This's a condo REIT company?

By the way, where's my See Hoy Chan REIT IPO?

1.50-1.60 I see.

Quite high for a REIT IPO. Sentiment must also be factored in as ALSREIT that time, the market slowly recovered from the 2015 lows.

This post has been edited by ILoveLalat.net: Nov 14 2016, 01:27 PM

It's officially out!

Opening of application 30 Dec 2016
Closing of application 16 Jan 2017
Balloting of application 18 Jan 2017
Allotment of IPO shares to successful applicants 03 Feb 2017
Tentative listing date 06 Feb 2017

Good news for those planning to bid for this IPO, I may skip this after taking due consideration so there's less competition as I'm planning for Serba instead. My personal TP is below RM1.

Except what is terrible is that it is unlikely to be undersubscribed...

Do you think it's because it is too early? Closing of application is on the 16th and so far, I have searched all over and have yet to find one...

Usually if it goes up too high, they would sell off the REIT due to low yield rate. But steadily and eventually it will go back up to its peak levels again.

It's also not that. Pavilion Reit on first listing only has their mall and the office building as their initial portfolio which of evident that if you do visit Pavilion, the tenants have a long waiting list when renting out the shops, proving that the safety net when securing another tenant is easy because one goes in, another goes out.

KIP Reit however, has more properties on their initial portfolio compared to Pavilion. Reits perform differently as well due to their properties (i.e. retail, hotel, office etc.). While diversifying more properties is good for the market, but always remember that having the same characteristics can differ due to the market segment of that area.

What we can see on listing day is that while my TP plus, minus 5% from IPO price, with the pool of public shares to be listed, surely this stock can go up on listing day. Correct me if some parts are wrong.

Sorry for the very long delay, here is TA's TP for this IPO

TP: 1.09

Link: http://eas.taonline.com.my/eas/dailybrief/...sh_complete.pdf

Okay then, if M2U permits, I'll bid lucky on this one. Wish everyone all the best of luck on this IPO and here's hoping everyone will get a slice of it!

14 minutes to close, if anyone wants to bid a slice, there is no time left!

Have yet to check... Results out?

All Bumi IPO holders get a slice of the shares, can review the ballotting table to find out how much one is allotted.

For the public balloting, all the best to you and hopefully all can enjoy gains.

But even if one is allotted, let's hold off any parties until then.

Under 1 share per unit

Why? Suddenly your expectations lowered? And on what basis do you think that this IPO is worth this much?

Typical of him, what's new?

Yup, even if can get peanuts, if it nevertheless, better than get nothing.

Wait, can bid as Bumi even though you are not Bumi?

REITs really have low volatility. But the 2007/08 subprime crisis in the US has also proven that REITs can encounter abnormal movement and moves with a huge swing. So far, our REIT market has been relatively stable and can be second to unit trust.

I cannot say much on this counter, though it might go under at some point but it will bode well in the long run if all goes well. Short term, likely to go up.

Yup. Quite some ways to go.