Posted by minigiant > 2019-12-10 01:47 | Report Abuse

It will takes time to generate more revenue. At least, this quarter it reflected the drop in resin price etc. As long as the resin price keep at the same level, SCGM's profit will increase once the sales volume pick up. From my point of view, they are doing the right things, e.g. have flexibility to tailor their products to suits client. The environmental friendly products will get more important in coming years.

Posted by Michael Kwok > 2019-12-10 12:34 | Report Abuse

PBB another time made recommendation after Me 24/9 recommend.Lol.

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

Posted by James Ng > 2019-12-11 08:42 | Report Abuse

https://klse.i3investor.com/blogs/general/246163.jsp
[转贴] [SCGM BHD：销售组合改善，树脂价格下跌，利息费用减少，外汇收益增加，以及更高的可疑债务追偿额] - James的股票投资James Share Investing

Posted by dknycom > 2019-12-17 20:49 | Report Abuse

Sharing for all SCGM's INVESTORS.

https://www.youtube.com/watch?v=5lRHn0lHbSY

Posted by dknycom > 2019-12-17 20:52 | Report Abuse

We are confident that SGCM will do better in the subsequent quarters on the back of

i) gradual decline in resin cost, which makes up of 60%-65% of the company’s production cost
ii) strategizing its product mix to focus on more high-margin plastic packaging products
iii) continuous focus on the capturing of more bulk orders to beef up its utilization rate from 60% to 70%.

Maintain Trading Buy with an unchanged TP of RM1.82 based on multiple of 20x FY21 EPS.

Good luck to every SCGM's investors.

Posted by davidkkw79 > 2019-12-19 15:50 | Report Abuse

Resin price is keep on decreasing, SCGM has 70% cost is rely on resin, definitely a good call for SCGM !

Posted by hero666 > 2019-12-26 21:56 | Report Abuse

MACD death cross appeared today

Posted by davidkkw79 > 2019-12-27 14:59 | Report Abuse

Oil price is increasingly... eventually it will increase the price of resin....

Posted by moneykj > 2020-01-02 07:55 | Report Abuse

Share with you all some of my pick of 2020:


Notion
Dksh
Scgm
Mkh
Pesona
Lbalum

Posted by dknycom > 2020-01-02 15:00 | Report Abuse

SCGM was testing the RM1.63 level during its intraday high.
With a rising RSI, it may move higher above this mark with a target price of RM1.70,
followed by RM1.78.

Meanwhile, it may drift sideways if it fails to cross the RM1.63 mark in the near term.
In this case, support is anticipated at RM1.49, whereby traders may exit on a breach
to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM1.63

Target: RM1.70, RM1.78 (time frame: 2 - 3 weeks)

Exit: RM1.49

Posted by davidkkw79 > 2020-01-06 11:02 | Report Abuse

Oil price break resistance of USD70, now is standing at 70.19 !

Posted by davidkkw79 > 2020-01-15 17:50 | Report Abuse

Then what are u waiting for ? Hurry up sailing in !

Posted by SuperPanda > 2020-02-02 08:32 | Report Abuse

so quiet, time to buy soon, let it fall first

Posted by SuperPanda > 2020-02-02 08:35 | Report Abuse

wait at 1.20

Posted by sin20999 > 2020-02-03 12:49 | Report Abuse

Well, buying in intervals is easier than trying to guess the final drop. But of course take into account signals. Wait for nyse to turn positive. Malaysian will follow next morning.

Posted by SuperPanda > 2020-02-03 20:57 | Report Abuse

if cannot 1.20 then upgrade to 1.30

Posted by greatinvestor > 2020-02-17 17:09 | Report Abuse

https://www.chinapress.com.my/20200217/%e6%ad%a6%e6%b1%89%e8%82%ba%e7%82%8e-%e6%8c%a1%e9%a3%9e%e6%b2%ab%e3%80%81%e9%98%b2%e6%8e%a5%e8%a7%a6-%e9%9d%a2%e7%bd%a9%e5%8f%af%e5%8f%96%e4%bb%a3%e5%8f%a3%e7%bd%a9/

Posted by dknycom > 2020-02-17 21:03 | Report Abuse

New product from SCGM.

Posted by shpg22 > 2020-02-17 21:05 | Report Abuse

Too much noise with nothing to show.
Maintained fair price at 0.80

Posted by yamahon > 2020-02-18 09:52 | Report Abuse

武昌醫院院長劉昌明傳病逝 重創前線醫護士氣,中國傳染病學專家鍾南山，再度提出最新警告，鍾南山表示，隨著大陸各省市陸續復工，他認為二月的中下旬，可能會是新冠肺炎疫情爆發的高峰期,防疫物資面罩只能支撐三五天！武漢多家醫院向马来西亚求援面罩。

Posted by yamahon > 2020-02-18 09:56 | Report Abuse

自新型冠狀病毒肺炎疫情發生以來，醫院積極參與救治，為更好地救治病患，現急需向社會各界徵集捐贈以下防護物資：護目鏡、N95口罩、外科口罩、一次性醫用口罩、醫用帽、防護服、手術衣、防衝擊眼罩、防護面罩等物資。

Posted by yamahon > 2020-02-19 09:29 | Report Abuse

新冠肺炎吹哨者李文亮醫師逝世後，同業心酸防護面罩不足,前線物資缺乏可見一斑.

