SUPERCOMNET TECHNOLOGIES BHD

KLSE (MYR): SCOMNET (0001)

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Last Price

1.30

Today's Change

+0.03 (2.36%)

Day's Change

1.27 - 1.30

Trading Volume

1,885,000


7 people like this.

4,401 comment(s). Last comment by NgWS90 16 hours ago

bullrun1985

1,271 posts

Posted by bullrun1985 > 2022-09-14 14:56 | Report Abuse

@NgWS90 1.50 broken liao, meaning 1.50 become resistant line

NgWS90

354 posts

Posted by NgWS90 > 2022-09-15 12:12 | Report Abuse

@ bullrun1985. RM1.50 becomes a support line actually

NgWS90

354 posts

Posted by NgWS90 > 2022-09-19 11:17 | Report Abuse

Steady movement above RM1.50. Nice~

NgWS90

354 posts

Posted by NgWS90 > 2022-09-20 11:52 | Report Abuse

It will break RM1.60 once the news of the company going main board being announced

cherry88

975 posts

Posted by cherry88 > 2022-09-21 16:03 | Report Abuse

break RM1.60...toward RM2.00 soon....get ready

Top Gun

65 posts

Posted by Top Gun > 2022-09-21 19:22 |

Post removed.Why?

Posted by TerrenceLim > 2022-09-22 07:16 | Report Abuse

Got good news

Secure main market transfer already

And new client in France

songjoseph

254 posts

Posted by songjoseph > 2022-09-22 08:43 | Report Abuse

Aiyo !! ni uncle "Man" mari lagi...
fong sui not good

NgWS90

354 posts

Posted by NgWS90 > 2022-09-22 11:55 | Report Abuse

Superb. Breaking RM1.60 even before the announcement of the company going main board.

Posted by kwcheong3888 > 2022-09-22 16:09 | Report Abuse

Terrence, where you get the news?

NgWS90

354 posts

Posted by NgWS90 > 2022-09-23 15:16 | Report Abuse

I was curious as well. Where to get the source? @ Terrence

cherry88

975 posts

Posted by cherry88 > 2022-09-25 11:06 | Report Abuse

https://youtu.be/oILalWubo0Q

cherry88

975 posts

Posted by cherry88 > 2022-09-25 12:32 | Report Abuse

@NgWS90, no secret lah. It is Stellantis for Peugeot fuel tank and wire hardness. Just completed the final product audit. Mass production starts in Oct. Estimated additional sales of RM70mil per year (in FY2023) with net profit of RM10mil (net profit margin of 15%) from this division only. So, you guys do your own math of the rest of division for FY2023 profit growth....

NgWS90

354 posts

Posted by NgWS90 > 2022-09-26 15:30 | Report Abuse

Ok. Thanks, cherry 88. Thought they had announced officially already and I missed it

nelsonlim

696 posts

Posted by nelsonlim > 2022-09-27 10:48 | Report Abuse

can scomnet pullback.... potential winner seriously if giving a pullback

nelsonlim

696 posts

Posted by nelsonlim > 2022-09-27 16:06 | Report Abuse

scomnet to the moon. cannot wait ady lo fruitcake

cherry88

975 posts

Posted by cherry88 > 2022-09-27 16:06 | Report Abuse

Can't wait anymore....

nelsonlim

696 posts

Posted by nelsonlim > 2022-09-27 16:10 | Report Abuse

1.69 is the key la.... if can break then will head higher.

nelsonlim

696 posts

Posted by nelsonlim > 2022-09-27 16:20 | Report Abuse

forceful. so US market kasi gogogogo tonight then we will have more force. SP500 3730- 3750 lets goooo

songjoseph

254 posts

Posted by songjoseph > 2022-09-27 18:25 | Report Abuse

dear investortrader88, don't need to tell or rather show off here. i am very happy for you yet to make a good profit. Many here i believed also been keeping this counter long and cheap also. is good that we need to be prudent and humble. some make profit and some may making lost. do care for others feeling too. this is just my opinion . if i offended you, would like to say sorry first.

