Posted by Meng > 2017-03-16 12:07 | Report Abuse

Current quarterly result doesn't give any surprise is reasonable. If you trace back the news few months before, you will find the clue that this quarterly result will not get you any surprise.

What make the investors excited to the company is that the demand of the lunch box getting higher recently, the sales is constantly increase over the time. But let's look back what happened in the few months back:

At the early of 2016, the production lines almost reach the maximum capacity, the company has decided to expand the business by constructing another factor to increase the capacity to 62 million kg per year which is 1.5 time increase from the existing capacity 25 million kg per year.

By the time the company looking for a place for the new factory, the company also decide to temporary rent a place near by, house the machine to increase the production to meet the demand before the new factory take place. The rented 20000 sqft factory was capable to increase the production capacity to 36 million kg per year which is 44% increase from existing capacity. By the time December 2016, the company mention that there are 1 extrusion machine and 1 thermo-forming machine operated in the rental factory, and the company plan to house 1 additional extrucsion machine and 3 thermo-forming machines in short term, meaning that in Dec, the rental factory is only have 1/3 of it's full capacity. In Feb 2017, the company mention that the production capacity already reach 33 million kg per year, which is 92% of the total capacity (36 million kg per year).

The latest report is for the quarter between Nov 16 and Jan 17, which the rental factory have yet been fully utilized. For the next quarterly report, we shall see the true result that the company can perform with the current facilities.

Meanwhile, the company did mention to increase the sales price by 10% effective on 20 Dec 2016. By that time, the company's orders backlog was 2 months, meaning that the customer order today will get the product ready to deliver after 2 months. So the 10% increase in sales price should be only will affect the revenue 2 months later which is Feb 2017. Although the increasing of the production capacity may affect the orders backlog, but i believe that in the current quarter report that didn't affected much.

Personally, i will hold it for now and wait for next quarter result. Current PE is a just too high. And should not expect too much in dividend since the company need money for the new factory

Posted by Joblessrich > 2017-03-16 12:52 | Report Abuse

Meng, very good write up. Thank you.
I will hold and add if price weakens

Posted by Hui Xin Sim > 2017-03-16 13:00 | Report Abuse

good understanding meng... 4.21 and above is my target.. chill la.. this stock is steady... most importantly.. this company able to transfer the cost of increase resin to the customer... margin of profit so far so good.. and better than many of its peers.... i am holding since 2.98 hehe.. plan to keep for many years..

Posted by stockmanmy > 2017-03-16 13:21 | Report Abuse

meng is an IB analyst or works inside.

Posted by stockmanmy > 2017-03-16 13:22 | Report Abuse

this share will pay you.

Posted by Meng > 2017-03-16 15:20 | Report Abuse

im just an ordinary investor like you stockmanmy. i follow and read all related news from the company, you can read some from the comments above too.

Posted by Joblessrich > 2017-03-16 18:36 | Report Abuse

Meng,
Any relation to Lee Hock Meng ?

Posted by Meng > 2017-03-16 22:01 | Report Abuse

if I have any relationship with him, I think I won't have the stupid idea to sell all my scgm shares back in 2014.. I'm truly regret on my decision. Now I'm one of the long term share holder in the company won't simply let go of the share anymore.

Posted by Joblessrich > 2017-03-17 22:28 | Report Abuse

Thank you, Meng.
This is a good time for me to cummulate more.
I believe, this company will do well for the next few years.

Posted by LAIZHENGLIT > 2017-03-21 04:27 | Report Abuse

Did any huy know, the cost of resin is derived from U.S Dollar or MYR?

Posted by RainT > 2017-03-22 12:48 | Report Abuse

Usd

Posted by Joblessrich > 2017-03-28 18:12 | Report Abuse

Thank you to the bosses of SCGM.

