Highlights
KLSE: SCIB (9237)       SARAWAK CONSOLIDATED INDUSTRIES BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.70   +0.05 (3.03%)  1.62 - 1.73  12,930,700
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Overview

Market Cap: 834 Million
NOSH: 491 Million
Avg Volume (4 weeks):8,972,788
4 Weeks Range:1.18 - 6.26
4 Weeks Price Volatility (%):
10.24%
52 Weeks Range:0.90 - 6.26
52 Weeks Price Volatility (%):
14.93%
Average Price Target: 3.90
Price Target Upside/Downside: +2.20

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2020 [#3]  |  26-Nov-2020
Next QR | Est. Ann. Date: 31-Dec-2020  |  27-Feb-2021
T4Q P/E | EY: 36.96  |  2.71%
T4Q DY | Payout %: 0.62%  |  22.97%
T4Q NAPS | P/NAPS: 0.2313  |  7.35
T4Q NP Margin | ROE: 6.28%  |  19.89%

Headlines

Date Subject
17-Jan-2021 SCIB Updates: Free Warrants On The Way - Bursa Dummy
29-Dec-2020 Trading Stocks - Sarawak Consolidated Industries
08-Dec-2020 Trading Stocks - Sarawak Consolidated Industries
04-Dec-2020 PublicInvest Research Headlines - 4 Dec 2020
04-Dec-2020 Mplus Market Pulse - 4 Dec 2020
28-Nov-2020 下跌股:砂综合工业 RM4.13支撑
25-Nov-2020 Stocks on Radar - Sarawak Consolidated Industries (9237)
22-Oct-2020 Trading Stocks - Sarawak Consolidated industries
04-Sep-2020 Stocks on Radar - Sarawak Consolidated Industries (9237)
04-Sep-2020 热门股:砂综合工业 上挑RM3.87
02-Sep-2020 Why I invested in Serba Dinamik, Kpowers and SCIB
31-Aug-2020 SCIB: Bonus Towards Billion Market Cap - Bursa Dummy
26-Aug-2020 SCIB: SERBADK 2.0? - Bursa Dummy
25-Aug-2020 Sarawak Consolidated Industries Berhad 成功获得了三份价值RM707 Million 的合同
19-Aug-2020 Sarawak Consolidated Industries Berhad secured three contracts worth RM707 million
19-Aug-2020 Mplus Market Pulse - 19 Aug 2020
18-Aug-2020 砂综合工业挑战RM2.84/敏源
12-Aug-2020 Sarawak Consolidated Industries- Uncovering the “jewel” by the new management
07-Aug-2020 Stocks on Radar - Sarawak Consolidated Industries (9237)
20-Jul-2020 Sarawak Consolidated - Early Stages of Growth

Business Background

Sarawak Consolidated Industries Bhd manufactures and sells precast concrete, pipes, prestressed spun concrete piles and other related concrete products. It is also engaged in property dealing and trading, and installation of industrialized building system. The company’s business segments are manufacturing, property trading, and construction segment.
Analyze this stock with MQ Trader system

  3 people like this.
 
HamsterHuat i believe in @ anthonytkh hunch...

SCIB aka Karim still have 9 trading days to do Magic and surely will do Magic.
16/01/2021 3:54 PM
charlie chia Looking forward for 2.00 before 2/2
16/01/2021 4:03 PM
anthonytkh Willy47, no one can forecast any company’s share price or its warrant price

