SINMAH CAPITAL BERHAD

KLSE (MYR): SMCAP (9776)

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Last Price

0.06

Today's Change

+0.005 (9.09%)

Day's Change

0.06 - 0.06

Trading Volume

20,000


4 people like this.

1,873 comment(s). Last comment by khpwwl 1 month ago

Posted by joseph1984 > 2019-02-21 09:45 | Report Abuse

really dead counter

Woodie_72

19 posts

Posted by Woodie_72 > 2019-02-21 09:52 | Report Abuse

smcap no strength go up anymore?

AlfI3

1,289 posts

Posted by AlfI3 > 2019-02-21 10:13 | Report Abuse

Like a dead wood.......sleeping quietly

Posted by Goldenflash > 2019-02-21 10:28 | Report Abuse

lol sad to see no movement

Posted by joseph1984 > 2019-02-21 11:40 | Report Abuse

yalo...

Posted by joseph1984 > 2019-02-21 12:00 | Report Abuse

no movement no volumn

Posted by joseph1984 > 2019-02-21 16:00 | Report Abuse

finally move a bit...but not good enough

Boneka

286 posts

Posted by Boneka > 2019-02-21 20:37 | Report Abuse

This could be one of SMCAP's hospital construction project in the making. https://m.malaysiakini.com/news/464944

I am particularly drawn to their diversification into the healthcare sector which is a recession proof business targeting the lucrative M40 & B40 groups.

In line with their visionary plan, I am putting my money where my mouth is. Added some to my portfolio today

Posted by FarmbesFlyer > 2019-02-21 22:56 | Report Abuse

Coming coming!!

Spectre888

185 posts

Posted by Spectre888 > 2019-02-22 08:56 | Report Abuse

Yesterday, a long white candle has been formed (Bullish Belt Hold Line).
This indicates a bull trend reversal.

Posted by joseph1984 > 2019-02-25 09:18 | Report Abuse

stagnant again

Posted by joseph1984 > 2019-02-26 15:42 | Report Abuse

dead again

Boneka

286 posts

Posted by Boneka > 2019-02-28 20:01 | Report Abuse

Sinmah announced the sale of 2 parcels of land (4.52 acres) for RM27.2mil yesterday.
http://m.malaysiastock.biz/Company-Announcement.aspx?id=1123899

Note - By unlocking these 2 assets, Sinmah Group intends to utilise up to RM14.50mil of the proceeds to pare down its bank borrowings of RM31.07mil as at 31/12/18.

Going forward, this will greatly enhance their cash flow and allow them to focus on their foray into the healthcare business.
This is going to be an exciting year for Sinmah!

calvin5025

535 posts

Posted by calvin5025 > 2019-03-01 08:47 | Report Abuse

today will drop until 0.15 then up again

Despacito

393 posts

Posted by Despacito > 2019-03-03 11:52 | Report Abuse

Sunday, March 3, 2019
Breaking News : Emergency Announcement
SILA AMBIL PERHATIAN.  PROJEK HOSPITAL BARU SEMENYIH AKAN DIPINDAHKAN KE RANTAU DENGAN SERTA MERTA.

THE PROPOSED NEW SEMENYIH HOSPITAL WILL BE IMMEDIATELY MOVED TO RANTAU.
SEKIAN MAKLUM.
Posted by Syed Akbar Ali at 7:07:00 AM
http://syedsoutsidethebox.blogspot.com/2019/03/breaking-news-emergency-announcement.html?m=0

INILAH JAWAPANNYA - PH AKAN BERUSAHA SAMA DENGAN WAWASAN SINMAH UNTUK MEMBINA HOSPITAL LUMAYAN  KESELURUHAN NEGARA SUPAYA MEMBAWA MANFAAT KEPADA GOLONGAN MISKIN :)))
Projek Hospital Pertama sudah dilancarkan: -
https://www.nst.com.my/business/2019/01/451671/sinmah-capital-focuses-building-hospitals-b40-and-m40

Brader, akhir kata, jangan ketinggalan ya...sailang..jom!

AlfI3

1,289 posts

Posted by AlfI3 > 2019-03-06 05:16 | Report Abuse

Changing of hospital site somehow or rather wud defer investors confidence of its uncertainty:(

calvin5025

535 posts

Posted by calvin5025 > 2019-03-11 09:07 | Report Abuse

gg counter

Boneka

286 posts

Posted by Boneka > 2019-03-12 12:31 | Report Abuse

With such unscrupulous practices going on, Sinmah' hospital project is on the right track!! A saviour to the M40 & B40 groups.

http://syedsoutsidethebox.blogspot.com/2019/03/private-hospitals-ripping-off-public.html?m=0

Monday, March 11, 2019
Private Hospitals Ripping Off The Public

The following is written by VM Chandran. It details the "predatory" and rip off behaviour of private hospitals in the country, especially large, corporate owned private hospitals in the Klang Valley. Do read my comments at the end.

Private Hospital care - Cost escalation, "Hidden charges" By VM Chandran

I have heard of "1st world facilities, 3rd class mentality". This has been an issue where people do not look after the facilities including its regular maintenance. This seems to be the "perennial disease" in Malaysia.

