SCOPE INDUSTRIES BHD

KLSE (MYR): SCOPE (0028)

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Last Price

0.145

Today's Change

-0.005 (3.33%)

Day's Change

0.14 - 0.15

Trading Volume

7,046,200


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1,881 comment(s). Last comment by cbkia4896 1 month ago

zhangliang

728 posts

Posted by zhangliang > 2017-03-13 10:45 | Report Abuse

new high! 22 sens. Have to break out of 22.5!

B4b4

7,583 posts

Posted by B4b4 > 2017-03-13 17:19 | Report Abuse

Scope Industries , the good reasons for buy and keep long term are 1. Zero debts 2. Trade receivables and payables almost zero , 3. Revenue and profit very consistent , 4. Rubber price very strong uptrend, 5. CPO price also improve strongly , 6. E&E components and products very good sales. And finally, cash balance jumped from RM 4.4 m to RM 9.6 m within 6 months !

B4b4

7,583 posts

Posted by B4b4 > 2017-03-13 17:29 | Report Abuse

Share capital is RM 55.5m , reserves is RM 56 m ! Scope Ind has great potential for growth due to very good reserves. The reserves much more than the capital.

zhangliang

728 posts

Posted by zhangliang > 2017-03-13 22:07 | Report Abuse

yes agree! nice one. Your rationale in line with Tradeview article too. I think definitely more to go

B4b4

7,583 posts

Posted by B4b4 > 2017-03-14 13:46 | Report Abuse

An excellent stock to buy and keep long term. Well manage by experienced CEO and a team of directors. Zero in borrowings, sales volume very good too. Highly profitable business which saw the cash balance increased by 118 % in 6 months.

zhangliang

728 posts

Posted by zhangliang > 2017-03-14 17:14 | Report Abuse

time to break. I am looking for it to hit 25 sens!

B4b4

7,583 posts

Posted by B4b4 > 2017-03-15 05:50 | Report Abuse

zhangliang, good morning. E&E manufacturing division is doing very well . CPO prices increased by 20% as compared to last year. Scope Ind will be a good buy .

B4b4

7,583 posts

Posted by B4b4 > 2017-03-15 11:02 | Report Abuse

A good stock with zero-borrowings, good cash flow, very prudent in spending, very small expenses and now cpo prices on the uptrend due to better demand. Buy and keep and wait because Tp short term 25-30s , maybe dividend coming otw, maybe bonus too. Scope Ind is a jewel in the small cap

zhangliang

728 posts

Posted by zhangliang > 2017-03-15 11:26 | Report Abuse

hi b4b4, i think today profit taking. the director also buying back past few days few hundred thousand shares. Definitely can go to 25 sens one.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0028

B4b4

7,583 posts

Posted by B4b4 > 2017-03-15 11:37 | Report Abuse

Yes, profit taking but volume very very small. Good stocks , normally people buy to keep long term.

B4b4

7,583 posts

Posted by B4b4 > 2017-03-16 08:58 | Report Abuse

The good news is CPO demand is up. CPO prices also up. Scope Ind will have better revenue and more profit. This will increase the cash flow further.

B4b4

7,583 posts

Posted by B4b4 > 2017-03-16 15:50 | Report Abuse

Scope Ind has good cash flow from daily operations. No need borrowings to do daily operations

B4b4

7,583 posts

Posted by B4b4 > 2017-03-17 08:08 | Report Abuse

With good cash balance of RM 9.6m, Scope Ind can utilised it for future development. Cash flow from operating activities simple shows that the company can generate its own cash from daily activities without borrowings or loans or bonds. Buy, keep and wait for good dividends soon.

Ukra

103 posts

Posted by Ukra > 2017-03-17 14:49 | Report Abuse

Jeng jeng jeng

ttaniges

76 posts

Posted by ttaniges > 2017-03-17 17:01 | Report Abuse

Director and sub- shareholder all buy.

B4b4

7,583 posts

Posted by B4b4 > 2017-03-20 12:50 | Report Abuse

Soon Scope Ind will move up. CPO price is good due to strong demand. E&E components and products are selling well too. Cash flow is strong and the company has good liquidity. Debts almost ZERO ! Cash balance in bank increased more than double , now at RM 9.6 m. Buy , keep for long term, tp short term is 30s

Posted by Saham Trader > 2017-03-20 18:53 | Report Abuse

i am watching this counter. hehe

goody99

1,796 posts

Posted by goody99 > 2017-03-21 10:03 | Report Abuse

does this company has a growth story? Wondering why directors buy...

B4b4

7,583 posts

Posted by B4b4 > 2017-03-21 10:25 | Report Abuse

goody99, yes , this company has a growth story. Revenue is growing so is the profit. Cash flow from operating activities is positive. Debts and borrowings is only RM 5k , can be considered as Zero -debts. Cash balance jumped from 4.4m to 9.6m . Trade receivables and payables are negligble. Check it out. They are planning to buy more land bank for crop cultivation.

B4b4

7,583 posts

Posted by B4b4 > 2017-03-21 14:20 | Report Abuse

More good news coming !

B4b4

7,583 posts

Posted by B4b4 > 2017-03-21 16:24 | Report Abuse

A very prudent company with very low overheads, administrative expenses very small, only 793 k for latest Qtr.

B4b4

7,583 posts

Posted by B4b4 > 2017-03-21 16:27 | Report Abuse

Three major customers that practically pays cash for their products. That is why the trade receivables for Scope Ind is so small !

