wait for TP

Bole beli dh kt Maybank2u..
Jgan lupa share running number..

most of the tiers are very similar.... use other to know or check isaham/ipo

Too early to share. Latest I think less than 50

non current liabilities: 437k
current liabilities: 2.5m
equity: 21m?
pro forma means? projected future earnings / equities? it is their sheet is saying 62m for pro forma 3. not sure what it means

Too much existing players??

1) too competitive local and overseas maker
2) no enough order to sustain current production scale --> Cut man power & reduce prod line to survive.

What I know

Those mainland Chinese based have the volume & better competitive market strength to compete with in Malaysia...

We sure hard to fight one...

In matter of fact, those factory which is losing competency also from China. Not to mentioned from the West or Jpn which they aldy moved their plant to Viet or India long tima ago.
Sunpower In Melaka almost in closing down condition.
Malaysia's vendor most is handle for Solar facilities installation and technical services provider.

their solar projects contributes about 20% of their revenue only, > 50% is their building management system solution



This post has been edited by Maniee27: Aug 29 2024, 09:31 AM

heard on BFM this morning that with the public listing, they would like to expand their meeting room to fit more employees. what??!!

so many solar players
our market so big meh
total population is 34 millions
China is 1.2 billion tat why china solar is doing very well
unless our solar system is very cheap abuthen how to compete

Lolz...
Like seriously
Expend meeting room?? 🤣😜

How to trust if like this huh...

https://www.thestar.com.my/business/busines...m45mil-from-ipo

"We are going to expand our workstations to accommodate our current and future staff and we will also increase the size of our meeting room to accommodate up to 15-20 people. Currently, our meeting room has a capacity of only 12 people,” he said at a press conference after the launch of the company’s prospectus here today.

LOL

But if you just want to hit and run, sell on the first day, does it matter?

What a joke

Chill brother, i realise a lot of ppl dont even read lol.

Only 4% of the IPO proceeds go to headquarters expansion.

If you read their prospectus, the expansion includes Reception, Showroom. Storage room, New meeting room. Estimated 18 workstations for finance, sales, procurement, administrative and human resources departments. Command and control centre, Estimated 26 share workstations for the project department and technical and servicing department.

Its generally office expansion to fit more employees and expansion of workstations. A bigger meeting room is just small part of it, not ALL IPO PROCEEDS fund the bigger meeting room brother.

Also think this way, previously Company only has small meeting room not fancy one, meaning, the management is GOOD at managing cost n cost saving. Not simply spend. Hence profit margin very very strong at above 20%.

a PLUS point

i hope ppl dont apply here. so I higher chance to get hahaha...realise ppl dont read...


all please dont apply, not a good IPO, let me apply alone enough haha

Cannot expand the meeting room to cater more employees, and so the rest of the people are suppose to stand or sit on the floor through out the meeting?
Not every local company can accept using online meeting at the workplace in Malaysia.