NgWS90

354 posts

Posted by NgWS90 > 2022-09-29 12:02 | Report Abuse

Nice TP from TA Research

osk023

1 posts

Posted by osk023 > 2022-09-29 17:26 | Report Abuse

0001 seems good

fruitcake

714 posts

Posted by fruitcake > 2022-10-04 10:43 | Report Abuse

just beautiful. ride on the cross

NgWS90

354 posts

Posted by NgWS90 > 2022-10-04 13:46 | Report Abuse

Good good. Otw to TA research de tp

s3phiroth

305 posts

Posted by s3phiroth > 2022-10-04 14:20 | Report Abuse

huge roadblock ahead! Sell now or never!

fruitcake

714 posts

Posted by fruitcake > 2022-10-04 14:30 | Report Abuse

roadblock? JPJ or PDRM? hahaha

fruitcake

714 posts

Posted by fruitcake > 2022-10-05 11:03 | Report Abuse

coffee break

NgWS90

354 posts

Posted by NgWS90 > 2022-10-06 11:28 | Report Abuse

The one who doesn't commit speed drive or drink and drive will just wait for the roadblock to be clear and then move on

Michael Kwok

6,054 posts

Posted by Michael Kwok > 2022-10-11 22:14 | Report Abuse

Scomnet sell call rm 1.57-rm 1.60
Tp below rm 1
11/10/2022 10.13pm

James_Bond

2,292 posts

Posted by James_Bond > 2022-10-12 16:30 | Report Abuse

Cash out and stay away from stock market! Go for a vacation now and you won’t regret!

NgWS90

354 posts

Posted by NgWS90 > 2022-10-17 13:57 | Report Abuse

Not so desperate... Once the announcement of it going to main board, it will go up again

Posted by kwcheong3888 > 2022-10-17 22:46 | Report Abuse

Sad, thought got chance can collect more in between 1.4-1.5

Posted by MJkoh168 > 2022-10-21 11:08 | Report Abuse

Taiwan Company ...... High Risk!

NgWS90

354 posts

Posted by NgWS90 > 2022-10-21 14:47 | Report Abuse

Back to RM1.60 soon

NgWS90

354 posts

Posted by NgWS90 > 2022-10-31 11:41 | Report Abuse

Good good. on the way to RM1.70 again

NgWS90

354 posts

Posted by NgWS90 > 2022-11-02 12:24 | Report Abuse

Nice momentum. Still waiting for the official announcement for Scomnet to go main board

bojed

5,064 posts

Posted by bojed > 2022-11-04 08:45 | Report Abuse

Its weekly chart looks promising.

Posted by wallstreetrookie > 2022-11-04 11:18 | Report Abuse

My healthcare top picks
1. Kotra Industries
2. Malaysian Genomics
3. Supercomnet

NgWS90

354 posts

Posted by NgWS90 > 2022-11-04 12:17 | Report Abuse

Nice price movement before Scomnet release their Q3 results

NgWS90

354 posts

Posted by NgWS90 > 2022-11-07 15:16 | Report Abuse

Rm10 million in earnings can be estimated from Scomnet's Q3 result I guess

cherry88

975 posts

Posted by cherry88 > 2022-11-07 21:53 | Report Abuse

Refer my comments 2 months ago...."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."

cherry88

975 posts

Posted by cherry88 > 2022-11-07 21:55 | Report Abuse

Extract from TA Research :
Robust Earnings Growth. We estimate Scomnet to register a profit growth of 51.5%40.6%/22.7% in FY22/FY23/FY24 driven by existing orders from Edward Lifesciences and Ambu. In addition, strong demand from Mermaid’s declotting device, new orders secured from Stellantis and maiden contribution from IHS are expected to boost earnings significantly over the next 3 years.

Preparing for the Future. To facilitate future growth, the group will proceed with a 5-storey building expansion. The 5-storey building will provide an additional 12,000 sqm and will take about 3 years to complete. The new plant will be GMP compliance and will cater for more medical products.

Transfer of Listing. The group has kicked off the necessary preparations for transfer of listing. We opined that the move will help to lift interest on the stock, especially from institutional funds (below 15% currently).

Reasonable Valuations. Scomnet is currently trading at 26.2x PER. We opine that our target PE of 32.0x is reasonable (in-line with its 5-years mean), considering that the peers are trading at 31-36x.

cherry88

975 posts

Posted by cherry88 > 2022-11-07 21:58 | Report Abuse

The immediate TP is between RM1.90 to RM2.00. The "boost" here is after the 3q results announcement by 30Nov and transfer to Main Board (dont know when loh)

cherry88

975 posts

Posted by cherry88 > 2022-11-08 09:25 | Report Abuse

@pang72, too bad...no more "dip"

NgWS90

354 posts

Posted by NgWS90 > 2022-11-08 12:48 | Report Abuse

Positive momentum continues

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