DreamKaiser

Wow. Another cool one for the Kaiser to flag off.

2 weeks ago

DreamKaiser

Well, time to get cracking with the ammo gathering then, guys.

2 weeks ago

SHOB

good luck to me

2 weeks ago

DreamKaiser

Good luck to you, bro. Hope you win your star.

1 week ago

DreamKaiser

Sunview-backed Winstar's ACE Market IPO draws over RM400 mil retail interest
Syafiqah Salim/theedgemalaysia.com
06 Dec 2024, 05:36 pm

https://theedgemalaysia.com/node/736860

1 week ago

Safeld65

Another IPO which will be 100x oversubscribed

1 week ago

Uguess

FYI, the funds raised will be allocated to expanding production lines to address supply and demand issues. Notably, Winstar is among the few publicly listed aluminum companies that did not use a portion of the raised funds to repay debts 👍👍

3 days ago

eL3MeN7K

only 80x oversubscribe but close enough, so far estimated valuation are pretty attractive among recents ipo. Winstar are also one of the few aluminum-listed companies that allocates no portion of its ipo funds for debt repayment.

3 days ago

sweetpie

Based on their listing projections, they are confident in maintaining a 30% CAGR and is expected to transit to the Main Market within the next 3-5 years.

2 days ago

DreamKaiser

Sunview-backed Winstar posts 3Q net profit of RM3.3m ahead of listing
Justin Lim/theedgemalaysia.com
16 Dec 2024, 08:49 pm

https://theedgemalaysia.com/node/737910

2 days ago

MajinLalaBu

The strong Q3 performance was anticipated, as Winstar is the first listed company to establish extensive collaboration with local solar firms and offer bracket production and related services

2 days ago

gloveshapiro

standby on thursday, result is good & will improve more in the future as China's recent removal of aluminum processing subsidies has reduced the price gap between local and Chinese products. This shift in demand is expected to bring more customers to Winstar.

2 days ago

sweetpie

Not only that, they are also poised to be one of the main beneficiaries of the country’s renewable energy transition.

2 days ago

Rose001

saw this video sharing Winstar latest earnings https://youtu.be/_90ijL476g0

1 day ago

Hokkage

Thanks to its investment in and collaboration with Sunview, Winstar has achieved impressive initial results. The company plans to expand its aluminum extrusion production capacity and is expected to deliver strong performance in the next financial report following its listing 😎

1 day ago

YeahGary

Q3 result pretty good, huge potential growth with over 3,000 clients from infrastructure and property contractors. can see WINSTAR winning again in Q4

1 day ago

weiyanghau

China has removed subsidy taxes on aluminum processed products, narrowing the price gap between local and Chinese products. This shift is expected to drive order flow back to the group, helping it gain more customers.

20 hours ago

paktua73

morning.. paktua share own reviews on winstar new IPO


tut tut
antara favorite segment paktua ni

11 hours ago

paktua73

Winstar operates primarily in three sectors:

1. Aluminium Extrusion and Fabrication:
- This includes manufacturing aluminium profiles, ladders, and solar photovoltaic (PV) mounting structures.

2. Trading and Distribution of Building Materials:
- The company deals in aluminium profiles, stainless steel products, and silicone sealants.

3. Solar PV System Installation Services:
- Winstar provides installation services for solar PV systems, leveraging its expertise in aluminium fabrication to produce mounting structures for these systems.

- In the Malaysian market, several companies share similarities with Winstar's business model, particularly in the aluminium fabrication and renewable energy sectors. Notable counterparts include:

Press Metal :
- As a leading aluminium producer in Southeast Asia, Press Metal engages in the extrusion and fabrication of aluminium products, serving various industries including construction and automotive.

Sunview :
- A renewable energy company focusing on solar energy solutions, Sunview collaborates with Winstar in the installation of solar PV systems, indicating overlapping interests in the renewable energy sector.

Mestron :
- Specializing in steel pole manufacturing, Mestron has diversified into the renewable energy sector, including investments in solar energy projects, aligning with Winstar's involvement in solar PV installations.

Looking ahead to 2025:
- the business ecosystem for companies like Winstar is expected to present both opportunities and challenges:-

Renewable Energy Growth:

- Malaysia's National Energy Transition Roadmap (NETR) aims to increase the share of renewable energy in the national grid.

- This policy is likely to boost demand for solar PV installations, benefiting companies like Winstar.

Competitive Market: The:

- Aluminium fabrication and renewable energy sectors are becoming increasingly competitive, with both local and international players vying for market share.

- Companies will need to innovate and improve efficiency to maintain a competitive edge.

Supply Chain Dynamics:

- Fluctuations in raw material prices, particularly aluminium, and potential supply chain disruptions could impact production costs and timelines.
- Effective supply chain management will be crucial.

Technological Advancements:

- Rapid technological changes in renewable energy solutions require continuous investment in research and development to stay relevant and meet evolving customer demands.

Regulatory Environment:

- Compliance with environmental regulations and sustainability standards will be essential.

- Companies may face increased scrutiny regarding their environmental impact and sustainability practices.

SUMMARY:

- while the business ecosystem in 2025 offers significant growth prospects for companies like Winstar, particularly in renewable energy, it also presents challenges that will require strategic planning, innovation, and adaptability to navigate successfully.


tut tut
sambung..

11 hours ago

paktua73

Winstar

EPS:

- For the third quarter ended September 30, 2024, Winstar reported a net profit of RM3.31 million, translating to an EPS of
= 1.42 sen.

