Posted by DreamKaiser > 1 month ago | Report Abuse

Walao. Another good one for the Kaiser to kick off. Yay!!!🙌

Posted by DreamKaiser > 1 month ago | Report Abuse

Life Water starts accepting IPO applications from investors for RM82m Main Market listing
Justin Lim/theedgemalaysia.com
22 Oct 2024, 10:57 am

https://theedgemalaysia.com/node/731040

Posted by DreamKaiser > 1 month ago | Report Abuse

Can start gathering your ammo now, guys. Battle beginning soon.

Posted by KarenCKN > 3 weeks ago | Report Abuse

Biggest beverage manufacturer in Sabah as i knw. Offering 20% dividend. Can gather bullet already

Posted by DreamKaiser > 3 weeks ago | Report Abuse

Mercury Securities ascribes 74 sen fair value to Main Market-bound Life Water Bhd
Sankita Jayanandan
theedgemalaysia.com
29 Oct 2024, 05:24 pm

https://theedgemalaysia.com/node/732069

Posted by DreamKaiser > 3 weeks ago | Report Abuse

Analysts: Upsides to Sabah’s Life Water ahead of IPO

https://www.theborneopost.com/2024/10/29/analysts-upsides-to-sabahs-life-water-ahead-of-ipo/

Posted by mf > 2 weeks ago | Report Abuse

2024-10-30

Blog

Mercury Securities Ascribes 74 Sen Fair Value to Main Market-bound Life Water Bhd

Posted by BE_GREEEEEDY > 1 week ago | Report Abuse

RM 1.00 +..... NO Problem💪

Posted by mf > 1 week ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

43,910.98

-382.15

0.86%

Nasdaq

NASDAQ Composite

19,281.40

-17.36

0.08%

Posted by BE_GREEEEEDY > 1 week ago | Report Abuse

HOT Sabah IPO again 💪
another AZAM

Posted by Eurus1973 > 1 week ago | Report Abuse

Yes go, target 1.20

Posted by Hithere > 1 week ago | Report Abuse

Good momentum stock, EM stock is hot now ! bought @ 0.76 and will hold until reach my own TP RM1

Posted by flooi88 > 1 week ago | Report Abuse

i dont think this can compare to azam. Azam too kuat. consecutive few days increase since debut.

Posted by ktrader > 1 week ago | Report Abuse

spritzer in the making....yahoo..

Posted by GotNot > 1 week ago | Report Abuse

Run or Hold?

Posted by GotNot > 1 week ago | Report Abuse

I could not decide now, any advice. Run or Hold?
If run, got something,

Posted by Apple2353 > 1 week ago | Report Abuse

@GotNot - your money lah.. you ask people to decide for you ? what a joke !

Posted by foreverchung > 1 week ago | Report Abuse

Wow! Such a huge potential for Sabahan stock!

Am amazed that with 1 Sabah market alone already such market cap, I wonder if expand to other states or countries will significantly increase revenue and profit in the longer run?

IPO push aside, this seems to be a great stock to hold with its peers Spritzer!

Posted by Lightofheaven > 1 week ago | Report Abuse

Bravo!
Cantek!
漂酿！
Lwsabah Go Go Go

Posted by flooi88 > 1 week ago | Report Abuse

start to drop d

Posted by dxbman > 1 week ago | Report Abuse

STRONG BUY TP 1.00

Posted by Lightofheaven > 1 week ago | Report Abuse

haha dxbman..if above rm1.0
my bicycle become motorbike

Posted by Apple2353 > 1 week ago | Report Abuse

Boleh jadi Ferrari..

