SCGM BHD

KLSE (MYR): SCGM (7247)

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Last Price

0.66

Today's Change

-0.005 (0.75%)

Day's Change

0.66 - 0.66

Trading Volume

35,000


13 people like this.

2,915 comment(s). Last comment by cgtan2020 13 hours ago

Posted by darrenleesl > 2020-07-17 16:39 | Report Abuse

Ascending triangle pattern forming. Looking at the charts, next stop 2.2 then probably 2.4 if this slow but steady momentum is maintained.

Posted by Dontbullshit > 2020-07-20 20:10 | Report Abuse

Please drop to RM 2.05, I want to buy more hahaha

BlackWhite

1,053 posts

Posted by BlackWhite > 2020-07-20 22:21 | Report Abuse

Very some up wait one year

skyrocket

496 posts

Posted by skyrocket > 2020-07-21 15:20 | Report Abuse

Good news to SCGM if mandatory to wear mask

Posted by darrenleesl > 2020-07-21 16:49 | Report Abuse

Next stop 2.4. Then probably slow and long sideways movement till we reach 2.55.

Jack888

848 posts

Posted by Jack888 > 2020-07-22 05:49 | Report Abuse

Uptrend Liow ...

mf

27,994 posts

Posted by mf > 2020-07-22 06:00 | Report Abuse

KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 396,100 shares on 20-Jul-2020.

RainT

8,448 posts

Posted by RainT > 2020-07-22 10:35 | Report Abuse

limit is the sky ?

can SCGM profit chase up the high share price now?

can the high profit expectation be fulfilled?

BlackWhite

1,053 posts

Posted by BlackWhite > 2020-07-22 13:03 | Report Abuse

Very slow up lah

tokohM

432 posts

Posted by tokohM > 2020-07-22 14:19 | Report Abuse

dont worry, its facebook orderbook good

skyrocket

496 posts

Posted by skyrocket > 2020-07-22 15:50 | Report Abuse

Kids mask sold out from their link https://scgm-po.firebaseapp.com/.

Total masks sold yday 300+ boxes. Now total sold around 2300+ boxes.

Not bad 2k boxes sold at retailer price within 24 hours.

jj

2,218 posts

Posted by jj > 2020-07-22 16:49 | Report Abuse

well done

Posted by kakibulldogs > 2020-07-22 17:39 | Report Abuse

based on the figure risen, with 16 confirmed cases today compared to 15, and continue 2 digit figure.

KKM & MKN : instead of national close down, they will soon impose compulsory face mask to be worn in public place :

https://www.malaymail.com/news/malaysia/2020/07/22/health-ministry-spike-in-covid-19-cases-wont-lead-to-national-level-lockdow/1886931

seems 2nd wave will coming soon, if we not taking care / wearing facemask

Posted by yaphoikiong > 2020-07-22 18:37 | Report Abuse

pphb have a chance to up up up?

mrmeow

350 posts

Posted by mrmeow > 2020-07-23 09:28 | Report Abuse

If you're looking at packing industry, give you a tip, go see Daiboci, packager for Nestle and all big companies. Management is Scientx. Profit growing like crazy. Next 2 months profit skyhigh, today giving signal be quick

RainT

8,448 posts

Posted by RainT > 2020-07-23 12:10 | Report Abuse

Buy DAIBOCHI

better buy SCIENTEX

Posted by patentguy > 2020-07-23 16:58 | Report Abuse

RainT ? where are you now? good job shitting on scgm

Chong96

51 posts

Posted by Chong96 > 2020-07-23 19:00 | Report Abuse

Healthy pull back today, next week continue fly

skyrocket

496 posts

Posted by skyrocket > 2020-07-23 19:44 | Report Abuse

https://www.chinapress.com.my/?p=2126030

For those seek for cheap masks

Posted by stockwinner > 2020-07-24 15:07 | Report Abuse

4.15pm standby mask counter, ka ching!

Posted by pahlawanmerah > 2020-07-24 17:32 | Report Abuse

by end of the month rm 3

skyrocket

496 posts

Posted by skyrocket > 2020-07-27 10:35 | Report Abuse

Above RM3 ord.

Posted by Iamnotasifu > 2020-07-27 10:42 | Report Abuse

Weird, who goreng this counter? lol...

