Posted by monique1968 > 2020-06-24 22:41 | Report Abuse

Beautiful chart

Posted by Bill_Fates > 2020-06-24 22:46 | Report Abuse

bubble will burst tomorrow..

Posted by Gemstar > 2020-06-24 22:59 | Report Abuse

@Bill fates becareful tomorrow your egg also will burst

Posted by kanzaki123 > 2020-06-24 23:05 | Report Abuse

Haha, just topped up today at 1.460

Posted by mf > 2020-06-25 07:07 |

Post removed.Why?

Posted by Gemstar > 2020-06-25 09:19 | Report Abuse

@Mf u tak payah everyday post down jones future up down or down up ppl will go and see ...post some meaningful about stock lah...

Posted by kanzaki123 > 2020-06-25 11:25 | Report Abuse

Always when I buy sure drop..

Posted by gemfinder > 2020-06-25 13:34 | Report Abuse

Who is tis fucker mf? Every hr every minute every second oso post some info... i realy salute him

Posted by Big3 > 2020-06-25 14:42 | Report Abuse

Beware ..small floating stocks. Easy to manipulate. PE >50. for thought.

Posted by Big3 > 2020-06-25 16:29 | Report Abuse

When its price zoom up fast. Price going down hill could also be as fast as lightning.

Posted by mf > 2020-06-25 18:05 | Report Abuse

qr out

Posted by birkincollector > 2020-06-25 18:05 | Report Abuse

so so only....price too high

Posted by amateurJR > 2020-06-25 18:12 | Report Abuse

qtr below expectation

Posted by LiimInvest > 2020-06-25 18:21 | Report Abuse

Next QR ( April to June) should be good.

Posted by Maxigain > 2020-06-25 19:13 | Report Abuse

Result not too bad..stock overpriced. Should drift back to below rm1

Posted by liokmin > 2020-06-25 19:14 | Report Abuse

Price so high, QR so so...luckily cut today.

Posted by gemfinder > 2020-06-25 19:35 | Report Abuse

Lickily sold all. Overpriced

Posted by CT > 2020-06-25 19:47 | Report Abuse

At least got growth and increase in profit. Now in KLSE ,at least 95% show reducing profit or huge losses or facing cash flow problems but Scommet expect next quarter will be better.

Posted by LiimInvest > 2020-06-25 19:59 | Report Abuse

Will accumulate more

Posted by gemfinder > 2020-06-25 20:04 | Report Abuse

Beter profit bcos of foreign exchange gainm pls read notes

Posted by Big3 > 2020-06-25 20:20 | Report Abuse

Big fund may be the one who push the price up and when they see many ikan bilis follow they may start to throw out their tickets. Trap or real share price up?

Posted by lancefire > 2020-06-25 21:22 | Report Abuse

Honestly speaking this qr is good but underwhelming for me especially for the current price. Hopefully next qr would be better bit I wonder if its priced in already

Posted by LiimInvest > 2020-06-25 21:41 | Report Abuse

https://www.malaysiastock.biz/News.aspx?newsID=107148

Posted by LiimInvest > 2020-06-25 21:43 | Report Abuse

Supercomnet hits record high as orders from medical device makers soar
-A+A
Supercomnet’s main customers comprise New York Stock Exchange-listed Edwards Lifesciences Corp and Denmark-based Ambu, both of which have signed long-term agreements with the company.

KUALA LUMPUR (June 17): Shares in Supercomnet Technologies Bhd, which specialises in making wires and cables for medical devices, soared to a record high of RM1.33 in the morning session today.

At noon break, the stock had surged 26.2% or 27 sen to RM1.30. Its trading volume swelled to 38.07 million shares, substantially higher than its 200-day average trading volume of 1.95 million shares.

The Edge Malaysia weekly previously reported that Supercomnet’s wholly-owned subsidiary Supercomal Medical Products Sdn Bhd (SMP), which manufactures cables used to connect various medical devices, had seen order volume double since the Covid-19 outbreak began.

“Demand for medical cables has always been strong, but recent orders from our clients indicate that demand is picking up even further,” said Supercomnet managing director James Shiue Jong-Zone in an interview with The Edge.

The main products developed by the company include disposable medical consumables for Class 1, Class 2 and intensive care unit (ICU) usage.

Supercomnet’s main customers comprise New York Stock Exchange-listed Edwards Lifesciences Corp and Denmark-based Ambu, both of which have signed long-term agreements with the company.

Shiue highlighted that the group had been in business with its clients for more than 10 years and, on average, orders increased by 5% to 10% every year, whether or not there was a recession.

Supercomnet recorded a 55% year-on-year (y-o-y) jump in net profit to RM18.82 million for the financial year ended Dec 31, 2019 (FY19), mostly driven by its unit SMP, which is deemed the jewel in the group’s crown. Revenue grew 39% y-o-y to RM122.97 million. It will report its March quarter results for FY20 this month.


The medical device segment has been the driver of the group’s growth over the last three years, a situation Shiue does not see changing anytime soon.

The revenue contribution from the medical device segment is predicted to surpass that of the automotive segment for the first time this year from a 50:50 share in FY19.

Of the group’s immediate plans, Shiue said Supercomnet will put all its efforts into delivering orders to its clients, and it had allocated capital expenditure of about RM7 million to RM8 million for FY20.

Read also:
Supercomnet Technologies wired to medical device market growth

Posted by LiimInvest > 2020-06-25 21:48 | Report Abuse

Next QR ( April to June) should be very good.

