SOUTHERN CABLE GROUP BERHAD

KLSE (MYR): SCGBHD (0225)

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Last Price

1.12

Today's Change

+0.04 (3.70%)

Day's Change

1.04 - 1.12

Trading Volume

6,334,200


4 people like this.

1,370 comment(s). Last comment by Hair123 2 days ago

gerrarddy

267 posts

Posted by gerrarddy > 2020-10-19 09:59 | Report Abuse

not managed to get at 0.310.. sien

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-10-19 10:34 | Report Abuse

I bought at 0.37, still got chance?? hahaha

tnang

709 posts

Posted by tnang > 2020-10-19 10:55 | Report Abuse

i bought at 32, believe got change

Why_

794 posts

Posted by Why_ > 2020-10-19 12:11 | Report Abuse

if IPO very good why owner must sell own little?

Why_

794 posts

Posted by Why_ > 2020-10-19 12:15 | Report Abuse

64% own by public good? Why not owner own 64% if IPO good?

hoowk77

440 posts

Posted by hoowk77 > 2020-10-19 14:27 | Report Abuse

owner and associates selling

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-10-19 16:02 | Report Abuse

No worry, going up soon

Alfonso

3,116 posts

Posted by Alfonso > 2020-10-19 16:02 | Report Abuse

hopefully

shine7

214 posts

Posted by shine7 > 2020-10-20 00:12 | Report Abuse

@Why_ where to see 64%, share link leh, listen from pasar uncle auntie isit? ://

gerrarddy

267 posts

Posted by gerrarddy > 2020-10-20 11:36 | Report Abuse

Showtime

BlackWhite

1,053 posts

Posted by BlackWhite > 2020-10-20 13:09 | Report Abuse

May drop below 30

BlackWhite

1,053 posts

Posted by BlackWhite > 2020-10-20 13:11 | Report Abuse

Cable businesses good only if there is construction. Will only grow with construction sector. But infra road work use little cable

tnang

709 posts

Posted by tnang > 2020-10-20 14:56 | Report Abuse

dont worry, after clear day 1 volume, will up sooooooooooooon

gerrarddy

267 posts

Posted by gerrarddy > 2020-10-20 15:43 | Report Abuse

3 days since IPO and it still trades below IPO price, insiders' tickets still not finished selling? Or people are selling at loss?

tnang

709 posts

Posted by tnang > 2020-10-20 15:52 | Report Abuse

look at the volume, insider more likely.....

Trader1188

251 posts

Posted by Trader1188 > 2020-10-20 16:03 | Report Abuse

@gerrarddy To be honest, I also do not understand why the selling still continue up till now. Why apply IPO and sell it at loss

gerrarddy

267 posts

Posted by gerrarddy > 2020-10-20 16:24 | Report Abuse

The only good thing is downside is very limited, don't think it will break 0.30..

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-10-20 16:39 | Report Abuse

Be confident,I bought at 0.37, believe can fly high

lalazai9

1,000 posts

Posted by lalazai9 > 2020-10-20 16:42 | Report Abuse

Yes tp 4.30, just hold sure fly

lalazai9

1,000 posts

Posted by lalazai9 > 2020-10-20 16:46 | Report Abuse

Those sohai sold below ipo price really sohai, ppl apply it for earn money, but those sohai waste time apply it for loss money haha

Tigerchan

368 posts

Posted by Tigerchan > 2020-10-20 16:47 | Report Abuse

I am sure, itwill touch 28, sarawak cable(SC) now only 23. SC is more bigger than scbgrp.

Tigerchan

368 posts

Posted by Tigerchan > 2020-10-20 16:54 | Report Abuse

TP 4.3, u are dreaming. Even if bandar malaysia project starts, cable use only maximum 20% of 140 b. U think all will be taken by scgbhd. Be rational, check SC when ipo and now price. If u get some profit better run.

shine7

214 posts

Posted by shine7 > 2020-10-20 17:01 | Report Abuse

But there is difference between SC and SCG tho, SCG promised to give out 15% earning as dividend, SC do not. Its hard to say how low it will drop, but what winners usually do is die die hold. So juz average down if drop, not a big problem for me

gerrarddy

267 posts

Posted by gerrarddy > 2020-10-21 09:49 | Report Abuse

Samaiden dropped 2 days then turned green, this cable thing already dropped 4 consecutive days. wth

