SOUTHERN CABLE GROUP BERHAD

KLSE (MYR): SCGBHD (0225)

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Last Price

0.455

Today's Change

-0.02 (4.21%)

Day's Change

0.455 - 0.475

Trading Volume

4,664,500

Financial

Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.

Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

Discussions
3 people like this. Showing 50 of 1,096 comments

SmallSexyPig

I saw SCG hit 0.4 for the first time in so long today

2023-10-27 16:45

pancamatari62

very hard to breakout

2023-10-31 16:57

xiaoeh

How trader808, sell or hold?

2023-10-31 18:27

damansaraeagle

it will breakout

2023-11-01 08:55

pancamatari62

haihhh tireddddd

2023-11-02 12:18

niktraderinvestor

When qr expected to out?

2023-11-03 18:45

pancamatari62

engine is starting

2023-11-06 16:03

ov123

file:///C:/Users/USER/Downloads/my_southern_cable_group_trading_idea_20231025_rhb.pdf

2023-11-07 16:39

Simple Man

why so huge no. of dispose? something wrong?

2023-11-23 16:00

tomwah

yeah ,im in

2023-11-28 16:14

pzam83

Niceeeeee....

2023-11-28 16:52

SmallSexyPig

Best Ever QR. Fantastic!

2023-11-29 18:15

cedcan

Go go go

2023-11-30 08:50

SmallSexyPig

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

2023-11-30 11:17

xiaoeh

broke recently 0.395 resistant

2 months ago

wakarimas

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

2 months ago

faruqie

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.

2 months ago

faruqie

from chatgpt

2 months ago

BursaKakis

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.

2 months ago

SmallSexyPig

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.

2 months ago

xiaoeh

Nice closing!!!

2 months ago

SmallSexyPig

market finally woken up to SCGBHD

2 months ago

BursaKakis

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

2 months ago

trader808

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

2 months ago

sriweld

Sarawak Cable - PN17 - with net debts of RM366m has a market cap of RM135m.
SCGB - high growth, profitable with net assets above RM300m has a market cap of RM 344m.
Just a matter of time before the market re-rates SCGB.

2 months ago

trader808

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

2 months ago

Guba2113

calm and steady

1 month ago

xiaoeh

good job

1 month ago

Alphabull

wow new high, data centre theme for 2024?

1 month ago

Peace99

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!!

1 month ago

ov123

Master Tech, Low Voltage manufacturer, sales (annualized) RM273m, market value RM357m
SCGB, High Voltage manufacturer, sales (annualized) RM1b, market value RM332m

Master Tech IR department knows how to promote their company.

1 month ago

Hair123

IR people here still sleeping. Time to wake up. CNY coming soon.

4 weeks ago

Iwillbeback

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

4 weeks ago

ov123

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.

2 weeks ago

rob8ry24

mtec fly, scg when?

1 week ago

SmallSexyPig

trader808, any thoughts? Like to hear your updated opinion

1 week ago

Peace99

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

1 week ago

Peace99

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

1 week ago

Peace99

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!

1 week ago

SmallSexyPig

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

1 week ago

sriweld

At Mtec market value of RM546m, SC should be > 0.68.
SC Q3 sales already more than Mtec sales for the whole year.
SC produces high end cables. Mtec is a wire producer.

6 days 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.

5 days 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

4 days ago

ov123

RM730m Master is a young man. Full of energy. 😍😍😍
RM380m SC is an old man. Cannot function anymore. 😩😩😩

4 days ago

SmallSexyPig

Wow. Exceeded my wildest predictions and expectations.

4 days ago

xiaoeh

Qrt result out
good result
good move

4 days ago

sriweld

Annualizing Q4 results indicates that the FY2024 PAT will be at least RM49m.
If margins improve and sales rise, PAT will go above RM60m.
The market cap should go above RM1b within the next 2 years.

4 days ago

TiffanixLVxHermes

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

3 days ago

xiaoeh

buy on news
sell on facts

3 days ago

SmallSexyPig

always amen

3 days ago

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