allan cheah's comment on SCIB. All Comments

allan cheah
2 Like · Reply
What does proposed capital reduction affect shareholders?
yutaka tong
com company they issue a lot of shares through pp . then now reduce back to look nice
1 Like · 3 years · translate
Megat Muazam
yup..eps gonna look nicer...
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allan cheah
After PP again, EPS diluted again haha
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Megat Muazam
karim very good playing with fa numbers...
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REALITY
Just back to 0.5 again....
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Loh Lin
This counter all depends on its big brother
I already loss 50%
Hold to see long term ....only make decision after the investigation result is out
1 Like · 3 years · translate
ammar taufiq
at least they have capability to reduce the NOS..they might do some magic accounting but who dont?? most company do whether big or too obvious or too stupid.
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Sharifah Salina
After 7 years wt kpmg, they only raised the red flag now. No audit firm would assign same team year in year out, fishy for it to happen only a few months before election. Fishy
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Megat Muazam
@loh lin..i guess u and me in the same boat then..i too lost 50% already..hahaha..i bought coz they had target to double their market cap this year(2bil).seem unlikely now.but we will see how on 1 jan 2022...
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Tempura Fish
I want to see what is the conclusion...hahaha...
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Jesse Livermore
I think Calvin Tan has his points stand out this round.
Stay away from Karim related stock. There are more than 1000 companies in Malaysia . I see Transmile 2.0
One wrong stock will wipe out all your fortune.
1 Like · 3 years · translate
ダクネスChiahau
Same here, almost loss 50%
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Megat Muazam
strong fa company doing pp, hint that something is not right with cashflow..
1 Like · 3 years · translate
Martin Lee
Megatron. Cash flow have problem is true that’s why the do PP haha
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allan cheah
Hopefully Scib got no issue like serbadk. As I know that, Scib has the same auditor which is KPMG. Meanwhile, Scib also chged financial year end.
Like · 3 years · translate
Sure Win
got PP also no good? or you guys want company call for right issue?

look at company business need more cash especially they are dealing with massive civil and construction project.. any project PO also 100m and above.. with the such scale of company and only 490m shares..
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1 Like · 3 years · translate
Sure Win
have seen lots of people trying to link this company and Serba. because of karim. but those people cant even prove anything..

basically 3 company under karim are having different team of management and BOD. even director for kpower and scib also mentioned that they are independent from Serba..

also, serba have lots of overseas office while scib only have it at local. all the time their project mainly
focusing at sarawak.
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Apih
run run run!!!!
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Megat Muazam
sure win, i raised this because you see they make profit every qtr.in serba case, this is like 2nd time after 2years..pp too often..
Like · 3 years · translate
Sure Win
agreed.. but when you compare previous and current situation of the company.. put aside Serba contrsct, basically they are getting more contract and they need money to run the project.. most of the project value also exceed 100m..

as long as the company share able to maintain below 1000m shares, personally feel that still have big room to grow your profit.

as long as didn't call for right issue, Sudah.. I am happy with it..
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