When it was equal price as SCICOM at 0.95, got guru recommended to swap from Scicom to SCGBHD. Now Scicom share price still stood at 0.94, but Scgbhd dropped to 0.865
SCGBHD benefits from stronger MYR. It is because under the materials, company would procure copper and aluminium from their suppliers, denominated in USD. Weaker USD is good for the company. Furthermore, TNB has been demanding more cables from SCGBHD.
Very interesting prospect for institutional investor. Solid main market counter, most insti mandate can buy. Not many inside currently but when they come, the impact will be massive!
windows dressing will happen in this month dec 2024.
current scgbhd's shareholder: 1. perkeso 2. etiqa life insurance berhad 3. pmb shariah equity fund 4. jp morgan 5. acadian emerging markets equity master fund 6. pmb shariah aggressive fund 7. public mixed asset conservative fund
do you think others fund manager will consider to add SCGBHD to their portfolio? financial analysis of SCGBHD and company track record probably have the answer.
scgbhd is a prime beneficiary of the current electrification and DC theme play, as indicated by recent excellent QR. So far there is minimal IB coverage so better buy while its still under the radar!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
wongcheehui8383
46 posts
Posted by wongcheehui8383 > 2024-07-27 21:11 | Report Abuse
if not mistaken, monday will up based on MACD and candle stick