Posted by PengQuanLim > 2020-09-07 14:02 | Report Abuse

Boss keep disposing shares

Posted by stockintalk > 2020-09-07 14:23 | Report Abuse

So, he must or have to dispose, if not ,he going to TAKE OVER SCOMNET already.

Posted by stockintalk > 2020-09-07 14:23 | Report Abuse

His Son will be the 下一个接班人。

Posted by NPRA1985 > 2020-09-07 14:24 | Report Abuse

@pengQuanlim Whats the reason for disposing the shares?

Posted by stockintalk > 2020-09-07 14:24 | Report Abuse

家族持有高达67.67% scomnet!!!
市面上很少流动票。

Posted by Jolly > 2020-09-07 14:53 | Report Abuse

May I know how can we check the total percentage of shares hold by the founder n family member ? Thqv

Posted by BobLimm > 2020-09-07 15:16 | Report Abuse

Disposal of shares to increase market liquidity. I believe, on the other hand, they will be converting free warrants to increase their holding stake in Scomnet. This shares disposal helps to increase shareholders benefit, ie increase liquidity, gaining access to wider investors investment.

Posted by NPRA1985 > 2020-09-07 16:43 | Report Abuse

@bobolimm Does converting free warrants dilute the share price?

Posted by BobLimm > 2020-09-07 17:16 | Report Abuse

Yes, it's a dilution, however if u recall when Scomnet announced free warrant (3 for 1 free warrant), scomnet price was adjusted down, as such current price is reflecting current state of share and warrant share. There is an excise price to pay for converting to mother share.

Posted by bigearl > 2020-09-07 19:58 | Report Abuse

After they dispose the next day one big investor took up 4% of the company stake. Tool today we don't know who that is.

Posted by BobLimm > 2020-09-07 21:10 | Report Abuse

Should be big investor linked to Rakuten, otherwise there would not have upgraded them so quickly after a recent upgrade.

Maybe more to come.

Posted by NPRA1985 > 2020-09-08 10:10 | Report Abuse

why is the price dropping?

Posted by Teoh Boon Leong > 2020-09-08 10:11 | Report Abuse

Operators want collect cheap

Posted by Teoh Boon Leong > 2020-09-08 10:11 | Report Abuse

Hold tight

Posted by NPRA1985 > 2020-09-08 10:16 | Report Abuse

ok flush out the operators

Posted by Teoh Boon Leong > 2020-09-08 10:29 | Report Abuse

Addition of Wa listing shares ,drop is normal

Posted by Thks1956 > 2020-09-08 10:32 | Report Abuse

This is such a hidden GEM counter, imagine each covid case will see the demand increase 1 fold. I dont know what is the ceiling for Scomnet..... buy and keep.

Posted by NPRA1985 > 2020-09-08 11:03 | Report Abuse

@teoh boon leong I see. I forgot about the warrant listing shares. Now that makes sense

Posted by bigearl > 2020-09-08 11:13 | Report Abuse

Time to collect

Posted by NPRA1985 > 2020-09-08 11:42 | Report Abuse

I wanna collect but no money to top up huhu

Posted by bigearl > 2020-09-08 11:46 | Report Abuse

Sell a kidney quick ! haha

Posted by NPRA1985 > 2020-09-08 11:51 | Report Abuse

lol

Posted by Toplove888 > 2020-09-09 16:02 | Report Abuse

Good lah only this baby green green ;)

Posted by NPRA1985 > 2020-09-09 16:03 | Report Abuse

omg didnt even get a change to accumulate more at discounted price already rebounded back lol

Posted by DannyArcher > 2020-09-09 22:56 | Report Abuse

Insider disposing, sell... so many directors selling, they know next quarter will be bad.

Posted by bigearl > 2020-09-09 23:30 | Report Abuse

Bro DannyArcher where you read insider disposing, sell? Is it from the 4th September news?

