SIK CHEONG BERHAD

KLSE (MYR): SCB (0316)

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Last Price

0.24

Today's Change

-0.005 (2.04%)

Day's Change

0.235 - 0.245

Trading Volume

1,682,600


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150 comment(s). Last comment by Michael Kwok 18 hours ago

Posted by duniooooo > 2 months ago | Report Abuse

good bad or ugly

GSoros

22 posts

Posted by GSoros > 1 month ago | Report Abuse

Maybe good, sometime bad, mostly ugly🤣🤣🤣Buy at your own risk

BE_GREEEEEDY

1,787 posts

Posted by BE_GREEEEEDY > 1 month ago | Report Abuse

arrgghhhh

Posted by ngyewchai76 > 1 month ago | Report Abuse

Fair price on research target range ?

Posted by ChatGPTstar > 1 month ago | Report Abuse

oversubscribed. https://www.enanyang.my/财经新闻/马股ipo续火热-熾昌超额认购214倍?fbclid=IwY2xjawEabxtleHRuA2FlbQIxMQABHRJuxCOS2lx_pthpB_rqsWpWh3k1CCh2fe1YJ3YNvUg47kKsrenLyzPpJQ_aem_f2CgI2uSwGUV8GVn-GR0-A

Posted by Keqing Tan > 1 month ago | Report Abuse

PBB results can check

BE_GREEEEEDY

1,787 posts

Posted by BE_GREEEEEDY > 1 month ago | Report Abuse

Potential RM 1.00..?

BE_GREEEEEDY

1,787 posts

Posted by BE_GREEEEEDY > 1 month ago | Report Abuse

ATTACCKKKKKKKKKKKK $$$

xuxu

5,756 posts

Posted by xuxu > 1 month ago | Report Abuse

goreng too high already no meat

Posted by zola8080 > 1 month ago | Report Abuse

saham kelapa sawit for long term investment

xuxu

5,756 posts

Posted by xuxu > 1 month ago | Report Abuse

all wants short term hehe

Stocks888

586 posts

Posted by Stocks888 > 1 month ago | Report Abuse

Siapa beli 0.50 ????

Stocks888

586 posts

Posted by Stocks888 > 1 month ago | Report Abuse

Sy beli 0.50 ingat boleh sampai 0.56 jual😂

Stocks888

586 posts

Posted by Stocks888 > 1 month ago | Report Abuse

Plsss bosss kasi balik 0.50 … Duit susu anak dah x de ni 😂

manka

764 posts

Posted by manka > 1 month ago | Report Abuse

mari...mari...wang besar....

manka

764 posts

Posted by manka > 1 month ago | Report Abuse

petang mungkin dalam 45-47ct....mari...mari...wang besar...kihkihkhikhihkih

xuxu

5,756 posts

Posted by xuxu > 1 month ago | Report Abuse

petang 0.34 - 0.35 ? hehe

Posted by sweetylemon > 1 month ago | Report Abuse

General rule - palm oil is a long term play. But then again, that's applicable to plantation. Since this share is involve in repackaging palm oil and they sell in bulks to retailers, hotels, caterers and food factories/manufacturers, I'm positive this share could fly easily. Now price already at 0.37, quite a good price for those who wants to hoard their shares.

Posted by TradeHarbor > 1 month ago | Report Abuse

Quite surprise to see Rakuten sell call on the listing day //

Posted by Ahmad Shauqi > 1 month ago | Report Abuse

Bought in as well! 😅 Down almost 5% now. It’s like the stock decided to give us a surprise sale, but without the actual discount. Let’s hope it bounces back soon, or we might have to start considering palm oil futures as a side gig! If this keeps up, I might just "goreng" something else for dinner instead of my profit! 🍳 Hang in there, we’ll get through this together!

OKU_2020

4,822 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

RUNNNNNNNNNN FOR YOUR LIVE.....BOOOO. CHOWWW. CCCCCCC👹

Posted by Ahmad Shauqi > 1 month ago | Report Abuse

Sik Cheong Berhad's IPO had a bit of a bumpy start, even though it was massively oversubscribed by 213.53 times before it hit the market. This made it one of the hottest IPOs to watch, but the actual market performance didn't quite match the hype.

When you look at other IPOs in July and August 2024, Sik Cheong's first day was a bit of a letdown. Some other IPOs, especially in tech and consumer goods, did much better out of the gate. Sik Cheong’s strong position in the palm oil sector didn't seem to impress investors as much as expected, possibly because of market jitters or just the overall mood after the initial buzz wore off.

It’s a reminder that even when an IPO is super popular before it lists, the actual performance can be pretty unpredictable, especially in more traditional sectors like palm oil. Timing and what’s hot in the market really make a difference in how these things play out.

