SUPERCOMNET TECHNOLOGIES BHD

KLSE (MYR): SCOMNET (0001)

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Last Price

1.22

Today's Change

+0.02 (1.67%)

Day's Change

1.20 - 1.22

Trading Volume

161,400


7 people like this.

4,419 comment(s). Last comment by chai2145 1 day ago

cherry88

986 posts

Posted by cherry88 > 2021-09-13 10:07 | Report Abuse

@wallstreetrookie.....agreed. We should focus on its future growth

Posted by Mr.Sm Invest123 > 2021-09-13 13:42 | Report Abuse

i bought 3 years ago & hold for long term investment

cherry88

986 posts

Posted by cherry88 > 2021-09-13 15:57 | Report Abuse

wah...u really can tahan !

Posted by Mr.Sm Invest123 > 2021-09-13 17:20 | Report Abuse

confident in this company

Posted by calvinfong_them > 2021-09-14 08:52 | Report Abuse

Mr. Sim Invest123
May i know what is the price you bought 3 years ago?

FreshNoob

245 posts

Posted by FreshNoob > 2021-09-14 09:29 | Report Abuse

@mr.sm invest.

Wah. Then u must be really frustrated.. see it climb all the way up to 2 plus and drop back all the way down so many times already . Haha

Posted by Mr.Sm Invest123 > 2021-09-14 12:20 | Report Abuse

calvinfong_them @ ard 35 cents

cherry88

986 posts

Posted by cherry88 > 2021-09-14 13:20 | Report Abuse

Another Warren Buffee was born... LOL

Posted by Mr.Sm Invest123 > 2021-09-14 16:00 | Report Abuse

cherry88 yes

Posted by Jonathan Keung > 2021-09-15 10:58 | Report Abuse

Go for long term growth stocks but buy and hold strategy might not work for everyone.unless you have 2-3 years holding power. This applies to most retailers { short term in nature }

Posted by Mr.Sm Invest123 > 2021-09-16 20:22 | Report Abuse

FreshNoob@ I am never frustrated

Posted by SpicyMcDeluxe > 2021-09-22 14:49 | Report Abuse

kekew

cherry88

986 posts

Posted by cherry88 > 2021-09-22 14:57 | Report Abuse

guys n gals.....start to look excited....next immediate TP should be RM2.00

Posted by Mr.Sm Invest123 > 2021-09-22 18:54 | Report Abuse

cherry88@next immediate TP should >be RM2.00-2.50

cherry88

986 posts

Posted by cherry88 > 2021-09-23 08:41 | Report Abuse

Haha....Cherry is very conservative....Anyway, this cherry remains fresh and will still hold on

FreshNoob

245 posts

Posted by FreshNoob > 2021-09-23 09:39 | Report Abuse

Wow ! Alot of strength..

cherry88

986 posts

Posted by cherry88 > 2021-09-23 10:45 | Report Abuse

Cherry still green, and isn't ripe yet. Please buy back and keep before it is sold out

Posted by Mr.Sm Invest123 > 2021-09-25 21:40 | Report Abuse

accumulating.......

FreshNoob

245 posts

Posted by FreshNoob > 2021-09-27 11:38 | Report Abuse

Wow. Down to the ground and fly to the moon !

cherry88

986 posts

Posted by cherry88 > 2021-09-27 12:36 | Report Abuse

Pls refer to my comment dated 13/9, and do your own research. It is still "on the ground", just floating a bit only

Posted by Jonathan Keung > 2021-09-28 11:21 | Report Abuse

Hit $1.91 now ease back { no holding power }

Posted by pandaemonaeon > 2021-09-28 20:04 | Report Abuse

What happen?drop too much today

FreshNoob

245 posts

Posted by FreshNoob > 2021-09-29 16:16 | Report Abuse

Wheres next support level

cherry88

986 posts

Posted by cherry88 > 2021-10-01 10:08 | Report Abuse

Every current price level is the support level, as it is already "floating on the ground". the only direction is up.

Plantermen

2,241 posts

Posted by Plantermen > 2021-10-11 12:13 | Report Abuse

Need to wait for the coming main board transfer

Posted by MrWinMoney > 2021-10-11 14:09 | Report Abuse

Any ETA for that?

cherry88

986 posts

Posted by cherry88 > 2021-10-20 14:20 | Report Abuse

Refer to my earlier comments dated 13/9, UOB has given a TP of RM2.15 based on 32x PE. However, I expect a higher TP if you can hold a bit longer, to achieve a TP of RM4.40 (based on industry PE of 40x)

Posted by kwcheong3888 > 2021-11-15 22:02 | Report Abuse

UOB has revised the TP to RM2.38 in the latest analyst report....

dchin472

326 posts

Posted by dchin472 > 2021-11-15 23:46 | Report Abuse

scomnet gogogo 3rm

Posted by Mr.Sm Invest123 > 2021-11-22 23:51 | Report Abuse

Next QR | Est. Ann. Date:30-Nov-2021

cherry88

986 posts

Posted by cherry88 > 2021-11-25 10:17 | Report Abuse

break-out resistant level.....fly toward RM2.40 first

bojed

5,064 posts

Posted by bojed > 2021-11-25 10:55 | Report Abuse

Phew I managed to buy warrants at 1.19 earlier this morning.

