hughug

hughug | Joined since 2020-12-07

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Stock

3 hours ago | Report Abuse

EPS last quarter is increasing by about 40% YoY and it will keep increasing, this IPO increased speedmart cash position and it is about to open more stores and grow exponentially

I will not be surprised to see in one year time the YoY quarter will see 100% increase in EPS

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4 hours ago | Report Abuse

Speedmart is becoming a national asset, KWSP and big funds accumulating silently behind the scene

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3 days ago | Report Abuse

today i go speedmart buy super ring, it is RM1.90
back in early 2024, it was RM1.60

i don't feel a thing, because i am a shareholder of 99smart

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3 days ago | Report Abuse

just invest and chill, institutions will try and push it higher to be included into KLCI index

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3 days ago | Report Abuse

99smart has moat and large market share

Just the same as NVDA, PLTR and ASTS

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3 days ago | Report Abuse

So for each 1 lot of 100 shares, NTA of

99smart = RM 8.75
Mrdiy = RM 0.19

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3 days ago | Report Abuse

@Albukhary NTA comparison

99smart is 8.75 cents per share
Mrdiy is 0.19 cents per share

You can double check quarter report to confirm. Correct me if i am wrong.

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3 days ago | Report Abuse

Here are several key reasons why I believe stock 99 is poised for continued growth:

1. Funds Will Push the Price Up for KLSE Inclusion: In anticipation of KLSE index inclusion by November, funds are likely to push the stock price higher to meet the criteria for inclusion. This buying pressure will contribute to upward momentum.

2. Founder’s Strong Holding and Limited Retail Float: The founder controls over 80% of the shares, and with only 2.5% of the retail float available, there’s limited liquidity in the market. Additionally, 17% of shares are held by institutions who are likely not selling, further restricting available shares. This scarcity could drive prices higher as demand increases, especially when funds and mutual investors look to acquire shares.

3. Mutual Funds Have Yet to Include 99: Many mutual funds have not yet added 99 to their portfolios. Once the stock is confirmed for index inclusion, mutual fund buying could further fuel demand and push the price up.

4. Strong NTA: The company’s Net Tangible Assets (NTA) of 8.75 cents per share provide a solid foundation, supporting the stock’s valuation.

5. Strong Moat in the Mini-Market Segment: 99 has a 40% market share in the mini-market segment, which gives it a significant competitive edge. With further market share growth expected, this solidifies its long-term growth prospects.

6. Recession-Proof Business with Common Necessity Groceries: 99 operates in a recession-proof sector, primarily offering common and necessity groceries. This means that even during economic downturns, demand for its products remains stable, providing resilience against market volatility and making it a safer investment during uncertain times.

7. Branding and Awareness: 99 has established strong branding and awareness in Malaysia. It is a well-known name, and it's hard to find anyone in the country who isn’t familiar with the brand. This strong recognition can drive customer loyalty and repeat business, further enhancing its market position.

8. Budget 2025 and Government Salary Hike: With the upcoming Budget 2025 and anticipated government salary hikes, consumer spending on products is likely to increase. This boost in disposable income can lead to higher sales for 99, further supporting its growth trajectory.

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4 days ago | Report Abuse

based on NTA 8.75 and PE 40 the value is RM 5

still got room to go up

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5 days ago | Report Abuse

@Ravetidus you are right it is 8.75 cents per share, so 1 lot will 8.75 dollars :)

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2020-12-14 22:38 | Report Abuse

K1老板说公司有 51m 你们要保重

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2020-12-11 14:30 | Report Abuse

K1老板说 CSL 疫苗出了问题让 Vaxine 疫苗少了竞争对手你们自己要保重

https://www.bloomberg.com/news/articles/2020-12-10/australia-cancels-order-for-csl-vaccine-as-trial-stumbles

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2020-12-10 22:24 | Report Abuse

K1老板说 announcement 要出了你们要保重

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2020-12-10 18:40 | Report Abuse

K1老板说 merry christmas happy new year 你们要保重

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2020-12-10 15:13 | Report Abuse

K1老板说三个月后也不给他起飞你们要保重

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2020-12-10 09:40 | Report Abuse

K1老板说要出坏消息你们要保重

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2020-12-09 20:23 | Report Abuse

K1老板说不给他起飞你们要保重

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2020-12-08 19:19 | Report Abuse

K1老板说不给他起飞你们要保重

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2020-12-08 00:02 | Report Abuse

k1 will hit rm2 by end of this month