Posted by neemdom > 2020-08-02 00:59 | Report Abuse

Shoppee selling 50pcs mask for only rm11.most of the people wear, because of Sop only

Posted by vavower838 > 2020-08-02 23:52 | Report Abuse

imagine selling at these price and chasing some other counter (cough, glove, cough) with limited upside. smh...

Posted by DeBao > 2020-08-03 09:05 | Report Abuse

- Running at maximum capacity utilization. The Group’s capacity utilization level for its plastic packaging product has surged from 60% in early-2020 to 80% currently given the increasing demand for packed and baked food products. Meanwhile, nearly 40% of its food and beverage plastic packaging products saw an increase in ASP owing to SCGM’s need to incur extra labour costs due to longer working hours in order to fulfil orders for the products.
- Looking into phase 2 expansion plan. The 600,000 sq ft Kulai plant, which has an extrusion capacity of 62.6m kg/year, is currently 85% occupied. Management is planning for its 2nd phase expansion plan given the limited production capacity at present. New machineries are expected to arrive in Sept-Oct, with the higher capacity expected to contribute an additional 10%-15% to the Group’s sales.
- Receiving maiden order from UK customer. Management also shared that it has recently received its first order from the biggest bakery supplier in the UK. The products are mainly for the 3-pack muffins, 4-pack muffins and 5-finger slices. Albeit it being a small order, the subsequent orders will be significantly larger once it passes the trial period, which takes about 6-9 months.
- Targeting export markets. Management targets to grow its export market, which made up only 35.1% of its total sales. Post the Covid-19 outbreak, SCGM has seen significant improvement in export sales owing to a pick-up in orders from Singapore, Australia, UK and Philippines. The Middle East region is the next area that it plans to penetrate into after the UK.
- Strong pick-up in face mask orders. The company saw a more than 20-fold jump in its face mask orders since the Malaysian government’s announcement making it mandatory to wear face masks for those using public transportation and in crowded public areas from 1 Aug.

Posted by Lee Kok Wee > 2020-08-03 09:16 | Report Abuse

SCGM seem very power today . Another LKL ? Up 35% in single day ? Huat ar .........

Posted by smokinweeds > 2020-08-03 11:05 | Report Abuse

Hi DeBao, which brokerage house is that? Could you please share? Thank you

Posted by DeBao > 2020-08-03 11:40 | Report Abuse

Public Bank

Posted by smokinweeds > 2020-08-03 11:43 | Report Abuse

Whats their TP?

Posted by stockwinner > 2020-08-03 14:31 | Report Abuse

Made in Malaysia Mask habis stock satu malaysia lo... China punya mask tak boleh pakai, easily broken string + unknonwn chemical.

Posted by stockwinner > 2020-08-03 14:32 | Report Abuse

You try buy Made in Malaysia mask and see the price, semua naik harga gao gao ASP

Posted by stockwinner > 2020-08-03 14:33 | Report Abuse

shopee RM11 50pc. Lu mao Cancer lu pakai la

Posted by Fattymin > 2020-08-03 16:52 | Report Abuse

mana ada habis stock? i bot medicos mask yesterday, stil have a lot of stock

Posted by skyrocket > 2020-08-03 17:47 | Report Abuse

I'm wearing SCGM mask. Good quality, highly recommended.

Posted by David Thong > 2020-08-03 20:50 | Report Abuse

Buy SCGM masks here:
https://scgm-po.firebaseapp.com/

Posted by cedot12448 > 2020-08-03 23:29 | Report Abuse

lol at all the people thinking SCGM is just about masks... clearly they are just following the hype and knows nothing.

Posted by stockwinner > 2020-08-03 23:46 | Report Abuse

Cedot12448 And ppl like you think internet was invented last week... Only you know everything haha. ka ching Ka kaching today laugh to the bank

Posted by cedot12448 > 2020-08-04 08:02 | Report Abuse

stockwinner, I don't claim to know everything, but I do know somethings. :wink:

Posted by steve8lily > 2020-08-04 12:30 | Report Abuse

Why suddenly drop so much?

Posted by BlackWhite > 2020-08-04 13:40 | Report Abuse

Across the board drop is this the dreaded big correction has started I taught we got somemore 60days to live

Posted by cedot12448 > 2020-08-05 08:26 | Report Abuse

Everything seems to be on point.

Posted by vavower838 > 2020-08-05 08:29 | Report Abuse

imagine selling at these prices...

