SCGM BHD

KLSE (MYR): SCGM (7247)

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Last Price

0.68

Today's Change

-0.015 (2.16%)

Day's Change

0.67 - 0.69

Trading Volume

223,800


13 people like this.

2,953 comment(s). Last comment by share4u888 4 days ago

ntygis

74 posts

Posted by ntygis > 2015-11-26 16:08 | Report Abuse

yes babe! keep moving!

Posted by Gainvestor10sai > 2015-12-09 20:07 | Report Abuse

Q result announced. Revenue up by 31% while net profit up by 58% comparing to the same Q2.

Posted by MoneyJoker > 2015-12-14 10:34 | Report Abuse

Tis one has bright future:)

TaurusGal82

1,204 posts

Posted by TaurusGal82 > 2015-12-17 22:10 | Report Abuse

Agreed~

Posted by Gainvestor10sai > 2015-12-21 13:14 | Report Abuse

http://gainvestor10sai.blogspot.my/2015/12/scgm-plastic-packaging.html
SCGM - Plastic Packaging with the theme of Strengthening USD and Lower Oil Price

TaurusGal82

1,204 posts

Posted by TaurusGal82 > 2015-12-23 12:26 | Report Abuse

3.18!!!

Posted by dfsbipohsch > 2015-12-23 18:28 | Report Abuse

close at 3.20

Posted by Gainvestor10sai > 2015-12-23 22:22 | Report Abuse

break the historical high with a blast~ merry christmas, all~

Doremen

6 posts

Posted by Doremen > 2015-12-24 08:08 | Report Abuse

Heihei I scarce no body will believe me if said something

Doremen

6 posts

Posted by Doremen > 2015-12-24 08:08 | Report Abuse

Heihei

Doremen

6 posts

Posted by Doremen > 2015-12-24 08:10 | Report Abuse

When I said topgliv can buy at the time of rm8plus,no body will listen,see now how much.too late too late

traderman

7,854 posts

Posted by traderman > 2015-12-24 08:12 | Report Abuse

Doremen, you only has 3 posts ... none your post related to topglove

are you talking to the air or you forgot login to another account ?

azhakha

11 posts

Posted by azhakha > 2015-12-28 08:28 | Report Abuse

will resistance be at 3.70 or 3.80?

Posted by MoneyJoker > 2016-02-11 12:11 | Report Abuse

Going down~~ waiting the best timing to buy

Posted by dfsbipohsch > 2016-02-16 14:33 | Report Abuse

Still very strong and support level shld be above 3.00 and wait for the coming QR

Gsport

5 posts

Posted by Gsport > 2016-03-07 14:00 | Report Abuse

no more volume??

Posted by Gainvestor10sai > 2016-03-10 21:40 | Report Abuse

Q3 results to be announced soon... lets hope for the best~

Posted by dfsbipohsch > 2016-06-02 23:44 | Report Abuse

SCGM coming as the QR will be out this month JUNE

Posted by dfsbipohsch > 2016-06-20 17:37 | Report Abuse

SCGM look like coming

Posted by dfsbipohsch > 2016-06-21 11:59 | Report Abuse

SCGM today very good and look like QR shld be very good too. Hope for the best

Posted by Carson Teor > 2016-06-21 14:34 | Report Abuse

the QR will be 20% better at least

Max Tan

90 posts

Posted by Max Tan > 2016-06-21 15:24 | Report Abuse

more dividend please

FourEyes

16 posts

Posted by FourEyes > 2016-06-21 15:28 | Report Abuse

3.8.....i hope

FourEyes

16 posts

Posted by FourEyes > 2016-06-21 15:29 | Report Abuse

3.8...i hope

FourEyes

16 posts

Posted by FourEyes > 2016-06-21 15:29 | Report Abuse

3.8.....i hope

FourEyes

16 posts

Posted by FourEyes > 2016-06-21 15:29 | Report Abuse

3.8...i hope

Posted by dfsbipohsch > 2016-06-21 16:19 | Report Abuse

hope more will come

Posted by Ken Choong > 2016-06-21 16:47 | Report Abuse

Come Come Come!