Posted by Jonathan Keung > 2021-11-25 13:53 | Report Abuse

Need to break above $ 2.00 mark before scaling the next the TP of 2.15 -2.20

cherry88

986 posts

Posted by cherry88 > 2021-11-25 17:27 | Report Abuse

to announce an very encouraging results soon (even in MCO period)...stay tune.....

Ong_ong

4 posts

Posted by Ong_ong > 2021-11-25 18:31 | Report Abuse

QR out, 7m net profit

Posted by Mr.Sm Invest123 > 2021-11-25 19:21 | Report Abuse

Prospects For The Financial Year

The Group has obtained approval from the authority to operate at 100% workforce
from September 1, 2021 onwards,

"thus the operation of the Group is expected to recovery on the remaining quarter".
In addition to the orders from the medical sector, the non-medical businesses are also expected to contribute positively towards the revenue.

Thus, barring any unforeseen circumstances, the Group is expecting the performance in the remaining financial year to be satisfactory.

bojed

5,064 posts

Posted by bojed > 2021-11-25 19:45 | Report Abuse

Come on 2.4!

cherry88

986 posts

Posted by cherry88 > 2021-11-25 22:56 | Report Abuse

Guys n gals.....I believe most of you would have continued to hold on till now. We are now feel more confidence upon the results announcement. At least, we don't feel "uncertain" throughout the weekend break.
Well, given its 9-month profit of RM17mil, full year of RM25mil is still very conservative. The company can even perform better during MCO (or 60% capacity period), thanks to its high margin products. I am not here to repeat the facts, but let's look forward.....Achieving RM25mil is not a big growth (as compare to those tech stock) if u compare to FY2020 PAT of RM23mil. BUT if you looking into FY2022 and FY2023, its growth potential is almost double given the full capacity operation (no more MCO lah), schedule factory expansion, confirmed order on hand with high level of entry level. Based on RM50mil PAT in FY2022, its forward PE will be around 30x. (based on current price of RM1.96). Immediate TP should be in RM2.64 based on FPE of 40x.

Again, for short term players, exit at its resistance level of RM2.40 level is good enough. However, long term players should continue hold on till its potential to be fully reflected in the next 5 years, if not at least waiting it to be transferred to Main Board by end of next year, and looking forward RM70mil PAT in FY2023 or TP of RM3.68 (based on FY2023 FPE of 40x). My comments on 20/10 remains valid should you be able to wait beyond FY2023.

Transferring into Main Board may not have its fundamental value, but it will attract more institutions to re-look this counters. It is "lucky" for us to pick it up now before it was in radar of institutions.

Good Luck !

Posted by kwcheong3888 > 2021-11-25 23:04 | Report Abuse

Agree with cherry88, will continue hold this stock as current price is still undervalued based on its future exponential growth....

Plantermen

2,241 posts

Posted by Plantermen > 2021-11-26 05:57 | Report Abuse

Once transfered it's listings { Main Board } gives Supercomnet open up to more trade funds, banks, PRS, equity investment houses { currently unable to buy into the stock} due to certain individual policy limitations & restrictions

bojed

5,064 posts

Posted by bojed > 2021-11-29 16:58 | Report Abuse

YEEEEHAAAAA!!!

Lucifer999

599 posts

Posted by Lucifer999 > 2021-12-01 10:15 | Report Abuse

not bad looking good

Posted by MrWinMoney > 2021-12-01 11:46 | Report Abuse

The question is when will it be listing in Main Board, have been hearing quite some time right now.

cherry88

986 posts

Posted by cherry88 > 2021-12-01 15:21 | Report Abuse

@MrWinMoney Refer to my comment dated 13/9.

Posted by kwcheong3888 > 2021-12-01 21:10 | Report Abuse

Be patient, a watched pot never boils...

Lucifer999

599 posts

Posted by Lucifer999 > 2021-12-01 23:03 | Report Abuse

nice closign

Posted by MrWinMoney > 2021-12-02 09:56 | Report Abuse

@cherry88, thanks, got it, looks like still got long way to go....

bojed

5,064 posts

Posted by bojed > 2021-12-08 09:21 | Report Abuse

Go go go!

Posted by Jonathan Keung > 2021-12-09 18:26 | Report Abuse

Needs a sustain push above 1.92 -1.95 to scale higher

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