Posted by DreamKaiser > 2 months ago | Report Abuse

Walao. Another good one for the Kaiser to kick off. Yay!!!🙌

Posted by DreamKaiser > 2 months ago | Report Abuse

Life Water starts accepting IPO applications from investors for RM82m Main Market listing
Justin Lim/theedgemalaysia.com
22 Oct 2024, 10:57 am

https://theedgemalaysia.com/node/731040

Posted by DreamKaiser > 2 months ago | Report Abuse

Can start gathering your ammo now, guys. Battle beginning soon.

Posted by KarenCKN > 1 month ago | Report Abuse

Biggest beverage manufacturer in Sabah as i knw. Offering 20% dividend. Can gather bullet already

Posted by DreamKaiser > 1 month ago | Report Abuse

Mercury Securities ascribes 74 sen fair value to Main Market-bound Life Water Bhd
Sankita Jayanandan
theedgemalaysia.com
29 Oct 2024, 05:24 pm

https://theedgemalaysia.com/node/732069

Posted by DreamKaiser > 1 month ago | Report Abuse

Analysts: Upsides to Sabah’s Life Water ahead of IPO

https://www.theborneopost.com/2024/10/29/analysts-upsides-to-sabahs-life-water-ahead-of-ipo/

Posted by mf > 1 month ago | Report Abuse

2024-10-30

Blog

Mercury Securities Ascribes 74 Sen Fair Value to Main Market-bound Life Water Bhd

Posted by BE_GREEEEEDY > 1 month ago | Report Abuse

RM 1.00 +..... NO Problem💪

Posted by mf > 1 month ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

43,910.98

-382.15

0.86%

Nasdaq

NASDAQ Composite

19,281.40

-17.36

0.08%

Posted by BE_GREEEEEDY > 1 month ago | Report Abuse

HOT Sabah IPO again 💪
another AZAM

Posted by Eurus1973 > 1 month ago | Report Abuse

Yes go, target 1.20

Posted by Hithere > 1 month ago | Report Abuse

Good momentum stock, EM stock is hot now ! bought @ 0.76 and will hold until reach my own TP RM1

Posted by flooi88 > 1 month ago | Report Abuse

i dont think this can compare to azam. Azam too kuat. consecutive few days increase since debut.

Posted by ktrader > 1 month ago | Report Abuse

spritzer in the making....yahoo..

Posted by GotNot > 1 month ago | Report Abuse

Run or Hold?

Posted by GotNot > 1 month ago | Report Abuse

I could not decide now, any advice. Run or Hold?
If run, got something,

Posted by Apple2353 > 1 month ago | Report Abuse

@GotNot - your money lah.. you ask people to decide for you ? what a joke !

Posted by foreverchung > 1 month ago | Report Abuse

Wow! Such a huge potential for Sabahan stock!

Am amazed that with 1 Sabah market alone already such market cap, I wonder if expand to other states or countries will significantly increase revenue and profit in the longer run?

IPO push aside, this seems to be a great stock to hold with its peers Spritzer!

Posted by Lightofheaven > 1 month ago | Report Abuse

Bravo!
Cantek!
漂酿！
Lwsabah Go Go Go

Posted by flooi88 > 1 month ago | Report Abuse

start to drop d

Posted by dxbman > 1 month ago | Report Abuse

STRONG BUY TP 1.00

Posted by Lightofheaven > 1 month ago | Report Abuse

haha dxbman..if above rm1.0
my bicycle become motorbike

Posted by Apple2353 > 1 month ago | Report Abuse

Boleh jadi Ferrari..

Posted by icecool > 1 month ago | Report Abuse

sudah jadi lambo

Posted by DreamKaiser > 1 month ago | Report Abuse

Life Water surges 18% on Main Market debut
Yu Jien Lim & Luqman Amin
theedgemalaysia.com
13 Nov 2024, 09:28 am
Updated 11:44 am

https://theedgemalaysia.com/node/733751

Posted by troy88 > 1 month ago | Report Abuse

Haha, kena goreng kau kau

Posted by BursaKakis > 1 month ago | Report Abuse

Life Water laying foundations for sustainable growth, future
https://thesun.my/business-news/life-water-laying-foundations-for-sustainable-growth-future-AI13283012

Posted by GotNot > 1 month ago | Report Abuse

"Be Greedy while others afraid" -waren bufet

Posted by Lightofheaven > 1 month ago | Report Abuse

mak kau..key in sell 1.05 today morning then i happily go shopping..now find out it is sick and loose stool...marah ni..

