SCB (0316) - SIK CHEONG BERHAD IPO Prospectus

After considering all px factors,just incase u want to try curi2 when dust settle roughly will be 20 - 21 cts . TAYOR.

2 months ago

Singh28

Baru buat aduan kepada Bursa dan juga company. Kenapa harga boleh jatuh teruk. Selepas ni akan bagi viral juga. Patut ada tindakan ke atas Director kerana jual pada hari pertama listing. Masih dalam proses minta dokumen daripada SSM, untuk expose syarikat. Something wrong

2 months ago

IPO Price: RM0.27 Fair Value: RM0.33

2 months ago

Really cheating money

2 months ago

How to buat aduan.

2 months ago

Do you have any proof?
They do it everything right n not against any law.
They have Funds, Plan, Organise,Directing n Control.
The only mistake mostly ppl makes r you read but I don't understand n not focus to details.

analyise,

2 months ago

Law of Physical, Water Find It Own Level.They have to support at around 0.22 cts at which if pass the support level, next is critical 20.5 - 21 cts.
Unless u intend or can hold,better stay side line.

2 months ago

Bro, you are right, Investing always carries risks, but using such tactics to deceive people and take their money—is that something you'd be okay with?i worry that will this company also using Low material to produce thier product for max thier profit.

2 months ago

Sik Cheong Berhad (SCB, 0316) is strategically positioned within the downstream palm oil industry to capitalize on the growing demand for vegetable oils, particularly in Malaysia. The company plans to extend its market reach beyond its current strongholds in Kuala Lumpur and Selangor to neighbouring states such as Perak, Negeri Sembilan, Melaka, and Pahang. In an effort to reduce its reliance on RBD palm olein oil products, SCB is expanding its product portfolio to include high oleic soybean oil. SCB plans to expand its packaging operations will significantly increase production capacity to 9,470 metric tons annually, to meet the growing demand for high oleic soybean oil and RBD palm olein oil.

2 months ago

More important part, director also sold thier own share for the first day. Intention not good.

2 months ago

don't get personal! as an investor, shouldn't hold grudge, but invest in stock that's has potential.

2 months ago

if ppl buy SCB n lose money b'cos of ur continuous poor mouthing of d company, do ppl hold grudge against u? NO, v get wiser next time!

2 months ago

Winning and losing are part of the game. I'm an athlete, can accept losing, but it lost consumer heart. I wont buy thier product until director come out to say something. Can hold but worth to hold or not.

2 months ago

Bro, you are right, dont be grudge. Hope something good will come.

2 months ago

mathewlau2562

Mesti report to bursa if the director had committed an offence to dispose his share on the 1st day of listing

2 months ago

ppl r like that! company's directors r not supposed to do that! Investors also sell first day of listing n so r d company's directors. Noticed they bought back when d price felled to 32.5c

2 months ago

2021 trading, director consider insider. Thier know company conditions. We just investor. Hope can earn money or enjoy dividend pay out.

2 months ago

i noticed all directors r in d same boat selling company's shares on d listing date. Hence, no disciplinary actions. Opportunity for them. Taking profit is d culprit!

2 months ago

They don't sell all but took opportunities which r not wrong but not good examples to investor.Bosses are miskin 😂

2 months ago

Just my view,px first day play not fair n boss selling is bad.Business view specifically on lamp oil ok lah.
As long no cheating ok.

2 months ago

Ya, lamp oil we using sik cheong, that why i buy sik cheong share at 0.42sen. Now 0.235. Haiz, as consumer i support sik cheong, as investor i support sik cheong, but in the end money gone. That why emo. Haizz

2 months ago

I have been trying to tell somethings.
Now they make good money n support to goreng VTC from the funds.Normally cycle will come back but to get back 0.42 probably takes time.Currently after goreng VTC ,if to play back most is 0.295- 0 .32 rage.
It's just case study for me.
Good Luck.

2 months ago

SCB cannot go very far as there won't be any contracts unless export to Thailand or India.It means own business efforts only.Like normal small businesses in Malaysia.

2 months ago

Bro, no need go far, can reach 0.42 consider good enough. At least cover back original fund. Need to study before buy. I just buy becoz using thier product. Anybody mention ipo good, then gone case

2 months ago

To average is very risky although one of the strategies cz u will end up pumping funds to something not sure.To cut loss is not the right time n to wait walaahhhh unless u r lucky with any good news.

2 months ago

They called it bite the bullets but one good things everybody learn their lessons n experience teach u.
Good Luck.

2 months ago

If VTC can sustained n Kucingko too then probably SCB sentiments can recover too

2 months ago

@He En,hard luck for u today..Wish good luck for your recovery.

2 months ago

Hawk share also Ipo, Dato or investor all acquired. Now you know why ppl angry sik cheong

2 months ago

Looking at the px n vol movements, currently fair px n play.Since support seen at 22.5 any break will be a pblm.

2 months ago

Support 22.5 cts
Bargain 0.23 cts
New Interest 24-25 cts
Resistance 29 cts
Good Luck

2 months ago

UnicornP

Reaching lowest volume but still got impending sellers..

1 month ago

UnicornP

Still so many dumpers @ 235

1 month ago

Michael Kwok

Sik cheong 24.5 cents
Let see after 10am how look like.not too early to enter.
If 2-3 days no up,must throw.
18/9/24 12.20am

1 month ago

Suck counter, other counter turn positive already. If Us drop them how, this counter sure follow. Director wake up, give more confident to you share holder.

1 month ago

0.215 🤣🤣🤣, well done sik cheong, most success ipo share

1 month ago

Problem ahead when investor has lost trust.Lost support 22.5 n even touch 0.22 cts wth vol.It can be long way down

1 month ago

Bro cicakman, upset but what to do, own choose,if comingquertely report not good means that scam betul.

1 month ago

Sincerely speaking,if u read their business , it's like grocery store only.How they managed to be listed not known but selling own share after listing are not a good example for a start cz it's the only one of few new listed counter traded below IPO# my case study.
What I know,so far nothing so great or future buiness prosperous

1 month ago

This is not a buy call but alternative to change wth better cheap counter such as JKG Land as FYR set are good.U can get extra vol n slight movements can be a recovery for u.
Just my view TAYOR.

1 month ago

Bro you mean cut loss at sik cheong, my buying price 0.42. Loss a lot if cut loss, i just leave it, not gonna dollar Cost this suck counter. Wait until bankcrupt this company.

1 month ago

Halo sik cheong, pls wake up.

1 month ago

I share u my view.
There r few counters before IPO and on listing FYR looks ok.Then after listing investors help to do their business,the FYR turn bad.Just be alert on the next FYR.

1 month ago

Every day must come here to call sik cheong, wake up lol.

1 month ago

Break 21.5 n touch 21 cts if down to 20-20.5 cts u will wet sweating.I observe NO buyer's to support.
Good Luck.

1 month ago