Posted by Gemstar > 2020-05-12 10:35 | Report Abuse

Should be rm1 above

Posted by Gemstar > 2020-05-12 17:57 | Report Abuse

Last minute closin sui ... 0.90 cent comin

Posted by Gemstar > 2020-05-13 10:24 | Report Abuse

Wild Wild West can hit 0.90 or not... other medical fly to moon ady

Posted by gemfinder > 2020-05-13 14:24 | Report Abuse

Go go go ..medical device oso

Posted by gemfinder > 2020-05-13 18:20 | Report Abuse

Tis,one,is covid lagard

Posted by Bursalearner > 2020-05-14 06:47 | Report Abuse

FoolsGold SPECIAL DEDICATION TO ALL
https://www.youtube.com/watch?v=xA0w4pP70Wc

Posted by Gemstar > 2020-05-15 06:52 | Report Abuse

Hopefully today bounce back stronger

Posted by mf > 2020-05-15 08:20 | Report Abuse

Asia markets higher as investors await China’s industrial production data

Posted by David > 2020-05-16 15:28 | Report Abuse

theedge malaysia published a good write up on supercomnet this week.

Posted by gemfinder > 2020-05-16 15:46 | Report Abuse

David, can share,the article ka?

Posted by gemfinder > 2020-05-16 16:19 | Report Abuse

Mon gapup

Posted by Hopeful > 2020-05-17 08:32 | Report Abuse

Some of the major points from The Edge article :

1) Management very focused on delivering results. Confident, low key yet quietly bullish

2) No guidance provided for FY2020 but indicated this year will be an exciting year in terms of earnings due to persistent growth in orders on top of additional orders related to Covid-19.

3) Major client #1 Edward Lifesciences is Top 5 global player in Cardiovascular device market. Major client #2 Ambu is Top player in single-use devices.

4) Due to excellent track records and necessary FDA and EMA approvals, have gained additional clients over the past 2 years.

5) Expansion programme planned. New products to be launched in 2nd Half of the year and have already received orders for them.

6) Based on the products that are jointly developed, can comfortably see growth and visibility over the next 10 years.

Above only a summary and not financial advice.

Those who own Scomnet, you should know what to do.
Those who do not own Scomnet, hopefully you know what to do.

Good luck.

Posted by gohku > 2020-05-17 09:42 | Report Abuse

Very bullish findings;

4) Due to excellent track records and necessary FDA and EMA approvals, have gained additional clients over the past 2 years.

5) Expansion programme planned. New products to be launched in 2nd Half of the year and have already received orders for them.

6) Based on the products that are jointly developed, can comfortably see growth and visibility over the next 10 years.

Posted by David > 2020-05-17 09:46 | Report Abuse

Hi gemfinder, i am unable to copy and paste from the Edge’s digital page. Hopeful and gohku have summarised the content. In addition to that:
- Demand from medical cables have been strong, order volumes doubled since outbreak.
- Strong USD and low copper price will provide tailwind for increased profits.
- Their cables are FDA approved which provide an edge against competitors.

Posted by David > 2020-05-17 09:56 | Report Abuse

The top 30 shareholders control most of the shares. Their balance float is extremely low. Based on last year’s annual report, just by holding 100k shares one will be in the top 10% of the shareholders. This might deter big funds coming in, but I’m happy to hold and monitor.

Posted by BobLimm > 2020-05-17 10:09 | Report Abuse

Any indicative target price mentioned?

Posted by gemfinder > 2020-05-17 10:26 | Report Abuse

1.20 no problem

Posted by gemfinder > 2020-05-17 10:48 | Report Abuse

Gohku n,david, tqvm

Posted by ml2020 > 2020-05-17 13:19 | Report Abuse

Also from The Edge: "as at Dec 31, 2019, Scomnet had net cash of RM 46.14 million and zero borrowings.".

Very promising quarters and years ahead for Scomnet.

Posted by BobLimm > 2020-05-17 16:45 | Report Abuse

Accumulate!!

Posted by gemfinder > 2020-05-17 18:26 | Report Abuse

Very promising article

Posted by gemfinder > 2020-05-17 18:27 | Report Abuse

Huat tomorow

Posted by Gemstar > 2020-05-18 11:25 | Report Abuse

When can hit at 0.90 cent...

Posted by lindenstar > 2020-05-18 12:23 | Report Abuse

you have to wait for dividend to approve by bursa

Posted by ml2020 > 2020-05-18 12:27 | Report Abuse

did they announce any dividend ?

