We won't know for sure...

hi guys, noon in share but interested to know more / play with it
i had applied and gotten my cds acc from mbb and when i clicked at the eshare / ipo application, i saw there are 2 lists here ...
ranhill and sona pet. hmm was it there because i accidentally clicked on it ? or it is added automatically by MBB to it's user ?

Randill's ipo starts at rm 1.85 so if i am about to buy and keep it, end of next year, they will declare dividen to their ipo's holder ?

Thanks for the advise

My remisier advised me not to apply for this as the last time a lot of people burned their hands when Ranhill delisted (ran off with their money at a low price).

And now if I look at their comments, most of it goes to debt repayment. This is just my opinion. No pun intended

I may apply with very small amount.

ranhill and sona...

all of us know which to choose......dont we....

I dunno which to choose wor... can you "enlighten" us all ?

I also want to know. Looks like we have expert here.

choose both lo

"secret"

hooray, lesser competitors, better my chance getting the slots. i can HIT and RUN with this for fast gain.

I will split my funds on both !

Subscription rate is so good. Dont expect price reduction... Those pessimist pls stay away.

not sure the prospect and performance of this stock later ....

If u have some funds and talk about not putting eggs in the same basket, what's your most likely preferred allocation for ranhill vs sona? 60:40? Or the other way around? Or play safe as in 50-50? It may be unrelated stocks/sector but any kind advice?

Hmmm, among the three IPOs that have come up in the news recently, my bid for 1000 AirAsia X shares was successful and just made an attempt on Sona Petroleum for the same amount... My broker is still studying the Ranhill Power prospectus and will only be able to provide his advise to clients tomorrow...

What do you guys think? Is it good to go for Ranhill?

This post has been edited by THTgadgets.com: Jul 8 2013, 04:50 PM

Hahaha, same here... That's why ALL of my IPO purchases are fixed at 1000 shares, nothing more and nothing less!

Hmmm, reading that article posted by davinz18 made me decide to jump into the water and bid for 1000 shares of Ranhill Power... This is because my family broker, Hwang Investment Management, is a cornerstone investor (generating good returns on most of the investments we were recommended to make) and if HwangIM are willing to place a chunk of $$$ into Ranhill's IPO, they must surely see something good about this company that we may not have noticed...

When is the IPO debuting, btw (may have missed out this news earlier)?

This post has been edited by THTgadgets.com: Jul 8 2013, 05:10 PM

You answered my question... Thank you!

mr.gadget - there is no point to study the IPO.
its a game, buy and dump. why need to study?

for IPO, its pointless to buy 1000 shares, the transaction fees will eat into your profit.

1000 x 1.85 =1850+2(?) 1852

assume it hit 1.95, sell pay RM12 min plus other charges, say in total RM16. Sell 1950-16, profit RM82. Quick and profit but it could be better. I understood not everyone have a lot of cash to enter the IPO.

The point is INVESTORS need to reap the profit.

Very true bro.... But be positive and give him moral support laa, now he started with 1000 shares maybe next time will be 100K.. Who knows.