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

joyvest

10,533 posts

Posted by joyvest > 2021-11-10 07:15 | Report Abuse

It has gone to Holland with no return. Suing bursa will get matter worse. Bursa does not back off and is not afraid of "legal" gangsterism.

williamtkb

3,216 posts

Posted by williamtkb > 2021-11-10 07:32 | Report Abuse

Bursa should tighten the monitoring on listed companies especially those penny stocks to protect investors. Do not simply approve the private placement or additional shares issue

i3lurker

14,391 posts

Posted by i3lurker > 2021-11-10 08:04 | Report Abuse

I was told listing is a privilege and not a right.

Tun Dr M says some people can be confused.

Maybe they are confused between privileges and rights

Legend

4,119 posts

Posted by Legend > 2021-11-10 08:58 | Report Abuse

Morning...

nicholas99

9,887 posts

Posted by nicholas99 > 2021-11-10 09:34 | Report Abuse

cry me a river. mabel.

nicholas99

9,887 posts

Posted by nicholas99 > 2021-11-10 09:35 | Report Abuse

serbadk raise money when its industry should be growing. oil price go up.

nicholas99

9,887 posts

Posted by nicholas99 > 2021-11-10 09:35 | Report Abuse

something is wrong.

Posted by hijau belalang > 2021-11-10 09:50 | Report Abuse

hello
any update?

Posted by hijau belalang > 2021-11-10 09:50 | Report Abuse

something is happening
watch closely
interesting one

muhfiq

759 posts

Posted by muhfiq > 2021-11-10 10:19 | Report Abuse

Maybe we can see other update near soon

Can't be this way

Sure got progress

muhfiq

759 posts

Posted by muhfiq > 2021-11-10 10:38 | Report Abuse

No movement as of now

Maybe will update later

Keep waiting

i3lurker

14,391 posts

Posted by i3lurker > 2021-11-10 11:13 | Report Abuse

KLM flight to Holland had taken off

ETA end December

amirf1221

768 posts

Posted by amirf1221 > 2021-11-10 11:51 | Report Abuse

Quite quiet now
Any progress?

amirf1221

768 posts

Posted by amirf1221 > 2021-11-10 11:52 | Report Abuse

How long will remain this way?
Not so much movement
Yet much news

Siijon

13 posts

Posted by Siijon > 2021-11-10 13:25 | Report Abuse

Good that they are making concrete steps to clean up the books. This will pave the way for the AFS to be finalised

joyvest

10,533 posts

Posted by joyvest > 2021-11-10 13:31 | Report Abuse

Now then due to sudden termination of contracts( I have the feeling that such contracts were either non-existent or awarded by dodgy com)

1.Are the debts recoverable?
2.are the dues payable?
3.contra or write off of the two above?
4 ending up with fictitious profit after 3 above?
5.very fishy

bojed

5,064 posts

Posted by bojed > 2021-11-10 13:39 | Report Abuse

Finally, after relentless exposures done by some of the diligent posters here, SCIB have finally done something with the much elusive Pavilion Qatar, which heavily suggests there's something off with PQ. I wonder what will happen if nobody brought up about PQ?

Maybe SD will follow suit soon too? Afterall, SD have big projects with PQ.

Go to Pavilion Qatar's website and see it for yourself. For a company that's suppossed to be established since 2009, it's kind of funny its website was only published in 2021. Mind you, this is a company that awarded $60 million contract to SD back in 2019.

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gloveisgreat https://m.malaysiastock.biz/Company-Announcement.aspx?id=1360959
10/11/2021 1:00 PM

Parrot

1,016 posts

Posted by Parrot > 2021-11-10 13:40 | Report Abuse

Many things are happening behind the door..It could be good or it could be bad..Ur money ur call..Hopeful before end Nov 21 (20 days more or less) SIR will be released though some believe it may be deferred with legal cases on board..But with SCIB settlement above it does give some hint for SD..Let’s see..

Hop333

148 posts

Posted by Hop333 > 2021-11-10 13:48 | Report Abuse

Pretty obvious there is alot of things going on behind the scene for fixes :D

Posted by birkincollector > 2021-11-10 13:56 | Report Abuse

Lol suspended baru announced contracts terminations...and blamed it on covid lol

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-11-10 14:00 | Report Abuse

Contract terminations? Where you got the news?

Layman2020

435 posts

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

Right move for AR release in Dec. Kudos to SCIB

bobvic96

748 posts

Posted by bobvic96 > 2021-11-10 14:12 | Report Abuse

Have a look at the Bursa announcements on the “lucrative” Middle East contracts SCIB is cancelling. The share value of this company is what it used to be before Kabam became a director

Layman2020

435 posts

Posted by Layman2020 > 2021-11-10 14:19 | Report Abuse

If this announcement is out before suspension, i would have added more because much clearer picture now.

solomolo

1,329 posts

Posted by solomolo > 2021-11-10 14:20 | Report Abuse

Layman..yup..me too

Hop333

148 posts

Posted by Hop333 > 2021-11-10 14:22 | Report Abuse

The director keep topping up before the suspension.. lol

------

Layman2020 If this announcement is out before suspension, i would have added more because much clearer picture now.

