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 dianatrader > 2021-11-01 22:21 | Report Abuse

But i believe Karim is really rich

Posted by investorbat > Nov 1, 2021 8:10 PM | Report Abuse

solomolo,u said he is the top 50 richest in malaysia,$10mil pun tak ada meh,i will place myself 51 then

Posted by birkincollector > 2021-11-01 22:33 | Report Abuse

wah Karim sold 13mil shares at 0.180, 15mil shares at 0.15 through off market transactions.....looks like he is abandoning SCIB by selling them cheaper than open market.....but at least someone else is coming in

lucky8

181 posts

Posted by lucky8 > 2021-11-01 22:36 | Report Abuse

gone case liao, sub 10 sen coming

Posted by thestockoracle > 2021-11-01 22:46 | Report Abuse

people say a lot of doomsday since last week, but the price still holds well at this peak of bad news. that is what is most important

Posted by dimmubroker > 2021-11-01 23:35 | Report Abuse

Still need to wait

Posted by oskchoon > Nov 1, 2021 8:27 PM | Report Abuse

Don't panic to buy before 9th November 2021 and incase it is not suspended, at below RM 0.20 it is a excellent bargain, question is can you buy it easily..

linheng

1,373 posts

Posted by linheng > 2021-11-02 04:37 | Report Abuse

Direct Business Transaction. The Price is an arrangement between Karim & Buyer.

solomolo

1,329 posts

Posted by solomolo > 2021-11-02 06:34 | Report Abuse

..............



In a note on Monday, CGS-CIMB analyst Winson Ng said that the two proposals under Budget 2022 are likely to have a negative impact on Bursa’s earnings for the financial year ending Dec 31, 2022 (FY22).

“The increase in stamp duty of RM200 per contract note could reduce equities' average daily trading volume (ADTV) as trading cost for investors rises.

“The increase in transaction cost is anticipated to impact trading activities of retail investors. We expect retail investors that typically invest on short-term investment horizons to be sensitive to the change in transaction cost.

“Meanwhile, the above change in transaction cost is not expected to significantly impact trading activities of institutional investors who are longer-term investors with trading activities driven by the fundamentals,” he added.

Following the tabling of the government’s Budget 2022 last Friday, the stamp duty rate of contract notes is slated to be raised from 0.1% to 0.15% from Jan 1, 2022, with the cap of RM200 per contract removed.

https://www.msn.com/en-my/money/topstories/bursa-stock-slips-9-3-following-budget-2022-proposals-analysts-downgrade-ratings-and-cut-target-prices/ar-AAQarkP?ocid=msedgdhp&pc=U531


..............................

icon2021

203 posts

Posted by icon2021 > 2021-11-02 08:28 | Report Abuse

Do you read the news? Subs disposing....maybe to support SD? Who knows...
‐--------
thestockoracle people say a lot of doomsday since last week, but the price still holds well at this peak of bad news. that is what is most important
01/11/2021 10:46 PM
dimmubroker Still need to wait

LossAversion

1,727 posts

Posted by LossAversion > 2021-11-02 08:31 | Report Abuse

Suspension unlikely. wayang only.

Posted by hijau belalang > 2021-11-02 08:47 | Report Abuse

hello
can't wait to see today
uptrend?

tollebunsmith

4,277 posts

Posted by tollebunsmith > 2021-11-02 08:48 | Report Abuse

so can buy at 20 sen?.. fif keep can go back to RM1/...how long must hold?

Put RM20k can get RM100k... nice

Posted by hijau belalang > 2021-11-02 08:49 | Report Abuse

good
trust is vital


Posted by LossAversion > Nov 2, 2021 8:31 AM | Report Abuse

Suspension unlikely. wayang only.

Posted by hijau belalang > 2021-11-02 08:50 | Report Abuse

good vision
they need more time
long way ahead


Posted by tollebunsmith > Nov 2, 2021 8:48 AM | Report Abuse

so can buy at 20 sen?.. fif keep can go back to RM1/...how long must hold?

Put RM20k can get RM100k... nice

getingreal

405 posts

Posted by getingreal > 2021-11-02 09:22 | Report Abuse

How long must hold? Till your next life!

linheng

1,373 posts

Posted by linheng > 2021-11-02 09:22 | Report Abuse

Karim buat wayang. DBT at 15 cents but mkt still trading at 20 cents after so many days. Who are the buyers

investorbat

1,448 posts

Posted by investorbat > 2021-11-02 09:23 | Report Abuse

Very heavy resistance above,few hundred millions shares stuck like soft shell crab,without any good news hard to move up,price will get lower n lower

xuxu

5,855 posts

Posted by xuxu > 2021-11-02 09:27 | Report Abuse

very attractive price, wanna buy but high risk hehe

Posted by SunnySunshine > 2021-11-02 09:28 | Report Abuse

Those who do not know how to spell “DIE” are buying, soon later they will know how to spell “CRY”

linheng Karim buat wayang. DBT at 15 cents but mkt still trading at 20 cents after so many days. Who are the buyers
02/11/2021 9:22 AM

Posted by SunnySunshine > 2021-11-02 09:31 | Report Abuse

From as high as RM3 to now 0.20, this is response from Market over ignorant & arrogance by Karim

Posted by SunnySunshine > 2021-11-02 09:34 | Report Abuse

Clock is ticking & soon 9 Nov will be here…… soon those buying will find they kena lock out

muhfiq

759 posts

Posted by muhfiq > 2021-11-02 09:38 | Report Abuse

Trading time

How is it?

muhfiq

759 posts

Posted by muhfiq > 2021-11-02 09:39 | Report Abuse

Time is vital

Need reactive action

Then only trust will come

Loh Kok Wai W

3,717 posts

Posted by Loh Kok Wai W > 2021-11-02 09:51 | Report Abuse

scib.masuk jail doh......

muhfiq

759 posts

Posted by muhfiq > 2021-11-02 09:55 | Report Abuse

Trading has begin

Exceed 0.23?

