Go Hub is a technology company that focused on providing tailored IT solutions, encompassing customised software development systems and integration of hardware and software systems with an established track record in the bus and rail segments
GOHUB, an IT solutions provider for public transportation with strong market presence with large customer base & having an unbilled order book of RM35.4mn as of 10 May 2024. Prospect is ok, next underlooked fire IPO??
Actually strong business & order book, RM80 million in FY2024 and FY2025F, and RM100 million in FY2026F. So far most analyst rate it around 0.55-0.65 which is fair to me
Tracking its previous financial performance, GoHUB's revenue growing from RM18.97 million in FY2020 to RM43.95 million in FY2023, reflecting a robust 131.68% increase. its profit after tax (PAT) also saw substantial growth, rising from around RM2.26 million in FY2020 to RM7.08 million in FY2023. This growth was primarily attributed to increased income from centralised ticketing and automated fare collection systems, as well as a higher utilisation rate of the terminal operating system at several bus terminals under its management
The promising growth in Malaysia's enterprise information technology (IT) services industry is anticipated. The sector is projected to expand from RM23.50 billion in 2024 to RM29.50 billion in 2028, with a compound annual growth rate (CAGR) of 5.70%
based on numbers published, i like it.. Go hub side of grass seems soo green.. market cap is good, cash flow, debt, revenue, projection.. i like it.. still, need to confirm overall market sentiment, since iran-israel royal rumble just kick off.. with PMX cherry it on top with blackrock issues.. hahhaha.. hopefully KLCI boleh recover from all this nonsense prior to entry
A total of 20,452 applications for 1,594,106,300 IPO Shares were received from the Malaysian Public for 20,000,000 IPO Shares made available for application by the Malaysian Public, which represents a total oversubscription rate of 78.71 times. 10,000,000 IPO Shares have been set aside for allotment for the Bumiputera portion, which represents 50% of the IPO Shares available for public subscription, while the remaining 10,000,000 IPO Shares were allotted under the public portion. For the Bumiputera portion, a total of 10,835 applications for 656,494,900 IPO Shares were received, which represents an oversubscription rate of 64.65 times. For the public portion, a total of 9,617 applications for 937,611,400 IPO Shares were received, which represents an oversubscription rate of 92.76 times. The 12,000,000 IPO Shares reserved for application by the Eligible Persons have been fully subscribed.
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Go Hub is a technology company that focused on providing tailored IT solutions, encompassing customised software development systems and integration of hardware and software systems with an established track record in the bus and rail segments