So fast rebound. I park 2.50 also tak bagi chance.....

scjm...u heng ah......u say chart still bullish, it u turn. Dun even let me match my 30c. I no greedy anymore. Just want to buy 1/3 of original allocation

Wah...heng ah....so close to my parking price 30c. Cancel my parking this morning 1st. Change strategy....hehe.....Park 1/3@30c , 1/3@29c 1/3@28c.....i sold 50% at 35c but still holding the 50% at 29c. See got chance to buy back bo......Happy mid-autumn festival ya....

only -352??? Aiyo, really no see big snake pee b4.....u must be young i guess or just immature.
if it is -3520, then u start shouting la.

Wah, long time no come here. Come only and akuantiguru still screaming wolf coming ah? if wan crash, crash faster abilt la. Make it 25c.....lol

I plan to buy abit now. Park 100k unit @ 2.50. Ada chance ah? Park 1 month and see what happen loh.

wait for 4.30pm. Today is the witching day....i also dunno apa tu.....but ppl say no good sign wor....hehe......if today close below 3.....monday be prepare le...

Wow. Inventories double compare to last year. Finish product cannot sell? Or order plenty of raw material but cannot make into gloves?

no need kan cheong. Next week more Analyst will have more report.......it will be rough sea. Get ready some popcorn

coast clear also no use la.....miss the boat already. ASP coming down fast. Now all ppl got stk. So u sell trillion but profit is million also no use......

Wah lau...heng ah result like this.
That day i a'dy park Rm2.30......u say ada chance to limit down bo? if limit down once sudah matched....hehe

The problem now is the Rp3. It was deferred to 1st Jan 2022. Looking at how this is, very difficult for TNB to hv adjustment for RP3 especially if next year is going to be an election year. If no increase, then TNB profit will take a hit and div will reduce. RP3 will contract till Dec 2024.

wah lau...jiak lat. if can break Rm 3......super nice. I wonder can go to RM2.30 o not.....

wah...break 3.20 leh.....ada orang mau cupping and hang in front bursa? Make sure call media ...ok...

If IB not bullish, how to sell to u at Rm28 leh. IB also want cari makan ma. It is same like selling hse ma. Say that this area is booming. The hse selling at RM 1M and expat are renting at RM20K per month. Some expat even sign 1 year tenancy at RM50K per month. So everybody also jump in and buy and the hse price keep on increase loh. Also more builder building more hse loh. Now more houses, rental also coming down to between 2K to 5K. So u think think how much the hse worth loh.

Anyway, i said enough la. Ular, let me know if you interested to sell at Rm2.30. I come buy.....lol.

no need windfall tax la. I think TG has 1.7B tax. if gomen collect bk also enuf ma....not sure all has been paid o not la

Ular sawa, i think you get confuse where Tan Sri make money not = to u make money. Tan sri can continue to make money even TG price at RM1.50, TG sure wun close shop and they will continue to make money but can u?....wink wink

the excitement will be big gloves company taking over small gloves company and then suddenly covid 2 come back. And the same music shall be played again. Big 4 got so much capacity to supply to the world again. Of course, I don't wish it to happen la.

This is kingkong opinion la. TG wun die la but new comer will loh. It depends how much can TG continue to milk before ASP normalised. After ASP normalised, there might be price war to sell the gloves. Since TG manage to profit during the pandemic, it have sufficient war chest to go into price war and it does not have much debt. On the other hand, those new comer which is late into the game, they might not have profit much and they might nd to service their loan. I think this happen 20 yrs ago where there is many gloves company and the small 1 got eaten by the big 1 and eventually consolidate into now the big 4.

Lol...at least someone got do homework la..... With so many gloves coming in the market, still can sell Usd 38 to 40? Boss a'dy says ASP dropping. I think something like 30% every Q. By 2022 will normalised d.....go do some math la. Not very diffcult. Simple + - x / will give u the asp a'dy. The question now is will the ASP drop below 2018/19 level with so many gloves coming out. Harta and TG gloves production increase 50% compare to 2019.

I make some calculations on TG based on the ASP in 2018 and 2019 and with the projected capacity of 204 billion of rubber glove and average profit margin of 10% based on 2016 to 2019 profit magin. In short, i'm taking data before the pre pandemic. At this price, it is definitely overvalued. Even with a capacity of 204 billion by 2025 and given a PE 10 - 15, its worth RM2.30 - RM3.50. Why onlyPE 10-15? I rate matured company at PE10-15 and growth company PE15-25. I doubt there will double the capacity to 400 billion gloves in next 5 yrs after 2025. And with 50% dividend policy at the projected earning in 2025, the dividend yield 3.8%. It is definitely looks expensive to me.

I think ada chance 1....let wait patiently.....

Hmm....no expert wants to offer their view on recent scope price fluctuation? Well, see we can come up with a conspiracy theory o not....lol....
1. Why didn't they announce the bonus warrant during the right issue? U do it together, u save the administration money leh.
2. What is the purpose of the free warrant? I know they say so that they can raise money in the future as well....but
3. Who is the biggest beneficiary from this exercise?.....

Got answer?....wink wink

Dun worry...i help to support abit at 30c. I a'dy parking there. Come to daddy...hehe

IMHO...the price dip is because the bonus warrant loh......why?....i also dunno how to xplain in words. maybe some xpert can can xplain better.

