oct to dec 2013 it undergo 3 months consolidation and then go up to peak..from that peak till now ~3 months also..hopefully history repeat itself..hehe
the 15m DBT is a good news and also a bad news...good news is that big player coming in will make share price more exciting...bad news is...he is big player and he want to eat everyone.
I wanted to add at RM2.11 but held back becauz coy said it will issue circular only in september... Too much delay.. normally bonus very straight forward, dont know why take so long
During last quarterly results announcement, SBC declare a 4.75 sen dividend. What happened to this dividend? Any of you already receive this or are we still waiting for approval from Bank Negara?
SBC Corp (SBC MK) Technical BUY with +18.8% potential return Last price : RM2.24 Target Price : RM2.49, RM2.66 Support : RM2.10 Stop-loss: RM2.08 BUY with a target price of RM2.66 with stoploss below RM2.08. SBC’s share price has been trading below the medium-term downtrend line following a correction from the high of RM2.49. However, the share price has established a strong support at RM2.08- RM2.10 despite repeated attempts to breach lower in the past 11 weeks. Yesterday’s strong gain has placed the share price in new territory as SBC breached the downtrend line, the “cloud” and both the 10-day and 21-day SMA lines. This signals the end of the recent correction and the start of a new uptrend. The bullish crossover in both MACD and Stochastic should signify a strong momentum which is likely to lift the share price higher in the near term. Moving forward, we expect SBC to rise towards the 1.38x Fibonacci extension level of RM2.66 over the medium term. Expected Timeframe: 2 weeks to 2 months
The Directors have recommended a first and final single tier dividend of 4.75 sen per share amounting to RM 7,434,443.03 for the financial year ended 31 March 2014 in respect of ordinary shares as follows:-
(a) (i) Amount per share: 4.75 sen single tier (ii) Previous corresponding period: 4.0 sen less 25% income tax. (iii)Total dividend for the financial year ended 31 March 2014: 4.75 sen single tier per share
(b) The date of entitlement to dividend and the date of dividend payment will be announced at a later date.
SBC Corp (SBC MK) Technical BUY with +20.4% potential return Last price : RM2.21 Target Price : RM2.49, RM2.66 Support : RM2.10 Stop-loss: RM2.08 BUY with a target price of RM2.66 with stoploss below RM2.08. SBC’s share price has been trading below the declining medium-term trendline following a correction from the high of RM2.49. However, the share price has recently broken out above the resistance of RM2.10 and has since sustained above the trendline over the last three days. Yesterday, the stock’s consolidation entered its third consecutive day, with both the MACD and Stochastic signaling the continuation of its uptrend in the near term. The bullish trend is further magnified by the crossing of the MACD into positive territory, suggesting that the positive momentum will strengthen in the near term. As such, we reiterate our technical buy call on SBC with an unchanged medium-term target price pegged at the 1.38x Fibonacci extension level of RM2.66. Expected Timeframe: 2 weeks to 2 months
DEAR FRIENDS AT SBCCORP, I BOUGHT THIS STOCK YEARS BACK AT ONLY 45 CENTS WHEN I SAW ITS VALUABLE LANDS IN IPOH ROAD AND SETAPAK, HOWEVER AT THAT TIME NOBODY BOTHERED, TODAY SBCCORP HAS GONE UP 400% TO RM2.20, YET MANY STILL THINK SBCCORP IS STILL UNDERVALUED. I HAVE DISCOVERED A STOCK JUST LIKE SBC CORP WHEN IT WAS SELLING AT 45 CENTS, GO OVER TO AZRB FORUM AND SEE HOW UNDERVALUED AZRB ASSETS ARE IN SETAPAK NOW, IT WILL BE AN EYE OPENER
This stock has been too steady for past few months, got too impatient and sold it off. Wonder when will the upward momentum come. After all, the fundamentals is good ya..
Anyone can share to me if the property transaction is still active in KL ? Johor Bahru area slow down significantly, supply is much more than the demand and new project have been slow down while many of the contractor actually stop launching new project.
Please share and need it to reference to judge whether need to re-allocate my money into other segment. Thanks very much.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bovun2014
252 posts
Posted by bovun2014 > 2014-07-14 08:33 | Report Abuse
15million share transacted at 2.10 last week off market. no wonder the price keep going down