SENHENG NEW RETAIL BERHAD

KLSE (MYR): SENHENG (5305)

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Last Price

0.305

Today's Change

+0.005 (1.67%)

Day's Change

0.30 - 0.305

Trading Volume

258,900


3 people like this.

1,355 comment(s). Last comment by monkeyDoz 4 days ago

Good123

24,748 posts

Posted by Good123 > 2 months ago | Report Abuse

Dato’ Yeow Wah Chin
Independent Non-Executive Director
Malaysian Age 63 Male
Chairperson of Nomination Committee
Member of Remuneration Committee
Date of Appointment 14 June 2021
Number of Board Meetings Attended 8/8
Academic/Professional Qualification(s):
Bachelor of Economics (Honours) degree from Universiti
Kebangsaan Malaysia in 1984
Bachelor of Laws (Honours) degree from University
College of Wales, Aberystwyth, United Kingdom in 1991
Called to the Malaysian Bar as an advocate and solicitor
in 1993
Member of ICDM since August 2021

Good123

24,748 posts

Posted by Good123 > 2 months ago | Report Abuse

Ho Kim Poi
Independent Non-Executive Director
Malaysian Age 60 Female
Chairperson of Audit and Risk Management Committee
Member of Nomination Committee
Date of Appointment 14 June 2021
Number of Board Meetings Attended 8/8
Academic/Professional Qualification(s):
Bachelor of Science degree from University of Adelaide,
Australia in 1987
Master of Business Administration from the University of
Lincoln, United Kingdom in 2001
Member of the Malaysian Institute of Accountants and
CPA Australia since 1990 and 1991 respectively
Member of ICDM since August 2021

Good123

24,748 posts

Posted by Good123 > 2 months ago | Report Abuse

Tan Ler Chin
Independent Non-Executive Director
Malaysian Age 63 Female
Member of Audit and Risk Management Committee
Member of Nomination Committee
Member of Remuneration Committee
Date of Appointment 14 June 2021
Number of Board Meetings Attended 8/8
Academic/Professional Qualification(s):
Bachelor of Economics (Honours) degree from Universiti
Kebangsaan Malaysia in 1983
Member of ICDM since August 2021

Good123

24,748 posts

Posted by Good123 > 2 months ago | Report Abuse

Academic/Professional Qualification(s):
Fellow member of Association of Chartered Certified Accountants
Member of Malaysian Institute of Accountants
Mr. Mah joined Senheng Electric (KL) Sdn Bhd in 2008 as the Head of
Finance Division, and was later promoted to hold the position of Chief
Financial Officer in 2016. Since 6 December 2022, Mr. Mah is a Senior
Vice President of Human Resource, Admin and Corporate Compliance
Divisions to Senheng New Retail Berhad’s Group.
Mr. Mah has more than 25 years of experience in the manufacturing
and retail industries with a focus in areas covering finance & accounting,
corporate finance, corporate management, governance, risk management
and compliance