Layman2020

435 posts

Posted by Layman2020 > 2021-11-10 14:22 | Report Abuse

hahaha, maybe we seeing the same view.

Layman2020

435 posts

Posted by Layman2020 > 2021-11-10 14:28 | Report Abuse

Standby champagne for December AR release...99.9%

shpg22

2,984 posts

Posted by shpg22 > 2021-11-10 14:33 | Report Abuse

#tangkapkarim
jgn bagi lari

Investor48

1,330 posts

Posted by Investor48 > 2021-11-10 14:38 | Report Abuse

Hearsay not in Malaysia liaw..
Sudah cabut..

Hehe...

Posted by tinojuan71 > 2021-11-10 14:39 | Report Abuse

Another squid game token for scib

Posted by tinojuan71 > 2021-11-10 14:42 | Report Abuse

And also not forget serbak dinamik

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-10 14:47 | Report Abuse

BAU but with terminated contracts

InterFund®

1,777 posts

Posted by InterFund® > 2021-11-10 15:02 | Report Abuse

Fake contracts.............. Abang SERBADK sudah kena................ Ini hari terus terminate...........................

IdleMoney66

1,203 posts

Posted by IdleMoney66 > 2021-11-10 15:11 | Report Abuse

FINANCIAL EFFECTS

The final claims stated in the Settlement agreements are consistent with the provisions that were taken up in the accounts. As a result, the termination of Contracts will not have any material effect on the gearing, earnings per share and net assets of SCIB for the financial year ending 30 June 2022.
The termination of Contracts will not have any effect on the issued share capital and the shareholdings of substantial shareholders of the Company.


Read before comment

Layman2020

435 posts

Posted by Layman2020 > 2021-11-10 15:13 | Report Abuse

InterFund, wonder why you did not shout fake projects when the contract award's news published in newspapers last time? "Horse behind canon" prediction skill very unconvincing lei.

CUTLOST

5,178 posts

Posted by CUTLOST > 2021-11-10 15:18 | Report Abuse

Wow..another round soon

IdleMoney66

1,203 posts

Posted by IdleMoney66 > 2021-11-10 15:20 | Report Abuse

No point for people creating panic now :D
We cant even do trading of SCIB share. lolll

Posted by risingstar21 > 2021-11-10 15:21 | Report Abuse

Squid game still a good deal

Posted by tinojuan71 > Nov 10, 2021 2:39 PM | Report Abuse

Another squid game token for scib

Layman2020

435 posts

Posted by Layman2020 > 2021-11-10 15:22 | Report Abuse

Imagining of the first day after trading resumed, what price should i parked to buy in. Can or not? hahahaha

Posted by treatshijau > 2021-11-10 15:28 | Report Abuse

still hoping the outcome reveal now
the good way to move forward
let see soon

Posted by treatshijau > 2021-11-10 15:28 | Report Abuse

maybe chaos
will be interesting



Posted by Layman2020 > Nov 10, 2021 3:22 PM | Report Abuse

Imagining of the first day after trading resumed, what price should i parked to buy in. Can or not? hahahaha

Investor48

1,330 posts

Posted by Investor48 > 2021-11-10 15:30 | Report Abuse

I understand many stuck at high price..
Hoping for miracles..
But face reality lah..
It's a gone case..
If still can take back 10sen..
Count yourself lucky liaw..

Hehe...

Posted by treatshijau > 2021-11-10 15:30 | Report Abuse

wonder what happen
any clue?

shybutter

624 posts

Posted by shybutter > 2021-11-10 15:31 | Report Abuse

Imagine if it resume after the Sarawak's election?

Interesting

Posted by Layman2020 > Nov 10, 2021 3:22 PM | Report Abuse

Imagining of the first day after trading resumed, what price should i parked to buy in. Can or not? hahahaha

Layman2020

435 posts

Posted by Layman2020 > 2021-11-10 15:33 | Report Abuse

Investor48, you 10 cents huh? i bet above 23 cents and going up day by day.

Posted by kamirise360 > 2021-11-10 15:38 | Report Abuse

Do or die game. Hahaha

Posted by risingstar21 > Nov 10, 2021 3:21 PM | Report Abuse X

Squid game still a good deal

Posted by tinojuan71 > Nov 10, 2021 2:39 PM | Report Abuse

Another squid game token for scib

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