Highlights
KLSE: SCGM (7247)       SCGM BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
2.40   +0.03 (1.27%)  2.35 - 2.40  311,700
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Overview

Market Cap: 465 Million
NOSH: 194 Million
Avg Volume (4 weeks):627,840
4 Weeks Range:2.33 - 2.61
4 Weeks Price Volatility (%):
25.00%
52 Weeks Range:1.69 - 3.95
52 Weeks Price Volatility (%):
31.42%
Average Price Target: 2.77
Price Target Upside/Downside: +0.37
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 30-Apr-2021 [#4]  |  28-Jun-2021
Next QR | Est. Ann. Date: 31-Jul-2021  |  28-Sep-2021
T4Q P/E | EY: 13.83  |  7.23%
T4Q DY | Payout %: 2.94%  |  40.69%
T4Q NAPS | P/NAPS: 0.9803  |  2.45
T4Q NP Margin | ROE: 13.63%  |  17.70%

Headlines

Date Subject
05-Jul-2021 Plastics & Packaging - Resilient Momentum
02-Jul-2021 Daily technical highlights – (TGUAN, SCGM)
30-Jun-2021 3Q21 Investment Strategy - Recovery at a Cost
29-Jun-2021 【行家论股/视频】SCGM 餐饮包装提振净利
29-Jun-2021 SCGM Bhd - Stronger-Than-Expected Sales
29-Jun-2021 SCGM Berhad - Starting FY22 With Strong Orders
02-Jun-2021 SCGM AGM 股东大会重点资讯 | (28-09-2020)
20-May-2021 Technical View - SCGM Bhd
20-May-2021 SCGM Berhad - Elevated ASPs and Falling Costs
31-Mar-2021 SCGM Bhd - Combating Resin Cost Pressure
31-Mar-2021 PublicInvest Research Headlines - 31 Mar 2021
30-Mar-2021 【行家论股/视频】SCGM 转嫁成本保住赚幅
30-Mar-2021 SCGM Bhd - On Track for Record Finish
30-Mar-2021 PublicInvest Research Headlines - 30 Mar 2021
30-Mar-2021 SCGM - 9MFY21 Within Expectations
24-Mar-2021 Daily technical highlights – (TGUAN, SCGM)
04-Mar-2021 SCGM挑战RM1.88/敏源
19-Jan-2021 【行家论股/视频】SCGM 做好防备业务不断层
19-Jan-2021 Mplus Market Pulse - 19 Jan 2021
19-Jan-2021 PublicInvest Research Daily - 19 Jan 2021

Business Background

SCGM Bhd is an investment holding company. The company along with its subsidiaries is a thermo-vacuum form plastic packaging manufacturer. Its business segments are Manufacturing and Investment holding. It derives most of its revenues from Manufacturing segment. The group is principally operating in Malaysia.
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  11 people like this.
 
Consultant Current share price already estimating next quarter would improve further.. if it didn't do better.. it will go down when next quarter out lol
13/04/2021 9:58 AM
Myeye ~.~ GO GO GO ~.~
14/04/2021 9:44 AM
gohuat888 gogogo 2.6 la packaging scgm hahaha
14/04/2021 10:43 AM
BALANCE_VIEW Consultant ...... I know mother is lady
16/04/2021 12:58 PM
Dontbullshit When the resin price goes up, ASP up, when the resin price start to drop, ASP remain...
16/04/2021 10:31 PM
Consultant Lol.. like I said let's see next quarter.. this quarter can reach 2 already can laugh... To reach back 3.5 next quarter earning need to double.. do u think they can? Haha
26/04/2021 3:27 PM
Papayashot consultant, Y u said in order to reach RM 3.5, earnings need to be doubled? Any justification?
26/04/2021 5:20 PM
Consultant Papayashot consultant, Y u said in order to reach RM 3.5, earnings need to be doubled? Any justification?
26/04/2021 5:20 PM



There was a link teaching you how to calculate target price.. Will share you once i found it.. It was calculating on topglove.. very interesting video
05/05/2021 10:48 AM
Dontbullshit Resin price has started to drop this month.
08/05/2021 3:19 PM
ming By Timothy Aeppel

(Reuters) - The small U.S. manufacturers that rushed to produce face masks over the past year are now stuck with hundreds of millions of unsold face coverings because China is flooding the market with below-cost masks, and most may not survive the end of the pandemic.

