Mine is so pathetic



This post has been edited by ping325: Oct 20 2020, 02:29 PM

okma, you got 100 Mr DIY shares now ady.......
when you sell this, i suspect you will even lose your water money....

Anyone got the shares alloted to their cds account ?

Still not yet now

received email from itrade ..but so far nothing

normally is 1st day listing before 8.30am (if i remember the time correctly)

called up my broker and he said most likely on the Listing Date which falls on this Monday.

Yup you can give it a shot at midnight.

UOBKAYHIAN

MR DIY Group (MRDIY MK)
Shopping For A Great Bargain

MRDIY, Malaysia’s most established home improvement retailer offers a compelling 4-
year earnings (2017-21F) CAGR of 20.6%, which is unrivalled in the region (peers’
average: 8.1%). Robust organic growth of 8.9% is further supplemented by new store
rollouts and expansion into new retail formats. Ultimately, it has a sterling track record,
execution ability and a highly cash-generative business model. Initiate coverage with

BUY and target price of RM2.20.

• The go-to home improvement retailer for the masses. MR DIY Group (MRDIY) is
synonymous with Malaysian households for its quality home improvement products at
affordable prices. Frost & Sullivan’s price benchmark study on a basket of goods found
MRDIY’s prices were on average 21% cheaper than its physical-store competitors. Our ecommerce study found MRDIY’s basket of goods to be 20% cheaper. MRDIY’s attractive
value proposition combined with its convenient locations and large offerings at an average of
16,600 SKUs per store entrench it as the go-to one-stop shop for home improvement
products.

• Undisputable market leader in a growing and resilient segment of the retail sector in
Malaysia. MRDIY holds a 30% market share in home improvement spending in Malaysia. It
could gain further market share via its aggressive expansion in a highly fragmented industry.
Meanwhile, natural organic growth as forecasted by Frost & Sullivan is attractive at 8.9%
(2019-24F). Establishing new concept stores within the toy and dollar store concept will
provide additional impetus for growth. Outperforming East Malaysia MRDIY stores suggests
ample room for growth beyond urban cities.

• Compelling cash generation derived from impressive revenue growth, high
profitability and brief payback. We expect MRDIY’s free cash flow (FCF) to grow at a 5-
year CAGR (2017-22F) of 38.2%. This is supported by a trifecta of factors: a) store
expansion and robust same-store sales (SSS) growth; b) high operational profitability
(EBITDA margins of 26-30% in 2017-22); and c) instant brand recognition, need-based
demand and an impressive operating cost structure that significantly reduce store payback
period to two years from the usual three years.
• Negative perception carves out opportune window. There could be an opportune buying
window, given the uninformed and negative perception among retailers, which was
perpetuated by a media report. But we expect upcoming quarterly results to dispel the
perception of declining prospects (eg SSS growth).
Click here for Blue Top dated 21 Oct 20. MRDIY’s IPO listing is on 26 Oct 20

This post has been edited by SURE ANGPOW: Oct 24 2020, 10:02 PM

If could close at 1.60 on Monday is considered lucky and bless.

If drop less than 40 cents already consider lucky..
rumour from insider said itts definitely gonna drop, based on its prospectus, 91% of its proceed will used to repay bank borrowings while remaing 9% pay for IPO fees.

Through its IPO, Mr DIY hopes to raise RM1.5 billion, of which RM1.2 billion will go to its promoters offering to sell their shares. The balance RM301.44 million to be raised through the issuance of new shares will be used to pay off debts worth RM276.14 million, and RM25.3 million in IPO fees and expenses incurred.

https://www.theedgemarkets.com/article/mr-d...s-future-growth

UOB Kay Hian analyst Philip Wong,
who is initiating a “buy” call with a target price of RM2.20, said MR DIY has a superior earnings growth outlook.



This post has been edited by SURE ANGPOW: Oct 25 2020, 05:00 AM

Stock: [MRDIY]: MR D.I.Y. GROUP (M) BERHAD

Oct 25, 2020 8:42 AM | Report Abuse

VALUATION/RECOMMENDATION

• Initiate coverage with BUY and target price of RM2.20 ,
based on 31.0x 2021F PE. Its regional ASEAN peers are trading at an average of 26.6x 2021F PE, but we opine that MRDIY well deserves a 15% premium to peers due to:

a) its significantly superior 4-year net profit CAGR (2017-21F) of 20.6% (peers: 8.1%);

b) its established track record and it being the largest home improvement retailer in Malaysia; and

c) home improvement spending in Malaysia is among the highest in the ASEAN region.

Our blue-sky valuations suggest a target price of RM2.50.

This post has been edited by SURE ANGPOW: Oct 25 2020, 09:03 AM

Debut is less than 24 hours away. If you don't BBB, price will drop.

lol diy business selling cheap stuff

have anyone read blog from Pelhambluefund on Mr DIY?

MR DIY - Part I

Part II

财经新闻
业绩优越现金充裕 券商喊买Mr. DIY
2020年10月25日
（吉隆坡24日讯）分析员指出，将在下周一（26日）上市马股主板的Mr. DIY，过去业绩优越且执行力强，加上现金流相当宽裕，因此建议买入该股，并给予2.20令吉目标价，比发售价每股1.60令吉，溢价37.5%。

大华继显研究分析员在报告中写道，2.20令吉目标价，相当于31倍的本益比，比东盟同行的26.6倍均值，高出15%。



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economic news
Outstanding performance and ample cash, brokers call to buy Mr. DIY
October 25, 2020
(Kuala Lumpur, 24th)

Analysts pointed out that Mr. DIY, which will be listed on the main board of the Malaysian stock market next Monday (26th), has excellent performance and strong execution in the past, coupled with considerable cash flow.
Therefore, it is recommended to buy the stock and give The target price of RM 2.20 is a 37.5% premium over the offer price of 1.60 ringgit per share.

UOB Kay Hian Research analysts wrote in the report that the target price of RM2.20 is equivalent to 31 times the P/E ratio, which is 15% higher than the average of 26.6 times of its ASEAN counterparts.

How come.not RM8.88?

You again syoik sendiri ah😂😂😂