Just for comparison : A rights issue. If you already own shares, you have a right to buy the rights share (usually offered at a discounted price to the current share price). Or you can choose not to buy the rights issue. However you will receive the *rights* to buy the new issued shares *and* you can choose to sell the “rights” before it expires. Rights issue is free money
16/01/2021 4:10 PM
Willy47 OK thanks anthonytkh for clarification
16/01/2021 4:25 PM
anthonytkh There must be a reason the share price was pretty much stagnant whole of yesterday until after 4pm when it climbed significantly. And then came the announcement after market closed. That’s why I have my hunch (either SCIB/Karim or insiders made the late move yesterday)
16/01/2021 4:26 PM
yleng83 i think after warrant issued, mother share price will hav some adjustment...
slight adjustment
16/01/2021 4:59 PM
Sky Liew The warrant is free de pls see bursa ann notice
Actually if can hold tie few year get reward la
Dividend policy 30%
16/01/2021 5:24 PM
AtomicHabits Yleng83, there will no adjustment to shares price when no additional shares issue, and since conversion price is higher than shares price ( as at last trading) no one will going to do conversion.
Only on the way where warrant have - ve premium, or Scib give very good DY then only worthwhile to convert.
Actually the adjustment come only supply & demand of shares ( on perception of diluted EPS).
16/01/2021 5:34 PM
yleng83 AtomicHabits, Ok, I'm not very good at warrant. My friend told me price will be adjusted after warrant issued but still can be profitable if the warrant price exceeds the warrant listing price :) anyway thank you for your clarification.
16/01/2021 6:05 PM
Kon Lim Chai Assuming u buy 2 lots scib cum warrant at 2.00. 1 day later, u can also buy ex warrant at 2.00. When will u buy?
16/01/2021 6:44 PM
Ally Yee Min Ong Free warrant issue at no cost.
It's FREE!
It's FREE!
It's FREE! and

No price adjustment!
16/01/2021 6:47 PM
Kon Lim Chai I am indifferent between the day with warrant entitlement and the day ex warrant entitlement if warrant is worthless. Otherwise i sure will chose the buying day with warrant entitlement.
16/01/2021 6:49 PM
Kon Lim Chai When mkt price of ord.share is 2.00, it is 23 sen higher than exercise price, fundamental value of warrant is 23 sen. There is also a time premium attached to the 3 yr expiry date to be added on.
16/01/2021 7:01 PM
anthonytkh I’m wondering how SCIB and their bankers reached a decision for 3 years expiry. This has always been something I have never had time to research when it comes to warrants
16/01/2021 7:33 PM
cytew There will be a price adjustment if the mother share price closes above exercise price of 1.77 prior ex date ....If mother share closes at 1.85 before ex date , the reference price on the ex date is would be adjusted to (1.85 x 2 +1.77)/3=1.82
16/01/2021 8:20 PM
cytew Immediately after the ex date , mother share price will be trading below reference price as market forces are trying to balance off the premium of the warrant.. or so called its time value ..
16/01/2021 8:28 PM
HamsterHuat Oh..@cytew

Never knew about that....
learning new every day..

Thanks you again for details explanation insight on the reason to do adjustment again.

then my humble apology to @charlie chia for point out earlier about price adjustment.
i did ask him but he never really did reply to my question.

But thanks to you for stepping up and explain in details...
16/01/2021 8:38 PM
InsiderShark @cytew

That is what I think so too, the market will 'adjust' itself. If warrant is 1.77 and mother share is above that, it doesn't make any sense to buy mother share, better sell mother and buy warrant. Furthermore, I think a PP is in the card, karim style. So, probably share price already peaked at 1.77 or somewhere there.... unless going forward SCIB can make crazy profits, then mother will fly.
16/01/2021 9:00 PM
wishyouallthebest May I know what is pp? What will pp affect? Thanks
16/01/2021 9:13 PM
anthonytkh cytew and InsiderShark, I understand your calculations and how things can theoretically work. We’ll see how Karim work his trading
16/01/2021 9:18 PM
anthonytkh wishyouallthebest, PP = Private Placement

PP basically means issuance of new shares by a company that have already determined by( or reached an agreement with) funds and/or investors that have been approached by the issuer

Retailers have no say, it’s not for the open market
16/01/2021 9:24 PM
anthonytkh In general PP is generally regarded as a negative signal ie. company did it to raise fund since they don’t have the cash nor investment bankers to back them. IOW such company haven’t done all that great

When have, say, MBB or even Top Glove last proposed a PP?
16/01/2021 9:28 PM
wishyouallthebest @anthonytkh thanks for your explanation .

