Posted by Mr.Sm Invest123 > 2020-12-23 17:31 | Report Abuse

Luckily I ran first

Posted by hkimbrs > 2020-12-23 17:34 | Report Abuse

Still got hope?

Posted by Mr.Sm Invest123 > 2020-12-23 17:48 | Report Abuse

Resin price up 25%, mask over supply, no MCO a& high borrowings

Posted by EdwinYap86 > 2020-12-23 19:54 | Report Abuse

Haha Not only gloves party over, but mask party over too

because Oversupply and price control from gov

Good bye bag holders

Posted by c2k9791 > 2020-12-23 20:22 | Report Abuse

Hi, Where can i see resin price? Mind to share the link here....Tq

Posted by Dontbullshit > 2020-12-23 20:34 | Report Abuse

Mask oversupply but the plastic business is still running very good. Just be patient

Posted by Dontbullshit > 2020-12-23 20:35 | Report Abuse

Mask business is just a bonus

Posted by Dontbullshit > 2020-12-23 20:48 | Report Abuse

Future Prospects

Demand for F&B packaging remains resilient as the Group continues to serve current clients and
add new customers from the local and export markets. The Group’s competencies in customizing
new packaging, producing large volume of packaging and delivering to clients in a timely manner
will be a boon for the Group’s prospects.

The Malaysian Government extended the Recovery Movement Control Order (RMCO) in certain
states till 31 December 2020 to contain the spread of COVID-19 which reinforced the changed
consumer behaviour especially in social settings. SCGM is uniquely positioned to serving the
needs of both the medical and F&B sectors.

In the PPE segment, the Group will further expand our face mask production capacity with
specialised equipment, and has committed RM0.2 million to purchase 1 unit of automatic face
mask production and packing machines that will enable the Group to produce single-pack face
masks. It will also increase our production capacity from 6.0 million pieces per month to 7.2
million pieces per month.

The Group aims to cater to demand for face masks and face shields from the domestic and
overseas markets, including Singapore and the USA

Posted by zelda1986 > 2020-12-23 21:43 | Report Abuse

Value investor time to get on board.. for those says this counter useless, please get your ass out of here and study more about the fundamentals of this company, let price determines company value, you are going to be a loser for your whole investment portfolio!!

Posted by darrenlee97 > 2020-12-24 10:58 | Report Abuse

@zelda1986 theres no more value invest in KLCI, money losing counter share price spike only

Posted by smart9898 > 2020-12-24 11:13 | Report Abuse

I work in SCGM before so be patient. Core business is plastic packaging, and mask is an extra bonus to company. Those relate this counter to health sector, sorry to said you are not an smart investor. Comment me if you like my statement.

Posted by DeBao > 2020-12-24 11:27 | Report Abuse

it is one of few companies that show > 10 years revenue uptrend (since 2008), and same to earnings (exclude 2019, high depreciation & finance cost as massive capacity expansion). The management consider capable and very alert, in 2020 March after gov announce MCO, they already tighten credit to customer and manage receivables (knowing the risk ahead).

Posted by loss9696 > 2020-12-24 11:48 | Report Abuse

Seems like a lot of ppl hates scgm so much. So let's sell down this useless stock, tp 0.7. go go go.

Posted by Dakewlest > 2020-12-24 17:02 | Report Abuse

Just bought this stock. Hopefully can reach RM2.50 soon.

Posted by smart9898 > 2020-12-24 17:04 | Report Abuse

Lose9696 only you hate this counter because you staying high floors and impatient which is different from us where can hold for long term.

Posted by gemfinder > 2020-12-25 16:51 | Report Abuse

160 can consider enter

Posted by UndukNgadau > 2020-12-26 12:07 | Report Abuse

I'm comfortable to re-enter under 1.90

Posted by loss9696 > 2020-12-27 21:46 | Report Abuse

smart9898 i just being comfortable for scgm to sell at whatever price the banker wants it, i won't hate any stock because my name already said it.

