My opinion

Since Maxis is important KLCI component stock, fund manager will eager to include in their portfolio, many of institution investor did not get the portion they want during IPO. Therefore demand will be high.

Most of the IPO portion allocated to Cornerstone investor not allow to sold in 6 months. The free float available in the market at the moment may be around 500 - 600 million. So, supply is not much.

When demand exceed supply, price will only go 1 way, up. My prediction is maxis can reach 5.80 tomorrow.