High chance for HE group to open higher than APEX Securities and Public Investment Bank's TP

Retesting to penetrate rm4 before CNY 🤓

Here you go, LeonardLiong. https://www.dagangnews.com/article/ta-securities-menilai-he-group-yang-bakal-disenaraikan-di-pasaran-ace-pada-44-sen-sesaham-34094

HE Group might move up like KGB 😁

Don't forget today is the last day to subscribe its IPO 😉 You get it, you earn for sure

HE Group’s net profit grew at a 2-year EPS CAGR of 90.6% over FY20-22. Excluding fair value gain on other investment of MYR1.5m in FY20, its core net profit grew at a 2-year EPS CAGR of 5.2x between FY20-22. This is attributable to new contracts secured from the power distribution system and electrical equipment hook-up and retrofitting segments. Very healthy earning track record

Last day to subscribe HE Group IPO 🙂

IPO price is RM0.28 with around 11x in PE ratio. You can refer to this article post for more info, AnthonyAng666 😊

https://klse.i3investor.com/web/blog/detail/Ubah58/2024-01-15-story-h-210470089-HEGROUP_0296_IPO_Key_Notes_Sharing

HE Group is involved in designing, supplying, installing, testing, and commissioning power distribution systems, catering mainly for industries such as semiconductor, medical device, and electronic product industries. Indeed, it will benefited by the high growth of semiconductor and medical industry, and most importantly, data centres too.

Journey to Rm4. Hail Nvidea Power

May be KGB will collaborate with HE Group in one day. Btw, HE Group is involved in designing, supplying, installing, testing, and commissioning power distribution systems, catering mainly for industries such as semiconductor, medical device, and electronic product industries.

https://theedgemalaysia.com/node/695224

If don't wanna to chase high on YTLPower, can try its peer, HE Group which involves in Mechanical, Electrical and Process Utility (MEP) and it will benefited by the high growth of semiconductor and medical industry, and most importantly, data centres too

https://www.thestar.com.my/business/business-news/2023/12/26/he-group-inks-underwriting-deal-for-ace-market-ipo

Another electrical engineering service provider (HE Group) is going to list next year ~

https://www.thestar.com.my/business/business-news/2023/12/26/he-group-inks-underwriting-deal-for-ace-market-ipo