Mervyn

Mervyn | Joined since 2012-08-14

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2020-07-27 11:06 | Report Abuse

SCGM’s share price has been on an upward trajectory partly on account of brisk orders for its face mask products. Its plastic packaging facilitate are also currently running at higher capacity utilization levels as demand for packed and baked food surges amid the heightening Covid-19 cases globally. We revise our FY21-23 earnings estimates higher by about 14% as we raise our margin assumptions given average selling price (ASP) hikes across ~40% of its F&B packaging products. We also peg a higher PER of 25x to FY22 EPS, raising our TP from RM2.55 to RM3.33. Our Outperform call is maintained.

(from PIVB report today)

Stock

2020-03-27 18:27 | Report Abuse

A disgrace to those sour grape who always take advantage to bad mouth this company without having a thorough studies. When the share price rally, all remained quiet. The power plant has been running since beginning of the year. The risk is relatively low with clear and steady earnings visibility.

News & Blogs

2019-03-29 14:54 | Report Abuse

Dear Mr. Misai. Pls refer to the PIVB research report again. I think they have been recommending SCGM with 'NEUTRAL' call for almost a year. Yet, u put the blame on the analyst without reading the recommendation properly. There is not a single word of "BUY" call for those reports over the last 1 year. U are trying to cause a stir in the public. It is very irresponsible and impolite manner to simple tick off ppl in such a way without doing proper studies.

Stock

2017-06-03 22:53 | Report Abuse

can u share the maybank investment report?