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Overview
Financial Highlight
HeadlinesBusiness Background Supercomnet Technologies Bhd is principally involved in the manufacturing of Polyvinyl chloride (PVC) compound and cables and wires for electronic devices and data control switches. The firm’s product portfolio comprises automobile plug-in cables, copper and jumper wires, cords and cord sets, LAN cable assemblies, and a full range of computer data cables. The company’s operations are located in Malaysia.
  Gemstar glove and healthcare counter rally till next year ... hold tight hopefully will be another Superman 23/05/2020 6:48 AM  angmodan any sifu here know what is the percentage contribution of their medical segment to their total revenue? 25/05/2020 12:31 AM gohku The coming q1 result should be very good with good demand from its products. Scomnet will show good growth of revenue and profitability. This company valuation is undemanding, there is a 1.5 sen dividend, thus giving it a dividend yiels of 2% p,a which is about same rate with bank time deposits but this company give you good potential growth upside. I say is a buy. 25/05/2020 10:55 AM Dontbullshit Increase in medical segment sales would be offset by the drop in sales of automation segment. Thus, can’t expect a significant growth in the revenue.. 25/05/2020 7:18 PM CT Dont talk bad other counters la gemfinderif you dont have. It may affect all sectors like scomnet if paricular counter drop lot. Every one come to klse to earn not talk bad about others shares 25/05/2020 11:45 PM CT Market is very sensitive. We dont know what will happen to our shares if got one counter down too much. May be will spread like diseases. I just hope every one earn money 25/05/2020 11:50 PM angmodan I think one of the reasons this stock is a laggard is that it doesn't listed under the 'Healthcare' sector. 25/05/2020 11:51 PM limyauc angmodan If we refer to theedge, in 2020 65% rev from medical & 35% from automotive. But if u look back BEFORE MAR 2018's Q results (that time scomnet own only 20% of medical com) rev & profit are so low. Main profit are from medical. Automotive look like only breakeven but this will pull down overall profit margin to make it not too high. if not scomnet's customers will ask for cost down. 26/05/2020 9:30 AM Gemstar Scomnet recorded a 55% year-on-year jump in net profit to RM18.82 million for the financial year ended Dec 31, 2019 (FY2019), mostly driven by SMP, which is deemed the jewel in the group’s crown. Revenue grew 39% y-o-y to RM122.97 million. It will report its March quarter results for financial year 2020 in June. 27/05/2020 6:11 PM SpotOn1 CT, you're right about this gemfinder, he display a very bad behaviour in glove forum everyday after he sold out earlier and missed the uptrend, similarly in other forums as well earlier, this is bad karma and should stop. 28/05/2020 12:15 AM Gemstar Lindalinda report card haven’t come out ... but already know their result as u can see up 55% 28/05/2020 9:32 AM terrychlim Fundamentally, technically and sentimentally it will break the RM1.00 barrier. 28/05/2020 1:07 PM Danson Ang https://www.klsescreener.com/v2/news/view/681757/supercomnet-technologies-wired-to-medical-device-market-growth WHILE the Covid-19 pandemic is forcing many companies to adapt their revenue models to new conditions, with some diversifying their businesses to include producing outbreak-related products or distributing Covid-19 test kits, it has put Supercomnet Technologies Bhd’s (Scomnet) business in a good position. The group is involved in the medical industry — which has been left largely unscathed by the pandemic — making wires and cables for medical devices, electrical appliances, consumer electronics and automotive components. Thus, while several of its segments such as electrical appliances, consumer electronics and automotive components are experiencing lower sales volumes due to the temporary halt in the economy, this has been more than offset by high volume growth in the medical device segment. Scomnet managing director James Shiue Jong-Zone says it has been business as usual for the ACE Market-listed group, which was allowed to operate during the Movement Control Order. “Demand for medical cables has always been strong, but recent orders from our clients indicate that demand is picking up even further,” the 73-year-old Taiwanese tells The Edge in an email interview. He attributes this to the pandemic, as well as other lifestyle diseases. “Lifestyle diseases are on the rise, especially in the West, and there is no seasonality in our products. Health is a constant need and priority.” Its wholly-owned subsidiary Supercomal Medical Products Sdn Bhd (SMP), which manufactures cables used to connect various medical devices, has seen order volume double since the outbreak began. “The main products that we are currently developing include disposable medical consumables for Class 1, Class 2 and ICU (intensive care unit) usage,” says Shiue. 28/05/2020 5:54 PM Danson Ang Scomnet prospect is bright like a sun~ tmr sure break 1.00 and fly!! Tp 1.50 28/05/2020 5:56 PM LiimInvest Scomnet is fundamental and cash rich. Frankly, it is a very good counter than other glove counters which is goreng recently. 28/05/2020 7:08 PM donald770 I agree with you, LiimInvest. Being in the high tech category n in high demand. Gloves are in the range of 60 to 90 P. E. n assuming a P. E. of 40 for Scomnet for the year 2020 n profit of 25m (according to Rakuten analyst) Scomnet is worth EPS of 3.9 multiply 40 =1560. 28/05/2020 9:42 PM SpotOn1 Scomnet is a good company for the next 5-10 years obviously and i wouldn't sell unnecessarily. I expect it to break 1.00 and further at 1.20 in the medium term. For Scomnet price to move to the higher level, a rerating is needed and going into Main Board would do the trick. 28/05/2020 11:52 PM SpotOn1 Based on their pass earnings, Scomnet definitely qualify into the main board. Its a matter of time n i believe its in their plan. 28/05/2020 11:53 PM BobLimm Scomnet in Simplywall rating https://simplywall.st/stocks/my/capital-goods/klse-scomnet/supercomnet-technologies-berhad-shares/news/is-supercomnet-technologies-berhads-klsescomnet-latest-stock-performance-a-reflection-of-its-financial-health/ 29/05/2020 9:29 AM newbie8080 Minimum net profit pa for main board listing is RM20mil. Probably will be next financial year. 29/05/2020 9:33 AM terrychlim In my humble opinion, once it hits a higher high there won't be any resistance. 29/05/2020 1:02 PM terrychlim If price breached the RM1.08 level convincingly then it is difficult to predict the next high. 29/05/2020 1:13 PM  | |
