SENG FONG HOLDINGS BERHAD

KLSE (MYR): SENFONG (5308)

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Last Price

0.65

Today's Change

+0.005 (0.78%)

Day's Change

0.645 - 0.65

Trading Volume

14,700


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63 comment(s). Last comment by GhostRider999 22 hours ago

OKU_2020

3,228 posts

Posted by OKU_2020 > 2022-07-07 09:54 |

Post removed.Why?

OKU_2020

3,228 posts

Posted by OKU_2020 > 2022-07-07 10:07 |

Post removed.Why?

Posted by stanleyohh88 > 2022-07-07 10:12 | Report Abuse

below IPO?

SK92

161 posts

Posted by SK92 > 2022-07-07 10:15 | Report Abuse

all MAIN MARKET listing sure hampeh one....con job all..

OKU_2020

3,228 posts

Posted by OKU_2020 > 2022-07-07 10:17 | Report Abuse

As of now It's collapsing 12% below IPO price.... Will drown to 50 sen { 33% } before closing today...

Posted by VegeBird1219 > 2 months ago | Report Abuse

3-year earnings CAGR of 3.6%, driven by the capacity expansion to meet the increasing demand for vehicle tyres. That said, we believe that the earnings growth will be mitigated by the normalisation of ASPs in the long term from the current elevated levels. We are positive on the group’s dividend policy, with a target payout ratio of at least 50% of earnings. Given the relatively small market cap and lack of track record, we ascribe a 10.5x FY23F P/E, which is at a discount to the FBMSC’s average trading P/E of 12.5x, implying FV of MYR0.76.

OKU_2020

3,228 posts

Posted by OKU_2020 > 2 months ago |

Post removed.Why?

najmie

71 posts

Posted by najmie > 2 months ago | Report Abuse

Done. Sold all at 75 sen..

OKU_2020

3,228 posts

Posted by OKU_2020 > 2 months ago | Report Abuse

Oversupply of IPOs....
Lately Wasting time apply IPO... Can get much cheaper on listing day

OKU_2020

3,228 posts

Posted by OKU_2020 > 2 months ago |

Post removed.Why?

Posted by redhotpepper > 2 months ago | Report Abuse

this share not really worth 75 sen as claimed...... lol..... perhaps only worth 68 sen only at most.

Raiz368

1,282 posts

Posted by Raiz368 > 2 months ago | Report Abuse

They value the ipo price during top glove price above 1.50, now TG around 1.00 only

OKU_2020

3,228 posts

Posted by OKU_2020 > 2 months ago |

Post removed.Why?

SK92

161 posts

Posted by SK92 > 2 months ago | Report Abuse

Cabut at 68 sen..hangus..but what to do.. con job senfong..

OKU_2020

3,228 posts

Posted by OKU_2020 > 2 months ago | Report Abuse

sorry to hear that
if u wait further - more to gone - even 50 % to be wiped out
Spicy lesson not only u but many innocent newbies - they thought IPO is safe ....NOT ANYMORE Baby ..!

Posted by redhotpepper > 2 months ago | Report Abuse

yes, many innocent newbies trapped in it, kesian.
IPO is not anymore safe...

SK92

161 posts

Posted by SK92 > 2 months ago | Report Abuse

Did some research..in the past three years, none of IPO which falls on the first day, could claw back above IPO price. So I decided to cabut eventho its painful..plus just got to know they're utilising 50% of IPO proceeds to settle their bank borrowings

Warzone

46 posts

Posted by Warzone > 2 months ago | Report Abuse

Bursa needs KPI. With recent market volatility, bursa onku can keep approve to use Ipo to gain money from market. All Ipo lately like rubbish.

James Ng

2,607 posts

Posted by James Ng > 2 months ago | Report Abuse

[转贴] [Video:浅谈SENG FONG HOLDINGS BERHAD, SENFONG, 5308] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2022-07-07-story-h1626040446

Raiz368

1,282 posts

Posted by Raiz368 > 2 months ago | Report Abuse

Tomorrow will open gap down and fall below 60 cent

Raiz368

1,282 posts

Posted by Raiz368 > 2 months ago | Report Abuse

This is second ipo very worst performance on first day listing...

Posted by redhotpepper > 2 months ago | Report Abuse

This company high level of debt. Of the 68.11M from IPO listing, 37.9M is used to pay bank borrowing.

Damn jialat. Wonder how such co to be listed IPO in the first place.

