i think moving forward when travel restriction lifted and ramssol allowed to travel to Philippines, it will be more fruitful year ahead for them thou. But in my opinion, i agreed with winsenlim58, another record year profit for them

yea i guess patience is the key for this counter, as I heard they are also going to offer their water management and NRW expertise to other state other than where they are now.

They have not only obtained approval from the Ministry of Health (MoH) to begin private sales of CanSino vaccine in the country. Next they gonna apply for Convidecia to be used as a booster shot. Hopefully will get approval soon.

https://www.theedgemarkets.com/article/solution-group-obtains-moh-approval-private-sales-cansino-vaccine

With the special mention and initiatives made for water utilities industries under 12MP, water sector definitely posted a bright prospect and Ranhill is definitely one of the key beneficiary of it.

Ramssol has just signed a collaboration agreement with Impianna and Ramssol will be conducting and managing HRD Corp training programmes physically and virtually, with participants given full access to the Company’s in-house employee engagement mobile application, Feet’s, for one year.

https://www.thestar.com.my/business/business-news/2021/11/02/impiana-hotels-to-provide-venue-services-for-ramssol-hrd-corp-training

Ranhill has a new steam turbine for one of their powerplant which has PPA until 2029… are they going to extend the PPA? If not, the new steam turbine will be a waste, right?

then how? but the revenue from glove seems improving. during the AGM they mentioned they have 6 production lines and 4 coming will be commerce soon.

Ranhill Utilities forms consortium with few of Indonesian companies to bid for Jakarta water system project (potential gross capacity of ~860mld) … I think this project could be a meaningful boost to them which potentially expand its existing source-to-tap water capacity 2,026MLD by an estimated 42%.

Ramssol is collaborating with Laiye as its first authorised training partner for intelligent automation technology across Southeast Asia. Seems like an interesting collaboration to me.

https://www.dagangnews.com/ramssol-jalin-kerjasama-dengan-laiye-bangunkan-tenaga-kerja-mahir-ai-rpa-9705

analyst said glove sector Demand should sustain. As per KAF’s report, KAF acknowledge that demand for gloves remains intact, and we expect a structural shift in annual demand growth post pandemic to be around 15%, higher than the historical annual average growth of between 8% and 10%. lets hope AT improve result will drive the share price..

i also got trapped. but how low can the share price can go. now is at the lowest point already. at least from revenue i can see there's revenue contribution from glove.. lets hope for more

check out my blog . what's my thought on ATS.. why would they venture into glove and how is it performing and i did some short analysis on the glove industry outlook... https://klse.i3investor.com/blogs/ATSystematizationBerhad/2021-09-30-story-h1591840594-Why_ATS_ventured_into_glove.jsp

I guess the opportunity for Ranhill doesn’t limit to Johor only, it also can offer its expertise in related to water, wastewater and reclaimed water treatment plants to other industrial parks and industries across Malaysia and Southeast Asia.

Anyone know any update on the Indonesia?

RanhillSAJ was renewed the forth times by SPAN and constructing new and upgrading existing water treatment plant under initiatives of SPAN and Pengurusan Aset Air Berhad

Ranhill posted an increase of 23.3% of net profit and shares dividend for the latest result announcement.

https://www.theedgemarkets.com/article/ranhill-utilities-posts-net-profit-rm9m-2qfy21-declares-share-dividend

Seem like Ramssol has submitted a excellent result for this quarter. The Revenue up by 50+% and net profit for Ramssol this quarter is doubled! Further to that, I hope that Ramssol share price will move on a upward trend together with the winning streak of KLCI and other tech stock.

https://www.utusan.com.my/ekonomi/2021/08/untung-bersih-ramssol-meningkat-136-9-peratus/

They've just introduced new features and enhancement for feet's, hope this will attract more users!! ^^ Just click the link to see what are the enhancements! https://fb.watch/7uYn0mM7Jd/

On top of their current highly sustainable income stream, the acquisition of Ranhill Worley and Ranhill Bersekutu with strong profitability record and consistently generating positive cash flow will contribute to Ranhill’s future profit and cash flow. Ultimately, positively contributed to consolidated earnings and EPS of Ranhill.

Got news about this dy! Supplying 3.5 million doses of Covid-19 vaccine to the Health Ministry (MOH)

https://www.thestar.com.my/news/nation/2021/07/30/covid-19-solution-group-to-supply-cansino-vaccine-in-malaysia

Guys!! good news!!! supply agreement has been signed!!!

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3179483

I believed this diversification can cushion the slight negative market sentiments arise from the renewable energy sector, guess Ranhill can have more diversified and sustainable revenue stream from the diversification through acquisition of two companies with excellent track record. Let's take a look on their next Q result.

The share price moving positively day by day, keep the good momentum going!!

I dont understand this, the company is making profit and riding on good prospect. As a rational investor, i think should look in a longer term

I think the reason why the gearing is so high is because of the issuance of Sukuk in the year of 2019. But Cypark SUKUK has a AA3/Stable rating from RAM ratings which premised on Cypark is having sufficient liquidity to weather construction delays and the consequential revenue loss suffered by the three solar power projects being financed by the Sukuk. It has a press release confirm by RAM, I guess the company is geared up to cater for expansion plan which will translate into earnings in the future.

https://www.ram.com.my/pressrelease/?prviewid=5550

Tomorrow will be the listing of Ramssol, looking at the oversubscription rate of 102.88 times and listing price of RM0.45. Mercury and RHB has given a fair value of RM 0.79 & RM0.76 respectively. Has anyone gotten the share?

Tomorrow will be the listing of Ramssol, looking at the oversubscription rate of 102.88 times and listing price of RM0.45. Mercury and RHB has given a fair value of RM 0.79 & RM0.76 respectively. Has anyone gotten the share?

