SOUTHERN CABLE GROUP BERHAD

KLSE (MYR): SCGBHD (0225)

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Last Price

0.545

Today's Change

-0.03 (5.22%)

Day's Change

0.53 - 0.585

Trading Volume

6,223,900

Company Announcement


Date Subject
Discussions
3 people like this. Showing 50 of 1,129 comments

SmallSexyPig

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

1 month ago

Lai Peng Chin

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.

1 month ago

SmallSexyPig

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

1 month ago

SmallSexyPig

Wow. Exceeded my wildest predictions and expectations.

1 month ago

xiaoeh

Qrt result out
good result
good move

1 month ago

TiffanixLVxHermes

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

1 month ago

xiaoeh

buy on news
sell on facts

1 month ago

SmallSexyPig

always amen

1 month ago

TiffanixLVxHermes

go go go!

1 month ago

TiffanixLVxHermes

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

1 month ago

Kaizenzon

Let's see today...

1 month ago

TiffanixLVxHermes

promising movement today
top up some today
TP:0.55

1 month ago

Hair123

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.

1 month ago

multi-bagger

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

1 month ago

xiaoeh

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

just guessing
maybe wrong instead...

1 month ago

Hair123

Share price shows what the market thinks about the management.

1 month ago

multi-bagger

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

1 month ago

Hair123

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.

1 month ago

Kaizenzon

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

1 month ago

ov123

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

1 month ago

Kaizenzon

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

1 month ago

wine1234

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

1 month ago

TiffanixLVxHermes

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

1 month ago

sriweld

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.

1 month ago

multi-bagger

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

1 month ago

investor13

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

3 weeks ago

xiaoeh

cup and handle in the making...

3 weeks ago

investor2021trading

bullish next week!

3 weeks ago

SmallSexyPig

news coming?

2 weeks ago

investor2021trading

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.

2 weeks ago

TiffanixLVxHermes

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

2 weeks ago

xiaoeh

sold mine
will definitely buy back later

2 weeks ago

TiffanixLVxHermes

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
😅

2 weeks ago

TiffanixLVxHermes

0.585 profit taking TP😎

2 weeks ago

xiaoeh

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

2 weeks ago

john2633

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

2 weeks ago

multi-bagger

fundamentally this counter is a gem, should hold on tight

2 weeks ago

wine1234

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

1 week ago

TiffanixLVxHermes

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

1 week ago

multi-bagger

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

1 week ago

investor2021trading

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.

1 week ago

Kaizenzon

engine baru panas

1 week ago

ktrader

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

1 week ago

omega008

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

1 week ago

xiejh2

registered supplier to SESB

1 week ago

Kaizenzon

MTEC flew already, give chance to SCGbhd

1 week ago

investor2021trading

buying opportunity!

3 days ago

TiffanixLVxHermes

cleared & took profit @ 0.56
conserve cash for the coming better bargains

2 days ago

investor2021trading

KOTA KINABALU, April 17 — Private businesses in Sabah’s industrial parks will be able to set up their own power generation facilities, said Sabah Chief Minister Datuk Seri Hajiji Noor. The Cabinet has agreed to give special permission to investors operating in industrial parks in the state to set up power generation facilities. The Cabinet has also decided to allow shophouses, buildings and residential premises to install solar power systems without seeking approval from Sabah Electricity Sdn Bhd (SESB).

1 day ago

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