Posted by RainT > 2020-05-08 21:00 | Report Abuse

During SCGM glory days in the past, each quarter its EPS can 3.5 sen so per year is 14 sen of EPS

With current share price of RM1.46 its future PE is around 10 times only

the golden question shall be : CAN SCGM MAKE EPS OF 14 SEN PER YEAR IN FUTURE ???

If yes, then at RM1.46 is not expensive and still can buy

Posted by RainT > 2020-05-08 21:03 | Report Abuse

with capacity expansion I think sales should go up

problem is how management manage the resin price only and also selling price with customers

Posted by InvestmentLab > 2020-05-09 16:05 | Report Abuse

[Stock to Monitor] SCGM : Price moving in the box between box. Awaiting break out. Can monitor and try at price range around RM1.40 .Company that less affected by Covid too.

More: http://facebook.com/investmentlab123

Posted by lbjtrader > 2020-05-13 14:24 | Report Abuse

Lai Lai Lai

Posted by RainT > 2020-05-13 14:59 | Report Abuse

start to shoot?

Posted by growth_investor > 2020-05-13 23:31 | Report Abuse

buy before its too late

Posted by mf > 2020-05-13 23:37 | Report Abuse

2. Putrajaya is working on a six-month short-term recovery plan to revive the economy and will announce it by the end of May.

Posted by DickyMe > 2020-05-13 23:39 | Report Abuse

Any plan is always JAYA with a PUTARan.

Posted by Lee Kok Wee > 2020-05-15 09:45 | Report Abuse

SCGM is listed in 20 Jewels 2020 by RHB

Posted by Lee Kok Wee > 2020-05-15 13:22 | Report Abuse

https://klse.i3investor.com/blogs/vitaeventure/2020-03-31-story-h1485732677.jsp

Posted by Lee Kok Wee > 2020-05-15 13:23 | Report Abuse

Last quarter March net profit up 700% . coming quarter ? forseen will be good too .

Posted by RainT > 2020-05-19 11:56 | Report Abuse

when this SCGM want shoot like gloves & oil counter

Posted by HowAh > 2020-05-19 18:54 | Report Abuse

Is it over?

Posted by HowAh > 2020-05-19 22:10 | Report Abuse

Wow. This is the worst plastic stock ...

Posted by HowAh > 2020-05-19 22:10 | Report Abuse

Why would rhb recommend this

Posted by Lee Kok Wee > 2020-05-21 13:33 | Report Abuse

Today fly . haha.....

Posted by ttluck > 2020-05-21 15:56 | Report Abuse

history may repeat surging higher....

Posted by RainT > 2020-05-21 16:03 | Report Abuse

why this is worst plastic stock ?

Posted by snake_eye > 2020-05-22 01:56 | Report Abuse

you may see the profit double next month..the raw material very cheap since last 2 month due to low oil price and new PPE bisnes with high profit margin..

Posted by snake_eye > 2020-05-22 01:59 | Report Abuse

the price also already breakout 52 week high..

Posted by Rakuten88 > 2020-05-22 10:35 | Report Abuse

Next quarter will be good. Good fundamentals.. Have faith in this

Posted by Dontbullshit > 2020-05-22 17:39 | Report Abuse

Bursa would close on next Tuesday?

Posted by Chuah Tiong Yee > 2020-05-23 02:30 | Report Abuse

yup，Wednesday baru buka

Posted by RainT > 2020-05-23 17:31 | Report Abuse

fundamental is not so good , net debt and high PE

But SCGM business prospect is very good

Posted by snake_eye > 2020-05-23 18:18 | Report Abuse

if the profit maintain with EPS around 2, PE will be 20 ++..
gloves stock PE already 40 above..
this stock easily will move up to around 2.20 within a month..

Posted by Lee Kok Wee > 2020-05-24 07:24 | Report Abuse

I knew the reason why it listed in RHB 20 Jewels 2020 because SCGM strategy to focus on higher margin packaging products (together with lower raw material cost) . It 9MFY20 net profit improved significantly from RM2m to RM10m .
Added point is SCGM has formal policy of paying 40% of net profit as divident . For last 5 years , they paid out average >60% of net profit .
Another added point is involved in healthcare protective equipment to be supplied to hospitals , medical centres and pharmacies . It generated RM3-4m/month .
Expected coming QR results very very good .

