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 Stock Market V40, Do you believe in October Myth?

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viper88
post Sep 24 2009, 09:38 PM

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2,359 posts

Joined: Apr 2006


You guys buying? Push it higher by RM2++ on 1st day onwards.
I'll be getting some of Maxis pink form soon rclxm9.gif
Target sumwhere end of Oct.

Jangan jadi MSport sudahla.. rolleyes.gif


QUOTE(zamans98 @ Sep 24 2009, 07:57 PM)
On August 26, I put up my own estimate Maxis @ 5RM. icon_idea.gif
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viper88
post Sep 25 2009, 07:53 PM

Look at all my stars!!
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Senior Member
2,359 posts

Joined: Apr 2006


Not sure whether this info already updated here bfr by other Stock kakis, coz i seldom read this stock forum nowdays.

For Maxis potential shareholders.

================================================
Maxis Plans for 2.25 Billions Unit IPO Shares


Maxis Bhd plans to issue Initial Public Offering (IPO) of 2,250,000,000 ordinary shares of RM0.10.

Maxis had submitted the prospectus on 17 Septemeber, 2009 to the Securities Malaysia (SC). However, the prospectus have not been registered with the SC and is only open for public exposure for 15 working days, the last day for exposure is 12 October, 2009.

The 2,250,000,000 ordinary shares represents 30% Maxis of its existing share capital. Maxis will not issue new shares for the initial public offering.

The Offer Shares will be allocated in the following manner:


Categories
No. of Offer Shares
% of existing share capital

Retail Offering:

Eligible customers --> For those High Elite usage customers. laugh.gif
21,175,000
0.28%

Eligible dealers and distributors
6,120,000
0.08%

Eligible directors and employees --> Know any friends/relatives working with maxis, give them money to buy for u ler... tongue.gif
35,000,000
0.47%


Malaysia Public:

Bumiputera
75,000,000
1.00%

Non-Bumiputera
37,500,000
0.50%


174,795,000

Instituional Offering:

Bumiputera investors
862,500,000
11.50%

Other institutions
1,212,705,000
16.17%


2,075,205,000
27.67%


2,250,000,000
30.00%

This post has been edited by viper88: Sep 25 2009, 07:56 PM
viper88
post Sep 25 2009, 08:18 PM

Look at all my stars!!
*******
Senior Member
2,359 posts

Joined: Apr 2006


Yup..wat to do, we are living in Malasia.
If don't want to fight, faster join Maxis. Maxis employees will get the IPO. icon_idea.gif

QUOTE(simplesmile @ Sep 25 2009, 08:02 PM)
So... that's only about 375,000 lots for non-bumi? I feel like a 2nd class citizen in this country.
It's like... somebody throws food on the road, and all the strays have to fight each other for the food.
*
viper88
post Sep 25 2009, 08:37 PM

Look at all my stars!!
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Senior Member
2,359 posts

Joined: Apr 2006


Last time those who bought Maxis share when it was listed in July 2002, the share price shoot up 0.79 rclxms.gif

========================================================================================
July 9, 2002
Maxis closes first day with 79 sen premium at RM5.15

Maxis Communications Bhd made a satisfactory showing on its first day of listing on the KLSE with a 79 sen premium over its retail offering of RM4.36 when the counter closed at RM5.15 on July 8.

It was also 30 sen higher than the price offered to institutional investors. A total of 71.02 million shares were traded at prices ranging from RM4.86 to RM5.30.

The closing price was almost in line with market expectations of RM5.30 to RM5.50 but some dealers had expected a better showing from the telco. The counter opened at RM4.94 in the morning.

The shares failed to sustain at RM5.30 during the morning because of limited interest from foreign investors, a dealer said.

Many had expected a better showing from Maxis since the IPO had been "blamed" for putting the whole market on a standstill prior to today.

"We are expecting a higher closing, possibly at RM5.30, but obviously that didn't happen because of the weak market," said a stockbroker of a bank-backed local brokerage, pointing to the low volume and lower closing of the KLSE Composite Index.

Market observers said there were mixed response from foreign investors in the afternoon session.

"Foreigners' interest is limited and their activities suggest that they do not view the price will climb any higher," said an institutional dealer with a local brokerage.

He said most local institutional players were disappointed with the performance of the counter, as they had bought the shares in the morning in anticipation of a build up in foreign interest in the afternoon when the European bourses opened for trading.

Observers said it was important for Maxis share price to maintain this level to ensure confidence in the market after the disappointing performance of Time dotCom Bhd's IPO, which affected the KLSE.

"From now on, everyone will be watching the counter especially after setting itself as a high growth company," a stockbroker said. Maxis has forecast a growth rate of over 20 per cent in its prospectus.


===============================================================================================
June 18, 2002
Maxis shares for public oversubscribed 1.79 times

Maxis Communications Bhd's offer for sale of 25.4 million shares to the Malaysian public has been over-subscribed by 1.79 times.

A total of 37,029 applications were received for the Malaysian public portion, Malaysian Issuing House Sdn Bhd said at Maxis shares balloting on June 17.

Of the total, the public category accounted for 28,331 applications for 56.085 million shares while Bumiputeras submitted 8,698 applications for 14.685 million shares.

MIH also said a total of 36.61 million shares were received in the category reserved for Maxis and Usaha Tegas Sdn Bhd's eligible directors and employees as well as Maxis One Club members, pioneer subscribers, dealers and distributors.

In view of the over-subscription rate for shares under the Malaysian public category, a total of 37.97 million unallocated shares in other categories were made available to the Malaysian public.

The overall subscription for the retail offering of 95.11 million shares is 0.13 times.

Maxis' final retail price is RM4.36 per share while for institutional investors it is RM4.85 apiece.


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