99 SPEED MART RETAIL HOLDINGS BERHAD

KLSE (MYR): 99SMART (5326)

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Last Price

2.36

Today's Change

-0.01 (0.42%)

Day's Change

2.35 - 2.39

Trading Volume

13,332,500


2 people like this.

1,006 comment(s). Last comment by keepup 13 hours ago

hughug

24 posts

Posted by hughug > 1 month ago | Report Abuse

@Ravetidus you are right it is 8.75 cents per share, so 1 lot will 8.75 dollars :)

icecool

5,038 posts

Posted by icecool > 1 month ago | Report Abuse

after 99 speed mart ipo i notice 99 speed mart near my place prices all up, this is a good sign that management care about the profit for share holders, buying 99smart shares will be good for long term.

Posted by David Gunter > 1 month ago | Report Abuse

Dickyme is a class one DICK HEAD aka KEPALA BUTOH

DickyMe

14,891 posts

Posted by DickyMe > 1 month ago | Report Abuse

" Posted by David Gunter > 1 hour ago | Report Abuse

Dickyme is a class one DICK HEAD aka KEPALA BUTOH"
=================================

Confession of an expert blow job king🤣🤣🤣

Posted by Balian de Ibelin > 1 month ago | Report Abuse

no lah
Bangla supermarkets all buy from 99Speedmart every second non-stop
and markup 50% to sell to Bangla workers and local Malaysians
Everyday 99Speedmart shelves sometimes sapu until totally blank
and local Malaysians no chance to buy any groceries forced to starve or
wanna buy groceries forced to buy from Bangla criminal organisations
while Bangla criminal gangs laugh all the way to Banglaland with Billions of RM transferred overseas.

so no choice increase price to reduce Bangla Criminal gangs profits.




Posted by icecool > 2 hours ago | Report Abuse

after 99 speed mart ipo i notice 99 speed mart near my place prices all up, this is a good sign that management care about the profit for share holders, buying 99smart shares will be good for long term.

jenson68

1,323 posts

Posted by jenson68 > 1 month ago | Report Abuse

Uptrend with strong support !!

Posted by DiamondBlack > 1 month ago | Report Abuse

Touched 2.30! Brilliant!

Posted by DiamondBlack > 1 month ago | Report Abuse

Balian@: Let the Bangla buy! Good for the sales and profits of 99!

xuxu

5,858 posts

Posted by xuxu > 1 month ago | Report Abuse

The price may stagnant here for few days

Posted by DiamondBlack > 1 month ago | Report Abuse

Xuxu@: Brother, no share goes up and up without correction etc! What goes up very fast comes down even faster! It’s followed the step ladder phenomenon and that’s the way a good share moves!🙏🏼🙏🏼🙏🏼

xuxu

5,858 posts

Posted by xuxu > 1 month ago | Report Abuse

Diamond bro no problem, i hold for long term, patience win big hehe

stncws

10,711 posts

Posted by stncws > 1 month ago | Report Abuse

return of the jedi..soon rm3

Posted by DiamondBlack > 1 month ago | Report Abuse

But Xuxu how long should we hold this stock? I feel if it touches between 4 to 4.5 than run because we cannot compare it with stocks like MBB, PBB and TNB as these stocks have very good fundamentals and there’s no way one can go wrong. But please don’t get me wrong because if 99 starts making overseas investment and developing huge hypemarkets like IKEA ect than the sky is the limit. Remember that the man who started APPLE started it fr a garage and with very low profile and the rest is history. Only GOD can confirm judgements!🙏🏼🙏🏼🙏🏼

Posted by DiamondBlack > 1 month ago | Report Abuse

But the positive part of 99 is their Boss is cash rich or billionaire currently! So has to be thrift in making future investments. But normally watching people who c mada billions fr rags are extremely cautious so l feel that we have placed our money in a good counter. I’m very cautious when l make an investment and go into great details about its strength and character of those in charge. I have good vibes on this set up and there is nothing to worry about.🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼🙏🏼

