Dear Mooers,
Are you ready to take your investment knowledge to the next level? We’re excited to invite you to our upcoming live stream event: “Understanding and Investing in ETFs Listed on Bursa Malaysia”.
Participate in this live stream, you will have a chance to receive 88 moomoo points!
In this comprehensive live stream, we’ll guide you through everything you need to know about Exchange Traded Funds (ETFs) and how you can leverage them...

99 Speedmart dominates the mini-mart sector with the highest number of outlets. Founded in 2000 by Lee Thiam Wah, the brand focuses on serving local communities. With 2,542 outlets across Malaysia, it significantly outpaces competitors and plans to open 250 new outlets each year. In 2022, it held a 37.9% market share in the mini-market sector and 75.4% among chain brands. We will analyze the worth-noting information in this IPO during the live sess...

Stock Price (2024/06/05): RM0.210
P/E Ratio: 1,117.02 (previously affected by losses)
Dividend yield: N/A
NTA: RM0.100
Recently, the moderator has noticed that everyone has set their sights on transportation stocks. Today, I will introduce a light-asset transportation stock, KGW Group Berhad (KGW, 0282), and I believe everyone will gain some insights after reading it.
Looking at the current situation, the Red Sea incident has led to a rise in costs for many shipping companies, including: 1) the need to hire more expensive marine transportation personnel, 2) the need for more costly insurance, and 3) the need to use longer routes, such as transferring to Cape of Good Hope. These factors directly impact the supply chain and transportation costs.
It is understood that the transportation cost of a 40ft container has almost doubled (this is an average value, not a specific route), although it has not returned to the high levels during the pandemic, it is still higher than normal periods.
Let's take a real-life example. The transportation cost of a 20ft container (TEU) from Shanghai to North Europe has skyrocketed from USD2,530 in mid-March 2024 to USD7,400, showing the magnitude of the increase.
So, what is the relationship between today's KGW marine transportation costs?
Of course it is related...

Stock price (2024/07/22): RM0.220
P/E: 12.9 times
Dividend yield: N/A
NTA: RM0.200
After the market correction last week, yesterday our stock market saw another 914 declining stocks, and the trading volume also decreased. It seems that this "correction" is a bit too large.
However, we can still notice that the recent performance of IPOs has been very good, with oversubscription generally being more than 50 times (of course, depending on the industry). Therefore, the moderator also wants to share BWYS Group Berhad (BWYS, 0313), a less mentioned company, to deepen everyone's understanding of them.
As mentioned in the title, BWYS is a steel stock, and the company's business can be divided into three main categories: the first category is related to sheet metal manufacturing products, the second is the sale and rental of scaffolding, which is the "frame" we see outside some construction sites, and the last category is the trading of steel-related products.
In FY2023, sheet metal manufacturing accounted for 73.0% of revenue, scaffolding accounted for 24.9%, and trading accounted for the minority...

Stock Price (2024/06/13): RM0.280
P/E: 8.47x
Dividend Ratio: N/A
NTA: RM0.270
Looks like yesterday should have been a great day. 3 companies actually issued prospectus ready to go public in one go public?
Among these 3 IPOs, the moderator also selected the company that he personally thought was the most interesting to discuss with everyone; however, let's first explain that this is not a trading proposal; if you see the end, you also need to filter it yourself.
Let's first talk about why we think Ocean Fresh Berhad (OFS, 0312) is so interesting; first, OFS's current IPO is only 210.1 million shares, RM0.280 per share, which means that after listing, the company's market value is RM58.8 million, which is a relatively small IPO in 2024.
Also, OFS's current IPO did not develop MITI subscriptions, and no shareholders sold shares (Offer for Sale, which also happens to be “OFS” for short), which is quite intriguing.
In other words, the OFS situation is for small stocks, and there is little selling pressure, and with further inquiries, the background of several major shareholders is also not easy. If you are interested, you can turn over the prospectus and take a closer look...
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The moderator heard about the 2024 Olympics. Will this company benefit?
Speaking of which, the recent stock price trend of Wentel Engineering Holdings Berhad (WENTEL, 0298) was very good, and the stock price reached a record high of RM0.390; so, what is the Wentel company worth paying attention to, why is it called a “technology stock”, and what are the company's future prospects?
Let me give you a brief introduction; WENTEL was listed on February 6, 2024, and the company's main business is sheet metal processing (“Sheet Metal Fabrication”), manufacturing precision parts (“Precision Engineering”), and equipment assembly (“Assembly”).
The entire production process of WENTEL products is to first buy raw materials (mainly sheet metal), then go through a series of processes such as punching (“punching”, which I personally understand as “drilling”), laser cutting (“laser cutting”), CNC milling (“CNC milling”, which can probably be understood as “engraving” with equipment), surface treatment (“Surface Trea...