Hi All,

Petronas chemical will launch the biggest IPO in Malaysia.
Is it worth to buy?
Please share your opinion..

yaya i also wan2 know...seems a bit over rated and exp

When will they open?
I think all this GLC IPO you don't have to think much...
It is just a matter of small or big profit.

long term or short term is suitable ??

check with other chemical companies share.

read that it is 5.20 ipo price? when list and where to get form leh?

ya. A bit pricy.

Sorry I couldn't understand if anyone say expensive .
Compared to what?
EPS, Potential profit, or volume traded.
In our market we can buy as low as 100 shares. Even at 5.20 that will only cast Rm520.
so where is the expensive issues.
Brgds

who the hell buy shares in 100 units ?? lol.. kinda hard to profit that way.. no feel lol

+1

but not everyone has modal but they may show interest in investments. Its always encouraged to start small than never at all

Guys, do some arithmetic!!

brokeage + stamp duty+ clearing fee.... abv these than u'll profit....lol

yup. 10 x 10 on heavy players will be worth more than those charges in middle to long term.

short term, ur just making the banks more money

mmhe is a subsidiary of MISC,

does anyone know Petronas chemical is a subsidiary of who?

emmm....PETRONAS?? Also, MISC is also a subsidary of PETRONAS.....they own everything.

All those are price (RM) dependence
means they r all calculated on the RM value. not in terms of numbers of shares
which means if you buy
100 shares of RM5.20
or 1000 shares of RM 0.52
or 4000 share of RM0.13
you will still have to pay the same.
If it is alright to buy 4K of RM 0.13 than it is also alright to buy 100 of RM5.20
If it is not alright than all are not.
So there no such thing as expensive but
more on the fund that you have or willing to commit .

rosdi i think you are getting the wrong idea..
1 lot = 100 unit.
RM5.20 per unit
if u buy 1 lot = u pay RM520
u buy 10 lot.. u pay 5200
if buy 4000 share = 40 lot means u have to pay RM20800

no?

heh...my term "rich ppl got rich ppl play, poor ppl oso got poor ppl play...oso can make $$"

Petchem IPO will launch soon. im kind of interested to buy it as well.

is it worth to buy?

From the speculation, the price may open from RM 5.05 for retail investor and RM 5.20 for institution.

If we look at MMHE (subsidary of MISC which actually under our oil and gas company), their IPO was oversubscribed.

but, for chemical industry like Petchem.. Im not sure how is it. Anybody can share your opinion?

Close your eyes and buy with all your excess money and just hope you will be lucky enough to get some.
your worst case you loss 0% and if you are lucky you can make 20%,... not bad yooo
BRGDS

when are we expecting the prospectus?