Posted by dfsbipohsch > 2017-03-31 11:05 | Report Abuse

Plastics, packaging players to gain from capacity expansion
March 30, 2017, Thursday Adrian Lim, adrianlim@theborneopost.com

KUCHING: Plastics and packaging manufacturers are poised to benefit from their capacity expansion to enhance their revenue growth over the long-term.
The research arm of Kenanga Investment Bank Bhd (Kenanga Research) in a report yesterday said their expansions across the sector will continue to drive top-line growth in the long run.
Elaborating further, the research firm said one of the companies under its coverage, SLP Resources Bhd (SLP Resources) is expected to continue with its capacity expansion plan.
“The company is planning a new manufacturing facility to increase capacity by 58 per cent to 38,000 metric tonne (MT) by financial year 2018 (FY18) and targeting to penetrate the Chinese market in the future,” it explained in a note.
Meanwhile, another packaging company SCGM Bhd (SCGM) is renting a 20,000 square feet (sqft) facility in Kulai, Johor to house two new extrusion machines, thus increasing the company’s capacity production by 44 per cent to 36,000 MT per year in financial year 2017 (FY17) ending April 2017.
The company’s longer-term expansion plans include a new plant targeted for completion in FY19 ending April 2019 which will boost production capacity by an additional 74 per cent to 62,600 MT per year.
Furthermore, Scientex Bhd (Scientex) continued to ramp up its operations with additional capacity production at its Rawang plant and Ipoh plant by the second half of financial year 2017 (2HFY17) ending July 2017.
Scientex has also invested in a new plant in the US due in the second half of 2018 (2H18) to boost the group’s capacity and sales.
“Another company, Thong Guan Industries Bhd (Thong Guan) is constantly investing in capacity expansion and research and development (R&D) to improve sales and profit margins on existing products as well as revamping its customer base to target more multinational corporations (MNCs),” it added.
“As a result, the continued expansions by plastics and packaging manufacturers should ensure their long-term earnings growth beyond FY18.”
For the plastics and packaging manufacturers financial results for FY17 and FY18, the research firm expects strong earnings growth of 25 per cent and 33 per cent for SLP Resources, 26 per cent and 29 per cent for SCGM, 18 per cent and 19 per cent for Scientex and 12 per cent and 14 per cent for Thong Guan.
Owing to the steady expansion plans backed by strong demand for plastic products, Kenanga Research believed the plastics and packaging manufacturers are going to register strong earnings growth in the future supported by more sales from increased production.
Besides that, the research firm maintained its bullish outlook on the sector due to favourable macroeconomic fundamentals.
“The plastics and packaging sector will continue to remain resilient in the near term driven by resilient demand, allowing plastic packagers under its monitoring to embark on robust capacity expansion over the next one to two years, and product innovation, translating to strong double-digit earnings growth in FY17-18,” it said.
The prospects of the sector remain strong supported by the weak ringgit environment and low resin cost which it has accounted for in its earnings estimates for plastics and packaging manufacturers under its coverage, allowing the sector to thrive on positive market sentiment.

http://www.theborneopost.com/2017/03/30/plastics-packaging-players-to-gain-from-capacity-expansion/

Posted by Billionaire_Dreamer > 2017-04-06 23:08 | Report Abuse

TQ, SCGM!!!!!! Keep Going Up!!!!

Posted by stockmanmy > 2017-04-06 23:10 | Report Abuse

This I am looking at $ 6 to $8 by year end.

Posted by stockmanmy > 2017-04-06 23:11 | Report Abuse

My cost is below $ 3.

Posted by Billionaire_Dreamer > 2017-04-06 23:16 | Report Abuse

i bought 2.89

Posted by Joblessrich > 2017-04-12 21:43 | Report Abuse

When will the other states ban the Styrofoam lunch boxes ?
It will drive the company share higher.... cheers

Posted by stockmanmy > 2017-04-12 22:07 | Report Abuse

looking at $6 to $8 by then.

