DreamKaiser

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

1 month ago

DreamKaiser

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

1 month ago

DreamKaiser

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

1 month ago

KarenCKN

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

4 weeks ago

DreamKaiser

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

3 weeks ago

DreamKaiser

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/

3 weeks ago

mf

2024-10-30

Blog

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

2 weeks ago

BE_GREEEEEDY

RM 1.00 +..... NO Problem💪

1 week ago

mf

Dow Jones

Dow Jones Industrial Average

43,910.98

-382.15

0.86%

Nasdaq

NASDAQ Composite

19,281.40

-17.36

0.08%

1 week ago

BE_GREEEEEDY

HOT Sabah IPO again 💪
another AZAM

1 week ago

Eurus1973

Yes go, target 1.20

1 week ago

Hithere

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

1 week ago

flooi88

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

1 week ago

ktrader

spritzer in the making....yahoo..

1 week ago

GotNot

Run or Hold?

1 week ago

GotNot

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

1 week ago

Apple2353

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

1 week ago

foreverchung

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!

1 week ago

Lightofheaven

Bravo!
Cantek!
漂酿！
Lwsabah Go Go Go

1 week ago

flooi88

start to drop d

1 week ago

dxbman

STRONG BUY TP 1.00

1 week ago

Lightofheaven

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

1 week ago

Apple2353

Boleh jadi Ferrari..

1 week ago

icecool

sudah jadi lambo

1 week ago

DreamKaiser

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

1 week ago

troy88

Haha, kena goreng kau kau

1 week ago

BursaKakis

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

1 week ago

GotNot

"Be Greedy while others afraid" -waren bufet

1 week ago

Lightofheaven

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..

1 week ago

Lightofheaven

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

1 week ago

turbochart

L.V. ? 😁

5 days ago

thundery

jangan main main ya

5 days ago

BE_GREEEEEDY

RM 1.00 + today 💪

4 days ago

metaverse

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.

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.

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 sales of KTC is about 5x the size of LWSabah, but KTC's PBT margin only 3.29% and the sales of Karex is about 3.5x the size of LWSabah, but Karex's PBT margin only 2.8% so using these data as the basis, the PBT margin of LWSabah at 22% may not be sustainable as PBT margin of 22% only global high tech stocks like Microsoft or Nvida can do that.

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 PBT margin.

1 day ago

adikkici

Boleh rebound ke tak ni?

1 day ago

Noni

Very good, still above IPO price. Make money

1 day ago