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TShtt
post Dec 10 2012, 10:59 PM

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ELK-DESA RESOURCES BERHAD Balloting Odd
http://announcements.bursamalaysia.com/EDM...S%20RELEASE.pdf
TShtt
post Jan 11 2013, 09:32 AM

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CHINA AUTOMOBILE PARTS HOLDINGS LIMITED IPO
http://www.bursamalaysia.com/market/listed...cements/1171925
TShtt
post Jan 22 2013, 07:00 PM

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China Automobile Parts Holdings Limited IPO Ballot Result
http://announcements.bursamalaysia.com/EDM...S%20RELEASE.pdf
TShtt
post Jan 23 2013, 10:56 AM

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TUNE INS HOLDINGS BERHAD
http://www.bursamalaysia.com/market/listed...cements/1182009
Much awaiting now... but dunno how it price...
TShtt
post Jan 23 2013, 02:27 PM

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QUOTE(hyzam1212 @ Jan 23 2013, 01:49 PM)
Most probably tune ins after GE la rite? So htt, whats ur opinion on oversubscribing of China Auto?

Wow already in M2Ula, rm1.55 a piece for tunes...expected to be listed b4 GE?
*
Not sure, only Jib-gor know when is the GE. CAP I skipped, kind of skeptical towards the business, they are not big and doesn't seems to be associated to powerful partner, so I just skip for safety reason. tongue.gif

RM1.55 is the max for retail investors, the price have to be depending on the appetite of institutions, RM1.55 is kind of rich valuation to be, the PE should be around 30~50 and they didn't put some any exciting new business in the prospectus, keep saying they are depending on AA and so on (if like that, then I go buy AA better, since they are depend on AA anyway). AA should expect some windfall from the floatation (another AA Thai, last time AA Thai float they also book in the diff), they just exercise their call option at RM0.13. Coupling with the uncertainty associate with GE and CDS leak etc, I most likely skip this one, my reasons (or excuse, whatever you want to call it tongue.gif )
1. Rich valuation, immediate dilute 74% assuming the price at RM1.55, NAV only around 40c.
2. High PE, doesn't seems to be growing fast.
3. Business depends on AA, AA grow, they grow; AA masuk longkang, they... hmm.gif
4. And most important is the GE factor might increase the difficulty to jack up the price at open, unless the final price is low, but I am not going to take at chance...

Good luck all...
TShtt
post Jan 23 2013, 07:42 PM

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QUOTE(davinz18 @ Jan 23 2013, 03:21 PM)
You got some interesting point there.  Need to do some research & deep thinking before investing this ipo.
*
I just quickly browse through only, I can be wrong... notworthy.gif
TShtt
post Feb 6 2013, 08:56 AM

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TUNE INS HOLDINGS BERHAD IPO price fixed at RM1.35
http://www.bursamalaysia.com/market/listed...cements/1192797
TShtt
post Feb 7 2013, 03:23 PM

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TUNE INS HOLDINGS BERHAD IPO Ballot Ratio
http://announcements.bursamalaysia.com/mwg...s?id=nFowx0BhAr

TShtt
post Mar 22 2013, 09:08 AM

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CLIQ ENERGY BERHAD IPO
http://www.bursamalaysia.com/market/listed...cements/1234769
TShtt
post Apr 3 2013, 09:54 PM

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CLIQ ENERGY BERHAD IPO Result
http://announcements.bursamalaysia.com/EDM...S%20RELEASE.pdf

all 100%...
TShtt
post Apr 4 2013, 01:37 PM

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QUOTE(nspk @ Apr 3 2013, 10:24 PM)
wow... 1st time i saw all 100% subscribed.  shocking.gif
*
Might not be a bad thing, just a bit too high risk for timid ppl like me... blush.gif
TShtt
post May 8 2013, 10:26 AM

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MATRIX CONCEPTS HOLDINGS BERHAD IPO
http://www.bursamalaysia.com/market/listed...cements/1280121

TShtt
post May 17 2013, 07:03 PM

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MATRIX CONCEPTS HOLDINGS BERHAD INITIAL PUBLIC OFFERING Odd
http://announcements.bursamalaysia.com/EDM...S%20RELEASE.pdf
TShtt
post Jun 3 2013, 10:46 PM

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LEON FUAT BERHAD PUBLIC ISSUE Ballot Result
http://announcements.bursamalaysia.com/EDM...S%20RELEASE.pdf

