I add on few times... this good stock ... ppl also do homework to bu ma... u think they blind meh or ear soft

Nexgram Industries enters distribution agreement for MDA approved Covid-19 medical supplies. [31 Mar 2020]
PRESS RELEASE

31 March 2020 – Nexgram Holdings Berhad wishes to announce that Nexgram Industries Sdn. Bhd., the wholly-owned subsidiary of the Company had entered into an Exclusive Master Distributorship Agreement with Tri-G Technologies Sdn. Bhd. (“Tri-G”) to carry out the business of procurement and distributing Tri-G’s medical supplies, including medical devices and Coronavirus test kits.

Malaysia Medical Device Authority (MDA) special access approved items include COVID-19 IgM/IgG rapid test kit which is used for qualitative detection of the IgM and IgG antibodies of COVID-19 in human serum/plasma or whole blood. Tests typically take two (2) to fifteen (15) minutes to complete. The distribution is dedicated to medical centres only and all test are advised to be conducted by a licensed phlebotomist, medical practitioner or professionals.

According to Tri-G, other medical devices such as quantitative RT-PCR (Reverse Transcription Polymerase Chain Reaction) or RT-qPCR (Quantitative Reverse Transcription PCR) machines, reagents and test kits, ICU ventilators, and PPE are some of the medical supplies facing global supply shortage.

The medical supplies distributed to public hospitals are dedicated to Nexgram Covid-19 AID Team, contributing back to Covid-19 pandemic relief.

MDA is the government agency entrusted to serve the Malaysia medical device’s industry. It is a federal statutory agency under the Ministry of Health Malaysia to implement and enforce the Medical Device Act 2012 (Act 737). The main objectives of the Act are to address public health and safety issues related to medical devices and to facilitate medical device trade and industry.

Tri-G is a MDA licensed medical supplies distributor with GDPMD certificate.

Just found next another lambo... cool

Okay lah let see this stock can go how far... cheers yam seng

Kalau lu ada beli cakap cakap naik 5 cent , tak beli cakap mati apalah

Penny stock tunggu volume goreng ma...

Tunggu goreng bukan tunggu Mati

T_nike u got buy ma...haha

Yah yah be careful everybody must do homework b4 buy... I buy when price 0.465 thanks scomnet still holding

U hari itu cakap@nelson_na lousy stock, pui, drop only drop, closed the business la , pusing pusing macam roti canai...

waiting signal to goreng...

This next can power like lambo

As you can see financial report all sui sui ,covid 19 help scomnet gain more profit... so next q no need to say...

0001 SCOMNET SUPERCOMNET TECHNOLOGIES BHD
Quarterly rpt on consolidated results for the financial period ended 31/12/2019
Quarter: 4th Quarter
Financial Year End: 31/12/2019
Report Status: Unaudited
Submitted By:
Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
31/12/2019 31/12/2018 31/12/2019 31/12/2018
RM '000 RM '000 RM '000 RM '000
1 Revenue 32,396 27,206 122,969 88,288
2 Profit/Loss Before Tax 4,919 3,127 23,613 16,092
3 Profit/(loss) attributable to ordinary equity holders of the parent 4,560 2,020 18,821 12,173
4 Net Profit/Loss For The Period 4,560 2,020 18,821 12,173
5 Basic Earnings/Loss Per Shares (sen) 0.71 0.31 2.93 1.89
6 Dividend Per Share (sen) 0.00 0.00 1.50 0.00
As At End of Current Quarter As At Preceding Financial Year End
7 Net Assets Per Share (RM) 0.3200 0.3000
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

27/02/2020 07:00 AM


Ref Code: 202002273100308

I don’t think the price is over heated this is fundamental company not goreng pisang stock

Sold thanks lambo...

