Posted by NgWS90 > 2022-08-09 11:00 | Report Abuse

It's going up. Just wish can get cheaper price again. Ha

Posted by kwcheong3888 > 2022-08-09 20:54 | Report Abuse

NgWS90 so active lol

Posted by NgWS90 > 2022-08-10 12:30 | Report Abuse

Haha. Full time investor + trader btw

Posted by NgWS90 > 2022-08-11 11:27 | Report Abuse

Very good. Breaking out alrdy after US announced lower than estimated CPI (8.5%)

Posted by yesyesyes > 2022-08-12 11:00 | Report Abuse

Run out from condo . heng ar !
yesyesyes

jumpa nanti kat 1.30

2 months ago

Posted by NgWS90 > 2022-08-12 12:46 | Report Abuse

Uptrend for Scomnet and good Q2 result is expected

Posted by cherry88 > 2022-08-12 16:40 | Report Abuse

Main Board admission and in the fund house (or fun house) radar now

Posted by cherry88 > 2022-08-12 16:45 | Report Abuse

Put joke aside, SCOMNET has a unique business with high barrier of entry. They have a so-call ever-green agreement with customer where SCOMNET is their only supplier and cannot simply change supplier. Further, supplier will finance all M&E requirement. The company just need to come out land and building....Most importantly, most their products are required FDA (or similar standard) approval which may take yearsss to approve. In short, it has monopoly status

Posted by yesyesyes > 2022-08-15 11:25 | Report Abuse

come on baby .. jgn sangkut kat sana , plsss drop ..

Posted by yesyesyes > 2022-08-15 14:50 | Report Abuse

kfc i dah terbanggggg ... sedihhh teramat dolll

Posted by NgWS90 > 2022-08-16 11:58 | Report Abuse

That's right, cherry88. That's business structure I'm fond about Scomnent and willing to invest for long term

Posted by cherry88 > 2022-08-16 17:17 | Report Abuse

A good starting point to understand the business....
https://klse.i3investor.com/web/blog/detail/rhbinvest/2022-08-16-story-h1627951195-Supercomnet_Technologies_Well_Equipped_With_Various_Growth_Components

Posted by NgWS90 > 2022-08-17 12:11 | Report Abuse

Short-term profit taking I think. Continue to monitor and wait for the good news from it

Posted by NgWS90 > 2022-08-18 12:04 | Report Abuse

Nice. Floating firmly at around the price of RM1.35.

Posted by NgWS90 > 2022-08-19 11:52 | Report Abuse

Going Main Board is imminent. Let's look forward it will happen this year

Posted by SMInvest > 2022-08-20 21:14 | Report Abuse

Supercomnet Technologies - Well-Equipped With Various Growth Components
rhbinvest
Publish date: Tue, 16 Aug 2022, 10:25 AM

FV of MYR1.80 based on 36x FY23F P/E. We like Supercomnet Technologies for its niche exposure to the medical and automotive component supplier space. Given the rising demand for healthcare products and services, as well as various technology breakthroughs in the global medical industry, we think demand for medical devices will continue to grow over the longer term. This company has no comparable peers. Our FV is based on a 36x P/E, given its historical P/E range of 35-38x during the pre- pandemic period.

Strong orders for medical devices to drive earnings growth. The high- margin medical segment will remain SCT’s key earnings driver. Overall pipeline orders for Edwards Lifesciences Corp and Ambu have increased, while production of the declotting device for Customer M has also started since July – monthly volume is expected to rise as production becomes smoother in 4Q22 after securing a sufficient supply of materials. Production of the IHS Syringe Infusion System will also start in October as the US Food and Drug Administration (FDA) approval and CE Mark have already been obtained.

Wire harness and fuel tank orders to expand to supply for another European car model. SCT is the only supplier of the wire harness and fuel tank for a European car model in the Asia-Pacific region. Apart from the existing three models, the company will also start supplying wire harness and fuel tank for another model of the same brand beginning 3Q next year.

Potential M&A opportunities to accelerate growth opportunities. We understand that management is exploring M&A opportunities within the region to further expand its medical device offering of the company. If the target company is transacted at a reasonable valuation, we think SCT’s earnings trajectory will be exciting, and this could potentially boost the company’s market cap and valuation moving forward.

Imminent transfer to the Main Board. The company is in the midst of seeking a transfer of its listing to the Main Board from the ACE Market. This exercise is expected to be completed in 4Q22. We believe this may help to lift investor interest on the stock – which may lead to a re-rating – since investable medical technology stocks are scarce on Bursa Malaysia.

Expect FY22F earnings to grow at 34%. Given the pipeline production, particularly for the medical segment, we estimate FY22F-23F earnings to grow at 34% and 20%. 1Q22 earnings already achieved MYR7.4m, and we think earnings in the coming quarters should be stronger QoQ, given production volume for most medical products is back-loaded. With the improvement in earnings, we believe DPS will also rise accordingly, maintaining a payout ratio within the 40% region.

