LIFE WATER BERHAD
KLSE (MYR): LWSABAH (5328)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.905
Today's Change
-0.01 (1.09%)
Day's Change
0.89 - 0.925
Trading Volume
7,683,100
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
Be the first to like this. Showing 34 of 34 comments
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
1 month ago
Biggest beverage manufacturer in Sabah as i knw. Offering 20% dividend. Can gather bullet already
3 weeks ago
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
3 weeks ago
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/
3 weeks ago
2024-10-30
Blog
Mercury Securities Ascribes 74 Sen Fair Value to Main Market-bound Life Water Bhd
2 weeks ago
Dow Jones
Dow Jones Industrial Average
43,910.98
-382.15
0.86%
Nasdaq
NASDAQ Composite
19,281.40
-17.36
0.08%
1 week ago
Good momentum stock, EM stock is hot now ! bought @ 0.76 and will hold until reach my own TP RM1
1 week ago
i dont think this can compare to azam. Azam too kuat. consecutive few days increase since debut.
1 week ago
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!
1 week ago
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
1 week ago
Life Water laying foundations for sustainable growth, future
https://thesun.my/business-news/life-water-laying-foundations-for-sustainable-growth-future-AI13283012
1 week ago
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..
1 week ago
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. Go and read the analysts' bullish buy calls published last year for the crab stock named Cape EMS (CEB 5311) and see how much it is trading now! Notwithstanding the bullish buy calls in one year CEB has dropped more than 70% so never buy stock based on analyst report as their stock analysis most of the time as good as our tv weather forecast.
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 but could be lower when the high tide has gone. 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 revenue of KCT is about five times the size of LWSabah, making the 22% PBT of LWSabah potentially unsustainable given the highly depressed consumer market in Sabah. Surprisingly, KTC’s PBT is much lower than LWSabah’s. KTC might need to consider joining the bandwagon and switching to the bottled water business. However, when comparing LWSabah’s figures to national players like Spritzer or BJFood (who owned the Starbucks franchise) or Karex, it appears that LWSabah's revenue and PBT may be overly stretched. As a local consumer player based in Sabah, LWSabah seems to have outperformed all the national players by many miles ahead.
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 sales and PBT but this is only my wild guess but the traded volume is getting tired so the syndicates could be running out of fuel to do the push-up exercises.
9 hours ago
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-21 16:30:00
EMA 5
10 Mins
BUY
2024-11-21 16:15:00
TURTLE SYSTEM 20
5 Mins
SELL
2024-11-21 16:10:00
TURTLE SYSTEM 20
5 Mins
BUY
2024-11-21 15:50:00
EMA 5
5 Mins
BUY
2024-11-21 15:00:00
ADX
10 Mins
SELL
Apps
Top Articles
1
2
Good Articles to Share
3
4
Koon Yew Yin's Blog
Why all plantation companies will continue to report more profit - Koon Yew Yin
5
AmInvest Research Reports
6
7
save malaysia!
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
DreamKaiser
Walao. Another good one for the Kaiser to kick off. Yay!!!🙌
1 month ago