Posted by icecool > 1 week ago | Report Abuse

sudah jadi lambo

Posted by DreamKaiser > 1 week ago | Report Abuse

Life Water surges 18% on Main Market debut
Yu Jien Lim & Luqman Amin
theedgemalaysia.com
13 Nov 2024, 09:28 am
Updated 11:44 am

https://theedgemalaysia.com/node/733751

Posted by troy88 > 1 week ago | Report Abuse

Haha, kena goreng kau kau

Posted by BursaKakis > 1 week ago | Report Abuse

Life Water laying foundations for sustainable growth, future
https://thesun.my/business-news/life-water-laying-foundations-for-sustainable-growth-future-AI13283012

Posted by GotNot > 1 week ago | Report Abuse

"Be Greedy while others afraid" -waren bufet

Posted by Lightofheaven > 1 week ago | Report Abuse

mak kau..key in sell 1.05 today morning then i happily go shopping..now find out it is sick and loose stool...marah ni..

Posted by Lightofheaven > 1 week ago | Report Abuse

can i be greedy now?sure wont loose somemore ah?

Posted by turbochart > 3 days ago | Report Abuse

L.V. ? 😁

Posted by thundery > 2 days ago | Report Abuse

jangan main main ya

Posted by BE_GREEEEEDY > 1 day ago | Report Abuse

RM 1.00 + today 💪

Posted by metaverse > 3 hours ago | Report Abuse

Most stock analysts have studied this lesser-known regional niche consumer player from a wrong perspective, comparing it to well-known brands like Spritzer is like comparing local hero 99Smart to global giant 7-11 so just take the bullish forecast (and the unrealistic target price) with a pinch of salt. Go and read the analysts' bullish buy calls published last year for the crab stock named Cape EMS (CEB 5311) and see how much it is trading now! Notwithstanding the bullish buy calls in one year CEB has dropped more than 70% so never buy stock based on analyst report as their stock analysis most of the time as good as our tv weather forecast.

To be fair, those analysts should compare the price-to-earnings (PE) and price-to-book (PB) ratios to similar consumer companies in comparable geographical zones. For example, Sabah-based KTC (0180) has a PE ratio of 8.3x and a PB ratio of 0.6x. Given that Sabah is a relatively small market with weak purchasing power, it offers limited growth opportunities.

A stock analyst has assigned a fair value of 74 sen per share, which is 14% above its IPO price of 65 sen, based on a FY2025 PE of 11x. This implies an forward EPS of approximately 0.06727 sen. When comparing this information with KTC, which has a PE of 8.3x, the fair value of LW Sabah should be around 0.55 sen but could be lower when the high tide has gone. Additionally, take attention that KTC is trading below its NTA, indicating that the market sentiment for Sabah-based companies is rather weak. For those who still not convinced by my crystal ball analysis, just check the reported result of Olympia (3018) which do number forecasting business in Sabah but don't think this company ever made profit even though BJToto and Magnum made ton of profits at national level so the consumer market in Sabah is really hard to understand.

FY2023

LWSabah (5328)
Sales--RM150,962,159
PBT----RM34,479,000 (22%)

KTC (0180)
Sales--RM729,390,000
PBT----RM24,233,247 (3.29%)

Spritzer (7103)
Sales--RM490,675,000
PBT----RM65,924,000 (13%)

BJFood (5196)
Sales--RM1,115,966,000
PBT----RM148,734,000 (13%)

Karex (5247)
Sales--RM532,066,000
PBT----RM15,131,000 (2.8%)

The revenue of KCT is about five times the size of LWSabah, making the 22% PBT of LWSabah potentially unsustainable given the highly depressed consumer market in Sabah. Surprisingly, KTC’s PBT is much lower than LWSabah’s. KTC might need to consider joining the bandwagon and switching to the bottled water business. However, when comparing LWSabah’s figures to national players like Spritzer or BJFood (who owned the Starbucks franchise) or Karex, it appears that LWSabah's revenue and PBT may be overly stretched. As a local consumer player based in Sabah, LWSabah seems to have outperformed all the national players by many miles ahead.

The math just don't add up so those retired uncle please think twice before you takeout all your EPF saving and all-in this company unless you really understand Sabah's erratic consumer market and also LWSabah's business model and how they can achieve such a marvelous sales and PBT but this is only my wild guess but the traded volume is getting tired so the syndicates could be running out of fuel to do the push-up exercises.