Posted by Lightofheaven > 1 month ago | Report Abuse

can i be greedy now?sure wont loose somemore ah?

Posted by turbochart > 1 month ago | Report Abuse

L.V. ? 😁

Posted by thundery > 1 month ago | Report Abuse

jangan main main ya

Posted by BE_GREEEEEDY > 1 month ago | Report Abuse

RM 1.00 + today 💪

Posted by metaverse > 1 month ago | Report Abuse

Most stock analysts have studied this lesser-known regional niche consumer player from a wrong perspective, comparing it to well-known brands like Spritzer is like comparing local hero 99Smart to global giant 7-11 so just take the bullish forecast (and the unrealistic target price) with a pinch of salt.

To be fair, those analysts should compare the price-to-earnings (PE) and price-to-book (PB) ratios to similar consumer companies in comparable geographical zones. For example, Sabah-based KTC (0180) has a PE ratio of 8.3x and a PB ratio of 0.6x. Given that Sabah is a relatively small market with weak purchasing power, it offers limited growth opportunities.

A stock analyst has assigned a fair value of 74 sen per share, which is 14% above its IPO price of 65 sen, based on a FY2025 PE of 11x. This implies an forward EPS of approximately 0.06727 sen. When comparing this information with KTC, which has a PE of 8.3x, the fair value of LW Sabah should be around 0.55 sen.

Additionally, take attention that KTC is trading below its NTA, indicating that the market sentiment for Sabah-based companies is rather weak. For those who still not convinced by my crystal ball analysis, just check the reported result of Olympia (3018) which do number forecasting business in Sabah but don't think this company ever made profit even though BJToto and Magnum made ton of profits at national level so the consumer market in Sabah is really hard to understand.

FY2023

LWSabah (5328)
Sales--RM150,962,159
PBT----RM34,479,000 (22%)

KTC (0180)
Sales--RM729,390,000
PBT----RM24,233,247 (3.29%)

Spritzer (7103)
Sales--RM490,675,000
PBT----RM65,924,000 (13%)

BJFood (5196)
Sales--RM1,115,966,000
PBT----RM148,734,000 (13%)

Karex (5247)
Sales--RM532,066,000
PBT----RM15,131,000 (2.8%)

The sales of KTC is about 5x the size of LWSabah, but KTC's PBT margin only 3.29% and the sales of Karex is about 3.5x the size of LWSabah, but Karex's PBT margin only 2.8% so using these data as the basis, the PBT margin of LWSabah at 22% may not be sustainable as PBT margin of 22% only global high tech stocks like Microsoft or Nvida can do that.

The math just don't add up so those retired uncle please think twice before you takeout all your EPF saving and all-in this company unless you really understand Sabah's erratic consumer market and also LWSabah's business model and how they can achieve such a marvelous PBT margin.

Posted by adikkici > 1 month ago | Report Abuse

Boleh rebound ke tak ni?

Posted by Noni > 1 month ago | Report Abuse

Very good, still above IPO price. Make money

Posted by Analyser > 3 weeks ago | Report Abuse

Suggest don't be bothered by daily swings of the stock. Buy based on conviction of the future business, growth and earnings.

A stable business with predictable income stream. Huge market yet to be untapped with Sarawak and Brunei. Lots of growth opportunities. Plus, valuation is so attractive.

Posted by cvinternational01 > 2 weeks ago | Report Abuse

Now at 0.810 , Can see 0.850 today

Posted by mf > 2 weeks ago | Report Abuse

2024-12-02

Price Target

AirAsia X Berhad - Stronger Quarter Ahead
Source : PUBLIC BANK, Price Call : BUY, Price Target : 2.47
Last Price : 1.90, Upside/Downside : +0.57(30.00%)