SARAWAK CONSOLIDATED IND BHD

KLSE (MYR): SCIB (9237)

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Last Price

0.245

Today's Change

0.00 (0.00%)

Day's Change

0.24 - 0.245

Trading Volume

1,434,200


8 people like this.

23,354 comment(s). Last comment by Eagle77 3 days ago

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.

joyvest

10,533 posts

Posted by joyvest > 2024-01-17 19:56 | Report Abuse

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..

adikkici

886 posts

Posted by adikkici > 2024-01-17 19:59 | Report Abuse

Pmx very slow. He should switch off bursa like Muhyiddin did last time when healthcare counter crash.

Eagle77

6,960 posts

Posted by Eagle77 > 2024-01-17 20:00 | Report Abuse

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.

rr88

6,532 posts

Posted by rr88 > 2024-01-17 20:04 | Report Abuse

The old crooks used to push market 30% in a day which cause bursa regulator to zoom in on them n interfere.

Nowadays modern crooks do it slowly in slow motion. Push up 1 to 3 cents every 2 to 3 days.

Ha ha ha.....

Hello gang, THE BUBBLE HAS BURST.
Once burst, it will go back to Square 1.

Got 2 Square 1 here:
If you r lucky 0.20 to 0.30.
If not lucky 0.10 to 0.20.

That how it is. No matter how much you want to talk it up to make you feel good, you will suffer.

Because its a chart pattern. Slowly2 up to form a bubble in months n then crash just in a few days. It happens for the past 100 yrs in markets.

Next time when trade speculative stocks, know to exit b4 you go in. Get out no more than 7% below cost, no matter what.

joyvest

10,533 posts

Posted by joyvest > 2024-01-17 20:05 | Report Abuse

Serba Dy ( SD)'s books and records were found to be fabricated red handed but not the case of SCIB. They are not comparable in strict sense.

Eagle77

6,960 posts

Posted by Eagle77 > 2024-01-17 20:06 | Report Abuse

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 😎🤞💥

Bmw X5

7,570 posts

Posted by Bmw X5 > 2024-01-17 20:09 | Report Abuse

Today Mr Ku press statement oledi give warning signals to those shortists....better give some respect and face value to our largest share holder....

Eagle77

6,960 posts

Posted by Eagle77 > 2024-01-17 20:11 | Report Abuse

The coming qr will be fabulous and the shares price definitely shoot up ⬆️✅ 😎🤞

Eagle77

6,960 posts

Posted by Eagle77 > 2024-01-17 20:16 | Report Abuse

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😎🤞

143922

518 posts

Posted by 143922 > 2024-01-17 20:20 | Report Abuse

Esok giliran sapa pulak

Zazzyy

328 posts

Posted by Zazzyy > 2024-01-17 20:23 | Report Abuse

omg this poor bugger is in scib now after making a fool of himself in ekovest 🤣

Zazzyy

328 posts

Posted by Zazzyy > 2024-01-17 20:24 | Report Abuse

crying Father Mother ekovest is worth 25 sens .

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2024-01-17 20:27 | Report Abuse

I am sure tomorrow will not limit down, no worry

Eagle77

6,960 posts

Posted by Eagle77 > 2024-01-17 20:28 | Report Abuse

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 🧐😎

Eagle77

6,960 posts

Posted by Eagle77 > 2024-01-17 20:32 | Report Abuse

The shares prices will back to its previous high 1.20 soon and believing it will up some more due to newly secured project worth 97.7 millions 😎🤞💰💥

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2024-01-17 20:48 | Report Abuse

ok

Ayong21

105 posts

Posted by Ayong21 > 2024-01-17 20:53 | Report Abuse

Leng zai Eagle counting on you to push price back up 1.20. It's time to open margin to do it.

The_JQuestion

1,697 posts

Posted by The_JQuestion > 2024-01-17 21:19 | Report Abuse

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 !

joyvest

10,533 posts

Posted by joyvest > 2024-01-17 21:59 | Report Abuse

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.

michaelwong

3,072 posts

Posted by michaelwong > 2024-01-17 22:31 | Report Abuse

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

joyvest

10,533 posts

Posted by joyvest > 2024-01-17 22:42 | Report Abuse

Those who have bought using margin were immediately triggering margin calls exacerbating the downfalls further ...

michaelwong

3,072 posts

Posted by michaelwong > 2024-01-17 22:57 | Report Abuse

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

joyvest

10,533 posts

Posted by joyvest > 2024-01-17 23:12 | Report Abuse

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

zoizai

1,496 posts

Posted by zoizai > 2024-01-17 23:18 | Report Abuse

If not one eat up the ticket Tmr. Friday will continue downward or limit down

joyvest

10,533 posts

Posted by joyvest > 2024-01-17 23:25 | Report Abuse

Yer,when it is oversold, it will be bound to rebound coupled with the technical rebound, it will be normalised in the end .wtf are
worried about?

