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BWYS Group's IPO is valued by an investment bank and the target price is 50% or more. Is there any interest?
- YouTube
Today we are introducing BWYS GROUP BERHAD's IPO, created by M&A Securities. The application period starts on June 18, and the deadline is July 5. The lottery date is set for July 11, and the listing bell date is July 22. The company's IPO stock price was RM0.22, and the market capitalization reached 225M.
BWYS is mainly engaged in manufacturing, and its products include roof tiles, industrial shelving systems and welded pipes. In addition, the company also operates scaffolding supply and leasing and steel trading businesses. The business is mainly focused on metal products (about 70%) and scaffolding (about 20%).
The main allocation of 56M capital that the company plans to raise for the IPO is: new plant construction (22.8M), new equipment purchase (7.7M), software upgrade (10.8M), bank loan repayment (4M), and daily operating capital and listing expenses (total 11M).
Financially, the company doubled its performance from 2020 to 2021, but growth slowed from 2021 to 2023, mainly due to rising costs affecting profit margins.
BWYS's customers are widely distributed. The top 5 customers are mainly concentrated in Malaysia, and they do not rely too much on a few large customers. It is worth noting that most of the company's raw materials come from hot-rolled and cold-rolled steel from China....
- YouTube
Today we are introducing BWYS GROUP BERHAD's IPO, created by M&A Securities. The application period starts on June 18, and the deadline is July 5. The lottery date is set for July 11, and the listing bell date is July 22. The company's IPO stock price was RM0.22, and the market capitalization reached 225M.
BWYS is mainly engaged in manufacturing, and its products include roof tiles, industrial shelving systems and welded pipes. In addition, the company also operates scaffolding supply and leasing and steel trading businesses. The business is mainly focused on metal products (about 70%) and scaffolding (about 20%).
The main allocation of 56M capital that the company plans to raise for the IPO is: new plant construction (22.8M), new equipment purchase (7.7M), software upgrade (10.8M), bank loan repayment (4M), and daily operating capital and listing expenses (total 11M).
Financially, the company doubled its performance from 2020 to 2021, but growth slowed from 2021 to 2023, mainly due to rising costs affecting profit margins.
BWYS's customers are widely distributed. The top 5 customers are mainly concentrated in Malaysia, and they do not rely too much on a few large customers. It is worth noting that most of the company's raw materials come from hot-rolled and cold-rolled steel from China....
Translated
![🇲🇾 BWYS IPO is highly regarded by an investment bank. Is there any interest in it?](https://sgsnsimg.moomoo.com/sns_client_feed/101674377/20240701/1719805804274-random5855-101674377-android-org.jpeg/thumb?area=104&is_public=true)
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$Listed Fund Trust Wahed Ftse Usa Shariah Etf(HLAL.US$ If HLAL has frictional share, I would like to invest it . For now I stick to Wahed.
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Did you know moomoo is backed by Tencent, China's biggest tech company, which is also the 4th biggest position in the All World Index (ex US) ETF?
I joined moomoo after being an analyst / market strategist at Saxo Bank and prior to that I worked for Bell Financial Group (Bell Potter, Bell Direct) $Bell Financial Group Ltd(BFG.AU$ . And prior to that I was ...
I joined moomoo after being an analyst / market strategist at Saxo Bank and prior to that I worked for Bell Financial Group (Bell Potter, Bell Direct) $Bell Financial Group Ltd(BFG.AU$ . And prior to that I was ...
![In case you didn't know, moomoo is backed by Tencent, China's biggest tech company & the 4th biggest position in the All World Index (ex US)](https://sgsnsimg.moomoo.com/sns_client_feed/151388429/20240625/9b03fae300538db4ca1a685a2650adc0.jpg/thumb?area=102&is_public=true)
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$Micron Technology(MU.US$ is expected to release earnings on 26 June 2024 after the market close.
Micron Technology is expected to show a rise in quarterly revenue when it reports results on 26 June for the period ending 31 May 2024. It is expected to report a 77.6% increase in revenue to $6.662 billion from $3.75 billion a year ago,
Micron's guidance on 20 March 2024 for the period ended May 31, was for revenue between $6.40 bil...
Micron Technology is expected to show a rise in quarterly revenue when it reports results on 26 June for the period ending 31 May 2024. It is expected to report a 77.6% increase in revenue to $6.662 billion from $3.75 billion a year ago,
Micron's guidance on 20 March 2024 for the period ended May 31, was for revenue between $6.40 bil...
