Posted by EatCoconutCanWin > 2021-12-29 13:42 | Report Abuse

PE at 30, still can apply this IPO?

Posted by newbie8080 > 2021-12-29 14:34 | Report Abuse

Quite similar with Mr DIY

Having outlets nationwide, sales through physical store and online.

Mr.Diy trading at pe=55 due to it's larger revenue, profit and PAT%.

Can allocate a 30% discount at pe=38.

Still have some upside, if the quarter result disclose before listing day of at LEAST RM340mil and PAT=15mil

Posted by BE_GREEEEEDY > 2021-12-30 00:50 | Report Abuse

Senheng = another MR DIY in the Making
huartt arrrrr $$$$$

Posted by mamatede > 2022-01-03 14:03 | Report Abuse

Who need Senheng when you can just online order your appliance direct from official distributor???? The management know their current business model do not have a bright future so better to reduce stake through IPO.

Posted by cu29ok > 2022-01-03 14:08 | Report Abuse

Just walk into DIY store and SH store, then you will know SH business model for offline business vs DIY. I don't think will create another 'DIY'.

Posted by newbie8080 > 2022-01-03 14:15 | Report Abuse

@mamatede

I think Senheng model is bringing all brands under one roof.

Customers can make comparison in one site.

It also offers BNPL, installment plans, loyalty programme,etc.

Large brands like panasonic, samsung,etc will take this advantage of leaving it to distributors like Senheng to handle logistics direct to customer.

It helps manufacturers to reduce fixed cost like shop rental, salesman and payment hassle with banks.

Posted by EatCoconutCanWin > 2022-01-04 12:17 | Report Abuse

Selling 3rd parties products can't sustain profit.

Posted by BE_GREEEEEDY > 2022-01-05 06:41 | Report Abuse

KUALA LUMPUR: Main Market-bound Senheng New Retail Bhd posted a 21.2% jump in net profit to RM41.1mil in the nine months ended Sept 30, 2021, compared to RM28.1mil in the same period in 2020 as group revenue rose on higher sales.

Worst flood then Govt Aids to Nation Flood Victims in many states >> Mega BOON $$$ to Senheng

Posted by ktrader > 2022-01-05 07:19 | Report Abuse

yess...damaged electrical goods by the flood have to be replaced...well uncle senheng outlets are ready to cater the demand...lets see what analysts from investment banks will say of the fair value ya..

Posted by BE_GREEEEEDY > 2022-01-05 10:11 | Report Abuse

Hundreds millions RM to replace flood electrical appliances nation wide worrr = BOON to Senheng $$$$$$$

Posted by amateurJR > 2022-01-05 17:17 | Report Abuse

eatcoconut, cant sustain profit still better than u always cut loss

Posted by newbie8080 > 2022-01-06 13:36 | Report Abuse

https://www.bfm.my/podcast/morning-run/the-breakfast-grille/senhengs-ipo-plans-to-dominate-the-market

Posted by ktrader > 2022-01-06 14:31 | Report Abuse

Still no FV from IBs?

Posted by ktrader > 2022-01-06 16:13 | Report Abuse

https://www.theedgemarkets.com/article/ta-securities-values-senheng-rm121

Posted by najmie > 2022-01-07 19:49 | Report Abuse

https://sg.docworkspace.com/d/sIGO4o4pJltHgjgY

Posted by Winningstrategy > 2022-01-07 22:39 | Report Abuse

Below 1.10 can consider to Q buy

Posted by BE_GREEEEEDY > 2022-01-08 14:40 | Report Abuse

senheng will be the next mr diy
affin put mr diy ipo fair value of RM 1.21 way below the ipo price of RM 1.60
what a shock ,,,MR DIY HIT record high RM 4.38 - 2 months after the IPO
hmmm ...Tactic by institutional / bank to collect Mr DIY IPO

Posted by najmie > 2022-01-12 18:33 | Report Abuse

Wow...

Posted by newguy0801 > 2022-01-12 18:34 | Report Abuse

Borrow loan to join? HAHAHA

Posted by richardsharing > 2022-01-13 12:50 | Report Abuse

Would market treats senheng as another mrdiy? Interesting

Posted by BE_GREEEEEDY > 2022-01-13 15:02 | Report Abuse

Look like Senheng is Mr DIY in the Making
Oversubscribed 10.44 is much better than DIY
All TP Solid $

Posted by 631207115149 > 2022-01-13 15:28 | Report Abuse

TP ?

Posted by alan_azs > 2022-01-13 19:55 | Report Abuse

Got 50k lot uhuuuuuu

Posted by newguy0801 > 2022-01-13 20:03 | Report Abuse

You got 50,000,000 units? 1 lot = 100 unit, brother.

Posted by alan_azs > 2022-01-13 20:58 | Report Abuse

Mistake 50k unit lowh

Posted by newguy0801 > 2022-01-13 21:05 | Report Abuse

Haha, I thought you are a billionaire or something.

