Posted by Dakewlest > 2020-08-26 20:52 | Report Abuse

RM2 soon?

Posted by Dakewlest > 2020-08-26 20:53 | Report Abuse

QR this week right? What to expect?

Posted by Trader1188 > 2020-08-26 22:51 | Report Abuse

Expects extremely good QR

Posted by BullWC16 > 2020-08-27 11:16 | Report Abuse

have faith with the management

Posted by bigearl > 2020-08-27 17:47 | Report Abuse

The quarter report is out. I don't know if is good or great

Posted by dannislow > 2020-08-27 18:55 | Report Abuse

Really super lio

Posted by pampers > 2020-08-27 18:56 | Report Abuse

Huat lo, hold tight tight like your lover

Posted by ZacChuinn91 > 2020-08-27 19:14 | Report Abuse

All green. Consider very good showing if not great. RM2 is definitely possible in near future :))

Posted by DannyArcher > 2020-08-27 21:22 | Report Abuse

performance so so only. Revenue down, net profit up, same as one year ago, but price fly up so much. PE60 is crazy.

Posted by bigearl > 2020-08-27 22:39 | Report Abuse

To hold or to let go? Hmmmmmmmmmm That is the question

Posted by gemfinder > 2020-08-27 22:45 | Report Abuse

Should be covid benefit stil report tis result? Gape down

Posted by gemfinder > 2020-08-27 22:46 | Report Abuse

Should be covid benefit stil report tis result? Gape down

Posted by growth_investor > 2020-08-27 23:10 | Report Abuse

Hype stock (overvalued), however it is definitely a growing company !

Posted by Longlong919 > 2020-08-27 23:52 | Report Abuse

it will fly whatever

Posted by bigearl > 2020-08-28 09:21 | Report Abuse

Apa berlaku? Strong!

Posted by Onglailai > 2020-08-28 09:29 | Report Abuse

The Highlight is the PBT margin up to 33%

Posted by Toplove888 > 2020-08-28 09:38 | Report Abuse

Malaysia market qr not good but can rocket to sky 1 ... must remember.. anyway this fundamental company ... not bad debt or tin kosong..

Posted by Toplove888 > 2020-08-28 09:39 | Report Abuse

Tp 2.5 ... hopefully can get bonus issue

Posted by monique1968 > 2020-08-28 09:39 | Report Abuse

GoGoGo SCOMNET

Posted by monique1968 > 2020-08-28 11:19 | Report Abuse

2.50 next week

Posted by LiimInvest > 2020-08-28 14:03 | Report Abuse

Scomnet cashflow strong, margin increased because of the Medical Devices biz , but revenue drop due to automotive cable business during MCO were impacted. Next Quarter report should be better with increasing revenue and profits

Posted by Toplove888 > 2020-08-28 14:46 | Report Abuse

Ah go go scomnet happy if today Can close at rm2

Posted by longtermvaluegain > 2020-08-28 19:52 | Report Abuse

Before next quarter announce, SCOMNET 已经是RM3.00 多了。

Posted by LiimInvest > 2020-08-29 23:03 | Report Abuse

Tp should over 2-3

Posted by christophertopher > 2020-08-30 12:16 | Report Abuse

Scomnet 不只有现有两个大客户，而且还多出一个大客户，订单有增无减。期待第三和第四，甚至以后的盈利。
我只是希望下个星期有望买入低于RM2.00 价位。

Posted by ming > 2020-08-31 03:12 | Report Abuse

Expensive but still growing

Posted by LiimInvest > 2020-08-31 14:05 | Report Abuse

christophertopher scomne 生產t 特殊業務 -醫療設備電纜

Posted by Toplove888 > 2020-08-31 14:12 | Report Abuse

Tuesday rm2 ringgit sudah mari....

Posted by longtermvaluegain > 2020-09-01 15:52 | Report Abuse

WHY WE LOOK INTO SCOMNET ?

CASH FLOW STRONG.

MEDICAL DIVICE INDUSTRY WILL CONTINUE TO EXHIBIT GOOD GROWTH.

MARGIN INCREASE BECAUSE OF DEVICES BIZ.

ZERO BORROWING.

STRONG & RELIABLE MANAGEMENT.

FAMILY OF HSUEH HOLDED 67.67%.

TWO BIG LISTED CAMPANIES SCOMNET'S 大客户 , EDWARDS LIFE SCIENCE AND AMBU.