Posted by Carson Teor > 2016-06-21 18:02 | Report Abuse

results will be out 23rd this month

Posted by dfsbipohsch > 2016-06-21 18:16 | Report Abuse

that great QR will be out 23.06.16 and shld be very good as this is the 4th QR. V hope for the best. Everyone cheers with good dividend pay-out

Alex Cwc

13 posts

Posted by Alex Cwc > 2016-06-21 21:43 | Report Abuse

IR told me its 24th

Posted by dfsbipohsch > 2016-06-23 09:54 | Report Abuse

now at 3.58

Posted by dfsbipohsch > 2016-06-23 09:55 | Report Abuse

very strong and can go further before QR out this month either today or tow or next week

Max Tan

90 posts

Posted by Max Tan > 2016-06-23 10:45 | Report Abuse

aim next tp 3.80 than go to 4.00...that's perfect....

Posted by dfsbipohsch > 2016-06-23 11:08 | Report Abuse

that great and the QR shld be very good if can reach 3.80 and then 4.00

Posted by dfsbipohsch > 2016-06-23 17:48 | Report Abuse

Closing very good and hope more to come tow

Ckk2266

1,211 posts

Posted by Ckk2266 > 2016-06-23 18:08 | Report Abuse

Tomorrow gap down?

Posted by DarKLoRD888999 > 2016-06-23 18:51 | Report Abuse

Congrats to all act pro shareholder wakakaka

Posted by dfsbipohsch > 2016-06-23 23:33 | Report Abuse

LATEST NEWS, CORPORATE
SCGM's 4Q profit falls 33%, declares 2 sen dividend
By Kamarul Anwar / theedgemarkets.com | June 23, 2016 : 11:05 PM MYT
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Translated by Google Translator:
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KUALA LUMPUR (June 23): SCGM Bhd’s profit for the fourth quarter ended April 30, 2016 (4QFY16) fell by 32.61% year-on-year to RM3.46 million or 2.62 sen per share due to weaker ringgit, higher depreciation charges, and bigger finance costs. Revenue increased by 25.58% to RM32.49 million.

Its filing with Bursa Malaysia today said the top-line growth in the quarter was mainly due to higher sales demand in its plastic packaging products.

This is the first year-on-year drop in SCGM’s quarterly net profit since 3QFY13. Nonetheless, the company has declared its fourth interim single-tier dividend of two sen a share in the quarter, bringing the full-year dividend to 12 sen per share.

SCGM’s FY16 net profit was up by 30.65% year-on-year to RM20.19 million or 16.16 sen a share due to higher sales. Its revenue for the year came to RM133.51 million, 25.2% higher from the previous corresponding year’s RM106.63 million.

“The group has secured 110 new domestic customers as well as 19 new overseas customers during the financial year, which spurred the demand for new sales. In addition, higher demand for our existing customers contributed to the significant increase in group’s turnover,” said SCGM.

It said it is confident its performance will be on a steady growth in FY17, despite challenging times ahead. The discouragement use of polystyrene foam will increase demand from its customers who sought other alternatives to enhance their product mix such as lunchboxes.

“[The] introduction of our new two-coloured extrusion machine and press forming machine will further contribute significantly to the overall group earnings,” SCGM added.

The stock has jumped by over 16% in just a week. Today, it closed 17 sen or 4.94% higher at RM3.61, with a volume of 666,600.

SCGM is valued at RM476.52 million, or 22.34 times its FY16 earnings.

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albert88

40 posts

Posted by albert88 > 2016-06-24 08:53 | Report Abuse

Why no buyer queue for SCGM, only lot of seller queue.
Scary this SCGM.
Buyer only waiting below RM3.

Ckk2266

1,211 posts

Posted by Ckk2266 > 2016-06-24 09:29 | Report Abuse

OMG...Diving!

Up_down

4,361 posts

Posted by Up_down > 2016-06-24 09:38 | Report Abuse

Share price is grossly over hyped with more than PER 20x in its valuation.