Posted by Hanoi > 2020-03-02 12:47 | Report Abuse

the raw material LLDPE keep dropping from 9000 to 6000, this qtr profit will be juicy.....

Posted by greatinvestor > 2020-03-02 18:01 | Report Abuse

Hanoi pls share where to check the raw material prices thanks

Posted by Hanoi > 2020-03-03 09:39 | Report Abuse

You can get it from investing.com

Posted by greatinvestor > 2020-03-03 21:51 | Report Abuse

thanks Hanoi

Posted by davidkkw79 > 2020-03-03 22:50 | Report Abuse

If company undervalued why not share buy back?

Posted by Hanoi > 2020-03-05 09:38 | Report Abuse

Scgm has spent a lot of money for new plant and machinery upgrading from the past.

Posted by Hanoi > 2020-03-05 09:40 | Report Abuse

I think now is the fair value in view of Covid19 and political issue.

Posted by pogbaggmu > 2020-03-09 10:43 | Report Abuse

Hanoi, raw material price down, profit up......u think the world so simple ah? See SLP....why is their profit falling?

Posted by greatinvestor > 2020-03-09 11:53 | Report Abuse

This forum is just for sharing , i dont think Hanoi is trying to push up the share price

Posted by Hanoi > 2020-03-11 10:59 | Report Abuse

Hi Pogba, how much you understand about SLP

Posted by Hanoi > 2020-03-11 11:31 | Report Abuse

I'm just explain to Davidkkw, Scgm is not undervalue. Its just a fair value...

Posted by dknycom > 2020-03-11 12:08 | Report Abuse

【城市菁英班】本地上市塑料工业制造商SCGM

https://cityplusfm.my/%E6%9C%AC%E5%9C%B0%E4%B8%8A%E5%B8%82%E5%A1%91%E6%96%99%E5%B7%A5%E4%B8%9A%E5%88%B6%E9%80%A0%E5%95%86scgm/?fbclid=IwAR0qyPyp6AbEcQ0wu62tTz3a3ITmxxHErgMDr8R0h6V4oh2Iz9QW_xopXz4

Posted by flexibt > 2020-03-12 10:44 | Report Abuse

They will produce mask in Apr ..

Low Raw Material Price( LLDPE )

Imagine the usage of plastic containers will increase if more and more ppl do takeaway..

Posted by Hanoi > 2020-03-12 12:39 | Report Abuse

Simple sharing to Pogbaggmu

"SLP Resources Berhad (SLP) is an investment holding company based in Malaysia. The company is involved in manufacturing, exporting and distribution of plastic packaging products and plastic related goods, as well as trading of polymer products such as plastic resins."

They are trading the plastic resins too...please think about that if the LLDPE price are low due to weak demand

Posted by joey > 2020-03-13 13:29 | Report Abuse

just wait for come back

stay strong everyone

Posted by cash flow > 2020-03-18 08:26 | Report Abuse

do scgm shutdown factory? and how can i get resin price chart? anyone can help?

Posted by luckyjb > 2020-03-18 10:37 | Report Abuse

if related to food packaging can operate

Posted by cash flow > 2020-03-18 11:28 | Report Abuse

now all food must take away,hope that will help scgm grown the business

Posted by shpg22 > 2020-03-20 12:51 | Report Abuse

sindiket already cabut la...whatever story also no use.

Posted by shpg22 > 2020-03-20 12:53 | Report Abuse

Warning already given when price is at 1.60

shpg22 Too much noise with nothing to show.
Maintained fair price at 0.80
17/02/2020 9:05 PM

Posted by thinINVEST > 2020-03-28 12:51 | Report Abuse

i also agree fair price 0.8. above this price is expensive

Posted by sense maker > 2020-03-30 14:07 | Report Abuse

This company holds up well, despite the poor earnings, much like powerroot. Cornered stocks.

Posted by mamatede > 2020-03-30 14:47 | Report Abuse

doing face shield? not worth of high valuation la.

Posted by tallman > 2020-03-30 14:49 | Report Abuse

today release quarter result?

Posted by mf > 2020-03-30 14:58 | Report Abuse

Trump extends social distancing guidelines through April 30 to keep US death toll below 100,000

Posted by gibsontan > 2020-03-30 15:12 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/03/30/white-house-led-airlift-of-urgently-needed-medical-supplies-from-china-malaysia-vietnam

Posted by gibsontan > 2020-03-30 15:12 | Report Abuse

will scgm benefits from here hmmmm

Posted by tallman > 2020-03-30 15:14 | Report Abuse

SCGM added new machine for making face mask in mid of April.

At the moment it's the 1 & only face mask co listed in bursa