SARAWAK CONSOLIDATED IND BHD

KLSE (MYR): SCIB (9237)

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Last Price

0.25

Today's Change

+0.005 (2.04%)

Day's Change

0.25 - 0.255

Trading Volume

2,205,300


8 people like this.

23,356 comment(s). Last comment by Eagle77 1 day ago

Posted by dimmubroker > 2021-10-29 16:30 | Report Abuse

Scib among the active counters

M+ Online Market Wrap - 28 Oct 21

FBM KLCI: 1,566.86 pts (-16.22pts, -1.02%)

The FBM KLCI (-1.0%) was firmly lower in the negative territory for the entire trading session and it has below the SMA200 level as investors’ sentiment remained cautious amid the pullback in the regional markets. Market breadth remained negative as the losers hammered the gainers by 624-to-422 stocks. The property sector (+2.4%), however, outperformed the negative broader market, led by ECOWLD (+14.5 sen), SPSETIA (+6.0 sen), SIMEPROP (+2.5 sen).

Top 3 Active stocks:
KANGER (0170): RM0.045 (-1.0 sen)
BENALEC (5190): RM0.155 (+1.0 sen)

SCIB (9237): RM0.23 (-6.0 sen)

Volume: 4.05 bn (100-day avg vol: 4.73 bn)
Value: 2.73 bn (100-day avg val: 2.97 bn)
Market Breadth: ⬆422 ⬇624
Crude palm oil: RM4,916 (-RM50)

Dow Futures: 35,410 pts (+21 pts)

Source: Bloomberg, M+ Online

Posted by dianatrader > 2021-10-29 16:38 | Report Abuse

Sure green next week


imvu
2834 posts
Posted by imvu > Oct 29, 2021 3:30 PM | Report Abuse

3 hari laju terjun , hari ni kenapa berhenti terjun . sebab minggu depan nak naik ?

Doddle

15 posts

Posted by Doddle > 2021-10-29 16:58 | Report Abuse

Syarikat ni mcm ada banyak masaalah... tak henti henti... tahun lalu mcm hero... tahun ni situasi semakin parah. Mcm banyak mismanagement sampai investors pun tak ada semangat.

imvu

7,888 posts

Posted by imvu > 2021-10-29 17:01 | Report Abuse

bulan depan gap up limit up hijau :)

InterFund®

1,777 posts

Posted by InterFund® > 2021-10-29 17:08 | Report Abuse

Kehadapan...............................

zoizai

1,498 posts

Posted by zoizai > 2021-10-29 17:14 |

Post removed.Why?

Posted by kamirise360 > 2021-10-29 17:27 | Report Abuse

Margin call maybe

Posted by Huatexpert > Oct 29, 2021 5:23 PM | Report Abuse

Karim disposed 14,350,000 shares...
Not sure is margin call or normal disposed.

https://www.bursamalaysia.com/market_information/announcements/company...

InterFund®

1,777 posts

Posted by InterFund® > 2021-10-29 17:29 |

Post removed.Why?

josephn

757 posts

Posted by josephn > 2021-10-29 17:29 | Report Abuse

Lol, no wonder price limit down 2 days ago, Karim also jump ship already, prepare to go Hawaii already with your money, you still want to stand hold. I salute your loyalty

josephn

757 posts

Posted by josephn > 2021-10-29 17:32 | Report Abuse

If he still love this company, he has had sales warrant proceed from his warrant to safe this company

solomolo

1,329 posts

Posted by solomolo > 2021-10-29 17:33 | Report Abuse

maybe up to Kpower..or standby for serbadk

InterFund®

1,777 posts

Posted by InterFund® > 2021-10-29 17:34 |

Post removed.Why?

InterFund®

1,777 posts

Posted by InterFund® > 2021-10-29 17:36 |

Post removed.Why?

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-10-29 17:44 | Report Abuse

Run run run hahah conman is running and on a selling spree with discount compared to market price

josephn

757 posts

Posted by josephn > 2021-10-29 17:53 | Report Abuse

Budget just announced 5billion+ project for sabah and Sarawak, hope could gap up scib next Monday

powerup89

1,694 posts

Posted by powerup89 > 2021-10-29 17:55 | Report Abuse

R.i.p

josephn

757 posts

Posted by josephn > 2021-10-29 17:58 | Report Abuse

2.5 bil for Scib and 2.5 bil for cmsb building project

Posted by risingstar21 > 2021-10-29 17:59 | Report Abuse

That's the rules.

High risk equal to all high

Posted by ken2004 > Oct 29, 2021 3:32 PM | Report Abuse

Just can said high risk high gain but don't forget high loss also

powerup89

1,694 posts

Posted by powerup89 > 2021-10-29 18:00 | Report Abuse

Karim jual lu orang beli...pandai ....hohohoho

josephn

757 posts

Posted by josephn > 2021-10-29 18:01 | Report Abuse

Next he resigned and quit, dispose everything to become billionaire to retire

shybutter

624 posts

Posted by shybutter > 2021-10-29 18:02 | Report Abuse

Wow. So active today for scib.