0.010 hard to buy Liao... sell at 0.020 above.. let clear off 0.015

No problem drop back I can add on again

Post by rakuten today... buy buy buy

Supercomnet Technologies
BUY
Set for robust growth
We are optimistic on Supercomnet Technologies Bhd (“Scomnet”) as prospects on their earnings growth are encouraging from their medical cables used for Covid-19 related treatments has seen surge in orders from Europe and US. The company is likely to achieve record earnings for FY20 and FY21. We have a BUY with target price of RM0.98 premised on 25x PER FY20 which we applied a 20% discount to Bursa Malaysia healthcare PER 30x due to its smaller market cap.
Scomnet is principally involved in the manufacturing and sub- assembly of wires and cables for medical devices, electrical appliance, consumer electronics and automotive markets. The group’s crown jewel - Supercomnet Medical Products Sdn Bhd will be the key growth driver with the increased spending in healthcare amidst the Covid-19 pandemic. Scomnet produces medical cables that are generally used for connecting various medical devices outside the human body which are used in endoscope and part of endoscopy accessories, connectors and medical tubes.
Since February, it has seen a surge in orders particularly for the disposable bronchoscope which is the main component used in the first in line lung treatment for patients with respiratory infections and critical care monitoring cable for the use in intensive care units. Its cables are approved by the European Medical Agency (EMA) and Food & Drug Administration (FDA) for Europe and North and Central America with key clients such as Edwards Lifesciences and Ambu, both major players in different segments of cardiovascular medical devices space globally. Scomnet has been supplying it’s FDA and EMA approved components for over 10 years. Currently its medical segment contributes more than half of group’s revenue and is expected to be over 65% with the increased demand.
Scomnet is also set to benefit from the stronger USD as it exports over 70% of its products. In addition, copper which accounts for over 50% of its raw materials has seen price decline to a 4-year low. Balance sheet remains solid with net cash of RM46m and zero borrowings. Prevailing net margins of 15% is set to improve to 18% by FY20 and FY21. This would catapult group’s earnings to a new high and expect growth momentum to continue with EPS to chart double digit growth of 35 % and 20% for FY20 and FY21 respectively.
Source: Thomson Reuters
Price: RM0.98
Target price: RM0.61
By Vincent Lau | Vincent.lau@rakutentrade.my
KLCI
YTD KLCI change
YTD stock price change
1,357.5 -14.6% -15.9%
Stock Information
Market Cap (RM’m) Issued Shares (m) 52-week range (H) 52-week range (L)
392.2 643.0 1.08 0.315
Major Shareholders
Shiue Jong-Zone Wu Huei-Chung Wu Chung-Jung Hsueh Chih Yu Shiue Jyh-Jeh
20.9% 14.4% 11.1% 10.8% 10.5%
Summary Earnings Table
FYE Dec (RM’m) 2018A
2019* 2020F 2021F
Turnover 88.3
121.0 140.0 160.0
EBIT 14.9
23.6 30.3 32.3
PBT 14.5
23.6 30.0 32.3
Net Profit 11.2
18.8 25.0 30.0
Consensus -
---
EPS (sen) 2.1
2.9 3.9 4.7
EPS growth (%) 92.5
42.2 34.6 20.0
DPS (sen) 1.5
- 1.6 1.9
PER (x) 29.6
20.8 15.5 12.9
BV/Share (RM) 0.30
0.32 0.35 0.38
ROE (%) 5.7
9.6 11.3 12.6
Div. Yield (%) 2.5
- 2.6 3.1
Technically Speaking
Resistance level
Support level
RM0.75
RM0.50
Sources: Company, Rakuten Trade Research

Supercomnet Technologies Bhd
• BUY with target price of RM0.98 premised on 25x PER FY20 against Bursa Malaysia healthcare sector of PER 30x.
• Scomnet medical cable to see 30% earnings growth with increased spending in healthcare amidst the Covid-19 pandemic on the back of improved demand.
• Since February, it has seen a surge in orders for disposable bronchoscope which is the main component used in the first in line lung treatment for patients with respiratory infections and critical care monitoring cable for the use in intensive care units.
• Its cables are approved by the European Medical Agency (EMA) and Food & Drug Administration (FDA) for Europe and North and Central America with key clients such as Edwards Lifesciences and Ambu, both major players in different segments of cardiovascular medical devices space globally.
• Scomnet is set to benefit from the stronger USD as it exports over 70% of its products. In addition, copper which accounts for more than 50% of its raw materials has seen price fall to a 4-year low.
• Balance sheet remains solid with net cash of RM46m and zero borrowings.
• Current net margins of 15% is set to improve to 18% by FY20 and FY21. This would catapult the group’s
earnings to a new high and expect EPS to chart double digit growth of 35% and 20% for FY20 and FY21 respectively

Still got room to grow 0.98 fast fast onboard now... steady Pom pi pi

Yeah profit takin rest once a while healthy

Comin Lamborghini watchout 0.020 comin

Tomorrow gap up again rm1 comin

Momentum comin... let’s chi Ong to 0.020 break the spell

Still holding to scomnet rest

At least 0.050 cent this stock

Come on big kaki need to clear off 0.015

Steady Pom pi pi

Joining this boat together

KUALA LUMPUR (April 7): Bursa Malaysia’s most-active stock Lambo Group Bhd's share trade volume extended its surge in morning trades today after the company said yesterday it plans to venture into the food delivery business as it sees potential growth in the market segment due to the Covid-19 pandemic.

