Posted by Xcalibre > 2020-04-21 13:59 | Report Abuse

Haha @lancefire and @gemstar talking to themselves who's the same person...

Posted by Xcalibre > 2020-04-21 14:00 | Report Abuse

Very good acting wor... @lancefire and @gemshi*

Posted by Xcalibre > 2020-04-21 14:01 | Report Abuse

Unfortunately can be seen through by ppl...

Posted by mf > 2020-04-21 14:02 | Report Abuse

European markets set for negative open amid coronavirus, oil jitters

Posted by lancefire > 2020-04-21 15:36 | Report Abuse

Yeah european market expected. Most of bursa is red today. Should be tumultuous week ahead

Posted by erkongseng > 2020-04-22 03:56 | Report Abuse

Buy in now

Posted by Gemstar > 2020-04-22 09:59 | Report Abuse

Not bad ... waiting to add some

Posted by BobLimm > 2020-04-22 12:49 | Report Abuse

Got news that they can run higher manpower now, production is ramping up capacity to meet demand.

Posted by yeoqian > 2020-04-22 15:15 | Report Abuse

hope u managed to add some @gemstar at the low..

Actually noting much to update, company is willing to give good return. Just let it flow. the 70c level seems intacted.

Healthcare-related counters everywhere moving up strongly. Take for instance, biolidics in sgx surged almost 4x in 2weeks for its RTK. Local gloves moved up strongly. Other HC related are still still high despite yest's sell off

Posted by ImFromTheFuture > 2020-04-22 15:18 | Report Abuse

bought in, candlestick signals bullish engulfing

Posted by yeoqian > 2020-04-22 15:20 | Report Abuse

To add, Medtecs which manufacturers PPE across ASIA, are surging 30% .

I see the next target to be around 0.845 before we can confirm further upside.

Posted by yeoqian > 2020-04-22 15:30 | Report Abuse

Copper which is one the main ingredient are going lower.. together with oil gluts.. So, operating expenses should be reduced as well.. same goes to gloves related and plastic related industries as resin price is in discount.

Posted by Gemstar > 2020-04-22 16:18 | Report Abuse

@yeoqian waitin but buyer too strong add some pos today... happy shopping today :)

Posted by Gemstar > 2020-04-23 07:47 | Report Abuse

Waitin to break 0.80 cent above ;) see today got power or not

Posted by BobLimm > 2020-04-24 07:38 | Report Abuse

Edwards Lifesciences Q1 2020 results just out from oven.

Critical Care sales were $183 million for the quarter. This performance was lifted by strong demand for the company's disposable pressure monitoring devices used in intensive care units as a result of the COVID-19 pandemic.

This confirms Scomnet production capacity surge to cope with demand. Sources indicate the volume surge is of 5x to 6x. Ready to fly!

Posted by yeoqian > 2020-04-24 09:10 | Report Abuse

Gilead’s potential antiviral drug for the coronavirus has flopped in its first randomized clinical trial..

Therefore, Good for healthcare-related.. gloves are up currently

Posted by lancefire > 2020-04-24 11:22 | Report Abuse

Actually that Gilead news is obviously a fake bull news. Any healthcare provider will know that drugs take a much longer time to go through trials (3 phases of trials and then only FDA approval). Even if it is proven effective, it still needs to be studied for human safety purpose and to look for drug interactions (eg you don't want a drug that cures Covid but causes irreversible kidney damage after 2 years). So I would say a cure is at least 1 year away.

Social distancing will be a norm for the next few months. Just assume that from now on you cannot be in a crowd. Hence any retail or tourism related sectors....business will be affected.

As for whether this counter is a buy or sell, please do your own research.

Posted by lancefire > 2020-04-24 11:23 | Report Abuse

What I'm also saying is that even if MCO is lifted, Covid will still be around. Mco is not meant to totally eradicate covid. It is to flatten the curve.

Posted by jvw1520 > 2020-04-24 19:21 | Report Abuse

What’s yr opinion / outlook on this ...?

Posted by lancefire > 2020-04-24 23:21 | Report Abuse

Not gonna promote or push any counters here yeah.

In a world with social distancing and no mass gathering, what products would you use more? These are the companies that will benefit the most.

What products or services or places would you use or go less? These companies will be in for a hard time. Eg would you go to a casino or concert after this mco when covid could resurface any time?

