From the Star today...........“Undoubtedly, JCY is a great company operating in a steady growing industry (but) in terms of valuation of the IPO, we do not think there is much premium left for potential subscribers in the near term,” said OSK Investment Bank in an IPO note.

wow meaning almost all also get....i dun really know how to read the table....

I tak kena.... not sure whether its a good thing or not.

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Added on February 18, 2010, 4:45 pmLast year, 10 out of 14 IPO closed higher in the first day. 4 were in negative.

http://www.bursamalaysia.com/website/bm/ma...ds/ip040110.pdf

Todate, only 5 still above its IPO price.

http://www.bursamalaysia.com/website/bm/ma...ds/ip170210.pdf

This post has been edited by vergas: Feb 18 2010, 04:45 PM

So fast? My still pending...

I check at Maybank2u. Maybe your's in waiting list.

2 accounts still pending... makan duit saya?

Btw, today Homeritz open quite nicely... congrats for those applied...

This post has been edited by htt: Feb 19 2010, 10:22 AM

WHAT IS THE NEXT IPO AFTER JCY?

JCY's debut on the market today is a grim reminder of changing times. As the companies going listing tried to extract maximum price for their IPO, there is really not left for the IPO applicants.
The time will come when nobody will be applying for IPOs n then losers will be the companies n investment banks.

This moment of truth has probably arrived... for those applying for IPOs, be selective.....

My friend got his fingers burned ..... 100 x 1000 shares of JCY allotted during IPO.

Really no face given to JCY and its investment banker CIMB....

Anyway why restaurants like Oversea pun mau listing kah...

I think there is some over allotment for price stabilizing, maybe that might help him a bit.

ur account still pending?
mine still pending..

Got liao, but I rather hope I not strike that

I think I will call MIDF on monday...

MIH, ask them for refund, if they alloted you share, rugi immediately...

MIDF, the one I said I mistakenly apply for homeritz shares.
Either I call MIDF or maybank for this.

That one also under water... better get money back

Most IPO 'underwater' nowadays.

No point applying until market sentiment has really changed. (my view only)

IPO no longer like last time out aka those being alloted like hit 4D.

Need to change mindset, applying IPO is not a "fast gain money route", instead only apply if really interested and view the company has good prospect.

This post has been edited by cherroy: Feb 27 2010, 03:14 PM

Going to stay for a while until get clearer picture...

So what you guys think of Oversea Enterprise Berhad?....can goreng on first day of listing ka?