Does it mean if scib issues a private placement, existing shareholders often sustain at least a short-term loss from the resulting dilution of their shares?
16/01/2021 9:34 PM
kytan How can warrant is 1.77? 1.77 is exercise price. If mother is RM 2, WARRANT is 0.23 at Zero premium. If market see SCIB can above RM 3 in 3 years time, than people will give positive premiun such as 10% to 30%. If people think in 3 year time SCIB will not more than 1.77, than will below 0.23. Pls see Jaks and ock warramt premium as a reference
16/01/2021 9:38 PM
InsiderShark @anthonytkh

it depends, when was the last time SCIB issue PP? April 2020.

https://www.theedgemarkets.com/article/scib-plans-private-placement-raise-rm665m-fund-future-projects

What happened to their stock price and orderbook and profit? Up or down? It depends on how they use the money. If use just to clear debt or interest or avoid bankruptcy, then it is bad, but if issue PP so that can fullfill more projects, then it is good.
16/01/2021 10:08 PM
AtomicHabits Hi Cytew, So it mean when warrant exercise price > mother shares on ex bonus date, no adjusted is make, but if exer price < mother shares after ex, adjustment will be make by Co as if warrant been convert to mother shares right?
16/01/2021 10:11 PM
anthonytkh Yeah InsiderShark. But much depends on investors’ sentiments

Look at MrDIY. IPO was to reduce a big amount of debt. Look at its share price now

Like I said, no one can predict or forecast a company’s share price. It all depends on “promise”

Look at Tesla :) Elon is in discussion (with someone I know, met, have had discussions with and had showed me a video) to build an offshore platform for SpaceX off the East coast of Peninsular (makes environment sense). Tesla not a big car producer but that’s the way it goes...
16/01/2021 10:16 PM
warrantKing SCIB Warrant 's exercise price = 1.77

This is SUPER DISCOUNT GIVEN BY MANAGEMENT.

Management purposely choose LOWEST share price to be included in VWAP.

All of us must really appreciate the VALUE of this warrant !!!

I am targeting 15% to 30% of premium to be given by this warrant .

If the share price can reach 1.77 by date of EX , this warrant range 20sens to 53sens.
16/01/2021 10:22 PM
InsiderShark @anthonytkh

Malaysia is probably one of the better countries to launch space rockets. Makes perfect sense. Malaysia should leverage this and invite all space rocket companies to come and set up spaceport here. For those that is clueless, Rockets can most easily reach satellite orbits if launched near the equator in an easterly direction, as this maximizes use of the Earth's rotational speed (465 m/s at the equator). Such launches also provide a desirable orientation for arriving at a geostationary orbit.
16/01/2021 10:23 PM
winston1 At current mother price adding 30% premium, the warrant should be priced above 40 sen. If mother reaches 2.00 before warrant listing, the warrant should be above 80 sen
16/01/2021 11:15 PM
anthonytkh InsiderShark, the local guy I met talks to Elon regularly. Elon’s plan is to make Malaysia regional hub for SpaceX launches. It’ll be sub-orbital. Around 35 mins flight fr Shanghai to NYC. Pax load initially targeted at 50-100 (still on-going as refinements are made)

Price per ticket? It’ll be somewhere around a normal business- to first-class ticket

Local guy looking for VCs
17/01/2021 7:23 AM
WeLoveSarawak What does Datuk Karim plan to do with SCIB? here is a tip:

Since founding Serba Dinamik, Dato’ Karim has survived the Asian Financial Crisis of 1997, the economic depression of 2008 and the worldwide depression of the oil market in 2014. Through these tumultuous events, while many companies have gone under, Serba Dinamik survived and grew stronger.

When asked what was the secret to the company’s success in its ability to weather the storm, Dato’ Karim sums it up with one word: sustainability. “In any business strategy that you formulate, you need to take sustainability into consideration. In the context of Serba Dinamik, our background is in maintenance, which is recession-proof. We may not get new projects, but the maintenance of existing equipment will always be there as they will still be needed for production. That helped to cushion us across all recessions.”

“To grow the company, you also need to look at other revenue-generating aspects to add them into the core competency and capabilities in the maintenance scope,” he adds. “Buying other companies is our strategy to tap into technology that we do not have.

By acquiring another company, we bring the technology into our company and synergise it with what we have. Thanks to this, we now have the capability of doing on-site maintenance, bringing the heavy equipment to the workshop for repair as well as manufacturing the parts for the various equipment.”
17/01/2021 8:41 AM
WeLoveSarawak and SCIB has full backing from Sarawak Government via Sarawak Economic Development Corporation's (SEDC) substantial shareholding, SCIB can definitely grow by leaps and bounds...
17/01/2021 8:43 AM
HamsterHuat @WeLoveSarawak

Thanks you for the SCIB summary today.
Do keep us here inform any "confirmed" news or source that we can look up for all SCIB investors here.

