Posted by thesteward > 2019-06-28 09:52 | Report Abuse

Better cabut lo whoever ada this one . Nowadays plastic you know la the future....

Posted by shpg22 > 2019-06-28 10:01 | Report Abuse

Maintain fair price at 0.75.

shpg22 Downgrade SCGM to 0.75. More shit to cum
17/05/2019 10:36 AM

Posted by shpg22 > 2019-06-28 10:11 | Report Abuse

It got nothing to do with demand. Demand is growing judging from increase revenue from most plastic packaging company. But can't say the same for bottom line.

Posted by geraldt9 > 2019-06-28 10:15 | Report Abuse

Negative bottom line ...looks like it's going to bleed for a little while ...

Posted by thesteward > 2019-06-28 10:36 | Report Abuse

Ya otw to .75 . Mati kudasai

Posted by newbie911 > 2019-06-29 10:00 | Report Abuse

Sunset company.

Posted by Eastern686 > 2019-06-29 10:06 | Report Abuse

The Edge 的 boss still keep in his portfolio mind u...hahaha he very pandai pick stock one. Hahaha

Posted by RainT > 2019-06-29 17:48 | Report Abuse

The Edge

Tong portfolio is fake one, just do only to show his investment acumen

but i also wondering why he not sell of SCGM earlier, when the last quarter already bad result

still hold until now with costs around 1.7...

Posted by RainT > 2019-06-29 17:52 | Report Abuse

some may say SCGM biz is a sunset biz

and I also is not

why is not sunset biz?

SCGM venture to another new type of packaging that is environment friendly

as more users is environment conscious now , so expect demand will grow more further


other than that, now have many apps that do food delivery , so this also will help in demand of SCGM products

also food packaging demand is always there as human need eat food everyday

Posted by sowsc1987 > 2019-06-30 09:49 | Report Abuse

Yes....F/B sector container demand will increasing ...scgm expansion at right time .....our Malaysia just changing from polystyrene to PET......and look for Asia pacific country .....短站的armotisation new plant 不代表永远的失落。。最重要是以什么心态持有这只股票。。

Posted by RainT > 2019-07-06 15:11 | Report Abuse

I am waiting to buy at 83 sen

near NTA value

Posted by RainT > 2019-07-08 16:30 | Report Abuse

get at 83.5 sen

pray hard this is the bottom price already, next qtr result no more loss making

Posted by Fabien "The Efficient Capital Allocater" > 2019-07-08 20:56 | Report Abuse

you bought when Tong from The Edge sold. He realised 50% loss on SCGM.

Posted by RainT > 2019-07-09 12:19 | Report Abuse

yes

finally he gave up

sold with loss around 50%

if he not sell, think will be too difficult for him to recover, 50% loss is huge

Posted by RainT > 2019-07-09 12:19 | Report Abuse

I buy in 83.5 sen when all the bad news have been price in

waiting it to drop below its NTA value to scoop another batch

Posted by RainT > 2019-07-09 12:24 | Report Abuse

findings

*loss making

*depreciation go up

*interest expenses go up

*net debt company
(before this net cash, now become net debts)

*operating cash flow in negative for past 8 quarters

*assets around same, liabilities go up a lot

this all have been mention by many IB , just reminder for myself

Posted by RainT > 2019-07-09 12:24 | Report Abuse

will not add more unless share price drop below NTA

and lets see next qtr what happen?

still in loss or profit ?

finger cross

Posted by Fabien "The Efficient Capital Allocater" > 2019-07-09 14:47 | Report Abuse

if u looking for turnaround play, i prefer Superlon. it's safer bet. and the co is in net cash.

Posted by RainT > 2019-07-09 14:49 | Report Abuse

@Fabien

Thanks for your suggestion

SUPELON also I am looking at it but I feel it share price not yet drop to rock bottom

besides I not so understand SUPERLON biz

Posted by RainT > 2019-07-22 12:15 | Report Abuse

buy in again at 83 sen at rock bottom

hopefully is bottom , don't drop more

Posted by shpg22 > 2019-07-22 16:43 | Report Abuse

If continue losing money should be traded at 0.5x NTA or 0.40.

