Posted by mf > 2024-01-12 14:29 | Report Abuse

Timetable for IPO
HE GROUP BERHAD

Opening of application 12 Jan 2024
Closing of application 18 Jan 2024
Balloting of application 22 Jan 2024
Allotment of IPO shares to successful applicants 29 Jan 2024
Tentative listing date 30 Jan 2024

Posted by anonymouse66 > 2024-01-15 18:07 | Report Abuse

Fresh Ipo in 2024 , looks the group have a strong track record in HV, MV, LV, ELV power distribution systems. Can take a look first

Posted by mastertrder > 2024-01-15 18:55 | Report Abuse

looking good since their customer base are from high growth sector like EV, semi-conductor and medical equipment

Posted by CapitalCraftsman > 2024-01-15 19:46 | Report Abuse

HE Group is involved in designing, supplying, installing, testing, and commissioning power distribution systems, catering mainly for industries such as semiconductor, medical device, and electronic product industries. Indeed, it will benefited by the high growth of semiconductor and medical industry, and most importantly, data centres too.

Posted by AnthonyAng666 > 2024-01-15 20:50 | Report Abuse

wow, seems got potential in this company. How much is the IPO price?

Posted by CapitalCraftsman > 2024-01-15 20:58 | Report Abuse

IPO price is RM0.28 with around 11x in PE ratio. You can refer to this article post for more info, AnthonyAng666 😊

https://klse.i3investor.com/web/blog/detail/Ubah58/2024-01-15-story-h-210470089-HEGROUP_0296_IPO_Key_Notes_Sharing

Posted by 100Mark > 2024-01-16 13:03 | Report Abuse

HE Group's order book amounted to RM211.91mil as at Dec 15, 2023, which would keep the group busy until end-2024. https://www.thestar.com.my/business/business-news/2024/01/12/he-group-to-raise-rm2433mil-in-from-ipo

Posted by LeonardLiong > 2024-01-16 16:05 | Report Abuse

Another black horse ipo stock. Try to subscribe some today and see how much I can get

Posted by ZaraSheng > 2024-01-16 16:37 | Report Abuse

sure blackhorse ma?

Posted by RotiBakartelur > 2024-01-16 18:15 | Report Abuse

No one know but potential is there... can try for some small lot if u scare

Posted by psychoopomp > 2024-01-16 19:25 | Report Abuse

pe ratio x11, macam ok wor, try tikam some new year luck first

Posted by LeonardLiong > 2024-01-16 22:33 | Report Abuse

compared to its peers like KGB (PE 17.33x) and Pestech (-ve PE), HE group surely is a next black horse

Posted by AnthonyAng666 > 2024-01-17 12:30 | Report Abuse

@CapitalCraftsman. Thanks. Its fundamental is very solid and I guess high probability for it to be oversubscribe

Posted by mastertrder > 2024-01-17 17:41 | Report Abuse

Market is damn red, IPO is the safer play now...

Posted by anonymouse66 > 2024-01-17 19:18 | Report Abuse

18th is the last day to apply, potential stock to be like CHB

Posted by NorAfan > 2024-01-17 21:03 | Report Abuse

Betul juga, untung jika dpt saham IPO

Posted by CapitalCraftsman > 2024-01-18 11:12 | Report Abuse

HE Group’s net profit grew at a 2-year EPS CAGR of 90.6% over FY20-22. Excluding fair value gain on other investment of MYR1.5m in FY20, its core net profit grew at a 2-year EPS CAGR of 5.2x between FY20-22. This is attributable to new contracts secured from the power distribution system and electrical equipment hook-up and retrofitting segments. Very healthy earning track record

Posted by CapitalCraftsman > 2024-01-18 11:13 | Report Abuse

Don't forget today is the last day to subscribe its IPO 😉 You get it, you earn for sure

Posted by BarrettTeo > 2024-01-18 15:32 | Report Abuse

APEX Securities and Public Investment Bank had ascribed a fair value of RM0.38 on HE Group
https://theedgemalaysia.com/node/697800

Posted by RotiBakartelur > 2024-01-18 16:57 | Report Abuse

Good luck to those subscribe, but I think very hard to oversubscribe la... market bleed too much

Posted by Soliday > 2024-01-18 19:27 | Report Abuse

High chance to get since less people are gonna apply, TA securities gives 0.44 TP btw

