Posted by johotin88 > 2021-03-03 18:09 | Report Abuse

Yes. I can sense it also. The sellers just kept on throwing to the buyers even though many other counters already rebounded from this morning low. Might need to cut loss soon.

Posted by gohfredd > 2021-03-03 18:29 | Report Abuse

According to Bursa few weeks ago.. there is an extension for one month to report QR 4 results until end March 2021, most companies should report by mid March 2021 ... wish the QR is not so bad :>

Posted by Live2Win > 2021-03-03 20:31 | Report Abuse

Johotin88@...I had previously invested in this stock starting from the end of May last year till I finally clear off all my holdings of this particular share on 15Feb this year after I noticed that it had breached the MA50 & MA100 trending line subsequently. I must admit it is a very stable n fundamentally strong company but we must accept the fact that it did make a very good run up since the middle of April till 23Nov of last year (what a beautiful trend i.e. it was always trending above MA50 all this while) before it finally peaked. The next important thing u need to look at is
1.74 level....

Posted by gohfredd > 2021-03-03 22:46 | Report Abuse

Expected to see the QR 4 results in March 5th 2021

Posted by Plantermen > 2021-03-04 11:59 | Report Abuse

Supercominet trending lower for the past 2 months after hitting a high of 2.00+

Posted by Plantermen > 2021-03-08 16:44 | Report Abuse

All counters green except this one

Posted by heyy08 > 2021-03-09 09:15 | Report Abuse

when the QR result out??

Posted by donki423423 > 2021-03-09 15:40 | Report Abuse

Soomnet seems no energy to move anymore

Posted by INVEST_AA > 2021-03-11 15:33 | Report Abuse

Here comes the energy...

Posted by INVEST_AA > 2021-03-11 15:33 | Report Abuse

Looks like good qtr result coming..

Posted by donki423423 > 2021-03-11 17:56 | Report Abuse

lets pray for good outcome.....huat ah....

Posted by growth_investor > 2021-03-12 13:48 | Report Abuse

good result!

Posted by Want2Win > 2021-03-12 13:49 | Report Abuse

waah

Posted by Want2Win > 2021-03-12 13:49 | Report Abuse

up 4 sen

Posted by Want2Win > 2021-03-12 13:49 | Report Abuse

up 2.12%

Posted by Want2Win > 2021-03-12 13:50 | Report Abuse

very good

Posted by yeoyeong > 2021-03-12 14:40 | Report Abuse

latest qr is good.

Posted by investortrader88 > 2021-03-12 14:56 | Report Abuse

my queue buy matched RM 1.78.waiting for few days my queue.good luck guys.

Posted by INVEST_AA > 2021-03-12 15:01 | Report Abuse

YES GREAT QTR Result... Buy buy buy

Posted by INVEST_AA > 2021-03-12 15:07 | Report Abuse

For the quarter under review, the Group recorded a growth of 18.36% in revenue to RM 38.344 million (December 2020) .The profit after tax of the group has increased by 61.83% !!!

Posted by INVEST_AA > 2021-03-12 15:08 | Report Abuse

Per financial report -
Barring any unforeseen circumstances, the prospect of the Group is expected to IMPROVE.

Posted by INVEST_AA > 2021-03-12 15:09 | Report Abuse

So silly to sell now.... it will go up..

Posted by TomyamGong > 2021-03-12 15:19 | Report Abuse

Bursa got problem ? how come all good QR counters all drop today ? sot plug already?

Posted by pampers > 2021-03-12 15:23 | Report Abuse

Please with its result, but disappointed in its prospect review, they need to tell us more about their prospect and what shareholders will be looking for...

Posted by INVEST_AA > 2021-03-12 15:28 | Report Abuse

Already told u the prospect in the report what...

Per financial report -
Barring any unforeseen circumstances, the prospect of the Group is EXPECTED TO IMPROVE.

