IPO
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 Aug 19 2009, 01:04 PM, updated 11y ago
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#1
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Senior Member
4,305 posts Joined: Sep 2008  
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Halex IPO
6m share for public, 50% for bumi. 10m share for approved bumi placement. RM0.78/ share. Close at 3rd Sept List at 16th Sept. Manufacturing & Distributing Agro-chemical & Disposable personal hygiene products. Stable company. But 1H'09 result not so good (due to crisis etc :-p). NAV around RM0.92 after dilution. New Plant opening soon. Debt at manageable level. Growth? Any taker? |
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Aug 19 2009, 01:39 PM
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#2
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4,305 posts Joined: Sep 2008
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QUOTE(skylands @ Aug 19 2009, 01:18 PM) i thought not easy to apply ? i mean after apply ,not easy to kena 1 .. Not that hard anyway... Link... http://announcements.bursamalaysia.com/EDM...C8?OpenDocument |
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Aug 19 2009, 07:37 PM
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#3
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4,305 posts Joined: Sep 2008
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QUOTE(cherroy @ Aug 19 2009, 02:53 PM) Actuallly it is quite risky when market sentiment is bad time. Just wonder why we get such a wide window to list IPO; in Singapore, today ballot tomorrow can list liao; in Malaysia it takes more than 1 week, durian can turn to lemon in a week time See today, MSport goes reverse gear, one will be glad never get the IPO. IPO game no longer is a must gain game.  Thinking of applying this, based on the fundamental data, the valuation seems ok to me and the business actually interesting for me... |
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Aug 19 2009, 08:30 PM
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#4
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4,305 posts Joined: Sep 2008
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QUOTE(panasonic88 @ Aug 19 2009, 08:07 PM) bad time to list Haha... that one I gave a miss real life example - today's china IPO - MSPORTS (5150) Opening: 0.850 Highest : 0.890 Lowest : 0.765 Closing : 0.765 falling 10% on its first day. |
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Aug 19 2009, 09:52 PM
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#5
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4,305 posts Joined: Sep 2008
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QUOTE(panasonic88 @ Aug 19 2009, 09:15 PM) i heard that even those China IPOs listed in Singapore doesn't get a decent responses either. Think that's the reason why they go Malaysia to list |
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Aug 19 2009, 10:07 PM
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#6
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4,305 posts Joined: Sep 2008
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QUOTE(panasonic88 @ Aug 19 2009, 09:56 PM) aiyorr then so sorry for them. they chosen the wrong place as well Haha... but still they got valuation higher than in Singapore... maybe for these few only... |
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Aug 20 2009, 08:23 AM
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#7
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Senior Member
4,305 posts Joined: Sep 2008
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Aug 20 2009, 12:19 PM
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#8
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4,305 posts Joined: Sep 2008
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QUOTE(panasonic88 @ Aug 20 2009, 09:01 AM) are you keen in this one as well? I 50:50 on this, last minute chicken, because nowadays market like heading towards correction... |
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Aug 21 2009, 08:30 AM
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#9
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4,305 posts Joined: Sep 2008
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QUOTE(vergas @ Aug 21 2009, 08:14 AM) I see. Yes the company seems conservative, agricultural based, or more like agrotech kind of not really the current in thing, then again, we always need agriculture. Actually I just wonder how is their growth prospect, they did indicate the opening of new plant as well as building of new plant from IPO proceeds, but the time line is lacking...One thing that I do not like is that the offer for sale is too big in proportion to the public issue, give indication on promoters want to cash out more than company want to expand. I think only one director selling big chunk of his holding, the rest actually selling little only... Also their export business, nowadays if we continue to be confine in our Bolehland, growth is limited, but I yet to read more about their export business (I haven't finish reading the prospectus yet), still have a lot of time... haha... |
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Aug 25 2009, 01:24 PM
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#10
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4,305 posts Joined: Sep 2008
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QUOTE(indefinitor @ Aug 25 2009, 12:58 PM) Hi Vergas, u mean if i have a CDS account. I can subscribe for the IPO via Maybank2u straight away? What are the other processes that i need to know? cheers. Yes if you have a direct CDS account, go to the investment page and follow step by step... |
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Sep 9 2009, 08:42 AM
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#11
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Senior Member
4,305 posts Joined: Sep 2008
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Halex
10m share for bumiputera investor approved by MITI no taker? http://announcements.bursamalaysia.com/EDM...ressRelease.pdf |
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Sep 16 2009, 08:42 AM
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#12
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4,305 posts Joined: Sep 2008
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QUOTE(Beanbagspecialist @ Sep 16 2009, 01:34 AM) sorry bro i am abit noob here. Has the stock been listed?I tried search for halex in bursa malaysia website but i cant find the code name.Can anyone help me please. Not yet. |
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Sep 16 2009, 11:49 AM
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#13
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4,305 posts Joined: Sep 2008
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QUOTE(verbatim @ Sep 16 2009, 10:49 AM) listed today already... now trading at 96 cents... premium of 18 cents compared to offer price... Weird... my trading portal never show any IPO counter when they list...Anyway, nvm, congrats for those who got that... This post has been edited by htt: Oct 5 2009, 01:24 PM |
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Oct 5 2009, 01:23 PM
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#14
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Senior Member
4,305 posts Joined: Sep 2008
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Appetizer before Maxis?
http://announcements.bursamalaysia.com/EDM...7B?OpenDocument Stable Chinese man company it seems to be... |
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Oct 6 2009, 08:35 AM
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#15
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4,305 posts Joined: Sep 2008
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QUOTE(PikachuPikachu @ Oct 6 2009, 02:55 AM) yeah MBL.. how do u see this IPO? KLSE website, under IPO. |
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Oct 6 2009, 05:01 PM
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#16
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4,305 posts Joined: Sep 2008
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QUOTE(PikachuPikachu @ Oct 6 2009, 04:18 PM) sorry.. misleading u.. i mean any potential for this IPO? they gaining profit every year.. Think I will subscribe small small.Reason: 1. Small float, easy to goreng. 2. Balance sheet healthy. 3. Business outlook stable. 4. Valuation fair. |
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Oct 6 2009, 05:15 PM
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#17
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4,305 posts Joined: Sep 2008
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QUOTE(panasonic88 @ Oct 6 2009, 05:11 PM) htt you are IPO king huh I also wish like that, but no leh, kena 0000 this year, think better go pray harder... so far hit any IPO in 2009? |
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Oct 6 2009, 11:32 PM
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#18
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4,305 posts Joined: Sep 2008
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QUOTE(yeeeeko @ Oct 6 2009, 09:47 PM) nowadays, how to apply for ipo? God, you must be around 40s at least still remember last time, need to buy newspaper and then send application form and bank in money. long time never do it already. now can do it online. Last time i applied for any ipo was for astro.  |
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Oct 7 2009, 04:57 PM
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#19
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4,305 posts Joined: Sep 2008
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Something to take note.
For FPE 30 June 09, some negative goodwill was included into the PBT and PAT. Excluding that, both PBT & PAT should be at the region of 2+ sens. |
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Oct 10 2009, 10:00 AM
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#20
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4,305 posts Joined: Sep 2008
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QUOTE(vergas @ Oct 9 2009, 04:53 PM) Maybank2u the easiest for me. That's half year figure.Added on October 9, 2009, 5:05 pm Really bad isn't it? Taking 2.3 sen EPS and 65sen IPO price the PE is 28 times!! Maybe I need to skip this one as well... And judge from the FS, the second half of the FY seems perform better than the first. So my personal estimation PE around 9~10. |
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