PublicInvest Research
TECHNICAL BUY: SMART (0306)
PublicInvest
Publish date: Mon, 07 Oct 2024, 09:28 AM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
Description
SMART specialises in developing, manufacturing, distributing, and selling a diverse range of decorative paints and protective coatings for household and industrial applications.
Fundamentals
The Group intends to expand its dealer network by adding 800 new dealers between 2024 and 2026. During this period, The Group plans to invest in 250 Smart Colour Point-of-sale (POS) Tinting Machines for distribution to local wholesalers and dealers, aiming to boost sales.
Source: PublicInvest Research - 7 Oct 2024
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