P/E Ratio:

- Based on the current share price of RM0.35 and an annualized EPS of approximately = 4.56 sen, Winstar's P/E ratio is calculated as follows:


This P/E ratio suggests that investors arecompany's earnings per share, indicating a relatively moderate valuation compared to industry peers.

Industry Comparison:

- Analysts have assigned fair values to Winstar based on projected EPS and industry P/E multiples. For instance:

- M+ Online assigned a fair value of = RM0.56 per share, based on a P/E ratio of 15x pegged to the forecasted FY2025 EPS of 3.75 sen.

- Mercury Securities assigned a fair value of = RM0.52 per share, based on a P/E ratio of 10x FY2025 EPS, indicating a 47% upside from the IPO price.

- These valuations reflect strong earnings growth potential, driven by strategic ventures into the solar panel market and expansion plans.

Conclusion:

Winstar's current EPS and P/E ratio indicate a company with solid earnings and a valuation that is attractive relative to its industry peers.
- The company's strategic expansion plans and ventures into new markets suggest potential for future growth, which may positively impact its financial metrics moving forward.

tut tut
finish

11 hours ago

mf

target 0.720

11 hours ago

paktua73

Winstar:
- Is undertaking an Initial Public Offering (IPO) on the ACE Market of Bursa Malaysia,
- Issuing 56.55 million new shares at RM0.35 per share, aiming to raise approximately RM19.79 million.

The funds are allocated as follows:

- Purchase of new machinery and equipment: RM15.00 million (75.8%)

- Working capital: RM3.60 million (18.2%)

- Estimated listing expenses: RM1.19 million (6.0%)

The primary focus is on expanding production capacity by installing four new aluminium extrusion lines.

The first two lines are targeted for installation by Q2 2025, and the remaining two by Q2 2026.

This expansion aims to enhance the group's ability to serve a broader customer base, including construction companies, property developers, aluminium product manufacturers, wholesalers, and solar PV industry engineering, procurement, construction, and commissioning companies in Malaysia.

The working capital will support the company's operational needs during this expansion phase, ensuring smooth business operations and the ability to meet increased demand.

The listing expenses cover costs associated with the IPO process, including professional fees, regulatory charges, and other related expenditures.

By allocating the IPO proceeds in this manner, Winstar Capital Berhad aims to strengthen its market position and capitalize on growth opportunities within the aluminium extrusion industry.

tut tut
yg buat paktua tertarik ialah IPO fund tak located untuk bayar Hutang..

11 hours ago

paktua73

winstar:

sector: Industrial  Products & Services.
subsector: Metals
Current Nosh :290M
IPO price :rm0.35
(at 19hb Dec 24)

Winstar Capital Berhad, listed on Bursa Malaysia's ACE Market under the stock code 0336, is a Malaysian company primarily engaged in:

- Aluminium Profile Extrusion: Manufacturing aluminium profiles used in various industries.

- Ladder Fabrication: Producing aluminium ladders for both industrial and consumer markets.

- Building Materials Trading and Distribution: Supplying a range of construction materials to the market.

- Solar Photovoltaic (PV) System Installation: Providing services for installing solar PV systems and trading related materials and accessories.

These activities position Winstar in both the construction and renewable energy sectors, aligning with Malaysia's National Energy Transition Roadmap (NETR).

In its recent initial public offering (IPO) priced at RM0.35 per share, Winstar raised approximately RM19.79 million. The allocation of these funds is as follows:

- Capital Expenditure (RM9.55 million): Purchasing a new aluminium extrusion press machine and related equipment to double the company's extrusion capacity from 6,705 tonnes to 15,285 tonnes annually.

- Working Capital (RM6.24 million): Supporting day-to-day operations, including the procurement of raw materials like aluminium billets.

- Listing Expenses (RM4 million): Covering costs associated with the IPO process.

This strategic allocation is intended to enhance Winstar's production capabilities and market presence, particularly in the aluminium extrusion and renewable energy sectors.

RP Projection base on ipo price

RP Range base ipo rm0.35
RP+80=rm0.39
RP+120=rm0.41
RP+180=rm0.44
RP+240=rm0.47
RP+300=rm0.50
RP+450=rm0.575
RP+600=rm0.65
RP+900=rm0.80

T-Days Cycle
(Base on 19hb Dec 24)

T-7=30hb Dec 24
T-14=9hb Jan 25

Base on 19hb Dec 24
P-23=22hb Jan 25
P-34=12hb Feb 25


tut tut
paktua pick Winstar as final swing pick for 2024..
dedline set on P-54..
let battles begin..

10 hours ago

Rose001

this stock is flying go go go

10 hours ago

mf

hold

10 hours ago

fregend

good opening, lets see if sunview will follow next?

10 hours ago

Uguess

Winstar is among the IPOs considered undervalued in 2025. Buy if the price pulls back

9 hours ago

DreamKaiser

Winstar Capital rises 40% on ACE Market debut
Sankita Jayanandan theedgemalaysia.com
19 Dec 2024, 09:46 am
Updated - 10:47 am

https://theedgemalaysia.com/node/738284

5 hours ago

DreamKaiser

Walao. Now up 16 sen (45.71%).

5 hours ago

DreamKaiser

heng aarh, ong aarh, huat aarh

5 hours ago

Silentreader88

Insider is trying to block the price to prevent price going up so fast, means it is good sign. :)

5 hours ago

OldtimerTrader

winning day for winstar

4 hours ago

growthstockhunter

Is normal when the fundamental is good, the game wont end so soon one

4 hours ago

elhippo2001

under sunview, WINSTAR sure can win lor. LSS5 coming in soon

4 hours ago