Parking 30c to buy 1.5x of what i sold today.....ada chance ka? At least i help to support at 30c...hehe....

Adoii....my scope 35c matched a'dy.....lol.....nevermind la....its is a good problem. Pocket the money 1st and cancel my 36c parking now. Wait for the freebie warrant....lol

LuckyBertuah is so right.....parking 50% at 35c and 50% at 36c.......lai lai...lelong lelong......see this week can match 35c o not....lol

lol...sui.....
kaki lima fortune teller also at times can be cun cun

ajime17...i know scope has webpage. I'm referring to the singapore subsidary. Scope global distributor which doing the trading. U ada baca betui o not? U judi or i judi?

I got some at 0.29. If drop, i buy abit more loh. I a'dy parking to run at 0.35c, but i remind myself the following
1. Next Q will report 1034 million unit shares
2. July FMCO. less production or probably no production?
3. Scope global distributor pte ltd sell wat ah? 36M revenue but less than 1.3 mil profit? No webpage, no FB.
4. Pray pray CPO continues to be high. if drop ah....jiak lat. CPO profit is 50% and also high than trading
5. -ve cash flow leh. Trade receivables RM33mil.

tikam 0.29c also kena....lol.....heng ah.....

When price down is a rubbish counter? Pressing down for u to buy more no good meh?

Does anyone know what trading is scope doing? 36M but profit is only 1.3M. 3.7% nia. Cannot find any website or FB on the trading company or info of the product.

Over the weekend saw the phone got a notification. check and saw it is the alert I hv set for scope....i also forgot d. Tukang tilik also can become chun chun sometimes.....lol.
So today apa macam? Today will start to monitor. See tis broken clock can get right twice a day o not.

i wonder mana itu wall street analyst says banker is buying at 33.5c. if like that, now better sell house, sell car to buy because now is lagi better EP.

& Yes, next Q is 1.1B share - that is the key number i been highlighting

really ggcomliao loh....tukang tilik kaki lima also becoming more chun now.....cham liao loh

I'm a number guy. I analyze numbers and then only business. Don't need to worry am i informed or uninformed. What matters are u making money???....lol.....i still aim for 29c after i exited......all the best ya

I park 29c....see can get o not. There is a recent semicon article that says the chip shortage will be resolve by year-end. Many companies evaluating the possibilities of tier 2 chips for some of their less critical component. Mayb semicon trend also will share the same faith as gloves.

This reported quarter profit is commendable and hope it will continue to increase but a note to take is that due to it was Apr- Jun result, i did not factor in the enlarge sharholding. So, for Jul-sept, scope need to increase its revenue to 60mil with 6% profit margin to get back the current eps. I believed it is achievable. The question will be how much revenue can the scope continue to increase. If it can go as high as 500Mil from current 90mil, then sit tight tight scopie.....

Hi, Just wondering how you calculate the FY24 net profit margin is 80mil? I look at EMS margin are generally 6% to 10%. Given on high side 10%, it need to hv annual revenue of RM800mil. Meaning Scope needs to increase revenue 8x or more.

I'm not doubting Scope prospect but somehow feel the optimism is out of proportion. It seems like Scope will be the main beneficiary of the Sonos demand. I think the bread will fall into the Inventec appliances and some of it will fell into Scope's plate. Hopefully not the bread crumb.

Inventec bayan lepas is doing recruitment for operators.

There is Inventec Appliances Malaysia. I believed Sonos AGM is not specifically referring to scope and i believed the line transfer from China is referring to Malaysia is referring to Inventec plant in Bayan lepas

Total shares are 1153 million. To make it simple, just consider 153million in treasury and hence 1000 mil in shareholder's hands. The group last year's revenue was about 20million. Last Q revenue was about RM 21 million. There is already a huge jump in terms of revenue compared to last year. I assume the new manufacturing plant has partially operated and contribute. And assume this Q will increase by another 25%. The quarterly revenue should be RM25mil. 4Q will be RM 100mil. (I doubt with just 1 additional new plant can increase revenue by 5x - 20M to 100M.....anyway, give the benefit of the doubt) Scope profit margin is 7 to 12%. I take 10% as an average as most EMS is about 8% if not mistaken. PIE is also another EMS and their average profit margin is 7%. That means the best outcome is profit 10mil and that translates to EPS of 1c. The current price is PE= 36. PIE is only 18 and 10 times bigger than scope.......of course, sometimes the market can also rate them at PE 60 to 70.

I remember 10 years ago or maybe slightly more, Uncle Calvin was shouting a similar theme and said CPO price will up to RM6500 due to el Nino and all palm oil companies make a super profit. 10 years have passed and still no sight RM6500. I know that uncles that follow him to buy Jtiasa at 1.40 and the rest is history. Sound to me like the story of the boy crying wolf is coming. Hope no 1 stuck another 10 yrs and I will be an uncle myself by then.

AGM will be next week Friday. Anyone attending online? Clashed with my meeting. If anyone attending, appreciate if can provide the meeting key point here. Thanks

Damm....didn't even give me fire my third shot and rebound a'dy. I was waiting eagerly at 2.40. At least kena 3 batch, will be yummy.

2.80? currently, it is overvalued. Fair value should be Rm2.20. Overseas EMS especially in Taiwan are valued at PE15 only. What makes PIE so special to be valued at PE20??