Then again, when buying stocks is not about the stock current price, is about a stock performance in the future. So say now is expensive, but later is going to be cheap when quarter out. thats where the price difference. if you wnt value, go buy tenaga, banks, now. is cheap and undervalue.
Thermoformed food plastic packaging supplier SCGM Bhd, which diversified into personal protective equipment (PPE) manufacturing in March, is also among the top gainers in this list as it saw its share price grow 3.7 times (up 277%) to RM3.31.
i don't understand why mkt view SCGM as mask company, its core business is plastic packing company like TGuan,.. mask is its additional stream of revenue on top of its core business. So, with the implementation of CMCO or EMCO, definitely its business revenue is keep breaking
@newbies522, 26th closing was 3.00, 27th's opening was 2.99, becos market is determined by demand/supply, so there were slightly more buyer to buy in at 2.99 at opening on 27th ex-date.
i saw the food plastic packaging is of sealed type, should be very sellable especially during covid where a lot of people ordering take out. Packaging without seal somehow pose some hygiene problem especially being delivered by Food Panda, Grab or any delivery company, so SCGM is giving a very good solution.
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....
Ben Chang
14 posts
Posted by Ben Chang > 2020-10-17 19:27 | Report Abuse
sure ! just hear from interview dec result will be historical high.Thk for u advise