Good123

24,748 posts

Posted by Good123 > 2 months ago | Report Abuse

Kiew Kor Shin
Chief Financial Officer /
Vice President of Finance
Phang Weng Nam
Senior Vice President of
Digital Commerce and Supply Chain
Academic/Professional Qualification(s):
Fellow member of Association of Chartered Certified Accountants
Member of Malaysian Institute of Accountants
Mr. Mah joined Senheng Electric (KL) Sdn Bhd in 2008 as the Head of
Finance Division, and was later promoted to hold the position of Chief
Financial Officer in 2016. Since 6 December 2022, Mr. Mah is a Senior
Vice President of Human Resource, Admin and Corporate Compliance
Divisions to Senheng New Retail Berhad’s Group.
Mr. Mah has more than 25 years of experience in the manufacturing
and retail industries with a focus in areas covering finance & accounting,
corporate finance, corporate management, governance, risk management
and compliance.
Academic/Professional Qualification(s):
Member of Association of Chartered Certified Accountants
Member of Malaysian Institute of Accountants
Ms. Kiew began her career as an account executive in Senheng Electric
(KL) Sdn Bhd and was promoted as Head of Department for Corporate
Accounts Department in 2014 to 2019. She was then promoted to hold
the position as Division Head of Finance to Senheng New Retail Berhad’s
Group (the “Group”). She was promoted as a Vice President of Finance
on 1 June 2022 and was subsequently appointed to hold the position as
a Chief Financial Officer of the Group on 1 July 2022.
Ms. Kiew is a Chartered Certified Accountant with over 8 years of
experience in corporate accounting, financial planning, and analysis.
As the Chief Financial Officer, she oversees the overall finance-related
matters for the Group, including financial compliance, reporting, and
funding. She has a solid background in managing treasury, tax, and audit
matters and has a track record of successful financial management and
planning.
Academic/Professional Qualification(s):
Bachelor of Science (Human Resource Development), Universiti
Teknologi Malaysia
Mr. Phang began his career and joined Senheng Electric (KL) Sdn Bhd as
an operation and sales executive in 2004. Over the years, Mr. Phang held
the position as Division Head for Digital Gadgets and was subsequently
promoted to become Vice President of Digital Commerce in September
2020. Since 1 June 2022, Mr. Phang holds the position as a Senior Vice
President of Digital Commerce and Supply Chain.
Mr. Phang has more than 16 years of experience in supply chain
management, digital commerce, and operations. He is responsible for
driving the growth of our Group’s online business and implementing
supply chain strategies to enhance operational efficiency.
Age 50
Male
Malaysian
Age 32
Female
Malaysian
Age 42
Male
Malaysian

Good123

24,748 posts

Posted by Good123 > 2 months ago | Report Abuse



5305 SENHENG SENHENG NEW RETAIL BERHAD
MULTIPLE PROPOSALS
MULTIPLE PROPOSALS
SENHENG NEW RETAIL BERHAD ("SENHENG" OR THE "COMPANY")(I) ACQUISITION OF LAND
TOGETHER WITH THE BUILDINGS ERECTED THEREON, WHICH IS CURRENTLY BEING USED AS A
CENTRAL DISTRIBUTION CENTRE, FOR A PURCHASE CONSIDERATION OF RM75.8 MILLION TO
BE SATISFIED ENTIRELY IN CASH ("ACQUISITION"); AND (II) VARIATION OF THE
UTILISATION OF PROCEEDS RAISED FROM THE COMPANY'S INITIAL PUBLIC OFFERING
("VARIATION")(COLLECTIVELY, REFERRED TO AS THE "CORPORATE EXERCISES")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

22/12/2023 07:00 AM


Ref Code: 202312223000211

warchest

1,741 posts

Posted by warchest > 1 month ago | Report Abuse

this is a dinosaur business with overloaded highly paid directors and management team. the share price reflects it poor financials and working capital management. the highly paid management team some early 30s but with monthly salary of RM50k a month.

Posted by KopioDinosaur > 1 month ago | Report Abuse

lousy company

Posted by Balian de Ibelin > 1 month ago | Report Abuse

despite going to 3 outlets, wanted to buy twin door fridge, TV and washing machine,
all dun have stock and must pay booking, wait 2 months, cannot sell demo model.

Go to Best, all have stock and promise deliver in less than 7 days. 😁


Posted by KopioDinosaur > 3 minutes ago | Report Abuse

lousy company

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Dividend yield 4.14%++ IPO price RM1.07...

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

good buy currently... more n more tourists are coming... it also helps to boost its sales

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

dividend yield 4%++ higher than FD while waiting for its share price to rebound....

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Share Issued1.500b
Market Cap RM434.999m@29sen
Entitlement-Syariah Yes

