SCGM BHD

KLSE (MYR): SCGM (7247)

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Last Price

0.685

Today's Change

+0.01 (1.48%)

Day's Change

0.67 - 0.69

Trading Volume

257,100


13 people like this.

2,953 comment(s). Last comment by share4u888 2 days ago

Posted by Dave Cheng > 2021-09-26 23:22 | Report Abuse

SCGM Bhd - The rise of Sustainable Packaging Manufacturer
Time: Sep 28, 2021 08:00 PM Kuala Lumpur

Join Zoom Meeting
https://us02web.zoom.us/j/83359060473?pwd=dzNEUm5vcG03YUowUWNRd0JtYnJ6dz09

Meeting ID: 833 5906 0473
Passcode: 369843

Posted by Dave Cheng > 2021-09-26 23:23 | Report Abuse

For those who want to know about our results, please join our zoom session on Sept 28th 2021 @800pm.

Posted by vcpmaster123 > 2021-09-27 08:31 | Report Abuse

@dave cheng, I heard chairman said the qr result this round is very good....can you tell us more on this? Perhaps reveal a bit on the profit margin?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-09-27 08:34 | Report Abuse

Good morning...!

Maxmin

276 posts

Posted by Maxmin > 2021-09-27 11:29 | Report Abuse

可以share split或BONUS ISSUE增加流通量.每季派息也可获EPF青睐.加油!

Myeye

1,373 posts

Posted by Myeye > 2021-09-27 15:40 | Report Abuse

~.~

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-09-27 17:03 | Report Abuse

Qr today or tomorrow?

Posted by Dontbullshit > 2021-09-27 20:18 | Report Abuse

SCGM can go to PE20?

Posted by vcpmaster123 > 2021-09-28 09:34 | Report Abuse

Close 1 eye also know the result this round will be good...resin cost moderating and asp maintained at high level..

Posted by vcpmaster123 > 2021-09-28 09:34 | Report Abuse

Expect scgm to trend upwards to 2.80 level first before long term tp at 3.30 level..

Alex Lim

588 posts

Posted by Alex Lim > 2021-09-28 16:00 | Report Abuse

Q result not good? today drop a lot.

Posted by dannythen > 2021-09-28 16:19 | Report Abuse

Drop after AGM, anyone attended the AGM session just now?

Posted by vcpmaster123 > 2021-09-28 18:34 | Report Abuse

Great set of results even though 60% of operating workforce..There will be better results ahead of us..

Posted by BALANCE_VIEW > 2021-09-28 19:08 | Report Abuse

Not sure hiw can it be defined as good results.
What was the operatinf workforce in Q1 last FY (May, June &July 2020)?
I thought last year was worst off than this year in term of lockdown.

Posted by Dontbullshit > 2021-09-28 19:48 | Report Abuse

Resin price was hit the top in May. Even with the high raw material cost, SCGM is still able to make more profits due to the increase sales volume with eveleted ASP.

Posted by serendipity89 > 2021-09-28 21:29 | Report Abuse

Dato Sri did a great sharing on zoom regarding the future prospect. confident with the company

Posted by serendipity89 > 2021-09-28 21:30 | Report Abuse

revenue gonna continue to grow. margin improving

Posted by LSYsharker > 2021-09-28 21:42 | Report Abuse

Dato Sri confident to hit 30m per month revenue soon during zoom briefing

mf

29,380 posts

Posted by mf > 2021-09-28 22:00 | Report Abuse

Nasdaq falls more than 1% as tech stocks tumble amid bond yield spike

investopology

1,984 posts

Posted by investopology > 2021-09-29 10:13 | Report Abuse

so are you guy still holding? Haha

Stockhunter88

2,031 posts

Posted by Stockhunter88 > 2021-09-29 10:28 | Report Abuse

Shiat.. Need to wait for next cycle d.. Luckily sold all yesterday

Myeye

1,373 posts

Posted by Myeye > 2021-09-29 16:38 | Report Abuse

Thanks 2 cent dividend, enough for me ~.~

Posted by BALANCE_VIEW > 2021-09-29 21:15 | Report Abuse

So weak, but BP Plastic price keep going up

Posted by Dontbullshit > 2021-09-29 22:09 | Report Abuse

Hold tight

Myeye

1,373 posts

Posted by Myeye > 2021-10-01 09:45 | Report Abuse

~.~ +2.41 support support ~.~

Myeye

1,373 posts

Posted by Myeye > 2021-10-04 10:08 | Report Abuse

~.~

Myeye

1,373 posts

Posted by Myeye > 2021-10-05 09:29 | Report Abuse

~.~ support support a bit +2.37 ~.~

Posted by BeatySwalls > 2021-10-05 14:03 | Report Abuse

Breakout?? Robust demand is confirmed. Simple business with F&B and PPE exposure. I'm expecting continued growth without end in sight. Capacity expansion should add more fuel to earnings growth. Anything not to like? Up Up and Away!!!