That's the thrust of a letter to President Joe Biden released Tuesday by a trade group representing 26 small manufacturers that set up production of the badly needed safety items as the health crisis took hold last year.

The manufacturers said over half their production would be forced offline in 60 days if they don't get immediate federal aid, costing thousands of jobs. They blame low-priced imports, especially from China.

"We write to you with a request for immediate help against unfair trade practices by foreign nations that threaten the viability of the U.S. domestic PPE mask manufacturing industry, as well as future U.S. pandemic preparedness efforts," the newly formed group, the American Mask Manufacturer's Association, said in the letter.

The group said they have capacity to produce 3.7 billion surgical masks and more than 1 billion of the higher-protection N95 masks a year - and are now sitting on stockpiles of 260 million surgical masks in their warehouses that they are struggling to sell. Another 20 million N95s are also on factory shelves.

When masks were in short supply last year, prices surged. But prices have now crashed, and hospital administrators and others are shopping for the best prices in a market crowded with new offerings.

A box of 50 surgical masks which sold for more than $50 a year ago can be found for $5 now.

The trade group said while there are 3 to 6 cents in raw material in every surgical mask, imported Chinese surgical masks now sell for an average of 1 cent each. "China ... is effectively dumping masks on the U.S. market at well below actual costs."

"If this remains unchanged, 54% of our production will go offline in 60 days and 84.6% in less than a year," the group said in the letter. The group said they'd created more than 7,800 U.S. jobs in the last year, but roughly a third of those have already been lost to production cuts.

PROTECTING PRODUCERS

The Biden administration has pledged to look at ways to support domestic producers of protective equipment - including potentially finding ways to subsidize U.S. producers - but the government reviews are still underway.

"The idea that everyone expressed during the crisis - that we need to avoid (PPE shortages) ever happening again - hasn't changed profit-driven institutions," said James Wyner, chief executive of Shawmut Corp., a West Bridgewater, Massachusetts, maker of engineered materials that expanded into mask production during the crisis. "The distributors are still sourcing their stuff at the lowest price."

Wyner said he's selling masks from his new production lines, but "substantially less than we would like."

Adam Albrecht, senior quality control manager at Indiana Face Mask, another small producer, said when the firm first started producing the higher-filtration N95 masks last year, "People came out of the woodwork, saying: 'We can sell this, we can sell this.' But it seems no matter how much we adjust prices down, the Chinese stay just below."

Some of the small mask makers are confident they will survive.

Dan Izhaky, who together with a partner has invested $4 million in a new mask factory outside Los Angeles, said the challenge is greater for makers of surgical masks, the ubiquitous safety masks that are relatively easy to make. Izhaky's company makes more complex N95 masks and he said he has continued to expand. "But we also believe the Biden administration is going to take a number of steps down the road to really help us be sustainable," he said.

The mask trade group - which doesn't include industry giants such as 3M Co. and Honeywell International Inc (NYSE:HON). - urged the Biden administration to take immediate action to support the industry.

Their recommendations include requiring the federal government and any other institution receiving federal dollars for buying protective equipment to buy only U.S.-made masks that comply with government rules on domestic content and remove any masks in the federal stockpile that don’t meet federal standards. They also want the administration to require any hospital that accepts federal funds to earmark 40% of its spending on PPE for domestic producers by 2023.

They are also asking the government to consider buying the 260 million masks now stockpiled at the new factories.
11/05/2021 11:24 PM
Dontbullshit @ming The main business of SCGM is manufacturing of the plastic
12/05/2021 8:02 PM
BlackWhite Likely to go down below 2 again
17/05/2021 11:02 AM
Consultant BlackWhite Likely to go down below 2 again
17/05/2021 11:02 AM


agreed.. like i said it will go back to 1.7 before next QR out
17/05/2021 12:21 PM
Papayashot how to calculate 1.7, Consultant?
19/05/2021 9:50 AM
holihom up 13 sen. what happen?
19/05/2021 10:06 AM
Trumpet Good buy
19/05/2021 10:50 AM
Myeye ~.~
25/05/2021 4:02 PM
Myeye ~.~
27/05/2021 9:32 AM
c2k9791 Most of the plastic mfg company green but not SCGM...Come on la...
27/05/2021 4:00 PM
Dontbullshit RM3 coming soon
28/05/2021 11:23 AM
BobbyAxelrod Revenues of plastic and packaging makers to rise across the board

