Oversubscription small only. Aiyaaa....
Could be good because more chances to be alloted. But also could be a bad thing. People could be not interested. i.e, less demand. That means......

They discounted the price, but only 10 cent? Meaning, PER FYE2011 still 16x something. Aiyaaaaa ...

Source

This post has been edited by Student11: Jun 15 2012, 08:36 PM

Do you hope to be alloted? or otherwise?

6.75X??? Isn't it far from expectation as it is a mega IPO and a gov-backed company. Shouldn't it suppose to be 30x something like its child MSM. I think this discouraging figure was due to negative sentiment circulating around. Hopefully that does not extend to the listing day.

FV or TP found so far:

JF Appex 540
Affin 550
TA 550
ECM 565
Maybank 600

Average: 561 (26% upside)


If that so, hope to strike some.

mb2u.... "Auto Reversed" or "Auto Reserved" hahahaaha..... still pending ...

mb2u still pending....

Lets do some mock-up prediction.... (I am not suggesting anything)... just joking around here....

The following parameters are assumed:

1. Current EPS: RM 0.30 with PE 16x of IPO price RM4.45
2. The business growth in average around 15% p.a (in terms of EPS growth).
3. The stock trades with PE 20x when the price reaches RM15


Based on these assumptions:

EPS when reaching assumption (3) = (15/20) = RM 0.75
Growth from now = ( (0.75/0.30) - 1 ) x 100% = 150%.
Number of years = 150/15 = 10.

That means, it's still (mathematically) possible to reach RM15, but you need to hold it 1 decade.
In reality? This is most likely impossible. Why?

1). You dump it at the 1st day of trading..... hahahaha...
2). Doing business is affected by too many uncountable unseen factors.

If not mistaken, the shares are deposited to your CDS account the day before listing.

Checking with mb2u only to check whether your IPO application is successful l or not. Then, if successful, the day before listing check your trading account with HLeBroking to confirm your shares are already deposited.

This post has been edited by Student11: Jun 18 2012, 10:31 AM

Aiyaaaa ini harimau kasi wa pening ..... Still pending......
Hopefully next is auto reserved rather than "Auto reversed"

Keep in mind that, the "days" should refer to as "trading or business" days.

Quote of the day

pending........pending..........pending.......

mb2u .... from pending to waiting ...... unsuccessful 10%

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Added on June 18, 2012, 8:04 pmOversubscription 45X from instituitional

I thought last time it was only 15X or 30X something.

This post has been edited by Student11: Jun 18 2012, 08:46 PM

Is "oversubscription" based on the number shares or the number of application?
Hopefully someone can clarify me on this.

This post has been edited by Student11: Jun 18 2012, 08:42 PM

y not 8.88 hehehe. lagi manyak onggg ........

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Added on June 20, 2012, 6:32 pmFVs:

JF Appex 540
Affin 550
TA 550
ECM 565
Maybank 600

Average: 561 (26% upside)

This post has been edited by Student11: Jun 20 2012, 06:32 PM

FV update:

MIDF 530

Average: 5.56 (25% upside)

Mind to elaborate?

This post has been edited by Student11: Jun 21 2012, 09:35 AM

Does private placement through investment bank fall into "institutional investors" category?. Like application through MITI?

If so, more chances to be allotted compared to application through consumer bank (as it falls into "retailers" category).
As for FGVH IPO, if not mistaken, 50% was alloted for "instituitional". Only 5% for retailers, inclusive for Bumi and Non-Bumis, as well as, the settlers.

But either way, it still most likely depends on luck due to balloting.

Correct me if this is wrong.

Have been posted several times before.
Re-post here.

FVs.

JF Appex 540
Affin 550
TA 550
ECM 565
Maybank 600
MIDF 530

Average: 5.56 (25% upside)

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Added on June 23, 2012, 3:10 pmIs this the one they call private placement? Never gone through this. Can share the process?

This post has been edited by Student11: Jun 23 2012, 03:11 PM

I have heard that long time ago people have gone through this method to apply IPOs. But didn't know it is still applicable. So, you sent your application directly to the Issuing House or through Investment Bank?

Me got some ...
Thinking to buy some more at opening .... but not sure yet ...
Never bought any shares during listing ...
Would you mind sharing how to identify bullish sentiment just looking at the queue?

This post has been edited by Student11: Jun 25 2012, 12:34 PM