Senheng rm1.07 ipo price --> 31sen

A big recovery like ynh is expected

Buy call from maybank


Briefing update
We believe that 4QFY24E earnings may improve in tandem with sales volume recovery in Peru and Bolivia. That said, our FY24E-FY26E earnings are trimmed by 3% to 4% given expectations for slower sales of its higher margin HDS category and slower sales growth in its ASEAN markets. Maintain BUY with a lower TP of MYR0.86, on unchanged 11x CY24E PER.

5305 SENHENG SENHENG NEW RETAIL BERHAD
MULTIPLE PROPOSALS
MULTIPLE PROPOSALS
SENHENG NEW RETAIL BERHAD ("SENHENG" OR THE "COMPANY")(I) ACQUISITION OF LAND
TOGETHER WITH THE BUILDINGS ERECTED THEREON, WHICH IS CURRENTLY BEING USED AS A
CENTRAL DISTRIBUTION CENTRE, FOR A PURCHASE CONSIDERATION OF RM75.8 MILLION TO
BE SATISFIED ENTIRELY IN CASH ("ACQUISITION"); AND (II) VARIATION OF THE
UTILISATION OF PROCEEDS RAISED FROM THE COMPANY'S INITIAL PUBLIC OFFERING
("VARIATION")(COLLECTIVELY, REFERRED TO AS THE "CORPORATE EXERCISES")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

22/12/2023 07:00 AM


Ref Code: 202312223000211

https://www.channelnewsasia.com/business/malaysia-likely-saw-steady-economic-growth-q4-resilient-consumption-reuters-poll-4121781

Kita bayar less than 1/3 harga ipo @RM1.07. sungguh berbaloi

Sentiasa ada untung & dividen

Wait 1-2 years, double or triple ROI. Cyclical punya

bagus, more buyers for senheng

Tourism Malaysia confident of hitting 27.3mil foreign tourist target this year
Tourism Malaysia director-general Ammar Abd Ghapar says 20 million foreign tourists came to Malaysia last year.

Bernama - 11 Feb 2024, 9:17pm

good for senheng

Malaysia’s labour market continued on an improving trend as unemployment rate maintained at post-pandemic low of 3.3% in Dec-23. Overall 2023, the jobless rate averaged at 3.4%. Labour force and employment improved further by +2.0% (2022: +2.6%) and +2.4% respectively.

Unemployed persons declined by -8.1% while outside labour force fell by -0.5%. The unemployed persons dropped further by -0.2%mom to 568K in Dec-23, approximately 49K higher than average jobless persons 519K in 2019. For youth aged 15~24, the unemployment rate averaged at pandemic and post-pandemic low of 10.9% in 2023.

Keep for 1-2 years, double or triple nanti ;)

Senheng is a leading consumer electronics and electrical products retailer in Malaysia, with a network of over 400 stores nationwide. Senheng has a growth strategy that involves expanding its store space, enhancing its online channel, developing new brand distribution business, and strengthening its back-end capacities and capabilities. According to CGS-CIMB Research, Senheng is expected to post a compounded annual growth rate (CAGR) of 12.7% in revenue and 13.4% in core net profit from 2021 to 2024³. Senheng also aims to capture 30% of the market share by 2025². Senheng's expansion initiatives reflect its understanding of the latest consumer preferences and its commitment to provide customers with a seamless blend of online convenience and engaging in-store experiences¹. Senheng is well positioned to capitalize on the future growth opportunities in the domestic electronics and electrical products segment.

ramai taikun biarkan harga saham turun dengan banyak, lepas tu, beli secara besar-besar dengan mengecut.. wait n see... another dark horse to watch this year. senheng sentiasa untung dan bagi dividen jugak ~ dividend yield=3.87%~4% not bad

harga IPO rM1.07. balik RM1 dah puas dah... hehe

31.5sen dah... berpotensi untuk balik RM1 jika ekonomi kian baik dan para pelancong kembali... good price kini, dibawah nilai aset bersih sesaham... buy call indeed..... good luck

