SOUTHERN CABLE GROUP BERHAD
KLSE (MYR): SCGBHD (0225)
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Last Price
0.745
Today's Change
+0.055 (7.97%)
Day's Change
0.68 - 0.75
Trading Volume
16,842,400
Financial
Market Cap
599 Million
NOSH
804 Million
Latest Quarter
31-Mar-2024 [#1]
Announcement Date
28-May-2024
Next Quarter
30-Jun-2024
Est. Ann. Date
24-Aug-2024
Est. Ann. Due Date
29-Aug-2024
QoQ | YoY
13.26% | 173.79%
Revenue | NP to SH
1,124,174.000 | 38,370.000
RPS | P/RPS
139.75 Cent | 0.53
EPS | P/E | EY
4.77 Cent | 15.62 | 6.40%
DPS | DY | Payout %
0.75 Cent | 1.01% | 15.64%
NAPS | P/NAPS
0.41 | 1.83
QoQ | YoY
30.35% | 124.73%
NP Margin | ROE
3.41% | 11.70%
F.Y. | Ann. Date
31-Mar-2024 | 28-May-2024
Latest Audited Result
31-Dec-2023
Announcement Date
30-Apr-2024
Next Audited Result
31-Dec-2024
Est. Ann. Date
30-Apr-2025
Est. Ann. Due Date
29-Jun-2025
Revenue | NP to SH
1,053,081.000 | 29,437.000
RPS | P/RPS
130.91 Cent | 0.57
EPS | P/E | EY
3.66 Cent | 20.36 | 4.91%
DPS | DY | Payout %
0.75 Cent | 1.01% | 20.38%
NAPS | P/NAPS
0.39 | 1.92
YoY
102.39%
NP Margin | ROE
2.80% | 9.43%
F.Y. | Ann. Date
31-Dec-2023 | 27-Feb-2024
Revenue | NP to SH
1,248,108.000 | 56,292.000
RPS | P/RPS
155.15 Cent | 0.48
EPS | P/E | EY
7.00 Cent | 10.65 | 9.39%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
91.23% | 173.79%
NP Margin | ROE
4.51% | 17.16%
F.Y. | Ann. Date
31-Mar-2024 | 28-May-2024
Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.
Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
| Date | Financial Result | Financial Ratio | Per Share Item | Performance | Valuation (End of Quarter) | Valuation (Ann. Date) | |||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| F.Y. | Ann. Date | Quarter | # | Revenue | PBT | NP | NP to SH | Div | Net Worth | Div Payout % | NP Margin | ROE | NOSH | RPS | Adj. RPS | EPS | Adj. EPS | DPS | Adj. DPS | NAPS | Adj. NAPS | QoQ | YoY | EOQ Date | EOQ Price | EOQ P/RPS | EOQ P/EPS | EOQ P/NAPS | EOQ EY | EOQ DY | ANN Date | ANN Price | ANN P/RPS | ANN P/EPS | ANN P/NAPS | ANN EY | ANN DY |
PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.
NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.
Div Payout %, NP Margin, ROE, DY, QoQ ⃤ & YoY ⃤ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.
All figures in '000 unless specified.
Discussions
4 people like this. Showing 50 of 1,166 comments
Curious to know which is the better play : southern cable or MTEC if anyone has inputs
1 month ago
cleared & took profit @ 0.56
conserve cash for the coming better bargains
1 month ago
KOTA KINABALU, April 17 — Private businesses in Sabah’s industrial parks will be able to set up their own power generation facilities, said Sabah Chief Minister Datuk Seri Hajiji Noor. The Cabinet has agreed to give special permission to investors operating in industrial parks in the state to set up power generation facilities. The Cabinet has also decided to allow shophouses, buildings and residential premises to install solar power systems without seeking approval from Sabah Electricity Sdn Bhd (SESB).
1 month ago
Have been saying scgbhd's cables are in demand....am waiting for it to go higher
3 weeks ago
1, revenue to US was 14 million in year 2023 and going to expand further this year
2. Obtained more than 100 million of cables orders. Demand will continue to grow with the setup of many data centre in Malaysia.
3. Registered vendor to TM, Tenaga, Sabah and Sarawak Electricity and Petronas
4. Achieved 1 billion revenue last year
5. Increase in production capacity by 21% from 33,'780km to 40,780km
6. Two new buildings under construction
7. Certified supplier of aluminium buildings cables and wire to the US.
3 weeks ago
Followers of SCGB may be interested in this :
https://www.tnb.com.my/assets/newsclip/04052024e.pdf
2 weeks ago
SCGB is one of 3 approved high voltage cable supplier to TNB. Mtec is not part of this oligopoly. SCGB quarterly sales already more than Mtec sales for the entire year.