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Direct Deal

History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
14/10/2022 00:00:00 0.6400 - 204,400 204,400 130,816 130,816 0.6400 0.0136 -
13/10/2022 00:00:00 0.6450 - 476,900 476,900 307,601 307,601 0.6450 0.0318 -
30/08/2022 00:00:00 0.6900 -0.0300 800,000 800,000 552,000 552,000 0.6900 0.0533 -
28/07/2022 00:00:00 0.6200 0.0250 880,400 880,400 545,848 545,848 0.6200 0.0587 -
27/07/2022 00:00:00 0.6250 0.0400 860,000 860,000 537,500 537,500 0.6250 0.0573 -
25/07/2022 00:00:00 0.6300 0.0250 1.725m 1.725m 1.087m 1.087m 0.6300 0.1150 -
07/07/2022 00:00:00 0.5650 -0.0300 1.725m 1.725m 974,851 974,851 0.5650 0.1150 -
05/07/2022 00:00:00 0.5700 -0.0550 1.740m 1.740m 991,800 991,800 0.5700 0.1160 -
28/06/2022 00:00:00 0.6000 -0.0300 47,000 47,000 28,200 28,200 0.6000 0.0031 -
27/06/2022 00:00:00 0.6000 -0.0050 17,000 17,000 10,200 10,200 0.6000 0.0011 -
15/06/2022 00:00:00 0.5900 -0.0200 1.629m 1.629m 961,346 961,346 0.5900 0.1086 -
20/05/2022 00:00:00 0.8000 -0.0050 10,000 10,000 8,000 8,000 0.8000 0.0007 -
13/05/2022 00:00:00 0.8000 0.0050 10,000 10,000 8,000 8,000 0.8000 0.0007 -
27/04/2022 00:00:00 0.7000 -0.1450 111,000 111,000 77,700 77,700 0.7000 0.0074 -
26/04/2022 00:00:00 0.8000 -0.0500 145,800 145,800 116,640 116,640 0.8000 0.0097 -
03/03/2022 00:00:00 0.8400 -0.0100 45,800 1.602m 38,472 1.265m 0.7898 0.0031 -
03/03/2022 00:00:00 0.8400 -0.0100 151,400 1.602m 127,176 1.265m 0.7898 0.0101 -
03/03/2022 00:00:00 0.8400 -0.0100 66,200 1.602m 55,608 1.265m 0.7898 0.0044 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 62,800 1.602m 52,752 1.265m 0.7898 0.0042 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 62,300 1.602m 52,332 1.265m 0.7898 0.0042 -
03/03/2022 00:00:00 0.8400 -0.0100 40,000 1.602m 33,600 1.265m 0.7898 0.0027 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 50,000 1.602m 42,000 1.265m 0.7898 0.0033 -
03/03/2022 00:00:00 0.8400 -0.0100 40,000 1.602m 33,600 1.265m 0.7898 0.0027 -
03/03/2022 00:00:00 0.8400 -0.0100 58,300 1.602m 48,972 1.265m 0.7898 0.0039 -
03/03/2022 00:00:00 0.8400 -0.0100 150,000 1.602m 126,000 1.265m 0.7898 0.0100 -
03/03/2022 00:00:00 0.7000 -0.1500 429,000 1.602m 300,300 1.265m 0.7898 0.0286 -
03/03/2022 00:00:00 0.7000 -0.1500 145,800 1.602m 102,060 1.265m 0.7898 0.0097 -
25/01/2022 00:00:00 0.9000 -0.1700 200,000 200,000 180,000 180,000 0.9000 0.0133 -
Summary from 25/01/2022 to 14/10/2022
Highest Price 0.9000 First Occurred on 25/01/2022
Lowest Price 0.5650 First Occurred on 07/07/2022
Highest Volume 1.740m First Occurred on 05/07/2022

