Posted by BobLimm > 2021-12-10 11:13 | Report Abuse

One of their key customers CEO said "We are just getting started..."

https://youtu.be/AVY060ALTVA


Also Scomnet received Supplier of the Year 2021 Award from customer E.

Posted by James_Bond > 2021-12-12 10:54 | Report Abuse

Boiling pot (tech bubble) to burst soon...

Posted by cherry88 > 2021-12-14 10:31 | Report Abuse

Is SCOMNET a tech stock ?

Posted by Plantermen > 2021-12-14 13:32 | Report Abuse

Yes. SCOMNET a pure tech stock

Posted by GreysonLim0304 > 2021-12-15 14:03 | Report Abuse

People do oil tank wire and medical devices consider any of ate past or ems meh

Posted by cherry88 > 2021-12-15 16:45 | Report Abuse

@GreysonLim, No point argue with people who dont understand the company.....keep diam diam better.....

Posted by cherry88 > 2021-12-21 09:10 | Report Abuse

Hi Gays n gals, the train has reached its first destination (resistant). Please proceed to exit door for short term travelers (traders). For longer distance travelers, please stay calm and relax and enjoy surrounding scenery. The train will take a rest for a while before moving on. Meanwhile, be prepared to face some resistance. It may not be as smooth as before form now. 1 remainder to short distance travelers...should you have exited and wanted to come back, be prepared to buy a more expensive ticket later. So, think through before you exit. There are many other travelers waiting outside too, looking for a cheap seat.

Posted by Plantermen > 2021-12-22 12:59 | Report Abuse

This counter had attempted to break above 2.00+ numerous times. Hopefully this round is real & successful

Posted by donki423423 > 2022-01-19 10:37 | Report Abuse

Does anyone know what happened to the share , from &2 dropped to 1.60 now

Posted by kentck86 > 2022-01-19 21:50 | Report Abuse

hope to drop more la..come come come

Posted by Lyo82 > 2022-01-21 14:06 | Report Abuse

@donki423423: Did you find any problem with its company? If nothing wrong, share price up or down is normal, no need particular reason.

Posted by Plantermen > 2022-01-28 06:26 | Report Abuse

Straight forward business, simple generating module

Posted by 4dking777 > 2022-02-16 09:46 | Report Abuse

I also hope the share ccan drop more, then i can sapu

Posted by SMInvest > 2022-02-16 12:03 | Report Abuse

accumulating more today

Posted by SMInvest > 2022-02-16 12:06 | Report Abuse

hold tight

Posted by neonstrife > 2022-02-17 12:13 | Report Abuse

Hold tight, gonna fly soon

Posted by VTrade > 2022-02-20 13:37 | Report Abuse

How much u got money u can happy to buy saje
seat still on promotion continuely.

Posted by Plantermen > 2022-02-20 13:45 | Report Abuse

dissapointed with their price. Drop from 2.00+ til now never really recover

Posted by neonstrife > 2022-02-21 11:06 | Report Abuse

On side it also showing value right

Posted by Jerry87 > 2022-02-23 12:01 | Report Abuse

Disappointed with their financial growth rate in 2021, it seems to be an endless waiting. They should be OEM low-end medical products and no market competitiveness.

Posted by kentck86 > 2022-02-23 12:16 | Report Abuse

does UOB has new research report updates?

Posted by SMInvest > 2022-02-23 15:06 | Report Abuse

PROSPECTS :

We remain optimistic with the Group's mid to long term prospects underpinned by continuous growing demand from customers in addition to several new
products in the pipeline.

Thus, barring any unforeseen circumstances, the Group is expecting the performance for the next financial year to be satisfactory.

Posted by cherry88 > 2022-02-24 11:12 | Report Abuse

@ Jerry87, https://www.youtube.com/watch?v=ic0hwPAACg0 This is the company future growth trend. Do you think it is low-end products ? This is the replacement for the by-pass / balloon for stroke operation.

Posted by cherry88 > 2022-02-24 11:27 | Report Abuse

Referring to my earlier comments dated 25/11, its FY2021 PAT of RM25.3 mil is within expectation, due to the MCO lock-down during the year. However, moving forward, I expect the company to achieve RM35 mil in FY2022, due to its factory expansion is progressing well. Management indicates a 30% growth is achievable. This translates into EPS of 4.6sen or PE of 32.6x. I have to admit that given current increasing interest rate environment, current PE valuation is a bit on a high-side. Anyway, if we can ride through the tide, its 2023 profit should is forecast at around RM50 mil after the full completion of the factory construction then, or a PE of 23x which is fair at current level.

Posted by kentck86 > 2022-02-24 11:53 | Report Abuse

agree on Cherry as customer M is just started and gonna be next key growth for the next few years upon the new factory completion.

Posted by Selenakee > 2022-02-24 15:59 | Report Abuse

Let's listen to what management say tonight. Should be quite promising.

Posted by budder > 2022-02-25 11:46 | Report Abuse

@Selenakee where can i listen to management?

Posted by Finance_gorge > 2022-02-25 15:03 | Report Abuse

Turnover increased but profit did not increase proportionately. It seems that Supercomal also encountered the same problem before. What is the control problem? It's not the first day that raw material increases happen. Will there be no more problems in the new season?