2 weeks ago
Mtec market value rm1.4b
Scgb rm500m, sales 4x Mtec
The valuations are reversed. LOL
2 weeks ago
scgb is super undervalue as per now condition. Starting this year there will be a lot of new projects to upgrade due to more data centre and more factories coming. lets see if it will reach more than Rm1 soon
1 week ago
I have held this stock so long, even have some lots bought at 0.295sen. Reaping the benefits of long term patient fundamental investing now :-)
1 week ago
Q1 results net RM14.1m, record high and growing. At this rate, price will double within 12 months with market value RM1 billion
4 days ago
c*cksh*t insiders buying at 4.40pm onwards until closing. Bursa should investigate
4 days ago
Uptrend chart pattern intact with price above SMA20, SMA 50 and SMA200. SMA is Simple Moving Average.
3 days ago
A high growth stock in an oligopolistic industry and with a virtually untapped export market, trading at below 10X PER. This stock is going to fly.
3 days ago
Still undervalued and underrated. Should be worth above 0.90 with such consistent growth..
1 day ago
SCGB has more debt than cash! It is not net cash company! Further more, the raw material getting more expensive which will erode the core profit of this company! Please take note!
1 day ago
> SCGB has more debt than cash! It is not net cash company! Further more, the raw material getting more expensive which will erode the core profit of this company! Please take note!
Only reason they have more debt than cash right now is because they spent a load of cash and took more loans increasing their output capacity. Should be no issue for them to be able to return to be net cash +ve
1 day ago
Article from enanyang published on 31/05/24 which I have Google Translated below.
Not sure if this caused the surge in volume and spike in share price....
Recently, many data center concept stocks such as CloudPoint Technology (CLOUDPT), YTL Power (YTLPOWR), MN Holdings (MNHLDG), etc., have taken advantage of the hot data center and their share prices have seen a wave of increases.
Among the many companies, there is one data center concept stock that cannot be ignored, that is Southern Cable (SCGBHD).
Background and Business
Southern Cable is a cable company located in Kedah. Since its establishment in 1993, it has accumulated more than 30 years of experience in the wire and cable industry.
The company's business is mainly engaged in the manufacture and sale of various wires and cables, including power cables, communication cables and instrument cables.
The power cable is mainly used to transmit electrical energy, while the communication cable is used to transmit data.
Finally, instrumentation cables are suitable for measuring and monitoring in automated industrial processes.
Performance Analysis
The latest financial report shows that the company's revenue and profit both hit record highs. Revenue reached RM300 million, a 12% increase from the previous month, while profit increased from RM6.5 million to RM12.4 million, a 91% increase from the previous month. The increase in performance was mainly due to the increase in sales of their products and good financial management.
What is the connection between data centers and Southern Cable?
Data centers consume a lot of electricity to run, and the transmission of this electricity requires a lot of wires and cables. In other words, as the number of data centers increases, the demand for wires and cables will also increase significantly, which means that Southern Cable, which specializes in manufacturing cables, will naturally benefit from it.
Southern Cable SGDBHD
(From Southern Cable Facebook)
Why should we pay attention?
The primary reason is the topic that everyone is talking about in the recent market, which is that Microsoft announced that it will invest up to RM10 billion in Malaysia to support the development of technologies such as artificial intelligence and cloud systems.
This means that the demand for data centers will increase significantly, because data centers are like the brain of the Internet, which specializes in providing powerful computing power and massive data storage, which are also the necessary resources for the operation of artificial intelligence and cloud systems. Therefore, Southern Cable, as a cable supplier, will directly benefit from it.
Secondly, the country’s Net Energy Plan (NETR) will also open up a larger market for Southern Cable. This is because under the NETR plan, the country will focus on investing in renewable energy, such as solar photovoltaic projects, which require a large number of cables to connect solar panels and transmit electricity.
Precautions
However, Southern Cable faces the risk of raw material price fluctuations. Since copper and aluminum are the main raw materials for cables, their prices will also be affected by global market and exchange rate fluctuations. In addition, the company's current financial position shows that cash is RM96 million and total borrowings are RM196 million, with a net debt status, which may affect future investment and development plans.
A bright future
In summary, Southern Cable has a bright future, especially with the demand growth driven by Microsoft and the national new energy policy. Therefore, they are also sought after by investors, and the stock price is also showing an upward trend and standing above the 20-day moving average (EMA 20).
11 hours ago
The latest results showed the net debt at RM82.794m. Copper, aluminum prices factored in contracts with main customers.
8 hours ago
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RHB Investment Bank Research said with an unyielding need for power and cables, SCGBHD has emerged as a thriving player in this evergreen market, poised for continuous expansion. It said Malaysia's ambitious goal of achieving net zero emissions by 2050 — including higher uptake of renewable energy (RE) sources and the enhancing of the country’s grid — is expected to be a catalyst for the group’s earnings growth. SCG’s orderbook from TNB alone worth more than RM1 billion, provides earnings visibility for the next three years.
1 month ago