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Last Price

2.00

Today's Change

0.00 (0.00%)

Day's Change

1.91 - 2.00

Trading Volume

550,400


3 people like this.

921 comment(s). Last comment by tokhun 2024-02-29 20:20

Posted by investjak14 > 2014-05-30 09:09 | Report Abuse

first

Posted by reachabbler > 2014-05-30 09:11 | Report Abuse

2nd

Posted by mastermarcus > 2014-05-30 09:13 | Report Abuse

Guys can invest this? What is the reasonable price to in?

Dylan1027

1,113 posts

Posted by Dylan1027 > 2014-05-30 09:13 | Report Abuse

huge selling pressure. Hardly fly..

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-05-30 09:15 | Report Abuse

will rugi if you enter today

Posted by mastermarcus > 2014-05-30 09:16 | Report Abuse

Ok, then. I will wait and see.....

AC Gan

188 posts

Posted by AC Gan > 2014-05-30 09:17 | Report Abuse

...good start with good support..!

sephiroth

14,145 posts

Posted by sephiroth > 2014-05-30 09:18 | Report Abuse

wahhh 50-60X PE also want to buy r, good luck

huat888

514 posts

Posted by huat888 > 2014-05-30 09:21 | Report Abuse

don't worry, maybank is the price stabilizing manager.

Posted by MrWealthy4321 > 2014-05-30 09:21 | Report Abuse

Beside SEM ...others vol so low.....lagi Friday, World Cup and school holiday effects ,,,,,,time to zzzzzzzzzzzz

bursa1818

77 posts

Posted by bursa1818 > 2014-05-30 09:25 | Report Abuse

Jual...jual...hold...hold....buy..buy....

Livinia

512 posts

Posted by Livinia > 2014-05-30 09:32 | Report Abuse

jual jual jual cunning people behind

tekken

797 posts

Posted by tekken > 2014-05-30 09:32 | Report Abuse

good day to .....

Posted by GoogleKaki > 2014-05-30 09:35 | Report Abuse

will rugi if you enter today +1

Posted by reachabbler > 2014-05-30 09:36 | Report Abuse

I wait 1st.. won't buy now.

KAQ4468

21,497 posts

Posted by KAQ4468 > 2014-05-30 09:41 | Report Abuse

Buy must buy...but not today lorrr...hang your neck if enter today.. Maybe can go as low as 1.30 haha.. Maybank appointed as stabilizing manager? Confirm?

Posted by GoogleKaki > 2014-05-30 09:43 | Report Abuse

lol. like caring or bjauto, first day shoot up ?

huat888

514 posts

Posted by huat888 > 2014-05-30 09:46 | Report Abuse

yes, Maybank is appointed as price stabilising mgr to buy 74.034 million shares or for 30days.

malaysian

93 posts

Posted by malaysian > 2014-05-30 09:47 | Report Abuse

below 1 soon....con con lousy

malaysian

93 posts

Posted by malaysian > 2014-05-30 09:47 | Report Abuse

sell sell sell

KAQ4468

21,497 posts

Posted by KAQ4468 > 2014-05-30 09:51 | Report Abuse

Thanks Huat for the info.. Means need to buy after 30 days lorrr.... Why need stabilizing manager? Takut ka? Haiyaaaa...scary lorr, AAX as example ..

malaysian

93 posts

Posted by malaysian > 2014-05-30 09:56 | Report Abuse

why need stabilizing manager? -to do show lah for the fools who buy...sell sell sell

Kent

356 posts

Posted by Kent > 2014-05-30 10:01 | Report Abuse

I don't believe in Stabilizing manager anymore, it doesn't make any different for me, look at AAX...

BSHARK

10 posts

Posted by BSHARK > 2014-05-30 10:05 | Report Abuse

This share is lousy..people earning at 1.38 or 1.41 the rest is leftover by shark...pucuk suda...better don't touch...I sold my 50,000 lots at smiling face..careful

Go4Share

108 posts

Posted by Go4Share > 2014-05-30 10:24 | Report Abuse

May go back to 1.38 by the end of today. Tatak belani mau beli.

mewtwo

37 posts

Posted by mewtwo > 2014-05-30 10:27 | Report Abuse

the PE doesn't looks attracting also,u guys want buy at 1.46 now then all the best la

ferdtwh

760 posts

Posted by ferdtwh > 2014-05-30 10:34 | Report Abuse

Me too, sold to gain 6% from received IPO shares.... this share is too expensive.....

Posted by GoogleKaki > 2014-05-30 10:45 | Report Abuse

ferdtwh u r the lucky ones..IPO application not always kena.