Posted by bunuhsateman > 2020-10-21 09:52 | Report Abuse

hello SCGBHD

Trader1188

251 posts

Posted by Trader1188 > 2020-10-21 10:06 | Report Abuse

What the hell wrong with SCG? Non stop selling! Who’s the idiot keep on selling below IPO? This is the 1st time encounter bad IPO.

lau319581

17 posts

Posted by lau319581 > 2020-10-21 10:38 | Report Abuse

I

lau319581

17 posts

Posted by lau319581 > 2020-10-21 10:38 | Report Abuse

I

lau319581

17 posts

Posted by lau319581 > 2020-10-21 10:39 | Report Abuse

I

lau319581

17 posts

Posted by lau319581 > 2020-10-21 10:40 | Report Abuse

D

lau319581

17 posts

Posted by lau319581 > 2020-10-21 10:40 | Report Abuse

Soory i wrongly keyin

lau319581

17 posts

Posted by lau319581 > 2020-10-21 10:45 | Report Abuse

SCGBhd is brother of Aneka

lau319581

17 posts

Posted by lau319581 > 2020-10-21 11:05 | Report Abuse

No one dare to buy these 2 counters again

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-10-21 11:13 | Report Abuse

Confident, guarantee revenue get from Tnb and tmnet in next 2 years

FELI1305

79 posts

Posted by FELI1305 > 2020-10-21 11:20 | Report Abuse

dropped too much since IPO till on today 0.29 ? rugi la ..buy in 0.34.

Posted by simoncyh90 > 2020-10-21 11:26 | Report Abuse

Droppingggggg everyday ....heart crying

gerrarddy

267 posts

Posted by gerrarddy > 2020-10-21 11:27 | Report Abuse

Insider manipulating the price to wash out weak holders maybe.. If normal IPO can hit 50-100% increase during first day, why would insiders sell so early and at such a low price.. Maybe they are preparing for something big in a few days time? PE ratio less than 7 only.. impossible fair value at such a low price

Posted by GemenchehLawyer > 2020-10-21 11:35 | Report Abuse

Covid19, only those related products counters small retailers interested.

Posted by uncertainty93 > 2020-10-21 11:38 | Report Abuse

hold, dun feel like sell at loss

Posted by 240sx1127 > 2020-10-21 12:02 | Report Abuse

I have buy in at 0.34, should i buy more or just hold that's enough?

Yinyin88

13 posts

Posted by Yinyin88 > 2020-10-21 12:08 | Report Abuse

Does anyone know why is this counter keep dropping even though it has such a good fundamental? Hold or cut loss?

Selina888

306 posts

Posted by Selina888 > 2020-10-21 12:11 | Report Abuse

Probably too many free floats and so hard to go up unless massive buying....or if can announce big contracts.

stevenc

1 posts

Posted by stevenc > 2020-10-21 12:20 | Report Abuse

Going to main board next year

lee1310

4 posts

Posted by lee1310 > 2020-10-21 12:28 | Report Abuse

yinyin as u know market mostly based on sentiment, if u dont mind wait, i think next quarter the share price will go up, cause this company is a company with real manufactured products

gerrarddy

267 posts

Posted by gerrarddy > 2020-10-21 12:29 | Report Abuse

@240sx1127 I bought at 0.34 too, then 0.315, then 0.29.. This counter wont drop forever.. so I guess if you have money you can average down.. uptrend might be coming soon after those stupid insider selling ends..

Posted by 240sx1127 > 2020-10-21 12:31 | Report Abuse

@gerrarddy thanks for your advice!

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-10-21 12:39 | Report Abuse

I bought at 0.37, wait for boost up

New2020

42 posts

Posted by New2020 > 2020-10-21 12:54 | Report Abuse

I bought at 0.37 too.. need wait...

Yinyin88

13 posts

Posted by Yinyin88 > 2020-10-21 13:50 | Report Abuse

Thank you for the advice, will hold and hoping for a boost soon!

Tigerchan

368 posts

Posted by Tigerchan > 2020-10-21 15:51 | Report Abuse

2day it will touch 0.28, that is the price i already key in. Someone said, company promise to give 15% earning ss dividend, better ask the company to guarantte it. If the share fall below 0.28. This confirm insider selling to hold cash, push it down further then catch back at the lowest. So my advice is, got profit better let go.

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