Posted by Jerry87 > 2022-02-25 15:28 | Report Abuse

here you go~
https://www.youtube.com/watch?v=Vjno6WbBD_c
https://www.youtube.com/watch?v=AwvdlJE6zRE
https://www.youtube.com/watch?v=qW14Ztc6a4A
https://www.youtube.com/watch?v=uNoXPHUkHeE
https://www.youtube.com/watch?v=jPVH7Nog-G8
https://www.youtube.com/watch?v=8YIINXv__qg
https://www.youtube.com/watch?v=ezzkWfvEG_c
https://www.youtube.com/playlist?list=PLfzaOfwKapzgTDN8cOFWUhbmy9odTYs1Z

Posted by SMInvest > 2022-02-26 00:51 | Report Abuse

Daily technical highlights – (SCOMNET, DRBHCOM)

Author: kiasutrader | Publish date: Thu, 24 Feb 2022, 10:42 AM
Supercomnet Technologies Bhd (Trading Buy)

After falling from a recent high of RM2.08 in end-December last year, SCOMNET’s share price – which ended at RM1.53 yesterday – could stage a technical rebound ahead.

With both the RSI and stochastic indicators in the midst of reversing from their oversold positions, the stock will probably climb in tandem.

On the way up, SCOMNET shares are expected to shift towards our resistance thresholds of RM1.71 (R1) and RM1.88 (R2). This translates to upside potentials of 12% and 23%, respectively.

Our stop loss price level is pegged at RM1.39 (or a 9% downside risk).

The group has just announced net profit of RM8.0m (-4% YoY) in 4QFY21, taking full-year net earnings to RM25.3m (+8% YoY) on the back of turnover of RM145.4m (+13% YoY) in FY21.

In the business of manufacturing and assembling advanced high technology wires and cables, SCOMNET derives its revenue mostly from the medical devices (62% of 4QFY21’s sales), industrial (namely electrical appliances & consumer electronics) (27% of sales) and automotive (11% of sales) segments.

With a debt-free balance sheet, SCOMNET is financially backed by cash holdings of RM45.2m and unit trust investments of RM102.3m (both of which added up to 19.4 sen per share) as of end-December 2021.

Posted by Jonathan Keung > 2022-02-28 11:38 | Report Abuse

Technical stocks not in favour and under pressure

Posted by kentck86 > 2022-03-02 11:52 | Report Abuse

@selenakee whats management said?

Posted by FannyYoong > 2022-03-02 14:10 | Report Abuse

@jerry87 agree, I also think there are many ways to remove blood clots ,it is not a new technology and I have seen many of these products years ago.

Posted by winetime > 2022-03-23 13:23 | Report Abuse

Seems good, buy more

Posted by apple168 > 2022-03-24 20:00 | Report Abuse

Don’t understand why someone willing to invest in such OEM company, claiming very promising prospect! in actual fact, not promising at all…

Posted by winetime > 2022-04-20 11:38 | Report Abuse

Hahhaa.... everything is also having potential, promising or not, really have to see the management. If they are really doing business. the price will shine 1 day.

Posted by VTrade > 2022-04-21 00:55 | Report Abuse

https://klse.i3investor.com/web/blog/detail/redarkhorse/2022-04-20-story-h1621546098-KAB_The_Real_5G_Infra_SUPERSTAR

Posted by edison888 > 2022-04-21 12:24 | Report Abuse

In the transformation stage, management is the most important, but those who attended the AGM meeting could see that they were all old management directors in the traditional industry, and such an organization is exactly what I am worried about, and may not be able to carry out healthcare transformation smoothly in the future.

Posted by songjoseph > 2022-04-21 13:00 | Report Abuse

old but steady , not young can talk a lot can not do .. hope so

Posted by winetime > 2022-04-22 12:55 | Report Abuse

As long management able to carry on. then good enough. execution always talk louder.

Posted by investortrader88 > 2022-04-26 17:29 | Report Abuse

Managed to collect some tickets at RM1.18.good luck guys

Posted by Dragon8888 > 2022-04-27 15:31 | Report Abuse

The epidemic is over of this year, the medical stocks party is over too, and OEM plants should enter decline phases and have supply chain problems.

Posted by Wyko > 2022-05-02 20:59 | Report Abuse

Apa lu cakap? Pi jauh-jauh main.

Posted by SMInvest > 2022-05-08 09:39 | Report Abuse

YouTube link: https://youtu.be/5uzrddDGzso (Eng & Chi subtitles)
The Power Talk with Supercomnet Technologies Bhd
神通科技是在近年崛起的医疗器材生产商。这家市值近10亿令吉的马股上市公司受到来自欧美大型上市公司的庇护，过去5年的盈利表现直线上扬，更受到各大机构投资者的青睐。
我有幸前往吉打双溪大年与大股东 -- 薛氏家族及 Eng Chuan Lim 进行了这个深入的专访。究竟这家公司有什么来头，我们且听听大股东们怎么说

Posted by gunter > 2022-05-08 13:46 | Report Abuse

Heavy promotion in progress~

咁大只蛤乸随街跳

Posted by SMInvest > 2022-05-09 00:53 | Report Abuse

https://youtu.be/5uzrddDGzso

Posted by FannyYoong > 2022-05-09 11:08 | Report Abuse

Does the expansion include recruiting talent in the medical field? The location of the plant looks like recruitment will be a problem.

Posted by SMInvest > 2022-05-09 14:02 | Report Abuse

so far ok, strong of R&D team

Posted by 532TKY > 2022-05-09 17:32 | Report Abuse

scomnet coming ?

Posted by edison888 > 2022-05-12 10:33 | Report Abuse

The annual report shows that CEO is paid under the similar-sized companies, such low paid OEM plant ,family business ,If you just want to earn dividends I think it's fine BUT development and expansion....best of luck guys