Posted by BuildBackBossku > 2023-12-08 12:06 | Report Abuse

This company is engaging in the provision of infrastructure utilities engineering solutions. What a good timing to get listed, as the government had allocated RM8 billion for the nation's infrastructure according to Budget 2024

Posted by TimiraosL > 2023-12-08 16:51 | Report Abuse

Another IPO of engineering solution providers for construction and infrastructure. You don't wanna miss that

Posted by TimiraosL > 2023-12-08 16:55 | Report Abuse

btw, prudent 35 cents of the target price by PublicInvest (IPO price = 27 cents)

https://theedgemalaysia.com/node/692858

Posted by OppenHermes > 2023-12-11 11:56 | Report Abuse

Jati Tinggi's IPO oversubscribed by over 16 times. https://theedgemalaysia.com/node/693288

Posted by BuildBackBossku > 2023-12-11 14:31 | Report Abuse

will goreng up on 20 Dec 😁 might even break 35 cents

Posted by PalaniR > 2023-12-11 15:59 | Report Abuse

After read its prospectus, the business is related to the electric industry, where the company serves the main contractor of TNB for substation and big electricity projects. This requires a specific license to do so, hence higher barrier of entry

Posted by acidshot174 > 2023-12-11 16:26 | Report Abuse

another ipo bloom? company been profiting even during covid season

Posted by EatCoconutCanWin > 2023-12-11 16:46 | Report Abuse

critical didnt get, this Jati tinggi applied 80,000unit get 30,000 unit. hope for the best.

Posted by TimiraosL > 2023-12-12 11:54 | Report Abuse

JTGROUP has a low PE compared to MNHLDG, and it will rally because of data center and TNB. So, JTGROUP is the next dark horse

Posted by EatCoconutCanWin > 2023-12-12 12:23 | Report Abuse

Sure or not... Let's see . Hopefully can earn 50% ...

Posted by TimiraosL > 2023-12-12 14:42 | Report Abuse

Yup. Plus this company has relatively low share base, so it is easier to move up

Posted by SuperPanda > 2023-12-12 16:05 | Report Abuse

have 100k units, lower subs compare to critical possibility bcoz market still prefer tech relate than construction relate, PAT at the lower side but electrical theme might help a bit along with mnhldg good qr performance

TP 35c seems not impossible pe around 19 based on FY22 eps 1.8c, if latest Q3 release with better profit than we might see higher valuation

all the best

Posted by Flam3ss > 2023-12-12 16:23 | Report Abuse

All the best guy, bursa need some good fundamental electrical company

Posted by BuildBackBossku > 2023-12-12 16:43 | Report Abuse

Fyi, Jati Tinggi is planning to tender directly with TNB going forward, therefore, its margins are expected to be increased for future contract wins

Posted by hahaverynice29 > 2023-12-12 18:36 | Report Abuse

cheap & low risk, gearing ratio is low too, going to be main con + TNB

Posted by EatCoconutCanWin > 2023-12-12 19:46 | Report Abuse

Good to hear that... Popi popi...

Posted by PalaniR > 2023-12-13 11:59 | Report Abuse

You are very lucky, EatCoconutCanWin. I never got a single IPO share in my life. Feels bad man

Posted by jazmaster > 2023-12-13 15:48 | Report Abuse

https://klse.i3investor.com/web/blog/detail/eafc/2023-12-13-story-h-212436269-Integral_Player_In_Power_Supply_Value_Chain_JATI_TINGGI_GROUP_BERHAD_IP

Good sharing... Hope they can fly more after IPO ....

Posted by OldtimerTrader > 2023-12-13 17:02 | Report Abuse

public invest give 0.35 TP, dark horse in the making?

Posted by OppenHermes > 2023-12-13 17:17 | Report Abuse

I didn't get it as well... See can grab some when opening and ride with the wave

Posted by TimiraosL > 2023-12-13 17:58 | Report Abuse

better stay sharp on 20 Dec then

Posted by KopioDinosaur > 2023-12-13 18:08 | Report Abuse

standby on first day.. miss ipo also... those that got some pls give some chance..

Posted by EatSleepTrade77 > 2023-12-14 11:11 | Report Abuse

Got collaboration with TNB? looks like can give this company a shot when listing

Posted by BuildBackBossku > 2023-12-14 12:23 | Report Abuse

That's right, Jati will tender directly with TNB moving forward, and we can expect it to generate good margins out of it.

