Posted by DreamKaiser > 1 month ago | Report Abuse

Aah ha. Another interesting🤔 looking one for the Kaiser to flag off. Great stuff, man.

Posted by DreamKaiser > 1 month ago | Report Abuse

Main market-bound Azam Jaya to raise RM61.5m from IPO
Myia S Nair/theedgemalaysia.com
18 Oct 2024, 01:00 pm

https://theedgemalaysia.com/node/730683

Posted by DreamKaiser > 1 month ago | Report Abuse

Get your ammo ready, guys.

Posted by BE_GREEEEEDY > 1 month ago | Report Abuse

the name " AZAM " bring ONG / Luck $$$$$💪

Posted by EatCoconutCanWin > 1 month ago | Report Abuse

KTI lanmark duplication. i ignore sabahan stock.

Posted by BE_GREEEEEDY > 1 month ago | Report Abuse

We assign a fair value of RM1.47 per share, representing an upside of 88.5% against to the IPO price of RM0.78. This valuation is based on a P/E ratio of 18x, applied to the FY25f EPS of 8.14 sen. Although the ascribed P/E is below the Construction & Engineering sector's peer average forward P/E of 19.2x and average historical P/E of 24.0x, we believe it is justified given AZAMJAYA's smaller market capitalisation of RM390.0m.

RM 1.47 by Malacca Securities---- Huat Chaiii💪👍

Posted by DreamKaiser > 1 month ago | Report Abuse

TA Securities ascribes RM1.54 fair value to Main Market-bound construction firm Azam Jaya
Yu Jien Lim/theedgemalaysia.com
23 Oct 2024, 02:51 pm

https://theedgemalaysia.com/node/731243

Posted by DreamKaiser > 1 month ago | Report Abuse

Now then, y'all friends and comrades in wealth building. How about we do a bit of history, linguistics and etymology.

"Azam" is a word of Arabic origin meaning "greatest". While "jaya" is a word of ultimately Sanskrit origin meaning "victorious". But both words have been borrowed into Malay and have by now become more or less entrenched in Malay.

So, "Azam Jaya" in Malay would then essentially mean "Greatly Victorious", or "Greatest Victory", or something similar along that line.

So, yep, of course it is a gloriously auspicious name. But nevertheless, it is your money, therefore it is your call. Good luck, folks.

Posted by DreamKaiser > 1 month ago | Report Abuse

Bright prospects ahead for Azam Jaya as IPO nears
Corporate News
Thursday, 24 Oct 2024

https://www.thestar.com.my/business/business-news/2024/10/24/bright-prospects-ahead-for-azam-jaya-as-ipo-nears

Posted by chankahmun77 > 3 weeks ago | Report Abuse

strange that there is no news on whether the shares over-subscribed or under-subscribed.

Posted by DreamKaiser > 3 weeks ago | Report Abuse

Main Market-bound Azam Jaya IPO oversubscribed by 23 times
Monday, 28 Oct 20247:35 PM MYT

https://www.thestar.com.my/business/business-news/2024/10/28/main-market-bound-azam-jaya-ipo-oversubscribed-by-23-times

Posted by Eurus1973 > 3 weeks ago | Report Abuse

Very limited number allocation, fair value high, seems good

Posted by BE_GREEEEEDY > 3 weeks ago | Report Abuse

Fantastic FV from both TA & M +
almost 100 % above the IPO offer price
💪

Posted by GotNot > 2 weeks ago | Report Abuse

wish good luck to those who got the IPO.
I myself got scared based on last IPO. So, decided to watch from the sideline and waiting for any panic selling 😆

Posted by MoonChaser > 2 weeks ago | Report Abuse

BE_GREEDY their valuations are crazy high, bold calls xD

Posted by LittleKnife > 2 weeks ago | Report Abuse

Alakazam ! sigh..... kena 500 sure buy more.... who sell with such small lots. they have effectively created more demand on day 1

Posted by DreamKaiser > 2 weeks ago | Report Abuse

Construction firm Azam Jaya posts RM4.65 mil profit in 2Q ahead of listing
Luqman Amin/theedgemalaysia.com
07 Nov 2024, 07:20 pm

https://search.app?link=https%3A%2F%2Ftheedgemalaysia.com%2Fnode%2F733131&utm_campaign=aga&utm_source=agsadl1%2Csh%2Fx%2Fgs%2Fm2%2F4

Posted by brendonyeap > 2 weeks ago | Report Abuse

Why did AJ release a Q2 2024 results which already present in the prospectus? It should be releasing Q3 2024 results which ended in Sept 2024.

Posted by BE_GREEEEEDY > 2 weeks ago | Report Abuse

Latest Rakuten
100 % UP RM 1.56 Fair Val 💪

Posted by BE_GREEEEEDY > 1 week ago | Report Abuse

AZAM SPR* sure smiling 💪
the name AZAM really bring ONG 😁

Posted by theshoot > 1 week ago | Report Abuse

retail trader TP, shark buy.

Posted by theshoot > 1 week ago | Report Abuse

upper limit today RM3.90, can reach RM3?

Posted by Michael Kwok > 1 week ago | Report Abuse

Azamjawa 1.04
Wait till early next week then consider.ong mari,ong mari.88 cents the support.
11/11/24 11.33am

Posted by Zazzyy > 1 week ago | Report Abuse

it’s H1 cy 24 pat margins dropped from cy23 of 9.2% to 5.3% . in 2021 14.7% , 10.6% 2022 . can they achieve 10% again in cy 25 & with sales projection to increase by 73% ???

Posted by theshoot > 1 week ago | Report Abuse

lower % pat is expected due to increase cost of material but with increase in revenue, this already described in prospectus i think

Posted by BE_GREEEEEDY > 1 week ago | Report Abuse

RM 1.50 NO SWEAT tomorrow 🤞

Posted by BE_GREEEEEDY > 1 week ago | Report Abuse

ATTACCKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK....!
AZAM RM 2....💪

Posted by faridfet > 1 week ago | Report Abuse

undervalue stock with gigantic orderbook

Posted by mf > 1 week ago | Report Abuse

2024-11-12

Blog

Azam Jaya Eyes Growth Beyond Home Base, Names Sarawak and Kalimantan as Potential Markets

Posted by ktrader > 1 week ago | Report Abuse

sell

Posted by jenson68 > 1 week ago | Report Abuse

Accumulate & hold …

Posted by theshoot > 1 week ago | Report Abuse

My minimum TP will be RM2.10

Posted by faridfet > 1 week ago | Report Abuse

@theshoot that is too high.

TA Securities Target Price = RM1.54
Rakuten Target Price = RM1.56

I think these are realistic than aim too high.

Posted by uniteen > 1 week ago | Report Abuse

gogogo!!!

Posted by jenson68 > 1 week ago | Report Abuse

Superstar?! buy & hold saja, hehe

Posted by uniteen > 1 week ago | Report Abuse

fantastic counter! gogogogo!!!

Posted by jenson68 > 1 week ago | Report Abuse

High chance to secure more projects from East Msia !! TP 1.63

Posted by uniteen > 1 week ago | Report Abuse

today losing momentum.