Michael Kwok86 resistance no break wont buy. 12/10/2023 6.11pm
12/10/2022 6:11 PM
Just88It 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
csanscgm 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
Just88Will SCGM end up like PEB which is acquiring some solar companies at really high valuation ?
29/11/2022 9:09 AM
csanjust88, do u know that peb share price tripled from RM0.70 to RM2.10 when they announced the proposed acquisition?
Mr. A|S|Hon 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
satha44After X so cheap....finally only 2sens better than yesterday......apalah??
csannylex 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
csanMetaStockResearch, u may need to think 101 times.
loyaltywongwealthy99, be careful, i sold all this morning 800,000 shares
02/02/2023 11:44 AM
HungerrLol...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
Just88Massive share transfer from Lee family to new shareholders recently, event should be unfolding real soon.
16/02/2023 9:17 AM
Just88Chin 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
Just88Share transfers and currently taking place below 70 sen. Price won't stay here for long.
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
Just88Emma 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
Just88If 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 Sivai 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
Just88Just wait for the announcement before making your decision to sell
20/02/2023 9:10 AM
Just88I 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
Just88SCGM needs to acquire new businesses to stay listed.
08/03/2023 8:36 PM
Just88Why 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
Just88If 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