BE_GREEEEEDY

1,787 posts

Posted by BE_GREEEEEDY > 1 month ago | Report Abuse

Warren Buffett >>..?
BE GREEEEEEEDY💪 when others are SHIVERINGG 👹 >> $$$$$...👌

Posted by HugoUPUPUP > 1 month ago | Report Abuse

kucingko dan ini stock opening drop 99, dangerous.

cicakman

7,228 posts

Posted by cicakman > 1 month ago | Report Abuse

Great,never learned lessons from catko.Be sellective n extra carefull when deal with no branding n not really well known plcs.Study the FYR n business .Compared wth catsco which give huge damage ,still this counter u can easily can get kill.Based on those got slaughtered at catsco many retailers will avoid n those who got the IPO will run too.

cicakman

7,228 posts

Posted by cicakman > 1 month ago | Report Abuse

U will be lucky as DJ is positive n Nosh are not much.However there still negative sentiments n indicators specifically for this counter .
Good Luck.

Posted by TheTradeWar > 1 month ago | Report Abuse

Congrats

cicakman

7,228 posts

Posted by cicakman > 1 month ago | Report Abuse

Good Luck, coming is 31-32 cts soon.

Posted by iCashBooster > 1 month ago | Report Abuse

no lar it wont simply hit below IPO price, if hit 0.31sen im the first one will sapu cheap price.. good fundamental no need to worried

Posted by iCashBooster > 1 month ago | Report Abuse

im prepare to load..the much lower the better...

chobozong

56 posts

Posted by chobozong > 1 month ago | Report Abuse

Tmr cheaper la

cicakman

7,228 posts

Posted by cicakman > 1 month ago | Report Abuse

Tomorrow probably 32 -32.5 cts
Next week 28-29 if mkt not good.

Posted by TheTradeWar > 1 month ago | Report Abuse

Fly

Michael Kwok

6,347 posts

Posted by Michael Kwok > 1 month ago | Report Abuse

Scb 34.5
Look like will be in 24-28 cents
15/8/24 12.15am

BE_GREEEEEDY

1,787 posts

Posted by BE_GREEEEEDY > 1 month ago | Report Abuse

Michael Kwok@
Scb 34.5
Look like will be in 24-28 cents
----------------------
NO WAY....!!
Warren Buffett >>..?
BE GREEEEEEEDY💪 when others are SHIVERINGG 👹 >> $$$$$...👌

cicakman

7,228 posts

Posted by cicakman > 1 month ago | Report Abuse

Insiders has sent messages to thanks you all for the bonus given on the 13th August to celebrate 31st August.

xuxu

5,756 posts

Posted by xuxu > 1 month ago | Report Abuse

drop till around 0.3 may can go in

BE_GREEEEEDY

1,787 posts

Posted by BE_GREEEEEDY > 1 month ago | Report Abuse

don't be POND*N👹
BE GREEEEEEEDY

Posted by TheTradeWar > 1 month ago | Report Abuse

Congrats whom catch lower. It's a mistake for company to push price lower , people will lost trust to invest. Director, operator i know you read my comment. But listen to me, the lower you push the price the merrier it will be for us to take advantage.. and 1 thing the consequences, public will lost trust to invest in your stocks. Whenever you push the price higher next time after you s2cks public cash and trust loyalty.. you won't be able to attract the public anymore.

cicakman

7,228 posts

Posted by cicakman > 1 month ago | Report Abuse

For Info,might takes approximately 8 mkt days from listing day to have a slightly recovery's or stable px movements.Overall mkt sentiments are currently negative.

xuxu

5,756 posts

Posted by xuxu > 1 month ago | Report Abuse

Directors are selling their share, you all want to pick up the unwanted papers ? hehe

xuxu

5,756 posts

Posted by xuxu > 1 month ago | Report Abuse

Don't pick up directors' shits

cicakman

7,228 posts

Posted by cicakman > 1 month ago | Report Abuse

Tomorrow another throw,Monday 28.5 - 29.5 cts.
Good Luck.

Posted by TradeHarbor > 1 month ago | Report Abuse

Didn't directors have lock-up period and couldn't sell the shares ... ? 😶

Posted by ShareFortuneTeller > 1 month ago | Report Abuse

Nosh only 266 million, easy to goreng if they want/catch the eye of sharks/operator.

Tripaka

2,946 posts

Posted by Tripaka > 1 month ago | Report Abuse

Sharks lying low. They goreng, sharks also can die.

cicakman

7,228 posts

Posted by cicakman > 1 month ago | Report Abuse

Halo,do u understand what is goreng?It has been goreng during listing to high 50.5 cts n now on corrections.It's not from low to gradually creeping up slowly.
Unless there r overall spillover positive mkt sentiments,it will still goes down to fair px of around 0.29-0.30 cts.Since DJ has been positive,the possibilities is 50/50.
There are some other good stock to invest.
Don't get trapped n good luck.

cicakman

7,228 posts

Posted by cicakman > 1 month ago | Report Abuse

If want to INVEST at approx same current px,,the best will be Censof for E-Invocing n M&G for Petronas contract.
CONTRA NOT ENCOURAGE.

cicakman

7,228 posts

Posted by cicakman > 1 month ago | Report Abuse

Expected closing px on the lower side 31.5 -32 cts n higher side 33.5
Upside px movements are limited n have potential down side.

cicakman

7,228 posts

Posted by cicakman > 1 month ago | Report Abuse

Some speculators of the first day vol of 128k px range> 50 -> 35.5 cts changed hand have to exit.

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