Posted by value88 > 2019-09-14 08:12 | Report Abuse

Sudden surge in stock price :)
I suppose its coming quarterly result should see improvement, and probably back to profitability. The last quarter was the worst as all the bad things happened together. The worst should be over for SCGM.

I expect to see gradual improvement but not a spike in earnings because SCGM needs time to fill up its additional new capacity and improve its utilisation rate. It has high chance to achieve that because I notice its sales revenue has been increasing in past quarters albeit earnings was poor due to higher costs incurred in new plant.

Posted by value88 > 2019-09-14 08:15 | Report Abuse

SCGM is a good case to show that we cannot wait for all dusts are settled then only we buy into a company. It is bcos good news and cheap stock price do not happen together. As an investor, we must be able to anticipate the coming improvement in a company and buy earlier than others before all dusts are settled. This is the way to make extraordinary return.

Posted by RainT > 2019-09-14 12:51 | Report Abuse

But if the share price spike is fake one then how?

as the qtr result not yet out , we only can make guess

and if the qtr result still make loss then how?

haha

Posted by Winklse188 > 2019-09-15 10:28 | Report Abuse

Raw material price coming down sharply

Posted by Yong Meng > 2019-09-15 16:59 | Report Abuse

https://menginvestlife.blogspot.com/2019/09/013-scgm.html

Posted by RainT > 2019-09-16 10:35 | Report Abuse

talk so much is no use, lets see how the quarter result look like

Posted by shpg22 > 2019-09-17 16:01 | Report Abuse

Crude oil price up will result in resin price surge. Raw material getting expensive d. STRONG SELL.

Posted by RainT > 2019-09-18 10:15 | Report Abuse

but if the expansion of new plant come in higher sales and better margin products

this can help SCGM profit

anyway it is inevitable that SCGM costs will be always tie with oil price due to resin

Posted by RainT > 2019-09-18 10:17 | Report Abuse

funny things is that oil price down due to attack

then now up suddenly

not yet any effect reflected in profit

but the share price down is due to the freak effect of oil price

or fake rebound few days ago, so now go down back

who knows?

haha

Posted by Lukey_Greek > 2019-09-18 11:42 | Report Abuse

The peak of oil price is over. The down trend of oil is resumed back. Unless there is any war in middle east

Posted by cooldownguy86 > 2019-09-18 21:41 | Report Abuse

Wa just found out about this potential turnaround stock. So fast went up liao

Posted by RainT > 2019-09-19 12:02 | Report Abuse

yes

have already up a lot since bottom price

i am waiting quarter result this month to decide further

Posted by RainT > 2019-09-24 15:04 | Report Abuse

strong uptrend with high volume

Posted by RainT > 2019-09-24 15:47 | Report Abuse

sell

take profit

BYE!

Posted by Michael Kwok > 2019-09-24 15:48 | Report Abuse

TP Rm1.35-rm1.40(worst case scenario)

Posted by EatCoconutCanWin > 2019-09-24 18:23 | Report Abuse

If giving 15x EPS FY20 of 4.6 , the TP only RM0.70 ..overpriced now.

Posted by toomaker > 2019-09-24 18:32 | Report Abuse

Won't go back to 0.7 anymore, at the time losing money only go until 0.8. How come can go down until 0.7.

Posted by shpg22 > 2019-09-24 20:47 | Report Abuse

Sales dropping, not a good sign

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-24 22:46 | Report Abuse

今天的 架势非常棒
可为日后 助威

凡弱 都是买点。

Posted by James Ng > 2019-09-25 16:36 | Report Abuse

https://klse.i3investor.com/blogs/general/226700.jsp
[转贴] [SCGM BHD：由于对食品和饮料包装的需求仍然旺盛，集团通过新的古来工厂将年产能从4100万公斤提高到6760万公斤，从4100万公斤提高了64.9％] - James的股票投资James Share Investing

Posted by awieze > 2019-09-26 15:37 | Report Abuse

why warrant not move up

Posted by RainT > 2019-09-26 15:52 | Report Abuse

wah

continue up oh

Posted by Lukey_Greek > 2019-09-26 16:41 | Report Abuse

好样的！

Posted by dknycom > 2019-09-27 09:48 | Report Abuse

https://www.youtube.com/watch?v=md99gSYtoUM&feature=youtu.be&fbclid=IwAR1wnTdQ3EmaHx1CIyYk2HcBzUi5suszkXYM-6RfGnx4cN3eJnoNduOuytA

Posted by Newbieinshare > 2019-09-27 11:16 | Report Abuse

SCGM-WA lagi bullish

Posted by awieze > 2019-09-27 12:27 | Report Abuse

buy warrant. 0.20 second session

Posted by RainT > 2019-09-27 20:03 | Report Abuse

wah
really on uptrend oh

share price grow with high volume

Posted by solcsy > 2019-09-28 08:57 | Report Abuse

@winklse188, just wondering which website to check resin price ?

Posted by RainT > 2019-10-01 13:31 | Report Abuse

to monitor resin price , you need to also monitor oil price

is complicated

Posted by Michael Kwok > 2019-10-03 12:11 | Report Abuse

X
Michael Kwok TP Rm1.35-rm1.40(worst case scenario)
24/09/2019 3:48 PM

Posted by MrPotato88 > 2019-10-04 08:20 | Report Abuse

Yu_and_Mee now still can enter? or wait for pullback ?

