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Overview
Financial Highlight
HeadlinesBusiness 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.
  LearnEveryday terence775 thank you so much for your selfless sharing. I have tp'ed my SCGM with profit over 30%!! Please let me buy you a gift! this SCGM helped me to turnaround my loss in 2022 to be in BIG GAIN!!! 04/10/2022 11:38 AM Bursascreener Momentum ~ Bullish 20 & 50 MA Crossover Trendline breakout at 0.35 . Resistance 0.38/0.450 Support 0.325 12/10/2022 5:54 PM Just88 It is trading above its cash holding per share of RM0.79. Shareholders stand to lose out upon delisting. It has to find a new viable business with 1 year. 25/10/2022 3:08 PM csan scgm receiving court order next tuesday on 29 november 2022. we should get the capital repayment by 1st half of december. just88, management's intention is to get a business and they have been approached by those in the EV and renewable energy space. this will cause the share price to shoot up way past the cash value like how jentayu sustainables did. i will not be surprised to see the share price going to RM0.80-1.00 (post payment of RM0.36 in December) when the acquisition proposal is made. 22/11/2022 12:54 AM Just88 Will SCGM end up like PEB which is acquiring some solar companies at really high valuation ? 29/11/2022 9:09 AM csan just88, do u know that peb share price tripled from RM0.70 to RM2.10 when they announced the proposed acquisition? 30/11/2022 1:19 AM Hungerr https://www.freemalaysiatoday.com/category/business/2022/12/01/china-firm-to-set-up-rm1-9-bil-lithium-battery-base-in-msia/ Is it this 1? 03/12/2022 4:35 PM Brutus Yummy Capital Repayment of RM 0.360 coming! Getting big fat angpow from Datuk Lee! 07/12/2022 10:33 PM Mr. A|S|H on ex-date special dividend ( 15/09/2022 ), open @ 0.65 & currently close @ 0.835 as at 09/12/2022. assume that open price at ex-date capital repayment on 20/12/2022 will be 0.475 ( 0.835 - 0.36 ) 11/12/2022 8:09 PM satha44 After X so cheap....finally only 2sens better than yesterday......apalah?? 20/12/2022 5:51 PM MetaStockResearch Please think 100 times if want to buy this stock at price above RM0.55 21/12/2022 11:03 AM Just88 WHY ? MetaStockResearch Please think 100 times if want to buy this stock at price above RM0.55 21 hours ago 22/12/2022 8:45 AM Just88 After receiving additional RM12.61m from buyers, net assets of SCGM now stands at RM0.61 per share. 11/01/2023 8:50 AM csan nylex is a good comparable as it is another cash shell. it is trading at around 4x it's cash value per share. it is a matter of time before scgm shoots past RM1, which is only 2x its cash value of 50sen now. 28/01/2023 12:39 AM Just88 https://www.theedgemarkets.com/article/frankly-speaking-signature-signs-scgm 31/01/2023 10:10 AM Hungerr Lol...lie also be smart la...volume only 38 k lot for now and u say u sell 80k lot.hahahahahaha 02/02/2023 12:43 PM Just88 Massive share transfer from Lee family to new shareholders recently, event should be unfolding real soon. 16/02/2023 9:17 AM Just88 Chin Kok Tian & Wife who bought over 16% from the Lee family recently is likely to inject their flagship, Emma group of companies, into SCGM transforming it into a food processing company with manufacturing facilities in Malaysia and Indonesia. Just my speculation. 16/02/2023 11:22 PM Just88 Share transfers and currently taking place below 70 sen. Price won't stay here for long. 16/02/2023 11:23 PM Just88 Yes, correct Wealthy99 Seems like something about firming up soon with the family involvement. I may consider to start buying in some. @Just88, is this the emma that you mentioned? https://emma.com.my/eramas-group-of-companies/ 2 hours ago 18/02/2023 4:20 PM Just88 Emma group was expanding rapidly over the last 3 years with new factories in Selangor and Medan, Indonesia. This requires a lot of fresh capital. SCGM is just the right outfit for them. F&B stocks in Bursa can fetch high valuation now with PE over 20x. 18/02/2023 4:42 PM Just88 If a general offer is required, the price may shoot up as in the case of PEB. The price doubled. 18/02/2023 4:44 PM Sivanesan Siva i bought on 12/12/2022 10 lot now keep or sell i also confusing the price will up or not 18/02/2023 11:14 PM Just88 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. 08/03/2023 7:01 PM Just88 Why delist is better ? You might lose money. Wealthy99 luckily got at 0.60 wuhuuu delist better if cannot get hot business 09/03/2023 7:51 PM Just88 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 10/03/2023 8:20 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
