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In this Q3, Oasis Home brought in RM13.0 million in revenue, with direct-to-consumer (D2C) sales making up a strong 96.5% of that. The company also posted a net profit of RM2.5 million, giving it an impressive 19.0% net margin—quite an achievement in the tough digital retail market. Could this IPO take off next Wednesday?
Target price given by the institution:
- Mercury: RM0.330 (+18%)
- Mplus: RM0.420 (+50%)
- PublicInvest: RM0.360 (+29%)
- Rakuten: RM0.320 (+14%)
- TA: RM0.290 (+5%)
Hopefully OHM will hit one of them