B4b4

7,583 posts

Posted by B4b4 > 2017-03-22 10:03 | Report Abuse

CPO prices keep going up due to strong demand. Next Qtr , Scope Ind will have even better net profit.

zhangliang

728 posts

Posted by zhangliang > 2017-03-22 10:46 | Report Abuse

Amazing! Thanks so much to this counter....Thanks to Tradeview for the highlight article, B4b4 to promote.

B4b4

7,583 posts

Posted by B4b4 > 2017-03-22 11:38 | Report Abuse

Healthy trading for Scope today, a little bit of profit taking is normal and healthy. But Scope Ind has excellent business model, very simple and low expenses business. Lots of room for expansion with its growing cash cow. The CPO yield is good due to heavy rainfall. The CPO price is good too!

B4b4

7,583 posts

Posted by B4b4 > 2017-03-23 09:23 | Report Abuse

CPO prices keep going UP due to very strong demand ! Buy and keep long term, tp is 30s short term .

B4b4

7,583 posts

Posted by B4b4 > 2017-03-23 12:37 | Report Abuse

Good excellent stock, a small precious jewel among the rubbles, with Zero Borrowings and selling CPO to two major ready customers . The E&E components have one major ready customer. Collections are good too, with very small trade receivables! Good to buy LONG TERM, since this stock is a very safe and reliable company.

ttluck

769 posts

Posted by ttluck > 2017-03-23 17:24 | Report Abuse

y green and suddenly red ???

B4b4

7,583 posts

Posted by B4b4 > 2017-03-23 17:42 | Report Abuse

Profit taking , but only small volume. Nothing to worry, ttluck. Scope has simple business model with very small overheads and zero debts.

goody99

1,796 posts

Posted by goody99 > 2017-03-24 17:01 | Report Abuse

one director still buying... at 0.255 and 0.26

B4b4

7,583 posts

Posted by B4b4 > 2017-03-25 20:58 | Report Abuse

Yes, you are correct. Many directors have bought many shares for the past few weeks. Even the warrant , many shares were bought taking on the sellers aggressively. Business for Scope is good.

muknike

201 posts

Posted by muknike > 2017-03-26 16:37 | Report Abuse

What is tp for scope..

B4b4

7,583 posts

Posted by B4b4 > 2017-03-27 20:01 | Report Abuse

Tp for scope should be impressive since it is on the uptrend mode. CPO prices now is far better than the last few years. Demand is increasing from India especially. Crop yield is good due to excellent weather conditions. E&E sales had been consistent lately.

B4b4

7,583 posts

Posted by B4b4 > 2017-03-29 06:39 | Report Abuse

Scope Ind core business is E&E components and products. With zero-debts and a good cash balance, it will move uptrend .

B4b4

7,583 posts

Posted by B4b4 > 2017-03-30 08:46 | Report Abuse

Scope Industries is an excellent company, very prudent in spending with very little administrative expenses and low overheads. Revenue keep on increasing , profit went up too. Ready three major customers who paid cash to Scope. Good for long term investment.

B4b4

7,583 posts

Posted by B4b4 > 2017-03-31 13:19 | Report Abuse

Scope Industries is moving Up

B4b4

7,583 posts

Posted by B4b4 > 2017-04-03 11:03 | Report Abuse

Buy and keep . An excellent stock with good businesses in plantation and electronics . Cash level increased from RM 4.4m to 9.6 m in only 6 months.

B4b4

7,583 posts

Posted by B4b4 > 2017-04-04 14:09 | Report Abuse

CPO prices gone up due to stronger demand. Scope industries is a good stock to buy and add to your portfolio

ttaniges

76 posts

Posted by ttaniges > 2017-04-05 09:24 | Report Abuse

Bought at 0.225 and still waiting..

Posted by Saham Trader > 2017-04-05 17:42 | Report Abuse

i am watching this counter. trust me. this counter will shoot up high as soon as fs done. i am expecting this counter to move later this week or early next week. time to buy more and more.

B4b4

7,583 posts

Posted by B4b4 > 2017-04-06 13:03 | Report Abuse

CPO price jumped by 3.15% yesterday, production also jumped by 10% for March. Good time to buy Scope.

Posted by stanley984 > 2017-04-06 15:45 | Report Abuse

just step into this underdog family!!!

Posted by Saham Trader > 2017-04-06 18:08 | Report Abuse

i am adding this counter. put this counter in your watchlist.

KUCIMIAO

141 posts

Posted by KUCIMIAO > 2017-04-10 22:34 | Report Abuse

Mari lah Mari..:)

ttaniges

76 posts

Posted by ttaniges > 2017-04-14 10:49 | Report Abuse

Why the sudden drop?

Posted by Saham Trader > 2017-04-17 21:00 | Report Abuse

i am adding this counter tomorrow. put this in your watchlist one more time.

B4b4

7,583 posts

Posted by B4b4 > 2017-04-19 19:11 | Report Abuse

I am still buying this stock. Very prudent company with zero borrowings

B4b4

7,583 posts

Posted by B4b4 > 2017-04-20 17:30 | Report Abuse

Very few movements here today. Just be extra patient. It will go up soon since the E&E is doing well

B4b4

7,583 posts

Posted by B4b4 > 2017-04-21 13:25 | Report Abuse

Palm oil price is turning around. Now the price is moving UP. Scope has good potential for growth. Good revenue and net profit in the latest Qtr results. Buy and invest.

B4b4

7,583 posts

Posted by B4b4 > 2017-04-21 13:43 | Report Abuse

Scope , zero-debts, net cash flow from operating activities is RM 5.684 m. Cash in bank 9.6m

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