Supercomnet’s main customers comprise New York Stock Exchange-listed Edwards Lifesciences Corp and Denmark-based Ambu, both of which have signed long-term agreements with the company.
The Edge Malaysia weekly previously reported that Supercomnet’s wholly-owned subsidiary Supercomal Medical Products Sdn Bhd (SMP), which manufactures cables used to connect various medical devices, had seen order volume double since the Covid-19 outbreak began.
“Demand for medical cables has always been strong, but recent orders from our clients indicate that demand is picking up even further,” said Supercomnet managing director James Shiue Jong-Zone in an interview with The Edge.
The main products developed by the company include disposable medical consumables for Class 1, Class 2 and intensive care unit (ICU) usage.
I already sold my share just now. If this latest qr reported eps 1.4-1.6. Should be justify with current share price. Not buy or sell call. This company has potential to go higher. Will wait retrace to buy again.
i first bought scomnet when it was a RM400 mil+ company. In the space of a few months, market cap is RM1billion. rather lofty valuation for a company whose revenue just crossed the RM100 million mark for the first time in FY19. sold all today and switched to TopGlove.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kanzaki123
302 posts
Posted by kanzaki123 > 2020-06-19 17:19 | Report Abuse
Stuck at 1.28 ooo.. maybe avg down