Now i must coin a new term, "3rd class facilities, 1st class charges,". This is based on my experience of a week's hospitalization at a reputed hospital in Kuala Lumpur. Save for the excellent Specialists who attended to me, the other aspects became a " nightmare".

Spectre888

185 posts

Posted by Spectre888 > 2019-03-12 20:40 | Report Abuse

A lot of preparatory works have been taking place behind the scene.
Sinmah is a turnaround stock in the making!!!
Board the flight early before it takes off. Target Price = 0.65;

Announcement - http://m.malaysiastock.biz/Company-Announcement.aspx?id=1127036
Description - SINMAH CAPITAL BERHAD (THE "COMPANY" OR "SCB")
- INCORPORATION OF A NEW SUBSIDIARY
The Board of Directors of Sinmah Capital Berhad (“the Company” or “SCB”) wishes to announce that on 12 March, 2019, Sah Medical Center Sdn. Bhd. (“SMCSB”), the 95% owned subsidiary of Sinmah Amegajaya Healthcare Sdn. Bhd. ("SAHSB"), the 70% owned subsidiary of the Company had incorporated a new subsidiary known as Sah Medical Center (Segamat) Sdn. Bhd. (“SMCSSB”) under the Companies Act, 2016. The intended principal activities are hospital development, management and construction and to carry on all healthcare related activities.

SMCSSB was incorporated with an issued share capital of RM1,000.00 comprising 1,000 ordinary shares. 100% of the issued share capital of SMCSSB is owned by SMCSB. Upon incorporation, SMCSSB shall become a wholly-owned subsidiary of SMCSB.

The above incorporation does not have any effect on the issued share capital of the Company and has no material effect on the earnings and net assets of the Company and its subsidiaries for the financial year ending 31 December 2019.

None of the directors and/or substantial shareholders of the Company, or persons connected to such director and/or substantial shareholder has any interest, direct or indirect, in the said incorporation.

This announcement is dated 12 March, 2019.

rivter

163 posts

Posted by rivter > 2019-03-13 16:52 | Report Abuse

TP0.65? tahun 2099 ar?

khpwwl

3,482 posts

Posted by khpwwl > 2019-03-13 19:05 | Report Abuse

Tp 0.30...I m happy...don't think too far

kjyang

56 posts

Posted by kjyang > 2019-03-13 21:18 | Report Abuse

30sen sudah cukup

Boneka

286 posts

Posted by Boneka > 2019-03-14 08:09 | Report Abuse

The stage is formally set for Sinmah to diversify into the healthcare business...way to go :)))

ORDINARY RESOLUTION 3
PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF SINMAH AND ITS
SUBSIDIARIES (“SINMAH GROUP”) TO INCLUDE HEALTHCARE BUSINESS (“PROPOSED
DIVERSIFICATION”)
“THAT, subject to the approvals of all relevant authorities (if any), approval be and is hereby granted to Sinmah Group to diversify its principal activities to include healthcare business.
AND THAT the Board be and is hereby authorised to do all acts, deeds and things as are necessary to give full effects to the Proposed Diversification with full power to assent to any conditions, modifications, variations and/or amendments as may be required or imposed by the relevant authorities, and to take all steps and actions in the best interest of the Company as the Board may deem fit or expedient in order to carry out, finalise and give full effect to the Proposed Diversification.”
https://klse.i3investor.com/meeting/9776/12-Mar-2019/8151_509503749.jsp

Spectre888

185 posts

Posted by Spectre888 > 2019-03-14 12:55 | Report Abuse

SINMAH'S ENTRY INTO THE HEALTHCARE INDUSTRY IS TIMED WITH PRECISION!

"“The number of doctors graduating is 5,000 a year. The number of hospitals has only gone up from 36 to 42 while the number of patients has doubled,” said Dr Ravi Naidu."
https://www-imoney-my.cdn.ampproject.org/v/s/www.imoney.my/articles/2019-budget-wishlist-malaysians-healthcare-concerns/amp?amp_js_v=a2&amp_gsa=1&usqp=mq331AQCCAE%3D#referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.imoney.my%2Farticles%2F2019-budget-wishlist-malaysians-healthcare-concerns

SK1200

858 posts

Posted by SK1200 > 2019-03-14 15:35 | Report Abuse

Egg price will determine this counter..let buy while price still low

Posted by joseph1984 > 2019-03-14 16:04 | Report Abuse

agreed

calvin5025

535 posts

Posted by calvin5025 > 2019-03-15 09:05 | Report Abuse

buy SMCAP

calvin5025

535 posts

Posted by calvin5025 > 2019-03-15 09:13 | Report Abuse

today will close 0.23

dompeilee

11,888 posts

Posted by dompeilee > 2019-03-15 09:20 | Report Abuse

Thank goodness I still hold 5 lots of this one =)