Kenanga - 05 Oct 2021
Plastics & Packaging - Taking An Expansive View

We also maintain our OP call on SCGM (TP: RM3.13) for (i) its capacity expansion plans, and (ii) the robust demand for its F&B packaging and PPE products.

We think these players will continue to experience robust demand for their products and their continuous expansion of product range should continue fuelling future earnings growth.

Brutus

315 posts

Posted by Brutus > 2021-10-05 14:25 | Report Abuse

So happy this morning caught it at 2.36 before it spiked up.

Posted by HengyuanZai > 2021-10-05 19:04 | Report Abuse

scgm will soon behind it's second downtrend movement as LLDPE resin price soars to new high 9640

Myeye

1,373 posts

Posted by Myeye > 2021-10-06 09:32 | Report Abuse

~.~

Myeye

1,373 posts

Posted by Myeye > 2021-10-13 10:10 | Report Abuse

Get dividend lo ~.~

Myeye

1,373 posts

Posted by Myeye > 2021-10-15 16:45 | Report Abuse

~.~ support support +2.36

Brutus

315 posts

Posted by Brutus > 2021-10-15 17:44 | Report Abuse

@Myeye, yes I managed to pick up more at 2.36 before dividend. Now just waiting end month for dividend to come in.

Posted by serendipity89 > 2021-10-17 10:08 | Report Abuse

when the share price want to move? hold for 1yr+ still about the same price range

Posted by BALANCE_VIEW > 2021-10-17 17:00 | Report Abuse

Seriously, getting fed up holding this counter.
Non stop having briefing this briefing that.
All syiok sendiri.
Price at this range for bldy ages aldy.
But other in same industry e.g. BP , etc has rocketed up.
Here keep telling how good is their biz, but suddenly last quarter profit affected. Not sure other peers affected or not.

Myeye

1,373 posts

Posted by Myeye > 2021-10-18 16:43 | Report Abuse

~.~ gogOGO ~.~

Posted by serendipity89 > 2021-10-18 20:22 | Report Abuse

Nice! Time to rocket! Gogogo

Brutus

315 posts

Posted by Brutus > 2021-10-19 11:48 | Report Abuse

Was hoping to catch another batch <2.40 but engine start to move up. Guess I have missed the boat or have to wait a while longer.

Myeye

1,373 posts

Posted by Myeye > 2021-10-20 11:05 | Report Abuse

~.~ Be patience ~.~

Posted by EatCoconutCanWin > 2021-10-21 23:29 | Report Abuse

Oil prices dropped. Good for plastic player rebound. Luckily bought at 2.46 @3lot

c2k9791

275 posts

Posted by c2k9791 > 2021-10-22 06:57 | Report Abuse

Adoi, up 1day, back to origin within 2 days. FIFO counter kah???

c2k9791

275 posts

Posted by c2k9791 > 2021-10-22 07:07 | Report Abuse

Resin ASP came down 10%-15% from top...Should be good for plastic product maker what..

Myeye

1,373 posts

Posted by Myeye > 2021-10-22 09:40 | Report Abuse

~.~

Myeye

1,373 posts

Posted by Myeye > 2021-10-22 16:10 | Report Abuse

Patience is GOLD ~.~

Posted by EatCoconutCanWin > 2021-10-22 16:56 | Report Abuse

Good job..

InvestorX

30 posts

Posted by InvestorX > 2021-10-22 19:55 | Report Abuse

testing resistance x2...

c2k9791

275 posts

Posted by c2k9791 > 2021-10-23 09:00 | Report Abuse

Next week 1 long candle break through 2.60. Game begin until 2.80

c2k9791

275 posts

Posted by c2k9791 > 2021-10-23 09:01 | Report Abuse

No more FIFO pls....

Myeye

1,373 posts

Posted by Myeye > 2021-10-25 09:09 | Report Abuse

~.~

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