Nice...nice...I'll consider joining in too.

They could pump up the stock to as high as 0.35. This stock is just like another ordinary IPO.

Still waiting for SURE ANGPOW'S TP review.

This post has been edited by ILoveLalat.net: Nov 1 2015, 08:44 AM

Goner already... But you said the exact same thing with Al-Salam, sure or not?

I did go through the prospectus. It's okay to me. It might fail if they price it too high. Looking back at XOX, its listing price was 0.80. For an ACE listing, it should not be that high for it to be very unjustifiable. As you said, we will see, but it's 15 sen bargain is just too difficult to resist.

Ouch! This is bad IPO? Another failure coming soon?

Still deciding, looks like this time it is a huge temptation compared to the other IPOs.

20% is okay for me...

But you only pay brokerage when you exit the stock.

Real jokes aside, dumb question. Since I am using Maybank, what is my CDS account number? Is it the trading account number?

This post has been edited by ILoveLalat.net: Nov 6 2015, 07:49 AM

First time apply IPO. So I am not really that sure on the procedures. Later my capital gone like the wind.

This post has been edited by ILoveLalat.net: Nov 6 2015, 10:04 AM

I have played for years but at the same time after all these years, this my first time going into the IPO foray. I also tried to bid Aemulus but I tried like an hour after the closing of the application.

His definition of a good IPO is having a rise of more than 50%...

20% is more than good enough.

Any other warrants and shares of penny stocks to recommend?

10-20% as mentioned is still not that bad...

Most of the time, everyone gets fair share. If I'm right, IPOs like Petronas Chemical and Felda Global, there is a higher chance of securing it if you are a Bumi versus a non-bumi. In this IPO, it is fair share.

Well based on the Net Asset Value (NAV) post RCPS conversion that I have seen is RM0.14. But what I still find it puzzling is that, some ACE Market IPOs tend to close higher, of course provided the NAV is not significantly lower than the initial listing price.

I have never read the dilution section of the IPO, however assuming no one goreng on the day itself, it could close somewhere between 13 to 16 sen on the first day. Still have until Thursday for one to decide.

This post has been edited by ILoveLalat.net: Nov 9 2015, 10:55 AM

But yesterday, you failed to mention Bumi Armada and "it's sons".

I could have made an abundance of wealth in my book had the Internet not failed me over this morning....

Moving forward, as I was mentioning before, it is high likely for the IPO to open higher in the morning but come afternoon, it may close barely higher or lower at the close.

Correction, the NA value is actually higher than IPO price, and that is 18 sen but factoring the conversion of RCPS, it would be 14 sen and that would be a 6.67% discount from the IPO price.

I'm still waiting for you to U-turn on the decision and change your mind just like the time at Al-Salam...

And........

Application for IPO closed.

Here we go again. I'm right the whole time!

This post has been edited by ILoveLalat.net: Nov 12 2015, 05:30 PM