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Next Ipo that you can't miss? Kucingko Bhd Target Price: RM0.585 with 95% Upside – Malacca Securities
The fair value of KB is ascribed at RM0.585, derived by pegging a forward P/E of 21.0x to the FY25 EPS of 2.79 sen. Given the current share price of RM0.30, this represents a capital upside of 95.0% and a total return of 97.9% including the dividend return.
