SOUTHERN CABLE GROUP BERHAD

KLSE (MYR): SCGBHD (0225)

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Last Price

0.62

Today's Change

-0.005 (0.80%)

Day's Change

0.61 - 0.635

Trading Volume

4,841,200


3 people like this.

1,131 comment(s). Last comment by Nice149 5 hours ago

Posted by SmallSexyPig > 2 months ago | Report Abuse

think a lot of people have held this stock since it was 0.5+ and probably just cutting loss at a reasonable level

Posted by SmallSexyPig > 2 months ago | Report Abuse

Wow. Exceeded my wildest predictions and expectations.

xiaoeh

2,257 posts

Posted by xiaoeh > 2 months ago | Report Abuse

Qrt result out
good result
good move

Posted by TiffanixLVxHermes > 2 months ago | Report Abuse

highest QR since IPO
expect higher revenue from high capex in utilities sector
enter @ 0.49
TP: 0.55
😎

xiaoeh

2,257 posts

Posted by xiaoeh > 2 months ago | Report Abuse

buy on news
sell on facts

Posted by SmallSexyPig > 2 months ago | Report Abuse

always amen

Posted by TiffanixLVxHermes > 2 months ago | Report Abuse

go go go!

Posted by TiffanixLVxHermes > 2 months ago | Report Abuse

be patience
oldman stock need more times to warm up the engine before it goes further 😎

Kaizenzon

363 posts

Posted by Kaizenzon > 2 months ago | Report Abuse

Let's see today...

Posted by TiffanixLVxHermes > 2 months ago | Report Abuse

promising movement today
top up some today
TP:0.55

Posted by multi-bagger > 2 months ago | Report Abuse

I think its good that the management focus on the business aspects of the co, instead of focusing too much on the share price

xiaoeh

2,257 posts

Posted by xiaoeh > 2 months ago | Report Abuse

just notice the chart is forming a big U
now waiting for the handle

just guessing
maybe wrong instead...

Hair123

5 posts

Posted by Hair123 > 2 months ago | Report Abuse

Share price shows what the market thinks about the management.

Posted by multi-bagger > 2 months ago | Report Abuse

then by the looks of it, the market thinks quite highly of the management!

Hair123

5 posts

Posted by Hair123 > 2 months ago | Report Abuse

Operationally, the management has been absolutely brilliant. Their track record is second to none. On every valuation metrics, its market cap should have been way ahead of its peer, not behind it.

Kaizenzon

363 posts

Posted by Kaizenzon > 1 month ago | Report Abuse

The peer is falling like crazy because overbought recently. Slow and steady win the race

Kaizenzon

363 posts

Posted by Kaizenzon > 1 month ago | Report Abuse

I think they know, just want to suppress it for cheaper ticket

Posted by wine1234 > 1 month ago | Report Abuse

The company should get rid of their entire IR people. Obviously no engagement with fund managers and analysts. Buta gaji.

Posted by TiffanixLVxHermes > 1 month ago | Report Abuse

be patience
😎
obviously fun managers are busy with other counters such as MTEC
good fundamental companies
wait for it TURN 😁

Posted by multi-bagger > 1 month ago | Report Abuse

ya'll should go read some warren buffett, especially his quote about share market being a voting machine in the short term and weighing machine in the long term

investor13

106 posts

Posted by investor13 > 1 month ago | Report Abuse

new project datacenter and new solar project should need to using lot of cable for infrastructure, why no boss goreng.

xiaoeh

2,257 posts

Posted by xiaoeh > 1 month ago | Report Abuse

cup and handle in the making...

Posted by investor2021trading > 1 month ago | Report Abuse

bullish next week!

Posted by SmallSexyPig > 1 month ago | Report Abuse

news coming?

Posted by investor2021trading > 1 month ago | Report Abuse

Making further inroad into overseas market. SCGBHD will focus on growing its export sales by tapping into oversea markets such as Myanmar, Cambodia, Vietnam and US. In particular, the Myanmar market is set to grow over the next 10 years, supported by the Myanmar National Electrification Project. Separately, SCGBHD is in the midst of penetrating US market via its in-house developed XHHW-2 industrial cables, which command a better margin. We gather that SCGBHD will deliver the trial orders to US-based customer in the coming months and is optimistic to secure the distributorship agreement afterward.

