SCGM BHD

KLSE (MYR): SCGM (7247)

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Last Price

0.63

Today's Change

+0.005 (0.80%)

Day's Change

0.625 - 0.63

Trading Volume

6,100


13 people like this.

2,951 comment(s). Last comment by Just88 1 month ago

MrGala

217 posts

Posted by MrGala > 2014-04-30 09:46 | Report Abuse

Pika Pika! The trading buy call was accurate, it really hit 1.54!!!!
Grrrr......

tomjohor

164 posts

Posted by tomjohor > 2014-04-30 09:56 | Report Abuse

Ya loh! So after hit TP 1.54, show finish loh! :)

beverley96

225 posts

Posted by beverley96 > 2014-04-30 10:07 | Report Abuse

i think will up to RM2 but need some times

johnny cash

6,400 posts

Posted by johnny cash > 2014-04-30 13:16 | Report Abuse

SCGM (SCGM MK)
Technical BUY on pullback with +20.7%
potential return
Last price : RM1.53 (RM1.40~RM1.50)
Target Price : RM1.64, RM1.72
Support : RM1.36
Stop-loss: RM1.35
BUY on pullback with a target price of RM1.72
with stop loss placed below RM1.35. Given our
earlier BUY call on 31 Mar 14, SCGM has
move higher and exceeded our target price of
RM1.41. Despite the minor correction from the
recent high of RM1.51 to the low of RM1.35,
SCGM staged a strong rebound yesterday to
correct toward a possible upward continuation.
The emergence of fresh buying interest
yesterday in the form of a higher trading
volume of 4.1m shares (vs 20-day average of
1.3m) has proved to be a much needed
catalyst in order to drive the share price higher.
However, conservative investors may try to
accumulate within the RM1.40-1.50 region
amid a potential minor pullback over profittaking
given the sharp rise yesterday. Upside
target is pegged at the 1.61x Fibonacci
extension level of RM1.72.

935win

671 posts

Posted by 935win > 2014-04-30 15:33 | Report Abuse

good performance.

935win

671 posts

Posted by 935win > 2014-05-02 09:04 | Report Abuse

downward

tonylim

4,796 posts

Posted by tonylim > 2014-05-02 11:26 | Report Abuse

Morning

Posted by wanderabara > 2014-05-02 15:04 |

Post removed.Why?

Pika Chan

198 posts

Posted by Pika Chan > 2014-05-02 16:43 | Report Abuse

this game is over .. for now .. now you will be playing a game call "the game of waiting" with SM...

oon168

204 posts

Posted by oon168 > 2014-05-02 18:21 | Report Abuse

i dnot thing so...

hwang112

39 posts

Posted by hwang112 > 2014-05-02 18:25 |

Post removed.Why?

tjhldg

27,218 posts

Posted by tjhldg > 2014-05-03 00:00 | Report Abuse

simpan pan sim pan sim simpan :)

Posted by growthinvestor > 2014-05-04 21:43 | Report Abuse

profit taking..bye

oon168

204 posts

Posted by oon168 > 2014-05-05 21:02 | Report Abuse

0.50can buying more.

oon168

204 posts

Posted by oon168 > 2014-05-05 21:07 | Report Abuse

sorry 1.40can buy...

Pika Chan

198 posts

Posted by Pika Chan > 2014-05-07 12:01 | Report Abuse

The share is stabilize at 1.45, want to buy a bit low also cannot .. strong as f**k.

tomjohor

164 posts

Posted by tomjohor > 2014-05-07 14:50 | Report Abuse

Now moving...

unemployed

147 posts

Posted by unemployed > 2014-05-08 03:47 | Report Abuse

Going to jump up today?

unemployed

147 posts

Posted by unemployed > 2014-05-08 16:53 | Report Abuse

7sen (4.76%) increase
Last few minutes to buy today.
Are we looking at RM1.70 or more within the next few sessions?

oon168

204 posts

Posted by oon168 > 2014-05-08 22:41 | Report Abuse

2.00-2.50

ahlek888

163 posts

Posted by ahlek888 > 2014-05-08 23:45 | Report Abuse

wah power, how to react? pegang atau lepas dulu?

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-09 09:51 | Report Abuse

SCGM (SCGM MK)
Technical BUY with +17.5% potential return
Last price : RM1.54
Target Price : RM1.73, RM1.81
Support : RM1.43
Stop-loss: RM1.42
BUY with a target price of RM1.81 with stop
loss placed below RM1.42. SCGM’s share
price retraced from the recent high of RM1.61
before establishing a new support level at
RM1.43. Given yesterday’s rebound off the
support level on the back of a higher trading
volume of 1.6m shares (vs 5-day average of
0.7m), we expect upward continuation
hereafter. Additionally, the bullish crossover in
Stochastic suggests rising momentum, which
should help push the share price higher.
Moving forward, we expect SCGM to climb
along the price channel with medium-term
upside target pegged at the 1.61x Fibonacci
extension level of RM1.81.

tonylim

4,796 posts

Posted by tonylim > 2014-05-09 10:51 | Report Abuse

Morning johnny

johnmajor

260 posts

Posted by johnmajor > 2014-05-09 23:24 | Report Abuse

TP RM2.00

ahlek888

163 posts

Posted by ahlek888 > 2014-05-11 22:04 | Report Abuse

wah TP keep pushing higher and higher?

