SUPREME CONSOLIDATED RESOURCES BERHAD

KLSE (MYR): SUPREME (03018)

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Last Price

0.205

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Overview

Market Cap

74 Million

NOSH

360 Million

Avg Volume (4 weeks)

0

4 Weeks Range

0.00 - 0.00

4 Weeks Price Volatility (%)

0.00%

52 Weeks Range

0.00 - 0.00

52 Weeks Price Volatility (%)

0.00%

Previous Close

0.205

Open

0.00

Bid

0.205 x 10,000

Ask

0.00 x 0

Day's Range

0.00 - 0.00

Trading Volume

0

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2024 [#4] | 21-Nov-2024

Next QR | Est. Ann. Date

31-Dec-2024 | 21-Feb-2025

T4Q P/E | EY

4.56 | 21.92%

T4Q DY | Payout %

9.22% | 42.06%

T4Q NAPS | P/NAPS

0.26 | 0.79

T4Q NP Margin | ROE

4.42% | 17.28%

Company Profile

Sector: CONSUMER PRODUCTS & SERVICES

Sector: CONSUMER PRODUCTS & SERVICES

Subsector: CONSUMER SERVICES

Subsector: CONSUMER SERVICES

Description:

Supreme Consolidated Resources Berhad is a Malaysia-based investment holding company. The Company is engaged in trading and distribution of fast-moving consumer goods (FMCG) products, such as frozen, chilled, dairy and dry food products. The Company's subsidiaries are principally involved in the distribution and warehousing of third-party brands, as well as its own SUPREME branded products ranging from frozen meat, including beef, lamb, mutton, poultry and seafood, chilled food, dairy products and dry food and beverage (F&B) Products. It is also involved in the provision of transportation services. The Company operates through its subsidiaries. Its subsidiaries, Supreme Cold Storage Sdn. Bhd., Supreme Food Supply (M) Sdn. Bhd. and Borneo Food Land Coldstorage Sdn. Bhd. are involved in trading of food and beverages products. Its subsidiaries, Supreme Transportation Sdn. Bhd. and Supreme Dairy Ventures Sdn. Bhd. are involved in logistics and transportation of goods.

Discussions
1 person likes this. Showing 9 of 9 comments

icezai96

hi

2019-06-23 11:11

Louis Wong

what's going on with this stock? why not running? can i buy now?

2019-07-17 15:25

benztan99

yes if u got money

2021-01-24 07:23

wifoti8067

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2023-11-21 15:39

DreamKaiser

Supreme Consolidated sets IPO price at 25 sen, applications to close on Nov 15
Myia S Nair/theedgemalaysia.com
28 Oct 2024, 12:32 pm

https://theedgemalaysia.com/node/731816

3 weeks ago

Keqing Tan

@Louis Wong this is IPO u can buy now for IPO and wait for ballot if not can wait when listing which is on 29november

2 weeks ago

bellyjane

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1 week ago

JupiterMeow

Supreme Consolidated Resources Bhd (SCRB), formerly known as Qilin Integrated Resources Bhd, is a Sarawak-based distributor of fast-moving consumer goods (FMCG), including frozen and chilled food products, ambient food and beverages, and non-food items. The company is transitioning from the LEAP Market to the ACE Market of Bursa Malaysia, with its initial public offering (IPO) application closing on November 15, 2024.

Performance on the LEAP Market:
While detailed financial performance data during its tenure on the LEAP Market is limited, SCRB has demonstrated growth in its distribution network and product offerings. The move to the ACE Market is intended to enhance liquidity and provide access to a broader investor base.

IPO Details:
The IPO is priced at RM0.25 per share, aiming to raise approximately RM17.5 million. The proceeds are allocated as follows:

62.86% (RM11 million): Expansion of warehouse facilities to increase storage capacity by over 1,500 pallets, supporting product line growth.

22.86% (RM4 million): Working capital to support daily operations and business expansion.

Remaining funds: Covering listing-related expenses.

Analyst Insights:
Analysts have expressed optimism about SCRB's growth prospects, citing the company's plans to widen distribution channels into Sabah, expand warehouse facilities, and capitalize on a positive industry outlook in Sarawak. A fair value of RM0.40 per share has been suggested, indicating a potential 60% upside from the IPO price.

Considerations for Potential Investors:
Growth Potential: SCRB's strategic initiatives, including warehouse expansion and market penetration into Sabah, position the company for potential growth.

Industry Position: As a key distributor in the Sarawak and Sabah regions, SCRB benefits from established relationships and market knowledge.

Market Conditions: The FMCG sector's performance and broader economic factors can influence SCRB's success.

Financial Health:

Fundamentals
1. Market & Pricing: Listed on the ACE Market at RM0.25, SCRB’s stock offers an accessible entry point for investors interested in mid-sized growth potential.

2. Profitability Ratios:
P/E Ratio: With a forecasted P/E of 11.9, the valuation appears fair, suggesting a reasonable entry price for expected earnings.
ROE: The company’s ROE has improved slightly, projecting 10.3% post-IPO, indicating effective use of reinvested capital.


3. Assets and Debt:
Debt: A total debt-to-current asset ratio of 0.478 shows that current assets can comfortably cover debt, indicating prudent financial management.
Net Asset: Though net assets are nil, the current and non-current assets provide stability.

4. Dividend Policy: Without a formal dividend policy, SCRB is focused on growth, making returns likely through stock appreciation.

5. Shariah Status: As Shariah-compliant, SCRB is accessible to a broader, Islamic-compliant investor base.

Past Financial Performance
1. Revenue Growth: SCRB’s revenue has increased from RM187.5 million in 2021 to RM199.6 million in 2023, with RM132.7 million achieved in the first seven months of 2024, indicating ongoing demand.

2. Profit Margins:
PAT: PAT has ranged from 3.89% to 4.74%, reflecting a stable but modest profit margin typical in FMCG distribution.

3. EPS: EPS has grown steadily, enhancing shareholder value.

Summary
SCRB’s growth potential, steady revenue, and manageable debt position make it an appealing option for those prioritizing capital growth. With returns expected through stock appreciation, SCRB offers a stable yet growth-oriented investment case.

Conclusion:
I would invest in the company as investing in SCRB's IPO presents an opportunity to participate in the company's growth trajectory within the Malaysian FMCG distribution sector. The planned use of IPO proceeds for capacity expansion and working capital suggests a focus on scaling operations. However, as with any investment, it is crucial each individual to their own assessment thorough due diligence, considering both the company's fundamentals and prevailing market conditions, to make their own decision.

6 days ago

DreamKaiser

Supreme Consolidated IPO oversubscribed by 349 times
Tuesday, November 19th, 2024

https://themalaysianreserve.com/2024/11/19/supreme-consolidated-ipo-oversubscribed-by-349-times/

1 day ago

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