Posted by Jonathan Keung > 2021-03-12 15:30 | Report Abuse

Good result but price drop

Posted by INVEST_AA > 2021-03-12 15:30 | Report Abuse

What is there to disappoint about prospect which is something not measurable and vague?? As long as they can produce good results Qtr to Qtr and longer...then its Good company to invest in

Posted by INVEST_AA > 2021-03-12 15:32 | Report Abuse

Don't worry ..Just some short term traders taking profit...

Posted by BigPortfolio > 2021-03-12 15:33 | Report Abuse

no hurry to rush in now. wait for 1.500

Posted by pampers > 2021-03-12 15:33 | Report Abuse

Go see other company qtr reports, one of the worst performance and prospect review I have read so far

Posted by INVEST_AA > 2021-03-12 15:33 | Report Abuse

It will rebound...

Posted by pampers > 2021-03-12 15:36 | Report Abuse

A lot of times, prospect review in the qtr reports can tell u a lot about the company current and future situation, and it will affect our decision to buy, hold or sell

Posted by INVEST_AA > 2021-03-12 15:38 | Report Abuse

@Pampers worst performance in what sense?? revenue and profit UP Dude... so what r u talking about? Give details and not just vague statement... Otherwise just another tin kosong

Posted by pampers > 2021-03-12 15:46 | Report Abuse

U read carefully la, I am talking about their review in qtr statement la, they should write more, explain more, elaborate more.

Posted by INVEST_AA > 2021-03-12 15:55 | Report Abuse

I am also talking about Qtr results...

What other details do you need when all the figures are in the P&L, balance sheet and cash flow? and most importantly it amazing results ...

So u r selling just bcos they are brief with the Qtr statement?

Posted by xuewenapeng > 2021-03-12 15:58 | Report Abuse

'amazing results' but share drop immediately? another useless company! better xl before too late, don't say the excellent xuewenapeng don't tell you when you cry like a baby lmfao

Posted by INVEST_AA > 2021-03-12 16:00 | Report Abuse

Clear all the noise and buy with confidence when its down...

Posted by INVEST_AA > 2021-03-12 16:00 | Report Abuse

Its solid company with high possibility of moving to main board...

Posted by pampers > 2021-03-12 16:01 | Report Abuse

Fyi I am a full time investor for more than 10yrs, my first batch buying price for scomnet is 0.7, prospect statement is very important for me judge more....U understand or not

Posted by calvinfong_them > 2021-03-12 17:42 | Report Abuse

as what i know currently Supercomal Medical production in full force

Posted by heyy08 > 2021-03-12 17:47 | Report Abuse

will it back to rm2??

Posted by ahheng > 2021-03-12 17:57 | Report Abuse

Supercomnet Technologies Bhd, which specialises in making wires and cables for medical devices, saw its net profit jump 61.84% to RM7.38 million for the fourth quarter ended Dec 31, 2020 (4QFY20), from RM4.56 million a year ago, on improved margins and better revenue recognition.
Its profit after tax margin increased to 19.25% in 4QFY20, from 14.08% a year earlier, according to its filing with the local bourse. Revenue grew 18.36% to RM38.34 million from RM32.4 million.

Posted by SIQ555 > 2021-03-12 19:38 | Report Abuse

Review the Qr results...RM2...no worries.

Posted by Mr.Sm Invest123 > 2021-03-12 22:19 | Report Abuse

Fundamental & netcash & improving ICUs medical devices business

Posted by BobLimm > 2021-03-13 00:17 | Report Abuse

Supercomnet's 4Q profit jumps 62% on higher sales, better profit margin - The Edge Markets

http://www.theedgemarkets.com/article/supercomnets-4q-profit-jumps-62-higher-sales-better-profit-margin#.YEuCOlQU_ps.whatsapp

Posted by MoneyAndHoney > 2021-03-13 00:34 | Report Abuse

Up 43.11% q on q

Posted by MoneyAndHoney > 2021-03-13 00:35 | Report Abuse

Up 61.84% y on y

Posted by MoneyAndHoney > 2021-03-13 00:35 | Report Abuse

very good

Posted by MoneyAndHoney > 2021-03-13 00:36 | Report Abuse

well done

Posted by investortrader88 > 2021-03-13 10:58 | Report Abuse

Stock Klse : Scomnet ( 0001 )
Category : Healthcare - Ace Market


Source of information : Simply wall & Klse screener .