Posted by genwong123 > 2021-11-02 09:55 | Report Abuse

15c this week ?

Layman2020

435 posts

Posted by Layman2020 > 2021-11-02 09:55 | Report Abuse

Exciting week, will the EOT approved by Bursa in last mins? sama sama tunggu

julian1981

900 posts

Posted by julian1981 > 2021-11-02 09:55 | Report Abuse

no reason to invest here even if it's cheap..

Layman2020

435 posts

Posted by Layman2020 > 2021-11-02 09:59 | Report Abuse

True, newbie no need to be here, this counter is for those stuck high and hope for the high risk high rewards.

xuxu

5,855 posts

Posted by xuxu > 2021-11-02 10:02 | Report Abuse

if serbak resume, can buy a bit to try hehe

Layman2020

435 posts

Posted by Layman2020 > 2021-11-02 10:11 | Report Abuse

First of all, Serba suspension only can be lifted with positive SIR. Then you can see many happy faces in 3 counters

Posted by SunnySunshine > 2021-11-02 10:12 | Report Abuse

Precisely, it’s corporate governance issue, a big big deal

How can we put money to someone with so bad reputation & low integrity to main main?

julian1981 no reason to invest here even if it's cheap..
02/11/2021 9:55 A

Layman2020

435 posts

Posted by Layman2020 > 2021-11-02 10:12 | Report Abuse

Close shop is true, but open shop in the year end once report ready.

Layman2020

435 posts

Posted by Layman2020 > 2021-11-02 10:14 | Report Abuse

So, Risk taker or not risk taker, decide yourself. No big heart better stay aside and watch the show.

Layman2020

435 posts

Posted by Layman2020 > 2021-11-02 10:20 | Report Abuse

Or bonus news out about EOT approval , who knows? Anyway not a buy call for all newbies. Many master here already comes out with a lot some called it Facts but some called it Guess. No right or wrong, we will wait and see.

Posted by investmalaysia7777 > 2021-11-02 10:24 | Report Abuse

major shareholder disposing. you guys want to catch their ticket?

Layman2020

435 posts

Posted by Layman2020 > 2021-11-02 10:28 | Report Abuse

Leno, you always come out here when the share price dropped, like a master, thanks for the advice. i would like to see you here also when the price is up.

gohkimhock

3,128 posts

Posted by gohkimhock > 2021-11-02 10:28 | Report Abuse

Don't scare them la. The suspension will start next week until the annual report is released. But the damage is already done..

Alex™

12,594 posts

Posted by Alex™ > 2021-11-02 10:28 | Report Abuse

below 20 sen d....very low d....how low can it go?

The market can remain irrational longer than you can remain solvent

Make sure you have a reasonable position sizing https://www.youtube.com/watch?v=_X_Lsz_0b1c

solomolo

1,329 posts

Posted by solomolo > 2021-11-02 10:32 | Report Abuse

20cent so cheap loh..just buy and wait next year loh...20K become 40K loh...haha

Layman2020

435 posts

Posted by Layman2020 > 2021-11-02 10:34 | Report Abuse

Maybe Leno is one of the SCIB boss, he can talks so confidently.

Legend

4,119 posts

Posted by Legend > 2021-11-02 10:35 | Report Abuse

Betul2 mencabar minda...

investorbat

1,448 posts

Posted by investorbat > 2021-11-02 10:36 | Report Abuse

You will never imagine how low a stock can go down,low go lower.

Layman2020

435 posts

Posted by Layman2020 > 2021-11-02 10:40 | Report Abuse

Won't deny that, it happened. But need to study it case by case.

Layman2020

435 posts

Posted by Layman2020 > 2021-11-02 10:42 | Report Abuse

Market price higher why DBT lower?, why, Leno?

Layman2020

435 posts

Posted by Layman2020 > 2021-11-02 10:42 | Report Abuse

sincerely want to know the reason

roslaom

502 posts

Posted by roslaom > 2021-11-02 10:44 | Report Abuse

Bos nak jual tahun ni, tahun depan stamp duty takde cap. Gomen amik byk.

solomolo

1,329 posts

Posted by solomolo > 2021-11-02 10:46 | Report Abuse

Scib had no problem with bisnes loh..just finiacial changes thier update loh..from oct changed to Dec...got suspension bcoz rule of bursa only...just buy and wait next year Karim will buy back like hell loh....remember buy 200K become 400K loh...haha

Layman2020

435 posts

Posted by Layman2020 > 2021-11-02 10:49 | Report Abuse

ok, nothing personal, i thought you can give me a very strong answer on DBT at lower price, but look like it is also based on assumption. Make me think that i should keep it until lifted.

Alex™

12,594 posts

Posted by Alex™ > 2021-11-02 10:49 | Report Abuse

newbie want learn goreng stock can, buy blue chip dulu slowly study

this kind of scib counter play sikit can d...no need burn whole forest for this flower

Layman2020

435 posts

Posted by Layman2020 > 2021-11-02 10:51 | Report Abuse

Alex, that's fair answer

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