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KLSE: SCOMNET       SUPERCOMNET TECHNOLOGIES BHD
Last Price Avg Target Price   Upside/Downside Price Call
1.27 1.69     +0.42 (33.07%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
05/03/2024 1.24 1.46 +0.22 (17.74%) BUY TA Price Target News
29/02/2024 1.27 1.46 +0.19 (14.96%) BUY TA Price Target News
29/02/2024 1.27 1.50 +0.23 (18.11%) BUY MalaccaSecurities Price Target News
07/12/2023 1.26 1.46 +0.20 (15.87%) BUY TA Price Target News
23/11/2023 1.33 1.85 +0.52 (39.10%) BUY TA Price Target News
23/11/2023 1.31 1.50 +0.19 (14.50%) BUY MalaccaSecurities Price Target News
23/08/2023 1.36 1.85 +0.49 (36.03%) BUY TA Price Target News
23/08/2023 1.36 1.90 +0.54 (39.71%) BUY MalaccaSecurities Price Target News
18/07/2023 1.35 1.85 +0.50 (37.04%) BUY TA Price Target News
16/06/2023 1.29 1.85 +0.56 (43.41%) BUY TA Price Target News
06/06/2023 1.24 1.90 +0.66 (53.23%) BUY MalaccaSecurities Price Target News
30/05/2023 1.28 1.85 +0.57 (44.53%) BUY TA Price Target News
30/05/2023 1.31 1.74 +0.43 (32.82%) BUY MalaccaSecurities Price Target News


Price Target Research Article/News (past 6 months)
05/03/2024  TA Supercomnet Technologies Berhad - Growth Trajectory Intact
29/02/2024  TA Supercomnet Technologies Berhad - Recovery Intact
29/02/2024  MalaccaSecurities Supercomnet Technologies Bhd - Within Expectations for FY23
07/12/2023  TA Supercomnet Technologies Berhad - Minor Hiccups
23/11/2023  TA Supercomnet Technologies Berhad - Lower Than Expected Sales
23/11/2023  MalaccaSecurities Supercomnet Technologies Bhd - Below Expectations
23/08/2023  TA Supercomnet Technologies Berhad - A Satisfactory 2Q23 Performance
23/08/2023  MalaccaSecurities Supercomnet Technologies Bhd - Towards better 2H23
18/07/2023  TA Supercomnet Technologies Berhad - A Visit to the Medical and Automotive Plants
16/06/2023  TA Supercomnet Technologies Berhad - 2023-24 Growth Intact
06/06/2023  MalaccaSecurities Supercomnet Technologies Bhd-Growth momentum resuming in 2H23
30/05/2023  TA Supercomnet Technologies Berhad - 1Q23 Within Expectations
30/05/2023  MalaccaSecurities Supercomnet Technologies Bhd - Slow start in 2023



  7 people like this.
 
NeverLie scomnet dont just do medic but auto for stellantis as well
07/11/2023 12:45 PM
catalan @ fruitcake , I hope you are right. Maybe scomnet need some bashing from you just like CCK, then it will go up.
09/11/2023 10:06 AM
Nepo Scomnet definitely need you to fire his butt so that he can fly upp

Prospect remain good. Tempted to buy
Top up some today. This co gives you many info regarding his prospect. Normal person like me willing to trust this mgt. Hope you don't let me do down..
14/11/2023 10:54 AM
Cryptolover https://theedgemalaysia.com/node/689859
Stellantis got some problem
14/11/2023 5:07 PM
James_Bond Lousy QR! Short scomnet at all cost!
23/11/2023 1:07 PM
NeverLie The stock market is a device for transferring money from the impatient to the patient. Buy
23/11/2023 3:22 PM
Cookieyirl Just jump in 127 hope rebound soon
Soon turn to main board
24/11/2023 2:48 PM
MrFox fruitcake becomes mouldy?
24/11/2023 5:09 PM
Nepo https://www.youtube.com/watch?v=l5qR9CKtLwg&t=28s
再谈制造业转型!全球第4大汽车集团打算将马来西亚变成电动车生产区域枢纽?
25/11/2023 9:06 AM
Nepo this QR result underperformed..
i think have to wait at least for another 6 months..
bad luck bought in this garbage..😥
mgt trustwortiness put into questionmark, where was the Sept 23 sales to Stellantis Group..

25/11/2023 9:08 AM
Nepo Meanwhile, the automotive segment contribution is also expected to deliver improvement from supply of wire harnesses and fuel tanks for the Peugeot 5008, 3008 and 2008 models to Stellantis with deliveries expected from September 2023 onwards.

https://www.businesstoday.com.my/2023/08/23/supercomnet-expected-to-deliver-stronger-performance-despite-declining-demands/
25/11/2023 9:27 AM
Nepo Probably it is the last chance to buy in at RM 1.2x
Wish me good luck..
25/11/2023 9:29 AM
NgWS90 Heard that Mermaid case had reached final stage and it's going to resolve next year
08/12/2023 3:51 PM
NgWS90 still have chance to buy in at RM1.2x apparently ...
12/12/2023 4:27 PM
Nepo omg got slaughtered..
21/12/2023 10:33 AM
Nepo Pp said you mention too many fake news, one day pp will realise and not going to believe you anymore. This is what scomnet mgt gives impression to public..
22/12/2023 5:29 AM
Jerry87 All products were delayed proves that this company's R&D and mgt skills are too weak to make correct forecast.
24/12/2023 6:48 PM
jekati3033 Thorough research is crucial for informed decisions regarding Scomnet's market outlook.
25/12/2023 6:33 AM
Crrypo probably will only come back in 2nd half this year
04/01/2024 4:36 PM
FannyYoong after QR results ,directors sold 1.28 and then company bought back 1.21 ...... That's so weird.
10/01/2024 11:42 AM
Xcalibre It’s getting attractive… silly to run… it’s time to collect…

Stellantis is evaluating Gurun’s potential to be a regional hub for battery-electric vehicles (BEVs) for domestic and export markets. In essence, analyst believe the expansion of Stellantis in ASEAN (via Gurun, Kedah) will bode well for Scomnet.