TShtt
post Jun 11 2013, 09:00 PM

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QUOTE(kailc @ Jun 10 2013, 03:58 PM)
INITIAL PUBLIC OFFERING ("IPO" OR "OFFERING") OF UP TO 790,123,500 ORDINARY SHARES OF RM0.15 EACH IN AIRASIA X BERHAD ("AIRASIA X") ("IPO SHARES") IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ORDINARY SHARES OF RM0.15 EACH IN AIRASIA X ("SHARES") ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING AN OFFER FOR SALE OF UP TO 197,530,900 EXISTING SHARES ("OFFER SHARES") AND A PUBLIC ISSUE OF 592,592,600 NEW SHARES ("ISSUE SHARES") COMPRISING:

(I) INSTITUTIONAL OFFERING OF UP TO 538,011,800 SHARES COMPRISING:

- UP TO 197,530,900 OFFER SHARES AND 79,740,200 ISSUE SHARES TO MALAYSIAN INSTITUTIONAL AND SELECTED INVESTORS,AND FOREIGN INSTITUTIONAL AND SELECTED INVESTORS AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING ("INSTITUTIONAL PRICE"); AND

- 260,740,700 ISSUE SHARES TO BUMIPUTERA INSTITUTIONAL AND SELECTED INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT THE INSTITUTIONAL PRICE,

(II) RETAIL OFFERING OF 252,111,700 SHARES COMPRISING:

- 52,111,700 ISSUE SHARES MADE AVAILA BLE TO THE ELIGIBLE PERSONS (AS DEFINED HEREIN);

- 50,000,000 ISSUE SHARES MADE AVAILABLE TO THE ELIGIBLE PASSENGERS (AS DEFINED HEREIN); AND

- 150,000,000 ISSUE SHARES MADE AVAILABLE TO THE MALAYSIAN PUBLIC,

AT THE RETAIL PRICE OF RM1.45 PER SHARE ("RETAIL PRICE") , PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO REFUND OF THE DIFFERENCE, IN THE EVENT THAT THE FINAL RETAIL PRICE (AS DEFINED HEREIN) IS LESS THAN THE RETAIL PRICE, THE FINAL RETAIL PRICE WILL EQUAL THE INSTITUTIONAL PRICE, SUBJECT THAT IT WILL NOT EXCEED THE RETAIL PRICE.

THE INSTITUTIONAL OFFERING AND THE RETAIL OFFERING ARE SUBJECT TO THE CLAWBACK AND REALLOCATION PROVISIONS AND THE OVER-ALLOTMENT OPTION (AS DEFINED HEREIN).
*
http://www.bursamalaysia.com/market/listed...cements/1316677
Link
TShtt
post Jun 24 2013, 09:01 PM

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Air Asia X result, 100%?

http://announcements.bursamalaysia.com/EDM...S%20RELEASE.pdf
TShtt
post Jul 6 2013, 06:41 PM

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SONA PETROLEUM BERHAD IPO
http://www.bursamalaysia.com/market/listed...cements/1342553
Another SPAC
TShtt
post Jul 19 2013, 02:55 PM

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Nowadays SPAC also oversubscribe by much...
http://announcements.bursamalaysia.com/EDM...S%20RELEASE.pdf
TShtt
post Aug 19 2013, 10:55 AM

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SOLID AUTOMOTIVE BERHAD IPO
http://www.bursamalaysia.com/market/listed...cements/1378957
TShtt
post Aug 19 2013, 01:54 PM

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QUOTE(wil-i-am @ Aug 19 2013, 11:19 AM)
Bro, could you furnish the key features for dis IPO
*
This is a China-man style of company, with conservative management and gearing, the margin seems to be healthy and there is no big concern on the day-to-day business, except the exposure to Middle East. They has some customers in Middle East (luckily wholesalers) in Egypt, Yemen, Syria that might have some problems, but that part of business seems progressing well (probably their customers have limited choice, also seems like their biggest customer there is Saudis). The margin has been maintain well over the years and local business seems stable, providing cushion to the bottom line, they has their own brand (Hansa? I remember seeing that somewhere). I think they do not have manufacturing capability, from the balance sheet, the tax rate seems to confirm that. Basically they rely on third party to provide manufacturing service. The next move of the company seems to be expending into regional and international distribution business, which they seems to be growing, there was no mention on local expansion and proceed from IPO is use to provide storage and repackage location (for local and international business, I guess).

PE at around 10, gearing healthy, business stable, offering not be big, should have some meat for the opening, but not too attractive to me, I might or might not apply, as I will not be around when the IPO close, and this is not a must-apply counter for me, recently also busy like hell, no time to read and watch too much... blush.gif

I am not in the business of car workshop, anyone can provide more info, e.g. their reputation? They says their customers like that... brows.gif

My 2 cents. notworthy.gif

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