Future is dependent on what you do TODAY. So today is the most important. Future doesn't come by itself.you create the future not the future creates you..
We believe MD Mr Ku press statement and we trust him for his commitment and assurance to curb speculation activities in SCIB and make sure the interest of shareholders are well persevered.
22 acres of state land to be acquired by SCIB soon for the expansion of production of the company. This will boost the production to meet the demand of the incoming project and future development 😎🤞💥
Managing Director Mr Ku after his press statement today he will ensure every unusual activity back to normal and he won’t let our Premier Sarawak Abg Jo loose face on this LD of Sarawak based shares keep on going after 2 consecutive days LD😎🤞
2 consecutive LD without reason and dragging all the panicked people starting selling off their shares on speculative news making the shares plunged 60% besides the company just secured 97.7 millions new project to be implemented soon 😎…see nothing bad about the company but the irresponsible group of people causing the problem for all the shareholders 🧐😎
syndicate pump and dump all the way prob with insiders... cruel but true, nvr buy stocks out of greed... this is a fishy co from the beginning... they dont even let u out alive !
Wow,SCIB was established in 1975 over 48 years.if it can survive that long,there is no reason why it can't overcome the present hiccup and can't continue from strength to strength.
https://theedgemalaysia.com/node/697757 . SC halted share price of scib for 2 morrow to remain at 0.535 . Very lucky loh ! No more lower than 0.535 by 2 morrow selling price . Should be the right way to prevent manipulators from keeping dumping until certain investors who bought on contra couldn't settled the steep falling share price in such a short time . This is ridiculous as it almost wiped out more than half of the share price from a high of 1.20 . Without such measures , many may not absorb the external shocks and can lead to suicide . Clear the air no more panic by 2morrow . Could be staging some rebound as some good news from scib acquired new projects
Even margin calls price of scib have been frozen at 0.535 by tomorrow and margin calls could only subsequently dampened share price to suppress upwards trajectory for rebound
It is believed that technical rebound is likely to take place only after the margin calls have been regularised and when the share prices are stabilised.Basically,most counters under LD are already in oversold positions and the reversal is expected
Eagle77 SCIB secured 365 millions for 3 projects almost similar to Edaran which share prices 1.30 -1.50…so now the shares only 0.53 cents very far from the exact value!! Supposedly now already 1.50 💰💥
——————————————— Completely different project, how desperate are you?
Their irrational and indiscriminate selling is larger than their losses.why do you have to act like them ? If you do ,you are nothing but just to be one of them lamenting over the losses afterwards.
The share price of 0.53 is due to over reaction.As said, the share price is reflected in response to forward looking events.it is expected to rebound to be normalised.you don't have to be among the running chickens without heads
———————————————— Suspended short selling on both 1st and 2nd day didn’t stop the waterfall. You should see how gkent freefall in May, 2018. Suspending short selling won’t save you.
It takes 2 weeks before regularisation. Next time, sell at any price at first LD. Cos there will be 2nd and 3rd LD.
I beg Some of you are experienced traders .hencw you don't have to act like those who are green horny. You can forget about SCIB if Dr. K is still around in the board room. He is no longer around ,wtf are you worried about? Some commented that it is the same as SD. Has SCIB been red flaged by external auditors? Not,right! So what bothers?
Just in case you guys don’t know what happen at 9.30am to 10am after remisier finished going through their clients portfolio. Let me tell you types of call that’s going with client that’s holding SCIB on contra/margin.
Remisier : Hello Auntie A, i’m remisier from Bank M. Auntie got buy quite alot of SCIB because of some b*llsh*t dato buy here, tan sri invest there news. Now, the counter limit down yesterday. Today your FMR at 80%. To regularize ur account, you need to top up 300K or you else you have to sell 1 million shares. What you want to do Auntie? Auntie A : I don’t have 300K boh. Sell lo sell lo. What to do.
This is another scenario; Remisier : Uncle A, I’m Ah Chong from Bank M. The SCIB you buy at 1.10 2 days ago for 100000 shares using contra. Today T+2 dy. Need to settle yeah. If pick up, you need to bank in 110K into your account. If you want cut loss, you need to top RM 67.K. Uncle A : Aiyo…I don’t have 110K boh. Woah, lose like shit still need top up 67.5K for nothing. Remisier A : i’m sorry uncle. Just doing my job.
You see, i believe paktua buys his shares cash. He is still here after many years fighting in red sea. I’m very impressed with his resilience. For others that puns like their life depends on it, they are those that not looking forward to have conversation like auntie A and uncle A. But they will.
Let me tell you this, see all the counters that limit down in the past. It’s not very different from one another. Same pattern, different victim.
Each round of LD will trigger new sets of margin call. Until, no more margin call. 200m shares traded, I don’t how many of them are on margin and contra. If support don’t emerge, all that they going to do is keep cutting loss.
So joyvest, since you are stucked so deep and no point to cutloss now, if SCIB are as good as u think, best time to average down is 12 more days.
Just incase you still refuse to see, Gkent still report 20M profit quarterly after the waterfall and 80M for that year but it didn’t save gkent. SCIB PAT here is already a joke.
12 Day later, if I buy 20sen and it might drops to 10 sen. I might be a loser, joyvest definitely a bigger loser. But if I buy 20sen and later becomes RM1. joyvest might be a winner, I’m definitely be a bigger winner.
If you want to be winner, must be very very very shrewd with your entry. No good discount, or no great VERIFIED news also don’t enter. Cheap can always get cheaper.
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....
joyvest
10,533 posts
Posted by joyvest > 2024-01-17 19:53 | Report Abuse
Why keeps on mentioning 0.15? The share price is a forward looking price in response to the potential earning of the company.