Posted by Antifanaticracism > 1 month ago | Report Abuse

🚀🚀🚀

Posted by DiamondBlack > 1 month ago | Report Abuse

If you read the history of 99 and DIY, DIY is worth 19.4 Billion and 99 19.1 Billion. It’s not very far from your each other. I’m not comparing or competing with each other but what I’m trying to impress is that both these companies are doing very well and have a good future. So let’s pray that both do very well for the sake of investors!🙏🏼🙏🏼🙏🏼🙏🏼

icecool

5,038 posts

Posted by icecool > 1 month ago | Report Abuse

just do your homework and go and check the 99 speed mart near your place and you will find that all the prices have gone up. this shows that management is prioritizing share holders profits this means buying 99smart shares is a good choice and will grow in the future. what are you waiting for ? just buy and hold 99smart shares.

hughug

24 posts

Posted by hughug > 1 month ago | Report Abuse

based on NTA 8.75 and PE 40 the value is RM 5

still got room to go up

stncws

10,711 posts

Posted by stncws > 1 month ago | Report Abuse

Snack twistic from rm2 to rm2.50..

paktua73

18,341 posts

Posted by paktua73 > 1 month ago | Report Abuse

morning too all 99smart fighters..
paktua wish all 99smart holders will make good gain here..

paktua as swing player stick with own goal was set at rm2.34.


tut tut
stand till reach own goal.

jenson68

1,323 posts

Posted by jenson68 > 1 month ago | Report Abuse

Will hold saja till end of this year , haha

Posted by DiamondBlack > 1 month ago | Report Abuse

If you wish to make good money than wait till May 2025! Remember that today in Malaysia there is hardly any competition fr any other similar to99. Seven 11 and KK mart are no where in comparison. So this means 99 is going to rule for quite a period until they get a new competitor which is not so easy. This means it’s going to be a green light for 99 all the way. I’m not trying to promote 99 but lm talking fr real facts. Common Sense! Still time to buy!🙏🏼🙏🏼🙏🏼🙏🏼

brucechun

127 posts

Posted by brucechun > 1 month ago | Report Abuse

recession-proof stock , just buy and keep.

RockerArm

546 posts

Posted by RockerArm > 1 month ago | Report Abuse

This counter is more or less above average Sundry Shop . At current price I think highly over value.

Posted by Antifanaticracism > 1 month ago | Report Abuse

It is not overpriced. It will be 2.50 end of the month

Posted by Antifanaticracism > 1 month ago | Report Abuse

Buy now or lose out

hughug

24 posts

Posted by hughug > 1 month ago | Report Abuse

Here are several key reasons why I believe stock 99 is poised for continued growth:

1. Funds Will Push the Price Up for KLSE Inclusion: In anticipation of KLSE index inclusion by November, funds are likely to push the stock price higher to meet the criteria for inclusion. This buying pressure will contribute to upward momentum.

2. Founder’s Strong Holding and Limited Retail Float: The founder controls over 80% of the shares, and with only 2.5% of the retail float available, there’s limited liquidity in the market. Additionally, 17% of shares are held by institutions who are likely not selling, further restricting available shares. This scarcity could drive prices higher as demand increases, especially when funds and mutual investors look to acquire shares.

3. Mutual Funds Have Yet to Include 99: Many mutual funds have not yet added 99 to their portfolios. Once the stock is confirmed for index inclusion, mutual fund buying could further fuel demand and push the price up.

4. Strong NTA: The company’s Net Tangible Assets (NTA) of 8.75 cents per share provide a solid foundation, supporting the stock’s valuation.

5. Strong Moat in the Mini-Market Segment: 99 has a 40% market share in the mini-market segment, which gives it a significant competitive edge. With further market share growth expected, this solidifies its long-term growth prospects.

6. Recession-Proof Business with Common Necessity Groceries: 99 operates in a recession-proof sector, primarily offering common and necessity groceries. This means that even during economic downturns, demand for its products remains stable, providing resilience against market volatility and making it a safer investment during uncertain times.

7. Branding and Awareness: 99 has established strong branding and awareness in Malaysia. It is a well-known name, and it's hard to find anyone in the country who isn’t familiar with the brand. This strong recognition can drive customer loyalty and repeat business, further enhancing its market position.