![Will Micron Earnings Be Affected By Slump In Semiconductor Sector?](https://sgsnsimg.moomoo.com/sns_client_feed/101760671/20240625/14e4f00a765e62115956250d0cf01a12.png/thumb?area=101&is_public=true)
![Will Micron Earnings Be Affected By Slump In Semiconductor Sector?](https://sgsnsimg.moomoo.com/sns_client_feed/101760671/20240625/d4ad652f0afbb61987f789b2a202b027.png/thumb?area=101&is_public=true)
![Will Micron Earnings Be Affected By Slump In Semiconductor Sector?](https://sgsnsimg.moomoo.com/sns_client_feed/101760671/20240625/7268c73c2301828d6fea2856c5ba51c9.png/thumb?area=101&is_public=true)
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Recently $Block(SQ.US$ has announced on May 6 its intention to issue $1.5 billion in senior notes via a private placement targeted at qualified institutional investors. This debt offering is to help Block to keep up their growth and acquisitions.
Block intends to use the proceeds from this sale for several purposes including the repayment of existing debt, potential acquisitions and strategic transactions, capital expenditures, investments, and bol...
Block intends to use the proceeds from this sale for several purposes including the repayment of existing debt, potential acquisitions and strategic transactions, capital expenditures, investments, and bol...
![Why It is Time To Consider Block (SQ) Seriously](https://sgsnsimg.moomoo.com/sns_client_feed/101760671/20240625/19560358912e335985752d96c19085e2.png/thumb?area=101&is_public=true)
![Why It is Time To Consider Block (SQ) Seriously](https://sgsnsimg.moomoo.com/sns_client_feed/101760671/20240625/723082d4e8bbc29ef0c4c7967fc08797.png/thumb?area=101&is_public=true)
![Why It is Time To Consider Block (SQ) Seriously](https://sgsnsimg.moomoo.com/sns_client_feed/101760671/20240625/dc755cd03942f3f5e83978180b9a6961.png/thumb?area=101&is_public=true)
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Columns Western Bank Surges 60% After 100% Premium Acquisition: Who Could Be the Next Buying Target?
National Bank has agreed to purchase $Canadian Western Bank(CWB.CA$ for $5 billion, a move that sees the bank paying a 118% premium over CWB's June 11 close price of C$24.89. This acquisition follows the $Royal Bank of Canada(RY.CA$'s significant purchase of HSBC Canada, valued at $13.5 billion, signaling a consolidation trend in the Canadian banking industry.
Since the announcement, Canadian Western Ba...
Since the announcement, Canadian Western Ba...
![Western Bank Surges 60% After 100% Premium Acquisition: Who Could Be the Next Buying Target?](https://ussnsimg.moomoo.com/sns_client_feed/73697621/20240624/5172929932c949b6bb51b11f6b6c827c.jpg?area=103&is_public=true)
![Western Bank Surges 60% After 100% Premium Acquisition: Who Could Be the Next Buying Target?](https://ussnsimg.moomoo.com/sns_client_feed/73697621/20240624/aa795c062c084a41a399b80a14d47d7a.jpg?area=103&is_public=true)
![Western Bank Surges 60% After 100% Premium Acquisition: Who Could Be the Next Buying Target?](https://ussnsimg.moomoo.com/sns_client_feed/73697621/20240624/d95bee83490f46429c3d5232cd764e16.jpg?area=103&is_public=true)
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⭐ A Technical indicator with code that you may want to save and use ❤
Apologies for the wait since our teaser – life got in the way. 😅 But excited to finally share this with you!
Before we get started, just wanted to remind you to smash that like button and leave a comment below to let me know what you think! 👍💬
Hey mooers🌟!!! Do you know what the support level and resistance level are? Check out this post and the SRL indicator🚗, you will...
Apologies for the wait since our teaser – life got in the way. 😅 But excited to finally share this with you!
Before we get started, just wanted to remind you to smash that like button and leave a comment below to let me know what you think! 👍💬
Hey mooers🌟!!! Do you know what the support level and resistance level are? Check out this post and the SRL indicator🚗, you will...
![Support & Resistance: While You Draw, Code Lends Me a Hand](https://ussnsimg.moomoo.com/sns_client_feed/70797280/20240624/1719216352816-e0e64f1bc5.gif?area=100&is_public=true)
![Support & Resistance: While You Draw, Code Lends Me a Hand](https://ussnsimg.moomoo.com/sns_client_feed/70797280/20240624/1719216690390-b93c349e7c.png?area=100&is_public=true)
![Support & Resistance: While You Draw, Code Lends Me a Hand](https://ussnsimg.moomoo.com/sns_client_feed/70797280/20240624/1719216996756-2cef151159.png?area=100&is_public=true)
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