Posted by RedEagle > 2020-04-24 23:24 |

Post removed.Why?

Posted by Gemstar > 2020-04-25 11:18 | Report Abuse

Top 23 shareholders own 86.18% of the company
Jong-Zone Shiue
31.4%
Huei-Chung Wu
14.38%
Chung-Jung Wu
11.09%
Chih-Yu Hsueh
10.8%
Lim Chuan
7.02%
PMB Investment Berhad
2.02%
Sai Mun Chee
1.76%
Pacific Rotary Sdn. Bhd.
0.84%
Mei-Hsin Liu
0.81%
Ling-Miao Liu Kuo
0.81%
Shou-Lun Liu
0.81%
Wai Sim Ng
0.78%
Shu-Li Ho
0.53%
Cheng-Chun Chen
0.47%
Chin Kiong Too
0.42%
Hung Thiam Lim
0.38%
Chao-Chih Lee
0.35%
Wai Kong Wong
0.29%
Boon Tiam Lian
0.28%
Wai Lam
0.28%
Kok Ping Lee
0.23%
Mooi Choo Low
0.22%
Li Lian Tan
0.21%

Posted by Erudite > 2020-04-26 22:10 | Report Abuse

It’s a healthcare stock but haven’t really fly at all. Sure do well once mkt know & rerate it with sector peers

Posted by SideIncomer > 2020-04-27 16:16 | Report Abuse

i think top shareholder holding too much share, no people wanna help them goreng xD

Posted by RedEagle > 2020-04-27 23:27 | Report Abuse

1.20?

Posted by Erudite > 2020-04-27 23:37 | Report Abuse

Y goreng when u can invest in this gud counter?

Posted by lindenstar > 2020-04-29 09:51 | Report Abuse

why 1.20?. how to make it 1.20?

Posted by SDNBHD > 2020-04-29 15:10 | Report Abuse

never believe in chinaman owned company. the can give u good return and make you go burst

Posted by Erudite > 2020-04-30 22:33 | Report Abuse

I thought this is Taiwanese co. Looking forward to RM1 first. Edwards life sciences, d principal client US share price doing well!

Posted by David > 2020-05-01 09:22 | Report Abuse

you're right about them being a supplier to edward life sciences. the gem in scomnet lies in smp, their ctos report shows good profit margins. pressure transducers and ecg leads would be of high demand in the ICUs due to the Covid19 outbreak and are single use items which are disposed after each patient.

Posted by newbie8080 > 2020-05-01 13:19 | Report Abuse

It rallied 100% since 1 month ago. It's very impressive already.

What's your expectation?

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Posted by Erudite > Apr 26, 2020 10:10 PM | Report Abuse

It’s a healthcare stock but haven’t really fly at all. Sure do well once mkt know & rerate it with sector peers

Posted by Gemstar > 2020-05-05 12:46 | Report Abuse

Scomnet steady waitin to explode again

Posted by Hopeful > 2020-05-05 14:07 | Report Abuse

Scomnet's big customer just announced very good Q2 results.

Ambu posted organic growth of 24% in Q2 as COVID-19 pandemic increased the demand for single-use devices. As a result, Ambu grew 19% in the first half of the year. Product launches for this year are progressing as planned, Ambu’s application for FDA-approval of the duodenoscope has been submitted, and further investments in the global sales organization are initiated. Full-year guidance for organic growth is lifted from “16-22%” to “26-30%” as already announced, and EBIT margin guidance for the full-year is resumed at 12-14% including commercial investments.

https://www.ambu.com/corporate-info/investors/investors

Posted by NinjaInPyjamas > 2020-05-05 23:26 | Report Abuse

What is the amount of endoscope sales over total revenue?
is Supercommal the only vendor for Ambu & Edward Lifesciences' endoscopes?
Anyone got the data?

Posted by donald770 > 2020-05-06 09:00 | Report Abuse

This stock is due for rerating. Its product seems quite hard to be replaced immediately.

Posted by Hopeful > 2020-05-06 09:46 | Report Abuse

Ninja,

According to announcement :

"Sales of single-use endoscopes reached 313,000 units for the quarter and 493,000 units for the half-year. Sales volumes were thus up 72% and 49%, respectively, relative to last year."

Ambu forecast sales of 900,000 single-use endoscopes for FY2020.
From above Q2 volume was 313,000 and Q1 was 180,000.
Based on trajectory, safe to say sales will blow past 1,000,000 units easily.

