APEX fv 54 sen

FV all OK.. see tomorrow blotting.. hope dapat

Looks good especially the TP / FV given by IBs....
But like I said many times... Cannot really trust them 100% 😏

Some give good TP is because it is the rice bowl in getting the listing fee and sales 🤦‍♀️

Only get TP from those who are not involved or even a stake of buying then only can get the actual fair value

Hmm....
True also...
They got involved directly or indirectly...
Whatever gain from the company performance is their $$$...

Valuation / Recommendation

We have a SUBSCRIBE recommendation on TT Vision Holdings Berhad with a target price of RM0.62 based on FY23F EPS of 2.7 sen and a PE of 23.1x in line with its peers’ average. We like the stock for its solid track record and strong R&D capabilities. The target price represents a potential return of 82.4% over the IPO price.
Investment Insights

Strong R&D capabilities. The company recently performed various R&D on new product developments and enhancements to further develop and enhance the features of its machine vision equipment. This enables the company to keep abreast of the latest technological developments and fulfil its customer’s needs.

Moving forward, the company plans to utilise its IPO proceeds to strengthen its R&D initiatives and focus on product development such as the solar wafer sorter with vision inspection and testing capabilities, PL inspection module, equipment with inspection and testing capabilities used in production of solar cells and solar panel TF scanner which will allow the company to maintain its competitiveness in the market. The company’s R&D efforts also resulted in the approval of 2 utility innovation patents of which the duration for both the utility innovation patents are valid up to 2031.

Established business relationship. The company has developed and established a long-term business relationship with some of its major customers namely Customer group A, Maxeon group, Hanwha Malaysia, and Inari Technology Sdn Bhd who have been dealing with the group for approximately 18 years, 9 years, 5 years, and 11 years respectively. The company also recently acquired new major customers such as Dominant Opto and Customer B which will broaden its customer base and increase its profitability going forward.

Experienced management team and solid track record. The company has accumulated a track record of approximately 20 years in the industry, serving a diverse group of customers which are in the optoelectronics, solar cells, discrete components, and IC sectors within the semiconductor industry.

Under the leadership of CEO Goon Koon Yin who is responsible for the Group’s corporate development and has more than 20 years of experience in the semiconductors, electronic manufacturing services and the robotic and solar industry, the company was able to achieve a 3-year revenue CAGR of 51.25% from FY19 to FY21 despite the COVID-19 pandemic in 2020.

Risk factors. (1) Skilled-labour shortages. (2) Dependency on certain major customers. (3) Material supply chain disruption.

Source: Mercury Securities Research - 9 Jan 2023

PIVB fair value 46sen from34 sen IPO price.

Two more days to be listed

good luck guys

A total of 21,796 applications for 2,109,562,900 TTVHB Shares with a value of
RM717.25 million were received from the Malaysian Public for 23,400,000 Public
Issue Shares that were made available for application by the Malaysian Public, which
represents an overall oversubscription rate of 89.15 times.

For the Bumiputera portion, a total of 11,224 applications for 774,546,200 TTVHB
Shares were received which represents an oversubscription rate of 65.20 times.
For the public portion, a total of 10,572 applications for 1,335,016,700 TTVHB Shares
were received which represents an oversubscription rate of 113.10 times


Attached File(s)
 TT_VISION_HOLDINGS_basis_Allotment.pdf ( 38.03k ) Number of downloads: 395

Wow.. very high demand.. too bad I didn't get lucky

When will we know if we are allotted the shares? On maybank it's still saying pending.

Wow 😳
That's super high oversubscribed rate you

Good luck 🤞

slim chance

if dpt maciam strike lottery

might shoot up like rocket yo

tomorrow after 7pm onwards

Thanks Can't wait to find out the result. "fingers crossed"

Let’s say whether day one got selling pressure

If not confirm will 🚀 up 👏

Wah slim chance to get this IPO...

Endless possibilities 😁

Only know would fly or not during listings 🙏