Posted by Investhor > 2020-01-04 12:29 | Report Abuse

On Manufacturing Side, they have INVENTEC APPLIANCES CORPORATION (from Taiwan) as a business partner, with a 32 million (5.17%) shareholding in SCOPE.

IAC had acquired this stake in 2019. This partnership should contribute to better earnings in their manufacturing division in the long run.

Posted by slts > 2020-01-04 13:02 | Report Abuse

no money co.
can go bust anytime

Posted by rikki > 2020-01-04 13:04 | Report Abuse

Good pick. Should be overlooked( fail to notice ) instead of underlooked

Posted by Investhor > 2020-01-04 17:23 | Report Abuse

@rikki - thx for the positive feedback, will note for future write ups

Posted by newbie911 > 2020-01-04 17:28 | Report Abuse

Memang up alr ma...follow cpo movement alr.
Whr gt underlook?

Posted by Investhor > 2020-01-04 17:38 | Report Abuse

@slts - refer above screenshot of company books, they have current assets of about rm 8.8m which should be sufficient for them to operatesnd turnaroud the company once improved earnings from plantation segment comes in

Posted by Investhor > 2020-01-04 17:42 | Report Abuse

@newbie911 - refer to the chart..the volumes only started to enter recently around 20c area..the volume was too small before that hence it could potentially be negated..compared to the other cpo counters which have rallied for 3-4 weeks, this counter has not seen enough interest as it should..

Posted by Investor 999 > 2020-01-04 17:54 | Report Abuse

OK la i will buy 10mil shares to push up the price on Monday !

Posted by VIN3133 > 2020-01-04 18:08 | Report Abuse

Yes, lagging behind. Potential price spike is there .
Will add some on Monday . Thank you Investhor for sharing .

Posted by 360Capitalist > 2020-01-04 22:30 | Report Abuse

Financially, Scope is lower gear and with huge plantation asset backing. We should see huge jump in revenue being reported soon.

Posted by speakup > 2020-01-04 23:16 | Report Abuse

investhor sai lang Scope already, now need all uncle & aunty to push up for him

Posted by billionn > 2020-01-05 12:00 | Report Abuse

Jack of all trades sigh!

Posted by Philip Greta > 2020-01-05 12:52 | Report Abuse

With a plantation profile of 50% aging trees (15 years and above) in need of replanting, they will be enjoying the increased cpo prices at absolutely the wrong time.

In addition to that 25% of their revenue came from a customer which decided to build and produce their own production lines to meet the demand.
They are scrambling to meet an entire year of bad luck.


Investhor if you want to buy and push this stock to i3 investors you really have to try much harder, this has been a bad company for years, and the cpo price runup is not going to be sustainable.

But the poor management capability is going to continue for the entire length of time that you hold this stock.

Id advise you to sell and avoid this stock.

Posted by Investhor > 2020-01-05 13:30 | Report Abuse

@Philip Greta - not sure how you know so much details of their business (maybe you have a friend working there, or God knows how)..but my opinion is based on the facts and figures available in the company official reports..it is better for you not to speculate if you are not an official spokesperson of the company..

also, why would you assume that I am buying this stock to push to other investors? it really is low of you to simply assume like that..whereas like I said I am simply sharing opinion and it would be up to the market to decide the price of the stock

Posted by gohkimhock > 2020-01-05 13:43 | Report Abuse

thumbs up to you Philip Greta. Not afraid to call a spade a spade and dont play to the gallery.

a tip to the topic starter - a shrinking NTA is not a good sign if there is no corporate exrcise.

Posted by Investhor > 2020-01-05 13:58 | Report Abuse

@gohkimhock - funny that you said there is no corporate exercise..they had just completed a private placement of 56,048,443 new Scope Shares on 18 March 2019 for expansion of their electronic manufacturing business..

also, the majority shareholder had crossed over 32 million shares to INVENTEC APPLIANCES CORPORATION, which signals a strong partnership in its manufacturing section

maybe a tip to you..don't simply make a statement before studying the company's recent announcements..you will make yourself look bad

Posted by Peter2357 > 2020-01-05 14:22 | Report Abuse

hi JKGLand Berhad also got plantation land