PublicInvest Research

Technical Buy - Scope (0028)

PublicInvest
Publish date: Mon, 24 May 2021, 11:39 AM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

 

Description

The core businesses of SCOPE are trading and manufacturing of electronic
components and products as well as oil palm plantation business.

Fundamentals

Going forward, SCOPE foresees an anticipated increase in demand for consumer
electronic devices amid the global pandemic. The construction of its new
manufacturing plant should increase its production floor area. In addition, the
acquisition of additional machines should increase its manufacturing capacity. In
view of these developments, the group expects to achieve satisfactory financial
results for the FY2021.

Source: PublicInvest Research - 24 May 2021

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