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

Logical thinking boss...

No wonder they fast2 do IPO first...

Later effects on ridership numbers 😋

i think no, RTS function to ease the traffic, people still prefer to take bus due to its cheaper fare, also this company already dominate public transport in SG <---->JB market, roughly 65% revenue come from here, company aslo slowly phase out ICE bus, buying mini ev bus, fast and easy to maintanance for long run, main target is rolling inside taman peoples to Woodlands.

once listed, you never know this taikun will acquire prasarana bus division in next few years..

This post has been edited by wong_86: Mar 17 2025, 02:34 PM

in the prospectus they projected 40% increase in ridership for year 2025

but for how long??

huatt chaiiii

Thanks to power of 3x $$$ 😌

wat is the running number oreli...i think should be 7000 gua

FV
RHB MYR1.40 (+15%)
M+ FV RM1.57 (+28.7%)
TA FV RM1.51 (+23.8%)

The Malaysia-Singapore Causeway, a 1km-long motorway crossing, sees an average of 350,000 travelers and 100,000 vehicles daily, making it one of the world's busiest border crossings.

On December 20, 2024, a record number of more than 562,000 travellers crossed the Singapore-Malaysia land border at both checkpoints.
Over 521,000 travellers crossed on Jan 24, 2025.
More than 543,000 travellers crossed the Singapore-Malaysia land border on Sep 6, 2024.

13 Feb 2024 — 192.8 million travellers cleared Singapore's checkpoints in 2023, an increase of more than 80% compared to 2022.
Link: https://www.ica.gov.sg/docs/default-source/...vrsn=4a6d74aa_6

There was a significant increase in traveller volume in 2024. ICA cleared almost 230.4 million travellers last year, an increase of nearly 20% or about 38 million more travellers compared to 2023
Link: https://www.ica.gov.sg/docs/default-source/...red%20to%202023.

MALAYSIA: Malaysia is advancing its public transport infrastructure with two major rail projects: the Penang Light Rail Transit (LRT) and the Johor Bahru-Singapore Rapid Transit System (RTS) Link. These initiatives aim to reduce congestion in two of Malaysia’s busiest urban centres.

However, according to Channel News Asia (CNA), for these systems to truly succeed, they must be integrated with an efficient and expansive bus network to provide seamless first- and last-mile connectivity.

Link: https://theindependent.sg/malaysias-penang-...y-hold-the-key/

EV buses = Fuel saving = ESG = Reason for more contracts to come.

Johor theme still going.
ESG theme still going.

Reminded me of past main market IPOs that fly to the roof.

Small share. 2% for public, 9.5% for MITI. Total share 500m.

#tayor

A total of 4,010 applications for 75,739,100 Issue Shares with a value of RM92,401,702 were received from the
Malaysian public, resulting in an overall oversubscription rate of 6.57 times. Specifically, a total of 1,519 applications
for 20,136,700 Issue Shares were received for the Bumiputera portion, representing an oversubscription rate of 3.03
times. Meanwhile, a total of 2,491 applications for 55,602,400 Issue shares were received for the other Malaysian
public portion, representing an oversubscription rate of 10.12 times.

looks like MITI portion is Undersubscribed, So the balance reallocated to Retail Bumi

This post has been edited by theevilman1909: Mar 22 2025, 02:28 PM

Not surprising Bumi one lower demands...

Raya just around the corner... Need to allocate $$$ there....

Recently all the IPO allocation per application quite high, if you get it, it's either go big or go home

either eat Buddha jump over the wall
or sendiri jump into the wall

Because of tourist from singapore???


May I know which page show this?

Do you mean that after the RTS is completed, Causeway Link will have less business?

Lianson Fleet Group Bhd (LFG) good?



YINSON
7293
YINSON HOLDINGS BERHAD



5335
HI MOBILITY BERHAD




Lianson Fleet Group Berhad
5255


Yinson boss now have 3 public listed companies


https://www.bursamalaysia.com/market_inform...?ann_id=3521276


66 percent

This post has been edited by plouffle0789: Mar 24 2025, 11:39 PM

Good luck for tomorrow...

Any potential to fly high!

somehow would impacted.

how much percentage & shares losses not sure...

They should improve their bus express business...

Jb to KL
Jb to Penang
Jb to Genting

Jb to Perak

Jb to Kedah

Jb to thailand

So what you trying to actually say??

Boss goreng kaki??? Manipulate the shares price upon listings day??

Just sharing


He is very clever....

2 different aspects of business.....

Ooh...

Yup. Diversified portfolio 👍

BOSS >> Seasoned GOLENG KAKI.. ..

RM 1.60 - RM 2

those IPO scared liao will be BANGINGG head on the Computer screen

This post has been edited by IPO ADDICT: Mar 27 2025, 08:31 PM

Can"not" trust ahhh 😜

IPO nowadays all underperform one....

goodluck everyone.
may this ipo greencolor

May not happened

so far TO 1.22

not bad on opening. greencolor

thanks to this EXPRESS BUS Company IPO

shame to others BIG NAME IPO >> especially LSH / P GLOBAL

This post has been edited by IPO ADDICT: Mar 28 2025, 09:29 AM

5.6k profit .. syukur

Congratulations 🎉👏

Enjoy your Raya Holidays 💵👍

COMINGGGGGGGGG......$$$$$

This post has been edited by IPO ADDICT: Mar 28 2025, 04:43 PM

It’s actually similar business = transportation

Fuel cost sensitive business.

Yinson sub involved in ev vehicles and ev chargers.

Complement with his other businesses.

He is clever indeed.

#tayor

huatt chaiii

RM 1.60 ?...

IPO: RM1.22

Today Closing: RM1.34

Not bad... Not Bad 🙏

https://www.bursamalaysia.com/market_inform...?ann_id=3566019


So fast



1 sen dividend.....