SOUTHERN CABLE GROUP BERHAD

KLSE (MYR): SCGBHD (0225)

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Last Price

0.97

Today's Change

+0.005 (0.52%)

Day's Change

0.955 - 0.975

Trading Volume

3,000,000


4 people like this.

1,349 comment(s). Last comment by faridfet 4 days ago

John1234

2,020 posts

Posted by John1234 > 2021-05-18 08:41 | Report Abuse

Yesterday, the Bursa market was in a sea of red, with more than 1,000 declining counters. Steel counters led the overall decline and this counter was not spared too. Let's see how this counter can perform under this depressed market condition.

Eric Fong

1,196 posts

Posted by Eric Fong > 2021-05-23 22:40 | Report Abuse

Shift to Main Board soon....

char1234

5,299 posts

Posted by char1234 > 2021-05-30 17:42 | Report Abuse

buy low and keep

Posted by SmallSexyPig > 2021-06-04 15:24 | Report Abuse

doubled my holding

Lun2508

73 posts

Posted by Lun2508 > 2021-06-04 17:04 | Report Abuse

increase 20% holding

char1234

5,299 posts

Posted by char1234 > 2021-06-07 22:55 | Report Abuse

wait for yr profit

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-06-09 16:05 | Report Abuse

Buy a share on their weakness, now commodities at high price, and yet the co still make make profit even tho is lesser , impossible when commodities back to the normal price and the profit is attractive only buy in , just like glove, everyone noe the asp is gonna up ,but we must think for future, do u think commodities will keep going up? I dont think so

char1234

5,299 posts

Posted by char1234 > 2021-06-13 07:53 | Report Abuse

target price 70 ct ...in main board .. good luck

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-06-14 18:47 | Report Abuse

Have top up a little, wait for it to be in main board

John1234

2,020 posts

Posted by John1234 > 2021-06-15 18:39 | Report Abuse

There's a pick up in its trading vol and its share price today. Hopefully, it has moved out of its recent consolidation phase.

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-06-16 15:34 | Report Abuse

Something mcm goreng

thesteward

6,782 posts

Posted by thesteward > 2021-06-17 07:45 | Report Abuse

Put in w/l believe can be transfereed to main board hopefully soon

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-06-17 12:47 | Report Abuse

Yea , just hold and wait, i think it at least worth more thn 60c

Buylow111

42 posts

Posted by Buylow111 > 2021-06-17 15:54 | Report Abuse

Scgbhd looks good even market sentiment bad. :)

Posted by Moneyfind44 > 2021-06-17 15:57 | Report Abuse

After 415pm,it with shoot up..this is my prediction

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-06-17 16:06 | Report Abuse

Hopefully cn break 0.5, thn slowly 0.56 & 0.60

Posted by Moneyfind44 > 2021-06-17 16:18 | Report Abuse

Today i saw 2,800,000 unit buy 1 shot at 0.5

Posted by Investor9212 > 2021-06-17 16:30 | Report Abuse

Could it be just one day show?

Posted by Moneyfind44 > 2021-06-17 16:37 | Report Abuse

Hahahaha.....
Dark horse ni....

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-06-17 16:39 | Report Abuse

Moneyfind wow really? 2,800,000 unit is quite big amount

John1234

2,020 posts

Posted by John1234 > 2021-06-20 17:00 | Report Abuse

Market is weak, but this counter has demonstrated resilience to buck the general trend, supported by 2 positive catalysts: impending transfer to main-board listing and a sudden drop of copper(raw material) prices, after Chinese crackdown on commodity prices in the past week.

Interesting to see how it fares in the coming weeks.

Posted by Serenevalley > 2021-06-21 11:24 | Report Abuse

Yez sir … on the roll

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-06-21 19:11 | Report Abuse

Good... Seem like 48 strong support , hope can slowly climbs up

Posted by Serenevalley > 2021-06-22 22:57 | Report Abuse

Managing director Tung Eng Hai (pic) also revealed that Southern Cable was in the process of expanding its production capacity to support its growth by building a new production facility adjacent to its existing facility in Kuala Ketil, Kedah.

KUALA LUMPUR: Cable and wire manufacturer Southern Cable Group Bhd has reaffirmed its aim for a transfer to the Main Market of Bursa Malaysia Securities Bhd by the fourth quarter of 2021.

In a statement, the company said it secured shareholders’ approval for the proposed amendments to the company’s constitution yesterday, paving the way for the transfer of its listing status subject to approvals from the Securities Commission and Bursa Securities.