Posted by Lee Kok Wee > 2020-05-27 12:08 | Report Abuse

SCGM will fly again . all gove and medic share fly today .

Posted by snake_eye > 2020-05-28 16:58 | Report Abuse

breakout with big volume..will reach RM2 tomorrow...

Posted by thesteward > 2020-05-28 18:00 | Report Abuse

Yes !! Tomorrow rm2!

Posted by tcl tcl > 2020-05-28 18:37 | Report Abuse

RM2 you dream tonight better

Posted by vincentming > 2020-05-28 22:05 | Report Abuse

ppb給targetrm2.20

Posted by RainT > 2020-05-29 10:12 | Report Abuse

is cannot compare PE of glove counter with SCGM PE

glove is have big machines, many machines and big operations & agressive expansion

where else SCGM is just small packaging mfg company, & now start to do some face shield mfg
it main biz is still mfg food packaging

SCGM dont have such good competitive advantage as glove counter have (TOPGLOV, HARTA, KOSSAN) which there are among largest in the world, have good know how skills, expansion in Msia and oversea factory and many more that SCGM dont have

its crazy to compare PE of glove counter to SCGM & hope that SCGM PE level will same as Glove companies PE

Posted by snake_eye > 2020-05-29 11:24 | Report Abuse

do you aware PE SCGM actually around 25?can you imagine if you want to compare to glove PE the share price must be at RM3.++ now..

Posted by Vorster89 > 2020-05-29 16:49 | Report Abuse

shooting star, run...

Posted by SniperKing > 2020-05-29 17:23 | Report Abuse

RUNNNNNNNNNNNNNNNNNNNNNN

Posted by Value888 > 2020-05-30 16:12 | Report Abuse

lost momentum

Posted by Louise4 > 2020-06-01 13:46 | Report Abuse

Debt level is high. Risky company.

Posted by wesley_gold > 2020-06-01 18:25 | Report Abuse

why this company having so high borrowing one? anyone can share?

Posted by Lee Vee Kiat > 2020-06-02 01:41 | Report Abuse

wesley_gold
cause expanding new factory in Kulai

Posted by RainT > 2020-06-02 09:49 | Report Abuse

debt is high cannot deny is risky

but need see debt is for do what & what purpose

for SCGM, debt is for its growth, to open new factory & increase production to support increase demand in long term

so as long as SCGM manage the company efficiently, then should be no problem as profit should be up, and cash flow also up (if no special situation happen)

but need monitor SCGM quarter by quarter to track their result

Posted by RainT > 2020-06-02 09:50 | Report Abuse

some high cash company& zero debt but did nothing also cannot generate return for its shareholders

Posted by RainT > 2020-06-02 09:50 | Report Abuse

what we are looking at is growth and growth in profit, not stagnant

Posted by Louise4 > 2020-06-02 11:40 | Report Abuse

loss making company

Posted by Lee Kok Wee > 2020-06-03 03:53 | Report Abuse

SCGM is listed in 20 Jewels 2020 by RHB . Very potential company

Posted by shan > 2020-06-03 09:46 | Report Abuse

strong support 1.80. rocket up anytime

Posted by Louise4 > 2020-06-03 15:15 | Report Abuse

margin call, macam banyak cabut.

Posted by kingb > 2020-06-04 11:56 | Report Abuse

Revisit of the forgotten world.

Posted by jibbie > 2020-06-09 11:56 | Report Abuse

Ppl tapau more these days. Scgm will boom with their food packaging and face mask sales.

Posted by Louise4 > 2020-06-09 14:23 | Report Abuse

can scgm cope with the high debt level? Most cash used to service interest?

Posted by RainT > 2020-06-09 17:44 | Report Abuse

around 2% of SCGM sales is to cover borrowings interest

still reasonable, so company is 10%