$LWSABAH (5328.MY)$They stated during the IPO live broadcast that their mineral water almost monopolizes the Sabah market. The main purpose of this IPO is to enter the Sarawak and Brunei markets, consolidate the Sabah market, and they also mentioned that they have purchased land in Indonesia for the new capital market in Kalimantan, Indonesia.
Sabah is also a tourist destination, attracting countless visitors every year from China and around the world. For tourists coming to the sunny Malaysia, the most important thing is mineral water. If anyone has some understanding, they would know that the number of tourists in Sabah is continuously doubling, and the government is making great efforts to improve and promote tourism in Sabah, already implementing an airport expansion plan.
Unlike the competitive environment with numerous brands in West Malaysia, the LWSABAH brand has penetrated every Sabahan and has no competitors.
I estimate that they will reach at least 1.50 within this year, and around 3.5 next year.

$LWSABAH (5328.MY)$ They stated in their public offering live broadcast that their mineral water almost monopolizes the Sabah market. The main purpose of this public offering is to enter the Sarawak and Brunei markets and consolidate the Sabah market. In addition, they also mentioned that they have already purchased land in Indonesia for the new capital market in Kalimantan.
Sabah is also a tourist destination, attracting countless visitors every year from China and around the world. For tourists coming to the sunny Malaysia, the most important thing is mineral water. If anyone has some understanding, they would know that the number of tourists in Sabah is continuously doubling, and the government is making great efforts to improve and promote tourism in Sabah, already implementing an airport expansion plan.
Unlike the environment where countless brands compete in West Malaysia, the LWSABAH brand is deeply rooted in every Sabahan and has no competitors.
I estimate that they will reach at least 1.50 this year and around 3.5 next year.

$LWSABAH (5328.MY)$ Charge!