Posted by njue76 > 2017-04-17 20:03 | Report Abuse

1 Jun 17...Perak start banned polystrine

Posted by Joblessrich > 2017-04-17 22:05 | Report Abuse

@njue76. Thank you very much

Posted by dfsbipohsch > 2017-04-29 08:20 | Report Abuse

SCGM proposes 1-for-3 share bonus issues
April 28, 2017 21:13 pm MYT

KUALA LUMPUR (April 28): Thermos-vacuum form plastic packaging manufacturer SCGM Bhd has proposed a bonus issue of 48.4 million new shares on the basis of one bonus share for every three existing shares, to reward shareholders.
In a filing with Bursa Malaysia today, SCGM also proposed a bonus issue of 19.36 million warrants on the basis of two free warrants for every 15 existing share.
The illustrative exercise price for the three-year tenure warrant is RM4.05, which represents a premium of about 29.39% to the theoretical ex-bonus price of RM3.13 per share, based on the five days-weighted average market price of SCGM shares up to and including April 27 this year.
Full exercise of these warrants are estimated to be capable to raise some RM78.4 million, which would be utilised as additional working capital for SCGM’s daily operation.
SCGM’s current share base is 145.2 million shares, and will enlarge to 193.60 million shares, subsequent to the bonus issue of new shares.
The group’s share base would expand up to 212.96 million shares, assuming full exercise of all warrants.
These two corporate exercises require shareholders’ approval, and is expected to be completed within two months.
SCGM’s share price fell four sen or 0.98% to close at RM4.05 today, giving it a market capitalisation of RM588.06 million. Year-to-date, the counter has risen 20.5%.
http://www.theedgemarkets.com/article/scgm-proposes-1for3-share-bonus-issues

Posted by Joblessrich > 2017-04-29 12:27 | Report Abuse

Very happy with this surprised bonus. Will hold and add.
Wait for Perak to ban polystyrene lunch boxes in June 2017.
Wait for Johor to ban Polystyrene lunch boxes in Jan 2018.

Posted by dfsbipohsch > 2017-05-02 12:15 | Report Abuse

SCGM Berhad - Proposes Bonus Issue and New Warrants
Date: 02/05/2017
Source : PUBLIC BANK

SCGM has proposed to undertake two corporate exercises, a bonus and a new warrant issue, to increase trading liquidity and raise new capital for the group. It plans to issue 48.4m new shares on the basis of one bonus share for every three existing shares held and also 19.3m warrants on the basis of two free warrants for every 15 existing shares held. We welcome the move as both exercises resolve the current thin liquidity issue and also strengthen its balance sheet for working capital purposes in the future. Pending the completion of both exercises, we continue to rate the company with an Outperform call and TP of RM4.26.
• Issuance of 1-for-3 bonus issue. Management has proposed a bonus issue of 48.4m new shares on the basis of one bonus share for every three existing shares held. Given the positive prospects, we believe the higher liquidity could boost share prices.
• Issuance 2-for-15 new warrants. It also plans to issue 19.3m warrants on the basis of two free warrants for every 15 existing shares held. The warrants will have a tenure of three years, exercisable any time during the period. The proposed issuance of warrants is expected to raise about RM70-80m in gross proceeds upon full exercise, and will will be used to finance its additional working capital especially when the new manufacturing plant in Kulai is operational.
• Subject to approvals. Both corporate exercises are subject to the approvals of i) Bursa Malaysia and ii) shareholders at an extraordinary general meeting. Both proposals are expected to be completed by 2H 2017.
• Valuation impact. While the proposed issuance of new warrants will dilute its EPS in the near-term, it will nevertheless be cushioned by the additional earnings contribution from the new manufacturing plant in Kulai, which is expected to increase its extrusion capacity from 36m kg/year to 62.6m kg/year. The plant is expected to be operational by June 2019. The market price and our target price will be adjusted accordingly post the bonus issue meanwhile.

Source: PublicInvest Research - 2 May 2017

Posted by njue76 > 2017-05-11 15:08 | Report Abuse

4.20-4.35...tunggu q1 baru 4.40-4.60

Posted by njue76 > 2017-06-03 15:35 | Report Abuse

Q3

Posted by dfsbipohsch > 2017-06-06 16:00 | Report Abuse

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES SCGM BHD (SCGM OR COMPANY) (I) PROPOSED BONUS ISSUE OF SHARES; AND (II) PROPOSED BONUS ISSUE OF WARRANTS COLLECTIVELY, THE "PROPOSALS")

SCGM BHD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description SCGM BHD (SCGM OR COMPANY)

(I) PROPOSED BONUS ISSUE OF SHARES; AND

(II) PROPOSED BONUS ISSUE OF WARRANTS

COLLECTIVELY, THE "PROPOSALS")
Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the earlier announcement in relation to the Proposals dated 28 April 2017.

