Posted by dett > 2013-09-25 15:12 | Report Abuse

Hi Zakir..pls give yr email..i will send report valuation on westport.Thanks

Posted by aslam1403 > 2013-09-25 23:16 | Report Abuse

hi. any comments bout this Ipo?

Posted by zacky979 > 2013-09-26 07:08 | Report Abuse

you can email to zacky979@gmail.com the report valuation appreciate it. Thanks

Posted by mchess77 > 2013-09-26 07:11 | Report Abuse

can email to me also? mchess77@gmail.com. thanks!

Posted by charlie chia > 2013-09-26 08:26 | Report Abuse

Hi dett
Dont mind to email a set to me at charlieadtjb@gmail.com
Thks

Posted by schan60 > 2013-09-26 08:31 | Report Abuse

Hi Dett,
Pls email me at chanlauhup168@yahoo.com
Thks

Posted by SANG-JERO > 2013-09-26 08:39 | Report Abuse

analysts will come out with different methods in giving Westsports fair value, rather than the common PE ratio. This is because Westsports based on IPO price of RM2.50, Westports PE ratio is high. Westports fair value is RM2.84 by Alliance Research. They say based on Westports policy to payout 75% of net profit as dividend, they expect Westports’ FY13-FY15 DPS of 9.0 sen, 9.8 sen and 9.9 sen respectively. Based on the Westports IPO retail price, this translates into to a dividend yield of 3.6%, 3.9% and 4.0%, for FY13 to FY15, respectively. They derive a fair value of RM2.84, using dividend discount model. This implies an upside potential of 13.6% to the retail IPO price of RM2.50.Their fair value of RM2.84 translates into FY14 P/E of 21.7x and FY14 dividend yield of 3.5%, which is in line with Westports’ peers.

One thing is the IPO price is not fixed yet, and have chances of a lower IPO price depending on the bidding by institutional clients.

JF Apex Securities said subscribe with a target price of RM2.97. Their non-rated target price is based on Dividend Discount Model (DDM) with discount rate, WACC of 7.2% and terminal growth rate of 2.5%. It translates into implied PER of 19.4x for 2014F which is above its peers’ average of 16.5x. They view the higher PER is fair given the Group’s status as a leading port operator in Malaysia shall render premium valuation to the Group.

Their target price translates into potential upside of 22.8% (capital appreciation of 18.8% and dividend yield of 4%) to the listing price. They believe the Group’s dominant position as a leading port operator in Malaysia with commendable earnings track record and decent dividend yield would attract investors’ interest.

Posted by Azmir Ali > 2013-09-26 08:55 | Report Abuse

Hi Dett,

Pls email the valuation report to me at ko2004bb@yahoo.com

Thks

Posted by cosway > 2013-09-26 09:19 | Report Abuse

Tell me which new IPO is not overvalued?

Posted by dan_insight > 2013-09-26 09:33 | Report Abuse

Hi Dett,
Pls email me at dan4041@gmail.com
Thanks!

Posted by dett > 2013-09-26 09:40 | Report Abuse

Hi guys..i already sent email to you & thanks Sang-Jero for sharing

Posted by Alson Lee > 2013-09-26 10:57 | Report Abuse

kiyolee@live.com, kindly send the report to me as well. thanks

Posted by shane tan > 2013-09-26 12:27 | Report Abuse

Hi dett,
can u pls email me a set of report. sam.tys898@gmail.com
thx a lot.

Posted by Alex Cwc > 2013-09-26 12:32 | Report Abuse

Hi, please email me via akaranet@hotmail.com, tq

Posted by mlg123 > 2013-09-26 12:33 | Report Abuse

Hi dett,
can u pls email me a set of report.
my e-mail : mlg833@yahoo.com

thank you

Posted by dett > 2013-09-26 17:04 | Report Abuse

Hi guys..kindly check yr email. Thanks

Posted by Lasallian > 2013-09-26 21:57 | Report Abuse

Westports fair value - RM 2.84 (Alliance) & RM 2.94 (Apex). Mcm boleh beli utk hit and run. Any comments?

Posted by dennis88 > 2013-09-27 07:56 | Report Abuse

Hi dett, can u pls email d report to my email : Sstoh88@yahoo.com. Tqvm in advance.

Posted by Kamaru BahariBakar > 2013-09-27 08:25 | Report Abuse

Buy 10 Lot and wait for yerly dividen (75%)=7500.

Posted by zamsaham > 2013-09-27 08:33 | Report Abuse

@ kamaru. Your math failed big time. On other note., no need to wsit a year for div. Buy a day before x.

Posted by ktsk88 > 2013-09-27 09:54 | Report Abuse

Kamaru, Westport proposed payout of 75% of their annual profit as dividend and that depend on the number of shares in issued and not upright 75% dividend per share.

Posted by Lasallian > 2013-09-27 15:01 | Report Abuse

Anybody decide to buy Westports IPO? Anybody got Westports shares through MITI?

