IPO of 104,296,800 new ordinary shares in SDS (“SDS Shares”) to be allocated in the following manner:

~ 20,291,200 SDS Shares made available to the Malaysian public;

~ 23,132,000 SDS Shares made available to the eligible directors and employees and business associates/persons who have contributed to the success of the SDS Group; and

~ 60,873,600 SDS Shares by way of private placement to selected investors

https://www.sc.com.my/prospectus-exposure-sds-group-berhad/

This post has been edited by nexona88: Jul 25 2020, 06:45 PM

kuat ni, one time boom 3 IPO

heheheh
give chance others open topic..
No response..

SO I open 3 Potential IPO topic

Parking n come back after price released

KUALA LUMPUR (Aug 23): Family-run SDS Group Bhd is aiming to list on Bursa Malaysia's ACE Market on Oct 7.
The Johor-based bakery products manufacturer and distributor said it would be raising RM23.99 million from its initial public offering (IPO)

Whatt. ? ... " BREAD IPO "

This post has been edited by SURE ANGPOW: Aug 24 2019, 05:48 PM

Endless Possibilities 👌

so who going for this one?

I am more interested in this one compared to MTAG.

Their food, bread, cafes are pretty good.

u r johorean?can snap some pics of their business premise?

Some RM6 million or 25% of the IPO proceeds will be used to expand its business presence for both its wholesale and retail channels within the northern and central regions of Peninsular Malaysia, RM7.79 million or 32.5% will be used for working capital requirements, RM7 million or 29.2% to repay bank borrowings and RM3.2 million or 13.3% to defray listing expenses associated with the IPO.

Source: https://www.theedgemarkets.com/article/sds-...listing-october

the prospectus link is broken

Already expired 😑
Limited time only available

I am johorean, but never heard of this company or any of their products or café.

The downside of their prospectus is 1/3 to repay bank borrowings which is alot of money and also on working capital requirements. It seems to me they are trying to pare down debts/borrowings. But in another way, they want to be in a low/net-debt position?

You serious? It's pretty well-known in Johor Bahru. Since Johor is pretty huge, which part of Johor you're in? Maybe thats why.

SDS focus more on bigger cities/town.

when i first heard it

I thought it was the SCS Dairy group (SCS Butter etc)

then realize this is SDS Bakery hahaha

Another BOBBY TRAP IPO ?

This post has been edited by SURE ANGPOW: Aug 30 2019, 09:07 PM

i am from batu pahat, if this company only focus on johor bahru, u can imagine how small is this company and how small is their market. i am curious how this small company can list on ace market , instead of leap market. beautified accounting and profit record ?
will try apply abit, dun care abt it , as long as the stock price increase, it is a good stock.

"It seems to me they are trying to pare down debts/borrowings. But in another way, they want to be in a low/net-debt position?"
Is that a good thing?So business can go on without worrying about monthly debt payments?

With 23 sen per share,I think is not worth entering.Too expensive at todays market.
So,no buy.

Another Argghhhhhh ?

##Till now , All IB / Brokers Firm are Scared Liao to give any TP / Fair Value

the same thing for Kaput ( ? ) MTAG

This post has been edited by SURE ANGPOW: Sep 9 2019, 12:36 PM

It seems no one is going for this one.Bad karma IPO

Argghhhhhhh !

still got a while to go.. can wait

closing on 23/9 .May be waiting for MTAG to list.But listing on 25/6.
So what to do,skip or wait for IB to give a target price ???????????

trying my luck for this ipo

i'll be applying for this.. again back to ballot luck.

1001 lots cuba.

I think ballot under subscribe this time.100% allotment

Hurryyyy. UPPPPPPP

Closinggg now

Oversubscribed 11x

Aiya apa macammmm

result released 16.65x oversubscription

Many are IPO hungry lately...
TP ?
# another main board UWC IPO >> HOT AME ELITE
may oversubscribed 50 X ?

This post has been edited by SURE ANGPOW: Sep 26 2019, 07:09 PM

https://www.tiih.com.my/content/press_relea...isAllotment.pdf

Success rate quite high, but shares allotted is quite sad..

Wow yes, it is quite sad.
apply 100k get 14k

Not much meat...
Since allocation for successful applicant is little...

Yea got 14k only. Waste of time

I guess the vendor shareholders ask to allocate such way...

got 40k units

ini kali hor sei leow lah tp 35cts

got 14k

Why ?. ...let others to enjoy a slice of SDS cake too

This post has been edited by SURE ANGPOW: Sep 28 2019, 01:59 AM

Can share link for the TP report ? Thanks in advance.

