SCGM
- Current in uptrend phase (still valid uptrendline)
- In a positive sector which is in sector of Industrial Products and Services (Plastic & Packaging)
- Just break the previous resistance at 1.420 price. Current price at 1.430
- Next resistance at 1.490
Strength in the chart:
1. RG Tech
2. Orion
3. Reach
4. Ho Hup
5. MYEG
6. Green Packet
7. Kronologi
8. Opcom
9. Power Root
10. Nova
11. V.S
12. Pos
13. OCK
14. SCGM
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
SCGM's net profit rose 6 folds q-o-q on the back of a 16%-increase in revenue to RM56 million. When compared to same quarter last year, net profit dropped 81% while revenue rose 4%. Revenue increased q-o-q, mainly due to higher sales from local and overseas markets. PBT rose q-o-q in line with higher revenue achieved for the current quarter. PBT dropped y-o-y due...