Posted by NPRA1985 > 2020-09-10 01:01 | Report Abuse

@dannyarcher what’s your source for this info

Posted by pix0 > 2020-09-10 10:35 | Report Abuse

I believe it's the off market disposal to a group of investors at 1.95

Posted by mf > 2020-09-11 08:20 | Report Abuse

Asia-Pacific markets slip as Wall Street's turbulent trading week continues

Posted by bigearl > 2020-09-11 15:41 | Report Abuse

I believe in Scomnet. Super strong company. Worth the investment.

Posted by LiimInvest > 2020-09-12 12:03 | Report Abuse

Supercomnet Technologies - Supercharged Growth Continues

Author: rakutentrade | Publish date: Mon, 7 Sep 2020, 2:44 PM

We continue to favour Supercomnet Technologies Bhd (“Scomnet”) for its resilient earnings outlook and as a proxy to the recession proof healthcare industry. We are raising our earnings estimates by 19.5% for FY21 on the back of rising orders from major clients. BUY with revised target price of RM2.68 premised on a 3-year average mean 34x PER which is at a discount to Bursa Malaysia Healthcare Index of 43x further supported by a 68% growth in EPS for FY21.

Scomnet’s recent 2Q20 results were pretty much in-line with our expectations where it reported net profit of RM5.95m (+45% from previous quarter and +12% from last year) with cumulative RM10m for 1H20.Net margins improved to 24.6% in 2Q20 and cumulative 1H20 to 19% from around 16.0% in FY19. We believe it is on track to surpass our RM30m forecast in FY20 with the medical cable segment being the key driver with resilient outlook and impressive pipeline of products to sustain its earnings going forward. Furthermore, their automotive segment is seeing a recovery post MCO and has landed a new major client in French PSA Group.

Scomnet is embarking on a multi-year expansion with initial capex of RM7-10m and eventually is expected to double production capacity catering for their supercharged growth in the medical products supplying their FDA and EMA approved medical cables to their long serving major key clients namely US based Edward Lifesciences and Denmark based Ambu and Mermaid Medical. These companies are major global cardiovascular medical devices companies anchoring Scomnet growth trajectory as cardiovascular diseases are the number no. 1 cause of death globally according to WHO.

Balance sheet remains healthy with cash pile growing to RM56.6m and zero borrowings. We expect Scomnet to deliver its strongest ever performance on record with supercharged growth in EPS of +59% in FY20 and +68.3% in FY21.

Source: Rakuten Research - 7 Sept 2020

Posted by LiimInvest > 2020-09-14 19:41 | Report Abuse

乐天交易选股 14/9

乐天交易的首选基本面股是综合系统公司办公家具供应商艺丽控股（AHB Holdings Bhd）、工程解决方案供应商天龙科技（D’nonce Technology Bhd），以及神通电线（Supercomnet Technologies Bhd），该公司是医疗设备、电器、消费电子产品及汽车市场的电线与电缆制造商。

这3只股均被认为是疫情的受益者。

乐天交易指出，艺丽控股的最新产品“Covid Panels”和“SpaceCom Medical Hubs”，将受益于办公空间和医疗中心的新常态。该机构预计，由于进入疫情预防时代，对这些产品的需求将激增，该集团很可能在2021财年录得创纪录收益。

同样，该机构预测天龙科技将在2021财年实现创纪录盈利，因为主要手套制造商都是使用该集团的包装盒。

至于神通电线，由于疫情推高医疗电缆，收益将出现强劲增长。该集团料交出有史以来最强劲的业绩，2020和2021财年的每股盈利将分别劲扬59%和68.3%。

Posted by LiimInvest > 2020-09-14 19:49 | Report Abuse

******Rakuten Trading Stock Picking 14/9*****

The preferred fundamental stocks for Rakuten’s trading are AHB Holdings Bhd, an office furniture supplier for integrated systems, D’nonce Technology Bhd, an engineering solutions supplier, and Supercomnet Technologies Bhd. It is a wire and cable manufacturer in the medical equipment, electrical appliances, consumer electronics and automotive markets.

