SCGBHD - Looking for bullish continuation The price is trading above the Kumo, indicating a bullish bias.
Chikou Span is approaching price candles, and a bullish confirmation will occur if it crosses above them.
If Golden cross occur, Tenkan-sen (red) crosses above Kijun-sen (blue) confirming a bullish continuation.
The price has reached 1.
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0.09 MYR
72.32 M MYR
1.35 B MYR
547.28 M
About SOUTHERN CABLE GROUP BERHAD
Sector
Industry
CEO
Eng Hai Tung
Website
Headquarters
Kuala Ketil
Founded
1993
ISIN
MYQ0225OO001
FIGI
BBG00XP689J8
Southern Cable Group Bhd. is an investment holding company, which engages in the manufacture of cables and wires. It operates through the following segments: Power Cables and Wires, Communications Cables and Wires, Control and Instrumentation Cables and Wires, and Related Products and Services. The Power Cables and Wires segment offers electrical systems for the distribution of power. The Communications Cables and Wires segment provides products that transmit data including text, sound and images by using electrical current of various frequencies. The Control and Instrumentation Cables and Wires segment comprises cables and wires that transmit electrical signals and data to measure, monitor, control and regulate industrial process automation plants. The Related Products and Services segment includes production of copper and aluminiums rod, plastic compound, wooden cable drum. The company was founded on June 30, 1993 and is headquartered in Kuala Ketil, Malaysia.
THIS FORECAST FOR SCGBHD COUNTERThis WEEK FORECAST
Opportunity for SCGBHD. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
SCGBHD enters phase 5 Shark IndicatorLooking at the chart for Southern Cable Group Berhad, here's my analysis:
Current Price Action:
- Trading at RM1.24, up 5.98%
- Strong uptrend in place since October 2023
- Price is currently above all major moving averages, indicating bullish momentum
Technical Structure:
1. Moving Averages:
- Pr
SOUTHERN CABLE GROUP BERHAD
The price is currently touching the middle band (20-day moving average) of the Bollinger Bands.
The upper band (resistance) around MYR0.92–MYR0.93 seems far from the current price, implying there is some room for upward movement.
The lower band around MYR0.75 acted as support during the previous
SCGBHDAlgo TradingSystem by Remisier CheDin
The current market conditions, as identified by my algorithmic system, indicate potential upward signals. These signals include increased trading volume, an upward trend with prices above the EMA20 and EMA50. Consequently, the present conditions suggest a possi
SCGB, Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a poten
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of SCGBHD is 1.04 MYR — it has increased by 1.96% in the past 24 hours. Watch SOUTHERN CABLE GROUP BERHAD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MYX exchange SOUTHERN CABLE GROUP BERHAD stocks are traded under the ticker SCGBHD.
SCGBHD stock has risen by 7.77% compared to the previous week, the month change is a −7.14% fall, over the last year SOUTHERN CABLE GROUP BERHAD has showed a 80.87% increase.
We've gathered analysts' opinions on SOUTHERN CABLE GROUP BERHAD future price: according to them, SCGBHD price has a max estimate of 1.71 MYR and a min estimate of 1.39 MYR. Watch SCGBHD chart and read a more detailed SOUTHERN CABLE GROUP BERHAD stock forecast: see what analysts think of SOUTHERN CABLE GROUP BERHAD and suggest that you do with its stocks.
SCGBHD reached its all-time high on Jan 7, 2025 with the price of 1.39 MYR, and its all-time low was 0.25 MYR and was reached on Oct 30, 2020. View more price dynamics on SCGBHD chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SCGBHD stock is 3.96% volatile and has beta coefficient of 1.71. Track SOUTHERN CABLE GROUP BERHAD stock price on the chart and check out the list of the most volatile stocks — is SOUTHERN CABLE GROUP BERHAD there?
Today SOUTHERN CABLE GROUP BERHAD has the market capitalization of 960.84 M, it has increased by 16.67% over the last week.
Yes, you can track SOUTHERN CABLE GROUP BERHAD financials in yearly and quarterly reports right on TradingView.
SOUTHERN CABLE GROUP BERHAD is going to release the next earnings report on May 21, 2025. Keep track of upcoming events with our Earnings Calendar.
SCGBHD net income for the last quarter is 25.24 M MYR, while the quarter before that showed 18.57 M MYR of net income which accounts for 35.89% change. Track more SOUTHERN CABLE GROUP BERHAD financial stats to get the full picture.
SOUTHERN CABLE GROUP BERHAD dividend yield was 1.29% in 2024, and payout ratio reached 18.45%. The year before the numbers were 1.79% and 20.38% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SOUTHERN CABLE GROUP BERHAD EBITDA is 107.12 M MYR, and current EBITDA margin is 7.95%. See more stats in SOUTHERN CABLE GROUP BERHAD financial statements.
Like other stocks, SCGBHD shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SOUTHERN CABLE GROUP BERHAD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SOUTHERN CABLE GROUP BERHAD technincal analysis shows the buy rating today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SOUTHERN CABLE GROUP BERHAD stock shows the buy signal. See more of SOUTHERN CABLE GROUP BERHAD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.