SMART ASIA CHEMICAL BHD

KLSE (MYR): SMART (0306)

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Last Price

0.275

Today's Change

-0.005 (1.79%)

Day's Change

0.275 - 0.28

Trading Volume

630,700


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66 comment(s). Last comment by BenjaminSS14 1 day ago

Posted by BenjaminSS14 > 2024-05-16 10:52 | Report Abuse

Balloting result for SMART ASIA CHEMICAL BHD will be available by 27 May 2024. (reference - https://tiih.com.my/index.php?p=results)

BE_GREEEEEDY

1,835 posts

Posted by BE_GREEEEEDY > 2024-05-27 23:33 | Report Abuse

RM 1.00

BE_GREEEEEDY

1,835 posts

Posted by BE_GREEEEEDY > 2024-05-28 08:54 | Report Abuse

can hit 80 sen

OKU_2020

4,875 posts

Posted by OKU_2020 > 2024-05-28 09:14 | Report Abuse

Arrgghhhh.....

rikki

2,028 posts

Posted by rikki > 2024-05-28 10:07 | Report Abuse

TA Securities values ACE Market-bound Smart Asia Chemical at 54 sen
https://theedgemalaysia.com/node/711041

rikki

2,028 posts

Posted by rikki > 2024-05-28 10:53 | Report Abuse

Smart Asia Chemical to triple capacity with new plant from IPO proceeds
https://theedgemalaysia.com/node/710113

RX350

1,968 posts

Posted by RX350 > 2024-05-28 12:42 | Report Abuse

GOGOGO

harnam

35 posts

Posted by harnam > 2024-05-29 10:34 | Report Abuse

not moving????

cK1973

1,971 posts

Posted by cK1973 > 2024-06-06 12:07 | Report Abuse

need to break 48 to see uptrend for this counter....
stay tune guys....

cK1973

1,971 posts

Posted by cK1973 > 2024-06-10 11:56 | Report Abuse

slow and steady....

Posted by thisistheway > 2024-06-11 09:38 | Report Abuse

consolidating sideways uol...awaiting the Godzilla to wake up soon..

BursaKakis

451 posts

Posted by BursaKakis > 2024-06-11 11:48 | Report Abuse

*HLIB Retail Research – Bullish Tracker 11 June*

*SMART (0306)-ACE market, Industrial products & services- Building materials*

*A locally established manufacturer of decorative paints and protective coatings* Listed on 28 May 2024, Smart Asia Chemical Bhd (SMART-IPO RM0.40) develops, manufactures, distributes, and sells decorative paints, protective coatings, colourants, and related products. It also offers original design manufacturing or ODM services for third-party brands in the paint and coatings industry.

*Potential beneficiary from the construction upcycle*. It is poised to benefit from the expansion of Malaysia’s construction industry (2024-2029 CAGR: 8.6% – according to Mordor Intelligence), driven by the Government’s continuous efforts to roll-out infrastructure projects nationwide. The vibrant construction activities help increase demand for residential, commercial, and industrial properties, as well as supporting infrastructure, which bodes well for SMART by boosting demand for paints and coatings. Moreover, SMART's comprehensive multi-channel distribution network – spanning nine wholesalers, 937 dealers, and 14 authorised distributors across Malaysia and overseas – enables it to effectively expand market coverage and reach a diverse customer base. The deployment of smart colour point-of-sale (POS) tinting machines at 381 retail stores also supports product customisation and efficient inventory management, allowing retailers to mix-and-match colours on demand.

*Technical review*: SMART is trading at consensus 12x FY2025E P/E. Based on hourly chart, the successful breakouts above multipole key MAs and upper BB could spur greater upside towards 0.505-0.535-0.545 zones. Key supports are pegged at 0.43-0.44

✅Current price: RM0.475
✅Entry: RM0.45-0.46-0.48
✅Resistance: RM0.0.505-0.535-0.545
✅Cut loss: RM0.445
✅Risk profile: Medium

cK1973

1,971 posts

Posted by cK1973 > 2024-06-11 13:23 | Report Abuse

48 was broken....
next target range should be 60+....
my TP 70, can?.....

Posted by thisistheway > 2024-06-11 14:07 | Report Abuse

There you go Godzilla waking up...next charging his electron...get ready...

dxbman

903 posts

Posted by dxbman > 2024-06-11 16:42 | Report Abuse

SUPER STORNG BUY

RX350

1,968 posts

Posted by RX350 > 2024-06-13 14:10 | Report Abuse

GOGOGO SMARTPAINT

cK1973

1,971 posts

Posted by cK1973 > 2024-06-13 17:25 | Report Abuse

broke 50 range....
good sign......
still fix my TP at 70.....
hopefully is achievable ....
stay tune guys....

RX350

1,968 posts

Posted by RX350 > 2024-06-13 21:50 | Report Abuse

Road side TP 80s

fruitcake

887 posts

Posted by fruitcake > 2024-06-18 10:13 | Report Abuse

*HLIB Retail Research – Bullish Tracker 11 June*... today koyak

Posted by Lazioshare > 2024-06-18 11:02 | Report Abuse

Ini company tarak ada ong. Director selalu jual share harga selalu drop. Kasi jual ini share banyak lugi.

