Posted by Just88 > 2024-02-18 13:56 | Report Abuse

https://klse.i3investor.com/web/blog/detail/righton/2024-02-18-story-h-188366229-MY_OPINION_OF_SCGM

Posted by Brutus > 2024-02-19 08:51 | 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.

Posted by Just88 > 2024-02-20 20:25 | 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.

Posted by Just88 > 2024-02-22 21:52 | Report Abuse

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

Posted by Just88 > 2024-02-23 15:50 | Report Abuse

https://klse.i3investor.com/web/blog/detail/righton/2024-02-23-story-h-188239466-WHY_DO_I_THINK_RTO_OF_SCGM_IS_A_CERTAINTY

Posted by Alibone > 2024-03-21 09:17 | Report Abuse

https://www.klsescreener.com/v2/news/view/1297039

Posted by yauyau57 > 2024-03-21 09:23 | Report Abuse

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

Posted by csan > 2024-03-21 14:56 | Report Abuse

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.

Posted by Just88 > 2024-03-21 15:25 | Report Abuse

https://klse.i3investor.com/web/blog/detail/righton/2024-03-21-story-h-185647492-WHY_HEADS_OF_AGREEMENT_HOA_FOR_SCGM

Posted by csan > 2024-03-21 15:38 | Report Abuse

Just88, any idea on Eramas' net profit?

Posted by Just88 > 2024-03-21 15:40 | Report Abuse

All i know is the business growth is very good.

Posted by Just88 > 2024-03-21 16:06 | Report Abuse

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

Posted by Just88 > 2024-03-22 09:21 | Report Abuse

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.

Posted by Just88 > 2024-03-22 09:39 | Report Abuse

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.

Posted by Just88 > 2024-03-22 10:13 | Report Abuse

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.

Posted by Just88 > 2024-03-22 10:26 | Report Abuse

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

Posted by Just88 > 2024-03-24 10:31 | Report Abuse

https://klse.i3investor.com/web/blog/detail/righton/2024-03-24-story-h-185587948-WHAT_AN_EARLY_BIRD_SHOULD_KNOW_ABOUT_SCGM

Posted by xiaoeh > 2024-03-24 11:23 | Report Abuse

Dear Just88,
what price did you start buying SCGM?

Posted by Just88 > 2024-03-24 13:00 | Report Abuse

Between 0.585 to 0.675

Posted by xiaoeh > 2024-03-24 13:21 | Report Abuse

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

Posted by Just88 > 2024-04-01 20:48 | Report Abuse

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

Posted by Hungerr > 2024-04-02 22:22 | Report Abuse

When?

Posted by Just88 > 2024-04-04 12:54 | Report Abuse

Likely before end of this month

Posted by Safeld65 > 2024-04-04 15:57 | Report Abuse

What kind of agreement?

Posted by Just88 > 2024-04-04 16:38 | Report Abuse

Definitive agreement to acquire Eramas Global Group

Posted by Safeld65 > 2024-04-08 16:56 | Report Abuse

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

Posted by terrytankh > 2024-04-10 14:34 | Report Abuse

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

Posted by Safeld65 > 2024-04-18 20:49 | Report Abuse

So far don't have latest news about SCGM

Posted by Just88 > 2024-05-08 10:04 | Report Abuse

Definitive agreement will be signed by this month

Posted by Hungerr > 2024-05-09 19:04 | Report Abuse

How come u so sure

Posted by Just88 > 2024-05-09 20:39 | Report Abuse

reliable sources

Posted by Just88 > 2024-05-15 15:51 | Report Abuse

2 more weeks ............

Posted by Just88 > 2024-05-16 13:58 | Report Abuse

I have higher projection.

Posted by Just88 > 2024-05-18 16:23 | Report Abuse

If you agree that coconut business has great potential, you should not miss out the opportunity to get this one and only listed coconut company on Bursa Malaysia.

Posted by Just88 > 2024-05-18 23:19 | Report Abuse

I strongly recommend investors think harder why the founders are selling their company at book value and become minority shareholders. They could have sold at book value plus RM40-60m for the listing status. This article could help - https://klse.i3investor.com/web/blog/detail/righton/2024-03-24-story-h-185587948-WHAT_AN_EARLY_BIRD_SHOULD_KNOW_ABOUT_SCGM

Posted by Hungerr > 2024-05-19 20:42 | Report Abuse

Looks good.am looking forward to it

Posted by Just88 > 2024-05-21 08:55 | Report Abuse

Yes, by this month

Posted by Just88 > 2024-05-23 22:30 | Report Abuse

https://johor.sinchew.com.my/news/20240522/johor/5626237

Posted by DragonG > 2024-05-24 09:59 | Report Abuse

@just88
Does Eramas group own any coconut plantation? If not, high demand of coconut may increases the raw material cost. to the Eramas factories.

Posted by Just88 > 2024-05-24 15:13 | Report Abuse

DragonG, I believe they do have coconut plantations in Malaysia and Indonesia.

Posted by DragonG > 2024-05-24 15:37 | Report Abuse

I do not think so.
https://emma.com.my/eramas-group-of-companies/

Posted by Just88 > 2024-05-24 17:10 | Report Abuse

We will find out by next week

Posted by SarifahSelinder > 2024-05-26 08:34 | Report Abuse

Macam mana klau kan beli Eramas at PE 15X?

Meaning macam ngam ngam je tak murah tak mahal nothing left on the table

Posted by Just88 > 2024-05-26 09:14 | Report Abuse

Thai Coconut Public Company Limited PE 26x

Posted by Just88 > 2024-05-29 15:47 | Report Abuse

Watch out for the AGM !!!

Posted by Hungerr > 2024-05-29 17:21 | Report Abuse

Tomorrow noon

Posted by Just88 > 2024-05-30 09:03 | Report Abuse

it is today

Posted by stupid > 2024-05-30 14:10 | Report Abuse

anyone attending agm today

Posted by Just88 > 2024-05-30 17:14 | Report Abuse

The new boss couldn't attend due to overseas flight delay.

Posted by Just88 > 2024-05-30 17:49 | Report Abuse

maybe tomorrow