SCGM BHD

KLSE (MYR): SCGM (7247)

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Last Price

0.71

Today's Change

-0.005 (0.70%)

Day's Change

0.71 - 0.72

Trading Volume

95,300


13 people like this.

2,935 comment(s). Last comment by Safeld65 2 days ago

Posted by darrenlee97 > 2021-01-11 15:30 | Report Abuse

Plastic and Packaging industry in MY PE is around 15-20, just check on Daibochi, Tguan and Scientex. Just the retailer in Malaysia mistreat this counter as a HSE// PPE counter.

Consultant

1,200 posts

Posted by Consultant > 2021-01-11 16:31 | Report Abuse

Shin huat.. upto u.. lol.. no offense.. why get so agitated.. yawn

Finnmm

40 posts

Posted by Finnmm > 2021-01-11 16:49 | Report Abuse

WAKE UP SCGM !!!!!!!!!!!

davors

889 posts

Posted by davors > 2021-01-11 16:57 | Report Abuse

this forum is for info and opinion sharing right?
if some opinion you dont agree just ignore or comment back politely la...
sikit sikit SC la MCMC la track IP la... go ahead...
hahaha...

Posted by FriendlyNeighbourhoo > 2021-01-11 19:34 | Report Abuse

Definitely demand shoot up due to only take away and food delivery available.

ShinHuat

30 posts

Posted by ShinHuat > 2021-01-11 20:01 | Report Abuse

@davors too bad for you man.. Its for opinion sharing and so I state my opinion and views.. Don't like it you can ignore my comments. I don't give a sh** about what you think. It's a forum here after all and everything commented by Consultant is negative from Day 1. If you are such a naysayer, get lost from here man. And yes I'll report him.

ShinHuat

30 posts

Posted by ShinHuat > 2021-01-11 20:10 | Report Abuse

@davors.. And eh davors, mind your own business I wasnt even talking to you man.. Who are you? You're nothing and totally insignificant

Posted by Mr.Sm Invest123 > 2021-01-11 21:07 | Report Abuse

High resin price, over supply & high gearing

ACV2916

69 posts

Posted by ACV2916 > 2021-01-11 21:43 | Report Abuse

Let's keep our fingers crossed on whether SCGM will retest its price height @ RM3.80?

davors

889 posts

Posted by davors > 2021-01-12 06:38 | Report Abuse

oh yeah~

Consultant

1,200 posts

Posted by Consultant > 2021-01-12 06:44 | Report Abuse

Haha.. yawn.. watch how gloves do better.. if gloves up.. Sgcm still have glitter of hope.. else ahem.. good luck..

Hungerr

159 posts

Posted by Hungerr > 2021-01-12 07:44 | Report Abuse

U talk as if you are the only one that buy glove.just like a small kid.

Consultant

1,200 posts

Posted by Consultant > 2021-01-12 08:01 | Report Abuse

On 19/3.. scgm share down to 0.76.. after MCO introduced.. will history repeat?
Wink wink..
Another one hrs to go..

Old man hungerr.. hope your age help you earn more..

Hungerr

159 posts

Posted by Hungerr > 2021-01-12 10:05 | Report Abuse

Hah.small kid.you have little experience.how many glove share you bought? 1 lot?no meed the trash talking if you bought.only small kid will do that

ShinHuat

30 posts

Posted by ShinHuat > 2021-01-12 12:29 | Report Abuse

@Consultant.. Scgm share is well supported and current price is up 8 sen.. That's why I reiterate this Consultant naysayer dog is just thrash talking.. Everything that comes out is all negative.. Probably his intention is to accumulate more by creating fear.. Whatever u said doesn't hold water kid

RainT

8,448 posts

Posted by RainT > 2021-01-13 17:30 | Report Abuse

READ

andr

458 posts

Posted by andr > 2021-01-14 09:22 | Report Abuse

BBB

Posted by darrenlee97 > 2021-01-14 10:03 | Report Abuse

What happened ?

Consultant

1,200 posts

Posted by Consultant > 2021-01-14 11:30 | Report Abuse

Haha.. what happened.. ask shinhuat.. he knows the best

davors

889 posts

Posted by davors > 2021-01-14 14:39 | Report Abuse

for fundamental-wise SCGM memang cantek la...
for technical-wise... still uncertain...

go draw a parallel channel from 3/Aug/2020 till now you will see it is in mid-term downtrend...
if you on long-term then no worries...

for me i will wait a bit longer before enter...

davors

889 posts

Posted by davors > 2021-01-14 14:47 | Report Abuse

it may boom to 2.6 tomorrow... who knows?

if boom then congrats you guyz...

davors

889 posts

Posted by davors > 2021-01-14 15:13 | Report Abuse

As per Mr.Sm Invest123 said... resin price on the rise...

http://www.theplasticsexchange.com/

Posted by Mr.Sm Invest123 > 2021-01-14 23:55 | Report Abuse

Gg

Myeye

1,373 posts

Posted by Myeye > 2021-01-15 16:41 | Report Abuse

~.~

bslim117

17 posts

Posted by bslim117 > 2021-01-15 17:17 | Report Abuse

Why does SCGM price drop ? Any bad catalyst or news ?

Consultant

1,200 posts

Posted by Consultant > 2021-01-15 19:33 | Report Abuse

Glove drop.. so it will drop too.. unfortunately..

