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 IPO: Minox International Group Berhad

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dz91
post Oct 9 2023, 03:35 PM

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QUOTE(ronnie @ Oct 9 2023, 03:32 PM)
2X i'll be happy on Opening Price on 17-Oct
*
Praying hard bro .....
Will donate abit from the earning to the charity smile.gif

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post Oct 10 2023, 06:22 AM

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QUOTE(pileepalah @ Oct 6 2023, 04:43 PM)
another volcano in the making
*
blink.gif...Jolly party $$$$$ biggrin.gif
hmmm....88 SEN whistling.gif ?...no longer Mekdi / Kepci ? blink.gif

BTW Batu Cave Boy ?.... thumbsup.gif

This post has been edited by IPO ADDICT: Oct 10 2023, 02:19 PM
ronnie
post Oct 10 2023, 04:38 PM

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user posted image
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post Oct 10 2023, 04:52 PM

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hmmm....in JOLLY mode ... blink.gif whistling.gif
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post Oct 11 2023, 06:51 AM

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blink.gif

Minox Releases 1H Financials As It Prepares For Listing On 17 October


Listing bound, Minox International Group Berhad released its financial results for the first half, recording a revenue of RM26.1 million with a gross profit of RM14 million, a remarkable close to 53% profit margin for 1H.

The bulk of sales in fact 92.7% was derived from customers in the food and beverage industry with the balance from the pharmaceutical and semiconductor sectors. Domestic sales contributed 26.2% while export sales constituted 73.8% of turnover with Indonesia being the largest contributor at 41.1%, followed by Singapore (20.8%), Thailand (7.5%), and others.

blink.gif rclxm9.gif

This post has been edited by IPO ADDICT: Oct 11 2023, 06:58 AM
ronnie
post Oct 11 2023, 07:40 AM

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QUOTE(IPO ADDICT @ Oct 11 2023, 06:51 AM)
blink.gif

Minox Releases 1H Financials As It Prepares For Listing On 17 October
Listing bound, Minox International Group Berhad released its financial results for the first half, recording a revenue of RM26.1 million with a gross profit of RM14 million, a remarkable close to 53% profit margin for 1H.

The bulk of sales in fact 92.7% was derived from customers in the food and beverage industry with the balance from the pharmaceutical and semiconductor sectors. Domestic sales contributed 26.2% while export sales constituted 73.8% of turnover with Indonesia being the largest contributor at 41.1%, followed by Singapore (20.8%), Thailand (7.5%), and others.

blink.gif  rclxm9.gif
*
definitely hoot upwards on 17/10....
privatequity
post Oct 11 2023, 10:50 AM

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QUOTE(IPO ADDICT @ Oct 11 2023, 06:51 AM)
blink.gif

Minox Releases 1H Financials As It Prepares For Listing On 17 October
Listing bound, Minox International Group Berhad released its financial results for the first half, recording a revenue of RM26.1 million with a gross profit of RM14 million, a remarkable close to 53% profit margin for 1H.

The bulk of sales in fact 92.7% was derived from customers in the food and beverage industry with the balance from the pharmaceutical and semiconductor sectors. Domestic sales contributed 26.2% while export sales constituted 73.8% of turnover with Indonesia being the largest contributor at 41.1%, followed by Singapore (20.8%), Thailand (7.5%), and others.

blink.gif  rclxm9.gif
*
Very very impressive result.

latest quarterly profit after tax 3.3m.
estimated annual profit = 3.3m x 4 = 13.2m profit after tax (assume no growth)

Market cap at IPO at 90m. PE = 90m/13.2m = PER 6.8x (average peers PER 20x+)

No-brainer BUY. Find one stock with F&B/semiconductor exposure, and PAT margin above 20%, ROE above 20%, which traded below PER 20x. Hardly come across.

Opening up 200% no brainer?
earshore
post Oct 13 2023, 10:23 PM

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did not get. would be nice to get some.
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post Oct 14 2023, 05:45 AM

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QUOTE(earshore @ Oct 13 2023, 10:23 PM)
did not get. would be nice to get some.
*
blink.gif ....Be an EARLY BIRD - grab @ wallap at opening 9:00 AM

Potential spicy-hot -tender-juicy - WORMS waiting $$$$$ whistling.gif thumbsup.gif

Note - almost 150 X over subscribed blink.gif
with very little supply of shares -
easy to cornered by Hungry syndicates
unlike SSF Flooding - over supply - Drowning sweat.gif IPO

This post has been edited by IPO ADDICT: Oct 14 2023, 05:59 AM
ronnie
post Oct 16 2023, 07:52 AM

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Allocated IPO shares ready to trade tomorrow !!! Huat 2X !
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post Oct 16 2023, 05:11 PM

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D DAY TOMOROW.....
almost 150 X OVERSUBSCRIBED by hungry IPO ADDICTS storming this MINOX

Expecting opening 60 sen....to hit 88 sen..... blink.gif thumbsup.gif

This post has been edited by IPO ADDICT: Oct 16 2023, 05:31 PM
earshore
post Oct 16 2023, 10:09 PM

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can't wait to see what happens tomorrow
8_valensi_8
post Oct 17 2023, 04:39 AM

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goodluck
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post Oct 17 2023, 07:50 AM

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whistling.gif blink.gif
limit rclxm9.gif up. RM 1.25 ...??

This post has been edited by IPO ADDICT: Oct 17 2023, 08:11 AM
rappid
post Oct 17 2023, 08:31 AM

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TO rm 0.355 not bad
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post Oct 17 2023, 08:43 AM

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Potential 60 sen - RM 1.00.... thumbsup.gif whistling.gif

This post has been edited by IPO ADDICT: Oct 17 2023, 08:43 AM
tomjason
post Oct 17 2023, 08:43 AM

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at 8:43 am TO price is RM0.36 sen...hope to shoot like emcc price

This post has been edited by tomjason: Oct 17 2023, 08:44 AM
state of abyssmal
post Oct 17 2023, 08:44 AM

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maybe can go 40sen opening
ronnie
post Oct 17 2023, 08:46 AM

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we want 50 sen 2X huat ah !!!
tomjason
post Oct 17 2023, 08:50 AM

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at 8:50, T Price is going down to 31 sen..huuuuu

This post has been edited by tomjason: Oct 17 2023, 08:50 AM

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