刚刚签下不久的另一个大客户，MERMAID MEDICAL，再大大刺激订单，FY2020-FY2021 ！
（独家分销商！）

转至主板可能性非常高！

现金高达RM50 mil ！

零负债！没贷款！

赚副预计从15%至18%！

预料2026年里，心血管设备市场规模会达USD 822 亿！！！

全球由5个主要商参与，其中一个就是SCOMNET的大客户！

FY2020 净利料RM28mil， FY2021 净利RM35 mil！

ON TRACK TO DELIVER RECORD EARNINGS WITH ACCELERATED GROWTH IN EPS OF 59% IN FY2020 & 41% IN fy2021.

STRONG GROWTH CAGR 30%!

Posted by Toplove888 > 2020-09-02 09:10 | Report Abuse

Wow wow rm2 scomnet

Posted by Toplove888 > 2020-09-02 09:13 | Report Abuse

Go go go rm2.5 next destination

Posted by LiimInvest > 2020-09-02 09:17 | Report Abuse

Breaks 2.01 now

Posted by LiimInvest > 2020-09-02 09:36 | Report Abuse

CASH FLOW STRONG.

MEDICAL DIVICE INDUSTRY WILL CONTINUE TO EXHIBIT GOOD GROWTH.

MARGIN INCREASE BECAUSE OF DEVICES BIZ.

ZERO BORROWING.

STRONG & RELIABLE MANAGEMENT.

FAMILY OF HSUEH HOLDED 67.67%.

TWO BIG LISTED CAMPANIES SCOMNET'S 大客户 , EDWARDS LIFE SCIENCE AND AMBU.

刚刚签下不久的另一个大客户，MERMAID MEDICAL，再大大刺激订单，FY2020-FY2021 ！
（独家分销商！）

转至主板可能性非常高！

现金高达RM50 mil ！

零负债！没贷款！

赚副预计从15%至18%！

预料2026年里，心血管设备市场规模会达USD 822 亿！！！

全球由5个主要商参与，其中一个就是SCOMNET的大客户！

FY2020 净利料RM28mil， FY2021 净利RM35 mil！

ON TRACK TO DELIVER RECORD EARNINGS WITH ACCELERATED GROWTH IN EPS OF 59% IN FY2020 & 41% IN fy2021.

STRONG GROWTH CAGR 30%!

Posted by monique1968 > 2020-09-02 09:47 | Report Abuse

RM2.50 coming

Posted by MyMisc > 2020-09-02 13:22 | Report Abuse

UOB Kay Hian upgraded Target Price for Scomnet today (Sept 2) to RM2.40 from RM1.98.

Scomnet is also UOB's alpha stock pick for the month of September. Other 4 alpha stocks are Astro, GENT, Pentamaster and Yinson.

"Embarking on a fantastic 2H20 and beyond. Moving forward, we believe that there will
be significant growth in Scomnet’s earnings starting from 2H20, mainly driven by automotive and medical segments"

"Direct beneficiary riding on the soaring demand for COVID-19 related critical medical devices. Beyond this, earnings in FY21 will be supercharged by increased capacity and launching of new products which are listed on the US FDA website" - UOB

Don't forget, Rakuten Trade also has a buy call on Scomnet with a target price of RM2.18 on Aug 17, when the price was RM1.59. Today, price is already close to RM2!

Posted by BobLimm > 2020-09-02 13:37 | Report Abuse

Surprise for UOB Kay Hian to cover Scomnet on their portfolio. Likely to attract big boys into Scomnet.

Posted by Teoh Boon Leong > 2020-09-02 14:51 | Report Abuse

MyMisc do you have link to UOB Kay Hian TP for Scomnet?

Posted by MyMisc > 2020-09-02 15:03 | Report Abuse

Don't think the report is allowed to be shared here, but UOB trading account holders should be able to download online

Posted by Calvinharris > 2020-09-02 17:49 | Report Abuse

Earnings are forecast to grow 47.06% per year

Posted by Dakewlest > 2020-09-02 19:15 | Report Abuse

When is next qr?

Posted by Dakewlest > 2020-09-02 20:25 | Report Abuse

When is next qr?

Posted by SIQ555 > 2020-09-02 20:38 | Report Abuse

Next Qr...in September...announcement expected in Oct/Nov'20.

Posted by bigearl > 2020-09-02 21:39 | Report Abuse

Next QR defo will be in end of October.

Posted by Hopeful > 2020-09-03 09:51 | Report Abuse

Very interesting development.
35 million Scomnet shares traded off market yesterday at RM 1.95.

Who so brave to buy such a big block ?