On behalf of the Board, M&A Securities wishes to announce that the additional listing application and the draft circular in relation to the Proposals has been submitted to Bursa Securities.



This announcement is dated 23 May 2017.





Announcement Info
Company Name SCGM BHD
Stock Name SCGM
Date Announced 23 May 2017
Category General Announcement for PLC
Reference Number GA1-23052017-00058

Posted by dfsbipohsch > 2017-06-06 16:05 | Report Abuse

SCGM: “Sure Can” Growth Model
Author: HauToInvest | Publish date: Mon, 5 Jun 2017, 07:51 PM

When we consume packaged food and drinks, we seldom notice the manufacturers of the packaging and their businesses. SCGM Bhd (SCGM:KLS, stock code: 7247) are factories in Malaysia that process input materials such as PET, PP and transform them into consumer products in food packaging. SCGM is a very typical Malaysian founder-operated business that started almost from scratch to eventually listed in the main market in KLSE. Here is a nice corporate milestones captured from its annual report 2016.

http://klse.i3investor.com/blogs/hautoinvest/124726.jsp

Posted by dfsbipohsch > 2017-06-08 12:47 | Report Abuse

[SCGM] Change In Substantial Shareholder's Shareholding - KUMPULAN WANG PERSARAAN (DIPERBADANKAN) on 07-Jun-2017
Date of Change Type Number of Shares
05-Jun-2017 Disposed 12,900

Total no of securities after change
Direct (units) 6,024,650
Direct (%) 4.15
Indirect (units) 1,660,700
Indirect (%) 1.14
Total (units) 7,685,350
Total (%) 5.29
Date of Notice 07-Jun-2017

Posted by stockmanmy > 2017-06-08 12:51 | Report Abuse

buy sure no regret.

Posted by 8085208 > 2017-06-08 13:24 | Report Abuse

break b4 highest 1st

Posted by dfsbipohsch > 2017-06-18 16:47 | Report Abuse

[SCGM] Change In Substantial Shareholder's Shareholding - KUMPULAN WANG PERSARAAN (DIPERBADANKAN) on 16-Jun-2017
Stock [SCGM]: SCGM BHD
Announcement Date 16-Jun-2017
Substantial Shareholder's Particular:
Name KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
Address LEVEL 36, INTEGRA TOWER, THE INTERMARK 348, JALAN TUN RAZAK, KUALA LUMPUR 50400 Wilayah Persekutuan Malaysia.
Details of Changes:
Currency -
Date of Change Type Number of Shares
13-Jun-2017 Acquired 110,400
Registered Name KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
Registered Address LEVEL 36, INTEGRA TOWER, THE INTERMARK, 348 JALAN TUN RAZAK, 50400 KUALA LUMPUR.
Nature of Interest Indirect Interest
Shares 0
Reason ACQUISITION OF SHARES IN OPEN MARKET BY KWAP'S FUND MANAGER
Total no of securities after change
Direct (units) 6,024,650
Direct (%) 4.15
Indirect (units) 1,771,100
Indirect (%) 1.22
Total (units) 7,795,750
Total (%) 5.37
Date of Notice 15-Jun-2017

Posted by dfsbipohsch > 2017-06-22 21:42 | Report Abuse

SCGM - Another Set of Record Earnings
Date: 22/06/2017
Source : PUBLIC BANK
Stock : SCGM
Price Target : 4.26 | Price Call : BUY
Last Price : 4.12 | Upside/Downside : +0.14 (3.40%)

