Thursday, July 24, 2014


Assalamualaikum wbt and good evening to all readers,

Another IPO will be listed within this week next after SASBADI is HENG HUAT RESOURCES (HHGROUP)with code 0175. This share was oversubscribed by 60.3 times.!!

Brief about this share as below;
 Issue Price: RM0.45
 Par value: RM0.10
 Board: ACE Market

 As far as we are concerned, two investment banks have provided FAIR VALUE for this share


  1. Maybank- 0.49 (+8.9%)
  2. Kenanga - 0.53 (+17.8%)
Through My Lenses: 
Based on the number of subscribers during public balloting, the "cheap" price and the current performance of IPO, this stock/share will give you HANDSOME profit.

Tuesday, July 22, 2014

Sasbadi Holding Fair Value

Assalamualaikum wbt.

As we know, this IPO was oversubscribed by 33.15 times. Below is the overview about this company business activities.

Company Overview

Sasbadi Holdings Berhad, an investment holding company, engages in the publishing of education materials in Malaysia, Brunei, Singapore, and the Philippines. It publishes printed educational materials, including national school curriculum based educational materials comprising textbooks, revision guides, workbooks, assessment books, model test papers, past year examination papers, and readers covering various topics and subjects; and supplementary educational materials, such as children’s fiction and informational books, teaching guides, language guides, and glossaries, as well as logbooks for recording co-curricular activities.

The company also publishes various online educational resources, such as instant assessment generator to create assessment and test papers for teachers; i-learn, an online learning platform for students to access its database of resources covering various subjects; i-teach, a teaching platform for teachers equipped with teaching resources and tools; and iPBS, a software tool for teachers to creat materials for lessons and assessment papers based on the new school based assessment format, as well as publishes general title books.

In addition, it is involved in the distribution of applied learning products consisting of miniature building blocks and mechanical, electrical, and electronic components, as well as devices for measuring and analyzing live signals; and software to create measurement and control systems. Further, the company supplies electronic dictionaries; distributes third party publications; and trading of paper products. It serves retail bookstores, dealers, wholesalers, ministry of education, publishers, and schools. The company was founded in 1985 and is headquartered in Petaling Jaya, Malaysia.

As far as we are concerned , two investment houses evaluate and give fair value/ target price for this company.

Listing Detail:
Listing Sought: Main Market
Issue Price: RM 1.19
Par Value: RM 0.50
Number of shares:
Public Issue: 21,200,000
Offer for Sale: 35,950,000
Private Placement: 32,400,000
Stock Code: SASBADI


1. Public Bank : RM1.50 (26.1% increment)
2. Hong leong : RM1.65 (38.7% increment)  

-Can read here for the details

Educational is a stable industry and this company has related/ linked to government projects. From our view, it is a good company and have good prospect. Hope this IPO will cheer all of you.


Thursday, February 13, 2014

Dana Amanah Saham Mana Beri Pulangan Lebih Tinggi? ASB atau Tabung Haji

Assalamualaikum wbt dan selamat petang pada semua pembaca, 

Sekarang ini semakin hangat dibahaskan tentang isu hukum melabur di Amanah Saham Bumiputra (ASB) sama ada HARUS atau HARAM. 


Tapi disebalik isu tersebut, adakah Anda pernah buat pengiraan ringkas tentang dana yang manakah memberi pulangan yang lebih tinggi selepas penolakan kadar zakat 2.5% daripada pulangan pelaburan yang diberikan oleh setiap dana ASB n Tabung Haji (TH). Masa tengah google, terjumpa saya blog yang membuat jadual perbandingan pulangan antara kedua-dua dana ini.

Wednesday, October 30, 2013



IPO Price is RM2.80.
It is expected to be listed at Main Board Bursa Malaysia on 1st of November 2013.

Fair values from Research Houses;

  1. SJ Securities                          - RM3.10
  2. JF Apex Securities                  - RM3.15
  3. HwangDBS Vickers Research  - RM3.20
  4. Kenanga Investment              - RM3.33
  5. TA Securities                          - RM3.36
Average FV is RM3.23

Happy Trading.


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