SOUTHERN CABLE GROUP BERHAD

KLSE (MYR): SCGBHD (0225)

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Last Price

0.635

Today's Change

+0.005 (0.79%)

Day's Change

0.62 - 0.635

Trading Volume

2,934,900

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
4 people like this. Showing 50 of 1,139 comments

Kaizenzon

Let's see today...

2 months ago

TiffanixLVxHermes

promising movement today
top up some today
TP:0.55

2 months 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

2 months ago

xiaoeh

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

just guessing
maybe wrong instead...

2 months ago

Hair123

Share price shows what the market thinks about the management.

2 months ago

multi-bagger

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

2 months 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.

2 months ago

Kaizenzon

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

2 months ago

Kaizenzon

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

2 months ago

wine1234

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

2 months 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

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.

1 month ago

xiaoeh

cup and handle in the making...

1 month ago

investor2021trading

bullish next week!

1 month ago

SmallSexyPig

news coming?

1 month 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.

1 month ago

TiffanixLVxHermes

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

1 month ago

xiaoeh

sold mine
will definitely buy back later

1 month 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
😅

1 month ago

TiffanixLVxHermes

0.585 profit taking TP😎

1 month ago

xiaoeh

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

1 month ago

john2633

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

1 month ago

multi-bagger

fundamentally this counter is a gem, should hold on tight

1 month ago

wine1234

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

1 month 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 month 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 month 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 month ago

Kaizenzon

engine baru panas

1 month ago

ktrader

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

1 month ago

omega008

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

1 month ago

xiejh2

registered supplier to SESB

1 month ago

Kaizenzon

MTEC flew already, give chance to SCGbhd

1 month ago

investor2021trading

buying opportunity!

4 weeks ago

TiffanixLVxHermes

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

4 weeks 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).

3 weeks ago

T1T4N

Moving 1st leg for massive up

1 week ago

sriweld

Can anyone explain why the warrants are at a discount?

6 days ago

Peace99

Have been saying scgbhd's cables are in demand....am waiting for it to go higher

5 days ago

Nice149

1, revenue to US was 14 million in year 2023 and going to expand further this year
2. Obtained more than 100 million of cables orders. Demand will continue to grow with the setup of many data centre in Malaysia.
3. Registered vendor to TM, Tenaga, Sabah and Sarawak Electricity and Petronas
4. Achieved 1 billion revenue last year
5. Increase in production capacity by 21% from 33,'780km to 40,780km
6. Two new buildings under construction
7. Certified supplier of aluminium buildings cables and wire to the US.

3 days ago

investor2021trading

great business, strong fundamental💪 next week🚀

3 days ago

wine1234

Soon to be like MTec. A billion RM company.

3 days ago

Nice149

MTec is too small as compared to the revenue of SCGB

2 days ago

Hopeful


Followers of SCGB may be interested in this :

https://www.tnb.com.my/assets/newsclip/04052024e.pdf

2 days ago

multi-bagger

thanks for sharing this @hopeful

1 day ago

Nice149

Scgb-wa closed at discounted price to Mother share by 0.025

1 day ago

ov123

Mtec market value is RM1.2b. SCGB RM500m. Grossly undervalued.

1 day ago

Hair123

SCGB is one of 3 approved high voltage cable supplier to TNB. Mtec is not part of this oligopoly. SCGB quarterly sales already more than Mtec sales for the entire year.

1 day ago

investor13

SCGB will follow Mtec

15 hours ago

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