Managing director Tung Eng Hai (pic) also revealed that Southern Cable was in the process of expanding its production capacity to support its growth by building a new production facility adjacent to its existing facility in Kuala Ketil, Kedah. — Bernama

Posted by Serenevalley > 2021-06-22 22:59 | Report Abuse

Friday June 11 News …. Nothing new guys

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-06-23 16:42 | Report Abuse

Why this anwar keep come out and do nothing good...

Eric Fong

1,196 posts

Posted by Eric Fong > 2021-06-23 18:13 | Report Abuse

Dividend ex date coming this Friday ya...

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-06-23 18:43 | Report Abuse

C after dividend ex date, any cheap ticket to top up or nt

yschin

34 posts

Posted by yschin > 2021-06-23 23:01 | Report Abuse

Nothing is impossible.. just wait and see..

Posted by damansaraeagle > 2021-06-24 14:19 | Report Abuse

Eng Hai Tung the MD October 2016 and also serves as an Executive Director since April 04, 2019 can be trusted.

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-06-24 14:41 | Report Abuse

Drop back to the original point, let's c will it break the previous support

Posted by damansaraeagle > 2021-06-24 15:53 | Report Abuse

well is already red alert for sell signal

char1234

5,299 posts

Posted by char1234 > 2021-07-08 22:37 | Report Abuse

weakened stock

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-07-09 15:40 | Report Abuse

No eyes c @@

TopEarn1

467 posts

Posted by TopEarn1 > 2021-07-13 09:59 | Report Abuse

Someone throw to collect cheap isit

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-07-13 10:19 | Report Abuse

Anyone still holding? Or im the one who continue holding only haha

John1234

2,020 posts

Posted by John1234 > 2021-07-13 17:50 | Report Abuse

I am still holding it. Waiting to average down my holding cost.

Market is bad currently due to a variety of negative factors such as political uncertainty, EMCO and higher Covid cases reported.

It is full of cheap bargains at Bursa these days. Be it steel, technology, glove, etc. Bargain hunters can take time to pick and choose what to buy for the next mkt upswing.

TopEarn1

467 posts

Posted by TopEarn1 > 2021-07-14 11:02 | Report Abuse

Weird why price drop. This company doesn't look bad.

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-07-14 11:07 | Report Abuse

Or is it this qr nt so good , so insider throwing? Ermmmm

John1234

2,020 posts

Posted by John1234 > 2021-07-14 13:33 | Report Abuse

Share price is, to a great extent, dictated by actions of the market operator. When market is bad, mkt operator is likely to bring the share price down to reflect that. So long as this is not accompanied by an abnormally large sell vol(by the insiders), it is viewed as a normal mkt response. When market condition improves, we can expect to see a rebound.
https://www.theedgemarkets.com/article/bursa-malaysia-sees-political-and-covid19-woes-creating-shortterm-volatility-stock-market

sakaikai

14 posts

Posted by sakaikai > 2021-07-14 15:07 | Report Abuse

waiting to collect cheaper hehe

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-07-14 15:10 | Report Abuse

Yea hope the price drop is due to the weak market

John1234

2,020 posts

Posted by John1234 > 2021-07-14 17:49 | Report Abuse

History has shown that any short-term major price correction is usually a good buying opportunity to sell on a rebound. Mkt usually rewards participants for bold (buy) actions taken during an abnormally depressed mkt condition.

To invest, we should monitor the daily trading vol, our political developments, on-going Covid cases and vaccination progress,

TopEarn1

467 posts

Posted by TopEarn1 > 2021-07-15 13:01 | Report Abuse

As long as it is a good company, stay invested and collect if its within your capacity. Else just leave it aside. Good company is value investing and you wont unlock your value so soon. It takes time.

John1234

2,020 posts

Posted by John1234 > 2021-07-17 07:32 | Report Abuse

I was waiting for the price to drop below 42.5 sen yesterday. It did not. Instead, it went up to close at 44.5 sen.

Catching a falling knife is always the greatest fear for some. But it can be an equally elusive experience to catch the bottom too.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-17 09:03 |

Post removed.Why?

Eunbyeok

22 posts

Posted by Eunbyeok > 2021-07-17 12:54 | Report Abuse

I waiting below 40c for safety measure , bt oso glad it did not came to that extreme

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-07-19 18:59 | Report Abuse

Such a good share but being throw so heavily

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