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

52w 0.285 - 0.485
ROE 4.69
P/E 17.08
EPS 1.70
DPS 1.20
DY 4.14%

NTA 0.3627
P/B 0.80
RPS 87.67
PSR 0.33
Market Cap 435.0M
Shares (mil) 1,500.00

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Date Price Open High Low Volume
2024-03-14 0.295 0.290 0.295 0.290 579,000
2024-03-13 0.290 0.300 0.300 0.285 2,074,900
2024-03-12 0.295 0.300 0.300 0.285 2,179,900
2024-03-11 0.300 0.295 0.300 0.290 1,405,800
2024-03-08 0.300 0.295 0.300 0.290 1,453,100
2024-03-07 0.300 0.295 0.300 0.290 1,761,500
2024-03-06 0.295 0.300 0.300 0.290 892,100
2024-03-05 0.300 0.295 0.300 0.295 534,200
2024-03-04 0.300 0.300 0.300 0.295 277,500
2024-03-01 0.300 0.300 0.305 0.300 448,600
2024-02-29 0.300 0.300 0.305 0.300 491,900
2024-02-28 0.300 0.305 0.305 0.300 241,000
2024-02-27 0.305 0.305 0.310 0.300 283,000
2024-02-26 0.305 0.305 0.315 0.305 477,200
2024-02-23 0.310 0.305 0.315 0.305 411,300
2024-02-22 0.310 0.305 0.310 0.300 758,500
2024-02-21 0.305 0.310 0.310 0.305 301,600
2024-02-20 0.315 0.310 0.315 0.305 282,900
2024-02-19 0.315 0.310 0.315 0.305 491,000
2024-02-16 0.315 0.310 0.315 0.310 235,200
2024-02-15 0.310 0.310 0.315 0.305 883,100
2024-02-14 0.305 0.315 0.315 0.305 695,200
2024-02-13 0.305 0.310 0.315 0.305 1,259,000
2024-02-09 0.305 0.305 0.305 0.300 251,800
2024-02-08 0.305 0.305 0.305 0.295 697,500
2024-02-07 0.300 0.300 0.305 0.300 260,300
2024-02-06 0.295 0.305 0.305 0.295 887,100
2024-02-05 0.305 0.305 0.305 0.300 444,100
2024-02-02 0.305 0.300 0.305 0.300 300,100
2024-01-31 0.305 0.295 0.305 0.295 1,241,900
2024-01-30 0.295 0.315 0.315 0.295 2,976,900
2024-01-29 0.315 0.310 0.315 0.305 541,800
2024-01-26 0.310 0.320 0.320 0.305 3,596,200
2024-01-24 0.320 0.315 0.320 0.310 1,669,600
2024-01-23 0.315 0.330 0.330 0.310 4,404,800
2024-01-22 0.325 0.335 0.335 0.325 1,504,800
2024-01-19 0.335 0.330 0.335 0.330 326,500
2024-01-18 0.330 0.335 0.335 0.330 1,404,800
2024-01-17 0.335 0.335 0.340 0.325 1,886,700
2024-01-16 0.330 0.335 0.340 0.330 2,243,300
2024-01-15 0.335 0.335 0.340 0.330 796,500
2024-01-12 0.335 0.330 0.345 0.325 5,259,400
2024-01-11 0.330 0.335 0.335 0.330 983,400
2024-01-10 0.335 0.340 0.340 0.330 1,308,500
2024-01-09 0.335 0.340 0.340 0.335 1,916,100
2024-01-08 0.340 0.340 0.345 0.340 2,351,500
2024-01-05 0.340 0.330 0.345 0.330 2,571,600
2024-01-04 0.330 0.335 0.340 0.325 2,857,600
2024-01-03 0.335 0.330 0.335 0.325 684,300
2024-01-02 0.330 0.330 0.335 0.330 455,500
2023-12-29 0.330 0.330 0.330 0.325 462,100
2023-12-28 0.330 0.325 0.335 0.325 825,600
2023-12-27 0.330 0.330 0.335 0.325 421,600
2023-12-26 0.330 0.330 0.330 0.325 594,900
2023-12-22 0.330 0.330 0.330 0.325 1,888,500
2023-12-21 0.335 0.330 0.335 0.330 191,000
2023-12-20 0.330 0.330 0.335 0.325 907,400
2023-12-19 0.335 0.325 0.335 0.325 254,500
2023-12-18 0.330 0.330 0.335 0.330 1,550,100

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Retail Group Malaysia projected a moderate improvement in retail sector growth to 3.5% in 2024, compared to
2.8% in 2023.

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

The group is intensifying its online and social media marketing campaigns, as well as rewards and promotions to
drive sales. These efforts aim to boost traffic, increase customer footfall, and enhance PlusOne membership engagement

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Concurrently, the Group is refining its omnichannel retail model to enhance the overall shopping experience. In 2024, the
Group is heightening its focus on improving online presence, e-commerce, and social media channels, alongside its integrated
Offline-Merge-Offline retail strategy, to provide seamless shopping experiences in line with latest retail trends.

