Agree with the frustrations on the MTec/SCGB comparison.
From the MTec quarterly figures, they do appear to have higher net margins on their products of about 7.5% to 8.% vs SCGB's 3% to 4%. Probably more specialized products compared to basic power cables
Looking at the Annual Report for MTec, you will notice the Top 30 control over 93% of the shares. The definition of a cornered stock? You decide...
Plus, judging by the names on the Top 30, there are some which are well known....Tau sama tau
The US market should provide SCGB with higher margin/more specialized products. The newly acquired factory and construction of 2 new ones will reward your patience.
Please be informed I m going to sell all my SCGB today as copper and aluminum price getting more expensive which in turn will erode profit margin of SCGB! With the old cheap copper and aluminum price, profit margin of SCGB only 3.4%! Thanks!
Let’s the late comer, bro Pang, enjoying the bones and skeletons… we gonna get many days of abalones, lobsters, shark fins soups for dinner… bye Bro Pang…
Let’s the late comer, bro Pang, enjoying the bones and skeletons… we gonna get many days of abalones, lobsters, shark fins soups for dinner… bye Bro Pang…
6 days ago
THANKS BRO... I USE TO LIKE TO DRINK KAMBING BONE SOUP... SEDAP...
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....
T1T4N
270 posts
Posted by T1T4N > 2024-06-08 23:39 | Report Abuse
FACT and MATHS NUMBERS
MASTERTEC PE is at 72x
SCG PE is only at 17x