Posted by MrPotato88 > 2019-10-04 13:19 | Report Abuse

lol, keep going up...

Posted by Smart Beginners > 2019-10-04 14:20 | Report Abuse

i can say lot's of people waiting this counter pullback then only entered. I can say is if you keep on waiting, the price will always keep going up. But only you entered, the price will go down hahahaha

Posted by tajai > 2019-10-06 21:08 | Report Abuse

Smart beginners.. You re.rite. It always happen to me

Posted by MrPotato88 > 2019-10-07 08:33 | Report Abuse

Anyone know if any sifu entered this counter ?

Posted by shpg22 > 2019-10-17 10:59 | Report Abuse

No going to go far judging from its deteriorating balance sheet

Posted by dknycom > 2019-10-19 12:06 | Report Abuse

https://www.youtube.com/watch?v=md99gSYtoUM&feature=youtu.be&fbclid=IwAR1wnTdQ3EmaHx1CIyYk2HcBzUi5suszkXYM-6RfGnx4cN3eJnoNduOuytA

Posted by dknycom > 2019-10-19 12:07 | Report Abuse

• Technically speaking, yesterday’s breakout indicates the uptrend channel is still intact given the positive signals and buying momentum, potentially heading towards the RM1.70 level.

• As such, resistance levels are seen at RM1.50 (R1) and RM1.70 (R2).

Posted by Wing Tai > 2019-11-04 15:34 | Report Abuse

Not yet fully pull back

Posted by zakaria444 > 2019-11-07 17:11 | Report Abuse

The group has been under margin pressure for 10 straight quarters since the third quarter (3Q) of FY17 as rising operating costs have outpaced sales growth. The group even registered unprecedented losses at the gross level in the most recent 4QFY19. Resin, which made up at least 60-70% of total operating costs, saw a 9% year-on-year (y-o-y) rise. Fixed costs such as depreciation, upkeep, utilities and labour, jumped 22% y-o-y following commencement of the new Kulai plant. Remaining costs that are related to administrative, selling and marketing expenses rose 2% y-o-y

Posted by Michael Kwok > 2019-11-16 10:13 | Report Abuse

A trusted name.Its reach from rm 1.05 to rm 1.40.Please read.

Michael Kwok TP Rm1.35-rm1.40(worst case scenario)
24/09/2019 3:48 PM

Posted by techlee229 > 2019-11-18 16:57 | Report Abuse

We came away from SCGM Bhd’s analyst briefing last Friday with a view that it is going to take another four to six months for the company to turn around as it faces various hiccups amid heightening cost pressure and its ability to reach optimal capacity utilisation levels in the near term. Share price weakness will likely persist until signs of turnaround prevail. The TP is based on 15 times financial year 2020 (FY20) earnings per share of 4.6 sen.

Posted by minigiant > 2019-11-23 03:54 | Report Abuse

good trend on SCGM now. Base material price is dropping. Look forward to the next QR.

Posted by willian > 2019-11-26 11:28 | Report Abuse

just brought scgm. resin price continue to drop. and it is 60-70% of SCGM total cost. next few qtr will be bright for scgm.

Posted by Lukey_Greek > 2019-12-06 18:53 | Report Abuse

Expect a better result than last quarter, follow suit Daibochi.

Posted by Michael Kwok > 2019-12-07 22:41 | Report Abuse

On that time it was 1.05-1.10.Please read.Even blogger below me target 70 cent went astray.Im right.

Michael Kwok
1038 posts
Posted by Michael Kwok > Sep 24, 2019 3:48 PM | Report Abuse X

TP Rm1.35-rm1.40(worst case scenario)


EatCoconutCanWin
990 posts
Posted by EatCoconutCanWin > Sep 24, 2019 6:23 PM | Report Abuse

If giving 15x EPS FY20 of 4.6 , the TP only RM0.70 ..overpriced now.

Posted by ahxia0722 > 2019-12-09 16:56 | Report Abuse

Michael Kwok On that time it was 1.05-1.10.Please read.Even blogger below me target 70 cent went astray.Im right.

Michael Kwok
1038 posts
Posted by Michael Kwok > Sep 24, 2019 3:48 PM | Report Abuse X

TP Rm1.35-rm1.40(worst case scenario)


EatCoconutCanWin
990 posts
Posted by EatCoconutCanWin > Sep 24, 2019 6:23 PM | Report Abuse

If giving 15x EPS FY20 of 4.6 , the TP only RM0.70 ..overpriced now.


better sell now and take some profit, later drop and all in again ....lolx

Posted by Smart Beginners > 2019-12-09 17:41 | Report Abuse

Not much difference with the revenue... better profit is because of reduced resin price.

Posted by linjie > 2019-12-09 19:51 | Report Abuse

ya, even drop in revenue, profit not because of sales increase, sales volume still the same just the drop of raw material price, it's super over price

Posted by Lukey_Greek > 2019-12-09 21:48 | Report Abuse

Sales increase is coming soon. Please refer to earlier post on the interview video clip with the founder. To have some clues if the low resin price sustainable, please refer to LCTitan & PetChem share price...