$KUCINGKO BERHAD(0315.MY$ Didnt get any allotment :(
Imran Pouzi
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Imran Pouzi
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Kucingko, the only animation company that will become Malaysia's stock, is worth up to 54 cents
The Malaysian stock market is in full bloom, and Kucingko is about to welcome the first 2D animation creative company $KUCINGKO BERHAD(0315.MY$Analysts believe that the company's reasonable price is between 43 cents and 54 cents. Compared with 30% of the initial public offering (IPO) of 30 cents per share, there is room for growth of 43% to 80%.
Kucingko is mainly engaged in 2D animation production, using digital drawing to create animated motion and visual content. The company focuses on mid-term production, producing visual content based on characters and scripts already set by the customer.
The company is listed on GEM to raise capital, and plans to set up a branch in East Malaysia, as well as a sales center in Los Angeles to establish stronger customer links.
Currently, the company is establishing partnerships with Sabah University, Sarawak University, and the Sabah Creative Economy and Innovation Center (SCENIC) to explore more talent collaborations, including providing internships, setting up mobile animation studios at universities, and sharing experiences.
Currently, the company's balance sheet is very healthy and has a large amount of cash. As of December 2023, it has net cash of RM14.4 million, or 2.9 cents per share, which is equivalent to 9.6% of the market value.
The company also plans to pay at least 40% of net profit as a dividend. In the past, Kuchingko sent 47% to 16 in the 2020-2023 fiscal year...
The Malaysian stock market is in full bloom, and Kucingko is about to welcome the first 2D animation creative company $KUCINGKO BERHAD(0315.MY$Analysts believe that the company's reasonable price is between 43 cents and 54 cents. Compared with 30% of the initial public offering (IPO) of 30 cents per share, there is room for growth of 43% to 80%.
Kucingko is mainly engaged in 2D animation production, using digital drawing to create animated motion and visual content. The company focuses on mid-term production, producing visual content based on characters and scripts already set by the customer.
The company is listed on GEM to raise capital, and plans to set up a branch in East Malaysia, as well as a sales center in Los Angeles to establish stronger customer links.
Currently, the company is establishing partnerships with Sabah University, Sarawak University, and the Sabah Creative Economy and Innovation Center (SCENIC) to explore more talent collaborations, including providing internships, setting up mobile animation studios at universities, and sharing experiences.
Currently, the company's balance sheet is very healthy and has a large amount of cash. As of December 2023, it has net cash of RM14.4 million, or 2.9 cents per share, which is equivalent to 9.6% of the market value.
The company also plans to pay at least 40% of net profit as a dividend. In the past, Kuchingko sent 47% to 16 in the 2020-2023 fiscal year...
Translated
![Kucingko will become the only animation company in the Malaysian stock market with a maximum value of 54 cents](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20240712/06eae1411b6e0cef535aec0dae633e7d.jpg/thumb?area=104&is_public=true)
![Kucingko will become the only animation company in the Malaysian stock market with a maximum value of 54 cents](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20240712/768e1217c4516f07ffc708b3d41e2086.jpg/thumb?area=104&is_public=true)
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Imran Pouzi
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Imran Pouzi
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Market is Hot, Innit?
With the recent strong performance of IPOs, namely UUE Holdings, Go Hub Capital, and Ocean Fresh, each achieving over a 100% gain on the first day, investors are now eagerly seeking the next significant IPO. Based on our observations, we believe this IPO - $KUCINGKO BERHAD(0315.MY$ - has the potential to exceed expectations.
Figure 1.0: Company Logo of KUCINGKO
Many investors may have underestimated the potential of KUCINGKO.
Why KUCINGKO?
The de...
With the recent strong performance of IPOs, namely UUE Holdings, Go Hub Capital, and Ocean Fresh, each achieving over a 100% gain on the first day, investors are now eagerly seeking the next significant IPO. Based on our observations, we believe this IPO - $KUCINGKO BERHAD(0315.MY$ - has the potential to exceed expectations.
Figure 1.0: Company Logo of KUCINGKO
Many investors may have underestimated the potential of KUCINGKO.
Why KUCINGKO?
The de...
![The Next IPO with Deep Potential…](https://sgsnsimg.moomoo.com/sns_client_feed/101741037/20240708/744350511e9d68ce1e13552df73ddcc5.png/thumb?area=104&is_public=true)
![The Next IPO with Deep Potential…](https://sgsnsimg.moomoo.com/sns_client_feed/101741037/20240708/3cae99c27ec079289180c91a9b78a837.png/thumb?area=104&is_public=true)
![The Next IPO with Deep Potential…](https://sgsnsimg.moomoo.com/sns_client_feed/101741037/20240708/ff3db215fce7f049bd7ba5b56f6affd1.png/thumb?area=104&is_public=true)
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