All our hard earned money....there it goes....

gohkimhock

2,574 posts

Posted by gohkimhock > 2 months ago | Report Abuse

Inflation is high now. We are expecting more interest rate increases. Those companies that have high debts have to be caution..

OKU_2020

3,228 posts

Posted by OKU_2020 > 2 months ago | Report Abuse

CAP AYAM IPO.....
Of the 68.11M from IPO listing, 37.9M is used to pay bank borrowing.
Senfong is like another Sen..that is Senheng - got very high DEBT
50 SEN COMINGG......

OKU_2020

3,228 posts

Posted by OKU_2020 > 2 months ago | Report Abuse

Azab...
#Jerat_IPO

sammyramon

155 posts

Posted by sammyramon > 2 months ago | Report Abuse

Crackpot problematic financial company.....

OKU_2020

3,228 posts

Posted by OKU_2020 > 2 months ago |

Post removed.Why?

superdog

28 posts

Posted by superdog > 2 months ago | Report Abuse

I don't think need to worry about demand because Sen Fong's primary client is a tyre factory, can foresee the demand will increase in the end of this year

OKU_2020

3,228 posts

Posted by OKU_2020 > 2 months ago | Report Abuse

Sunset Biz

Posted by redhotpepper > 2 months ago | Report Abuse

It depends one few major customers. if major customer not buying, terus menjunam dah

OKU_2020

3,228 posts

Posted by OKU_2020 > 2 months ago | Report Abuse

Many KILLER IPO LATELY
Dead Rat

OKU_2020

3,228 posts

Posted by OKU_2020 > 2 months ago |

Post removed.Why?

Posted by redhotpepper > 2 months ago | Report Abuse

This is one shitty IPO. Worst among IPO. Go on IPO just to collect money to settle bank loan. Treats the buyer as water fish. Pity those with hard earned money

KooSan

314 posts

Posted by KooSan > 2 months ago | Report Abuse

All IPO now will be a piece of toilet paper

Posted by stockhunter55 > 2 months ago | Report Abuse

senheng and seng fong sama sama brother

Posted by redhotpepper > 2 months ago | Report Abuse

Ingatkan raw material all sourced locally. Rupanya mostly imported. Just like what @stockhunter55 says.

If one day car production goes down hill, you can imagine what can happen alry as the main customer is tyre manufacturer...

bjgdila123

3,202 posts

Posted by bjgdila123 > 2 months ago | Report Abuse

Cap Ayam co .

SK92

161 posts

Posted by SK92 > 2 months ago | Report Abuse

luckily sold all at 68 sen...ipo these days oso tak selamat..

Posted by redhotpepper > 2 months ago | Report Abuse

Very enticing to investor to invest, in prospectus say going to give 50% of Profit to investor as dividend. Newbie saw this mesti beli. Tapi before can give, share holder must approve, bukannya jatuh dari langit :D

sammyramon

155 posts

Posted by sammyramon > 1 month ago | Report Abuse

0tw breakout today!!.....will fly soon,,

kk7198

2,444 posts

Posted by kk7198 > 1 month ago | Report Abuse

Yes, breaking new high.

myreeze

1 posts

Posted by myreeze > 1 month ago | Report Abuse

Dividen 3 sen pun tak ada momentum price. Clear position and move on.

kk7198

2,444 posts

Posted by kk7198 > 1 month ago | Report Abuse

ATH, more to come?

Posted by redhotpepper > 1 month ago | Report Abuse

Don't dream on, 3 sen dividend not much also. money collected from more than half of IPO fund use to pay it's debt. How far can it fly.

najmie

71 posts

Posted by najmie > 1 month ago | Report Abuse

Sold 200 lot at 78 sen on friday. Alhamdulillah.

kk7198

2,444 posts

Posted by kk7198 > 1 month ago | Report Abuse

@redhotpepper, interim 3% so let's hope they will declare on each quarter. Not bad for a counter below 0.80 sen. I will keep as my EP is around 0.63 sen.

najmie

71 posts

Posted by najmie > 1 month ago | Report Abuse

Waiting at 80 sen

Noni

465 posts

Posted by Noni > 2 weeks ago | Report Abuse

Waiting at 60 sen

Posted by GhostRider999 > 22 hours ago | Report Abuse

US inflation rate has reached it peaks in Jun 2022 and starts decreasing until now. Fed may relax it int rate hikes soon. Recessions will not be materialised.. Starts collecting

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