SCGM registered core earnings of RM23m for FY17, an increase of 15% YoY. The new level of record earnings was helped mainly by encouraging local sales in its food packaging products. The results were in line with our and consensus forecast. Sales from extrusion, medical and ‘others’ segment outperformed with a 74% YoY growth, spurred by additional production lines while the food & beverage segment grew 12.4% YoY. A fourth interim dividend of 2sen was declared for the quarter. Pending further management guidance from the analyst briefing this coming Friday, we maintain our Outperform call with an unchanged TP of RM4.26 based on 21x FY18 EPS.
• 4QFY17 revenue jumped 62.8% YoY. The Group registered an encouraging growth of 62.8% YoY to RM52.9m in 4QFY17 on the back of better plastic packaging product sales from local demand (+89.5% YoY) while the export sales market also grew (+24.9%). Local sales made up 68% during the quarter compared to 59% in 4QFY16. Thermoform lunchboxes was the key growth driver for the Group as it contributed about RM8m (3QFY17: RM10.3m, 2QFY17: RM2m, 1QFY17: RM1.4m), helped by the enforcement of the ban of polystyrene food boxes in several states, namely, Johor, Perak, Selangor, Melaka, KL and Penang.
• 4QFY17 core earnings (QoQ: -15%, YoY: +50%). Stripping out foreign exchange gains, the Group’s core earnings surged 50% YoY to RM5.1m in 4QFY17, mainly driven by improved sales from its plastic packaging products. Gross earnings margin fell from 15.4% to 12.3% however as operating expenses jumped 68.7% YoY attributed to an increase in resin cost, depreciation of property, plant and equipment, electricity cost and packaging materials.
• Setting higher standard for its products. Management has put in a new line of degradable food packaging in June. It also introduced environmentally-friendly degradable food packaging into the Malaysian market. Its “Benxon” brand of thermoform lunchboxes have started carrying the Eco-Label mark, which will make it a more competitive brand name in the overseas markets.
• Maintain Outperform call. We like the company for its i) recession-proof business, ii) substantial capacity expansion in the pipeline and iii) double digit growth in the biodegradable plastic packaging products for the next few years.
Source: PublicInvest Research - 22 Jun 2017

Posted by shpg22 > 2017-06-25 23:02 | Report Abuse

REDUCED...fair price at 3.40, P/E 20

Posted by stockmanmy > 2017-06-26 13:53 | Report Abuse

no idea why net margin is lower...but I am a buyer , not seller/

Posted by Meng > 2017-06-28 10:29 | Report Abuse

few factors include the resin price, inventories written down, taxation, etc.

Posted by dfsbipohsch > 2017-06-28 14:16 | Report Abuse

SCGM - Establishing A New Plant
Date: 28/06/2017
Source : PUBLIC BANK
Stock : SCGM
Price Target : 4.26 | Price Call : BUY
Last Price : 4.19 | Upside/Downside : +0.07 (1.67%)

We came away from SCGM’s analyst briefing last week with some encouraging updates. As expected, its degradable lunch boxes continue to receive strong response owing to the regulatory ban on polystyrene in Penang, Selangor and Federal Territory, which made up the bulk of its lunchbox sales. Apart from sharing on the benefits of being a silver sponsor in the upcoming SEA Games in August 2017, management also highlighted its plans to rent a 47,000 sq ft premise in Klang to produce lunch boxes to cater to the Klang Valley market. We continue to maintain our Outperform call with an unchanged TP of RM4.26 based on 21x FY18 EPS.
• Results round-up on FY17. All three core segments delivered decent growth during the quarter. Food & other packaging, which contributed more than 82% of the Group’s sales, posted 20.6% YoY growth driven by stronger sales volume in lunchboxes and cups. Electronic and extrusion, medical & others grew 16.3% and 57.2%, respectively. Local sales grew at a larger pace, up 56.4% (vs exports: +8.7% YoY) as the company added more local customers in FY17. At the cost of securing more market share however, EBITDA margin fell from 24.2% to 19.9% due to more competitive pricing.
• Resin cost normalising. In tandem with oil prices, average resin cost had risen from RM3.60/kg in November 2016 to an all-time high of RM4.70/kg in March before softening to the current level of RM4.10/kg. It expects to see some discounts given going forward, which will see its average selling price fall from RM8-9 kg/year to RM7-8 kg/year.
• Setting up a new plant in Klang soon. The company has rented a 47,000 sq ft plot of land in Telok Panglima Garang, Klang to house 4 thermoform machines and 2 extruders with a capacity of 5m kg/year. The total investment cost is about RM20m. The new plant, which will be fully commissioned in December 2017, will produce 800,000 lunch boxes/day (estimated revenue: RM40m) to cater mainly to the Klang Valley market and reduce transportation costs. On the progress of the construction of the new plant in Kulai which has an extrusion capacity of 62.6m kg/year, it is on track to be completed by December 2018. Upon completion, it will centralize all its existing production capacity to the new plant. In total, it will see a combined production capacity of 67.6m kg/year upon the completion of both plants.
• Outlook guidance. Management expects to see lower tax rate in FY18 on the back of reinvestment allowance and tax breaks as a silver sponsor of Malaysia’s SEA Games in August. It will contribute about RM0.5m cash and sponsorship of lunchboxes worth RM0.5m for the SEA Games athletes. Apart from enjoying exclusive marketing and branding rights during the SEA Games, it expects to see a spillover effect worth RM8-10m as it will rake in more than 7m lunchbox sales to more than 20,000 officials and volunteers.
Source: PublicInvest Research - 28 Jun 2017