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Additionally, the Group is executing its Territory Champion store expansion and upgrading program to enhance in-store
experiences nationwide and boost per-store sales.

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

NBV per share and retained earnings/reserves UP UP :)

SENHENG NEW RETAIL BERHAD
Registration No. 202101019079 (1419379-T)
Unaudited Condensed Consolidated Statements of Financial Position
As at 31 December 2023
Unaudited Audited
As at 31.12.2023 As at 31.12.2022
Note RM RM
ASSETS
Non-current assets
Property, plant and equipment 243,885,713 155,346,086
Right-of-use assets 110,252,534 115,977,283
Intangible assets 120,402 15,818
Deferred tax assets 7,508,247 11,975,766
Other receivables 26,949,438 27,453,389
Total non-current assets 388,716,334 310,768,342
Current assets
Inventories 269,584,896 250,055,392
Other investments 17,427,928 26,433,045
Trade and other receivables 111,109,877 92,117,285
Current tax assets 23,543,118 15,573,657
Cash and cash equivalents 87,368,474 155,491,750
Total current assets 509,034,293 539,671,129
TOTAL ASSETS 897,750,627 850,439,471
EQUITY AND LIABILITIES
Equity attributable to the owners of the Company
Share capital 427,867,671 427,867,671
Reserves 116,213,910 101,254,170
Total equity 544,081,581 529,121,841
Non-current liabilities
Lease liabilities 59,449,936 72,948,956
Deferred tax liabilities 82,368 24,705
Provision for restoration costs 6,495,486 5,789,149
Contract liabilities 41,081,267 42,762,109
Total non-current liabilities 107,109,057 121,524,919
Current liabilities
Trade and other payables 95,920,087 101,733,753
Lease liabilities 30,832,419 28,091,495
Provision for restoration cost 1,278,598 884,630
Contract liabilities 46,507,003 44,490,906
Borrowings 22 71,500,000 24,000,000
Current tax liabilities 521,882 591,927
Total current liabilities 246,559,989 199,792,711
Total liabilities 353,669,046 321,317,630
TOTAL EQUITY AND LIABILITIES 897,750,627 850,439,471
Net assets per share (sen) 36.27 35.27

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

29/36.27 is ~20% below the net book value for a retailing group. dividend yield of 4.14%. 29/107~73% before its IPO price of RM1.07

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

In **Malaysia**, consumer spending is expected to exhibit resilience in **2024** despite the weakening of the ringgit against the US dollar. Here are some key points:

1. **Improving Labor Market**: The ongoing improvement in the labor market plays a pivotal role. The anticipated jobless rate is projected to average **3.2%** in 2024, slightly down from **3.4%** in the previous year. This positive trend reinforces robust consumer confidence.

2. **Manageable Inflation**: The manageable inflationary pressure, projected by the Finance Ministry at **2.1% to 3.6%**, adds stability to the economic landscape. Individuals can make informed purchasing decisions without excessive price hikes.

3. **Distributive Trade Index (DTI)**: In January 2024, Malaysia's DTI increased by **3.5%** year-on-year. The positive momentum is driven by an improved labor market and manageable inflationary pressures. Gains were observed across retail trade, motor vehicles, and wholesale trade.

4. **Sales Growth Outlook**: Kenanga Research projects overall sales growth to accelerate in 2024, driven by strong domestic demand and a stable, lower unemployment rate. They maintain a forecast of an **8%** increase in DTI, up from **7.7%** in 2023.

5. **Gross Domestic Product (GDP)**: RHB Research maintains an optimistic view of the manufacturing sector, expecting a rebound. The export-oriented segment, buoyed by technology upswing and China's gradual economic recovery, contributes to the overall growth outlook.

