Added to YB: 2026-07-24
Pitch date: 2026-07-22
JCBNEXT.KL [bullish]
JcbNext Berhad
Author Info
Company Info
JcbNext Berhad, an investment holding company, provides online advertising services in Malaysia. It operates through Investment Holding and Others segments.
Market Cap
MYR 228.6M
Pitch Price
N/A
Price Target
N/A
Dividend
4.14%
EV/EBITDA
4.47
P/E
5.58
EV/Sales
3.55
Sector
Interactive Media and Services
Category
value
Small, illiquid Malaysia position I like is JCBNext.
JCBNEXT.KL: Malaysian holdco at 0.45x NAV (all listed assets), 60% founder-owned, 0.75% expense ratio. Sold dominant job portal 2014, now Buffett-style value investor concentrated in China. 50% FCF payout, 4.24% growing div. Returned 7%/yr despite China derating. Fair value 0.6-0.7x book. Hedge China via short $ECNS. Tiny, illiquid position.
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