SOUTHERN CABLE GROUP BERHAD

KLSE (MYR): SCGBHD (0225)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.545

Today's Change

-0.03 (5.22%)

Day's Change

0.53 - 0.585

Trading Volume

6,223,900


3 people like this.

1,129 comment(s). Last comment by investor2021trading 1 day ago

Posted by pancamatari62 > 2023-11-06 16:03 | Report Abuse

engine is starting

Simple Man

898 posts

Posted by Simple Man > 2023-11-23 16:00 | Report Abuse

why so huge no. of dispose? something wrong?

tomwah

1,594 posts

Posted by tomwah > 2023-11-28 16:14 | Report Abuse

yeah ,im in

pzam83

22 posts

Posted by pzam83 > 2023-11-28 16:52 | Report Abuse

Niceeeeee....

Posted by SmallSexyPig > 2023-11-29 18:15 | Report Abuse

Best Ever QR. Fantastic!

cedcan

399 posts

Posted by cedcan > 2023-11-30 08:50 | Report Abuse

Go go go

Posted by SmallSexyPig > 2023-11-30 11:17 | Report Abuse

here always sell on good news hahaha. maybe next EoY break 40c

xiaoeh

2,074 posts

Posted by xiaoeh > 2023-12-18 11:46 | Report Abuse

broke recently 0.395 resistant

wakarimas

1,043 posts

Posted by wakarimas > 2023-12-18 23:23 | Report Abuse

ini scgbhd got benefited from Nvidia punya Data center project??

faruqie

32 posts

Posted by faruqie > 2023-12-19 19:40 | Report Abuse

The potential benefit of a cable manufacturing company from a data center project depends on various factors, and it’s important to consider the specific context and details of the project. Here are some points to consider:

1. Cabling Infrastructure Demand:
• Data centers typically require extensive cabling infrastructure for networking, power distribution, and communication. A cable manufacturing company that produces high-quality and specialized cables may see increased demand for its products.
2. Project Size and Scope:
• The size and scope of the data center project matter. Larger data centers with more complex requirements may present more opportunities for cable manufacturers.
3. Technological Advancements:
• As data centers evolve and incorporate new technologies, the demand for advanced and specialized cables may increase. For example, fiber optic cables might be in demand for high-speed data transmission.
4. Quality and Standards:
• Data centers often have strict quality and performance standards for their cabling infrastructure. A cable manufacturing company that meets or exceeds these standards may be more likely to benefit from such projects.
5. Competitive Landscape:
• The competitiveness of the cable manufacturing industry plays a role. Companies that can provide cost-effective and reliable solutions may have a competitive advantage.

faruqie

32 posts

Posted by faruqie > 2023-12-19 19:41 | Report Abuse

from chatgpt

BursaKakis

400 posts

Posted by BursaKakis > 2023-12-20 11:59 | Report Abuse

Commentary of Prospects - Q3 Sep 2023

Southern Cable's prospects are supported by the growing demand for cables and wires in
Malaysia, in line with ongoing development and infrastructure projects.

As at 30 September 2023, the Group’s orders in hand amounted to RM893.2 million, and are
expected to be fulfilled by 2026. These orders include the supply of underground cables and
conductors to Tenaga Nasional Berhad and Sarawak Energy Berhad, the supply of rectifier and
battery systems to Telekom Malaysia Berhad, as well as purchase orders from EPCC
(Engineering Procurement Construction Commissioning) contractors, resellers, and others.

Notably, the Group’s annual cable and wire production capacity has increased by 21% to
40,780 km from 33,780 km in the previous financial year ended 31 December 2022 due to
installation of new machinery, enabling the Group to deliver more orders and enhance its
revenue.

Meanwhile, Southern Cable is aiming to capitalise on the growing demand for power cables
and wires from Malaysia’s National Energy Transition Roadmap (NETR) objectives.

On 27 July 2023, the Ministry of Economy of Malaysia unveiled 10 flagship projects under
Phase 1 of the NETR, encompassing solar farms, hydrogen energy, and others, with anticipated
investments of RM25 billion. A projected total investment of between RM435 billion to RM1.85
trillion until 2050 will be required to enable Malaysia to achieve its target of 70% Renewal
Energy (RE) capacity mix, which involves investment in RE generation sources, strengthening
of grid infrastructure including transmission lines enhancement, and energy storage systems,
among others.

To this end, Southern Cable has supplied a wide range of power cables and wires used in
power transmission and distribution networks, including TÜV SÜD certified solar photovoltaic
cables. These products have been used by EPCC solar players in projects such as Large Scale
Solar, positioning the Group favourably to tap into the renewable energy market.