8. Budget 2025 and Government Salary Hike: With the upcoming Budget 2025 and anticipated government salary hikes, consumer spending on products is likely to increase. This boost in disposable income can lead to higher sales for 99, further supporting its growth trajectory.

Albukhary

3,043 posts

Posted by Albukhary > 1 month ago | Report Abuse

@hughug, NTA 8.75sen consider a solid foundation?

Share price is RM2.28, NTA only RM0.0875, this NTA is the biggest weakness for 99Speedmart.

If you look at QL, it has RM1.25 NTA.
If you look at MrDIY, it has RM0.19 NTA (still better than 99speedmart)

So NTA is the biggest weakness of 99speedmart.

jenson68

1,323 posts

Posted by jenson68 > 1 month ago | Report Abuse

Next week above 2.30 ?! Let’s wait & see , hahaha

Donator

1,133 posts

Posted by Donator > 1 month ago | Report Abuse

Maybe they dono what is NTA also🤐

Posted by Antifanaticracism > 1 month ago | Report Abuse

Some nta 2 but share price 1. Explain

Posted by Antifanaticracism > 1 month ago | Report Abuse

Plantation

jenson68

1,323 posts

Posted by jenson68 > 1 month ago | Report Abuse

Good question!! If all counter got such logic then all fatt tat lor @ Antifanaticracism

hughug

24 posts

Posted by hughug > 1 month ago | Report Abuse

@Albukhary NTA comparison

99smart is 8.75 cents per share
Mrdiy is 0.19 cents per share

You can double check quarter report to confirm. Correct me if i am wrong.

Albukhary

3,043 posts

Posted by Albukhary > 1 month ago | Report Abuse

@hughug, MrDIY is 19sen, not 0.19sen.
You can refer to its quarter report.

Posted by Antifanaticracism > 1 month ago | Report Abuse

Gambling stocks has low nta. Explain. This type of companies don't need nta It is the future potential.

Posted by Antifanaticracism > 1 month ago | Report Abuse

It is the solid earnings that counts

Posted by Antifanaticracism > 1 month ago | Report Abuse

So don't be a book worn. Those u learn in school cannot be applied in real world. U need experience

hughug

24 posts

Posted by hughug > 1 month ago | Report Abuse

So for each 1 lot of 100 shares, NTA of

99smart = RM 8.75
Mrdiy = RM 0.19

Albukhary

3,043 posts

Posted by Albukhary > 1 month ago | Report Abuse

@Antifanaticracism, we are not arguing whether high NTA or low NTA is good.
My main point is 99speedmart 8.75sen NTA is not a solid foundation.
I will calledit solid foundation is the NTA is 87.5sen.
Just like QL, the share price is RM4.70, NTA is RM1.25.
Although it share price is still 4 times of its NTA, but at least this RM1.25 NTA provide us a solid foundation.
If today QL NTA is only 12.5sen, then I will said QL do not have a solid foundation.

Posted by Antifanaticracism > 1 month ago | Report Abuse

Most companies won't want to hold high assets unless there are utility, plantation or property companies. Holding assets for nta is inefficient use of capital. It can become a burden or liability

hughug

24 posts

Posted by hughug > 1 month ago | Report Abuse

99smart has moat and large market share

Just the same as NVDA, PLTR and ASTS

Posted by Antifanaticracism > 1 month ago | Report Abuse

Nvidia has low assets but high price. It's products can sell

Posted by Antifanaticracism > 1 month ago | Report Abuse

Think of 99 expansion plan

Posted by Antifanaticracism > 1 month ago | Report Abuse

99 used minimum capital. What they do is recycling to generate earnings

Posted by Antifanaticracism > 1 month ago | Report Abuse

They don't want to own the shop. All their rakes can be dismantled and moved. If one location not suitable, they just move to another location with minimum cost

Posted by DiamondBlack > 1 month ago | Report Abuse

hug hug: 👌👌👌

Posted by Antifanaticracism > 1 month ago | Report Abuse

DB is truthful

Posted by GushikenNaoshi65 > 1 month ago | Report Abuse

Buy when you still can

Posted by Antifanaticracism > 1 month ago | Report Abuse

light

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