Posted by zying > 2024-08-22 15:50 | Report Abuse

Power reloaded... ready for departure...

Posted by pang72 > 2024-08-26 22:57 | Report Abuse

Eps 1.7c.... Flat only...
DISSAPOINTED leh!

Posted by vixil39757 > 2024-08-26 23:02 | Report Abuse

good

Posted by zying > 2024-08-27 09:26 | Report Abuse

Congratulations guys~

Posted by wongcheehui83 > 2024-08-27 14:40 | Report Abuse

sell now? dont regret.......................

Posted by zying > 2024-08-27 16:00 | Report Abuse

thinking of add on...

Posted by Cakes Moon > 2024-09-03 09:55 | Report Abuse

All in SCGBHD, now is just the beginning of a new uptrend!!!

Posted by Cakes Moon > 2024-09-19 12:55 | Report Abuse

Scgbhd going to break RM1 soon!!!

Posted by zying > 2024-09-19 16:09 | Report Abuse

Bombibi lo~

Posted by Hair123 > 2024-09-20 20:41 | Report Abuse

Ample growth in the pipeline. Definitely worth more than RM1b.
https://www.nst.com.my/business/corporate/2024/09/1108262/tnb-signs-deal-supply-100-mw-electricity-singapores-keppel

Posted by faridfet > 2024-10-12 00:30 | Report Abuse

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.

Posted by thebob09 > 2024-10-15 16:33 | Report Abuse

if your having problem in snapchat and wanted to report black mail well here you can do this with simple method
https://techbigo.com/report-blackmail-on-snapchat/

Posted by LuckyWinForever > 2 months ago | Report Abuse

Ho Ho Ho, Buy when other people panic, hahaha

Posted by sriweld > 2 months ago | Report Abuse

Old man stock. Cannot move. Mtec more vigorous.

Posted by miji > 2 months ago | Report Abuse

to the moon

Posted by faridfet > 2 months ago | Report Abuse

@sriweld simple valuation can be look by PE ratio

SCGBHD - 17x
MTEC - 49x

let these valuation speak itself which one has more upside potential

Posted by troy88 > 2 months ago | Report Abuse

Picking up momentum. This stock still has strong fundamentals

Posted by Jack888 > 2 months ago | Report Abuse

Strong resistance 97 - 98 cts, if break 1.00 I think is a chance to buy in.

Posted by Jack888 > 2 months ago | Report Abuse

Profit taking soon ??

Posted by wolfofWS > 2 months ago | Report Abuse

assume eps 1.8sen coming QR, and take PE of 20x then TP is RM1.44, thats is the reason no profit taking activities even share price moving up

Posted by faridfet > 2 months ago | Report Abuse

Look at this SCGBHD's video https://www.youtube.com/watch?v=6vBicUekstk

It was a video of Southern Cable Group last 4 years before they raised RM71 million for IPO

Even before IPO scgbhd already taiko.

Imagine with current orderbook & growing revenue and their profit, what will be the future?

You can check their past revenue&profit when they start IPO and compare each year ya.

Light up your cigar and enjoy the journey

Posted by multi-bagger > 1 month ago | Report Abuse

awesome QR!

Posted by ov123 > 1 month ago | Report Abuse

Billion RM market cap.

Posted by troy88 > 1 month ago | Report Abuse

Damn good QR for this solid fundamental gem. Still underrated with much upside potential..

Posted by faridfet > 1 month ago | Report Abuse

scgbhd valuation now 14x PE

peers:
mtec - 50x PE
scomnet - 35x PE
scable - loss making

Posted by paperplane > 1 month ago | Report Abuse

wow, very good woh

Posted by troy88 > 1 month ago | Report Abuse

Resilient despite KLCI weakness. One of the few gems in bursa

Posted by samzaham > 1 month ago | Report Abuse

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!

Posted by faridfet > 1 month ago | Report Abuse

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.

Posted by multi-bagger > 1 month ago | Report Abuse

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!

Posted by faridfet > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/736499 - RHB target price for SGCBHD - RM5.50

Posted by multi-bagger > 1 month ago | Report Abuse

looks like a typo, don't think IB will give target price more than 5x of current share price

Posted by troy88 > 1 month ago | Report Abuse

Break out. Looking good..

Posted by ov123 > 1 month ago | Report Abuse

The long awaited RM billion market cap has finally arrived. Congratulations to the management of SCGB. Bravo. 👏👏👏👏👏👍👍👍

Posted by SmallSexyPig > 1 month ago | Report Abuse

this might become a 10x investment for me.

Posted by edwiniw > 1 month ago | Report Abuse

It was a typo, RHB target price RM5.50 is for SCGB (SUNCON), not SCGBHD.

Posted by troy88 > 1 month ago | Report Abuse

Strong ATH closing for this fundamental gem. Congrats to holders!

