Surprised by the negative drop in this counter. Good qtr result and forecast of a better year ahead doesn't translate into their price. Dissapointed by the negative perception
According to the numbers, it is really a good company and have high potential.but the content of the financial report shows that all the directors are not experienced and not diligent enough, they should responsible for this. They need to express the company’s outlook and future expectations more clearly. Not just numbers.Hope to give an explanation for the results as soon as possible. Give investors more reference and confidence.
As a listed company at Bursa.. with good QR and good fundamentals background, the management should stand up and do something to build investors confidence of the company’s future ...
Real silly that people sell just b'cos not much commentary about about its figures... but on the other hand, certain people goreng on stocks that are loss making...
Those who do NOT understand the significant importance of Scomnet business are probably the one selling. The business they are in is pretty much LOCK in with their customers cos their customers would NOT simply switch supplier for such niche products and take risk of faulty products by other suppliers..Also the entry barrier is high as to get the medical product approval in overseas developed market is not easy.. Needless to say more and more people and getting old and sick... SComnet's business will only gets better....
Scomnet will be upgraded to Main Board... Just watch..
Will this dump won’t last long. There too much money in the company to let the price keep dropping. Remember this company is cash cow and this push down is fake. U sell u lose
This doesnt look like a normal selling...I believe it probably involves those buying this stock on margin...that is the reason why the past week...we have seen a prolonged selling going on despite the fact that this company is considered fundamental sound.
dun noe y after quarter report out thn price start dropping.... scared will drop further.... Should stop loss before tis....but now aldy losing so much..
Why people see drop scare ,u must know what u have bought,do u think now drop u can buy,is this company worth for u to buy,for sure I will average this company, this opportunity can’t be miss ,u can’t predict what the price, but u can be prepare if it’s drop do u can buy
The target price ascribed by research analysts are based of assumptions. The unaudited FYE 2020 net profit was $23m vs analysts projections of $30m, about 30% below target. Projected net profit for FYE 2021 is $40m which is almost double FYE 2020. This is not a buy or sell call. One should do own research and be informed.
it is unfortunate that there is no such thing as quality stock in Bursa. Even if there is, nobody bother to appreciate it. In my point of view though, I always remind myself that as long as I am satisfied with the profit that I can make, I will just dispose off n won't look back again.
For a company like scomnet, u probably need not have to worry abt the drastic drop in its share prices cos of its superb profit qtr to qtr. u can be comfortable with their expertise n pioneer in this specialized manufacturing of medical cables which can gaurantee them a steady flow of revenue n profit. i believe it is only a matter of time that its share price will make a rebound. Tp recommedation by rakuten is only a study guideline...we can only make our own decision on when to enter or exit the trade...
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Plantermen
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Posted by Plantermen > 2021-03-17 08:11 | Report Abuse
Surprised by the negative drop in this counter. Good qtr result and forecast of a better year ahead doesn't translate into their price. Dissapointed by the negative perception