KLSE (MYR): 99SMART (5326)
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Last Price
2.44
Today's Change
-0.02 (0.81%)
Day's Change
2.44 - 2.48
Trading Volume
14,184,000
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: CONSUMER PRODUCTS & SERVICES CONSUMER PRODUCTS & SERVICES
Subsector: RETAILERS RETAILERS
Index Group: CONSUMER PRODUCTS & SERVICES CONSUMER PRODUCTS & SERVICES
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: No No
Short Sell Flag: No No
IDSS Flag: No No
99 Speed Mart Retail Holdings Berhad, initially incorporated as 99 Speed Mart Holdings Sdn Bhd on 15 May 2023, was rebranded and converted to a public limited company on 29 January 2024. The company focuses on investment holding and management services, with a history dating back to 1987 when founder Lee Thiam Wah opened "Pasar Raya Hiap Hoe" in Klang. It evolved into the 99 Speed Mart chain, expanding throughout Peninsular and East Malaysia, operating 2,651 outlets and 19 distribution centers. The company also established subsidiaries in China in 2023 for merchandise procurement.
The euphoria is real. Exactly like glove rally during COVID !!. let the soh*i buy and get burned.
2 weeks ago
Never regret holding this counter since IPO !!! As said , forget the noise or over-priced … hehe
2 weeks ago
Masih awal utk TP. 99 akan naik lebih tinggi lagi selepas ia masuk indeks FTSE KLCI
2 weeks ago
Hooray. Those who say over-priced must be bounded by their limited knowledge of how market works. They are too obsessed with fundamental analysis until they miss the chance to earn handsome profit. Whether you like it or not, more institutional investors have to buy as per their investment mandate since it is now officially KLCI index stocks.
2 weeks ago
Better to invest in domestic stocks like 99smart compared to export oriented counters like tech, solar etc. Trump is going to impose tariffs on them and these stocks are going to tank.
1 week ago
Analysts predict a rerating to a forward PE of 36.5x, potentially raising the share price to RM3.12 from the current target price of RM2.60, based on historical trends observed with similar companies (e.g., Nestle, QL Resources).
https://www.minichart.com.sg/2024/12/15/top-malaysian-stocks-poised-for-explosive-growth-and-dividends-in-2025-dont-miss-these-opportunities/
1 week ago
Strong consumer spending power especially festivals , good for retail business like 99 !!
5 days ago
SJSOON
https://www.businesstoday.com.my/2024/12/05/99-speedmart-gamuda-joins-ftse-bursa-klci/
2 weeks ago