heard BFM this morning @ 1 ringgau

yala...i heard BFM also the same...they didnt say RM1 is the par value...i oso wondered why so cheap...when can we know the exact value? MITI cant help?

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 R2. 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.

based on my experience of trading stocks for over 6 years, SC dont really care bout us peanuts investors
i wonder if its open at a big premium, and we got thechance to get it at lower price than most people plus the rights to brag.
my friend is a ranhill staff got pink form, he subscribe 10k , and also invite me, luckily i declined.

i think only top management knows bout this, i dont think normal staffs will know bout this beforehand.

Old news for ironic read purpose
http://www.theedgemalaysia.com/business-ne...as-gas-job.html

i think the quote is uncalled for... insensitive to those who got this shares.

i am with u. its not easy to create a catchy quote like this in the first place.

Ranhill assured investors that all the monies were being held held by the placement agents, Maybank Investment Bank Bhd and CIMB Investment Bank Bhd, as well as Malaysian Issuing House Sdn. Bhd.

"In any event, the allotment of the IPO shares to successful applicants as well as the listing of Ranhill has been deferred to a later date. Further details will be announced and necessary disclosures will be made in due course," it said.
> until later date but unknown. but money stuck inside if like that.

The full amount will be refunded to investors not later than 7 August 2013