Posted by dfsbipohsch > 2016-06-27 10:53 | Report Abuse

this counter seem ok and not much drop

TaurusGal82

1,204 posts

Posted by TaurusGal82 > 2016-06-28 11:48 | Report Abuse

3.53 now~

Posted by dfsbipohsch > 2016-06-28 11:57 | Report Abuse

BRIEFING NOTE - SCGM Bhd
Author: MalaccaSecurities | Publish date: Mon, 27 Jun 2016, 10:10 AM

Results Update
SCGM BHD recorded a lower 4QFY16 net profit of RM3.5 mln vs. Tm5.1 mln in 4QFY15. Revenue for the quarter, however, rose 25.6% Y.o.Y to RM32.5mln.

For FY16, cumulative net profit grew 30.6% Y.o.Y to RM20.2mln, while revenue for the period increased 25.2% Y.o.Y to RM133.5mln, which comprises of 52.9% and 47.1% in local and export sales respectively.

Future Plan
Will invest RM113.8mln in capex over the next three years for a new manufacturing facility–source of the said amount would come from internally generated funds, bank borrowings and capital markets. Meanwhile, the new manufacturing facility would be built on a new 7.8ac. land in Kulai, Johor and SCGM will see the addition of new machineries such as eight thermoforms, four extrusions and a cup machine.This will increase the extrusion capacity by 194.0% to 49.5mln kg per annum vs.16.8mln kg on a year.

Investment Highlights
SCGM is an established leader in the thermo-form packaging with strong brand name locally and globally. Also, it has an extensive variety of thermo-form packaging with a recession proof customer base. Valuationwise, the company’s current PER valuation of 21.3x is significantly higher than its 5-year average PER of 11.8x.

Meanwhile, the company has a dividend policy of at least 40.0% from the group’s net profit. For FY16, SCGM declared its fourth interim dividend of 2.0sen per share, payable on 27thJuly2016, bringing its total dividend to 10.0sen. The company is still in a net cash position, whileits FY16 net asset stood at RM0.84 per share, which translates into a 37.7% Y.o.Y gain (from RM0.61 in FY15), mainly attributable to the private placement exercise and excess net operating cash flow.

Source: M+ Online Research - 27 June 2016

Posted by dfsbipohsch > 2016-06-28 12:04 | Report Abuse

BRIEFING NOTE - SCGM Bhd
Author: MalaccaSecurities | Publish date: Mon, 27 Jun 2016, 10:10 AM

Results Update
SCGM BHD recorded a lower 4QFY16 net profit of RM3.5 mln vs. Tm5.1 mln in 4QFY15. Revenue for the quarter, however, rose 25.6% Y.o.Y to RM32.5mln.

For FY16, cumulative net profit grew 30.6% Y.o.Y to RM20.2mln, while revenue for the period increased 25.2% Y.o.Y to RM133.5mln, which comprises of 52.9% and 47.1% in local and export sales respectively.

Future Plan
Will invest RM113.8mln in capex over the next three years for a new manufacturing facility–source of the said amount would come from internally generated funds, bank borrowings and capital markets. Meanwhile, the new manufacturing facility would be built on a new 7.8ac. land in Kulai, Johor and SCGM will see the addition of new machineries such as eight thermoforms, four extrusions and a cup machine.This will increase the extrusion capacity by 194.0% to 49.5mln kg per annum vs.16.8mln kg on a year.

Investment Highlights
SCGM is an established leader in the thermo-form packaging with strong brand name locally and globally. Also, it has an extensive variety of thermo-form packaging with a recession proof customer base. Valuationwise, the company’s current PER valuation of 21.3x is significantly higher than its 5-year average PER of 11.8x.

Meanwhile, the company has a dividend policy of at least 40.0% from the group’s net profit. For FY16, SCGM declared its fourth interim dividend of 2.0sen per share, payable on 27thJuly2016, bringing its total dividend to 10.0sen. The company is still in a net cash position, whileits FY16 net asset stood at RM0.84 per share, which translates into a 37.7% Y.o.Y gain (from RM0.61 in FY15), mainly attributable to the private placement exercise and excess net operating cash flow.

Source: M+ Online Research - 27 June 2016

Posted by dfsbipohsch > 2016-06-28 17:56 | Report Abuse

today close at 3.55 and hope tow will go up again since DOW futures jump 200 points as global markets steady after Brexit selloff

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