Posted by tokohM > 2020-11-17 11:22 | Report Abuse

why tguan and scgm are in same industry but have different fate

Posted by super aloha > 2020-11-17 17:36 | Report Abuse

Drop again... Too bad...
When scgm could recover?

Posted by oneorange > 2020-11-17 17:39 | Report Abuse

as long as vaccine news out then scgm drop

Posted by Young Padawan > 2020-11-18 07:21 | Report Abuse

@oneorange, I think you are right, the Pfizer and Moderna vaccine news has affected SCGM a little. However, do not be confused that SCGM's main product is actually food packaging. I think Datuk Seri and his team were wise and agile in capitalizing the opportunity during this pandemic, by adding mask manufacturing machines into their fleet. In short term, hopefully SCGM could export their premium quality masks to United States. Last I read, it was pending approval from FDA.

If you read the announcements previously made by the company, you will realize that the cost of purchasing those machines are not high. The cost of raw materials probably are. The new factory is also large enough to accommodate those new production line (masks) without compromising the existing food packaging production line. In my opinion, depends on the recovery from Covid-19 and margin for mask production, SCGM could easily get out from mask production and continue to focus on food packaging.

I stand corrected. Cheers.

Posted by LiimInvest > 2020-11-18 20:32 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/18/pharmaniaga-seen-as-among-frontrunners-for-vaccine-tender

Posted by LiimInvest > 2020-11-18 22:51 | Report Abuse

LiimInvest 签署合作协议 我国优先获中国疫苗

政府宣布我国将优先获得中国研发的冠病疫苗，通过专才与知识共享，深化两国在疫苗开发的合作。

https://www.enanyang.my/node/36

Posted by newbies522 > 2020-11-25 13:06 | Report Abuse

anyone can share is this still can hold this share? what is the news on the RRPT dd 23 Nov?
the price seem keep falling.

Posted by hkimbrs > 2020-11-26 19:34 | Report Abuse

Apa cerita?

Posted by Bigboss99 > 2020-11-29 10:15 | Report Abuse

Just hold. No worries

Posted by tuapuikia > 2020-12-01 20:00 | Report Abuse

2017 I bought this counter and it is heading South till 2019...I sold my stakes in 2018, halfway but too late... Early 2020, I earn it back when it heading North. Moral of the story? Don't hold on when it is starting to heading North, this is just my personal advice. Chances are everywhere, don't hold on to something going down... if you understand technical, it really shows no sign of return. Funds are more important than profits.

Posted by hkimbrs > 2020-12-02 12:11 | Report Abuse

What happen ?

Posted by loss9696 > 2020-12-02 21:15 | Report Abuse

Bought at 3.59 when i see the huge buy queue. now i wonder where are these buy queue.

Posted by Finnmm > 2020-12-03 08:53 | Report Abuse

Same here @loss9696, wondering if they already CL, stuck at 3.23 goshhhhh

Posted by newbies522 > 2020-12-03 10:37 | Report Abuse

i'm still holding it...waiting for the qtr report

Posted by tuapuikia > 2020-12-03 10:38 | Report Abuse

just wait for the next quarter if you can wait, if not just cut loss and wait for good timing to re-enter.

Posted by Myeye > 2020-12-03 15:05 | Report Abuse

~.~ +2.73

Posted by c2k9791 > 2020-12-03 21:26 | Report Abuse

Drop for few months but will back to high point within a week when volume is back.

Posted by Siewkuan > 2020-12-04 09:42 | Report Abuse

qtr results expected by 9 dec. could it be bankers pushing the price down to collect. The coming qtr results shld be good.

Posted by Myeye > 2020-12-04 10:07 | Report Abuse

~.~ +2.70

Posted by Siewkuan > 2020-12-04 10:17 | Report Abuse

or maybe due to the reason resin price up, affecting the sentiments. only minor price up only rm2.80 to rem2.90 on resin.

still holding.

Posted by serendipity89 > 2020-12-05 07:05 | Report Abuse

https://www.bbc.com/news/world-us-canada-55182309

Posted by LiimInvest > 2020-12-06 08:58 | Report Abuse

Resin price up 20-25 % & face mask were over supply now. Too many producers

Posted by freemason1111 > 2020-12-06 18:51 | Report Abuse

brother, scgm core business is f&b packaging not producing mask, mask is one of their side income

Posted by Myeye > 2020-12-07 12:19 | Report Abuse

~.~

Posted by New994 > 2020-12-07 12:39 | Report Abuse

High TP from public bank for scgm

Posted by 陈可德 > 2020-12-07 15:57 | Report Abuse

The QR this time will soar high! Definitely, the 2021 business outlook will be good compared to other sectors! High resin cost can be offset by business growth!