Posted by TiffanixLVxHermes > 1 month ago | Report Abuse

top up a few
no news mean good news
continue uptrend
slow and steady

xiaoeh

2,257 posts

Posted by xiaoeh > 1 month ago | Report Abuse

sold mine
will definitely buy back later

Posted by TiffanixLVxHermes > 1 month ago | Report Abuse

the coming challenges will be how the management to control the increasing of cable cost
experts have forecasted that material cost will be rising throughout 2024

i have no doubt with the revenue as the demand is rigid
can the profit sustainable?

yet set TP for this counter
😅

Posted by TiffanixLVxHermes > 1 month ago | Report Abuse

0.585 profit taking TP😎

xiaoeh

2,257 posts

Posted by xiaoeh > 1 month ago | Report Abuse

wah...
sell too early
congrats to all still holding it!!

john2633

20 posts

Posted by john2633 > 1 month ago | Report Abuse

Aminvest research give target RM0.60 to RM0.65 refer to stock on radar above on 2 April

Posted by multi-bagger > 1 month ago | Report Abuse

fundamentally this counter is a gem, should hold on tight

Posted by wine1234 > 1 month ago | Report Abuse

Sell high, buy back higher. Better just sit tight and use Mtec valuation as a guide.

Posted by TiffanixLVxHermes > 1 month ago | Report Abuse

my own valuation is 0.585 max before next QTR
due to its low dividend yield
i do not keen to hold long

Posted by multi-bagger > 1 month ago | Report Abuse

I think more important is that the earnings growth is still strong, which also translates into increasing dividends. This year's dividend more than doubled last years, so you can do your own calculation as to how much the dividend will be in a few years time

Posted by investor2021trading > 1 month ago | Report Abuse

RHB Investment Bank Research said with an unyielding need for power and cables, SCGBHD has emerged as a thriving player in this evergreen market, poised for continuous expansion. It said Malaysia's ambitious goal of achieving net zero emissions by 2050 — including higher uptake of renewable energy (RE) sources and the enhancing of the country’s grid — is expected to be a catalyst for the group’s earnings growth. SCG’s orderbook from TNB alone worth more than RM1 billion, provides earnings visibility for the next three years.

Kaizenzon

363 posts

Posted by Kaizenzon > 1 month ago | Report Abuse

engine baru panas

ktrader

1,845 posts

Posted by ktrader > 1 month ago | Report Abuse

Anak nampak cergas...raring to fly bila2 masa shaja

omega008

47 posts

Posted by omega008 > 1 month ago | Report Abuse

Curious to know which is the better play : southern cable or MTEC if anyone has inputs

xiejh2

3 posts

Posted by xiejh2 > 1 month ago | Report Abuse

registered supplier to SESB

Kaizenzon

363 posts

Posted by Kaizenzon > 1 month ago | Report Abuse

MTEC flew already, give chance to SCGbhd

Posted by investor2021trading > 3 weeks ago | Report Abuse

buying opportunity!

Posted by TiffanixLVxHermes > 3 weeks ago | Report Abuse

cleared & took profit @ 0.56
conserve cash for the coming better bargains

Posted by investor2021trading > 3 weeks ago | Report Abuse

KOTA KINABALU, April 17 — Private businesses in Sabah’s industrial parks will be able to set up their own power generation facilities, said Sabah Chief Minister Datuk Seri Hajiji Noor. The Cabinet has agreed to give special permission to investors operating in industrial parks in the state to set up power generation facilities. The Cabinet has also decided to allow shophouses, buildings and residential premises to install solar power systems without seeking approval from Sabah Electricity Sdn Bhd (SESB).

Posted by wine1234 > 3 weeks ago | Report Abuse

A company with a billion rm sales, yet no analyst coverage. Just technical charts. The IR people are sleeping.

T1T4N

264 posts

Posted by T1T4N > 3 days ago | Report Abuse

Moving 1st leg for massive up

sriweld

1 posts

Posted by sriweld > 2 days ago | Report Abuse

Can anyone explain why the warrants are at a discount?

Peace99

2,237 posts

Posted by Peace99 > 1 day ago | Report Abuse

Have been saying scgbhd's cables are in demand....am waiting for it to go higher

Nice149

64 posts

Posted by Nice149 > 5 hours ago | Report Abuse

1, revenue to US was 14 million in year 2023 and going to expand further this year
2. Obtained more than 100 million of cables orders. Demand will continue to grow with the setup of many data centre in Malaysia.
3. Registered vendor to TM, Tenaga, Sabah and Sarawak Electricity and Petronas
4. Achieved 1 billion revenue last year
5. Increase in production capacity by 21% from 33,'780km to 40,780km
6. Two new buildings under construction
7. Certified supplier of aluminium buildings cables and wire to the US.

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