HI Mobility is primarily involved in the provision of bus transportation services, with an established track record of 23 years in providing accessibility and mobility to communities in the mass transit sector in cross-border and local bus services. The company has an extensive bus fleet of 683 buses servicing 124 routes across its addressable markets including Johor, Melaka, the Klang Valley, and Singapore.

Listing Price : RM1.22
Closing Date : 19 March 2025
Listing Date : 28 March 2025


https://cdn1.i3investor.com/my/files/dfgs88...4-374162485.pdf

This post has been edited by wong_86: Mar 8 2025, 10:24 AM

any FV for this?

Same boss with yinson group. Boleh goreng?????

Wait for some FV

Yinson doing well ke recently? their share price over last 6 months seems lke went down by around 20%?

I guess there's a bit of push for public transport nowadays, and seems like from prospectus they are using most of the proceeds (75%+) on buying more buses, EV charging infra (EV seems like a hot topic nowadays) + hardware upgrades and AI. remaining 22% on working capital.

The 1.22 pricing tho is quite high. Not confident it can do well with the current climate even if the IPO money is used on good things

RM1.22 at current market. I think will not be popular.

Price seems on high side...

Doubtful can get high oversubscribed rate...

RM1.22??

No Thanks..
Skipped

This post has been edited by IPO ADDICT: Mar 16 2025, 09:18 AM


Attached thumbnail(s)

SOLID FV RM 1.51 for this EXPRESS BUS CO ....

a KOOL 24 % from TA

good, more chance for the others.

Walao...

Seriously rm1.51 FV for this IPO...

Not bad Not Bad 🙏

the cash cow is in the Singapore-JB commuter bus.

SGD3 per pax each bus squeeze 70 sardines inside for 5minutes trip

It's good business there???

Always full all day or just during morning & evening rush hours??

When high-speed railway up, then this company gone cases

300k crossing the checkpoint daily. let say 33% take bus, 33% motorbike, 33% car.

thats 100K ridership. lets say 30% of the people take their bus as there are other operator. thats 30K ridership daily

thats why they fast fast ipo to cash out first before the rail operation

used to be seasoned golengg kaki

This post has been edited by IPO ADDICT: Mar 17 2025, 02:06 PM

Not bad 🙏

After RTS completed then sure ridership numbers dropped??

BE RATIONAL