Posted by CoolJay > 2020-06-25 21:50 | Report Abuse

Price overvalued. Tomorrow likely to drop below 1.4

Posted by gemfinder > 2020-06-25 21:50 | Report Abuse

Talk so good oso no use. Report shown not good enough profit

Posted by gladiator > 2020-06-25 22:07 | Report Abuse

Results so so unlike glove counter. quarter report never mention huge increase in profit in 2H, tomorrow limit down. Run....

Posted by SpotOn1 > 2020-06-25 22:11 | Report Abuse

This is Jan-Mar quarter result. Pandemic surge mid March onwards. Next quarter result will reflect April-June.
Scomnet price starts to surge at end May and mid June, does it mean Q2 results going to be much better?
If stock price is forward looking, then objectively Q2 result should be very good.
Does it mean the big funds that entered in Mid June are already looking forward to and anticipate the next good quarter result?

Posted by gemfinder > 2020-06-25 22:13 | Report Abuse

Pls compare qoq oso, topline n botomline oso droping

Posted by EatCoconutCanWin > 2020-06-25 22:20 | Report Abuse

Pe 55. You think is gloves counters meh..tui le lomo

Posted by ijanto > 2020-06-25 22:39 | Report Abuse

. The Supercomal Medical Products (SMP) contributed 87% of the group profit.

Posted by Gemstar > 2020-06-25 22:51 | Report Abuse

Still keeping... keep for next Q

Posted by CT > 2020-06-25 23:17 | Report Abuse

I believe most of you earn money from this counter. Dont talk bad about it la even already sold and take profit

Posted by David > 2020-06-25 23:36 | Report Abuse

quarter results not good enough for me. exited due to too much speculation.

Posted by lancefire > 2020-06-25 23:56 | Report Abuse

This is still a fundamentally strong company. The only question that remains is if it is overvalued or fair value. I will certainly hold some of the mother shares.

I hope that some of you remain objective and not only hear selective good stuff about a company. That is how a safe investor should be anyway.

Posted by ijanto > 2020-06-26 06:03 | Report Abuse

True

Posted by Gemstar > 2020-06-26 07:57 | Report Abuse

I am still holding from 80 cent ... drop will add coz me too already sell 2 times ... results ok ma.... true sold Liao diam diam don’t talk here talk there...congrats to those take profit ... those still holding sure will get reward later... must hav holding power...

Posted by calvinfong_them > 2020-06-26 08:09 | Report Abuse

Indeed, i am new in stock market, scomnet is a fundamentally strong company.

Posted by gemfinder > 2020-06-26 08:20 | Report Abuse

Overpriced la. Even with this result, pe oredi 50

Posted by Gemstar > 2020-06-26 08:23 | Report Abuse

From glove forum untill healtcare stock ... all sound high pe, overpriced , burst here burst there... but they still vry steady at their price till now ... will hold till next year... Kecuali crisis 1 more time or else all this counter fundamentals and their sales high demand

Posted by Gemstar > 2020-06-26 08:26 | Report Abuse

Or this covid 19 can vanish ,don’t forgets Europe country still out of control ... covid 19 will come 2nd wave again ...

Posted by stockraider > 2020-06-26 08:32 | Report Abuse

Just learn from sohai Philip and sohai 3iii, just look at the Pe of QL and Nestle all above 50x....they still say undervalue bcos of growth & stability of earnings mah....!!

This can be further justify with low rate of return of bank deposits which at the moment about 2% pa fixed return which offer no growth opportunity loh...!!

Posted by aMilli > 2020-06-26 08:56 | Report Abuse

Results considered very good. This is pre-covid results. Next few quarters going to be better.

Posted by chopstick > 2020-06-26 09:02 | Report Abuse

hi, eveyone is so worries about PE (physical extension) who's care , only the weak will dies, strong will remain.

Posted by LiimInvest > 2020-06-26 09:22 | Report Abuse

Buy buy

Posted by bigearl > 2020-06-26 09:25 | Report Abuse

Honestly again its normal, not fantastic. But with the fundamental of the company, its strong. No gearings, their two major clients are strong. Edward Lifescience SPIEN 3 THV is cleared for use in CHINA. Their current QR is reflecting Jan to Mar. This year their earning picked up in May. So the next QR, which might come out around August or Sept, will surely be strong. So either you hold or sell, there's no right or wrong to it. Daily traders will say i am deceiving myself. But as an investor this is what I look forward to, the long run.

Posted by monique1968 > 2020-06-26 09:39 | Report Abuse

During MCO every company is effected, this company is strong and steady, what do you expect during lockdown can anyone do wonder, this qtr is consider good, next qtr is great, will hold on to it..

Posted by Newbie318 > 2020-06-26 09:50 | Report Abuse

Price coming down guys.

Posted by calvintaneng > 2020-06-26 09:53 | Report Abuse

Like careplus & adventa or Hlt these stocks have been "CHASED INTO GROSSLY OVER BOUGHT TERRITORY"

Time to come down to more realistic level now

Remember Calvin's 3rd Motto

"HE THAT IS LOW NEEDS FEAR NO FALL"

Or "Don't chase a stock AFTER IT HAS SUDDENLY GONE UP ALOT"

ALWAYS BUY LOW WHEN SHARES STILL NOT SO POPULAR

ONCE TURNED "VERY VERY HOT" BETTER DON'T CHASE BUT SELL!!