sriweld

sriweld | Joined since 2022-01-28

Investing Experience Advanced
Risk Profile Low

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1 month ago | Report Abuse

SCGB is on track to generate at least RM90m operating cash inflow in 2024. It will be in net cash within 15 to 18 months at most, depending on the dividend quantum. Profits doubled in 2023 after a 33% increase in 2022. It will double again in 2024. Operational capacity is already in place with the expansion in the last 2 years.Market value will be in excess of RM1b.
Growth has been and will continue to be very strong. We have a very capable management here.

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1 month ago | Report Abuse

The latest results showed the net debt at RM82.794m. Copper, aluminum prices factored in contracts with main customers.