Posted by Meng > 2017-06-28 15:03 | Report Abuse

wow, another capex, thats good news, but something funny there.. the size is twice time bigger than the rented factory in kulai, the machine setup looks same 2 extrusion machines and 4 thermo-forming machines but the capital very much different from both, kulai factory capacity is 11m but klang only 5m? hmm...

Posted by dfsbipohsch > 2017-06-29 10:28 | Report Abuse

SCGM’s growth driven by increased capacity in FY18

Kenanga Research

The Edge Financial Daily

June 29, 2017 09:55 am MYT
This article first appeared in The Edge Financial Daily, on June 29, 2017.

SCGM Bhd
(June 28, RM4.16)

Maintain market perform with a target price of RM4.90:

We attended SCGM Bhd’s fourth quarter ended April 30, 2017 (4QFY17) analysts’ briefing and remain positive about their long-term outlook.
Despite slight margin compression in FY17, growth is driven by increased capacity in FY18 from a newly rented factory in the Klang Valley riding on increased demand for both food and beverage (F&B) packaging and plastic cups, while we also expect lower tax rates in FY18.
All in, we lower FY18 estimated (FY18E) earnings (by 6%) and maintain FY19E numbers.
Despite strong bottom-line growth in FY17 (up 19% year-on-year [y-o-y]), earnings before interest and tax (Ebit) margins compressed to 15.1% in FY17 (versus 19.7% in FY16) mostly due to higher resin cost, while we believe we have accounted for other cost increases previously (which are staff cost, utilities, depreciation of plant and equipment).
Management had guided that resin cost had moderated since a high in February and March 2017 (4QFY17). However, the group’s current resin cost is still higher by about 10% y-o-y.
SCGM announced its plan to rent a new 47,000 sq ft factory in Telok Panglima Garang, which will be its first factory in the Klang Valley, beginning July, and will be running at full capacity by December.

The factory will house four thermoforming machines and two extruders, producing 5,000 tonnes per year (at full capacity), costing RM20 million in capital expenditure which the group will fund from internally generated funds.
This newly rented factory will produce lunchboxes to cater to the existing Klang Valley market, which may provide better efficiency in the longer run from reduced transportation cost.
All in, post the inclusion of this newly rented factory, we expect FY18 to FY19 average capacity to increase to 39,200 tonnes to 49,900 tonnes per year (from 36,000 tonnes to 44,900 tonnes per year).

We are expecting FY18 capital expenditure (capex) allocation of RM60 million (from RM51 million) to be utilised mostly for the second factory construction in Kulai, and the new Klang Valley rented factory, while FY19 capex of RM54 million will be utilised for the Kulai factory construction.
As a result, we lower our FY18E effective tax rates to 13% (from 18%) post increasing our capex estimates as SCGM will benefit from reinvestment tax allowance, while we maintain FY19E tax rates at 18%.

