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

shine7

214 posts

Posted by shine7 > 2020-10-21 16:13 | Report Abuse

https://research.rhbtradesmart.com/view-file/hash/33160339540433805f7a3aa34d29d?NO_CACHE=b3def34eac770138f7dfafc55d0f0bfe
Use ctrl+f to find, "SCG intends to set a dividend policy of at least 15% of group PAT going forward."
No comment on ur style of playin shares, but 15% is written on report, i dun simply blow water. Winners come with facts, not luck. current TA is too short for me to analyse, but soon, will find a support to rebound.

Posted by FrankOpinion > 2020-10-21 19:02 | Report Abuse

Anybody has the financial of this company? With projections

gerrarddy

267 posts

Posted by gerrarddy > 2020-10-22 09:20 | Report Abuse

Historic moment today for SCGBHD! First time shows green colour lol

tnang

709 posts

Posted by tnang > 2020-10-22 11:32 | Report Abuse

will continue...

Erickson

94 posts

Posted by Erickson > 2020-10-22 21:36 | Report Abuse

Shared holder keep buying cheap stock.... Investor keep selling

gerrarddy

267 posts

Posted by gerrarddy > 2020-10-23 09:48 | Report Abuse

Start to goreng

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-10-23 16:44 | Report Abuse

When can close green?? Haha

Posted by simoncyh90 > 2020-10-25 10:21 | Report Abuse

Hope tmr will be better !

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-10-25 21:44 | Report Abuse

Agong announced no state of emergency, tomorrow sure rebound, gogogo

Posted by simoncyh90 > 2020-10-26 15:42 | Report Abuse

Same...

gerrarddy

267 posts

Posted by gerrarddy > 2020-10-26 15:58 | Report Abuse

34 sen to 26 sen and never close green. Wtf is this company

Posted by ngothyeaun > 2020-10-26 16:01 | Report Abuse

hold or sell? bought at 0.35 damn.

gerrarddy

267 posts

Posted by gerrarddy > 2020-10-26 16:09 | Report Abuse

Bye. 3.1k gone. Expect it to drop until 20 sen.

Posted by simoncyh90 > 2020-10-26 16:34 | Report Abuse

No hope anymore?

Posted by ngothyeaun > 2020-10-26 16:42 | Report Abuse

any sifu here can enlighten ?

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-10-26 16:51 | Report Abuse

Haha, how now? i loss almost 30%, continue hold?

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-10-26 16:54 | Report Abuse

Low PE why still not up??

Keyman188

5,968 posts

Posted by Keyman188 > 2020-10-26 16:54 | Report Abuse

You are really warrior & hero...

Keyman188 need to salute you.......

Keyman188 always coward to touch new IPO listing....

No track record...to financial performance assessment for the past 3 years (min requirement)...


Salute....Saluet...Salute...

Ywlong

1 posts

Posted by Ywlong > 2020-10-26 17:19 | Report Abuse

What happen to this counter everyday oso drop 1-2bid always red

lalazai9

1,000 posts

Posted by lalazai9 > 2020-10-26 22:59 | Report Abuse

Be patient just hold, patient is key

Posted by simoncyh90 > 2020-10-27 07:28 | Report Abuse

How long can you hold? Dropping and dropping making frustrating lol

Posted by simoncyh90 > 2020-10-27 12:53 | Report Abuse

all new ipo this month can get green. Only this ....red all day from the beginning...until.......

Posted by i3invester219 > 2020-10-27 16:46 | Report Abuse

chill abit.. just keep average down and wait..

Posted by i3invester219 > 2020-10-27 16:48 | Report Abuse

my first buying price is 0.37 .. now average till 0.30
if keep dropping, i will still average down and wait..

Posted by i3invester219 > 2020-10-27 16:54 | Report Abuse

1-2 years doesnt matter, just need patient. dont keep look at it everyday for the price movement .. can you find a stock that nvr beyond its IPO price after few years run, i believe majority can beyond from its IPO at least 50% just the matter of time..

