KLSE (MYR): 99SMART (5326)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
2.31
Today's Change
-0.02 (0.86%)
Day's Change
2.29 - 2.34
Trading Volume
10,698,000
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: CONSUMER PRODUCTS & SERVICES CONSUMER PRODUCTS & SERVICES
Subsector: RETAILERS RETAILERS
Index Group: FBMKLCI FBMKLCI
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: No No
Short Sell Flag: No No
IDSS Flag: No No
99 Speed Mart Retail Holdings Berhad, initially incorporated as 99 Speed Mart Holdings Sdn Bhd on 15 May 2023, was rebranded and converted to a public limited company on 29 January 2024. The company focuses on investment holding and management services, with a history dating back to 1987 when founder Lee Thiam Wah opened "Pasar Raya Hiap Hoe" in Klang. It evolved into the 99 Speed Mart chain, expanding throughout Peninsular and East Malaysia, operating 2,651 outlets and 19 distribution centers. The company also established subsidiaries in China in 2023 for merchandise procurement.
Analysts predict a rerating to a forward PE of 36.5x, potentially raising the share price to RM3.12 from the current target price of RM2.60, based on historical trends observed with similar companies (e.g., Nestle, QL Resources).
https://www.minichart.com.sg/2024/12/15/top-malaysian-stocks-poised-for-explosive-growth-and-dividends-in-2025-dont-miss-these-opportunities/
3 weeks ago
Strong consumer spending power especially festivals , good for retail business like 99 !!
3 weeks ago
bagi jatuh lagi. sudah listing pun kedai byk panas aircond x service. plastic pun mau beli xd. haiyo
2 weeks ago
Posted by DickyMe > 1 month ago | Report Abuse
The next Sapura in the making.
Alibaba style business
Fetish of gLCs
2 weeks ago
Ha Ha Ha looks like flying a v bit roo fast 3 more working days before the year end .
2 weeks ago
Already warned you all 1 month ago. This counter is so GROSSLY overpriced. Drop until 0.66 then it's fair price.
3 days ago
they have a monopoly for convenient stores, the current share price is still under value
3 days ago
PE 41 for a retailer??☠ 💀valuation too high and unreasonable. PE 12=0.66 cent more realistic.
2 days ago
@ GushikenNaoshi65 "Monopoly" mean no other grocery shop available ! So 99 how to "Monopoly"???
1 day ago
monopoly in the sense of mentality, 99smart is more visited than others, in time it will dominate
1 day ago
99 more visited mean will have less chance to have new customer, mean sales wont increase, if want to increase profit have to increase price, but if keep increase price , the customer will become less since it's not "Monopoly" , so the share price wont up anymore
1 day ago
KKmart sure want go for listed, they keep open more branch although don't have business😁
1 day ago
kkmart wont be listing for a long time, not after the sock scandal, people remember stuff for a long time
1 day ago
We will see how after their next expansion, 2000+ to 3000+ stores, maybe a breakthrough to overseas. I can take profit anytime
1 day ago
Kim
Get your ticket =)
he he he
4 weeks ago