Posted by Dontbullshit > 2021-01-16 11:17 | Report Abuse

Volume is low. If want to goreng can easily goreng to RM 3

Consultant

1,200 posts

Posted by Consultant > 2021-01-16 17:55 | Report Abuse

Nowadays people prefer goreng glove counter/medic..

Banks coming down as moratorium loom + opr cut..

davors

889 posts

Posted by davors > 2021-01-17 16:11 | Report Abuse

http://johor.chinapress.com.my/?p=855616

2 pax confirmed... others waiting result....

posby

970 posts

Posted by posby > 2021-01-17 16:22 | Report Abuse

Nowdays very normal... Everyday also got ppl kena... Even factory from highest precaution n lowest also cant avoid... But SCGM steady enuf announced by itself... N isolated its staffs n mass checking...

ViWizard

780 posts

Posted by ViWizard > 2021-01-18 09:04 | Report Abuse

y no bursa announcement on covid case? we only knew it from newspaper

Posted by UndukNgadau > 2021-01-18 09:24 | Report Abuse

Because it's just a small matter. Just 2 out of over 563 employees. https://markets.ft.com/data/equities/tearsheet/profile?s=SCGM:KLS

kens88

698 posts

Posted by kens88 > 2021-01-18 12:16 | Report Abuse

Why keep saying it is glove stock? This is plastic counter like tguan and scientx right?

Posted by commonsense > 2021-01-18 12:23 | Report Abuse

If you guys want to find a company that is a recovery play post Covid 19, you should consider looking at MMC. https://klse.i3investor.com/servlets/ptg/2194.jsp

Below are the positive of the company:
• Valuation is cheap. Despite being the largest port operator in Malaysia, its valuation is still only less than half of its next biggest competitor, Westport.
• Dividend yield is high at between 5.4% to 6.6%. Given the low interest rate environment, this would appeal to a lot of dividend seeking investors.
• Cargo handled in 4Q20 is already passed precovid level. It is even higher that the pre trade war level which started in FY18. The largest port in the group is Pelabuhan Tanjong Pelepas where the 2M shipping alliance has decided to make it their Asean HQ Port. 2M consist of the 2 largest shipping companies in the world: Maersk and MSC.
• Bonus event. Potential monetisation of Port business via IPO. The group is looking to raised RM4bil via IPO. Assuming the amount is from the sales of up to 40% interest in the port business, this values the port business at RM10bil which is way above the current market cap of only RM2.5bil. This does not include their 38% holding in Malakoff (valued at RM1.8bil), 31% of Gas Malaysia (valued at RM1bil) and their Engineering business which is currently the main contractor for MRT2 (via JV with Gamuda).

With Biden being the new President of US, you can expect him to overturn Trump’s America First Policy. This will make it easier for US to trade with other countries including Europe and China which will increase global trade and benefits ports operators like MMC.

Posted by darrenlee97 > 2021-01-18 12:32 | Report Abuse

Still waiting below 2 to buy in

davors

889 posts

Posted by davors > 2021-01-18 12:33 | Report Abuse

i think SCGM no do gloves...
but it is in PPE production of face mask and face shield...

Posted by learnbyheart > 2021-01-18 12:39 | Report Abuse

Optimistic on their food packaging product. Nowadays people tapao instead of dine in. Food delivery also trending post covid. PPE production is just their side product only..go and check their website guys

Consultant

1,200 posts

Posted by Consultant > 2021-01-18 14:40 | Report Abuse

Soon below 2 ~~~ hunger oh hunger pls eat more so it won't drop below 2...

davors

889 posts

Posted by davors > 2021-01-18 15:32 | Report Abuse

SCGM if close below 2.10 today then habis.....

Posted by learnbyheart > 2021-01-18 21:22 | Report Abuse

yess..good news..tommorow gap up

davors

889 posts

Posted by davors > 2021-01-18 22:55 | Report Abuse

its subsidiary Lee Soon Seng Plastic Industries Sdn Bhd ("LSSPI"), only the stand-alone die-cut packing machines would be shut down for a 7-day period until 24th January 2021.

Hungerr

159 posts

Posted by Hungerr > 2021-01-19 00:28 | Report Abuse

lol,no need to go around jeering ppl in forum consultant.thats such a small kid attitude.i earn more than 400k for the past few months.this is nothing.what have you earn?bet you earn nothing.yet wana talk so big lol

Posted by learnbyheart > 2021-01-19 13:53 | Report Abuse

Public Bank target price today is RM3.84. Outperform!!

Michael Kwok

6,216 posts

Posted by Michael Kwok > 2021-01-19 22:55 | Report Abuse

I'm targeting testing rm 1.80 range possible in 5-10 trading days.Anything a bonus.

Posted by UndukNgadau > 2021-01-20 08:55 | Report Abuse

Michael: If you still have any SCGM, Please sell today. As I am still accumulating. I will not sell at 2.80 or even 3.80. NEVER!

davors

889 posts

Posted by davors > 2021-01-20 13:02 | Report Abuse

Michael Kwok: 1.80 probably 10-15 trading days...

Myeye

1,373 posts

Posted by Myeye > 2021-01-20 13:31 | Report Abuse

~.~

Posted by darrenlee97 > 2021-01-20 14:27 | Report Abuse

Yes, pls sell all and buy your favourite tech or steel and got trapped. I am waiting for your RM 1.8 if you wanna throw it down here.

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