Posted by anarchysons > 2020-09-03 10:45 | Report Abuse

SCOMNET - New major shareholder emerges after the stock surged 520% in less than 6 months

- An off market transaction of 30.8 million shares of Supercomnet Technologies Bhd (Scomnet) was done at RM1.95 on Tuesday, Sept 1.

- This represents a 4.78% stake in the company.

- The counter closed at RM1.95 on the same day, which means the new shareholder did not buy at a discount.

- It is rather unusual for new investors to buy a major block at market price, unless they really trust the company's growth story.


**Scomnet's Growth Story**

- Scomnet is a leading OEM cable manufacturer specialising in medical devices and automative cables and serves large medical device makers in the United States and Germany as well as carmakers like Proton and Perodua, among others.

- UOB KayHian forecasts Scomnet to deliver RM29.5mil net profit for FY20. This would be a 52% jump from the RM19.6mil it delivered in FY19.

- in 1H20, Scomnet has so far delivered some RM10mil. This means, UOB KayHian is anticipating a doubling of earnings in the last two quarter of this year.

- It is also forecasting a net profit of RM51.6mil for FY21. This means a 74% jump in earnings from FY20.

- Scomnet has also secured a new automotive client, which is French car manufacturer PSA Group. PSA Group is the maker of Peugeot and Citroen.

- UOB KayHian is expecting the PSA Group to contribute an incremental 10% to 20% of group revenue from 2021 onwards.

- On the medical devices front, Scomnet has secured 10 new projects with key clients.

- "Incremental revenue from new products (D’Clot Catheter, Colonoscopy GI and Gastroscopy GI which will be in production in 2H20)," says UOB KayHian.

- Scomnet is in the midst of increasing its capacity by 35% within 3 months to fulfil the medical segment's explosive demand.


***BUY Calls***

- 2 research houses have BUY calls on Scomnet namely UOB Kay Hian and Rakuten Trade.

- UOB Kay Hian has on Sept 2 upgraded the Target Price to RM2.40.

- With crazy growth at hand and a growing pipeline of new products, isn't it a matter of time before Scomnet hits net profit of RM100mil?

At that level of earnings, what would Scomnet's share price be like?


Read more here:

https://klse.i3investor.com/blogs/anarchysons/2020-09-03-story-h1513311488-SCOMNET_New_major_shareholder_emerges_after_the_stock_surged_522_in_les.jsp

Posted by Ahmad Sulhi Ghazali > 2020-09-03 10:50 | Report Abuse

Wow wow rm2.xx scomnet, managed get double from my investment...

Posted by BobLimm > 2020-09-03 11:27 | Report Abuse

With UOB Kay Hian coverage on Scomnet, more such deals will pop up!!

Hang on for more profit!!!

Posted by Toplove888 > 2020-09-03 11:30 | Report Abuse

Go go next rm2.5 undervalue company

Posted by longtermvaluegain > 2020-09-03 11:36 | Report Abuse

WHY WE LOOK INTO SCOMNET ?

CASH FLOW STRONG.

MEDICAL DIVICE INDUSTRY WILL CONTINUE TO EXHIBIT GOOD GROWTH.

MARGIN INCREASE BECAUSE OF DEVICES BIZ.

ZERO BORROWING.

STRONG & RELIABLE MANAGEMENT.

FAMILY OF HSUEH HOLDED 67.67%.

TWO BIG LISTED CAMPANIES SCOMNET'S 大客户 , EDWARDS LIFE SCIENCE AND AMBU.

刚刚签下不久的另一个大客户，MERMAID MEDICAL，再大大刺激订单，FY2020-FY2021 ！
（独家分销商！）

Scomnet has also secured a new automotive client, which is French car manufacturer PSA Group. PSA Group is the maker of Peugeot and Citroen.

转至主板可能性非常高！

现金高达RM50 mil ！

零负债！没贷款！

赚副预计从15%至18%！

预料2026年里，心血管设备市场规模会达USD 822 亿！！！

全球由5个主要商参与，其中一个就是SCOMNET的大客户！

FY2020 净利料RM28mil， FY2021 净利RM35 mil！
Incremental revenue from new products (D’Clot Catheter, Colonoscopy GI and Gastroscopy GI which will be in production in 2H20).

ON TRACK TO DELIVER RECORD EARNINGS WITH ACCELERATED GROWTH IN EPS OF 59% IN FY2020 & 41% IN fy2021.

STRONG GROWTH CAGR 30%!

Posted by NPRA1985 > 2020-09-03 12:49 | Report Abuse

Overpriced stock.