RM100 per unit. sounds like quite hard to digest

What would anyone buy at 102?

At 100, the yield until mature is 4.58% (without taking into of broker commission yet).
Somemore at 1.02, yield become only 4.49% (not yet taking into account of commission + 2 cents loss until maturity).

IF sold at 102 + 0.5% brokerage+stamp duty .. yield to maturity = 4.35%

Initial Public Offering
http://www.bursamalaysia.com/market/listed...cements/1473545

That's why I say maybe........very low chance of such happening...but if people want to goring the counter, then anything goes.

Wah goreng bonds.. which shark so stupid to goreng RM 100/unit bonds... This I want to see...

This post has been edited by gark: Nov 27 2013, 03:18 PM

Don't look at the price per unit as it makes no sense since U R comparing different things. U can't complain why a BMW cost RM300,000 while a kancil cost just RM30,000...BMW cos so much cos it cost much much more to make a BWM vs a kancil. Similarly a RM1 per unit stock is is not 100 times cheaper vs a RM100 per unit bond.
A sundry shop can sell a pack of say ikan bilis for RM20...but if U buy a pack of ikan bilis from a whole seller it might cost RM180...but U must know the sundry shop pack is just 500gm pack while the whole seller pack is 10 times bigger at 5kg. So U can't complain to the whole seller - why U sell so expensive ?

haha you obviously dont know the goreng methods.. its all about volume..

anyway be interesting to see someone try..

Wah, shark goreng a bond?

A water fish shark?

Exactly... No shark in the right mind will goreng a bond..

Sold 1st Danainfra sukuk close to 102.00
Who say can't make $ from sukuk?

Generally, it can trade above its face value, when the payment of interest is near time.
Aka buyer can instant get the interest payment once bought, while seller doesn't.

Danainfra 2nd
98.02/99.00 now
Last done 98.95
Down 1.05

98.04/98.50 now
Last done 98.04
Down 1.96

wow i am surprised that it is down by RM 1.5.. i though 4.58% yield is fair.. apparently not...

Extremely thin volume on opening.. not a good sign only 1560 units traded..

This post has been edited by gark: Nov 28 2013, 11:04 AM

Dun understand Y Ppl sell below face value now

At price of 98.50

Yield to maturity = 4.72%

The cost to apply during IPO is 100.00
D understand y applicant sell now n register losses

felixmask You sold your sukuk already?

This post has been edited by gark: Nov 28 2013, 02:37 PM

not yet....still in ICE room..like leaking ICE CREAM