In summary, while external factors like currency fluctuations exist, Malaysia's consumer spending resilience remains supported by labor market improvements and inflation management¹³. 🌟💰

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Last Price

0.29

Avg Target Price

0.90

Upside/Downside

+0.61 (210.34%)

https://klse.i3investor.com/web/stock/analysis-price-target/5305

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

April 30, 2024 expires :)

5305CG SENHENG-CG SENHENG-CG: CW SENHENG NEW RETAIL BERHAD
Listing Information & Profile for Structured Warrants
Instrument Category : Structured Warrants
Instrument Type : CALL WARRANTS
Description : European Style Non-Collateralised Cash Settled
Underlying Stock : SENHENG NEW RETAIL BERHAD
Issuer : MAYBANK INVESTMENT BANK BERHAD
Stock Code : 5305CG
Stock Short Name : SENHENG-CG
ISIN Code : MYL5305CGY40
Board : Structured Warrants
Sector : CONSUMER PRODUCTS & SERVICES
Initial Listing Information :
Listing Date : 08/05/2023
Term Sheet Date : 05/05/2023
Issue Date : 05/05/2023
Issue / Ask Price : Malaysian Ringgit (MYR) 0.1500
Issue Size in Unit : 100,000,000.0000
Maturity Date : 30/04/2024
Name of Guarantor: Not Applicable
Name of Trustee: Not Applicable
Coupon/Profit/Interest/Payment Rate: Not Applicable
Coupon/Profit/Interest/Payment Frequency: Not Applicable
Redemption: Not Applicable
Exercise/ Strike/ Conversion Price : Malaysian Ringgit (MYR) 0.5800
Revised Exercise/ Strike/ Conversion Price :
Exercise/ Conversion Ratio : 0.5:1
Revised Exercise/ Conversion Ratio :
Settlement Type/ Convertible into : Cash
Name and contact details of the market maker (if applicable) : Equity &
Commodity Derivatives c/o Maybank Investment Bank Berhad 32nd Floor, Menara
Maybank 100, Jalan Tun Perak 50050 Kuala Lumpur Tel: 03-2059 1888
Circumstances under which the market maker may not be able to provide quotes
(if applicable) : Please refer to Section 4.4 of the Base Prospectus dated 8
December 2022.
Remarks :
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

05/05/2023 07:00 AM


Ref Code: 202305053000027

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

at current dirt cheap price, the mgmt would have approached some fund mgrs to buy their shares. i think the fund mgrs would have given them some tips for improvements. stay invested.. dirt cheap indeed

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

bottom fishing price hahaha

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

buy3. Analyst Consensus
Consensus Target PriceRM0.62
DifferenceRM0.33
Potential Gain/Loss (%)113.79%
Consensus Date25 Nov 2022
Outperform

https://www.bursamarketplace.com/mkt/themarket/stock/SENH

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

TOP 10 Investors (As of Latest Filing)
INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE FILING SOURCE
SQ Digital Sdn. Bhd. 57.97 869.60 869.60 167.59 31-Mar-2022 Other Substantial/Declarable
Lim (Kim Heng) 5.59 83.80 83.80 16.15 31-Mar-2022 Malaysia Insider
Lim (Kim Chieng) 5.45 81.80 81.80 15.76 31-Mar-2022 Malaysia Insider
Lim (Kim Yew) 5.42 81.30 81.30 15.67 31-Mar-2022 Malaysia Insider
Great Eastern Life Assurance (Malaysia) Berhad 1.40 20.97 20.97 4.04 31-Mar-2022 Other Substantial/Declarable
Employees Provident Fund (EPF) 0.92 13.83 13.83 2.67 31-Mar-2022 Other Substantial/Declarable
Eastspring Investments Berhad 0.78 11.70 11.70 2.25 31-Mar-2022 Other Substantial/Declarable
Statens Pensjonsfond Utland 0.74 11.14 11.14 1.53 31-Dec-2022 MF
Eastspring Investments Small-cap Fund 0.69 10.32 0.00 1.42 31-Dec-2022 MF
Norges Bank Investment Management (NBIM) 0.69 10.41 10.41 2.01 31-Mar-2022 Other Substantial/Declarable

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Ownership Type (As of Latest Filing)
TYPE INVESTORS % O/S POSITION (M Shares) VALUE(M USD)
Corporation 4 58.64 879.65 169.53
Individual Investor 17 17.64 264.47 50.97
Investment Advisor 8 2.72 40.81 7.75
Mutual Fund 27 2.61 39.25 5.38
Insurance Company 1 1.4 20.97 4.04
Sovereign Wealth Fund 1 0.69 10.41 2.01
Government Agency 1 0.53 8.00 1.54
Pension Fund 1 0.17 2.50 0.48

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Price-To-Earnings vs Peers: SENHENG is good value based on its Price-To-Earnings Ratio (17.4x) compared to the peer average (21.5x).