GreenTrade

651 posts

Posted by GreenTrade > 2019-03-15 10:28 | Report Abuse

Current Market cap RM 50 million

Healthcare Project RM 1 billion +
NTA 0.47

Lots of potential to go :)

Boneka

286 posts

Posted by Boneka > 2019-03-15 14:08 | Report Abuse

Sold all my Dayang shares to collect more of Sinmah shares this morning.
Extremely bullish with a high volume of 36.9mil traded in the morning session alone.
Buy before it crosses 0.30!!!
Imagine if they were to built one hospital in each state, the estimated cost would be about RM7Bil.
Health is certainly Wealth :-)

Posted by FarmbesFlyer > 2019-03-15 20:01 | Report Abuse

Finally engine starts to roar!! Target rm 1!!

alivetoinvest

1,249 posts

Posted by alivetoinvest > 2019-03-16 17:10 | Report Abuse

This stock used to be pushed up from 0.40 to RM 4 in a few weeks

Rm 1 shouldnt be a problem

calvin5025

535 posts

Posted by calvin5025 > 2019-03-18 10:35 | Report Abuse

buy smcap

alivetoinvest

1,249 posts

Posted by alivetoinvest > 2019-03-19 11:24 | Report Abuse

run bye bye

Shawn Ng

89 posts

Posted by Shawn Ng > 2019-03-19 17:05 | Report Abuse

I buy it more

khlee

13 posts

Posted by khlee > 2019-03-19 21:22 | Report Abuse

i also buy more

Cojack31

1,673 posts

Posted by Cojack31 > 2019-03-20 14:59 | Report Abuse

Buy..buy

Cojack31

1,673 posts

Posted by Cojack31 > 2019-03-21 11:49 | Report Abuse

No volume ..but someone is collected now

Posted by commonsense > 2019-03-21 12:19 | Report Abuse

Just not sure why people would want to invest in this company. Full year 2018 result was a loss of -RM38.6mil. Even after deducting the one off items (impairment and gain on disposal) the core net loss to shareholder would still be at a high of -RM15.5mil which is worst than the FY17 core losses of -RM13.7mil ( again you need to exclude the impairments and gain on disposal).

FY19 prospect does not seem to be that bullish given the management comments in the 4Q18 report. With still low average selling price of live broilers, investors need to expect a 1Q19 result that would most probably still be in the red.

If you are looking to hedge your portfolio outside of Sinmah Capital (due to its weak earnings outlook), I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.5x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models, will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

MBMR is expected to achieve a profit of RM200mil in 2019. At the current share price, the company is being valued at only 5.4x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

YSL76

1,660 posts

Posted by YSL76 > 2019-03-21 13:14 | Report Abuse

Kannina... If u want promote MBMR u just promote la, why step down SMCAP.. really idiot

Boneka

286 posts

Posted by Boneka > 2019-03-22 09:11 | Report Abuse

NOW IS THE TIME TO COLLECT MORE SINMAH’S SHARES BEFORE HEALTHCARE REITS CORNERED THEM!

Here's the hint: - After their successful venture into KPJ Healthcare, "Al-Aqar Healthcare Reit" could be targeting Sinmah's lucrative hospital projects.
https://fifthperson.com/7-things-i-learned-from-al-aqar-healthcare-reits-2017-agm/

Healthcare business is a perpetual long-term growth business. Smart investors will take the prudent approach to grow their investment in Sinmah’s healthcare business.

This is not a buy call. Kindly do your own research before you invest. With health comes wealth. Goodluck :-);

Cojack31

1,673 posts

Posted by Cojack31 > 2019-03-22 09:17 | Report Abuse

Buy..buy. will fly soon..

Cojack31

1,673 posts

Posted by Cojack31 > 2019-03-22 09:17 | Report Abuse

My opinion.. dun misjudge

Cojack31

1,673 posts

Posted by Cojack31 > 2019-03-22 10:23 | Report Abuse

Buy..buy

mh87

3,966 posts

Posted by mh87 > 2019-03-22 11:45 | Report Abuse

looks attractive now..

mh87

3,966 posts

Posted by mh87 > 2019-03-22 15:57 | Report Abuse

buy before late..

Spectre888

185 posts

Posted by Spectre888 > 2019-03-22 16:42 | Report Abuse

Thanks for the tip Boneka!

<<<Posted by Boneka > Mar 22, 2019 9:11 AM | Report Abuse

NOW IS THE TIME TO COLLECT MORE SINMAH’S SHARES BEFORE HEALTHCARE REITS CORNERED THEM!

Here's the hint: - After their successful venture into KPJ Healthcare, "Al-Aqar Healthcare Reit" could be targeting Sinmah's lucrative hospital projects.
https://fifthperson.com/7-things-i-learned-from-al-aqar-healthcare-rei...

Healthcare business is a perpetual long-term growth business. Smart investors will take the prudent approach to grow their investment in Sinmah’s healthcare business.

This is not a buy call. Kindly do your own research before you invest. With health comes wealth. Goodluck :-); >>>

mh87

3,966 posts

Posted by mh87 > 2019-03-22 17:07 | Report Abuse

Good closing... Will continue on next week

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