The_JQuestion

1,697 posts

Posted by The_JQuestion > 2024-01-17 23:26 | Report Abuse

the rebound will come but i dont recomment anyone to buy it... its going to be next season for them to goreng again who knows when

joyvest

10,533 posts

Posted by joyvest > 2024-01-17 23:27 | Report Abuse

Zoi - Zai is small dick.literally you are dickhead?

joyvest

10,533 posts

Posted by joyvest > 2024-01-17 23:29 | Report Abuse

Well,you are experienced trader,you know very well it won't take long.why? Their share base will tell....

RJ87

5,134 posts

Posted by RJ87 > 2024-01-17 23:31 | Report Abuse

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?


joyvest

10,533 posts

Posted by joyvest > 2024-01-17 23:34 | Report Abuse

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.

joyvest

10,533 posts

Posted by joyvest > 2024-01-17 23:40 | Report Abuse

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

RJ87

5,134 posts

Posted by RJ87 > 2024-01-17 23:42 | Report Abuse


MikeyChan
Short selling is suspended. Tomorrow rebound?
https://www.nst.com.my/business/corporate/2024/01/1002329/short-selling-scib-suspended-second-day-row-share-price-down-35pc

————————————————
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.

joyvest

10,533 posts

Posted by joyvest > 2024-01-17 23:49 | Report Abuse

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?

RJ87

5,134 posts

Posted by RJ87 > 2024-01-17 23:50 | Report Abuse


joyvest
Well,you are experienced trader,you know very well it won't take long.why? Their share base will tell....
______________________________

Tell that to those still holding Gkent. RM3.5 free fall to RM1 in a week. Wait 5 years later to become 50sen.

prince4

1,459 posts

Posted by prince4 > 2024-01-17 23:53 | Report Abuse

i tell you DATO CHIAU gangs all sell you all don't believe...

joyvest

10,533 posts

Posted by joyvest > 2024-01-17 23:54 | Report Abuse

GKENT is different cos it didn't have future expected earnings unlike SCIB. If there is no negative news of the company,the LD is usually short lived

prince4

1,459 posts

Posted by prince4 > 2024-01-17 23:54 | Report Abuse

No believe me guy will lost their pants

prince4

1,459 posts

Posted by prince4 > 2024-01-17 23:56 | Report Abuse

ARE YOU KNOW WITH STOCK IS THEY WILL BE NEXT BYE BYE STOCK !

joyvest

10,533 posts

Posted by joyvest > 2024-01-17 23:57 | Report Abuse

I admit If Dr k was still in the board,then it was untouchable. It is glad that Dr.k has departed and new charter begins ...

joyvest

10,533 posts

Posted by joyvest > 2024-01-17 23:59 | Report Abuse

Nevermind ,it is your choice to follow the lossers. We act opposite.thats how we stand out

joyvest

10,533 posts

Posted by joyvest > 2024-01-18 00:02 | Report Abuse

Gkent is a different ball game .basically it is hopeless and untouchable

prince4

1,459 posts

Posted by prince4 > 2024-01-18 00:06 | Report Abuse

DATO CHIAU 割韭菜

RJ87

5,134 posts

Posted by RJ87 > 2024-01-18 00:23 | Report Abuse

You can be in denial as much as u like.

RJ87

5,134 posts

Posted by RJ87 > 2024-01-18 00:24 | Report Abuse

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.

RJ87

5,134 posts

Posted by RJ87 > 2024-01-18 00:25 | Report Abuse

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.

RJ87

5,134 posts

Posted by RJ87 > 2024-01-18 00:37 | Report Abuse

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.


RJ87

5,134 posts

Posted by RJ87 > 2024-01-18 00:50 | Report Abuse

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.

Bmw X5

7,570 posts

Posted by Bmw X5 > 2024-01-18 06:15 | Report Abuse

Enufd with the scary horror stories 2 days LD with no justification is enuff ....time for some action movie at 9 am !

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