INTRODUCTION The Board of Directors of Sarawak Consolidated Industries Berhad (“SCIB” or “Company”) wishes to announce that the Company had on 11 July 2023 entered into a Memorandum of Understanding (“MOU”) with IRIX SDN. BHD. (Registration No: 200801039256 (840604-M)) (“IRIX”) (collectively referred to as “Parties”) to participate on the SEA-H2X Cable System (SEA – Hainan – Hong Kong Express) (referred to as “the Project”) wherein, SCIB shall subscribe up to 30% of the issued capital in IRIX SEA H2X SDN BHD”) (referred to as “the Proposed Transaction”
This counter still got room for improvement, it’s depend on how strong of new management teams to secure the projects especially government sector. Any counter have to set your own TP @ kyliew. I will top up when jatuh , hehehe …
Jika takut, jangan datang ini counter , ini untuk trader , lu pandai jadi investor lu pergi counter lain main la. Apa top 30 top 30, top up your money first.
Congratulations to those holding the shares. No risk no gain but trade cautiously depending on each's risk appetite. Those already sold don't pour cold water to those who are holding and those who just entered.
Each an everyone has their own TP and shares price can only hike when there are new investors who believe in the company. With all the positive developments both in Management restructuring and projects realignments, SCIB is moving in the right direction to regain its past glory and probably exceed it. All the best to investors and may you gain profit along the way.
@kyliew you think only KLCI stock index can long term ar? repeat of 3 years what? they fired the same ppl 3 years ago? they got the same contract 3 years ago? Dont just view it on technical terms. How bout you go play your KLCI stocks la since you so pro with "KLCI index stocks"
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....
mijiki3
79 posts
Posted by mijiki3 > 2023-07-11 16:36 | Report Abuse
toward RM1 ... slow & steady