https://www.klsescreener.com/v2/news/view/812621/revenues-of-plastic-and-packaging-makers-to-rise-across-the-board
01/06/2021 12:18 AM
BobbyAxelrod Lockdown = mega profit for plastic packaging manufacturers: $SCGM $TGUAN $SCIENTX $DAIBOCI $TOMYPAK $SLP
01/06/2021 8:53 AM
BobbyAxelrod During lockdown, the demand for plastic packaging surges for quite some time as evidenced by these counters previous lockdown's financial results. Most counters $SCGM $TGUAN $SCIENTX $DAIBOCI $TOMYPAK $SLP are now reasonably priced. Thank me later.
01/06/2021 9:00 AM
Dontbullshit Resin price is continue to coming down now but ASP elevated.
07/06/2021 8:37 PM
BobbyAxelrod The next one to announce earning will be DAIBOCI.
09/06/2021 10:24 AM
Consultant Quarter result almost out.. let's watch movie.. will it break 3 or go down below 2 again
10/06/2021 2:55 PM
Dontbullshit Oil price is up but plastic resin price keep dropping...
14/06/2021 3:24 PM
Papayashot Guys, may I know how to check resin price? Can share any link?
14/06/2021 7:30 PM
serendipity89 Gogogo
16/06/2021 9:08 AM
loss9696 time to go back to my entry price 3.59?
16/06/2021 10:46 PM
serendipity89 still stuck at 3.00 T.T
17/06/2021 6:37 AM
Young Padawan When is QR?
17/06/2021 7:32 AM
Dontbullshit Target price RM 3.20
17/06/2021 10:59 AM
Consultant QR should be end of this month
18/06/2021 2:44 PM
BILLION_Q Post removed. Why?
19/06/2021 6:25 PM
serendipity89 The boss (DS Lee) have a sharing session on SCGM outlook on 28th June 8pm on Zoom. near to quarter result release day. hope for good news.

Zoom Meeting ID : 895 8125 9211
Passcode : 791652
20/06/2021 9:46 AM
FlyingElephant whats d link?
20/06/2021 10:32 AM
serendipity89 go to zoom. then key in the meeting ID and passcode.
20/06/2021 11:36 AM
Dave Cheng Yes, we are having a Zoom Session on Understanding our business and ESG Practices. Please click on zoom to attend. Go to www.scgmbhd.com for further informaiton.
20/06/2021 1:04 PM
Dave Cheng SCGM Bhd - 4Q2021 results review and understanding SCGM's ESG practices

Date : June 28, 2021
Time : 08:00 PM

Join Zoom Meeting
https://us02web.zoom.us/j/89581259211?pwd=SzF4RHB2dEdzeEwwY2YzVmZFMXBsQT09

Meeting ID: 895 8125 9211
Passcode: 791652
23/06/2021 8:42 AM
c2k9791 Wrong timing for this QR...
28/06/2021 4:29 PM
serendipity89 gone. hopefully tomorrow wont bleed
28/06/2021 7:57 PM
Dontbullshit Profit before tax actually got 9.7Millions.
28/06/2021 9:22 PM
Dontbullshit Next quarter PBT would be higher due to elevated ASP and lower resin price
28/06/2021 9:23 PM
Bgt 9963 Hoot9e...!
28/06/2021 9:28 PM
Consultant GG.. tmr red sea again..
28/06/2021 10:29 PM
serendipity89 Deep value share will stand on its price when the rest drops. SCGM allows me to sleep well at night. With continuous lockdown, and no dine in, demand for plastic packaging going to maintain at high level.
Like the management continuous focus on high margin product via R&D rather than competeting for volume. This is the way to go
05/07/2021 6:06 PM
trading2019 After their talk at Kenanga last night, no momentum? What is this? No insider buying or help goreng it up? Hmm...
23/07/2021 9:50 AM
trading2019 Suddenly got a bit of movement liao. Dato Seri(s) collecting huh? kaka
23/07/2021 4:45 PM
happymiso Ready to go
23/07/2021 6:31 PM


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