SOUTHERN CABLE GROUP BERHAD

KLSE (MYR): SCGBHD (0225)

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Last Price

0.80

Today's Change

+0.055 (7.38%)

Day's Change

0.75 - 0.815

Trading Volume

17,695,100


4 people like this.

1,182 comment(s). Last comment by investor2021trading 13 hours ago

Posted by multi-bagger > 2 months 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

108 posts

Posted by investor13 > 2 months ago | Report Abuse

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

xiaoeh

2,415 posts

Posted by xiaoeh > 2 months ago | Report Abuse

cup and handle in the making...

Posted by investor2021trading > 2 months ago | Report Abuse

bullish next week!

Posted by SmallSexyPig > 2 months ago | Report Abuse

news coming?

Posted by investor2021trading > 2 months 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 > 2 months ago | Report Abuse

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

xiaoeh

2,415 posts

Posted by xiaoeh > 2 months ago | Report Abuse

sold mine
will definitely buy back later

Posted by TiffanixLVxHermes > 2 months 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 > 2 months ago | Report Abuse

0.585 profit taking TP😎

xiaoeh

2,415 posts

Posted by xiaoeh > 2 months ago | Report Abuse

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

john2633

24 posts

Posted by john2633 > 2 months 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 > 2 months 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

369 posts

Posted by Kaizenzon > 1 month ago | Report Abuse

engine baru panas

ktrader

1,855 posts

Posted by ktrader > 1 month ago | Report Abuse

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

omega008

48 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

369 posts

Posted by Kaizenzon > 1 month ago | Report Abuse

MTEC flew already, give chance to SCGbhd

Posted by investor2021trading > 1 month ago | Report Abuse

buying opportunity!

Posted by TiffanixLVxHermes > 1 month ago | Report Abuse

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

Posted by investor2021trading > 1 month 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).

T1T4N

265 posts

Posted by T1T4N > 3 weeks ago | Report Abuse

Moving 1st leg for massive up

Peace99

2,247 posts

Posted by Peace99 > 3 weeks ago | Report Abuse

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

Nice149

72 posts

Posted by Nice149 > 3 weeks 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.

Posted by investor2021trading > 3 weeks ago | Report Abuse

great business, strong fundamental💪 next week🚀

Posted by wine1234 > 3 weeks ago | Report Abuse

Soon to be like MTec. A billion RM company.

Nice149

72 posts

Posted by Nice149 > 3 weeks ago | Report Abuse

MTec is too small as compared to the revenue of SCGB

Hopeful

48 posts

Posted by Hopeful > 3 weeks ago | Report Abuse


Followers of SCGB may be interested in this :

https://www.tnb.com.my/assets/newsclip/04052024e.pdf

Posted by multi-bagger > 3 weeks ago | Report Abuse

thanks for sharing this @hopeful

Nice149

72 posts

Posted by Nice149 > 3 weeks ago | Report Abuse

Scgb-wa closed at discounted price to Mother share by 0.025

ov123

4 posts

Posted by ov123 > 3 weeks ago | Report Abuse

Mtec market value is RM1.2b. SCGB RM500m. Grossly undervalued.

Hair123

6 posts

Posted by Hair123 > 3 weeks ago | Report Abuse

SCGB is one of 3 approved high voltage cable supplier to TNB. Mtec is not part of this oligopoly. SCGB quarterly sales already more than Mtec sales for the entire year.

investor13

108 posts

Posted by investor13 > 3 weeks ago | Report Abuse

SCGB will follow Mtec

Posted by wine1234 > 2 weeks ago | Report Abuse

Mtec market value rm1.4b
Scgb rm500m, sales 4x Mtec
The valuations are reversed. LOL

satt1984

112 posts

Posted by satt1984 > 2 weeks ago | Report Abuse

scgb is super undervalue as per now condition. Starting this year there will be a lot of new projects to upgrade due to more data centre and more factories coming. lets see if it will reach more than Rm1 soon

Peace99

2,247 posts

Posted by Peace99 > 2 weeks ago | Report Abuse

Yup, the right choice, SCGB you have not disappointed me!

Posted by SmallSexyPig > 1 week ago | Report Abuse

I have held this stock so long, even have some lots bought at 0.295sen. Reaping the benefits of long term patient fundamental investing now :-)

ov123

4 posts

Posted by ov123 > 1 week ago | Report Abuse

Q1 results net RM14.1m, record high and growing. At this rate, price will double within 12 months with market value RM1 billion

Nice149

72 posts

Posted by Nice149 > 1 week ago | Report Abuse

Cantik !

Posted by Sweetchocalates > 1 week ago | Report Abuse

c*cksh*t insiders buying at 4.40pm onwards until closing. Bursa should investigate

teknikal

178 posts

Posted by teknikal > 6 days ago | Report Abuse

Uptrend chart pattern intact with price above SMA20, SMA 50 and SMA200. SMA is Simple Moving Average.

Posted by SmallSexyPig > 6 days ago | Report Abuse

closing today 0.7 or higher

Hair123

6 posts

Posted by Hair123 > 6 days ago | Report Abuse

A high growth stock in an oligopolistic industry and with a virtually untapped export market, trading at below 10X PER. This stock is going to fly.

troy88

2,690 posts

Posted by troy88 > 6 days ago | Report Abuse

Great QR once again by this underrated stock. Could be a gem in the making..

Posted by goldmanbull > 6 days ago | Report Abuse

Hair 123, spot on

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