In addition, Scomnet has been approached by a European automotive player to produce wire harness for Chrysler models in the US market.
12/01/2024 9:24 AM
t_nike2002 Good prospect especially in medical and automotive sector.
Price is holding up and good upside moving forward
12/01/2024 11:43 AM
INVEST_AA Fruitcake with no substance statement
15/01/2024 3:44 PM
Jerry87 Can you count on future projects when known products are already hopeless?
16/01/2024 10:07 AM
Xcalibre Automotive to Fully Recover by 2Q24
Management shared that 4Q23 automotive contribution would remain flat QoQ but full recovery is expected to happen by either 1Q24 or 2Q24. We understand that Scomnet’s customer, Stellantis is evaluating Gurun’s potential to be a regional hub for battery-electric vehicles (BEVs) for domestic and export markets. In essence, we believe the expansion of Stellantis in ASEAN (via Gurun, Kedah) will bode well for Scomnet.

In addition, Scomnet has been approached by a European automotive player to produce wire harness for Chrysler models in the US market. If successful, the first project is expected to begin in March or April 2024 and contribute around RM10-15mn sales per annum.
17/01/2024 2:40 PM
Xcalibre Medical Segment Sets to Grow Further
Moving into 4Q23, the group is confident that the medical segment contribution will increase by 15-20% QoQ driven by higher sales to Edward (40% of 3Q23 revenue) and recovery in orders from Ambu (29% of 3Q23 revenue). We note that Supercomnet has been chosen by Edwards Lifesciences (market cap of above USD50bn) as the best quality supplier (more than 700 suppliers) and achieved gold status in 2023. Edward will be using more digital smart cable (from analog cable) for its products such as its inbuilt PCB Board somewhere in the middle of 2024. For Ambu, the growth will come from endoscopes, gastroscopes and colonoscope (US FDA approved in Sep-23).
17/01/2024 2:40 PM
Xcalibre Full of potential..and lots of upsides
17/01/2024 2:40 PM
Xcalibre Investors are smart enough to know who’s the tin kosong (ie fruitcake) who just know how to make noise and post statements with NO substance…
17/01/2024 7:36 PM
fruitcake ok sorry. i delete all. good luck & all the best
17/01/2024 8:20 PM
fruitcake @xcalibre, is the price gone beyond sight?
22/01/2024 9:39 AM
catalan 1 day down 3 cents, next day up 3 cents.
24/01/2024 5:33 PM
TrendSculptor wow, wat happened? Why the directors disposed the shares continuously?
08/02/2024 10:00 AM
Michael Kwok Buy call scomnet 1.30
Tp 1.80 range.
Is it real.will say yes.ini kali lah.
15/2/24 3.55pm
15/02/2024 3:55 PM
Michael Kwok Post removed. Why?
15/02/2024 3:58 PM
TrendSculptor Good Q4 result can be expected from Scomnet?
20/02/2024 3:46 PM
NgWS90 Probably as Ambu's order has been recovering since the third quarter of last year
26/02/2024 3:51 PM
fruitcake loose cannons...taiwanese???
01/03/2024 12:32 PM
NgWS90 Geopolitical risk is more likely ...
04/03/2024 3:13 PM
Xcalibre Price is rather high (PE 34x) while future upside is not that great..
Mermaid orders would be halted in April this year. Though it’s mentioned to be resumed by Sept when internal dispute is settled, there is uncertainty whether the dispute can be settled by then..

better wait for it the price to be cheaper first then only enter..
06/03/2024 10:07 AM
NgWS90 What's the fair price of Scomnet to you, Xcalibre? 🙂🙂
07/03/2024 11:40 AM
c328 Be cautious of this company.
Between August 2020 and March 2024,
they have continually added 170,117,400 shares through additional listings, which dilutes shareholder benefits. This trend of adding approximately 3,956,218 shares per month continues.

The management of this listed company is not sincere in fostering business growth;
instead, they manipulate share units for their own benefit.
07/03/2024 7:35 PM
jackyjay c328 ,
the Company issued FREE warrant of 1:3 to all existing shareholders on 2019, then they are eligible to convert warrant at RM0.65 per share (which the price are similar at the mother share price at 2019). So the convertion is a REWARD to shareholders who hold long term.
08/03/2024 8:14 AM
NgWS90 I guess c328 missed out the bonus issue and became upset. ha
08/03/2024 6:26 PM
c328 ha.. lets the market take time to digest all the dilution impact and production line impact first.
08/03/2024 11:36 PM
NgWS90 Analysis of Scomnet from TA research. Quite good
https://www.thestar.com.my/business/business-news/2024/03/06/medical-segment-to-drive-supercomnet-earnings
12/03/2024 9:44 AM
NgWS90 Directors bought back the shares. Got good news ?
14/03/2024 4:17 PM
c328 boss always bought shares around +/- 1.20, boss knows how to earn money.

18/03/2024 11:56 AM
NgWS90 Because boss also knows his own business very well 😁
20/03/2024 10:29 AM
NgWS90 Scomnet is waking up and moving up
03/04/2024 5:31 PM
NgWS90 EPF starts to collect Scomnet. It's a hint 😉
18/04/2024 7:30 AM

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