Barring unforeseen circumstances, Southern Cable’s outlook remains positive for the financial
year ending 31 December 2023.

Posted by SmallSexyPig > 2023-12-20 14:23 | Report Abuse

In addition to the above, they're re-investing locally made profits into kick starting their business in the USA. A highly cash rich country, if they can make inroads there then the profits will come. SCG are going places.

xiaoeh

2,074 posts

Posted by xiaoeh > 2023-12-20 17:12 | Report Abuse

Nice closing!!!

Posted by SmallSexyPig > 2023-12-20 17:28 | Report Abuse

market finally woken up to SCGBHD

BursaKakis

400 posts

Posted by BursaKakis > 2023-12-21 08:50 | Report Abuse

Southern Cable set to resume uptrend, says Rakuten Trade
https://theedgemalaysia.com/node/694762

trader808

286 posts

Posted by trader808 > 2023-12-21 21:08 | Report Abuse

1. In the past, the shareholders of SCG were mainly unknown consisting of Ah kow, Ahmad and Samy without any hedge funds, financial institutions or high net worth individuals.
2.Dato has finally come to his sense and realize that he alone cannot do much and for the share price to move he needs the help of someone with deep pockets. The company must improve the quality of its shareholders with high profile anchor investor/s and much better from the institutions.

2. The most significant corporate development in SGC over the past weeks had been the disposal of 38m shares on 17/11/23 and 25m shares on 24/11/23 by Segamat Handal Sdn Bhd in the off-market transactions.

3. While we do not know the name of the new investors , they certainly created great confidence and generated enormous interest in the counter. SCG is heated up with volume and persistent rise in share price. This time it is real.

4. SCG is a key player and leader in the cable manufacturing business. A lot has been said and discussed in my previous posting and i shall not repeat it again here.

5 SCG is a long term fundamental value investing stock. Allow it some time to realize and maximize its full potential. We intend to stay invested

6. Someday your endurance and perseverance will be handsomely rewarded.
Happy trading
21/12/23

trader808

286 posts

Posted by trader808 > 2023-12-28 20:31 | Report Abuse

1.SCG has a spectacular rise from 28.5sen in June 2023 to hit an intra day high of 43.5sen in the end of December. In the 6 months period, the counter has soared remarkably more than fifty two percent. (43.5 - 28.5)/28.5 = 52.6%

2 , The company has 800m issued capital.For the 9M ending Sept it has generated 746m in revenue and 17.01m in profit. The accumulated earning per share EPS for the 9M is 2.13sen.

3.For the sake of analysis, let us simply annualized the EPS with this formula. Hence, the year end EPS is (2.13/3) x 4 is 2.87sen

4. The current bursa market PE consisting of the 30 largest companies by market cap is 13.5x. Therefore, if we assign the bursa PE multiple for SCG, than the year end share price of SCG should be 13.5x2.87 is 39sen.

5. SCG closed at 41.5sen today. At this price it is deem fully valued.

6 This is my short term and personal perception of the counter. It is not a recommendation to buy or sell but is intended as a sharing by providing an alternate view. It may or may not reflect the actual situation of the company.

Happy trading
28/12/23

Posted by Guba2113 > 2024-01-03 09:47 | Report Abuse

calm and steady

xiaoeh

2,074 posts

Posted by xiaoeh > 2024-01-03 09:51 | Report Abuse

good job

Alphabull

36 posts

Posted by Alphabull > 2024-01-03 12:04 | Report Abuse

wow new high, data centre theme for 2024?

Peace99

2,231 posts

Posted by Peace99 > 2024-01-05 15:54 | Report Abuse

With all the constructions, solar power, EVs and communication needs, just feel that Southern just have to keep going north! I'm just holding tight to my southern almost since beginning!!

Posted by Iwillbeback > 2 months ago | Report Abuse

[SC latest Qtr - 273M, NP -6.5M] [Master latest Qtr -65m, NP 5.7M] which stcok do you to buy?

ov123

2 posts

Posted by ov123 > 2 months ago | Report Abuse

Mtec IR people are in a different league. They held analysts briefing. Their CEO did a podcast with BFM radio. They even got RHB to do a webinar for the public.

rob8ry24

100 posts

Posted by rob8ry24 > 1 month ago | Report Abuse

mtec fly, scg when?

