CARLO RINO GROUP BERHAD
KLSE (MYR): CARLORINO (0335)
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Last Price
0.225
Today's Change
-0.045 (16.67%)
Day's Change
0.215 - 0.25
Trading Volume
80,403,000
IPO Info
Offer Period
Opening
2024-11-28
Closing
2024-12-05
Time Table
Allotment Date
2024-12-16
Listing Date
2024-12-18
Price
Issue Price
-
Units
977,517,100
Share Capital
114,403,739.000
No of Shares
Public Issue
-
Offer for Sale
-
Private Placement
-
Issuing House
-
ISIN Code
MYQ0335OO008
Prospectus:
INITIAL PUBLIC OFFERING ("IPO") IN CONJUNCTION WITH THE TRANSFER OF LISTING OF CARLO RINO GROUP BERHAD ("CARLORINO") FROM THE LEAP MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") TO THE ACE MARKET OF BURSA SECURITIES COMPRISING PUBLIC ISSUE OF 171,865,700 NEW ORDINARY SHARES IN CARLORINO ("SHARES") ("ISSUE SHARES") IN THE FOLLOWING MANNER: (A) 48,876,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (B) 800,000 ISSUE SHARES MADE AVAILABLE FOR APPLICATION BY INDEPENDENT NON-EXECUTIVE DIRECTORS OF CARLORINO; AND (C) 122,189,700 ISSUE SHARES MADE AVAILABLE BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS AS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY, AT AN IPO PRICE OF RM0.27 PER ISSUE SHARE, PAYABLE IN FULL UPON APPLICATION
CRG Incorporated Berhad - Information Memorandum.pdf
Carlo Rino Group Berhad - Prospectus (Part 1).pdf
Carlo Rino Group Berhad - Prospectus (Part 2).pdf
Discussions
Be the first to like this. Showing 19 of 19 comments
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
tut tut
sambung..
4 hours ago
CarloRino
- 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.
tut tut
sambung..
4 hours ago
Counters has Similarities business segments with CarloRino:
- Below several companies operate in similar business segments:-
BONIA:
- Engages in the design, manufacturing, and retail of luxury leather goods, footwear, and accessories.
PADINI:
- Focuses on the retail of fashion apparel, footwear, and accessories under various brand names.
TGL:
Involved in the distribution and retail of apparel, footwear, and accessories.
MESB :
- Engages in the wholesale and retail of apparel and accessories.
- These companies share similarities with Carlo Rino in terms of product offerings and target markets within the fashion retail industry in Malaysia.
- Investors interested in Carlo Rino should consider the competitive landscape and market dynamics of the Malaysian fashion retail sector.
- As well as the company's specific business strategies and financial performance.
tut tut
sambung..
4 hours ago
CarloRino
- 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.
tut tut
sambung..
4 hours ago
CarloRino
EPS:
- As of December 2024, CarloRino EPS is reported at = RM0.02.
P/E Ratio:
- CarloRino's P/E ratio is approximately = 14.50.
- This P/E ratio suggests that investors are paying RM14.50 for every RM1 of earnings.
- Which is relatively moderate compared to industry standards.
Dividend Information:
- CarloRino has declared a forward dividend of RM0.01 per share, yielding approximately 3.45%.
Market Capitalization:
- The company's market capitalization stands at around RM233.64 million.
Comparison with Industry Peers:
- When compared to peers in the specialty retail industry, CarloRino P/E ratio is competitive.
- For instance, Bonia has a P/E ratio of 12.1x, while Padini Holdings Berhad's P/E ratio is 16.4x.
Conclusion:
- CarloRino exhibits a solid EPS and a P/E ratio that aligns with industry norms, indicating a stable financial position.
- The dividend yield further enhances its appeal to income-focused investors.
- However, it's essential to consider other financial metrics and market conditions when evaluating investment opportunities.
tut tut
finish sekadar basic info
paktua not swing here
4 hours ago
Paktua own prinsip if swing in IPO
jika pecah ipo level paktua avoid
tut tut
hanya pendirian peribadi..
4 hours ago
When everyone is selling then better don't touch. From my view, this stock worth TP 0.15~0.17
3 hours ago
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
2 hours ago
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