KAQ4468

21,497 posts

Posted by KAQ4468 > 2014-05-30 10:46 | Report Abuse

AAX in the making...kasi black list sama dia..once price stabilizing appointed , means they already know price will face selling pressure...overvalued... Siapa mau masuk , masuk la..rezeki masing masing...ada luck , u makan lorrr... I select Xinghe today instead of SEM..

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2014-05-30 10:49 | Report Abuse

Seven eleven is a NON shariah stock....sell beers at its outlet....

nicholasnwh90

1,114 posts

Posted by nicholasnwh90 > 2014-05-30 10:51 | Report Abuse

Dont mean to offend anyone but this is how people lose money. Even if you want to trade, find some safer counters.

heng2

93 posts

Posted by heng2 > 2014-05-30 10:52 | Report Abuse

Non shariah stock meaning no muslim bought the IPO?

Topdodo

71 posts

Posted by Topdodo > 2014-05-30 10:54 | Report Abuse

just saw the stock tracker, a lot trap above 1.45 :p

Topdodo

71 posts

Posted by Topdodo > 2014-05-30 10:55 | Report Abuse

*trapped

thinkndo

186 posts

Posted by thinkndo > 2014-05-30 11:09 | Report Abuse

Not really interested at this.....being doubt and wondering is this a good business to invest....check on the surrounding majority outlets.....are they really making lots profit??? Any ideas??

Caveman

387 posts

Posted by Caveman > 2014-05-30 11:36 | Report Abuse

7-Eleven has vested .100 cents in this stock which is now trading @ RM1.40+. Do you really think they have enough vested interest for RM1.40+?

Posted by Stock Operator > 2014-05-30 11:43 | Report Abuse

sem en

Ant

1,504 posts

Posted by Ant > 2014-05-30 11:46 | Report Abuse

1 shop 1.2m and all are rented

up41

70 posts

Posted by up41 > 2014-05-30 11:48 | Report Abuse

Some interesting things from the prospectus .
Page 221- Same stores sales growth was negative 2013. The rest of the years, the growth were small. Why bother ? Ask any good retailers nicely, they will tell you.
Page 209 - GP% increased every year - not even a dip in any year. Very impressive indeed in a very competitive industry like convenient stores.
Page 212 Trade payable of 322M or about 97 days of average credit ( meaning some suppliers were paid more than 4 months) . - If one include the Banker Acceptance amount - the figures might be bigger. 7 -11 are selling fast moving products why the average terms is that long ? I remembered my relative's sundry shop had to pay cash for tobacco. ( 35% of its sales is tobacco Page 217) Tobacco boys really know how to bully small players.

Is the PE justifiable ? If one think this company could growth profit very fast then yes. Otherwise ........

Dylan1027

1,113 posts

Posted by Dylan1027 > 2014-05-30 11:51 | Report Abuse

show time.. here we go !

stncws

10,711 posts

Posted by stncws > 2014-05-30 11:59 | Report Abuse

Vincent Tan is magic like CSL,HUANN,...China whiter collar

speakup

27,038 posts

Posted by speakup > 2014-05-30 12:01 | Report Abuse

VT already give 5% angpow, dont be greedy

up41

70 posts

Posted by up41 > 2014-05-30 12:02 | Report Abuse

One more page to read: Page 240. The merchandise shortage is included as expenses. Some retailers use the actual stock count figures to compute GP%, ie the reported GP% for this method would be lower. SEM GP% therefore would look higher even for the same % of shortage. How high is the merchandise shortage for retailer ? It could vary from 0.5 to 8% of sales. And the good thing about this item is that until proper stock count is done, there is no shortage. It is fun to be retailer.

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2014-05-30 12:02 | Report Abuse

Heng2.....Yes....Most Muslim don't buy this stock...plus No institution will buy this stock......NON Syariah......

eftee

1,210 posts

Posted by eftee > 2014-05-30 12:03 | Report Abuse

Wah 133 million done. buy and sell until no more buyers

aiman168

799 posts

Posted by aiman168 > 2014-05-30 12:06 | Report Abuse

TP for today guys?

speakup

27,038 posts

Posted by speakup > 2014-05-30 12:06 | Report Abuse

if u sell, VT will buy
if u buy, VT will sell

up41

70 posts

Posted by up41 > 2014-05-30 12:27 | Report Abuse

This is purely for fun. If TP base on PE of 10 instead of those vested interested parties estimate of 20 ( or 30 depending on your assumption of profit growth rate) assuming -it can grow profit to 6 sen per share (TA estimated ) then TP should only around 60 cents :) If profit is not growing, then TP should be ...................

sookfun

345 posts

Posted by sookfun > 2014-05-30 12:37 | Report Abuse

dun get trapped

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