ALPHA IVF GROUP BERHAD

KLSE (MYR): ALPHA (0303)

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Last Price

0.33

Today's Change

+0.005 (1.54%)

Day's Change

0.32 - 0.33

Trading Volume

21,607,900


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78 comment(s). Last comment by curiousq 2 days ago

ronnie2u

661 posts

Posted by ronnie2u > 2 months ago | Report Abuse

From LinkedIn:
The Dragon Amongst ACE Market IPO - Alpha IVF

Entering 2024, Alpha IVF Group Berhad is emerging as a noteworthy company, poised to make its debut on the stock market. This development is not just another IPO; it signifies the entry of Malaysia’s second company, after another listed on the LEAP market, to specialize in assisted reproductive services. With a focus on providing hope to couples facing infertility challenges, Alpha IVF stands out for its advanced in vitro fertilization (IVF) and other reproductive technologies.

Rumors suggest that Alpha IVF’s post-IPO valuation could fetch over RM1.0 billion, potentially marking it as one of the largest IPOs in the ACE market segment in recent years. Such anticipation is fueled by the company’s impressive financial performance, with Profit After Tax (PAT) margins showing substantial growth over recent fiscal periods, highlighting the company’s operational efficiency and profitability.

Alpha IVF’s financial resilience is evident from its escalating PAT margins, which have outperformed many in the tech sector. With figures rising from 3.71% in FYE2021 to an astonishing 43.59% in FPE2023 (9 months), the company’s profitability trajectory is impressive. However, the sustainability of these margins remains a focal point of interest as the official prospectus is awaited, with many fund managers keenly observing.

Post-IPO, Alpha IVF intends to uphold a generous dividend payout ratio of 60.0%, promising a substantial return to its shareholders. This strategy underscores the company’s confidence in its cash-generative business model, which relies more on expertise than on heavy asset investments. Furthermore, Alpha IVF’s expansion plans include extending its footprint to Indonesia and potentially Cambodia or Laos, alongside establishing a sales center in China to tap into the burgeoning medical tourism sector.

At the heart of Alpha IVF’s success is its comprehensive approach to understanding and addressing the unique needs of its clients. From assessing sperm and ova health to pioneering techniques in ovarian stimulation and cryopreservation, the company stands at the forefront of reproductive technology. Alpha IVF’s services extend beyond traditional IVF, incorporating advanced procedures like Preimplantation Genetic Testing (PGT) to enhance success rates and reduce genetic risks.

In an era where technology intersects with healthcare, Alpha IVF leverages AI to select embryos with higher chances of successful implantation, further refining its service offerings. The company also explores innovative treatments like Ova-PRP to improve ovarian health, showcasing its commitment to advancing reproductive technologies.

With declining birth rates and changing societal attitudes towards parenthood, IVF services like those offered by Alpha IVF may become increasingly sought after, presenting a compelling narrative for investors and industry observers alike.

BryanW

37 posts

Posted by BryanW > 2 months ago | Report Abuse

Their GP margin looks very "nice" comparing to others competitors, not excluding what auditors have done on it, but it's kind of obvious. Also, reminding that there are TONs of share offered in the IPO.

OKU_2020

4,750 posts

Posted by OKU_2020 > 2 months ago | Report Abuse

TA fair value 28 sen
Killer IPO ....Dangerouss

wongchin

1,006 posts

Posted by wongchin > 2 months ago | Report Abuse

This is a only n niche market ipo. U can see ipo in technology n construction or plantstion sector often. Bt science technology alpha is the only one in years to come. Ipo is closed. So say what good also no point. Wait for it to be listed than everyone will know. I say will up 50% or more. Maybe limit up.

KJTAN7

2 posts

Posted by KJTAN7 > 2 months ago | Report Abuse

Apply 20000 share during IPO. Don't know can get it or not. How you guys think about this company? Future good?

