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 Maxis - Set For Listing Again, Maxis set for US$2b listing

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DanielW
post Oct 7 2009, 09:37 PM

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QUOTE(Neo18 @ Oct 7 2009, 07:43 PM)
I just got a call from my broker. Public Bank Share Financing department.

They say got promotion to buy MAXIS IPO share.
They are offering the following to me:-

IPO price RM5.50
they are willing to give me 80% financing
meaning, i come out 1.10 + 4.4 (financing) = RM5.5
however, they will charge me BLR + 1.5% = 7.05% per annum (base on BLR of 5.55%)

what do u guys think? i'm still analysing this issue.
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What if after IPO, the share price drop and go side ways? You have to consider this possible scenario as well..
DanielW
post Oct 12 2009, 09:27 PM

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QUOTE(kychen @ Oct 12 2009, 09:16 PM)
so.. for Maxis is it still worth to be go in... all news coming out seems to be putting down the image for this IPO...  hmm.gif  hmm.gif
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Better wait and see. Buying IPO shares doesn't guarantee you a handsome profit. wink.gif
DanielW
post Oct 27 2009, 11:00 AM

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QUOTE(lukeraj @ Oct 26 2009, 04:51 PM)
Hei s guys ned your advise Maxis shares have been suggested at RM5.50 but i think will be at 5.30,
my concern i got a offer to buy or subscribe 50k but the bank is charging 1.5% anywhere else cheaper admin fees
please advise


Added on October 26, 2009, 4:56 pm50k allocated but whats the admin charges guys i got 1.5% cimb had it for 1% but all sold


Added on October 26, 2009, 5:03 pmand so much of hype and this is mother of all listing in malayisia with such amount what r the chances for it to appriciate guys u dont want to get ass burn lol
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My advice is..better stay on the sideline, wait and see..don't gamble with your money.. wink.gif

This post has been edited by DanielW: Oct 27 2009, 11:01 AM
DanielW
post Oct 28 2009, 02:34 PM

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QUOTE(Malefic @ Oct 28 2009, 09:16 AM)
I'm seriously thinking of skipping this IPO .... coz I doubt Buffett and Graham would have subscribed to it   laugh.gif

IMHO, RM5.20 (I know it's tentative) is too expensive, especially since Maxis is in a very competative industry and has been slowly losing market share.

Anyway, will wait for research houses' reports before deciding.
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I agree with you that Maxis is in a very competitive industry. Ever since Mobile Number Portability was introduced, there are people who switched from Maxis to other Telco services. I was one of those fellas tongue.gif

This post has been edited by DanielW: Oct 28 2009, 02:35 PM
DanielW
post Nov 2 2009, 09:51 AM

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Personally I don't think Maxis broadband will give much growth to its earnings because of stiff competition. In fact, lots of people complained about Maxis broadband too expensive and they have hidden charges which they didn't explain to their potential customers..and many of my friends already unsubscribed from Maxis broadband..talking about losing customers..haha

And I don't think East Malaysia will give much growth to Maxis too..only developed places like Kuching, Miri and Kota Kinabalu will have lots of internet users and we have to remember that Digi and Celcom has a strong presence there.
DanielW
post Nov 10 2009, 04:09 PM

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QUOTE(StupidGuyPlayComp @ Nov 10 2009, 11:50 AM)
Strongly not recommend you buy on listing day if you not familiar about share.........
Buy on IPO listing day is high in risk.
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I agree with you..I see how many newbies or inexperience investors here hoping to buy Maxis IPO without knowing the Fair Value of Maxis Malaysia..

 

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