Please do a bit of homework to check who is the backbone of this SCIB. That's all I can say. Good luck to those still holding this counter. You will all be rewarded handsomely.
After restructuring SCIB with the competence management team I believe it will back and better than the previous days with coming mega projects such as undersea power supply to Singapore, SSLR etc…TP above 1.00
This counter is testing your patience. If you don't have patience you will throw and someone will collect it. That's why I say holding power. Believe it or not it's up to you.
KUALA LUMPUR (Nov 7): Edaran Bhd’s share price hit an 18-month high of 71 sen in Tuesday morning trade, after its unit Edaran IT Services Sdn Bhd won a contract to maintain the Royal Malaysian Customs Department’s operating system and MySST (Malaysia Sales & Services Tax) application worth RM89.88 million — which is almost three times the company’s market capitalisation based on its Monday (Nov 6)’s closing price.
In a filing on Monday, Edaran said the contract, which was awarded by the Ministry of Finance, started on Sept 1 and will span a period of four years.
“Proceeds from the contract shall contribute towards the earnings of the group for the financial year ending June 30, 2024 (FY2024) until FY2027,” Edaran said.
That guys promoting Edaran here and there la bro 😂…every company has their own strengths and future projects to be announced such as SCIB mega projects coming soon 🔜✅✅✅
I don't think the son will move coz only have 3 months to convert to mother share. The conversion price is rm1.77. Now mother share is only 0.585 sen. Just sell to get a bit of your money back.
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....
Eagle77
6,968 posts
Posted by Eagle77 > 2023-11-03 15:55 | Report Abuse
A lot of mega projects coming ⬆️⬆️⬆️✅✅✅