https://theedgemalaysia.com/node/685344 TALK is swirling in retail circles that 99 Speed Mart Sdn Bhd, the home-grown operator of the 99 Speedmart grocery chain, is headed for a listing on Bursa Malaysia. The initial public offering (IPO) may take place in the second half of 2024, sources say.
With about 10% ROE for the past few years, it is a reasonable performance. The challenge is that from a fundamental perspective, the price is way more than its business value.
This company have solid management - share price very low for a company that is one of the leaders in payment terminals and payment for order flow. Compared to 2 other companies GHL system trading at 39x and revenue harvest (loss making) this is good value! Buy Buy Buy! Can only get stronger!
robust growth ahead, with 99SpeedMart listing, lots of store expansion. e-digitalisation, e-invoice, AI integration etc. and the acquisition of HR Rymnet is gonna spur another level of earnings growth, very good acquisition this one.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Income
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Posted by Income > 2023-08-30 07:10 | Report Abuse
Mikec tak jaga reban ni.
Gatal kencing di merata rata tempat. Haizzz