Last time under Karim and the gangs share price plunged from 6.00 to 0.11 because of mismanagement/hanky panky cases. That’s the big reason of share down drastically but when we see and study last few days drastic LD happened to SCIB with no reason besides that it has been happening to many other counter LD. It’s not the problem of new management at all besides that the management able to secure more new projects worth hundreds millions to the company…multiple good news for the company actually and the share supposedly LU or flying further above 1.20…that supposed to happen today so I conclude it’s an opportunity once in lifetime to buy cheap tickets before it back to the original price 1.20 and surge further 😎💰💥⬆️✅🤞
In the nineties when we looked back to the annual report of the company its showed that SCIB was a profitable, strong and sustainable company with millions of profits and exercised many bonuses share to shareholders. The price was over 30 ringgit per share. This is one of the strongest company in Sarawak and very popular in Malaysia 🇲🇾, Indonesia, Singapore,Brunei and of course favoured by the state of Sarawak. So today SCIB getting stronger under the leadership of new management. Nothing wrong with the company, no bad news everything is good and in order besides plenty of good news has been announced and more positive news is coming soon ⬆️✅😎🤞
Share price plunged from 6.00 to 0.11 with reasons( Karim’s problems) acceptable ok 👍
LD/Plunged from 1.20 to 0.235 ( with no reason at all)
So guys where the share price supposed to be settled today? For me its supposed around 1.50 after the recent announcement of new EPCC project secured at UMK which worth almost 100 million😎🤞
In reaffirming the Company’s commitment to transparency and shareholder value, SCIB highlights the recent achievements that underscore a robust business trajectory. Notably, these include securing a RM97.7 million EPCC contract for the University Malaysia Kelantan project, signing a critical MOU for a RM250.0 million housing project in Bintulu with Kemena City Development Sdn. Bhd. and Smart Borneo Properties Sdn Bhd, and acquiring a RM16.8 million contract for the Projek Pembinaan Pangkalan Pasukan Gerakan Udara PDRM Sarawak. These significant milestones exemplify SCIB's diverse capabilities and strategic growth in various key sectors.
The Sarawak state government is projecting a capital injection of about RM100b by 2028, which is envisioned to elevate the state into a developed economy status. About RM64b will come from the state’s annual budget while the state’s energy development company Sarawak Energy is expected to pump in about RM40b up to 2026. MIDF notes that this is a conservative estimate by the state government as the state’s budget averages about RM10b annually.
@Eagle, EV counters sentiment dead long ago, example Careplas. Trader are no longer interested in them bcoz supplying EV part just the same like supplying automative parts, margin very low and very competitive. Stop being delusional.
Old nyanyuk fogie bought SCIB @ 1.03 just b4 the big bloodbath & average down in the 80s then cut @ 57c...better get out from the game b4 home, underpants & wife's jewellery all gone. Advice from a 30-yr-old veteran who's also a rare-as-snowstorms-in-the-Sahara retail participant since 2017 in Japan, the hottest developed market in the world today.
Sarawak has been declared the high income state from the world bank recently. Congratulations to our leader Premier Sarawak Abg Jo for the great achievement 👏👏👏surely the construction, property segment contributes a lot besides other businesses 😎🤞
Believing 2024 construction segments will booming especially in Sarawak due to the new capital of Indonesia 🇮🇩 Nusantara rapid development. Sarawak is the nearest country to the new capital and of course businesses link, collaboration, jv between both countries will prosper and grow rapidly 😎🤞
All companies in Sarawak doing construction, property, industrial such as SCIB etc will be most benefited from the construction of new capital Nusantara, Indonesia 🇮🇩 ..bright future 😎🤞
Hi, i stop comment scib since Abdul Karim time. After holding the stock for 2years plus but let go recently. It said to sad to see majority of investor lossing money chasing high.
Personally, i think Scib has good growth potential if manage well especially with the rolling of new mega projects by sarawak government and foreign investment into sawarak.
MD Mr Ku hoping you and your management read and take note of our comments in this forum as a new management team responsibility on your shoulder to make all shareholders are well treated and protect their rights. Please do not repeat the same mistakes as Abdul Karim did to shareholders and being cursed by people throughout his life. Please be filled with integrity,compassion and responsibility to carry out your duties as leader. Tq.
Some people because of greed they lost their mind and committed crimes. They willing to sacrifice others for his own good by legalising the illegal conduct. When human lost his mind he would act worse than an animal.
Abdul Karim era was over so now lead by the new management who had promised to perform their best for the company as per press statement by MD Mr Ku Chong Hong we as shareholders putting our full trust to the management of SCIB in the present and future investment will benefit all of us 😎
Only u can find in the era of Mahaldani gahment lorr. Ah Jib gor was the best prime minister ever. Anwar was in shaky, Sarawak lose support to him already mah
Everyone knows to Buy low sell high.now then how low is low? JAKS is low at 0.18.it is believed that many have swamped to buy ,thinking its a bargain of a life time but ended up false hopes in the end.
Why? You PM me,I tell you why. Not all the counters with low price are good bargains.
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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....
Income
12,307 posts
Posted by Income > 2024-01-20 13:41 | Report Abuse
Ahyoyo, belum apa apa dah TP Rm1.50…
Too good to be true