Posted by Tee Nick Vann > 2014-05-14 01:00 | Report Abuse

strong uptrend with good volume gogogo

Chris Sy

3,117 posts

Posted by Chris Sy > 2014-05-14 20:26 | Report Abuse

thanks Johnny :D

ahlek888

163 posts

Posted by ahlek888 > 2014-05-14 22:09 | Report Abuse

almost turn bearish today... very volatile

nicermannson

1,094 posts

Posted by nicermannson > 2014-05-14 22:15 | Report Abuse

Up 5 days and so must take rest to continue

shareguru

102 posts

Posted by shareguru > 2014-05-15 19:08 | Report Abuse

Any fundamental in this counter? why looks like someone accumulating

ahlek888

163 posts

Posted by ahlek888 > 2014-05-15 21:40 | Report Abuse

foreign fund still buying?

Chris Sy

3,117 posts

Posted by Chris Sy > 2014-05-17 10:03 | Report Abuse

Fair price still worth 1.76 :)

ahlek888

163 posts

Posted by ahlek888 > 2014-05-18 18:17 | Report Abuse

@Chris Sy fair price valuation is based on?

Ragha168

287 posts

Posted by Ragha168 > 2014-05-21 17:13 | Report Abuse

any comment on this stock

JENNY6088

611 posts

Posted by JENNY6088 > 2014-05-21 18:42 | Report Abuse

kikiki

redwed

335 posts

Posted by redwed > 2014-05-22 08:50 | Report Abuse

Accumulating?

tomjohor

164 posts

Posted by tomjohor > 2014-05-22 20:41 | Report Abuse

Changes in Sub. S-hldr's Int. (29B)
SCGM BHD

Particulars of substantial Securities Holder
Name DATO' SRI LEE HOCK SENG
Address MLO 5278, Kelapa Sawit
Kulai 81030 Johor.
NRIC/Passport No/Company No. 501002-71-5129
Nationality/Country of incorporation Malaysian
Descriptions (Class & nominal value) Ordinary shares of RM0.50 each
Name & address of registered holder LEE HOCK SENG
MLO 5278, Kelapa Sawit
Kulai 81030 Johor.
Details of changesCurrency: Malaysian Ringgit (MYR)
Type of transaction Date of change
No of securities
Price Transacted (RM)
Acquired 21/05/2014
40,000
1.681

Circumstances by reason of which change has occurred Acquisition of shares via open market
Nature of interest Direct
Direct (units) 8,393,141
Direct (%) 10.49
Indirect/deemed interest (units) 21,500,000
Indirect/deemed interest (%) 26.87
Total no of securities after change 29,893,141
Date of notice 22/05/2014

johnny cash

6,400 posts

Posted by johnny cash > 2014-05-27 09:44 | Report Abuse

SCGM (SCGM MK)
Take Profit. Potential downside of -15.4%
Last price : RM1.65
Target Price : RM1.53, RM1.43
Resistance : RM1.72
Stop-loss: RM1.75
SELL with a target price of RM1.43 with stop
loss placed above RM1.75. We issued three
BUY calls on 31 Mar, 30 Apr and 9 May 14 at
the price of RM1.12, RM1.45 and RM1.54
respectively. Following the current run-up, we
opine that SCGM is losing its momentum given
the dwindling trading volume in the past 10
days on the back of smaller price action which
indicates a lack of strength in the background.
Given the stochastic has formed a bearish
crossover, suggesting growing selling
pressure, we expect the share price to retrace
lower and towards the 61.8% Fibonacci
retracement level of RM1.43 over the near
term. Taking profit at the current level will yield
51.8%, 17.2% and 10.4% returns on our
previous call.

trustme932

4,864 posts

Posted by trustme932 > 2014-05-28 13:35 | Report Abuse

I m waiting to accumulate at 1.60 ard.From my count it shud not close below 1.58.good luck.

unemployed

147 posts

Posted by unemployed > 2014-06-04 10:46 | Report Abuse

My opinion.
Company with good fundamentals. Run up in price justified.
However, at this point I think we're near a temporary top (current price RM1.78). I think we'll see a retracement. Long-term, I see price moving higher.

oon168

204 posts

Posted by oon168 > 2014-06-04 13:57 | Report Abuse

$2.00

Posted by wesley_yk2004 > 2014-06-04 17:10 | Report Abuse

> 2.00 easily

pang72

51,509 posts

Posted by pang72 > 2014-06-04 19:48 | Report Abuse

Recent ran up may HV something...not sure.. but keep going up

pang72

51,509 posts

Posted by pang72 > 2014-06-04 19:49 | Report Abuse

Is it bonus issues to enlarge the share base. ? Because they do not HV enough share to foreign investor

trustme932

4,864 posts

Posted by trustme932 > 2014-06-05 10:14 | Report Abuse

With the break of 1.76,1.86-88 shud be the next target area.good luck.

trustme932

4,864 posts

Posted by trustme932 > 2014-06-09 09:34 | Report Abuse

based on my chart analysis,it shudnt pass 2.10 over the near term.

how12345

39 posts

Posted by how12345 > 2014-06-09 14:00 | Report Abuse

How come this counter keep on raising?
There is no stopping sign.

speakup

27,014 posts

Posted by speakup > 2014-06-09 14:13 | Report Abuse

goreng

Stockman

684 posts

Posted by Stockman > 2014-06-09 14:17 | Report Abuse

It is inviting us to buy

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