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Quality Earnings: SENHENG has high quality earnings.

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Financial Health criteria checks 6/6

Senheng New Retail Berhad has a total shareholder equity of MYR544.1M and total debt of MYR71.5M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are MYR897.8M and MYR353.7M respectively. Senheng New Retail Berhad's EBIT is MYR33.6M making its interest coverage ratio -51.9. It has cash and short-term investments of MYR104.8M.

Financial Health Score 6/6

Short Term Liabilities

Long Term Liabilities

Debt Level

Reducing Debt

Debt Coverage

Interest Coverage

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Key information
13.1%

Debt to equity ratio

RM71.50m

Debt

Interest coverage ratio -51.9x
Cash RM104.80m
Equity RM544.08m
Total liabilities RM353.67m
Total assets RM897.75m

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Short Term Liabilities: SENHENG's short term assets (MYR509.0M) exceed its short term liabilities (MYR246.6M).

Long Term Liabilities: SENHENG's short term assets (MYR509.0M) exceed its long term liabilities (MYR107.1M).

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Debt Level: SENHENG has more cash than its total debt.

Reducing Debt: SENHENG's debt to equity ratio has reduced from 19.3% to 13.1% over the past 5 years.

Debt Coverage: SENHENG's debt is well covered by operating cash flow (22%).

Interest Coverage: SENHENG earns more interest than it pays, so coverage of interest payments is not a concern.

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Key information
4.7%

Dividend yield

27%

Payout ratio

Industry average yield 3.7%
Next dividend pay date n/a
Ex dividend date n/a
Dividend per share RM0.014
Earnings per share RM0.017
Dividend yield forecast in 3Y 4.7%

Posted by donthaveregrets > 1 month ago | Report Abuse

SENHENG "NEW" RETAIL

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Ownership Breakdown
Institutions 6.73%
100,955,000 shares
General Public 17.2%
258,132,900 shares
Individual Insiders 17.6%
264,372,100 shares
Private Companies 58.4%
876,540,000 shares

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Top Shareholders
Top 25 shareholders own 82.76% of the company
Ownership Name Shares Current Value Change % Portfolio %
58%
Sq Digital Sdn Bhd 869,600,000 RM256.5m 0% no data
5.68%
Kim Heng Lim 85,155,600 RM25.1m 0% no data
5.53%
Kim Chieng Lim 82,990,600 RM24.5m 0% no data
5.42%
Kim Yew Lim 81,300,000 RM24.0m 0% no data
1.33%
CIMB Group Holdings Berhad, Asset Management Arm 20,000,000 RM5.9m 0% 0.45%
1.3%
Eastspring Investments (Singapore) Limited 19,518,300 RM5.8m 0% 0.01%
1.1%
Employees Provident Fund of Malaysia 16,567,600 RM4.9m 0% no data
0.74%
Norges Bank Investment Management 11,148,800 RM3.3m 0% no data
0.62%
Great Eastern Life Assurance (Malaysia) Berhad, Insurance Investments 9,368,700 RM2.8m 0% 0.03%
0.53%
Yayasan Islam Terengganu, Endowment arm 8,000,000 RM2.4m 0% 4.08%
0.42%
PHEIM Asset Management Sdn Bhd 6,281,300 RM1.9m 0% 0.96%
0.33%
Majlis Agama Islam Negeri Sembilan 5,000,000 RM1.5m 0% no data
0.32%
Lembaga Tabung Haji, Endowment Arm 4,758,500 RM1.4m 0% 0.01%
0.2%
Kuan Weng Chin 3,002,100 RM885.6k 0% no data
0.2%
Kam Sun Shin 3,000,000 RM885.0k 0% no data
0.16%
Kumpulan Wang Persaraan 2,378,700 RM701.7k 0% no data
0.13%
Wee Chai Lim 2,000,000 RM590.0k 0% no data
0.13%
Seong Pow Chia 2,000,000 RM590.0k 0% no data
0.13%
Choon Lian Kuan 2,000,000 RM590.0k 0% no data
0.13%
Dzuhairi Bin Jaafar Thani 1,963,800 RM579.3k 0% no data
0.13%
Mediliance (M) Sdn. Bhd. 1,940,000 RM572.3k 0% no data
0.13%
CVC Capital Partners Limited 1,934,500 RM570.7k 0% no data
0.067%
Daiwa Asset Management Co., Ltd. 998,600 RM294.6k 0% no data
0.016%
Ler Tan 240,000 RM70.8k 0% no data
0.016%
Kim Ho 240,000 RM70.8k 0% no data