Senheng uses a good app too. Easy to buy, etc with many offers n financial options too

Current price below net assets per share. Good buy

Buy senheng.... many tourists datang tahun ni.... boosting its sales// also lower unemployment rate for msia this year... buy3... ipo price Rm1.07... if back to RM1+++ kayalah kelak :)

SENHENG (5305): IPO Info | I3investor
It opened at 90 sen and rose to as high as RM1.01 before closing at 85.5 sen, representing a 21.5 sen or 20.09% discount from its initial public offering (IPO) price of RM1.07.

epf HOLDS ~10%. stay calm yah

Buy rate 85%

banyak perkara -harga boleh terbang... buyer for pos, bank muamalat/ipo jugak

mereka yg tak sabar, jualkan kpd mereka yg kaya tunai dan sanggup menunggu dan ada masa

harga dah bottom out, tunggu ia melambung je kini

tunggu berita terbaru, bank muamalat, harga boleh terbang jugak :)

52 Weeks Range

0.605 - 0.77

IPO @70sen.. beli dan simpan/// 70sen takda masalah... timing je :)

IPO bagi bank muamalat ataupun jualkan kpd pihak lain.. wait n see

Buyers are accumulating drb shares in stages. A big wave is otw ;)

Bank Muamalat is an Islamic bank in Malaysia that is 70%-owned by DRB-Hicom, a Malaysian conglomerate that operates in various sectors¹. DRB-Hicom acquired its stake in Bank Muamalat from Bukhary Capital, a company controlled by Tan Sri Syed Mokhtar Albukhary, in 2008². Bank Negara Malaysia, the central bank, approved the acquisition on condition that DRB-Hicom would eventually pare down its stake to at least 40%².

However, DRB-Hicom has not been able to find a suitable buyer or partner for Bank Muamalat, despite having talks with several local and foreign financial institutions over the years². The latest attempt was with Bahrain-based Al-Baraka Banking Group in 2010, but the deal did not materialize². DRB-Hicom has also considered listing Bank Muamalat on the stock exchange as a way to reduce its stake, but there has been no progress on this front either¹.

According to sources, Syed Mokhtar has no plan to exit the banking business and still intends to trim his stake in Bank Muamalat through a listing in the next two years or so¹. However, the banking industry is facing increasing challenges and competition, especially in the Islamic segment, which may affect Bank Muamalat's performance and valuation². Therefore, it is uncertain when and how DRB-Hicom will be able to divest its stake in Bank Muamalat. 🤔

DRB-HICOM is a Malaysian conglomerate that operates in various sectors, such as aerospace, defence, automotive, banking, postal, and services¹. The company's share price has been on an upward trend since the beginning of 2024, reaching a 52-week high of RM 2.80 on February 13, 2024². Some of the factors that may contribute to the company's performance include:

- The successful completion of the sale of its 49% stake in Proton Holdings to China's Geely Automobile Holdings, which resulted in a net gain of RM 1.1 billion for the company³.
- The strong demand for its defence products, especially the AV8 Gempita armoured vehicles, which have been delivered to the Malaysian Army and exported to several countries in the Middle East and Africa⁴.
- The expansion of its postal and logistics business, which has benefited from the growth of e-commerce and the digital economy in Malaysia and the region⁵.

Geely has been expanding its presence globally, acquiring brands like Volvo and investing in new technologies. While it may face competition, its strategic moves suggest potential for further growth in the global automotive market. Keep an eye on developments in the industry

Up 3 sen.. Esok up 3 sen again = 1.40 dah

Ipo for bank muamalat, spin off from drb hicom. Baik jugak

Restart?

Khazanah Nasional Bhd plans to divest its entire 30% stake in Bank Muamalat Malaysia Bhd in the proposed merger between the lender and Malaysia Building Society Bhd (MBSB), sources say.

