SMART (0306): Financials Summary, Key Results, Growth

GOGOGO

2024-05-28 12:42

harnam

not moving????

2024-05-29 10:34

need to break 48 to see uptrend for this counter....
stay tune guys....

2024-06-06 12:07

slow and steady....

2024-06-10 11:56

consolidating sideways uol...awaiting the Godzilla to wake up soon..

2024-06-11 09:38

BursaKakis

*HLIB Retail Research – Bullish Tracker 11 June*

*SMART (0306)-ACE market, Industrial products & services- Building materials*

*A locally established manufacturer of decorative paints and protective coatings* Listed on 28 May 2024, Smart Asia Chemical Bhd (SMART-IPO RM0.40) develops, manufactures, distributes, and sells decorative paints, protective coatings, colourants, and related products. It also offers original design manufacturing or ODM services for third-party brands in the paint and coatings industry.

*Potential beneficiary from the construction upcycle*. It is poised to benefit from the expansion of Malaysia’s construction industry (2024-2029 CAGR: 8.6% – according to Mordor Intelligence), driven by the Government’s continuous efforts to roll-out infrastructure projects nationwide. The vibrant construction activities help increase demand for residential, commercial, and industrial properties, as well as supporting infrastructure, which bodes well for SMART by boosting demand for paints and coatings. Moreover, SMART's comprehensive multi-channel distribution network – spanning nine wholesalers, 937 dealers, and 14 authorised distributors across Malaysia and overseas – enables it to effectively expand market coverage and reach a diverse customer base. The deployment of smart colour point-of-sale (POS) tinting machines at 381 retail stores also supports product customisation and efficient inventory management, allowing retailers to mix-and-match colours on demand.

*Technical review*: SMART is trading at consensus 12x FY2025E P/E. Based on hourly chart, the successful breakouts above multipole key MAs and upper BB could spur greater upside towards 0.505-0.535-0.545 zones. Key supports are pegged at 0.43-0.44

✅Current price: RM0.475
✅Entry: RM0.45-0.46-0.48
✅Resistance: RM0.0.505-0.535-0.545
✅Cut loss: RM0.445
✅Risk profile: Medium

2024-06-11 11:48

48 was broken....
next target range should be 60+....
my TP 70, can?.....

2024-06-11 13:23

There you go Godzilla waking up...next charging his electron...get ready...

2024-06-11 14:07

dxbman

SUPER STORNG BUY

2024-06-11 16:42

GOGOGO SMARTPAINT

2024-06-13 14:10

broke 50 range....
good sign......
still fix my TP at 70.....
hopefully is achievable ....
stay tune guys....

2024-06-13 17:25

Road side TP 80s

2024-06-13 21:50

fruitcake

*HLIB Retail Research – Bullish Tracker 11 June*... today koyak

2024-06-18 10:13

Ini company tarak ada ong. Director selalu jual share harga selalu drop. Kasi jual ini share banyak lugi.

2024-06-18 11:02

Company tidak bagus

2024-06-18 16:37

relax guys.....
still long way to go.....

2024-06-18 18:03

Sudah cakap ma. Ini counter x boleh pakai. Kasi jual saja.

2024-06-19 09:46

Lu beli. Director lagi suka jual sampai harga rendah

2024-06-19 09:46

sten_still

Baru listing, share price naik sikit tapi boss dah disposed...tamak management

2024-06-19 10:11

DickyMe

After listing, all whales dispose to become instant millionaires.
Those trapped, wait until they spend off the loot.
See you in 3 or 5 years time.

2024-06-20 23:58

DickyMe

10 sen coming.

2024-06-20 23:59

Grandmustah

SMART 0306

The only Paint related stock in Bursa beneficiary from Data Centre Boom

Data Centers recommended type of Paint

Epoxy floor paint
It greatly enriches the application of colors in the data center. The main components of epoxy floor paint are epoxy resin and curing agent.

Source: https://htraisedfloor.com/what-ground-materials-are-commonly-used-in-data-centers/#:~:text=Epoxy%20floor%20paint&text=It%20greatly%20enriches%20the%20application,epoxy%20resin%20and%20curing%20agent.

How can Smart benefit from this?

Smart do offer Epoxy Tile Finish

Source: https://www.smart-paints.com/epoxyflake/

2024-06-25 12:46

45 good range for collection ...
stay tune guys....

2024-06-26 10:37

Grandmustah, they do have that range of epoxy coating if you check their website. Not only the potential from data centre but also transport/logistics hub which is growing top with current ongoing/upcoming new projects as well as refurbishments and renovation works. Another godzilla waiting to wake up.

2024-06-28 09:42

Wow since when Smart Paints also related to DC 😂

2024-06-29 22:30

holding strong at 45 range....
if can break 50 by this week, will be better...
stay tune guys...

2 months ago

still in the same range of 45-46....
no choice....
have to wait...

2 months ago

harnam

still dreaming ha this counter ayo

2 months ago

Silentreader88

most inhuman operator.

2 months ago

no volume .....
have to wait.....

2 months ago

Surely the best performing IPO stock in Bursa.

2 months ago

Now Below IPO Price.

2 months ago

Moondate

not too smart....

2 months ago

Smart Management. Everyday New Low.

2 months ago

rob8ry24

change name to sesat

2 months ago

A lot of SMART desperado shareholders dumping their holdings below the IPO price. Don't know who?

1 month ago

Michael Kwok

Smartasia 37 cents
6 or 7 august consider.
31/7/24 11.30am

1 month ago

harnam

smart pls dont be so stupxx la...new in market u guys dont know wot to do meh

1 month ago

Cheers

0.30 fair price

1 month ago

no price is a fair price...since when got fair price...

1 month ago

Characteristics of a CB stock ->
1) KLCI goes up, share price goes down
2) KLCI no move, share price also goes down
3) KLCI goes down, share price goes down even further

1 month ago

What a joke of a company.

1 month ago

questionmark

paktua you still survive here or not?

1 month ago

tnang

Not so smart

1 month ago

questionmark

hope smart is really smart, now smart is dumb lol

4 weeks ago