SCEM (Sinai Cement): The Superior Sleeper

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SCEM (Sinai Cement): The Superior Sleeper Sinai Cement Co.EGX_DLY:SCEMmnmabroukw36ixSCEM (Sinai Cement): The Superior Sleeper ๐Ÿ—๏ธ๐Ÿ’Ž The Balance Sheet Power: "Clean Slate" here. The sale of the 25.4% stake in Sinai White Portland Cement for roughly โ‚ฌ30M (~EGP 1.5B+) transformed SCEM's financials. This massive cash injection, combined with an incredibly low debt-to-equity ratio, makes it one of the most structurally sound industrial players on the EGX. ๐Ÿฆ๐Ÿงผ The Turnaround: This isn't just about cash; it's about performance. Annual revenue now exceeds EGP 9.0B, and 9M-2025 net profit reached EGP 1.53B, proving the company has moved past its era of chronic losses. ๐Ÿ“ˆ๐Ÿ”ฅ The Technical Roadmap: The Correction: The stock is currently in a "healthy" deep correction. Support Level (200MA @ 56.17): This is your primary floor. As long as the price stays above the 200-day Moving Average, the long-term bullish thesis remains intact. ๐Ÿฉนโšช The Gatekeeper (63.10): This is the heavy resistance level. A high-volume daily close above 63.10 is the "Go Signal" that ends the correction. ๐Ÿงฑ๐Ÿš€ The Target: Once 63.10 is cleared, the path to the 75.00 ATH and its fundamental fair value becomes a clear highway. ๐ŸŽฏ๐Ÿ Sharia Confirmation: โœ… Status: Confirmed Compliant. Verdict: A Fundamental Diamond. SCEM is a high-quality machine simply waiting for the technicals to catch up to its massive cash pile. Watch the 56.17 floor closely; if it holds, the setup for a run to 75.00 is prime. ๐Ÿ›ก๏ธ๐Ÿ’Ž If you like my posts, please follow and boost ๐Ÿ™Œ ๐ŸŽ Get a $15 discount on your next subscription: ๐Ÿ”— https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix โœจ๐Ÿ’ธ