Stonecold

289 posts

Posted by Stonecold > 2020-07-27 10:44 | Report Abuse

Casual and sports footwear maker Xidelang Holdings Ltd is going to venture into the manufacturing of washable and reusable face masks in collaboration with Fujian BiTiChong Baby Products Co Ltd (FBBP). Both parties inked a collaboration agreement on April 13. Xidelang said it will use its existing shoes (if so required) and garments production lines for the new venture.

https://www.theedgemarkets.com/article/serba-dinamik-yinson-bumi-armada-xidelang-tiger-synergy-th-heavy-engineering-and-ammb

Stonecold

289 posts

Posted by Stonecold > 2020-07-27 10:45 | Report Abuse

why buy Rm3 if there is a chance you buy somewhere at 6cents? HAHA.cause stonecold said so

Mervyn

7 posts

Posted by Mervyn > 2020-07-27 11:06 | Report Abuse

SCGM’s share price has been on an upward trajectory partly on account of brisk orders for its face mask products. Its plastic packaging facilitate are also currently running at higher capacity utilization levels as demand for packed and baked food surges amid the heightening Covid-19 cases globally. We revise our FY21-23 earnings estimates higher by about 14% as we raise our margin assumptions given average selling price (ASP) hikes across ~40% of its F&B packaging products. We also peg a higher PER of 25x to FY22 EPS, raising our TP from RM2.55 to RM3.33. Our Outperform call is maintained.

(from PIVB report today)

Posted by stockwinner > 2020-07-27 12:27 | Report Abuse

3pm-4pm standby Caely, Notion, EG... second round ka ching after SCGM!

Posted by youtalktoomuch > 2020-07-27 13:23 | Report Abuse

buy

Posted by CatchThe Bull > 2020-07-27 15:52 | Report Abuse

Beware of correction soon.

Posted by stockwinner > 2020-07-27 15:55 | Report Abuse

SCGM, Caely sudah mari... next, Notion and EG... mark my words.

Posted by stockwinner > 2020-07-27 15:59 | Report Abuse

Tomorrow onwards, pharma stock's turn to limit up again. ka ching ka ching!

David

112 posts

Posted by David > 2020-07-27 17:08 | Report Abuse

Back in 2018, SCGM was in Tong’s value investing portfolio (theEdge). He bought scgm at an average RM1.75 and decided to cut loss at RM0.85 in July 2019, losing 50% following a string of disappointing quarter results. Since then, sales has grown but profits did not grow in tandem due to higher resin price, increase in depreciation and finance cost and jump in tax cost (due to deferred tax liabilities on new machinery and new kulai plant).

Those hiccups were temporary. The disposable food packaging industry is one of the beneficiaries of the covid19 outbreak. scgm’s healthcare venture is an additional bonus for the investors.

Stonecold

289 posts

Posted by Stonecold > 2020-07-28 09:29 | Report Abuse

Facemask Counter;

Ocncash
EG
Notion
Ni Hsin
Caely
Prlexus
Komark
Iconic
SCGM
XDL - cheapest
Topglov

James Ng

2,687 posts

Posted by James Ng > 2020-07-28 10:00 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-07-28-story-h1510780066.jsp
[转贴] [SCGM BHD:调试了一台新口罩制造机,并于2020年5月成功开始生产和销售口罩] - James的股票投资James Share Investing

St0000ck

20 posts

Posted by St0000ck > 2020-07-28 22:15 | Report Abuse

still can hold?

Posted by Xixiang Yu > 2020-07-29 17:54 | Report Abuse

Can

Posted by cedot12448 > 2020-07-29 21:31 | Report Abuse

8月一号起,这将会是一个印钱的机器!

Posted by Lee Kok Wee > 2020-07-30 07:46 | Report Abuse

Agreed . SCGM price will fly . Their mask selling price keep increase .

3932

94 posts

Posted by 3932 > 2020-07-30 11:05 | Report Abuse

DG: Face masks may be compulsory once out of home

Published on 29 Jul 2020 9:59:04 PM


It may be compulsory for the public to wear face masks when they leave their homes.

"But masks must be made available to the needy first. Everyone must have excess to a face mask," Health director-general Datuk Dr Noor Hisham Abdullah said at an engagement session with the media on Wednesday.

The authorities have already announced that face masks will be compulsory at public and crowded areas from Aug 1.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

3932

94 posts

Posted by 3932 > 2020-07-30 11:06 | Report Abuse

SCGM at RM 4.00 next month

johnny cash

6,381 posts

Posted by johnny cash > 2020-07-30 12:41 | Report Abuse

ANYONE HERE WHO IS TRACKING DOWN THE PAST EARNINGS OF THIS COMPANY SCGM PLEASE GIVE SOME COMMENTS HERE IN THIS SCGM BLOG... WHEN IS THEIR NEXT EARNINGS RESULTS???

Posted by cedot12448 > 2020-07-30 13:31 | Report Abuse

3232,

Think bigger. This is just the beginning.

Posted by pureshare > 2020-07-31 09:15 | Report Abuse

Ample supply of face masks, but public warned about fakes in the market
https://www.thestar.com.my/news/nation/2020/07/31/ample-supply-of-face-masks-but-public-warned-about-fakes-in-the-market

Posted by Lee Kok Wee > 2020-08-01 19:53 | Report Abuse

Not many good quality mask in the market . SCGM Sure business will fly .

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