Posted by TheNobbies > 2020-08-05 12:00 | Report Abuse

mask rm 10, 20 per box 50 pcs from shopee .. got margin meh ?loll

Posted by Fattymin > 2020-08-05 17:14 | Report Abuse

scgm selling rm40 perbox....

Posted by stockwinner > 2020-08-05 22:45 | Report Abuse

shopee RM11 50pc. Lu mao Cancer lu pakai la. Support Made in Malaysia RM75 per box 50pcs. SCGM RM60 per box

Posted by WildCaTMeow > 2020-08-06 12:14 | Report Abuse

some said mask no margin than how did notion up that much?

Posted by God888 > 2020-08-06 13:08 | Report Abuse

SCGM waiting for the big shark. Be patient and wait for the second spike. Hold tight.

Posted by oweno83 > 2020-08-07 16:09 | Report Abuse

slow moving today. when will the announcement be?

Posted by god2077 > 2020-08-07 18:07 | Report Abuse

Collected on RM3.3 :)

Posted by mbge7clt > 2020-08-09 20:58 | Report Abuse

Hope it can go up

Posted by Panorama1 > 2020-08-09 22:41 | Report Abuse

China's once-booming mask makers struggle after price drop
https://www.straitstimes.com/business/economy/chinas-once-booming-mask-makers-struggle-after-price-drop?xtor=CS3-18&utm_source=STiPhone&utm_medium=share&utm_term=2020-08-09%2022%3A08%3A53

Posted by weimun88 > 2020-08-10 11:13 | Report Abuse

I will think now is a good timing for scgm when the new normal is dabao. Mask is only a plus point for SCGM, heard that there might be incentives given by gov to local mask producer. Hold tight and wait for the coming good quarter result.

Posted by mbge7clt > 2020-08-10 11:21 | Report Abuse

actually SCGM export 50% of their mask to S'pore, earn SGD, so i think the margin is higher than those that sell to local market.

Posted by yesyesyes > 2020-08-10 11:29 | Report Abuse

take or run ?

Posted by jibbie > 2020-08-10 11:30 | Report Abuse

took profit already. Can reenter below rm3

Posted by yesyesyes > 2020-08-10 11:39 | Report Abuse

i feel can .. but anyway , i didnt own any shares .. just standing outside and see

Posted by St0000ck > 2020-08-10 12:00 | Report Abuse

let this plummet flush out and refresh the weak ones

Posted by weimun88 > 2020-08-10 12:08 | Report Abuse

https://www.klsescreener.com/v2/news/view/712101

Posted by mrmeow > 2020-08-10 17:10 | Report Abuse

SCGM just hit support and rebounded intraday, 20MA. Overall Prospects is still good, combine Packaging industry with PPE, good combo, it was a good entry today

Posted by mbge7clt > 2020-08-10 20:47 | Report Abuse

BP Plas announced good results, SCGM should be even better.

Posted by mrmeow > 2020-08-10 21:54 | Report Abuse

We shall see tomorrow will continue the uptrend, these days were just healthy retracement

Posted by kakarot > 2020-08-10 22:18 | Report Abuse

hopefully uptrend, trapped in high price lol

Posted by mrmeow > 2020-08-10 22:31 | Report Abuse

Good luck to all, I believe still will continue the uptrend, healthy retracement only

Posted by mrmeow > 2020-08-11 09:48 | Report Abuse

see it rebounded, will continue the uptrend towards new high

Posted by angmodan > 2020-08-11 16:17 | Report Abuse

what happen to SCGM....?

Posted by David Thong > 2020-08-11 16:54 | Report Abuse

Current price good for buy low sell high!! Share price will fly when the Quarterly report is released in Sept!!!

Posted by mbge7clt > 2020-08-11 22:11 | Report Abuse

agree, good FA company

Posted by vavower838 > 2020-08-12 07:53 | Report Abuse

imagine selling at these prices...

Posted by kakarot > 2020-08-12 20:17 | Report Abuse

When is next QR out?

Posted by Shawalrich87 > 2020-08-12 21:03 | Report Abuse

Practise cut loss 5% and profit taking 10%. Fundamental and good quarter result not last long. But your capital will be gone and never be back again.

Posted by miracle0207 > 2020-08-12 22:05 | Report Abuse

Like that how u gonna earn big?? I holding this from 1.03 till now .. when trend coming hold tight tight this year will be superb !!

Posted by vavower838 > 2020-08-13 08:28 | Report Abuse

rekt to whoever panicked sold.