HARTANAH KENYALANG BERHAD
Hartanah Kenyalang Berhad is an investment holding company. Its subsidiary, Hartanah Construction, specializes in building construction services for institutional and non-residential buildings, as well as infrastructure construction services focusing on bridges and roads.

Listing Price :0.16
Closing Date :27 May 2025
Listing Date :09 Jun 2025
PE Ratio :10.81

This post has been edited by tnang: May 6 2025, 09:25 AM

Sarawak theme ..99.8% Gov Projects

#tayor

rich sarawak .....election next few months only .....

This post has been edited by IPO ADDICT: May 16 2025, 07:15 AM

Very silent only...

Got any TP / FV available 🤔🧐

Confirm big win

MA63
- PETROS sudah menang vs PETRONAS
- weak federal gov
- more budget for Sarawak
- more education budget for schools infra

#tayor

"We assign a fair value of RM0.22 per share for HKB, representing a 37.5% upside from its IPO price of RM0.16. This valuation is based on a P/E ratio of 11.5x, pegged to the mid-FY26F EPS of 1.91 sen. We believe the ascribed P/E is justified, given the average P/E and forward P/E among its peers range between 11.5x and 12.7x. Despite its stronger ROE of 40.0% compared to its peers' average of 7.9%, the P/E ratio is tilted to the lower-end due to its relatively smaller market cap and lower net profit margin."

- MPLUS

#tayor

Thinking to enter, any comment sifu?

MUST ALL OUT BOMBARD-ING this IPO

Sarawak election is comingg soon

some bet this IPO will be " 2025 IPO CHAMPION "

those missed the ECO SHOP angpows ..
>>....must take revenge on this Sarawak IPO

This post has been edited by IPO ADDICT: May 25 2025, 11:19 AM

JACKPOT COMINGGG

This post has been edited by IPO ADDICT: May 26 2025, 04:39 PM

POTENTIAL IPO due to Sarawak state Election soon

This post has been edited by IPO ADDICT: May 27 2025, 06:36 AM

Maybe will buy after listing.

after listing ?.... 20 sen +....hmmm....may even 30 sen

This post has been edited by IPO ADDICT: May 27 2025, 09:56 AM

What's the running numbers now???

Status: Successful
Transaction Date: 27 May 2025 11:44:09
Share Issue No : H0670
Issuing House : MIH
Share Name : HARTANAH KENYALANG BERHAD
Unit Price : RM0.16
IPO Reference Number : 0001174

let's go go go

Hmmm...

Around 1k+++

Even if Iadd another 2k from others banks...

Still low numbers ooh 🤔🧐

Ref no 1211 @1235hrs

Note SARAWAK ELECTION THEME/PLAY
16 SEN oso scared.....

With ROARING Sarawak PETROS , Affin bank , Air line...construction Kenyalang as more election projects in store

huryyy upppp.....time is running out



This post has been edited by IPO ADDICT: May 27 2025, 12:48 PM

If Listing 14-15 cent. I grab 😀

Today eco shop only rm1.15, no sharp rocket or fly during listing.
Market still no good.

This post has been edited by tomjason: May 27 2025, 04:13 PM

Market sentiment is not very strong...

Eco shop IPO created temporary hype...

Now already tamper off....