At 11:14am today, Lambo Group saw some 256 million shares traded. Its share price rose 0.5 sen or 50% to 1.5 sen for a market value of RM31.5 million.

Yesterday, its trade volume jumped to about 225 million shares from around 75 million units on Friday (April 3).

In separate Bursa Malaysia filings, Lambo Group said its wholly-owned subsidiary Lambomove Sdn Bhd has entered into two memorandums of understanding (MoUs), one each with GEM Live Sdn Bhd and Marquee International Sdn Bhd.

"The MoU signed (with GEM) expresses intentions of both parties (Lambomove and GEM) to work together towards the materialisation of a business contract which will involve GEM appointing Lambomove as its food delivery service provider to customers.

"The MoU signed (with Marquee) expresses intentions of both parties (Lambomove and Marquee) to work together towards the materialisation of a business contract which will involve Marquee appointing Lambomove as its food delivery service provider to customers for LAVO, a restaurant operated by Marquee,” Lambo Group said.

Lambo Group said that following the award of a local logistic licence by the Malaysian Communications and Multimedia Commission as well as the agreements with two renowned forwarders, namely FMX (M) Sdn Bhd and ABX Express (M) Sdn Bhd, the directors of Lambo Group believe that a partnership with GEM and Marquee will allow Lambo Group to venture into food delivery as the group sees a potential market due to the Covid-19 pandemic.

Next q vry good ... sapu in this stock no wrong

Lockdown on scomnet stock

KUALA LUMPUR (April 2): Pos Laju, the courier arm of Pos Malaysia Bhd, and e-commerce platform Shopee have launched the "Stay Home Essentials" campaign.

In a statement today, Pos Malaysia said the launch of the "Stay Home Essentials" campaign is for the convenience of consumers when purchasing their essential goods during the Movement Control Order (MCO) period.

"In conjunction with the campaign, customers may now purchase their essential goods online through Shopee and have their goods delivered to their doorstep by Pos Laju.

"The campaign, which will run from April 3 to April 25, features over 20,000 products consisting of groceries, baby and kids items, beverage and household essentials," it said.

In addition, Pos Laju is offering customers "Essential Vouchers" daily worth RM5 and RM10, which are applicable with a minimum spend from as low as RM15 for items featured under the "Stay Home Essentials" campaign.

Pos Malaysia group chief executive officer Syed Md Najib said the collaboration with Shopee during the MCO period would help Malaysians stay safe, prevent the spread of the virus and the hassle of having to drive out to the stores and facing long queues, further encouraging the public to stay at home.

"As a member of the nation's essential services provider, we are committed to supporting the MCO announced by the government and doing our best in serving the rakyat during this challenging time," he said.

Shopee's regional managing director Ian Ho said that both the Shopee and Pos Laju teams are on the frontline to support and deliver daily essential items to the doorsteps of Malaysians.

"This is important for us to flatten the curve and fight Covid-19 together. We understand that this is a difficult time for all and hence, we are extremely touched by Pos Laju's kind gesture to further top up value for Shopee's customers.

"It is great to see organisations being able to rise to the occasion, rally support and join forces to help those in need," Ian said.

Stay home. Get the news from theedgemarkets.com.

Buy and hold 0.80 cent comin

Always stagnant at 0.540 come on

Should be 0.80 cent above

Uptrend buy .... bullish still cheap this stock

Comin watchout another wave...

Still zzzz every counter already up up up

Cocolnd come on...

Only this dragon still sleeping come on , hoot untill 0.700...

Wayang gonna start...

Me too this price look tempting to me rm20 below

All stock goin south,price still high .. waitin rm15 below

Waitin rm100 below

Don’t rush market always there... wait another 2 mths , corona virus still vry hard to control...

Don’t masuk Dulu wait for rm19 below, market sentiment hit by corona virus badly

Seller vry fierce ... throw like no tomorrow