Proton + muamalat bank----> cool

Bank Muamalat Malaysia has the potential for growth and success, given its focus on Islamic banking. With the increasing demand for Sharia-compliant financial services, the bank can capitalize on this niche market. Continuous innovation, customer-centric strategies, and adapting to industry trends will be crucial for unlocking its full potential in the evolving financial landscape.

Bank Muamalat Malaysia Berhad
https://www.muamalat.com.my/investor-relations
Bank Muamalat Malaysia Berhad – Shareholders
WebJan 24, 2024 · The shareholders comprise DRB-HICOM, which holds 70% shares in the Bank while Khazanah Nasional Berhad holds the remaining shares. DRB-HICOM Berhad is …

www.drb-hicom.com/group-companies/banking/

Up 3 sen dah. Esok another few cents, 1.4++ ;)

52 week high was rm1.77 :)

Shareholder Yield for DRBHCOM is ‎10.4%‏ and above peers

DRB-HICOM Berhad is one of Malaysia's leading corporations, involved in the automotive manufacturing, assembly and distribution industry through its involvement in the passenger car and four wheel drive vehicle market segment, the national truck project and the national motorcycle project. Wikipedia
Subsidiaries: Proton Holdings, Puspakom, Edaran Otomobil Nasional, Pos Malaysia, More
Stock price: DRBHCOM (KLSE) RM 1.36 +0.02 (+1.49%)
13 Feb, 11:38 am MYT - Disclaimer
Parent organization: Etika Strategi Sdn. Bhd.
Headquarters: Shah Alam
Founder: Yahaya Ahmad
Founded: 2000
ISIN: MYL1619OO005
Number of employees: Approx. 47,000

Drb is cheap, PE is below 10, net assets per share rm3.91

Better to acquire quietly like geely did to Mercedes

Good also, geely or its founder holds 10% stake in drb like in mercedes. Can ask for a seat in the board of directors

Who will be buying? China funds? :)

Buy rate 89%@RM1.37 now

Up 3sen. 1.37, 1.4++ anytime :)

Dxn Holdings Berhad is a Malaysian company known for its focus on health and wellness products, particularly those related to the cultivation and processing of Ganoderma mushrooms. Here are a few reasons why some might consider Dxn Holdings Berhad to be good:Health and Wellness Products: Dxn produces a range of health and wellness products, including supplements and beverages, which appeal to consumers interested in natural and holistic approaches to well-being.Global Presence: Dxn has expanded its presence globally, allowing it to tap into diverse markets and reach a broad customer base.Ganoderma Expertise: The company's emphasis on Ganoderma mushrooms, believed to have various health benefits in traditional medicine, gives it a unique selling point in the wellness industry.Multi-Level Marketing (MLM) Structure: Dxn operates on a multi-level marketing model, providing opportunities for individuals to earn income by selling its products. This can be attractive to those looking for entrepreneurial opportunities.

KUALA LUMPUR: Foreign investors continued their trend of net buying on Bursa Malaysia, with an inflow of RM400.7 million, marking the third consecutive week of net purchases, said MIDF Research.

Proton, as a Malaysian automotive manufacturer, has shown significant potential in recent years. Its partnership with Geely has brought about advancements in technology, design, and market reach. The collaboration aims to enhance Proton's competitiveness, not only in Malaysia but also in the global automotive market.Proton's potential lies in leveraging Geely's expertise, accessing new markets, and introducing innovative models. Continuous investment in research and development, coupled with strategic partnerships, positions Proton to tap into the growing demand for sustainable and technologically advanced vehicles. Monitoring industry trends and consumer preferences will be crucial for realizing and maximizing Proton's potential.

DRB-HICOM is a Malaysian conglomerate with diverse business interests, including automotive, services, and property. Geely's partnership with DRB-HICOM, particularly in the automotive sector, provides strategic opportunities for both companies. The collaboration allows Geely to access the Malaysian market and leverage Proton's existing infrastructure, while DRB-HICOM benefits from Geely's expertise, technology, and global automotive insights. This partnership is aimed at strengthening Proton's position in the automotive industry and fostering mutual growth and development.