Posted by EatCoconutCanWin > 2 months ago | Report Abuse

Fully subscribed. You know what happens in first day. Good luck

wongchin

1,006 posts

Posted by wongchin > 2 months ago | Report Abuse

Balloting result out already. I got 19000 share out of 20000 apply. Waiting for it to be listed. I wonder how is the first day listing of alpha

Posted by EatCoconutCanWin > 2 months ago | Report Abuse

I @pply 20k get 20k clear. Lol heng arh

Posted by yongyong123 > 2 months ago | Report Abuse

How to check the result? Thanks

Brutus

297 posts

Posted by Brutus > 2 months ago | Report Abuse

Managed to get some allocations. Will hold long term and see where it will head to!

Brutus

297 posts

Posted by Brutus > 2 months ago | Report Abuse

@yongyong123, where you applied the IPO? If thru banks like MBB, very easy to check on M2U.

KW L

64 posts

Posted by KW L > 2 months ago | Report Abuse

I applied with M2u and status is pending. Means zero allocation is it?

Posted by EatCoconutCanWin > 2 months ago | Report Abuse

You sure get it. Congrats in advance

BryanW

37 posts

Posted by BryanW > 2 months ago | Report Abuse

Could be some delays, check it in a few days @KW L

KW L

64 posts

Posted by KW L > 2 months ago | Report Abuse

status changed from pending to unsuccessful.

Posted by kahhoong1125 > 2 months ago | Report Abuse

i get 50% units... dunno is good news anot... goshhhh
1st time got so many as b4 new IPO i only able to get about 10-20% if success

icecool

4,818 posts

Posted by icecool > 2 months ago | Report Abuse

this company looks good can limit up

tallman

916 posts

Posted by tallman > 2 months ago | Report Abuse

Yup high profit margin and gives DPS

MULTIEVER

67 posts

Posted by MULTIEVER > 1 month ago | Report Abuse

lets goooo. new counter new hope. lets goreng goreng

icecool

4,818 posts

Posted by icecool > 1 month ago | Report Abuse

@MULTIEVER lets goooo. new counter new hope. lets goreng goreng

correct !

wongchin

1,006 posts

Posted by wongchin > 1 month ago | Report Abuse

Im not greedy. if up 10 cents or 15 sen i will be happy enough.

OKU_2020

4,750 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

FV / TP by TA is red 28 sen
becareful.....

OKU_2020

4,750 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

gone case

wongchin

1,006 posts

Posted by wongchin > 1 month ago | Report Abuse

Buyer willing yo pay 20 cents only. Bt seller also put up at rm 1. I wonder how will the first transaction price will be.

Wan Nee

218 posts

Posted by Wan Nee > 1 month ago | Report Abuse

now only 0.32

OKU_2020

4,750 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

RUNNNNNNNNNNNNNN
BOOOOO CHOWWWW CCCCCCCCCCCC

OKU_2020

4,750 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

TA prediction lately correct

Mie7677

50 posts

Posted by Mie7677 > 1 month ago | Report Abuse

Dump pressure.. Still waiting must below 30cent

paktua73

18,416 posts

Posted by paktua73 > 1 month ago | Report Abuse

morning..
paktua waiting to load here


tut tut
let see afternoon

BursaKakis

416 posts

Posted by BursaKakis > 1 month ago | Report Abuse

Rakuten Trade values ACE Market-bound Alpha IVF at 34 sen
https://theedgemalaysia.com/node/705554

paktua73

18,416 posts

Posted by paktua73 > 1 month ago | Report Abuse

bapak besar nosh dia almost 4.5B..
ini nosh terbesar untuk new born counter 24 setakat ni..


tut tut
hurm

BursaKakis

416 posts

Posted by BursaKakis > 1 month ago | Report Abuse

Rakuten Trade Ideas [22/3/2024 8:05 AM]

Alpha IVF Group Bhd (0303) fertility care specialist and one of the largest listing on the ACE Market of Bursa Malaysia today.

Oversubscribed by 2.73x at an IPO price of RM0.32 with a market capitalisation of RM1.55 billion.

It is raising RM116.6 million from this listing exercise - business expansion, setting up new in vitro fertilisation (IVF) centres, satelite clinics, sales offices and upgrading of existing specialist centres, facilities and offices.

