Exposure to foreign market
More than 30 years in market as enterprise, New Tech Machinery
Total debt to current asset: 0.62 (Debt: 41.3m, Non-Current Asset: 17.17mil, Current asset: 66.61mil) - consider ok walaupun slightly high.
Now offered at MITI..
based on my calculation ..
Price offer mungkin dalam range 30-50 cent(since dekat MITI offer belum ada harga)
if offered price 30 cent and below.. valuation boleh consider CHEAP CHEAP CHEAP..
of offered price more than 50 cent -60 cent - mungkin price fairly valued.
Trading wise.. saya jangka IPO ni akan 60x more or 100x oversubs.. Dia ada sentiment yg menarik utk dinaikkan.. ada chance price meletup..
conclusion
WAJIB MOHON DEKAT MITI AND BANK NANTI .. hopefully price offer nanti below 50 cent per unit.. if this stock jadi gila dan demand yg tinggi.. not impossible price to traded near 80 cent area…
Disclaimer : Valuation is based on personal opinions and perspectives. Perceptions and forecasts may change with the release of new quarterly results. Readers should conduct their own research and regularly review each quarter's results to update their forecasts of the company's fundamental value. They assume all risks associated with their decisions.
tq dah baca , menarik
terima kasih tuan