These three stocks are considered to be beneficiaries of the epidemic.

Rakuten Trading pointed out that Yili Holdings' latest products, "Covid Panels" and "SpaceCom Medical Hubs", will benefit from the new normal of office space and medical centers. The agency expects that as the demand for these products will surge as it enters the era of epidemic prevention, the group is likely to record record revenue in fiscal 2021.

Similarly, the agency predicts that Tianlong Technology will achieve record profits in fiscal 2021, because major glove manufacturers use the group's packaging boxes.

As for Shentong Wire, due to the epidemic pushing up medical cables, revenue will see strong growth. The group is expected to deliver the strongest performance ever, with earnings per share in the 2020 and 2021 fiscal years will rise by 59% and 68.3%, respectively.

Posted by Makeabuck > 2020-09-15 17:12 | Report Abuse

who is the investor who bought 60mil into scomnet?

Posted by lks1118 > 2020-09-15 23:22 | Report Abuse

Updates on Scomnet:-

https://www.youtube.com/watch?v=OFNHZiazK-g&feature=youtu.be

Posted by bigearl > 2020-09-16 02:11 | Report Abuse

I am surprise that no one talks about the new investor. 5.4% into the company stake is insane.

Posted by LiimInvest > 2020-09-16 11:51 | Report Abuse

YouTube Link: https://youtu.be/OFNHZiazK-g
Hello everyone, presenting to you a new segment within my channel called the 2-minute QuickTake. Today, I will be featuring Supercomnet Technologies Berhad (Scomnet, 0001) with a market cap of RM1.29 billion. There was an off-market transaction of 35 million Scomnet shares which was done at RM1.95 (or 5.43% stake) recently.

Posted by LiimInvest > 2020-09-16 11:51 | Report Abuse

Wow

Posted by LiimInvest > 2020-09-16 12:08 | Report Abuse

Alo Bigearl.. pls listen to youtu

Posted by LiimInvest > 2020-09-16 18:02 | Report Abuse

https://m.youtube.com/watch?feature=youtu.be&v=OFNHZiazK-g

Posted by monique1968 > 2020-09-17 09:14 | Report Abuse

Go Go Go SCOMNET

Posted by NPRA1985 > 2020-09-17 09:15 | Report Abuse

When gonna shoot to the moon?

Posted by bigearl > 2020-09-17 09:47 | Report Abuse

RM10?

Posted by NPRA1985 > 2020-09-17 13:40 | Report Abuse

https://www.theedgemarkets.com/article/six-questions-top-gloves-boss-he-announces-over-rm1b-quarterly-net-profit-today

Posted by NPRA1985 > 2020-09-17 21:15 | Report Abuse

Hopefully the stimulus package will be approved, then NASDAQ composite will rise https://www.washingtonpost.com/business/2020/09/16/trump-stimulus-payment-economic-relief/

Posted by lks1118 > 2020-09-18 08:50 | Report Abuse

YouTube Link: https://youtu.be/0FLrsGQJLw0

Supercomnet神通网络的最新的进展。最近该公司一批3千500万股 （5.43%股权），以市价在场外交易。为什么新大股东在该公司股价大起超过500%后才买进公司股权呢？

Posted by lks1118 > 2020-09-18 08:53 | Report Abuse

English version: https://www.youtube.com/watch?v=OFNHZiazK-g&feature=youtu.be

Posted by NPRA1985 > 2020-09-18 18:50 | Report Abuse

When is it going to fly again. Waiting patiently.

Posted by lks1118 > 2020-09-19 20:41 | Report Abuse

Scomnet Video in Malay language:
2-min QuickTake | Saham Bursa – Kemunculan pelabur baharu di dalam Supercomnet?

https://www.youtube.com/watch?v=T4yptzb_RBw&t

Posted by bigearl > 2020-09-21 00:39 | Report Abuse

Something is brewing. Wait for it.