It has attracted eight cornerstone investors namely; abrdn Malaysia, AHAM Asset Management, AIA Bhd, Eastspring Investments Bhd, Hong Leong Asset Management Bhd, Kenanga Investors Bhd, Lion Global Investors Ltd, and Value Partners Hong Kong Ltd.

Alpha IVF group managing director Datuk Dr Colin Lee Soon Soo said their 2QFY2024 financial performance highlights the group’s ability to ride the wave of medical tourism and growing need for IVF treatments.

It reported a net profit of RM12.21 million and RM38.54 million in revenue for 2QFY24. For the cumulative six months ended Nov 30, 2023, Alpha IVF posted a net profit of RM25.34 million, on the back of revenue of RM80.14 million.

RHB Investment Bank, Public Investment Bank, Mercury Securities, TA Securites and Rakuten Trade have given a target prices of between RM0.28 - RM0.40

There will always be trading opportunities on listing day.

In case you missed it, watch the video HERE (https://youtu.be/d1gJLtJu0bE?si=OcQwwwE5rSv5YXW0) to get insights.

Posted by EatCoconutCanWin > 1 month ago | Report Abuse

Heng lo

Dav Yau

39 posts

Posted by Dav Yau > 1 month ago | Report Abuse

Another IPO.....Kabut...

Shines

2,747 posts

Posted by Shines > 1 month ago | Report Abuse

Ist day also con

Posted by EatCoconutCanWin > 1 month ago | Report Abuse

Pi Corner kena stone.

OKU_2020

4,750 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

RUNNNNNNNNNNN for our live
TA is right.....Red opening
26 sen comingg

Posted by EatCoconutCanWin > 1 month ago | Report Abuse

is this non-halal. which can ban by malays?

newbird33

167 posts

Posted by newbird33 > 1 month ago | Report Abuse

This year may be too late to make dragon baby. Next year snake baby anybody want?

jeffchan1901

1,341 posts

Posted by jeffchan1901 > 1 month ago | Report Abuse

Managed to pick up at 0.31 on listing day, below IPO price of 0.32. This stock has potential but medium term to growth in value. Must be patient.

Michael Kwok

6,109 posts

Posted by Michael Kwok > 1 month ago | Report Abuse

Sell call alpha 32 cents
Tp 24-27 cents
Let see 1 month time how it look like.but doubt will up as number of shares over 4 billion not over 400 million.
22/3/24 6.20pm

Medusa

537 posts

Posted by Medusa > 1 month ago | Report Abuse

Gila 4 bil shares

Toilet paper inkambing

Runnnnnnnnnnnnnnnnnnnnnnnnnnn

Kikiki…

jeffchan1901

1,341 posts

Posted by jeffchan1901 > 1 month ago | Report Abuse

seems like directors sold a lot of shares today? any reason why?

MULTIEVER

67 posts

Posted by MULTIEVER > 1 month ago | Report Abuse

is pretty obvious, directors also understand this rules

-Sell high now, buy low later

Birdie

59 posts

Posted by Birdie > 1 month ago | Report Abuse

Long ago, I know of the story of the Pied Piper. So many lemmings. So sad.

OKU_2020

4,750 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

BEHEADING is ON GOING
RUNNNNNNNNNNNNNNNNNNNNNNN
BOOOO CHOWWW CCCCCCCCCCCCCCC

sammyramon

471 posts

Posted by sammyramon > 1 month ago | Report Abuse

KAKAKAKAKAKA.............overvalue stockk.....

Birdie

59 posts

Posted by Birdie > 1 month ago | Report Abuse

15 cents

jeffchan1901

1,341 posts

Posted by jeffchan1901 > 1 month ago | Report Abuse

hah just sold all and made a quick 1.6% profit for holding it for 2 days. a nice 5 course tai chow dinner tonight. this stock is a potential sleeper, spoilt by substantial shareholders selling on first day causing retailers to panic for no reason. had wanted to keep this in portfolio but too bad, selfish then all lose lose together

nikicheong

2,373 posts

Posted by nikicheong > 1 month ago | Report Abuse

A bit overvalued, but in a future-ready and future-proof industry. These services are going to be more common by the year given the declining fertility.

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