26/01/2022
Saja nak bagitau. TP price untuk seng heng untuk Esok. Sebagai panduan sahaja.
FairValue Sen heng IPO tmrw;
Rhb : 1.11
Interpac : 1.27
TA : 1.21
Amanah Raya : 1.24
Ok dh check retailers counter compare dengan seng heng.
Retailers :
Seng heng : pe 31.3 (mrktcp 1.3B)
Beshom (hai-o) : pe 20 (market cp 500 m)
Mynews : pe -ve
Amway : pe 21.72 (mrktcp 800m)
Pohkong : pe 11.85 (mrkcp 324m)
Kamdar : pe -ve
Atlan : pe -ve
Due to high valuation on the first day listing, make it less attractive to buy instead of seller keep on throwing. so need to wait for quarter report for a while. Keep on study on a smller time frame. KLCI breath today so weak to support the ipo price. cash flow also not that superb. 😬