SCGM BHD

KLSE (MYR): SCGM (7247)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.625

Today's Change

0.00 (0.00%)

Day's Change

0.615 - 0.625

Trading Volume

152,900

IPO Info
File Name: SCGM-NoticeOfProspectus (27KB).pdf Download
Discussions
13 people like this. Showing 50 of 2,879 comments

wilsonkck84

Now under PN16. OMG.

2023-07-03 19:40

Yu_and_Mee

still not having new business inject?

2024-01-20 21:44

Just88

very soon

2 months ago

Brutus

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

2 months ago

Just88

Brutus, You are welcome. What do you think ?

2 months ago

xiaoeh

Just to follow up
any development for SCGM?

2 months ago

Just88



They are waiting for approval from the securities commission.
xiaoeh

Just to follow up
any development for SCGM?

19 minutes ago

2 months ago

xiaoeh

Thanks Just88 for your sharing

2 months ago

Just88

Huge demand for coconut in China

2 months ago

xiaoeh

Just88 bro what price will you buy?

2 months ago

Just88

Below NTA 0.62

2 months ago

Just88

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

2 months ago

Just88

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

2 months ago

xiaoeh

thanks for sharing bro

2 months ago

Brutus

@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.

2 months ago

Just88

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

2 months ago

Just88

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.

2 months ago

Brutus

@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.

2 months ago

Just88

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.

1 month ago

Just88

https://www.irplus.in.th/Listed/COCOCO/en/news-set-announcement/2024/2/7169917

Thai Coconut public company earnings for Yr 2023 improves 43% over Yr 2022

1 month ago

yauyau57

if they can come out with MCT oil than it can UP UP UP!!!

4 weeks ago

csan

anyone knows what is the net profit of the Eramas Group? Thai Coconut Public Company should be the correct comparable and they trade at around 23-24x PE.

4 weeks ago

csan

Just88, any idea on Eramas' net profit?

4 weeks ago

Just88

All i know is the business growth is very good.

4 weeks ago

Just88

you should know that the latest qtr results of Thai coconut public company increased by 75%

4 weeks ago

Just88

The size of the worldwide Coconut market achieved USD 18510.92 Million in the year 2022. Anticipated expansion at a Compound Annual Growth Rate (CAGR) of 13.56%. The global Coconut market is projected to attain the valuation of USD 39703.85 Million throughout the forecast period.

4 weeks ago

Just88

SC stipulates that the applicant needs to have an uninterrupted profit of three to five full financial years, with an aggregate after-tax profit of at least RM20 million as well as an after-tax profit of at least RM6 million in the most recent financial year.

4 weeks ago

Just88

I expect the definite agreement to be signed soon as the proposal has to be submitted to the SC before end of June. Otherwise, the proposal needs to be recomputed base on quarterly report ended 30 June 2024.

4 weeks ago

Just88

Thai coconut public company was listed in Sept 2023 at 5.50 baht and the share price has already doubled.

4 weeks ago

xiaoeh

Dear Just88,
what price did you start buying SCGM?

3 weeks ago

Just88

Between 0.585 to 0.675

3 weeks ago

xiaoeh

thanks for your sharing Just88...
i'm very kiasi and may wait a bit lower and consider...

3 weeks ago

Just88

get ready for definitive agreement ..........

2 weeks ago

Hungerr

When?

2 weeks ago

Just88

Likely before end of this month

2 weeks ago

Safeld65

What kind of agreement?

2 weeks ago

Just88

Definitive agreement to acquire Eramas Global Group

2 weeks ago

terrytankh

Just88, thank you for sharing , I just bought in at 0.645 . Please update for any new information .

1 week ago

Safeld65

So far don't have latest news about SCGM

1 day ago

Post a Comment