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Zam didnt get what he wants. At first he thought EcoShop can go LU. Then afew hours later, he changed his mind up to 1.6. Then his changed again a few hours later to 1.5. If he profited MYR10K. Good for him. But he is missing a lot of thing here. How some of us pros make money consistently and never cut loss.
All 9 ACE Market listings since March 2025 fell on debut. That's tell you a lot. EcoShop has a good business model. They have 68% market share in Malaysia’s fixed-price segment. But I think all these big funds people are cautious at the moment. They just want to see EcoShop performance after Post-Listing & if they are able to execute their expansion plans without affecting its profit e.g. can it open 70 stores / year without margin erosion.
We are not gambling here, 'kay? We are buying assets. We deserve value for our money. And some of us here are trying to help so that others wont loose money. If I were you, I need all the help I can get.
Its not useless. We need their valuation. Its just that they didnt do their homework. When they calculate Ecoshop's PE, they simply pluck it in the air. They didnt made reference to other peer stocks e.g. 99Speed Mart, DIY, MYNews and etc... They must have been so busy, careless and lead to this over valuation. Their analysis / valuation dupe us and led us making mistakes and loose money.
If Eco-Shop’s P/E were adjusted to Mr DIY’s 23.1x, its fair value would drop to ~RM0.85–0.90 (a 20–25% downside from IPO price).
Some investors questioned whether Eco-Shop’s RM6.49 billion valuation (post-IPO) is justified, given its smaller store count (349 vs. 99 Speed Mart’s ~2,000+) and lower dividend yield (1.5% vs. 99 Speed Mart’s 1.8%)
Creador & Lee Kar Whatt sure under pressure. 3 out of 4 analsyts said ECOSHOP over value. Ambitious. Plan to open 70 stores per year. They must be busy licking butts!!
80 - 90sen should be fair.
The phrase "not officially endorsed by the Malaysian government" means that while private companies in Malaysia (like Skyvast Corporation) may pursue partnerships with Huawei for AI projects, the government has clarified it is not directly involved in such initiatives—neither funding, coordinating, nor formally approving them.
The Malaysian government has not banned private firms from using Huawei’s Ascend chips or collaborating with Huawei. Huawei confirmed it has not sold Ascend chips to the Malaysian government, implying private transactions might still occur.
Projects must pass legal, operational, and reputational due diligence, as highlighted by Malaysia’s Investment Ministry. Private companies can engage Huawei, but must independently navigate risks like U.S. sanctions and ensure compliance.
The Airbus Bribery Allegations (2018–2020)
UK Serious Fraud Office (SFO) Investigation:
Airbus admitted to a global bribery scheme (settling for $4 billion with US/UK/French authorities). Documents revealed: Airbus paid $50 million to sponsor the Caterham F1 team (owned by Fernandes and co-founder Kamarudin Meranun). Prosecutors alleged this was a kickback for AirAsia’s 180-aircraft order from Airbus. An additional $55 million was offered (but not paid) for further orders.
Internal Emails:
An AirAsia executive (believed to be Fernandes) demanded $16 million from Airbus, complaining: " I’m fed up. You owe me 4million already...Payup.Iwantmywhole16 million now".
Airbus employees discussed funneling payments to the F1 team to "close deals"
India’s CBI also investigated Fernandes for bribing officials to secure AirAsia India’s license.