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Overview
Financial Highlight
Headlines
Business Background SCGM Bhd is an investment holding company. The company along with its subsidiaries is a thermo-vacuum form plastic packaging manufacturer. Its business segments are Manufacturing and Investment holding. It derives most of its revenues from Manufacturing segment. The group is principally operating in Malaysia.
  Just88 https://klse.i3investor.com/web/blog/detail/righton/2024-02-14-story-h-212401861-DO_YOU_LIKE_THE_TASTE_OF_COCONUT 14/02/2024 8:48 PM Brutus @Just88, thank you for your sharing. Seems interesting for existing holders. 15/02/2024 8:55 AM Just88 Coconut demand in China https://seoagencychina.com/coconuts-in-china-huge-demand-from-distributors/ 15/02/2024 1:38 PM Just88 They are waiting for approval from the securities commission. xiaoeh Just to follow up any development for SCGM? 19 minutes ago 15/02/2024 1:39 PM Just88 https://seoagencychina.com/coconuts-in-china-huge-demand-from-distributors/ 15/02/2024 1:46 PM Just88 In the event that nothing materialised, SCGM will distribute NTA 0.62 back to its shareholders. So, that is the safety line. 15/02/2024 4:35 PM Just88 Alternatively, you may use the price big boss acquired from old bosses, 0.65 15/02/2024 4:36 PM 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. 15/02/2024 8:33 PM Just88 Brutus, the F&B owners will be the new bosses of SCGM. So, no worries about managing the new businesses. 15/02/2024 8:47 PM 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. 15/02/2024 9:54 PM Just88 https://jinan.dzwww.com/xinwenzhutu/shenghuo/202308/t20230821_12583409.htm 16/02/2024 7:32 PM Just88 https://klse.i3investor.com/web/blog/detail/righton/2024-02-18-story-h-188366229-MY_OPINION_OF_SCGM 18/02/2024 1:56 PM 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. 19/02/2024 8:51 AM 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. 20/02/2024 8:25 PM 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 22/02/2024 9:52 PM Just88 https://klse.i3investor.com/web/blog/detail/righton/2024-02-23-story-h-188239466-WHY_DO_I_THINK_RTO_OF_SCGM_IS_A_CERTAINTY 23/02/2024 3:50 PM 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. 21/03/2024 2:56 PM Just88 https://klse.i3investor.com/web/blog/detail/righton/2024-03-21-story-h-185647492-WHY_HEADS_OF_AGREEMENT_HOA_FOR_SCGM 21/03/2024 3:25 PM Just88 you should know that the latest qtr results of Thai coconut public company increased by 75% 21/03/2024 4:06 PM 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. 22/03/2024 9:21 AM 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. 22/03/2024 9:39 AM 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. 22/03/2024 10:13 AM Just88 Thai coconut public company was listed in Sept 2023 at 5.50 baht and the share price has already doubled. 22/03/2024 10:26 AM Just88 https://klse.i3investor.com/web/blog/detail/righton/2024-03-24-story-h-185587948-WHAT_AN_EARLY_BIRD_SHOULD_KNOW_ABOUT_SCGM 24/03/2024 10:31 AM  xiaoeh thanks for your sharing Just88... i'm very kiasi and may wait a bit lower and consider... 24/03/2024 1:21 PM Safeld65 I see. Kinda missed out this news 😅 https://www.thestar.com.my/business/business-news/2024/03/20/scgm-to-acquire-eramas-global-to-regularise-cash-company-status 08/04/2024 4:56 PM terrytankh Just88, thank you for sharing , I just bought in at 0.645 . Please update for any new information . 10/04/2024 2:34 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
