SCGM BHD

KLSE (MYR): SCGM (7247)

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Last Price

0.60

Today's Change

0.00 (0.00%)

Day's Change

0.60 - 0.60

Trading Volume

98,000


13 people like this.

2,854 comment(s). Last comment by Just88 1 day ago

csan

427 posts

Posted by csan > 2023-01-31 16:20 | Report Abuse

Q result? are you joking?

Just88

432 posts

Posted by Just88 > 2023-01-31 22:38 | Report Abuse

CFO resigned. Signal changes ahead ??

Posted by loyaltywong > 2023-02-02 11:44 | Report Abuse

wealthy99, be careful, i sold all this morning 800,000 shares

Hungerr

153 posts

Posted by Hungerr > 2023-02-02 12:43 | Report Abuse

Lol...lie also be smart la...volume only 38 k lot for now and u say u sell 80k lot.hahahahahaha

Just88

432 posts

Posted by Just88 > 2023-02-16 09:17 | Report Abuse

Massive share transfer from Lee family to new shareholders recently, event should be unfolding real soon.

Just88

432 posts

Posted by Just88 > 2023-02-16 23:23 | Report Abuse

Share transfers and currently taking place below 70 sen. Price won't stay here for long.

Just88

432 posts

Posted by Just88 > 2023-02-18 16:44 | Report Abuse

If a general offer is required, the price may shoot up as in the case of PEB. The price doubled.

Posted by Sivanesan Siva > 2023-02-18 23:14 | Report Abuse

i bought on 12/12/2022 10 lot
now keep or sell
i also confusing the price will up or not

Just88

432 posts

Posted by Just88 > 2023-02-20 09:10 | Report Abuse

Just wait for the announcement before making your decision to sell

Just88

432 posts

Posted by Just88 > 2023-03-08 19:01 | Report Abuse

I opine that the deal for injection of new businesses is irreversible as the acquirers have acquired a substantial amount of shares from the Lee families at RM0.65 which is above the NTA level. Aborting now will only inflict losses on the acquirer as the SCGM will be delisted without new business injection.

Just88

432 posts

Posted by Just88 > 2023-03-08 20:36 | Report Abuse

SCGM needs to acquire new businesses to stay listed.

Just88

432 posts

Posted by Just88 > 2023-03-09 19:51 | Report Abuse

Why delist is better ? You might lose money.

Wealthy99

luckily got at 0.60 wuhuuu
delist better if cannot get hot business

Just88

432 posts

Posted by Just88 > 2023-03-10 20:20 | Report Abuse

If delist can get back money around 0.70, why did they sell off most of their holdings at 0.65. Isn't it better for him just to delist the company ?

Wealthy99

delist can get back money around 0.70 - 0.71
of course if can have good company acquisition, hopefully tech related, then will be great

1 hour ago

Just88

432 posts

Posted by Just88 > 2023-03-30 09:29 | Report Abuse

latest results shows NTA = 0.615

Just88

432 posts

Posted by Just88 > 2023-03-30 17:23 | Report Abuse

Lee Hoch Meng retired from BOD. New BOD emerging soon.

Just88

432 posts

Posted by Just88 > 2023-03-31 20:34 | Report Abuse

Will see chin kok tian & wife and tan ah tek appointed to the BOD very soon

Just88

432 posts

Posted by Just88 > 2023-04-26 17:13 | Report Abuse

Dropped non-stop for 3 months already.....

krish52

257 posts

Posted by krish52 > 2023-04-27 11:35 | Report Abuse

looks like moving towards 70 sen level soon.

Posted by tedoptimus > 2023-05-03 19:04 | Report Abuse

今日交易SCGM https://youtu.be/NcKLNDn33ew

Yu_and_Mee

3,441 posts

Posted by Yu_and_Mee > 2023-05-05 15:27 | Report Abuse

I think many got trapped and jumped in when spike.

Yu_and_Mee

3,441 posts

Posted by Yu_and_Mee > 2023-05-10 08:14 | Report Abuse

back to home

Yu_and_Mee

3,441 posts

Posted by Yu_and_Mee > 2023-05-10 15:51 | Report Abuse

0.45 first

Just88

432 posts

Posted by Just88 > 2023-06-22 15:00 | Report Abuse

still waiting.......

Posted by wilsonkck84 > 2023-06-29 14:14 | Report Abuse

Going to be delisted?

Just88

432 posts

Posted by Just88 > 2023-06-29 19:31 | Report Abuse

highly unlikely to be delisted

Posted by wilsonkck84 > 2023-07-03 19:40 | Report Abuse

Now under PN16. OMG.

Yu_and_Mee

3,441 posts

Posted by Yu_and_Mee > 1 month ago | Report Abuse

still not having new business inject?

Just88

432 posts

Posted by Just88 > 1 month ago | Report Abuse

very soon

Brutus

287 posts

Posted by Brutus > 6 days ago | Report Abuse

@Just88, thank you for your sharing. Seems interesting for existing holders.

Just88

432 posts

Posted by Just88 > 6 days ago | Report Abuse

Brutus, You are welcome. What do you think ?

xiaoeh

1,377 posts

Posted by xiaoeh > 6 days ago | Report Abuse

Just to follow up
any development for SCGM?

Just88

432 posts

Posted by Just88 > 6 days ago | Report Abuse



They are waiting for approval from the securities commission.
xiaoeh

Just to follow up
any development for SCGM?

19 minutes ago

xiaoeh

1,377 posts

Posted by xiaoeh > 6 days ago | Report Abuse

Thanks Just88 for your sharing

Just88

432 posts

Posted by Just88 > 6 days ago | Report Abuse

Huge demand for coconut in China

xiaoeh

1,377 posts

Posted by xiaoeh > 6 days ago | Report Abuse

Just88 bro what price will you buy?

Just88

432 posts

Posted by Just88 > 6 days ago | Report Abuse

Below NTA 0.62

Just88

432 posts

Posted by Just88 > 6 days ago | Report Abuse

In the event that nothing materialised, SCGM will distribute NTA 0.62 back to its shareholders. So, that is the safety line.

Just88

432 posts

Posted by Just88 > 6 days ago | Report Abuse

Alternatively, you may use the price big boss acquired from old bosses, 0.65

xiaoeh

1,377 posts

Posted by xiaoeh > 6 days ago | Report Abuse

thanks for sharing bro

Brutus

287 posts

Posted by Brutus > 6 days ago | Report Abuse

@Just88, The business looks and sounds exciting. Not sure the management team though. From plastic packaging to F+B, I will be following them thru since my holding costs is zero anyway.

Just88

432 posts

Posted by Just88 > 6 days ago | Report Abuse

Brutus, the F&B owners will be the new bosses of SCGM. So, no worries about managing the new businesses.

Just88

432 posts

Posted by Just88 > 6 days ago | Report Abuse

It will be a reverse take over. So it is a whole new company going forward. Much like a new IPO except no new share offering. I think its valuation can mirror that of Vita coco and Thai coconut Public company.

Brutus

287 posts

Posted by Brutus > 2 days ago | Report Abuse

@Just88, I think that was the whole idea The Lee Family keep SCGM listed. Besides cashing out via capital repayment, they also sold their shares to the new owners at a premium. Should be an exciting new beginning for SCGM (likely to be renamed) shareholders.

Just88

432 posts

Posted by Just88 > 1 day ago | Report Abuse

Yes, successful injection of coconut business into SCGM will be a windfall for the existing shareholders. Given the information I have, it is already at the stage of seeking SC approval. The new controlling shareholders will ensure the successful listing of their coconut business. Delisting of SCGM will results in losses to them.

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