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-10-27 16:58 | Report Abuse

Finally closed green today since Ipo, good start ahead, gogogo

lalazai9

1,000 posts

Posted by lalazai9 > 2020-10-28 08:56 | Report Abuse

If drop sapu, keep sapu reduce average price, once rebound earn alot

TheThird

162 posts

Posted by TheThird > 2020-10-29 11:29 | Report Abuse

I think weak performance due to non shariah compliant... Institutional funds cant drive demand.. Is the company in process of getting shariah compliant?

You see econframe, shariah compliant and did very well on ipo.. They making door.. And only have 2pc of market share kakakaka.. Unless is very special door to heaven?

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-10-30 11:17 | Report Abuse

Anyone know when QR release?

Erickson

94 posts

Posted by Erickson > 2020-10-30 11:30 | Report Abuse

sleeping counter.................................

Erickson

94 posts

Posted by Erickson > 2020-11-02 09:54 | Report Abuse

mr tong still sleeping ....

Posted by ngothyeaun > 2020-11-02 11:12 | Report Abuse

dropping, tuaki

Posted by simoncyh90 > 2020-11-02 11:24 | Report Abuse

Speechless....laosai

FELI1305

79 posts

Posted by FELI1305 > 2020-11-02 11:41 | Report Abuse

dropped so much .. to bad .. buying price : 0.34 , but now ...

Posted by ngothyeaun > 2020-11-02 23:16 | Report Abuse

same price I buy 0.34, just keep

Posted by i3invester219 > 2020-11-04 16:05 | Report Abuse

it about to wake up.. i average down till below 0.30

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-11-05 12:15 | Report Abuse

Rebound, time to buy more

Posted by ngothyeaun > 2020-11-05 12:43 | Report Abuse

wake up liau...lai liau lai liau

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-11-05 15:30 | Report Abuse

Buy buy buy

blistering

148 posts

Posted by blistering > 2020-11-06 23:18 | Report Abuse

you guys -_-!!...iPO is when internal people dump shares to gain from you all...wait till a week later stabilize then enter lols...

Posted by i3invester219 > 2020-11-10 16:55 | Report Abuse

slowly can pom pipi already.. unpredictable potential.. no TA reference. just keep and wait

bulldog

12,157 posts

Posted by bulldog > 2020-11-12 11:08 | Report Abuse

Uptrend intact

Huat chaiii..

shine7

214 posts

Posted by shine7 > 2020-11-12 16:44 | Report Abuse

Im here agn~ Now lets patiently wait QR out, we juz wait for the true investors help us to push the price up to the fair value~

nomadmy

92 posts

Posted by nomadmy > 2020-11-13 13:16 | Report Abuse

Southern fair value is only 0.22 lah. Now its over price.

Skys79

1 posts

Posted by Skys79 > 2020-11-13 13:25 | Report Abuse

Fair value is RM0.45

Moving forward, SCGBHD will continue to strengthen its core competency in the manufacture of cables and wires, and plastic compounds by expanding both production facilities and product range for cable and wire production as well as plastic compounding operation. We derive a fair value of RM0.45 based on an 11x PE multiple to its FY2021F EPS of 4.1 sen. The IPO is expected to raise approximately RM71.2m from the issuance of 209.3m new shares. Besides utilising 42.2% of the proceeds for capital expenditure and expansion, 38.6% of the proceeds are allocated as working capital.

https://klse.i3investor.com/blogs/PublicInvest/2020-10-06-story-h1514477245-Southern_Cable_Group_Bhd_A_Cables_And_Wires_Manufacturer.jsp

Posted by shahriezman999 > 2020-11-13 14:40 | Report Abuse

Kutip at 26cts..fv 0.45-0.51

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-11-13 17:14 | Report Abuse

Buy more and keep, potential good business

FELI1305

79 posts

Posted by FELI1305 > 2020-11-14 22:49 | Report Abuse

Dear All , betul kah ? add more stock again ? this week only can see good price up up up :)

Taeyeon09

212 posts

Posted by Taeyeon09 > 2020-11-16 23:52 | Report Abuse

Back to IPO price, time to go further

Posted by i3invester219 > 2020-11-18 14:59 | Report Abuse

if the price can maintain at 0.33 for 1-2 weeks, i will consider to top up

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