Posted by NgWS90 > 2022-08-22 18:49 | Report Abuse

Good sharing. Let's look forward it to announce excellent Q2 results

Posted by NgWS90 > 2022-08-23 13:57 | Report Abuse

Nice. Quite steady despite overall market is not good

Posted by NgWS90 > 2022-08-24 12:03 | Report Abuse

Nice. Good Q2 result it presented. 10% increase in revenue and 27% increase in net profit compared to last quarter.

Posted by NgWS90 > 2022-08-25 11:16 | Report Abuse

Scomnet is qualified entering Main Board. Hoping it happens this year

Posted by NgWS90 > 2022-08-26 11:55 | Report Abuse

Up Up Up. OTW to RM1.50

Posted by NgWS90 > 2022-08-29 19:31 | Report Abuse

Nice. Moving strongly~

Posted by cherry88 > 2022-08-29 22:29 | Report Abuse

Malacca Securities upgraded its TP from RM1.51 to RM1.94 within 3 days ! The main upgrade was it expect the company to double its profit from RM25mil in FY2021 to RM48mil in FY2024. It is rather difficult to find a company which can double its profit within next 3 years....Share price could be doubled easily within next 1 or 2 years too. Please advise me if you can find other similar companies can match SCOMNET performance.

Posted by NgWS90 > 2022-08-30 23:14 | Report Abuse

Hooray. GJ, Scomnet. Happy Hari Merdeka !!

Posted by yesyesyes > 2022-09-01 09:53 | Report Abuse

jgn jual kat 1.49 . i dah miss nboat .. harap2 kamu jgn miss ..

Posted by NgWS90 > 2022-09-01 14:05 | Report Abuse

Congrats to those who got it at RM1.10 something. Very good return

Posted by SMInvest > 2022-09-01 21:01 | Report Abuse

NgWS90@ hold tight for long term

Posted by NgWS90 > 2022-09-02 16:57 | Report Abuse

Normal profit-taking activity occur on Friday ba...

@SMInvest That's right. Hehe

Posted by bullrun1985 > 2022-09-05 10:52 | Report Abuse

scomnet heavy selling today

Posted by NgWS90 > 2022-09-05 11:55 | Report Abuse

Yupe...If your margin of safety is quite high, don't worry about it ba

Posted by yesyesyes > 2022-09-05 15:32 | Report Abuse

MA200 pecah dohhh .. aduiii

Posted by bullrun1985 > 2022-09-05 15:45 | Report Abuse

where is MA200?

Posted by NgWS90 > 2022-09-06 11:59 | Report Abuse

MA200 is at RM1.55 I think...

Posted by pcyee56 > 2022-09-06 14:13 | Report Abuse

https://klse.i3investor.com/web/blog/detail/savemalaysia/2022-09-06-story-h1628935945-Govt_to_establish_National_SDG_centre

Posted by bullrun1985 > 2022-09-06 15:03 | Report Abuse

RM1.55 still far away, I thought support broken

Posted by yesyesyes > 2022-09-06 16:34 | Report Abuse

https://klse.i3investor.com/web/stock/chart/0001
yes , dah diri tegak balik .. ong marilah !

Posted by yesyesyes > 2022-09-06 16:45 | Report Abuse

lepai 1.53 , sky is the limit ? kakakaka..

Posted by moneymoneycom > 2022-09-06 17:05 | Report Abuse

https://www.youtube.com/watch?v=mRCwFCuCzhg

Posted by NgWS90 > 2022-09-07 15:59 | Report Abuse

Wait for the good news to come, especially going Main Board news ; )

Posted by NgWS90 > 2022-09-08 17:07 | Report Abuse

Nice. Will break RM1.50 again

Posted by NgWS90 > 2022-09-09 18:46 | Report Abuse

Breaking RM1.50. Nicela

Posted by bullrun1985 > 2022-09-09 20:25 | Report Abuse

1.55 is resistant, MA200?

Posted by NgWS90 > 2022-09-12 14:37 | Report Abuse

MA200 = RM1.50

Posted by bullrun1985 > 2022-09-13 10:48 | Report Abuse

strong support at MA200

Posted by NgWS90 > 2022-09-13 13:02 | Report Abuse

Yup. Look forward for Sconment to break the next resistance price

Posted by bullrun1985 > 2022-09-13 18:34 | Report Abuse

Where is the resistant line?

Posted by bullrun1985 > 2022-09-14 08:59 | Report Abuse

tp today 1.40

Posted by bullrun1985 > 2022-09-14 09:35 | Report Abuse

buy buy buy 1.44 done deal

Posted by NgWS90 > 2022-09-14 11:55 | Report Abuse

@bullrun 1985. Resistant line is at RM1.60 based on my indicator

Posted by yesyesyes > 2022-09-14 14:22 | Report Abuse

lari jgn x lari .. good luck all.