morning.. let paktua share baaic info regarding CarloRino
CARLORINO:
- Is a prominent Malaysian fashion retailer specializing in women's handbags, footwear, and accessories.
- In its IPO, the company issued 171.87 million new shares and offered up to 87.98 million existing shares for sale.
- The IPO was priced at RM0.27 per share, resulting in a market capitalization of approximately RM263.92 million upon listing.
- The funds raised from the IPO are intended to support the company's expansion plans, including opening new retail outlets, enhancing its online presence.
- And investing in marketing and promotional activities to strengthen its brand presence in the fashion retail industry.
Carlorino
sector: Consumer Products & Services. subsector: Personal Good Current Nosh :? current price :rm0.27 (at 18hb Dec 24)
RP Range base ipo rm0.27 RP+80=rm0.31 RP+120=rm0.33 RP+180=rm0.36 RP+240=rm0.39 RP+300=rm0.42 RP+450=rm0.495 RP+600=rm0.57 RP+900=rm0.72
T-Days Cycle (Base on 18hb Dec 24)
T-7=27hb Dec 24 T-14=10hb Jan 25
Base on 17hb Dec 24 P-23=4hb Feb 25 P-34=19hb Feb 25
- an IPO priced at RM0.27 per share, aiming to raise RM46.4 million.
- The IPO was met with significant interest, being oversubscribed by 18.43 times. - A total of 13,395 applications for 949.87 million issue shares were received from the Malaysian public.
The funds raised are allocated as follows:
Working Capital (Approximately RM23.2 million):
Inventory Purchases:
- RM10.2 million to stock up on inventory. - Rental Payments: RM10 million for boutique store rentals.
- Advertising and Promotion: RM3 million to enhance marketing efforts.
Construction and Fitting Out of New Flagship Boutique:
- A portion of the funds will be used for establishing a new flagship boutique to strengthen brand presence.
Refurbishment of Existing Boutiques and Departmental Store Counters:
- Upgrading current retail spaces to improve customer experience.
- IT Infrastructure Maintenance: Investing in IT upgrades and cloud-based tools to ensure seamless integration with third-party marketplaces such as Shopee, Lazada, Zalora, and TikTok Shop.
Listing Expenses:
- Covering costs associated with the IPO process.
- This strategic allocation is designed to support CarloRino growth initiatives, enhance operational efficiency, and expand its market presence both domestically and regionally.
- As the company anticipates this transition, it faces several challenges in 2025 that could impact its main business operations:
1. Rising Operating Costs:
- The implementation of a higher minimum wage and potential petrol rationalization are expected to increase operational expenses.
- These factors could pressure profit margins if not managed effectively.
2. Subdued Consumer Sentiment:
- Economic uncertainties may lead to cautious consumer spending, affecting sales performance.
- However, the anticipated pay hike for civil servants and festive spending could provide a counterbalance, potentially boosting demand for Carlo Rino's products.
Carlo Rino is involved in designing, marketing, and selling women’s handbags, footwear, and accessories, with products distributed through three channels ... Quite similar to Jimmy Choo
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mf
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