buy call for ARMADA.. go..go..go..

seriusly, that wat i remembered.. duh. sorri miss.
PM details, we can work something out for the sake of GAS Malaysia.

as long as it doesn't involve "physical" work okay lah....kekeke

I thought you need to get the successful letter from Miti first then apply for loan using that.

You got 1 milli in your account? Nice.

MMC Corp Bhd group managing director, Datuk Hasni Harun said Gas Malaysia could have a market value of about RM5 billion.

Very attractive.

This post has been edited by ipoking: Sep 14 2011, 09:17 PM

Yes, the MITI appliaction is due on 27th, I need to submit on 23rd.

Nice one we got here, then GO for it lah. All the best guys.

we can make loan to put to buy ipo?

Why not? Go to ur nearest Maybank for inquiry

Yes you can. But many people do this sell their shares on the very first day the company was listed, in the hope the share price will soar on the listing day. It's risky, you'll lose if the price never go up as expected and if you wait to for the price to appreciate you'll incur more interest charges. Better buy with your own money.

i'll stick to my principles, never borrow money to put into invesmtnet ie shares/stock

Yes you can if you are a gambler and no you shouldn't if you are an investor.

When is the listing?

can someone pls enlighten me on how to join private placement?

Anybody got any samples for the cover letter to MITI please?

So who has applied for this so far? Anyone else interested to go for pvt placement or MITI?

and any idea when will it open/close for public?

Also want to apply but skeptical with the market is currently in downtrend. Any comment?

MITI allocation stands a better chance of allocation. Public allocation only 2%. Don't apply more than 2m shares or it'll get thrown out. MITI application closes on 27th Sept, public application usually opens 2 weeks after MITI closes.

Pros:
1. Defensive stock as utilities are generally stable.
2. Cash rich company as seen in management's guideline to declare 100% of PAT as dividend for 1st year, and 70% for subsequent years.
3. One of the better IPOs for this year - those who missed MSM and Armada will come in strong for this.

Cons:
1. Jittery market.
2. RM2.20 is way overpriced, 26x PE due to falling margins.
3. All offer shares, which means the current shareholders wants to cash out, and prolly will take as much profit as they can get.
4. Prepare for trading buy, as many would let go on first trading day.

Conclusion: I'd still go for it.
PM me if interested, I can arrange for application and financing.

I'm applying for 1 million units...hope to get as much as possible...semua boleh kowtim!

if overprice, why still wan to in?