TP: 21 Cents
https://themalaysianreserve.com/2019/09/20/...ctober-listing/

23cts only ..cheap cheap , if no untung nanti AGM go there dapat free coupon
can go any outlet makan pau pau

that is true. at least everyone enjoy sikit2 better than makan telur haha

Who Cares .....many analyst underestimate the current IPO

many IPO did OK

only few days left...the big party is coming

huartt arrrr

TP 48 sen

Thanks to Dow Jone - Good to this IPO

Dow jone STEAMINGG almost 400 points
Huart Arrrr

Latest

Mercury Securities SDS fair Value 30 SEN

## With Dow JONE STEAMINGGG almost 400 points

SDS is likely to hit 50 sen

This post has been edited by SURE ANGPOW: Oct 5 2019, 06:36 PM

post the tp report link here

BEBI

Pliss read this >>

VALUATION/RECOMMENDATION

At IPO price of RM0.23 per Share, SDSG is valued at 12.1x core PE based on FY19 EPS of 1.9 cents, and
representing P/B of 1.6x based on pro-forma consolidated NA per share upon listing.

We have a subscribe recommendation with a target price of RM0.30 derived based on 13.0x PE of our estimated
FY20E EPS of 2.3 sen. The target price represents a potential return of 29.0% over the IPO price.

SDS GROUP BHD

“IPO - Expand central and northern region”


IPO Report

Thursday, 3rd Oct 2019
MAIN MARKET
Consumer
IPO Price
:
RM 0.23


Fair Value (FV)

RM 0.30




SUBSCRIBE / BUY / WALLAPP


BACKGROUND

SDS Group Bhd (SDSG) Group is principally involved in:

1. Manufacturing and distributing of bakery products, and
2. Operating food and beverages (F&B) outlets.
SDS products are sold via wholesale and retail channels.
Wholesale channel - SDSG produce varieties of breads, buns, rolls and cakes and distributed to mini markets, convenience stores, sundry shops, supermarkets and hypermarkets under its brand name “Top Baker” and “Daily’s”.
Retail channel – SDSG produce varieties of bakery, confectionary and other F&B products and sold through 33 F&B outlets in Johor under the brand name of “S.D.S” and Fanpekka Café by S.D.S.

VALUATION/RECOMMENDATION

We like SDSG for its proven track record with established brands, stable earnings growth and clear strategy plan for expansion, and believe the company is poise to benefit from the growing demand of bakery products in Malaysia.

We have a subscribe recommendation with a target price of RM0.30 derived based on 13.0x PE of our estimated EPS of 2.3 sen for FY20E. The target price represents a potential return of 29.0% over the IPO price.

## Thanks to U S Dow Jone STEAMINGGG almost 400 POINTS to FURTHER AROUSE this SDS IPO

### Can't rule out this SDS may hit 50 SEN as 1 of the Senior Director used to be a Seasoned GOLENG KAKI

This post has been edited by SURE ANGPOW: Oct 6 2019, 05:53 PM

Niapek.. don't know what ib said tp 35cts..what said you

seems like CIMB Investment Bank

further UMPHHH to this SDS IPO

## NEXT MONDAY 14 Oct - another like Main Board UWC will be listed
SURE EXPLOSIVE this MAIN BOARDER AME ELITE IPO !

This post has been edited by SURE ANGPOW: Oct 6 2019, 07:08 PM

listing tomorrow? i don't see my shares in HL ebroking, anyone in the same boat?

TO: RM 0.32

TO: RM 0.27

ATTACCKKKKKKKKKKKKKKKKKKKKKKKKKKKK !

Sold 0.255.

Sold at T/O 0.26

sold 40k units at 0.26

Decent profit there can have kfc for lunch

This post has been edited by teehk_tee: Oct 7 2019, 09:14 AM

bor chow seeeeee

took a&w for lunch just now, yummy

potential 30 sen ++ this afternoon
remained solid rock now !

COMINGGGGGGGGGGGGG ! :thumbs

2ND ROUND ANGPOWS in THE MAKINGG

This post has been edited by SURE ANGPOW: Oct 7 2019, 02:34 PM

those panic sold yesterday will regret

SDS further STEAMINGGGGGG !

today may hit 35 sen......immediate TP 40 sen

This post has been edited by SURE ANGPOW: Oct 8 2019, 09:08 AM

e
believe u even 0.01% also die

SDS COMINGGGGGGGGGG

HUGE VOLUME

those PRESS (ED) the Panic Button on listing Day potentially to get MAD

SDS COMING ? I think should be going to HELL !

SDS doing quite well
onwards to RM 1

Visited the place near my house, and checked the Internet to find out what SDS means. Well, I still do not know what the abbreviation stands for, I do know that it is a public-listed company!

Business-wise, pretty similar to Baker's Cottage, Lavendar (Aeon). Got tables so can lepak there drink coffee eat bakery.

I think there is good potential for upwads trend, but there are also risks. Things I have observed:

Pros:
+A good third-place to replace Starbucks / CBTL as place to lepak.
+ food price is competitive. not too cheap, not too expensive
+ strategic place: high foot traffic

Cons:
- Tough market: a lot of smaller bakeries competing for business
- volatile to price of raw ingredients

As for me, the price @ 0.895 is pretty high for me, so I'll wait this one out