Posted by donald770 > 2020-05-06 13:40 | Report Abuse

Thanks for the information. Factors favour this stock: rerating for health stock is huge, the Taiwanese directors meant business, the balance sheet is healthy, and lastly low interest rate is favourable too. I have decided to keep this to see its potential. Your take?

Posted by Jeffreyteck > 2020-05-06 16:05 | Report Abuse

Small exposure, TP 1.20 by end 2022.

Posted by BobLimm > 2020-05-06 16:54 | Report Abuse

Another interesting article on medical pressure sensors market size.. it's gonna grow significantly! Scomnet is producing pressure transducer devices and patients monitoring devices. Let's wait and see their quarterly results!

https://www.google.com/amp/s/markets.businessinsider.com/amp/news/medical-pressure-sensors-market-size-to-boost-owing-to-increasing-adoption-of-advanced-healthcare-equipment-by-2028-radiant-insights-inc-1029164397

Posted by gemfinder > 2020-05-06 17:02 | Report Abuse

y stil not fly

Posted by NinjaInPyjamas > 2020-05-07 00:33 | Report Abuse

Hi Hopeful,
Ambu results are not specific enough.
I meant what are the exact RM sales revenue in scomnet Quarterly/Full yearly report attributed to endoscopes, bronchoscopes etc single use scopes.
Their sales are not 100% from AMBU endoscopes, they got other products as well.
Another want to know is whether each & every unit of endoscopes sold by AMBU manufactured by Supercomal Medical Products S/B? Same goes to Edward Lifescience.

Posted by mf > 2020-05-08 07:42 | Report Abuse

Oil drops nearly 2%, erasing earlier gain of more than 11%

Posted by RedEagle > 2020-05-08 08:53 | Report Abuse

Semiconductor

Outsourced services
/unisem /gtronic /inari /mpi

ATE manufacturers
/vitrox /penta /elsoft /mmsv /vis /aemulus /qes

Design and manufacture
/jftech /fpgroup /notion /dufu /mi

Other semiconductor
/d&o /kesm /jhm

Technology and Services
/krono /cuscapi /keyasic /dataprp /ucrest /k1 /eforce /myeg /orion /novamsc /frontkn /mexter /revenue /n2n /rgtech /opensys /pineapp /ghlsys /dsonic /presbhd /ifcamsc /dnex /omesti /asdion /edaran /willow /techbnd /greatec /uwc

Posted by Gemstar > 2020-05-08 10:40 | Report Abuse

Standby mode ... anytime fly

Posted by Hopeful > 2020-05-09 13:25 | Report Abuse

If you Google Search Disposable Endoscope Market Growth, you can see various reports about this topic:


Disposable Endoscopes Market Value to Hit US$ 3.1 Bn by 2026
The global disposable endoscopes market value is expected to hit $3.1 billion by 2026 and projected to rake 27.1% CAGR during the forecast period 2018 to 2026 - Acumen Research and Consulting


Healthcare Market Desk
Disposable Endoscopes Market Size, Share and Forecast 2019-2027
Press release • Nov 23, 2019 12:39 EST
​The global ​disposable endoscopes market size is expected to reach USD 3.31 billion by 2027 and is expected to expand at a CAGR of 29.2% over the forecast period 2019 to 2027.

Disposable Endoscopes Market Share Insights
Boston Scientific Corporation, Inc.; Flexicare Medical Ltd; Ambu A/S; Hill Rom Holdings.; and OBP Medical Corporation are the major players operating in this market. New product developments to cater to the multiple application areas is the most notable strategy adopted by these market participants. Of all the market participants Ambu A/S is significantly increasing its product offering, therefore, in next 3-4 years Ambu A/S is poised become one of the largest market participants.


Just info sharing with other Scomnet followers. Good luck.

Posted by Starelite > 2020-05-09 17:53 | Report Abuse

Tuesday wanna accumulate some...yo my portfolio

Posted by bestman > 2020-05-09 18:06 |

Post removed.Why?

Posted by VIN3133 > 2020-05-12 00:06 | Report Abuse

Congrats , DK66
Your article has hit top spot !!

Posted by lextcs > 2020-05-12 09:45 | Report Abuse

going to hit the roof in the months ahead...best buy

Posted by yeoqian > 2020-05-12 09:57 | Report Abuse

yes, if stay above 84c..