Posted by LiimInvest > 2020-12-08 08:51 | Report Abuse

“The government’s deal is only with Pfizer and Covax, and does not go through any third party or middleman,” he added.

https://www.malaymail.com/news/malaysia/2020/12/07/allocation-for-mosti-approved-minister-says-govts-covid-19-vaccine-deal-onl/1929671

Posted by m3379 > 2020-12-08 10:12 | Report Abuse

Steady

Posted by Mr.Sm Invest123 > 2020-12-08 22:45 |

Post removed.Why?

Posted by Mr.Sm Invest123 > 2020-12-08 22:49 | Report Abuse

https://www.reuters.com/article/us-health-coronavirus-fda-pfizer-idUSKBN28I1RX

Posted by New994 > 2020-12-09 11:27 | Report Abuse

Possible to out QR by today?

Posted by alaska > 2020-12-09 11:56 | Report Abuse

2QFY21 results on 21st Dec 2020

Posted by Mr.Sm Invest123 > 2020-12-09 12:49 | Report Abuse

Resin price up over 20%

Posted by Meshach Mano > 2020-12-09 14:16 | Report Abuse

21/12, Boleh Perform kah ini stock?

Posted by St0000ck > 2020-12-09 17:20 | Report Abuse

Boss said when resin price increases, the increment will be afforded by customers not scgm

Posted by c2k9791 > 2020-12-09 19:55 | Report Abuse

Hi Mr.Sm, where can i see the resin price?

Posted by Mr.Sm Invest123 > 2020-12-09 21:06 | Report Abuse

This is market price.

Posted by NPRA1985 > 2020-12-09 22:55 | Report Abuse

United Arab Emirates Claims China’s Sinopharm Vaccine Is 100% Effective At Preventing Moderate And Severe Covid-19

TOPLINE The experimental vaccine developed by China National Pharmaceutical Group, also known as Sinopharm, is 86% effective at preventing Covid-19 infection and 100% effective at preventing severe and moderate disease, health officials from the United Arab Emirates announced Wednesday, although with scarce detail provided about the trial.

The UAE health ministry cited an interim analysis of a late-stage clinical trial involving 31,000 volunteers as the source of its information, though neither they nor Sinopharm provided any data from the trial to validate the claims such as how many participants were infected or how many actually received the vaccine.

The ministry said “no serious safety concerns” were observed, though, again, no information on side effects was provided.

The ministry said the announcement is a “significant vote of confidence by the UAE’s health authorities in the safety and efficacy of this vaccine.”

The ministry added that it had officially registered the vaccine at the request of the manufacturer, which it says could eventually lead to the shot’s widespread authorization.

https://www.forbes.com/sites/roberthart/2020/12/09/united-arab-emirates-claims-chinas-sinopharm-vaccine-is-100-effective-at-preventing-moderate-and-severe-covid-19/?sh=2a60fb42595c

Posted by Myeye > 2020-12-10 09:11 | Report Abuse

~.~

Posted by LikeAstar > 2020-12-10 16:15 | Report Abuse

Anybody know when QR out?

Posted by tokohM > 2020-12-11 10:31 | Report Abuse

21st Dec

Posted by Thomasyow > 2020-12-11 17:55 | Report Abuse

Support at 2.6?

Posted by Siewkuan > 2020-12-13 22:39 | Report Abuse

Why prices keep dropping?

Posted by loss9696 > 2020-12-13 23:36 | Report Abuse

9696, ready for the ride?

Posted by St0000ck > 2020-12-14 01:38 | Report Abuse

ride to hollanddddddd

Posted by goreng_kaki > 2020-12-14 09:11 | Report Abuse

LOOK LIKE THE RESULT IS VERY POOR

Posted by simple123 > 2020-12-14 09:46 | Report Abuse

healthcare counters red sea today

Posted by serendipity89 > 2020-12-14 10:06 | Report Abuse

Time to sapuuuuu

Posted by Bigboss99 > 2020-12-14 13:03 | Report Abuse

Scgm not health sector. It provide packaging for F&B.

Posted by darrenlee97 > 2020-12-14 14:20 | Report Abuse

Quite pity for SCGM. Thermofoaming as their main sector, mask just their newly side income, but all the so called 'investor' claimed SCGM as health sector. Profit wont drop due to rising of raw material price as it bears by the customers themselves. Profit margin might not be new high as its quite hard for a company to keep stay all time new high.

The main reason why the share price drop as there's no more "teachers and sifu" buy call on it. The market fund has moved to recovery stock etc consumer, airlines, banking.

Good time for value investor to come in.