Posted by LeonardLiong > 2024-01-19 09:56 | Report Abuse

Do you have any links to show that HE group was given 0.44 TP by TA Securities, Soliday? 🙂

Posted by CapitalCraftsman > 2024-01-19 12:36 | Report Abuse

Here you go, LeonardLiong. https://www.dagangnews.com/article/ta-securities-menilai-he-group-yang-bakal-disenaraikan-di-pasaran-ace-pada-44-sen-sesaham-34094

Posted by AnthonyAng666 > 2024-01-19 15:38 | Report Abuse

By looking at this company's EPS and profit margins, more likely it will be oversubscribed

Posted by VentureVoyage > 2024-01-19 17:39 | Report Abuse

if oversubscribe then market sentiment is back, bursa really need some good news now

Posted by mastertrder > 2024-01-19 19:41 | Report Abuse

Confirm oversubscribe lah, monday you will know

Posted by icecool > 2024-01-21 13:17 | Report Abuse

gap up limit up !

Posted by BarrettTeo > 2024-01-22 12:23 | Report Abuse

Market sentiment is slowly going positive. It will gap up on 30 Jan 🤓

Posted by 100Mark > 2024-01-22 17:35 | Report Abuse

HE Group’s IPO oversubscribed by 63.35 times. Surely open high when it's listed next week
https://theedgemalaysia.com/node/698182

Posted by RotiBakartelur > 2024-01-22 18:09 | Report Abuse

63.35 times... wah out of my expected, confirm fly on first day

Posted by anonymouse66 > 2024-01-22 19:37 | Report Abuse

hope can kena ballot, need some angpao for chinese new year

Posted by Alphabull > 2024-01-23 09:47 | Report Abuse

at least 40 sen above

Posted by CapitalCraftsman > 2024-01-23 11:04 | Report Abuse

High chance for HE group to open higher than APEX Securities and Public Investment Bank's TP

Posted by LeonardLiong > 2024-01-23 16:38 | Report Abuse

This IPO is the next hidden gem for sure. Pray hard so that can get the IPO

Posted by Soliday > 2024-01-23 17:26 | Report Abuse

going to buy during open market, didn't kena 1 lot...

Posted by mastertrder > 2024-01-23 18:10 | Report Abuse

How much is Apex & Public investment TP? So confident above 40sen?

Posted by CapitalCraftsman > 2024-01-23 18:23 | Report Abuse

@mastertrder. 38 cents. Their analysis of the HE group was quite explicit btw

https://theedgemalaysia.com/node/697800

Posted by BarrettTeo > 2024-01-24 13:25 | Report Abuse

I posted that news before. Looks like mastertrder didn't scroll up to look 😗

Posted by KropSkin787 > 2024-01-24 17:28 | Report Abuse

36 & 38 sen, quite conservative I said, can try to buy on market with construction slowly coming back

Posted by RotiBakartelur > 2024-01-24 19:45 | Report Abuse

next week confirm open higher than 0.40, dream big!!

Posted by NorAfan > 2024-01-24 21:52 | Report Abuse

tak ada nasib. Tak dpt Ipo ini 😖

Posted by mf > 2024-01-26 06:30 | Report Abuse

target 60-88sen

Posted by anonymouse66 > 2024-01-26 16:51 | Report Abuse

Angpao mari, kena ballot! TQ Hegroup first, tp 0.50 for me

Posted by CapitalCraftsman > 2024-01-26 17:08 | Report Abuse

Some one here is very lucky, got balloted 🤑🤑

Posted by CapitalCraftsman > 2024-01-26 17:09 | Report Abuse

anyway, don't feel bad if didn't get it. See if got chance to ride on the goreng momentum when it's listed

Posted by Soliday > 2024-01-26 17:43 | Report Abuse

gonna standby on tuesday morning, anyone generous enough to let me enter with cheap price

Posted by NorAfan > 2024-01-26 20:00 | Report Abuse

betul, sediakan wang hari tu dan hentam jika ada harga lelong ..

Posted by Wan Nee > 2024-01-26 20:25 | Report Abuse

Tak dapat but it's ok ..still can Buy during listing. Huat

Posted by ampabella > 2024-01-27 12:58 | Report Abuse

wah tis black 🐴 sure goreng, if below 38cts must buy 1 basket & keep till rm1

Posted by Salahuddin Ahmad > 2024-01-29 14:56 | Report Abuse

so, what's the prediction for tomorrow? limit up or not?