Posted by RainT > 2019-07-22 21:25 | Report Abuse

haiz after I buy drop more

sial

Posted by stanic88 > 2019-08-02 00:25 | Report Abuse

Should begin to slowly accumulate

Posted by RainT > 2019-08-02 18:16 | Report Abuse

@stanic88

what make u think so ??

Posted by RainT > 2019-08-02 18:17 | Report Abuse

I still worry of next qtr result

not sure how is the new plant running

also not sure the depreciation will eat the profit if the plant utilization is not high

means the new plant still have issue and cannot run it

Posted by RainT > 2019-08-03 18:13 | Report Abuse

not rush to buy on more

wait and see better

Posted by RainT > 2019-08-13 21:50 | Report Abuse

At 1 year low price

share price below NTA

Posted by PoormanTrader > 2019-08-14 19:38 | Report Abuse

still remember last time got people share video about the boss, still want say "good stock" "good boss" hao gu hao gu,pi gu de gu?

Posted by Lukey_Greek > 2019-08-23 21:07 | Report Abuse

Any update on AGM today?

Posted by RainT > 2019-09-06 13:02 | Report Abuse

yaya

I remember that video

that time the SCGM share price is at peak

not as now ,loss making and low share price

Posted by RainT > 2019-09-09 22:43 | Report Abuse

When the demand will pick up?

so that the expansion costs can be cover up and profitable

Posted by RainT > 2019-09-11 10:27 | Report Abuse

from bottom already up around 9%

so means already hit rock bottom price ?

and now should be up uptrend?


the recent small uptrend is from insider?


insider have information coming quarters profit will better more as the expansion costs is can cover the sales grow up and small profit start to coming in ?

Posted by Hohup > 2019-09-12 10:25 | Report Abuse

RM1

Posted by shpg22 > 2019-09-12 10:28 | Report Abuse

Will come back down. No doubt about that.

Posted by RainT > 2019-09-12 10:53 | Report Abuse

haha

SCGM wake up , I think is this quarter result is no bad

insider buying

Posted by RainT > 2019-09-12 10:55 | Report Abuse

the depreciation is going up

the sales revenue must be able to go up this quarter to cover the depreciation

new plant smooth operations already ?

Posted by dknycom > 2019-09-12 11:10 | Report Abuse

SCGM HIGHER CHANCES TO BREAK RM 1 THIS WEEK

Posted by RainT > 2019-09-12 15:02 | Report Abuse

this month quarter result will out

lets see

if still loss making , habis

can go down to 50 sen

Posted by RainT > 2019-09-12 19:40 | Report Abuse

read the latest annual report 2019

seem not bad, even the colour is boring and layout also boring and the content keep repeat the same thing

but overall seem like not bad company

SCGM have its own degradable brand, expand to indon

also EPF also is part of the shareholders as at 31/07/2019 but less than 5%


this is good, if EPF come in then will have high potential that SCGM share price will grow more


maybe if going forward the quarter result is good, EPF might hold higher than 5%

Posted by RainT > 2019-09-13 09:31 | Report Abuse

last 2 days share price up with big volume

Posted by Lukey_Greek > 2019-09-13 15:01 | Report Abuse

Strong rebound...

Posted by RainT > 2019-09-13 15:18 | Report Abuse

strong rebound with high volume

Posted by RainT > 2019-09-13 15:41 | Report Abuse

Break 1.00 soon

Posted by rajachulan > 2019-09-13 15:50 | Report Abuse

hopefully a reverse...

Posted by shpg22 > 2019-09-13 15:54 | Report Abuse

Rebound so aggressive sure fake 1. Will last 2-3 days then slowly back down. Very typical 1. Maintain fair price at 0.50

Posted by Hohup > 2019-09-13 16:05 | Report Abuse

Yeayyyy, as per yesterday plan

Posted by RainT > 2019-09-13 16:43 | Report Abuse

haha

lets see is real rebound or fake rebound

last 2 days is rebound in high volume

I guess quarter result this month out must be very good

Posted by rajachulan > 2019-09-13 16:47 | Report Abuse

rebound is not good...

rebound only appear in downward trend...

pullback only appear in upward trend...

what needs here is a trend REVERSAL!

Posted by bzeew > 2019-09-13 16:54 | Report Abuse

What's brewing?

Posted by RainT > 2019-09-13 17:56 | Report Abuse

good quarter result

but I feel that also cannot huge turnaround from loss to profit

I expect the qtr result to be so so only