1-2 years doesnt matter, just need patient. dont keep look at it everyday for the price movement .. can you find a stock that nvr beyond its IPO price after few years run, i believe majority can beyond from its IPO at least 50% just the matter of time..
I think weak performance due to non shariah compliant... Institutional funds cant drive demand.. Is the company in process of getting shariah compliant?
You see econframe, shariah compliant and did very well on ipo.. They making door.. And only have 2pc of market share kakakaka.. Unless is very special door to heaven?
Moving forward, SCGBHD will continue to strengthen its core competency in the manufacture of cables and wires, and plastic compounds by expanding both production facilities and product range for cable and wire production as well as plastic compounding operation. We derive a fair value of RM0.45 based on an 11x PE multiple to its FY2021F EPS of 4.1 sen. The IPO is expected to raise approximately RM71.2m from the issuance of 209.3m new shares. Besides utilising 42.2% of the proceeds for capital expenditure and expansion, 38.6% of the proceeds are allocated as working capital.
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....
shine7
214 posts
Posted by shine7 > 2020-10-21 16:13 | Report Abuse
https://research.rhbtradesmart.com/view-file/hash/33160339540433805f7a3aa34d29d?NO_CACHE=b3def34eac770138f7dfafc55d0f0bfe
Use ctrl+f to find, "SCG intends to set a dividend policy of at least 15% of group PAT going forward."
No comment on ur style of playin shares, but 15% is written on report, i dun simply blow water. Winners come with facts, not luck. current TA is too short for me to analyse, but soon, will find a support to rebound.