DreamKaiser

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

2 weeks ago

DreamKaiser

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

2 weeks ago

DreamKaiser

Get your ammo ready, guys.

2 weeks ago

BE_GREEEEEDY

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

2 weeks ago

EatCoconutCanWin

KTI lanmark duplication. i ignore sabahan stock.

2 weeks ago

BE_GREEEEEDY

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💪👍

2 weeks ago

DreamKaiser

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

2 weeks ago

DreamKaiser

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.

2 weeks ago

DreamKaiser

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

2 weeks ago

chankahmun77

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

1 week ago

DreamKaiser

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

1 week ago

Eurus1973

Very limited number allocation, fair value high, seems good

1 week ago

BE_GREEEEEDY

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

6 days ago

GotNot

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 😆

3 days ago

MoonChaser

BE_GREEDY their valuations are crazy high, bold calls xD

3 days ago

LittleKnife

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

1 hour ago