Posted by Lazioshare > 2024-06-18 16:37 | Report Abuse

Company tidak bagus

cK1973

1,971 posts

Posted by cK1973 > 2024-06-18 18:03 | Report Abuse

relax guys.....
still long way to go.....

Posted by Lazioshare > 2024-06-19 09:46 | Report Abuse

Sudah cakap ma. Ini counter x boleh pakai. Kasi jual saja.

Posted by Lazioshare > 2024-06-19 09:46 | Report Abuse

Lu beli. Director lagi suka jual sampai harga rendah

sten_still

409 posts

Posted by sten_still > 2024-06-19 10:11 | Report Abuse

Baru listing, share price naik sikit tapi boss dah disposed...tamak management

DickyMe

14,929 posts

Posted by DickyMe > 2024-06-20 23:58 | Report Abuse

After listing, all whales dispose to become instant millionaires.
Those trapped, wait until they spend off the loot.
See you in 3 or 5 years time.

DickyMe

14,929 posts

Posted by DickyMe > 2024-06-20 23:59 | Report Abuse

10 sen coming.

Posted by Grandmustah > 2024-06-25 12:46 | Report Abuse

SMART 0306

The only Paint related stock in Bursa beneficiary from Data Centre Boom


Data Centers recommended type of Paint

Epoxy floor paint
It greatly enriches the application of colors in the data center. The main components of epoxy floor paint are epoxy resin and curing agent.

Source: https://htraisedfloor.com/what-ground-materials-are-commonly-used-in-data-centers/#:~:text=Epoxy%20floor%20paint&text=It%20greatly%20enriches%20the%20application,epoxy%20resin%20and%20curing%20agent.


How can Smart benefit from this?

Smart do offer Epoxy Tile Finish

Source: https://www.smart-paints.com/epoxyflake/

cK1973

1,971 posts

Posted by cK1973 > 2024-06-26 10:37 | Report Abuse

45 good range for collection ...
stay tune guys....

Posted by thisistheway > 2024-06-28 09:42 | Report Abuse

Grandmustah, they do have that range of epoxy coating if you check their website. Not only the potential from data centre but also transport/logistics hub which is growing top with current ongoing/upcoming new projects as well as refurbishments and renovation works. Another godzilla waiting to wake up.

RX350

1,968 posts

Posted by RX350 > 2024-06-29 22:30 | Report Abuse

Wow since when Smart Paints also related to DC 😂

cK1973

1,971 posts

Posted by cK1973 > 2024-07-02 13:59 | Report Abuse

holding strong at 45 range....
if can break 50 by this week, will be better...
stay tune guys...

cK1973

1,971 posts

Posted by cK1973 > 2024-07-03 15:53 | Report Abuse

still in the same range of 45-46....
no choice....
have to wait...

harnam

35 posts

Posted by harnam > 2024-07-10 11:55 | Report Abuse

still dreaming ha this counter ayo

Posted by Silentreader88 > 2024-07-12 09:14 | Report Abuse

most inhuman operator.

cK1973

1,971 posts

Posted by cK1973 > 2024-07-24 09:51 | Report Abuse

no volume .....
have to wait.....

spider68

460 posts

Posted by spider68 > 2024-07-26 11:56 | Report Abuse

Surely the best performing IPO stock in Bursa.

spider68

460 posts

Posted by spider68 > 2024-07-26 17:13 | Report Abuse

Now Below IPO Price.

Moondate

154 posts

Posted by Moondate > 2024-07-29 10:33 | Report Abuse

not too smart....

spider68

460 posts

Posted by spider68 > 2024-07-30 09:22 | Report Abuse

Smart Management. Everyday New Low.

rob8ry24

117 posts

Posted by rob8ry24 > 2024-07-30 09:37 | Report Abuse

change name to sesat

spider68

460 posts

Posted by spider68 > 2024-07-31 11:23 | Report Abuse

A lot of SMART desperado shareholders dumping their holdings below the IPO price. Don't know who?

Michael Kwok

6,473 posts

Posted by Michael Kwok > 2024-07-31 11:28 | Report Abuse

Smartasia 37 cents
6 or 7 august consider.
31/7/24 11.30am

harnam

35 posts

Posted by harnam > 2024-07-31 15:04 | Report Abuse

smart pls dont be so stupxx la...new in market u guys dont know wot to do meh

Cheers

151 posts

Posted by Cheers > 2024-08-01 15:09 | Report Abuse

0.30 fair price

Posted by thisistheway > 2024-08-01 15:44 | Report Abuse

no price is a fair price...since when got fair price...

spider68

460 posts

Posted by spider68 > 2024-08-05 09:49 | Report Abuse

Characteristics of a CB stock ->
1) KLCI goes up, share price goes down
2) KLCI no move, share price also goes down
3) KLCI goes down, share price goes down even further

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