Posted by wussyboys > 2018-01-11 23:43 | Report Abuse

@blackwhite .. still have a far gap to reach bottom i think... will this go below RM2.10?

Posted by calvin > 2018-01-12 20:36 | Report Abuse

volume start coming back..

Posted by Guardize > 2018-01-18 23:54 | Report Abuse

good moving,support by their boss

Posted by SuperPanda > 2018-02-05 14:10 | Report Abuse

Waiting 2.10 to enter. End year tp 3.0 if earnings 7m each qtr. steady and sustainable business

Posted by SuperPanda > 2018-02-05 14:11 | Report Abuse

But lot of patience needed. This is thermoform prod company not high end product. Consumer basis.

Posted by SuperPanda > 2018-02-06 10:49 | Report Abuse

Wow. 2.10 already. Too early come. I would wait at 2.0 then. Still have potential down.

Posted by Jia Cheng > 2018-02-06 12:19 | Report Abuse

PE still high :(

Posted by Guardize > 2018-02-06 21:13 | Report Abuse

high pe is reasonable for scgm as thy have big increasement in future .

Posted by SuperPanda > 2018-02-06 21:31 | Report Abuse

klang already starts prod and then kulai new plant coming soon, sales will up due to polystyrene ban, future earnings to grow up to 70-80%. If now earn 5m quaterly, will up to 8m-9m later and with that in place TP 3.0 end year not a problem

Posted by Guardize > 2018-02-06 21:44 | Report Abuse

klang production will be more than double to full utilities frm dec as strong demand

Posted by RainT > 2018-02-07 00:20 | Report Abuse

How about if future profit cannot meet expectations???

Buy in now with high PE is not wise decision

Posted by SuperPanda > 2018-02-08 22:47 | Report Abuse

Pls check it past qtr, since 2014 very consistent earnings. Solid foundation. Higher PE bcoz prev expectation too high. Now it back to its correct value.

At PE 18 now, very reasonable price. But im still waiting below 2.10.

Posted by calvintaneng > 2018-02-08 22:50 | Report Abuse

Rise of crude oil will impact on resin cost.

So be careful guys

Posted by chkhooju > 2018-02-08 22:59 | Report Abuse

Be patient. Wait for it to break the 2.00 support level.

Posted by SuperPanda > 2018-02-09 09:44 | Report Abuse

yes, maybe dji will have another surpise next week. possibly below 2.0

Posted by SuperPanda > 2018-02-09 09:47 | Report Abuse

higher resin cost will pass over to customer. thermoform packing is not a control price item under kpdnkk

calvintaneng, u hve no idea on this company. its main subsidiary lee soon seng plastic is at my hometown, back in 1990, everyday walk pass shoplots factory way to primary school

Posted by viptraderclub > 2018-02-09 12:41 | Report Abuse

will buy when the price drop below RM2. definitely possible due to current market condition

Posted by SuperPanda > 2018-02-13 16:51 | Report Abuse

dont think will down to below 2.. only 2 days to CNY. after CNY would rebound back.

Posted by bluefun > 2018-02-18 22:43 | Report Abuse

The Sunset or Sunrise of Plastic Packaging Industry

http://klse.i3investor.com/blogs/bluefun/147676.jsp

Posted by Jia Cheng > 2018-02-21 15:02 | Report Abuse

rebound back a bit

Posted by BlackWhite > 2018-03-05 16:53 | Report Abuse

Panda u here also, plastic also drop may below 2

Posted by viptraderclub > 2018-03-06 15:08 | Report Abuse

now it's below rm2..

Posted by yamiyugi > 2018-03-06 16:38 | Report Abuse

it's time to accumulate

Posted by ChrisYF > 2018-03-06 17:43 | Report Abuse

time to all in I think

Posted by Mohd Fahmi Bin Jaes > 2018-03-06 17:45 | Report Abuse

No

Posted by Jia Cheng > 2018-03-06 18:43 | Report Abuse

I have no idea...
-2000 now :(

Posted by RainT > 2018-03-07 00:04 | Report Abuse

Time to buy in and keep

Posted by SuperPanda > 2018-03-08 21:07 | Report Abuse

If not because of current weak market, it will not drop below 2. I think this is a safe stock for long term considering its increase prod capacity up to 88% by 1QFY19.

Posted by SuperPanda > 2018-03-08 21:09 | Report Abuse

88% is a lot, only that margin a bit low for plastic packing product

Posted by SuperPanda > 2018-03-12 15:08 | Report Abuse

first entry at 1.96, hope coming qtr will be better

Posted by ZeroCityHunter > 2018-03-12 15:47 | Report Abuse

gg stock

Posted by ZeroCityHunter > 2018-03-12 15:48 | Report Abuse

no future

Posted by SuperPanda > 2018-03-13 00:22 | Report Abuse

My frens and sister had worked with them SCGM brothers back in 1990 during school break to earn pocket money. It was 2 units of 2 storey shoplot factory in a small town called Kelapa Sawit in Kulai Johor.

Posted by ChrisYF > 2018-03-13 17:34 | Report Abuse

SCGM can do well in the future ,their new factory is almost ready to be moved in.

Posted by Wei Hong > 2018-03-13 18:00 | Report Abuse

QR is released. Good news revenue increased but the bad news is the net profit is lower. haha

Posted by SuperPanda > 2018-03-13 19:43 | Report Abuse

result is average only, not much growth left until expansion happen

Posted by nathan88 > 2018-03-13 21:49 | Report Abuse

Revenue grow, drop of profit margin is due to expansion

Posted by RainT > 2018-03-14 00:45 | Report Abuse

So now it's time to buy in when there is weakness and wait for its to boom when the expansion take place

Posted by ZeroCityHunter > 2018-03-14 08:08 | Report Abuse

juz my advice,
base on chart language, condition now is very weak, if u wish it hv an uptrend, this chart must stop dropping

Posted by ZeroCityHunter > 2018-03-14 08:09 | Report Abuse

unless someone goreng it

Posted by stanic88 > 2018-03-14 11:26 | Report Abuse

Next Hartalega style. Can slowly accumulate

Posted by ZeroCityHunter > 2018-03-14 15:54 | Report Abuse

hard, wait few years

Posted by ChrisYF > 2018-03-14 17:36 | Report Abuse

some of other plastic packaging companies are doing worse for the last quarter. As example tomypak or even Thong Guan. SCGM still can maintain 5.x million of profit is really done great job. Under the high rising resin price they still can make money. I think after the expansion done. More orders and capacity can definitely boost thier profit.

Posted by Skykids > 2018-03-15 09:58 | Report Abuse

Actually we can see their earning quite high if u add back the depreciation 8.1 million. Buy now and wait for collect money, haha. Dividend also not bad

Posted by stanic88 > 2018-03-15 12:49 | Report Abuse

Yeah continue add

Posted by mymymybook > 2018-03-15 15:39 | Report Abuse

Buy Kesm. Cimb's top pick its outlook is very good after the recent AMG, very stable stock

Posted by ZeroCityHunter > 2018-03-15 22:59 | Report Abuse

bear trend stock

Posted by ZeroCityHunter > 2018-03-15 22:59 | Report Abuse

don add 冤枉钱了

Posted by Hope333 > 2018-03-20 13:58 | Report Abuse

keep dropping?

Posted by MGrowth > 2018-03-20 17:17 | Report Abuse

GP keep dropping investor lose confident .... OMG maybe will drop to 1.2-1.3 level faster sell