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Name: Senheng New Retail Berhad
Ticker: SENHENG
Exchange: KLSE
Founded: 1989
Industry: Computer and Electronics Retail
Sector: Retail
Market Cap: RM442.500m
Shares Outstanding: 1.50b
Website: https://www.senheng.com

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Dirt cheap price, maybe founder may take it private

aft7753

102 posts

Posted by aft7753 > 1 month ago | Report Abuse

Very cheap price at 0.29 !

Can Senheng gives bonus issue with its available reserves ???

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Don't think so. Rather use it to pay cash dividend as fund mgmt unit trusts companies are holding the shares. 1.5bil shares issued , enough for trading etc.

@aft7753

Very cheap price at 0.29 !

Can Senheng gives bonus issue with its available reserves ???

1 hour ago

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

29sen cleared, back to above 30sen next week. Be patient ya!

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

RSI(14) Neutral 35.6
Stochastic(14) Oversold 20.0
Average Volume (3M) 1,216,800
Relative Volume 3.0

aft7753

102 posts

Posted by aft7753 > 1 month ago | Report Abuse

Unique listed on 05-08-2022 PE @ 15

20-02-2024 1 warrant for every 2 existing ordinary shares of Unique

0.5 cent dividend on 12-07-2023

0.6 cent dividend on 23-01-2024


Senheng listed on 25-01-2022 PE @ 17

1.3 cent dividend on 11-04-2022

0.5 cent dividend on 26-09-2022

0.7 cent dividend on 26-05-2023

?? cent dividend on 2024 ??? April ? Or May ?

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

GRAB has acquired jaya grocer, maybe, at dirt cheap price now, GRAB might acquire senheng from the founder. GRAB & Senheng have synergy, grab has a digital bank to finance purchases and delivery / logistics means for all customers of senheng... wait n see.

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Bang, diff industries. Also unfair to evaluate senheng based on its performance during the pandemic and even 2023-24, consumers are adjusting spending due to change of econ policies, etc. Fairer to invest for 3-5 years from now. Assess senheng's performance from 2025 to 2027 hehe

@aft7753

Unique listed on 05-08-2022 PE @ 15

20-02-2024 1 warrant for every 2 existing ordinary shares of Unique

0.5 cent dividend on 12-07-2023

0.6 cent dividend on 23-01-2024


Senheng listed on 25-01-2022 PE @ 17

1.3 cent dividend on 11-04-2022

0.5 cent dividend on 26-09-2022

0.7 cent dividend on 26-05-2023

?? cent dividend on 2024 ??? April ? Or May ?

6 hours ago

Good123

24,748 posts

Posted by Good123 > 1 month ago | Report Abuse

Malaysia market has been under-appreciated with the KLCI only recording 2 positive returns (in 2017 and 2020) over the past 10 years. This is mainly due to foreign fund selling, inconsistent policy follow-through, along with external forces such as the US sticking to higher rates for a longer period and a sluggish recovery in China.



However, things have improved since the 2H of last year and this strong momentum persists into 2024, with KLCI registering +6.7% gains YTD as of Feb 2024, indicating signs of renewed optimism towards the Malaysia market. Despite the recent rally, we hold a positive view on Malaysia market over the medium to long term. $$$$$$$$$$$$

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