In Sarawak big property,construction companies only a few and SCIB is the historical best and sustainable company with the full support of the state government to deliver the development project 😎🤞💰💥✅
Already showing 2 QR green ✅✅ profitable 💰💰from the new management so definitely the coming qr will be more explosive 💥💥💥 with in hand secured hundreds millions project excluding the billions new coming projects in near future 😎🤞💰💰💰💥💥💥⬆️✅
Recently , it was proposed to settle debt of its sister company by issuing 18 m shares at RM 0.61 each , so it is believed that the next TP would be more than the said price.
Posted by rainman777 > Mar 1, 2024 11:04 AM | Report Abuse
Hahahaha coming soon my wang wang bu Liao fish from kapit Sarawak hahahaha sampai i punya meja, Wakaka
Empurau … if you rear it yourself, you hari hari need to give fresh fruits 🍇 🍈 🍉 etc for it to eat. Lama lama you also pokkai. That’s why Empurau is very expensive la.
The debtors know how much the share is really worth before they accept the settlement through issue of shares . It is believed that the price of RM 0.60 is derived after discount of 30% -50 % so guys you should know how much the share is exactly worth by now ......
Please review its most recent audit report as the audit opinion can not be given based on form but substance. Your mention of no substance is untenable sorry to say.
KUALA LUMPUR: Sarawak Consolidated Industries Bhd (SCIB) remains optimistic about its prospects, driven by strategic recalibrations, a renewed focus on governance, and a proactive approach to seizing growth opportunities.
The industrialised building systems specialist said it is committed to navigating the current economic landscape with agility, aiming to drive sustainable growth and deliver long-term value to stakeholders.
SCIB posted a net profit of RM846,000 in the second quarter ended Dec 31 compared with a net loss of RM2.82mil in the same quarter last year.
Revenue, however, rose 5.8% to RM38.1mil against RM36mil a year prior. Its earnings per share stood at 0.13 sen versus a loss per share of 0.48 sen last year.
In the first half, SCIB posted a net profit of RM1.77mil on revenue of RM77.5mil.
SCIB also appointed Yak Boon Tiong as an independent non-executive director, effective immediately. Yak will contribute to the audit committee and risk management committee.
Managing director Ku Chong Hong said Yak’s wealth of experience in finance and governance is poised to enrich the group’s strategic endeavors further. “Our recent milestones, including leadership transitions and strategic land acquisitions, are pivotal to our long-term objectives. With Yak’s addition, we’re even more equipped to exceed stakeholder expectations and navigate the complexities of the current economic landscape with robust governance and operational excellence.”
AAX appears to reach saturation in their current capacities . To go beyond, they are in need of aircraft meaning more capital expenditure is need. Internal funding thorough RI is challenging and external funding is even more challenging....oh dear oh dear..........
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....
CoffeeMilo
284 posts
Posted by CoffeeMilo > 2024-03-01 10:38 | Report Abuse
Limit down , get prepared 📌📍🎈📍📌