Given the recent IPO frenzy ongoing in Malaysia, I have made some summary on the subscription rate as below:-

Yenher IPO: 13.8 times
Ramssol IPO: 102.88 times
Nestcon IPO: 57.13 times
Pekat IPO: 76 times
Tuju Setia IPO: 42.1 times

Not surprise with Ramssol crowning the subscription rate for the past two months as Ramssol is the first Tech IPO for year 2021. I guess the share price performance will spiked on the first day, what is everyone thought on this?

Just got my IPO application funds refunded.

Has anyone got lucky on this?

Damn, Ramssol's public issue has been heavily oversubscribed. What are the chances that I am getting my IPO application? :/

Anyone got theirs yet?

Has anyone notice the utilisation of proceeds for Ramssol? All the proceed will be used to fund their expansion across SEA region. Looking at the vast opportunity in this digital era for more digital adoption, I believed Ramssol is a really worth investing counter.

What's your thought on this?

What an unbelievable oversubscription rate the achieved by Ramssol, astonishing 102.88 times while competing with CTOS. I guess overall everyone is posting a very positive view on Ramssol, the first tech IPO in the year.

Looking at the oversubscription rate, I guess chances of me getting from balloting near to zero :(

With the recent “IPO Frenzy” happening around the globe, Malaysia had seen an increase in IPOs throughout 2021 too. With that many choices, it is hard to decide on which company would fit into your investment portfolio.

Let's look at Ramssol IPO, its the first Tech company going for Listed and the most interesting part is Tan Sri Lim Wee Chai do hold 5.14% of the shares. Ramssol has achieved 55% and 305% revenue and profit before tax CAGR.

Seems like another upside potential IPO has arrived in this 2H21. What is everyone thought on this?

Guess everyone might knows Ramssol is the first tech company going for IPO in 2021. Let's take a look at the PE valuation where the IPO price is at RM0.45 based on 13x PE, as compared to recent IPO of CTOS which its IPO price is at RM1.10 based on 63x PE. Looking at the difference of the PE, Ramssol might be relatively cheaper if looking at the PE valuation.

On a side note, we can dive deep into looking their ownership, where Ramssol is owned by the founding partner Mr. Cllement and Miss Miew Lan, whereas CTOS is controlled by Private Equity Firm, Creador which has an exit timeframe to maximize their IRR.

Also did listen to the BFM podcast, what is everyone thought on this?

https://www.bfm.my/podcast/morning-run/the-breakfast-grille/ramssol-growing-its-reach-across-sea

NEW IPO: RAMSSOL GROUP BERHAD
Board: Ace Market
Closing of application: 29/06/2021
Balloting of application: 02/07/2021
Allotment of IPO shares to successful applicants: 09/07/2021

Ramssol Group Berhad is one of the local leading human capital management solutions and technology provider, offering solutions in the field of human capital management seamlessly across not just Malaysia but also Singapore, Thailand, Indonesia and Vietnam.

Ramssol owns Feet’s, a revolutionary mobile application designed to help employers build and cultivate an engaging workforce. In year 2020, Ramssol is a reseller of Lark and Zoom, in Asia Pacific region. Later in August 2020, Ramssol expanded their business into the provision of IT-related training.

With a war chest of technology solutions and a focus on advancing people through technology, Ramssol boasts a client base consisting of reputable companies covering multinationals and local organizations throughout Southeast Asia. The Group’s revenue which continues to grow double digit year-on-year is poised to make a significant mark in corporate Malaysia.

Looking at Ramssol IPO, its the first Tech company going for Listed and the most interesting part is Tan Sri Lim Wee Chai do hold 5.14% of the shares. Furthermore, looking at the financial performance, it has posted a strong CARG.

There are some briefs about the company,
https://klse.i3investor.com/blogs/12stocktalk/2021-06-24-story-h1567003370.jsp

https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=24564

Seems like going to be HCM king in SEA region.

I attended their briefing, the prospects of this company seems attractive for me to invest, in fact, i've tried apply for their shares. not sure can get it or not. haha

We are one of the local leading human capital management (HCM) solutions and technology provider. Our unique approach of harnessing the power of people allowed us to grow our presence strategically and seamlessly across Malaysia, Singapore, Thailand, Indonesia and Vietnam.
If you wish to subscribe our share, application can be made in the following ways:
• By way of printed Application Forms (please refer to Section 15.4 of the Prospectus for application procedures); or
• By way of Electronic Share Application at ATMs of the following Participating Financial Institutions and their branches, namely Affin Bank Berhad, Alliance Bank Malaysia Berhad, AmBank (M) Berhad, CIMB Bank Berhad, Malayan Banking Berhad, Public Bank Berhad and RHB Bank Berhad. A processing fee will be charged by the respective Participating Financial Institutions (unless waived) for each Electronic Share Application; or
• By way of Internet Share Application through an internet financial services website of the Internet Participating Financial Institutions, namely Affin Bank Berhad, Alliance Bank Malaysia Berhad, CIMB Bank Berhad, CGS–CIMB Securities Sdn Bhd, Malayan Banking Berhad, Public Bank Berhad and RHB Bank Berhad. A processing fee will be charged by the respective Internet Participating Financial Institutions (unless waived) for each Internet Share Application.
#RamssolGroup
#Hrtech

https://www.facebook.com/2339925422911004/posts/3056753511228188/?d=n

Ramssol Group Berhad will launch the IPO Prospectus together with Kenanga Investment Bank Berhad as their Principal Advisor, Sponsor, Underwriter and Placement Agent.

https://www.facebook.com/Ramssolgroup/videos/388899795880247/

Post removed.Why?

Post removed.Why?