Posted by PalaniR > 2023-12-14 15:46 | Report Abuse

Its PAT margin has been around 5.8% on average for the past 5 years, so when it direct deal with TNB, it might go up to 8% - 10% or even more

Posted by jazmaster > 2023-12-15 11:22 | Report Abuse

This company also involved in power supply cable relocation works for MRT projects too, so, revival of HSR will be a good news to this company 🙂

Posted by BE_GREEEEEDY > 2023-12-15 13:12 | Report Abuse

hmmm..... goleng liao
small issue - easy corner to the wall $$$$$

Posted by TimiraosL > 2023-12-15 13:51 | Report Abuse

Early Christmas gift if people got its IPO 🎅🎄🎁

Posted by OppenHermes > 2023-12-15 16:10 | Report Abuse

predict it will open high, i.e. 37 -40 cents when opening on next Wednesday

Posted by EatCoconutCanWin > 2023-12-17 08:58 | Report Abuse

Look at the QR. It look not good

Posted by BE_GREEEEEDY > 2023-12-17 10:00 | Report Abuse

TimiraosL@
Early Christmas gift if people got its IPO 🎅🎄🎁
------
depend on Critical IPO sentiment on MONDAY
if Ctical steaming liao.-for sure this IPO hot goreng one $$$$$

Posted by goody99 > 2023-12-18 09:32 | Report Abuse

If it does not perform well when it is listed, I am not surprised:

- Its IPO is only oversubscribed by over 16 times
- In the prospectus, it shows that 6-month financial period ended 31 May 2022, the revenue is 105.5 mil; but 6-month financial period ended 31 May 2023 its revenue is only 46 mil. Revenue for FY2022 was 234.6 mil. According to its latest quarterly report Q3FY2023, revenue was only 79 mil for 9 months .

Posted by EquityJourneyman > 2023-12-18 10:26 | Report Abuse

Critical is doing great today. Jati will also be doing fine the day after tomorrow, I guess

Posted by OppenHermes > 2023-12-18 12:54 | Report Abuse

JTGROUP has an impressive RM233.25 million in unbilled orders, and set to be realized over the next 1 to 2 years

Posted by OppenHermes > 2023-12-18 12:57 | Report Abuse

so rest assured, this sizable order book will significantly secure the company’s revenue streams for the upcoming financial years and its financial performance will keep growing for sure

Posted by BE_GREEEEEDY > 2023-12-18 15:21 | Report Abuse

SURE ONE $$$$$
OppenHermes@
JTGROUP has an impressive RM233.25 million in unbilled orders, and set to be realized over the next 1 to 2 years

Posted by sammyramon > 2023-12-18 21:12 | Report Abuse

Huat Chaiiii!!!!!...sure its easily can hits 0.38 on this Wed..

Posted by Ayong21 > 2023-12-18 21:17 | Report Abuse

Name oledi hint buka tinggi tmr. TP RM 1.50 incoming.

Posted by mf > 2023-12-18 21:36 | Report Abuse

0292 - +
Initial Public Offering
18 Dec 2023, 18:08
Initial Public Offering
Date of Listing : 20/12/2023
Enlarged issued share capital in the following :
Unit : 391,800,800
Currency : Malaysian Ringgit (MYR)
Par Value ($$) (if applicable) : 0.000
Enlarged Issued Share Capital ($$) : 44,036,050.000
Stock code : 0292
Stock name : JTGROUP
ISIN Code : MYQ0292OO001
Board : ACE Market
Bursa Sector : CONSTRUCTION
Bursa Sub Sector : CONSTRUCTION
Do you wish to list any child stock / new type of securities in conjunction
with the IPO/Admission to LEAP Market? : No
No. of child stock / new type of securities to be listed : 0
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

Posted by AlphaAdventurer > 2023-12-19 10:05 | Report Abuse

let's get prepared for Jati Tinggi naik tinggi tmr 😁

Posted by MR. BEAN > 2023-12-19 11:26 | Report Abuse

High risk company, I wonder how this chinese company grab so many TNB project?
Normally TNB project is for Bumi company, how Jati secure these project? hmmmmm, you got the answer.

Posted by BE_GREEEEEDY > 2023-12-19 12:15 | Report Abuse

Finger crossed lahhh
So many TNB project = Govt project ..Good laaa , it's a proven trusted co mehh
after all a very cheap ipo of 27 sen with low quantity offering - easy to goleng one

Posted by BuildBackBossku > 2023-12-19 13:52 | Report Abuse

Got good connections in TNB I guess 😁 Long-term contracts and relationship are assured

Posted by TimiraosL > 2023-12-19 15:56 | Report Abuse

Tomorrow is the day to watch this bull running high, hehe

Posted by billdrill > 2023-12-19 16:08 | Report Abuse

Tmr morning standby!!

Posted by DividendDreamer > 2023-12-19 16:55 | Report Abuse

0.40 on firstday?

Posted by MR. BEAN > 2023-12-19 17:37 | Report Abuse

Nope, I heard is JT use malay staff to register as director of the company to secure these contract, wonder why TNB no do company back group check. 😂

Posted by BE_GREEEEEDY > 2023-12-19 22:35 | Report Abuse

steaming liao
gap up

Posted by icecool > 2023-12-19 23:15 | Report Abuse

tomorrow gap up!

Posted by BE_GREEEEEDY > 2023-12-20 07:10 | Report Abuse

dow jone steaming 251,,,, good