can someone verify the NTA ,listed at 8.75 ,is 8.75c or 8.75 rgt? If it is 8.75 rgt, not realistic as current share @1.89 rgt is trading far below NTA If it is 8.75c, than investors are paying too much @1.89 . That mean, each share holds only less than 9c of asset per share (maggie mee, detergent, rice,sugar..)
Not Overpriced! Now the hungry birds will shed of their shares first especially those subscribe ones and also the early birds. Let them shred off their wings first and this will about 2 weeks. It will stabilise first before taking off again. The KK mart has been doing badly and 7-11 is too expensive so this is the only popular one around so it has to do well. Also note the way this 99 is mushrooming in every corner of the country right, left up and down. Everywhere! And if they venture internationally, the sky will be the limit. Read about 7-11 as how they started by one man and for years he was having one outlet before it expanded and it’s a history. Anyway let’s not go too far and just watch its movements during CNY and RAYA and you can make your judgement.
@JJPTR, check the company's latest quarterly report. Total assets = RM2.836 billion Total liabilities = RM2.136 billion Net assets = RM700 million. Total number of shares = 8.4 billion Not difficult now to work out its nta
Say what you all want but every company got their own charisma. I find it all green for this company. The only problem these family concern companies is that if the head of family dies and the family members become greedy and start fighting with each another. In short family disputes! If they keep united they will go very far otherwise they will be doomed!
99SMART is much better than Mr DIY Mr DIY open flat at IPO price@ RM 1.60 , then plunge / RED to RM 1.50 and then gradually up This steady 99SMART - 💪 solid till now .....more to come , Bebi..
now u know why our bank profits up up. mostly contributed by the IBs division who goreng IPO stocks IBs goreng short term then sell the shares to long term uncle aunty pakcik makcik retailers
"It's NTA cannot be RM8.75 after listing. The moment it got listed, it's liabilities ballooned.." @gohkimhock, its liabilities shouldn't balloon but the number of shares in circulation could have increased by 100 times.
mrdiy sell all the stuff cannot eat one except junk food 99 sell all the necessity food. The turnaround is fast. Cash flow strong . Therefore expect higher dividend.
by the way, invest by your own, don't listen to others, and no need to pursue others to follow..i'm short term investor, so i left first, here a bit slow the movement, i place my bullet in fast moving stock..
Everyone has a right over their opinion and there is no need to follow if you don’t wish or you don’t agree, understand! We are here to freely share your opinion and that’s what this web is about and not cock and bull take in very very poor English.
DIY and 99 are two different counters with very little in common. 99 would be more attractive as it caters for daily needs. DIY is okay but far far fr 99. Think it over!
Ikan Bilis and small speculative farts are still selling. Let them sell and it will take another 2 weeks to clear this bilis and than you will get a clearer view. Collect if have the cash and just hold till CNY in January and you will get a handsome ang pow. If you can a little longer than you will get a double ang pow.
I don't expect its eps to exceed 6 sen a share this year. How much dividend can you expect? If you want dividend yields exceeding 5 or even 6%, perhaps can consider buying bank counters.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
AngAngBoHaiLang
128 posts
Posted by AngAngBoHaiLang > 1 month ago | Report Abuse
JJPTR, NTA is new IPO? what company?