Supercomnet Technologies Berhad is covered by 2 analyst. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report.

Institution Analyst
UOB Kay Hian Research Pte Ltd
UOB Kay Hian Research Pte Ltd Chee-Wai Chong




Supercomnet Technologies Berhad manufactures and sells PVC compounds, and cables and wires for electronic devices and data control switches. The company offers electrical wires and cables, electrical molding cables, RGB cables, automotive plug in cables, copper and jumper wires, cords and cord sets, USB/mini USB cables, original equipment manufacturing (OEM) waterproof connectors, high-speed LAN cables, RCA connectors/cables, nursing call cables, and electronic packaging/PVC pellets. It provides wires and cables for the medical device, electrical appliance, consumer electronics, and automotive markets. The company operates in Malaysia, the United States, the Dominican Republic, Denmark, the Republic of Singapore, Taiwan, China, Hong-Kong, and Germany. Supercomnet Technologies Berhad was incorporated in 1990 and is headquartered in Sungai Petani, Malaysia.


# Market cap RM 1.38 billion ( 12/3/2021 )


# Year 2018 profit RM 12.2 million.
Year 2019 profit RM 18.8 million
Year 2020 profit RM 22.6 million
( Earnings and Revenue Growth Analysts Forecasts Year 2021 profit RM RM 53 million )


# Earnings are expected to grow significantly over the next 3 years.


# Earning are forecast to grow 79.4 % per year.


# Earning grew by 32.7 % over the past year .


# Current share price as on 12/3/2021 = RM 1.79.


# PE 58.11


# ROE 9%


# ROA 7.4 %


# ROCE 14.3 %




# REVENUE ( Sept 2020 ) RM 122.467 / per yr

# EARNING RM 20.33 million / per yr

# PROFIT MARGIN 16.6 %



# Earnings are expected to grow significantly over the next 3 years.




# SCOMNET's short term assets (MYR123.2M) exceed its short term liabilities (MYR18.2M).




# Long Term Liabilities: SCOMNET's short term assets (MYR123.2M) exceed its long term liabilities (MYR6.8M).




# SCOMNET is DEBT FREE



# CASH & SHORT TERM investment RM 74.5 M.



# RECEIVABLES RM 24.7 M.




# LONG TERM & OTHER ASSETS RM 111.1 M.




# INVENTORY RM 23.7 M .



# PHYSICAL ASSESTS RM17.2 M.



# OTHER LIABILITIES RM 20.8 M.



# DIVIDEND 0.84 %



# CURRENT PAYOUT DIVIDEND TO SHAREHOLDERS FROM EARNING 32 %.



# CEO Mr. Jong-Zone Shiue, also known as James, serves as the Managing Director of Supercomal Medical Products. SDN. BHD. (formerly known as Supercomnet Technologies Berhad). Mr. Shiue started his career as Marketing Planner at Matsushita Co. Ltd from 1969 to 1970. He worked at Sanyo Electrical Co. Ltd. from 1970 to 1983 and served as its Manufacturing Technical Chief. In 1983, he started his own company, King Royal Electrical Inc., a company involved in the wire harnessing, cable moulding assembly, manufacturing of SCSI control modules and other electrical/electronic products. He worked at Supercomal Wire & Cable Co. Ltd. as General Manager from 1993 to 1995. He has been a Director at Supercomal Medical Products. SDN. BHD. (formerly known as Supercomnet Technologies Berhad) since September 25, 1991. He holds a Certificate in Industrial Engineering from Taipei Institute of Industry which he received in 1969






Disclaimer : Not a buy or sell call.For investment decision please seek advice from your license investment bank advicer & remisier.Please do your own research .Trade at your own risk.