First IVF to go IPO in Malaysia

I heard coming QR will be the best QR since IPO

I think this QR will maybe hit 6m

its coming https://theedgemalaysia.com/node/684628

this QR should be around 5m too.

tbh, I think this counter is undervalued. I think this year 40c shouldn't be a problem.

With such low premium, and expiry on 2027. Warrant has more upside than mother.

< Personal Opinion >

This is a counter with good business foundation and a solid financial. With a strong first Q1 2023 results, it is looking to hit 20m PAT for FYE 2023. That is an increase of 37.93% from the previous year. Currently SCGB is one of the largest if not the largest cable manufacturer in Malaysia with 30-40% market share. With the current order book increasing every year from TNB and TM, SCGB is poised to become the market leader. Currently SCGB is the one of two cable manufacturer that is listed in Bursa, with Sarawak cable in PN17. IF Southern cable is able to takeover Sarawak Cable's position and start supplying more cables to SEB (Sarawak Energy Berhad). The potential upside for this counter is unimaginable.

Welcome all to discuss below! If you like my post, do follow me here, it gave me motivation to continue writing and sharing my ideas at here. Note that this is not buy/sell recommendation, you should do your own research, form your own view for any buy/sell action in the market. Thank you.

@Kenny Ng. 公司的Placement都是老板自己的Proxy拿。他卖你也不知，傻的吗？