Posted by multi-bagger > 1 month ago | Report Abuse

yeah expected as the article mentioned about construction stocks and scgb is not in construction sector

Posted by wine1234 > 1 month ago | Report Abuse

Buy the warrants. Steep discount.

Posted by Jack888 > 1 month ago | Report Abuse

Buy more..uptrend ....1.30 ..coming.

Posted by papakuching > 1 month ago | Report Abuse

Price too high for comfort. Cable demand expected next couple of years but return not fantastic. Beware. maybe burnt

Posted by Hair123 > 1 month ago | Report Abuse

The US market will take the price to rm2.00.
Just a matter of time. Expansion coming onstream in 2025.

Posted by Shambo > 3 weeks ago | Report Abuse

SOUTHERN CABLE GROUP BERHAD (“SOUTHERN CABLE” OR THE “COMPANY”)
ACCEPTANCE OF NOTIFICATION OF AWARD FOR THE SUPPLY AND DELIVERY OF
CABLES AND CONDUCTORS IN EAST MALAYSIA
1.
INTRODUCTION
The Board of Directors of Southern Cable is pleased to announce that Southern Cable
Sdn. Bhd. (“Southern”), a wholly-owned subsidiary of Southern Cable, has accepted a
notification of award with the consent received for announcement on 24 December
2024 for the supply and delivery of cables and conductors in East Malaysia
(“Contract”).
2.
DETAILS OF THE CONTRACT
(a)
The total estimated Contract price shall be RM172,568,429.96 (Ringgit
Malaysia: One Hundred Seventy-Two Million Five Hundred Sixty-Eight
Thousand Four Hundred Twenty-Nine and sen Ninety-Six) only.
(b)
The duration of the Contract shall be for a period of twenty-four (24) months
commencing from 20 December 2024 until 19 December 2026

Posted by troy88 > 2 weeks ago | Report Abuse

Still low PE for such a strong growth company with much potential..

Posted by multi-bagger > 2 weeks ago | Report Abuse

fuiyoh broke thru strong 1.20 resistance🚀

Posted by troy88 > 2 weeks ago | Report Abuse

Strong. Similar performance as another gem, Mnhldg

Posted by uranewbie > 2 weeks ago | Report Abuse

Bursa Hot Stocks: Southern Cable’s Earnings Forecast Raised Up to 20% by HLIB Amid Capacity Expansion and Surging Demand
M+ Global Updates 03/01/2025 14:02
SCGBHD
0225.MY
1.27
+2.42%


Source: The Edge Malaysia

Hong Leong Investment Bank (HLIB) raised Southern Cable Group Bhd's $SCGBHD 0225.MY$ earnings forecast after the group's third quarterly results came within expectations, alongside growing demand and capacity expansion.

In a note on Friday, HLIB raised Southern Cable's FY2024/2025/2026 earnings forecasts by 13%/20%/19%, respectively.

The research house revised its estimates after Southern Cable’s nine month earnings of RM47 million, which grew 176% year-on-year (y-o-y), exceeded expectations.

HLIB also highlighted a surge in the manufacturer’s utility sales, with a 70% increase quarter-on-quarter (q-o-q) and 82.8% y-o-y, driven by strong demand in the power infrastructure sector.

This growth was mainly supported by the commissioning of Lot 38 and robust sales growth in both domestic and US markets.

“With Lot 38 running at full capacity since 3Q24, the group is now expanding its annual production capacity by an additional 5,000km at its existing plant,” the house noted.

HLIB noted that monthly cable shipments to a key customer in the US rose from 40 to 45-50 containers.

With that, the company is expanding its capacity by 20-30% over the next two years to meet growing demand, supported by a RM22 million investment in new facilities.

Additionally, a major long-term contract with Tenaga Nasional Bhd $TENAGA 5347.MY$ is expected to be secured soon, further strengthening its market position.

“... alongside SCGBHD’s expanded capacity and the exit of a major cable supplier in Malaysia, we believe the group is well-positioned to secure a larger contract win under the LT-contract,” said HLIB.

Southern Cable’s profit margins are also expected to improve with the launch of a plastic compound plant, ensuring better cost control and supply consistency.

Therefore, HLIB increased its target price to RM1.45 from RM1.15.

Despite its strong prospects, Southern Cable remains a non-rated stock by HLIB.

Posted by troy88 > 2 weeks ago | Report Abuse

https://theedgemalaysia.com/node/739765

More good news for Southern Cable..

Posted by khatulistiwa8 > 2 weeks ago | Report Abuse

such an amazing run for southern cable......

Posted by KingKKK > 2 weeks ago | Report Abuse

Top AI/Data Center News Highlights for the 1st Week of January - #GAMUDA, #YTL, #YTLPOWER, #EG, #MNHLDG, #SCGBHD

https://klse.i3investor.com/web/blog/detail/bestStocks/2025-01-04-story-h497668575-Top_AI_Data_Center_News_Highlights_for_the_1st_Week_of_January_GAMUDA_YT