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

0.56

Today's Change

+0.005 (0.90%)

Day's Change

0.55 - 0.565

Trading Volume

3,988,800


3 people like this.

1,127 comment(s). Last comment by Kaizenzon 6 days ago

Posted by wine1234 > 1 month ago | Report Abuse

The company should get rid of their entire IR people. Obviously no engagement with fund managers and analysts. Buta gaji.

Posted by TiffanixLVxHermes > 3 weeks ago | Report Abuse

be patience
😎
obviously fun managers are busy with other counters such as MTEC
good fundamental companies
wait for it TURN 😁

sriweld

1 posts

Posted by sriweld > 3 weeks ago | Report Abuse

Wire maker Mtec smaller sales, smaller profits already 2.5x market value of this heavy voltage old man.
Stop sleeping. Start performing. Have some pride.

Posted by multi-bagger > 3 weeks ago | Report Abuse

ya'll should go read some warren buffett, especially his quote about share market being a voting machine in the short term and weighing machine in the long term

investor13

106 posts

Posted by investor13 > 3 weeks ago | Report Abuse

new project datacenter and new solar project should need to using lot of cable for infrastructure, why no boss goreng.

xiaoeh

2,058 posts

Posted by xiaoeh > 3 weeks ago | Report Abuse

cup and handle in the making...

Posted by investor2021trading > 3 weeks ago | Report Abuse

bullish next week!

Posted by SmallSexyPig > 1 week ago | Report Abuse

news coming?

Posted by investor2021trading > 1 week ago | Report Abuse

Making further inroad into overseas market. SCGBHD will focus on growing its export sales by tapping into oversea markets such as Myanmar, Cambodia, Vietnam and US. In particular, the Myanmar market is set to grow over the next 10 years, supported by the Myanmar National Electrification Project. Separately, SCGBHD is in the midst of penetrating US market via its in-house developed XHHW-2 industrial cables, which command a better margin. We gather that SCGBHD will deliver the trial orders to US-based customer in the coming months and is optimistic to secure the distributorship agreement afterward.

Posted by TiffanixLVxHermes > 1 week ago | Report Abuse

top up a few
no news mean good news
continue uptrend
slow and steady

xiaoeh

2,058 posts

Posted by xiaoeh > 1 week ago | Report Abuse

sold mine
will definitely buy back later

Posted by TiffanixLVxHermes > 1 week ago | Report Abuse

the coming challenges will be how the management to control the increasing of cable cost
experts have forecasted that material cost will be rising throughout 2024

i have no doubt with the revenue as the demand is rigid
can the profit sustainable?

yet set TP for this counter
😅

ov123

3 posts

Posted by ov123 > 1 week ago | Report Abuse

No research report. We are in the blind. Dependent on Mtec reports for industry updates.

Posted by TiffanixLVxHermes > 1 week ago | Report Abuse

0.585 profit taking TP😎

xiaoeh

2,058 posts

Posted by xiaoeh > 1 week ago | Report Abuse

wah...
sell too early
congrats to all still holding it!!

john2633

19 posts

Posted by john2633 > 1 week ago | Report Abuse

Aminvest research give target RM0.60 to RM0.65 refer to stock on radar above on 2 April

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

fundamentally this counter is a gem, should hold on tight

Posted by wine1234 > 1 week ago | Report Abuse

Sell high, buy back higher. Better just sit tight and use Mtec valuation as a guide.

Posted by TiffanixLVxHermes > 6 days ago | Report Abuse

my own valuation is 0.585 max before next QTR
due to its low dividend yield
i do not keen to hold long

Posted by multi-bagger > 6 days ago | Report Abuse

I think more important is that the earnings growth is still strong, which also translates into increasing dividends. This year's dividend more than doubled last years, so you can do your own calculation as to how much the dividend will be in a few years time

Posted by investor2021trading > 6 days ago | Report Abuse

RHB Investment Bank Research said with an unyielding need for power and cables, SCGBHD has emerged as a thriving player in this evergreen market, poised for continuous expansion. It said Malaysia's ambitious goal of achieving net zero emissions by 2050 — including higher uptake of renewable energy (RE) sources and the enhancing of the country’s grid — is expected to be a catalyst for the group’s earnings growth. SCG’s orderbook from TNB alone worth more than RM1 billion, provides earnings visibility for the next three years.

Kaizenzon

356 posts

Posted by Kaizenzon > 6 days ago | Report Abuse

engine baru panas

ktrader

1,836 posts

Posted by ktrader > 6 days ago | Report Abuse

Anak nampak cergas...raring to fly bila2 masa shaja

omega008

39 posts

Posted by omega008 > 6 days ago | Report Abuse

Curious to know which is the better play : southern cable or MTEC if anyone has inputs

xiejh2

3 posts

Posted by xiejh2 > 6 days ago | Report Abuse

registered supplier to SESB

Kaizenzon

356 posts

Posted by Kaizenzon > 6 days ago | Report Abuse

MTEC flew already, give chance to SCGbhd

Post a Comment
Market Buzz