With News and website to go over, it will be a great help for all SCIB investor or to be to do their own due diligence as decision making.

SCIB will definitely rocket as Ongoing Warrant are given out as form of reward/bonus to investors.
17/01/2021 9:34 AM
charlie chia Welooksarawak
Thks for your info
17/01/2021 11:43 AM
Investseeker @WeLoveSarawak .

Hand off for the detailed analysis and assessment of SCIB’s prospects specially the ability of the management under the helm of Dato Karim to transform. This is the most focal quality for a company to achieve a sustainable growth despite stormy days. I am confident that SCIB’s value will continue to escalate.
17/01/2021 12:47 PM
cytew Yu and Me @ Kpower was ex-ed without any adjustment because its closing price before the ex date is lower than 10.0 , the warrant was out of money , because kpower warrant exercise price was fixed at 2.50
17/01/2021 1:29 PM
Kon Lim Chai @Cytew, when warrant is at the money, there is still a time premium.
17/01/2021 2:40 PM
Kon Lim Chai This case, a period of 5 yrs for mkt price to exceed exercise price. Dont u want to assign value to it?
17/01/2021 2:42 PM
Kon Lim Chai Sorry 3 years expiry date in Scib. 5 yrs for kpower warrant
17/01/2021 2:43 PM
WeLoveSarawak Great businesses starts off and continues its rise with Great leadership... This is Datuk Karim's management style which he has embedded into Kpower and also SCIB . please watch the video interview: https://youtu.be/ZyyOGeHTVRY?t=1271
17/01/2021 2:44 PM
Sky Liew If go back rm 6 we all huat huat
17/01/2021 3:07 PM
anthonytkh Dato Karim will be Tan Sri Karim sooner rather than later hahaha :)
17/01/2021 4:12 PM
HamsterHuat @Sky Liew......RM3 for now will be good enough.
Karim just need to announce NEW project once monthly to ignite interest of to-be investors/current investor.

So now at 1.70 will slowly go rm2...rm3...rm4...rm5 and Booom rm6 as per your request.
17/01/2021 5:07 PM
anthonytkh Guys and gals, just a last one today before I crash and headbang listening to AC/DC after a hard day’s work of doing home improvement stuff :) :)

1.73 is now the new resistance. The RSI has been flattish and looks to be tapering off based on Fri. It is almost certainly due to profit taking. Volume also declined on Fri

I think tmrw’s T/O will be around same as Fri’s close. Dunno what will happen rest of tmrw

Have a good nite’s rest and let’s see how tmrw and the week goes
17/01/2021 6:44 PM
HamsterHuat Yes....@anthonytkh
i also expect it to be sideway until the final day rally who REALLY KIASU on Warrant....

But then who know, crazy trading will push up to rm 1.80 before hitting rm 2.00

Anyway we still have 9 trading days to monitor and evaluate.

Happy home improvement..
17/01/2021 7:12 PM
AKUMAUKAYA I noticed the sharing here is very mature and the atmosphere is nice by looking the treads...full of insightful comments.

Syabas.!!!! Wishing you guys have a fruitful returns in next coming trading days.


Not like in the PNEPCB site....full of hatred and negative energies....!!!


P/s: not like newbie5-1 , keep shouting and only good in questioning etc and no inputs.... But that's really cool thing, because no one layan dia...!!! Hahahahahha!

Cheers....
17/01/2021 7:36 PM
warrantKing Hi AKUMAUKAYA ,

ANSON is our spiritual HERO in SCIB forum.

He has been targeting this stock to ACHEIVE RM2 after split since 3 month ago.

As the result , the stock went up from RM 3 to RM 6.8 (Pre-split)

I believe ANSON TARGET of RM2 will be achieving very soon.

#I LOVE ANSON
17/01/2021 10:02 PM
gemfinder Huat ahhh
17/01/2021 10:18 PM
lfccrew84 Expecting consolidation on this counter before it shoots up the for warrants :) no harm to collect some
17/01/2021 10:33 PM


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