oh....ranhill....gonna study first but looks like ....n.
IPO: Ranhill Power & Ranhill Utilities, Maybe both under single IPO, maybe split
IPO: Ranhill Power & Ranhill Utilities, Maybe both under single IPO, maybe split
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Feb 14 2013, 08:43 PM
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#1
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Senior Member
1,770 posts Joined: Dec 2010 From: ~Where White Knights in Shining Armour Unite~ |
oh....ranhill....gonna study first but looks like ....n.
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Jul 3 2013, 04:40 PM
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#2
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1,770 posts Joined: Dec 2010 From: ~Where White Knights in Shining Armour Unite~ |
This IPO is just used to redeem back it's bonds. not good...
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Jul 4 2013, 11:32 AM
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#3
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1,770 posts Joined: Dec 2010 From: ~Where White Knights in Shining Armour Unite~ |
QUOTE(hyzam1212 @ Jul 4 2013, 10:20 AM) Im not sure if the company is trying to scare us or they are just frankly honest...Check the detail of the risks in the prospectus This was what I mentioned earlier hyzam. less than 10% used for expansion of business and the rest is like paying debts, however Malaysia GLC stocks like this always turn the tables around. Last time nearly kaput then now this.Snippets...roughly about 10% of the proceeds is allocated for the expansion of water business in China, others are for resettlement |
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Jul 5 2013, 11:09 PM
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#4
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1,770 posts Joined: Dec 2010 From: ~Where White Knights in Shining Armour Unite~ |
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 |
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Jul 9 2013, 12:35 PM
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#5
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1,770 posts Joined: Dec 2010 From: ~Where White Knights in Shining Armour Unite~ |
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