Alpha IVF bullish on industry outlook, to tap Muslim market

KUALA LUMPUR (March 22): Alpha IVF Group Bhd, which staged a lukewarm listing debut on Bursa Malaysia on Friday, said the fertility care company is in a sunrise industry in Southeast Asia, with strong demand for in-vitro fertilisation treatment amid declining birth rates.

Women are opting to start families at later ages, typically in their early thirties, potentially leading to lower chances of pregnancy, Alpha IVF group managing director Datuk Dr Colin Lee Soon Soo told reporters after Alpha IVF’s listing on Friday. Coupled with the significant decline in sperm counts globally, the need for medical assistance in achieving pregnancy is on the rise, he noted.

“If you were to look at the demand for IVF, a simple formula is that for every 800 people, one IVF cycle is required,” Lee noted. “With a population of 32 million people, Malaysia requires 40,000 IVF cycles per annum but it is only doing about 9,000 per annum.”

Indonesia is “even more incredible”, requiring “400,000 cycles per annum with a population of 320 million people,” he said. “However, they are only doing less than 15,000 cycles per annum.”

Shares of Alpha IVF staged a lukewarm trading debut on Friday, amid subdued broader market conditions after the fertility care company’s RM466.5 million initial public offering (IPO).


Alpha IVF Group Bhd group chief financial officer (CFO) Berlinda Soo seen at the group’s Bursa Malaysia listing debut on Friday.
Malaysia’s total fertility rate, which indicates the average number of children born to a woman during her reproductive years between 15 and 49 years of age, has fallen to the lowest in 50 years and below the rate of 2.1 which a population needs to replace itself, according to official statistics.


While the cost of medical treatment has been rising over the past years due to medical inflation and the strengthening US dollar, Lee said the company has been able to absorb these rising costs without passing much onto its customers, thanks to the increasing economies of scale.

Alpha IVF mainly focuses on assisted reproductive services with a strong emphasis on in-vitro fertilsation, a medical procedure where eggs are collected and fertilised by sperm in a laboratory, before implanted in the womb. The company currently operates two centres in Malaysia and one in Singapore.

The company aims to target the largely untapped market segment of Muslim patients through the upcoming launch of its fourth specialist centre, which will be attached to KPJ Damansara Specialist Hospital 2, Lee said.

“We expect to tap into the existing clientele of KPJ, which is predominantly Muslim” and (Muslims) have a strong presence in Indonesia and the Middle East, he said. “We will work together with KPJ to market the IVF services to these two predominantly Muslim areas,” Lee added.

Alpha biggest shareholder sapu shares in market. More upside ahead. My remisier said target 50sen.

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
ALPHA IVF GROUP BERHAD

Particulars of substantial Securities Holder
Name DATO DR LEE SOON SOO
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 29 Mar 2024
20,000
Acquired Direct Interest
Name of registered holder DATO DR LEE SOON SOO
Description of "Others" Type of Transaction
2 01 Apr 2024
2,900,000
Acquired Direct Interest
Name of registered holder DATO' DR LEE SOON SOO
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition via open market transaction.
Nature of interest Direct and Indirect Interest
Direct (units) 1,655,978,442
Direct (%) 34.073
Indirect/deemed interest (units) 446,864,512
Indirect/deemed interest (%) 9.195
Total no of securities after change 2,102,842,954
Date of notice 01 Apr 2024
Date notice received by Listed Issuer 01 Apr 2024

Waiting HTPADU hit RM5.00 😃

Sold some Dolmite and buy alots Psiptek. Psiptek just start engine, more upside.

Rotational play in penny stock. I'm expect Psiptek will be next. Please monitor closely.

I also take some profit and buy Psiptek. Psiptek look good to hit 20sen.

Walao. Even Lonbisc PN17 stock, share price already 23sen liao. Why Dolmite can't ? Dolmite is cash rich company wow.

Dolmite will receive RM125 Million cash. Cash per share is 44sen ! Share price now only 17sen.

Dolmite selling its assets to Sunway deal done. Dolmite become cash rich company. Many ppls eyeing its controlling stakes. Another KPOWER, from 20sen to 80sen !

Dolmite strong buy. 30sen target price. Super good news.

KPower will rise above RM1.00 today. Now just shake out those retail players. Buy more now.

KPower will close at RM1.00 today. Tomorrow will on the way to limit up at RM1.30 !!

This small cap stock can easily goreng to RM2.00

Buy more now and sell tomorrow. Tomorrow sure limit up.

Very confirm limit up soon

KPower going to limit up ! Super good news

Serba Dinamik billionaire founder Karim buys stake in Powernet
Read more at https://www.thestar.com.my/business/business-news/2019/06/20/serba-dinamik-billionaire-founder-karim-buys-stake-in-powernet/#ig7JP45OQKi7T2gR.99

Can buy now for 15sen different ?

Wao ... 27% stake traded in off market at RM1.00. General Offer at price RM1.00 to all shareholder too ?

CIMB call buy sedania. https://klse.i3investor.com/blogs/technicalanalyst/210552.jsp

see tonight got good news or not.

If really like kakakemas said, mokhzani join sedania then sedania sure limit up.

what happen to sedania ? suddenly up. mokhzani mahathir join sedania ?

sure boh mokhzani mahathir join sedania ? sedania rebound from day low 17sen to 18.5sen now.

Wao ! MUIIND share price up now even report quarter result loss. Maybe its london corus hotel found a buyer. If hotel able sell at price rm 2 bil, Muiind share price can hit 30sen easily.

Dun scare. Just buy. Market is going to rebound.

Trump will not let the market crash. He will come out with good news

Yap. Company will loss more money this Q. Dun buy first

Dun buy first. Market now still in correction mode. Will drop below 10sen.

Game over. It is to attract retail player to buy. U see so many fake buyer Q there.

Yes. Hard to rise even got good news.

yeah. will test previous high. strong buy.

Today will rebound 10sen. Cheer !

why still buying karex? Its director and shareholder keep selling shares in market.

singvest. u are correct. don't bother this type ppls.

i can confirm that my standard is higher than u.

haha. how much i earn today ? use this to decide what standard am i ? Ok, from this i know ur standard .

haha. firs time to heard that retail player hold most of the shares is good ! then i know what standard u are.

Player already made ton of money. They will change another target, and inject the assets to it. Then goreng up again. This DWL game over. Since the most of the share in retail player hand.

Sell la. Player already dispose their shares. Game over. No point to hold it.

I buy MYEG today. Going to rebound

TDM now cheap to buy. Sailang all in

Karex goreng game over. Better sell now.

U think the war will begin ? Dun silly. It is just Trump strategy la. Market will rebound and break new high again.

Open down is good. I will buy more.

Bandar Malaysia will inject into IWCITY. Price at least RM3.00

Can buy. will out from PN17 soon

Eupe closed at day high. Next week continue its uptrend to 80sen, even 90sen.

This stock highly highly highly undervalued.