But yet the price movement is breakeven

josephn

757 posts

Posted by josephn > 2021-10-29 18:03 | Report Abuse

Karim jual lu beli, you can takeover his company already

Posted by silversurfer96 > 2021-10-29 18:06 | Report Abuse

oh well, anticipated this with margin call. but it was direct business transaction means someone bought it. it was not open market

investorbat

1,448 posts

Posted by investorbat > 2021-10-29 18:08 | Report Abuse

27/10: 14.36mil shares disposed at 0.265
28/10: 20.877mil shares disposed at 0.155
29/19: 12.817 mil shares disposed at 0.18
total disposed : 48 mil shares
I guess all DBT,Kao lat liaw,disposed way under today closing price,disposed more than 20% of his holding in Scib!

Gerrardo

630 posts

Posted by Gerrardo > 2021-10-29 18:09 | Report Abuse

Marching forward

Posted by InterFund® > Oct 29, 2021 5:08 PM | Report Abuse

Kehadapan...............................

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-10-29 18:12 | Report Abuse

Monday gap down 15c

josephn

757 posts

Posted by josephn > 2021-10-29 18:14 | Report Abuse

TP 0.08 coming, Karim already jump ship

investorbat

1,448 posts

Posted by investorbat > 2021-10-29 18:14 | Report Abuse

Guess so,if someone selling below 0.20,will u buy at 0.23?

Posted by thestockoracle > 2021-10-29 18:17 | Report Abuse

newtrader 1989 sorry bro you missed the boat today. you can dream on ...

josephn

757 posts

Posted by josephn > 2021-10-29 18:18 | Report Abuse

I think the disposal not ended yet, he going to slowly dispose everyday until scib suspension on 9th November to clear all his holding to retire early just like Awang

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-10-29 18:20 | Report Abuse

See next week how bro

thestockoracle newtrader 1989 sorry bro you missed the boat today. you can dream on ...

InterFund®

1,777 posts

Posted by InterFund® > 2021-10-29 18:20 | Report Abuse

He disposed ready pump SERBADK..............................

josephn

757 posts

Posted by josephn > 2021-10-29 18:22 | Report Abuse

The reason he dispose because don't want show report card to his mother, at that time scib not his anymore

Posted by thestockoracle > 2021-10-29 18:24 | Report Abuse

Budget just announced 5billion+ project for sabah and Sarawak, hope could gap up scib next Monday

Posted by thestockoracle > 2021-10-29 18:24 | Report Abuse

let him exit la, he needs money to save Serba - serba is his main baby - not scib or kpower

josephn

757 posts

Posted by josephn > 2021-10-29 18:25 | Report Abuse

He disposed so desperately lower than market price means what? You guess yourself

Alex™

12,594 posts

Posted by Alex™ > 2021-10-29 18:25 | Report Abuse

If already hit ur cutloss rule, then better do it. The first cut is always easier. Good luck.

https://youtu.be/LlxcwNkWLIo

Posted by thestockoracle > 2021-10-29 18:25 | Report Abuse

Serba is heading down it seems with the SIR, the SIR does not seem to be good. their reluctance to announce is very suspicious. good la with him exiting, then SCIB and kpower can all pancut and not kena collateral damage

Alex™

12,594 posts

Posted by Alex™ > 2021-10-29 18:26 | Report Abuse

Play with Karim when kena eat also dunno. This kind of counter fast hand fast leg can d

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2021-10-29 18:26 | Report Abuse

scib and serbadk become non-marginable.
kpower only worth 0.20 in margin.
But people won't care because rich people are in stock

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-10-29 18:27 | Report Abuse

Serba will remain suspended, how to pump. Hahaaa

InterFund® He disposed ready pump SERBADK..............................

josephn

757 posts

Posted by josephn > 2021-10-29 18:29 | Report Abuse

Lol, become non marginable, I die already, already told Karim don't messed with shoplot banker

izoklse

5,272 posts

Posted by izoklse > 2021-10-29 18:43 | Report Abuse

Good that Karim disposed SCIB because both company are not the same and the only reason SCIB being drag down is because of Karim connection where he is one of the major shareholder. Now the price sinking to this low also because of tussle between SD and KPMG which cause SCIB to suddenly change auditor which cause them unable to report AR on time. All issue is cause by Him or connection to him. Better for him to disposed SCIB entirely and focus on SD only.

investorbat

1,448 posts

Posted by investorbat > 2021-10-29 18:45 | Report Abuse

This is the best time to bargain for very very good price,i want DBT 3 mil shares at 0.10

joyvest

10,533 posts

Posted by joyvest > 2021-10-29 19:01 | Report Abuse

Doomsday is looming....

clez91

27 posts

Posted by clez91 > 2021-10-29 19:49 | Report Abuse

here's a song for Dato Karim, scib shareholders and punters..

https://www.youtube.com/watch?v=Xdv83MFJd7U

goodbye to you my trusted friend..

joyvest

10,533 posts

Posted by joyvest > 2021-10-29 19:50 | Report Abuse

Once suspended, K is unable to liquidate and its better to liquidate now. Anyway he could make it back with another creation of sensational news in the future.no big deal...

joyvest

10,533 posts

Posted by joyvest > 2021-10-29 19:51 | Report Abuse

Probably it would go even lower after suspension. Its better for him to liquidate than sorry in the end.....

josephn

757 posts

Posted by josephn > 2021-10-29 21:19 | Report Abuse

I think Karim jump ship because he expects shoplot bank soon will reduce margin finance of these 3 company to 0. He use margin to buy, afraid force selling. No run = die if suspension. He need to use cash to cover all his holding.

josephn

757 posts

Posted by josephn > 2021-10-29 21:36 | Report Abuse

My banker already reduce margin finance of scib to 0.05 sen ECP

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