For the quarter under review, the Group recorded a growth of 18.36% in revenue to RM 38.344 million (December 2020) .The profit after tax of the group has increased by 61.83% !!!
Please with its result, but disappointed in its prospect review, they need to tell us more about their prospect and what shareholders will be looking for...
What is there to disappoint about prospect which is something not measurable and vague?? As long as they can produce good results Qtr to Qtr and longer...then its Good company to invest in
A lot of times, prospect review in the qtr reports can tell u a lot about the company current and future situation, and it will affect our decision to buy, hold or sell
@Pampers worst performance in what sense?? revenue and profit UP Dude... so what r u talking about? Give details and not just vague statement... Otherwise just another tin kosong
'amazing results' but share drop immediately? another useless company! better xl before too late, don't say the excellent xuewenapeng don't tell you when you cry like a baby lmfao
Fyi I am a full time investor for more than 10yrs, my first batch buying price for scomnet is 0.7, prospect statement is very important for me judge more....U understand or not
Supercomnet Technologies Bhd, which specialises in making wires and cables for medical devices, saw its net profit jump 61.84% to RM7.38 million for the fourth quarter ended Dec 31, 2020 (4QFY20), from RM4.56 million a year ago, on improved margins and better revenue recognition. Its profit after tax margin increased to 19.25% in 4QFY20, from 14.08% a year earlier, according to its filing with the local bourse. Revenue grew 18.36% to RM38.34 million from RM32.4 million.
Source of information : Simply wall & Klse screener .
Supercomnet Technologies Berhad is covered by 2 analyst. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report.
Institution Analyst UOB Kay Hian Research Pte Ltd UOB Kay Hian Research Pte Ltd Chee-Wai Chong
Supercomnet Technologies Berhad manufactures and sells PVC compounds, and cables and wires for electronic devices and data control switches. The company offers electrical wires and cables, electrical molding cables, RGB cables, automotive plug in cables, copper and jumper wires, cords and cord sets, USB/mini USB cables, original equipment manufacturing (OEM) waterproof connectors, high-speed LAN cables, RCA connectors/cables, nursing call cables, and electronic packaging/PVC pellets. It provides wires and cables for the medical device, electrical appliance, consumer electronics, and automotive markets. The company operates in Malaysia, the United States, the Dominican Republic, Denmark, the Republic of Singapore, Taiwan, China, Hong-Kong, and Germany. Supercomnet Technologies Berhad was incorporated in 1990 and is headquartered in Sungai Petani, Malaysia.
# Market cap RM 1.38 billion ( 12/3/2021 )
# Year 2018 profit RM 12.2 million. Year 2019 profit RM 18.8 million Year 2020 profit RM 22.6 million ( Earnings and Revenue Growth Analysts Forecasts Year 2021 profit RM RM 53 million )
# Earnings are expected to grow significantly over the next 3 years.
# Earning are forecast to grow 79.4 % per year.
# Earning grew by 32.7 % over the past year .
# Current share price as on 12/3/2021 = RM 1.79.
# PE 58.11
# ROE 9%
# ROA 7.4 %
# ROCE 14.3 %
# REVENUE ( Sept 2020 ) RM 122.467 / per yr
# EARNING RM 20.33 million / per yr
# PROFIT MARGIN 16.6 %
# Earnings are expected to grow significantly over the next 3 years.
# SCOMNET's short term assets (MYR123.2M) exceed its short term liabilities (MYR18.2M).
# Long Term Liabilities: SCOMNET's short term assets (MYR123.2M) exceed its long term liabilities (MYR6.8M).
# SCOMNET is DEBT FREE
# CASH & SHORT TERM investment RM 74.5 M.
# RECEIVABLES RM 24.7 M.
# LONG TERM & OTHER ASSETS RM 111.1 M.
# INVENTORY RM 23.7 M .
# PHYSICAL ASSESTS RM17.2 M.
# OTHER LIABILITIES RM 20.8 M.
# DIVIDEND 0.84 %
# CURRENT PAYOUT DIVIDEND TO SHAREHOLDERS FROM EARNING 32 %.
# CEO Mr. Jong-Zone Shiue, also known as James, serves as the Managing Director of Supercomal Medical Products. SDN. BHD. (formerly known as Supercomnet Technologies Berhad). Mr. Shiue started his career as Marketing Planner at Matsushita Co. Ltd from 1969 to 1970. He worked at Sanyo Electrical Co. Ltd. from 1970 to 1983 and served as its Manufacturing Technical Chief. In 1983, he started his own company, King Royal Electrical Inc., a company involved in the wire harnessing, cable moulding assembly, manufacturing of SCSI control modules and other electrical/electronic products. He worked at Supercomal Wire & Cable Co. Ltd. as General Manager from 1993 to 1995. He has been a Director at Supercomal Medical Products. SDN. BHD. (formerly known as Supercomnet Technologies Berhad) since September 25, 1991. He holds a Certificate in Industrial Engineering from Taipei Institute of Industry which he received in 1969
Disclaimer : Not a buy or sell call.For investment decision please seek advice from your license investment bank advicer & remisier.Please do your own research .Trade at your own risk.
Disappointing statement for review of performance. If the directors don't care much about the investors, neither should we care. Was interested in this counter but seems like will find others
Heyy08... this situation is not happened to this counter only... but again this is not a glove stock.. we should not be panic selling unless you have another good counter to invest ... I am holding since July 2020 ... if current prices drop another 10 %,, I will top up again ....
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....
INVEST_AA
558 posts
Posted by INVEST_AA > 2021-03-11 15:33 | Report Abuse
Here comes the energy...