All in, post accounting for increased top-line growth from the new capacity in the rented factory, Ebit margin compressions from higher raw material cost in FY18 to FY19 to 16.2% to 17.9% (from 19.1% to 19.8%) , and lower effective tax rates in FY18 to 13% (from 18%), we are expecting FY18 to FY19E earnings of RM30.9 million to RM38.1 million.
We are comfortable with our “market perform” call as most upsides have been priced in, while the group’s longer-term prospects are intact in light of decent earnings growth from long-term extrusion capacity expansion, and the F&B container market opening up on the state-wide polystyrene container ban. —

Kenanga Research, June 28

http://www.theedgemarkets.com/article/scgms-growth-driven-increased-capacity-fy18

Posted by teoct > 2017-07-01 15:46 | Report Abuse

The profit margin is sensitive to oil price. Should the price of oil return to over USD60, the profit margin (nett) would be back below 10%.

Posted by Md Abd Fahmi > 2017-07-05 17:00 | Report Abuse

Friday EGM.. tomorrow last day to buy and sell on monday..hahaha

Posted by Md Abd Fahmi > 2017-07-06 02:08 | Report Abuse

buy b4 too late..

Posted by Md Abd Fahmi > 2017-07-06 15:01 | Report Abuse

touch 4.2.. let se after market.. buy b4 too late

Posted by cherinelee > 2017-07-07 11:51 | Report Abuse

Any updates fr the egm?

Posted by Md Abd Fahmi > 2017-07-07 15:01 | Report Abuse

EPF buy at 1.43

Posted by Md Abd Fahmi > 2017-07-07 15:48 | Report Abuse

forgot today ex-date for DIV.. 06/07 closed at 4.13.. minus div 0.02 = will adjusted to 4.11.. right now at 4.12.. nice to entry

Posted by dfsbipohsch > 2017-07-07 19:52 | Report Abuse

（吉隆坡7日讯）柔佛塑料包装制造商SCGM Bhd正在巴生谷设立一座制造厂房，以提高在中马地区的市场份额。

该集团今日向大马交易所报备，面积4万7000平方尺的厂房设于巴生直落彭里玛加弄（Telok Panglima Garang）的租用厂址，将为巴生谷市场生产热真空午餐盒。

该集团补充，为机械拨出2000万令吉的资本开销。

“新厂不仅可以增加热真空午餐盒产能，还可以减少送货时间和降低物流成本。”

集团董事经理拿督斯里李福财表示：“我们相信，此举将有助于我们攫取更多市场份额，并成为巴生谷热真空食品包装的首选供应商。”

巴生谷厂房将拥有4台热成形机和2台挤压机，年产能为500万公斤，预计在2017年底开始营运。

SCGM目前的厂房位于柔佛古来，年总产能为3600万公斤，包括午餐盒、食品托盘和医疗托盘。

加上巴生谷的新厂，年产能将增至4100万公斤。

另外，SCGM股东今日批准以3送1比例，派发4840万红股的计划。还有每15股送2凭单，派送1936万的免费凭单。

企业活动将SCGM的发行及缴足资本由1亿4520万股，增至2亿1296万股。

闭市时，该股平盘收于4.13令吉，共25万6100股易手，市值为5亿9822万令吉。



（编译：陈慧珊）

Posted by dfsbipohsch > 2017-07-07 19:54 | Report Abuse

http://www.theedgemarkets.com/article/scgm%E5%9C%A8%E5%B7%B4%E7%94%9F%E8%B0%B7%E8%AE%BE%E5%8E%82-%E6%8B%A82000%E4%B8%87%E8%B5%84%E6%9C%AC%E5%BC%80%E9%94%80

Posted by dfsbipohsch > 2017-07-07 19:58 | Report Abuse

http://www.theedgemarkets.com/article/scgm-set-factory-klang-valley-allocates-rm20m-capex

Posted by Md Abd Fahmi > 2017-07-08 03:15 | Report Abuse

100% approved... !!! yeyyy