Posted by dett > 2013-09-27 15:17 | Report Abuse

Lasallian..my client got 25k shrs thru MITI..HL Bank gave 80% financing

Posted by Lasallian > 2013-09-27 15:30 | Report Abuse

Thank you Dett. Are MITI for bumiputera with strong cash flow? Applying through Maybank ATM just now. Hope to get some.

Posted by dett > 2013-09-27 16:13 | Report Abuse

Lasallian..I have one client applied thru MITI just 2k shrs of UMW O&G..all depends on your cash flow

Posted by Lasallian > 2013-09-27 16:44 | Report Abuse

Thank you for the information Dett. So MITI application better than eIPO right? If you have strong cash flow you are sure to be allocated, right. Which one is better UMW O & G or Westpports?

Posted by ihsansalman84 > 2013-09-29 09:32 | Report Abuse

Hi dett, can you pls email d report to me? tq...ihsan_metalhead@yahoo.com

Posted by rubisa57 > 2013-09-29 09:57 | Report Abuse

Westport and umw oil and gas...both are good fundamental.
Sersol..ircb.sumatec ans some other stocks that are loss every years also having good price on their stock.
By right Westport 2 me is better than NCB or Biport..kindly chk the price 4 NCB and Biport..fantastic.

Posted by rubisa57 > 2013-09-29 10:00 | Report Abuse

Dett: are u a Remisier or dealer. from which investment bank/stock broker.

Posted by dett > 2013-09-30 09:26 | Report Abuse

Hi Rubisa57..I'm attached with Inter Pacific Securities as a dealer. Thanks

Posted by ann5142 > 2013-09-30 09:35 | Report Abuse

Hi dett,
can u pls email me a set of report.
my e-mail : ann5142@hotmail.com
tqvm

Posted by Lasallian > 2013-09-30 18:00 | Report Abuse

2/10/2013 result will be out for public IPO!

Posted by gerrard88 > 2013-09-30 21:25 | Report Abuse

Hi Dett,

Can you email the report to weiloon8802@gmail.com.
Many thanks in advance!

Posted by tankahban > 2013-09-30 21:33 | Report Abuse

Hi Dett
can u pls email me a set of report.
my e-mail : lswilu@hotmail.com
thank you

Posted by Lasallian > 2013-09-30 23:22 | Report Abuse

Tomorrow is the closing book building for institutions. Hope the final IPO price for Westports is RM 2.40.

Posted by pradeep > 2013-09-30 23:43 | Report Abuse

Westport is a fundamental stock institutional price may be higher

Posted by Lasallian > 2013-10-01 00:29 | Report Abuse

Pradeep... You are right. Final price is RM 2.50 cause demand is too high from institutions.

Posted by Lasallian > 2013-10-01 15:48 | Report Abuse

Westports shares are 30 times oversubscribed by institutions and close two days early. Really hope to get some shares through eIPO.

Posted by Lasallian > 2013-10-02 09:33 | Report Abuse

Today balloting results for Westports. Can check with MIH after 5.00 pm.

Posted by wanahmad > 2013-10-02 10:47 | Report Abuse

Hi Dett
can u pls email me a set of report.
my e-mail : malinexim45@yahoo.com
thank you

Posted by Lasallian > 2013-10-02 17:25 | Report Abuse

Result is out but very slim to get!

Posted by gerrard88 > 2013-10-02 17:37 | Report Abuse

where can check now?

Posted by Lasallian > 2013-10-02 18:40 | Report Abuse

MIH website.

Posted by Lasallian > 2013-10-03 15:28 | Report Abuse

Finally, berjaya dpt saham Westports! Now apply UMW O&G IPO pula!

Posted by Lasallian > 2013-10-08 19:58 | Report Abuse

Menghitung hari utk listing Westports. 17/10/13 hari terakhir rundingan budget USA! Kalau positif Dow Jones akan rally dan harga Westports bermula hijau dgn premium yg menarik melebihi 20%! Kalau rundingan negatif Dow Jones menjunam mungkin harga Westport bermula hijau ttp premium 10% saja.

Posted by Lasallian > 2013-10-10 21:48 | Report Abuse

Mlm ini Dow Jones terbang tinggi! Penyelesaian di USA semakin hampir! Harap minggu depan Dow Jones terus terbang tinggi! Dan harga listing Westports juga terus terbang!

Posted by Starker Mann > 2013-10-11 12:39 | Report Abuse

betul ke saham Westport blh naik tinggi abg2 otai? 1st day listing mmg kena jual ke???

Posted by Roslan Osman > 2013-10-11 12:49 | Report Abuse

Hi dett,
can u pls email me a set of report.
my e-mail : roslan602@yahoo.com
Many thanks in advance!

Posted by Lasallian > 2013-10-11 22:18 | Report Abuse

Kalau mlm ni Dow Jones ditutup HIJAU lagi maka peluang utk melihat harga saham Westports dibuka meningkat pd 18/10 semakin cerah! Yakin pd diri sendiri!

Posted by Lasallian > 2013-10-12 23:03 | Report Abuse

Dow Jones naik 100++ kelmarin! Harap the good news continue till next week.