Posted by FriendlyNeighbourhoo > 2020-12-27 23:32 | Report Abuse

May be not a good buy for short term, but definitely good for long term.
Please drop to rm2.00, I shall add more

Posted by jonathanchee > 2020-12-28 10:03 | Report Abuse

early December TY Yap already warned his platinium members to run away from tiz counter. foundamental still OK but technical shit. onli come back to look at rm2.0

Posted by tianyue > 2020-12-28 11:28 | Report Abuse

FriendlyNeighbourhoo, ur average price?

Posted by Newbie789 > 2020-12-28 14:51 | Report Abuse

Why boss keep doing nothing? Fk

Posted by god2077 > 2020-12-28 15:57 | Report Abuse

purposely drive the price down to collect more shares?

Posted by Tarrance Schu > 2020-12-28 16:15 | Report Abuse

on the way to Holland

Posted by Consultant > 2020-12-28 19:08 | Report Abuse

not the time to go in for this counter.. will drop further.. better wait for rm1 and below

Posted by Dontbullshit > 2020-12-28 20:26 | Report Abuse

@Consultant then you better slow slow wait hahaha

Posted by Michael Dreamun > 2020-12-28 20:50 | Report Abuse

Can go lower to under 2?

Posted by Hooweeseng > 2020-12-28 23:36 | Report Abuse

Soon... Below 2 should be OK to collect more

Posted by FriendlyNeighbourhoo > 2020-12-28 23:38 | Report Abuse

TianYue, around rm2.2

Posted by Myeye > 2020-12-29 09:11 | Report Abuse

~.~

Posted by darrenlee97 > 2020-12-29 09:20 | Report Abuse

Is anyone still tag with the counter like me?

Posted by serendipity89 > 2020-12-29 09:28 | Report Abuse

Parking....

Posted by goreng_kaki > 2020-12-29 09:38 |

Post removed.Why?

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

Can buy when 2

Posted by Hooweeseng > 2020-12-29 10:20 | Report Abuse

1.80 should be a good entry ...just guess

Posted by Newbie789 > 2020-12-29 10:36 | Report Abuse

Sell all! Wait more lose more

Posted by kens88 > 2020-12-29 11:26 | Report Abuse

bought at 2.26. waiting 1.6 to buy

Posted by kakarot > 2020-12-29 11:26 | Report Abuse

Share price is 1.80 for P/E 12

Posted by Consultant > 2020-12-29 11:35 | Report Abuse

Will drop below 2 soon.. just wait patiently.. no point buying a share that's dropping..

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

The core business of SCGM is plastic and bio degradable packaging for food business. The mask business is the extra business to the company.
This counter has no direct link to health sector, the reduction is face mask business will not affect the SCGM core business.
Anyone who sell this counter will be regretted.

Posted by Hooweeseng > 2020-12-29 12:17 | Report Abuse

waiting ....

Posted by Consultant > 2020-12-29 14:47 | Report Abuse

This counter not bad.. but not good for time being.. not the time to enter yet.. it will continue red for at least a month

Posted by royong82 > 2020-12-29 16:03 | Report Abuse

looks like more panic selling at low side...retailer kill each other.

Posted by royong82 > 2020-12-29 16:08 | Report Abuse

many retailer kill each other by selling 1kunit to make RM2.1k :)

Posted by Consultant > 2020-12-29 16:49 | Report Abuse

Those are not retailer.. those are manipulator playing around.. instead of letting the shares crash to its supposed level.. tmr will see red again..

Posted by learnbyheart > 2020-12-29 23:08 | Report Abuse

seem like selling pressure subside

Posted by FriendlyNeighbourhoo > 2020-12-29 23:42 | Report Abuse

this is a company worth to keep for ages.
Now may not be the best entry price, but definitely the right company to trust and accumulate.

Most of the time, we won't able to buy at lowest price, so, slowly accumulate is still the best strategy.

Posted by siawhui > 2020-12-30 10:19 | Report Abuse

Rebound
Those hope dropping to below RM2 can continue with your dream

Posted by Consultant > 2020-12-30 18:08 | Report Abuse

Rebound what lol.. tmr u see it will go down further...

This share is worth to buy only when it's below rm1

Posted by Mr.Sm Invest123 > 2020-12-30 23:18 | Report Abuse

Boss also diam now. Gg