Posted by newguy0801 > 2022-01-13 21:07 | Report Abuse

I also typed an additional zero, should be 5 millions instead of 50 millions

Posted by najmie > 2022-01-13 22:07 | Report Abuse

Wow...congrats..

Posted by newguy0801 > 2022-01-13 22:08 | Report Abuse

Oops, forgot to say congrats.

Posted by newguy0801 > 2022-01-13 22:08 | Report Abuse

Perks of being rich = can join good IPOs

Posted by OKU_2020 > 2022-01-13 22:33 | Report Abuse

James Yeo Is Senheng another MR DIY in the Making? Check out our write-up and 9 Key Things Investors should know about SenHeng New Retail IPO here:

https://www.smallcapasia.com/senheng-ipo-9-key-things-investors-should...

Posted by samflyer > 2022-01-15 10:35 | Report Abuse

@OKU, both are retailers with good management and vision to take the company forward. Both only focuses on Malaysia and increasing the the mkt share within. If you compare the PE of 54 for MrDiy to 24 for Senheng, you can think this through lah. Even if you apply 20% margin of safety to MrDiy, do your maths lah.

Posted by Slumberjer > 2022-01-16 21:19 | Report Abuse

My opinion this counter can go to RM3.50 in 2 months. Lucky those can get the IPO price

Posted by Vicky > 2022-01-16 21:21 | Report Abuse

Hello...tech stocks sell down...so impression on SenHeng also not spared

Posted by newguy0801 > 2022-01-16 21:35 | Report Abuse

Just two small reminders for everyone

Posted by newguy0801 > 2022-01-16 21:37 | Report Abuse

1) Not all tech-related stocks are categorized as Tech Stocks.
2) Not every tech stocks are made equal.

Posted by BE_GREEEEEDY > 2022-01-17 00:11 | Report Abuse

5/01/2022 10:35 AM
Slumberjer My opinion this counter can go to RM3.50 in 2 months. Lucky those can get the IPO price
16/01/2022 9:19 PM
---------------------
Pergghhhh...-Potential RM 4.00 ++
After all Tiger Year CNY What,,,,,

Posted by najmie > 2022-01-17 18:47 | Report Abuse

Ha3...so confident..i'm waiting that moment..got 10 lot

Posted by Will188 > 2022-01-17 20:51 | Report Abuse

Swift new ipo also die.. Logistic demand more than supply.. Price increase yet stock price below ipo

Posted by Will188 > 2022-01-17 21:16 | Report Abuse

Also CTOS dropping now. Never like Mrdiy

Posted by Diamond7 > 2022-01-18 08:20 | Report Abuse

How to check for the IPO allotment? Kindly give me the info.
Thank you

Posted by Slumberjer > 2022-01-18 12:27 | Report Abuse

CNY coming some more. Everyone with their own speculation based on their experience. Whatever it is those who get ipo is lucky

Posted by Philip ( buy what you understand) > 2022-01-18 12:37 | Report Abuse

their flagship stores are all in malls, covid deterrant and high cost of rental. not very interesting and cannot compare with diy store as the SKU is more, profit margin is higher, and costs are less.

you can open a mr diy at the base of mount kinabalu, you can't say the same and open a senheng at the base of mount kinabalu.

Hving said that, there is a speedmart 99 and a mr diy at the ranau base of mount Kinabalu.

>>>>>>>>

Posted by newbie8080 > Dec 29, 2021 2:34 PM | Report Abuse

Quite similar with Mr DIY

Having outlets nationwide, sales through physical store and online.

Mr.Diy trading at pe=55 due to it's larger revenue, profit and PAT%.

Can allocate a 30% discount at pe=38.

Still have some upside, if the quarter result disclose before listing day of at LEAST RM340mil and PAT=15mil

Posted by BE_GREEEEEDY > 2022-01-20 09:34 | Report Abuse

very good positive EXPLOSIVE IMPACT from CORAZA IPO LISTING TODAY
150 % TIGER YEAR ANGPOWS OPENING TODAY

Posted by InterFund® > 2022-01-20 11:18 | Report Abuse

TP RM2..............................

Posted by najmie > 2022-01-20 20:46 | Report Abuse

Wow....Senheng ipo

Posted by OKU_2020 > 2022-01-20 21:24 | Report Abuse

InterFund® TP RM2..............................
20/01/2022 11:18 AM
---------
RM 2 ? possible beb merely 87 % where as today coraza hit 70.5 sen for 152 %

BALOOOON $

Posted by BE_GREEEEEDY > 2022-01-20 22:15 | Report Abuse

latest RM 1.27 by Inter -Pacific
huarttt chaiiii $$$$$$

Posted by thebesticould > 2022-01-21 14:19 | Report Abuse

anyone received their shares in cds?

Posted by ktrader > 2022-01-21 18:37 | Report Abuse

My shares already in cds...checked thru bursa anywhere