Posted by Gemstar > 2020-05-18 13:09 | Report Abuse

Yup 0.015 if not mistaken... wait lo

Posted by ml2020 > 2020-05-18 13:38 | Report Abuse

thank you @gemstar

Posted by Dakewlest > 2020-05-18 18:59 | Report Abuse

Any TP? No IB covers this stock?

Posted by BATFLY > 2020-05-18 19:29 | Report Abuse

Good profit margin and ROE with zero debt.. Will fly high..

Posted by stockraider > 2020-05-18 19:33 | Report Abuse

Rakutan broker says TP 98sen....reported in the edge paper...last saturday mah!!

Posted by Dakewlest > May 18, 2020 6:59 PM | Report Abuse

Any TP? No IB covers this stock?

Posted by lindalinda > 2020-05-19 16:39 | Report Abuse

Pls tell me why Scomnet drop so heavy, i buy at 8.40

Posted by lindenstar > 2020-05-19 17:03 | Report Abuse

just wait...all healthcare stocks are dropping...only blue chips stocks gain...2 options for you: a) buy at lower price and average down....b) wait and make profits when it is up

Posted by lindalinda > 2020-05-19 17:53 | Report Abuse

Thank you lindenstar

Posted by donald770 > 2020-05-19 21:03 | Report Abuse

Modera report positive data on early stage of finding covid vaccine. Scomnet is producing high technical medical devices used in icu., which are in high demand now. Scomnet's dip today is in response to the development of vaccine. The final effective n safe approve vaccine is still a long way to go. Somnet by studying its potential has long way to go. I hope my assumption is correct.

Posted by donald770 > 2020-05-20 19:58 | Report Abuse

As l observed the real-time trading, there are big players collecting this stock. They are collecting as the stock swing up and towards the closing bell they would suppress its price. Correct me if. I am wrong.

Posted by Gemstar > 2020-05-20 20:27 | Report Abuse

Hopefully donald770 been waiting for so long liao lo :)

Posted by ml2020 > 2020-05-20 21:20 | Report Abuse

@donald770

i do agree that collection is indeed and has already happened for this stock. I have been observing for 3 consecutive days that while some are selling, many should be collecting. Scomnet's recent disposable bronchoscope which has full approval from US authorities will be the catalyst for their tremendous growth not only in terms of monetized financial quarters but also opens them up to many opportunities in the medical industry. Scomnet is a company not to be missed for mid to long term investments.

Posted by donald770 > 2020-05-20 21:29 | Report Abuse

Got it. Thanks. In this wide n wild stormy sea of risk, we need help n encouragement

Posted by ml2020 > 2020-05-20 21:49 | Report Abuse

@donald770
Very true.

As for other holders of Scomnet, don't let figures from other counters affect you. Every counter has got it's own pace. Hold tight to this and watch it grow steadily as it should.

Posted by yeoqian > 2020-05-21 11:23 | Report Abuse

@ml2020

Agreed.. selling is normal to create the healthy forces of Demand / Supply..

Holding tightly

Posted by Gemstar > 2020-05-21 12:22 | Report Abuse

Add some 0.820 and 0.835.... keep it and close wait for next QR ...

Posted by BobLimm > 2020-05-21 13:44 | Report Abuse

Scomnet is mentioned in today star

https://www.thestar.com.my/business/business-news/2020/05/21/balance-sheet-cashflow-matter

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

RGTBHD (9954), the newly discovered Covid-19 thematic play

https://klse.i3investor.com/blogs/dollardollarbill/2020-05-21-story-h1507774981-RGTBHD_9954_the_newly_discovered_Covid_19_thematic_play_bill.jsp

Posted by dollardollarbill > 2020-05-22 09:23 | Report Abuse

RGTBHD doing medical devices.Reminds me of Scomnet...

Posted by Gemstar > 2020-05-22 10:54 | Report Abuse

Scomnet move Liao :)

Posted by Gemstar > 2020-05-22 11:14 | Report Abuse

Roadblocks at 0.880 come on traffic police..

Posted by lindenstar > 2020-05-22 11:31 | Report Abuse

maybe there will be dividend approved by end of day

Posted by Stock Wizard ( no sell no loss ) > 2020-05-22 15:05 | Report Abuse

buy some for next week pandemic theme, still undervalue to play

Posted by lancefire > 2020-05-22 17:04 | Report Abuse

Nice one today hehe

Posted by Gemstar > 2020-05-22 18:54 | Report Abuse

Yah still undervalued rm1 comin