Comments on SCIB

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gap is filled @0.165, will rebound

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Yit Lim Phin

shares capital reduction is bad propose !!!!!

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The Proposed Share Capital Reduction will allow the Company and the Group to rationalize their financial position by reducing their accumulated losses via cancellation of its issued share capital which is substantially unrepresented by available assets, to reflect more accurately the value of the underlying assets and financial position of the Company and the Group.

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MDC

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parahhhhhhhu

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Tet Wah Law

I rugi rm2730 sakit

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Tet Wah Law

right issue ggg

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Yit Lim Phin

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the right thing to do now is sell n leave !!!

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Ming

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Rights issue comin

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jun jie

no wonder drop recently

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Immediate support at 0.200, lets hope don’t break

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Gt rebound after break the support, still gt chance, but need stand above 0.200

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Kenny Law

Please u all keep buy now consider under value

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MDC

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hahaha ape cerita la Scib ni sebenanrya

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Powerup

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Sarawak Consolidated Industries Bhd’s (SCIB) wholly owned subsidiary, SCIB Holdings Sdn Bhd, has entered into a conditional share sale and purchase agreement (SSPA) with YTL Cement (Sarawak) Sdn Bhd, an indirect subsidiary of YTL Corp Bhd, for the proposed disposal of its entire 100% equity interest in SCIB Concrete Manufacturing Sdn Bhd (SCM) for RM113mil cash.

https://www.klsescreener.com/v2/news/view/1622415/scib-sells-concrete-subsidiary-to-ytl-cement-for-rm113mil

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jun jie

The cash value is going to bring the financial ratio to a much healthier position

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Powerup

yep definitely

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MDC

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nak ke bawah ke scib ni?

3 weeks · translate ·

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M KFooD

Ennnnmm Investing in SCIB is more akin to a calculated bet on a corporate recovery story than a traditional investment in a stable, profitable business. Allocate only capital you are fully prepared to lose.