Posted by SmallSexyPig > 1 month ago | Report Abuse

trader808, any thoughts? Like to hear your updated opinion

Peace99

2,231 posts

Posted by Peace99 > 1 month ago | Report Abuse

Hi, just managed to take a very quick look at a youtube comment on Master Tec. I heard it says it uses more aluminum, while Southern uses more copper...Is this right?
Did a quick check on aluminium vs copper: From Bing.com: "..... Aluminum conductor wire is one common type of wiring. Let’s explore some of the disadvantages of using aluminum cables:

Larger Size: Aluminum conductors are generally larger than comparable copper conductors. This means that larger raceways are required, which can add to installation costs.
Risk of Corrosion: While aluminum is resistant to corrosion, it is not completely immune. Over time, aluminum cables can still corrode, especially if not installed with care and diligence.
Expansion and Contraction: Aluminum experiences greater expansion and contraction cycles compared to copper. These cycles can loosen connections over time, potentially leading to electrical issues.
Lower Strength: Aluminum cables have lower tensile strength compared to copper cables. This can impact their durability and longevity.
Potential Fire Risk: If not properly installed, aluminum wiring can pose a fire risk. Connections must be made carefully to prevent overheating and potential hazards.
Despite these disadvantages, aluminum cables do have their advantages, such as being lightweight, easy to install, and efficient for power transmission. They can also withstand high temperatures without melting or burning. However, proper installation and maintenance are crucial to mitigate the risks associated with aluminum conductors

Peace99

2,231 posts

Posted by Peace99 > 1 month ago | Report Abuse

I worry about the FIRE risk of aluminium wires, so Southern has my vote if the above are correct.

Peace99

2,231 posts

Posted by Peace99 > 1 month ago | Report Abuse

Hope Trade808 can revisit his posting of 28/12/2023. Since then it has gone from 41.5 to 47.5 or 6/41.5=14.5%. Looks like crossing 50 is not so far ahead..... Have been holding for few years!

Posted by SmallSexyPig > 1 month ago | Report Abuse

I think 2024 EoY SCGBHD will be around 0.53 to 0.57 depending on how the market wakes up to it

Posted by Lai Peng Chin > 1 month ago | Report Abuse

Wonder why so many sellers at 0.485 and 0.49. Do they think that the company is not as profitable as Mtec or they just want to suppress the price and quietly collecting themselves.

Posted by SmallSexyPig > 1 month ago | Report Abuse

think a lot of people have held this stock since it was 0.5+ and probably just cutting loss at a reasonable level

Posted by SmallSexyPig > 1 month ago | Report Abuse

Wow. Exceeded my wildest predictions and expectations.

xiaoeh

2,074 posts

Posted by xiaoeh > 1 month ago | Report Abuse

Qrt result out
good result
good move

Posted by TiffanixLVxHermes > 1 month ago | Report Abuse

highest QR since IPO
expect higher revenue from high capex in utilities sector
enter @ 0.49
TP: 0.55
😎

xiaoeh

2,074 posts

Posted by xiaoeh > 1 month ago | Report Abuse

buy on news
sell on facts

Posted by SmallSexyPig > 1 month ago | Report Abuse

always amen

Posted by TiffanixLVxHermes > 1 month ago | Report Abuse

go go go!

Posted by TiffanixLVxHermes > 1 month ago | Report Abuse

be patience
oldman stock need more times to warm up the engine before it goes further 😎

Kaizenzon

357 posts

Posted by Kaizenzon > 1 month ago | Report Abuse

Let's see today...

Posted by TiffanixLVxHermes > 1 month ago | Report Abuse

promising movement today
top up some today
TP:0.55

Hair123

6 posts

Posted by Hair123 > 1 month ago | Report Abuse

The management should set up their own IR department to promote the company with fund managers. The current practice of outsourcing to a third party to handle their IR leads to an undervaluation of the company.

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

I think its good that the management focus on the business aspects of the co, instead of focusing too much on the share price

xiaoeh

2,074 posts

Posted by xiaoeh > 1 month ago | Report Abuse

just notice the chart is forming a big U
now waiting for the handle

just guessing
maybe wrong instead...

Hair123

6 posts

Posted by Hair123 > 1 month ago | Report Abuse

Share price shows what the market thinks about the management.

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

then by the looks of it, the market thinks quite highly of the management!

Hair123

6 posts

Posted by Hair123 > 1 month ago | Report Abuse

Operationally, the management has been absolutely brilliant. Their track record is second to none. On every valuation metrics, its market cap should have been way ahead of its peer, not behind it.

Kaizenzon

357 posts

Posted by Kaizenzon > 1 month ago | Report Abuse

The peer is falling like crazy because overbought recently. Slow and steady win the race

ov123

2 posts

Posted by ov123 > 1 month ago | Report Abuse

Q4 results were shockingly good. Even more shocking is that no research outfit covers this company post the results.

Kaizenzon

357 posts

Posted by Kaizenzon > 1 month ago | Report Abuse

I think they know, just want to suppress it for cheaper ticket

Post a Comment
Market Buzz