The new capacity, with a total investment cost of about RM16 million, is expected to commence operation in July 2022. It will be funded by working capital raised from its recent rights issue, which raised RM64.81 million.
ONE past prediction doesnt make rights of the future. yes look at dnex BUT what bout ur past comments/predictions on others that got stuck or hasnt move not forgetting those drop even more? ^^ ps: dont another few years only quote ur words back in the future laaaaa. wonder why tis tactic still works lol. if u steady, put a time frame to ur predictions my fren ^^ Dont throw a net in the sea then see what u catches instead, throw a rod and says what fish u will catch/how long it takes. meow
Scope should have half palm oil and half electronic components manufacturer, it should run like Dnex which also has half semiconductor(electronic) and half oil...
Trading business related to inventec? as far as I know only the manufacturing business has dealing with inventec. But again, I could be wrong but really cannot find any other information on Scope global pte. ltd. No fb, no insta, no website also.
palm oil stock all shoot up , But Scope price never moves !!! (As at 30 June 2021, total plantation land stands at approximately 1,736 hectare of which 87.3% or 1,516 hectare are planted with oil palms. As at 30 June 2021, all of the planted area comprise of mature trees. The average yield for this year was lower at 8.37MT/hectare compared to 9.87MT/hectare in the previous year.)
I guess eventually it will move as the major shareholders may not want to sell their plantation land anymore. CPO today is RM 7.2k. With higher orders for electronics segment, i think quarter results will be satisfactory. So just be patient.
scope is knows for its electronics segment rather than plantation, public might forget they have huge plantation land in east malaysia. with CPO pricing going up, commissioning of new factory, overflowing electronic orders due to lockdown from china. this coming Q result and next Q result should be higher y-o-y. however, the higher labour and raw material cost wont wash away the profit margin
Yes positive, their business should be safe n sound too (plantation, electrical & ems).. But the mgt must work smarter and do more on IR coverage / shares /biz image promotion....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....