Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 IPO: MYETF Dow Jones U.S. Titans 50, First US Denominated ETF!

views
     
TSILoveLalat.net
post Jan 23 2018, 09:49 AM, updated 7y ago

Seasonal Trader
*******
Senior Member
2,906 posts

Joined: May 2015


New ETF listing coming soon! Will be priced at U$1.00 and NOT RM1.00.

Timetable for IPO
MYETF DOW JONES U.S. TITANS 50

Opening of application: 15 Jan 2018
Closing of application: 09 Feb 2018
Balloting of application: 13 Feb 2018
Allotment of IPO shares to successful applicants: 27 Feb 2018
Tentative listing date: 28 Feb 2018

Prospectus: http://disclosure.bursamalaysia.com/FileAc..._DS_ATTACHMENTS

Source: Bursa Malaysia

This post has been edited by ILoveLalat.net: Jan 23 2018, 09:50 AM
nexona88
post Jan 23 2018, 05:35 PM

The Royal Club Member
*********
All Stars
41,830 posts

Joined: Sep 2014
From: REality

Normally ETF not very famous in Bursa..

Anyone applied.. CONFIRMED allocated 🙏

Undersubscribed...
tehoice
post Jan 23 2018, 06:00 PM

Look at all my stars!!
*******
Senior Member
5,403 posts

Joined: Oct 2007


QUOTE(nexona88 @ Jan 23 2018, 05:35 PM)
Normally ETF not very famous in Bursa..

Anyone applied.. CONFIRMED allocated 🙏

Undersubscribed...
*
so how much you applying? hehe
nexona88
post Jan 23 2018, 06:02 PM

The Royal Club Member
*********
All Stars
41,830 posts

Joined: Sep 2014
From: REality

QUOTE(tehoice @ Jan 23 2018, 06:00 PM)
so how much you applying? hehe
*
Not my taste 😅
return78
post Jan 23 2018, 06:02 PM

Getting Started
**
Junior Member
132 posts

Joined: Nov 2006
Invest in US market?.... when they're on historical high.
tehoice
post Jan 23 2018, 06:07 PM

Look at all my stars!!
*******
Senior Member
5,403 posts

Joined: Oct 2007


QUOTE(nexona88 @ Jan 23 2018, 06:02 PM)
Not my taste 😅
*
normally what type is your sayur?

QUOTE(return78 @ Jan 23 2018, 06:02 PM)
Invest in US market?.... when they're on historical high.
*
buy high soar higher!

US market will rise!


nexona88
post Jan 23 2018, 06:41 PM

The Royal Club Member
*********
All Stars
41,830 posts

Joined: Sep 2014
From: REality

QUOTE(tehoice @ Jan 23 2018, 06:07 PM)
normally what type is your sayur?
*
Penny stocks 🙏
TSILoveLalat.net
post Jan 23 2018, 07:13 PM

Seasonal Trader
*******
Senior Member
2,906 posts

Joined: May 2015


QUOTE(nexona88 @ Jan 23 2018, 05:35 PM)
Normally ETF not very famous in Bursa..

Anyone applied.. CONFIRMED allocated 🙏

Undersubscribed...
*
I read somewhere in the prospectus that this time, retail investors can only apply on the same day (9 February), from 8am to 5pm.
nexona88
post Jan 23 2018, 07:17 PM

The Royal Club Member
*********
All Stars
41,830 posts

Joined: Sep 2014
From: REality

QUOTE(ILoveLalat.net @ Jan 23 2018, 07:13 PM)
I read somewhere in the prospectus that this time, retail investors can only apply on the same day (9 February), from 8am to 5pm.
*
Oh really..
That's new thingy done..

Normally they give some time..
Like stated above.... Not on the closing date..
TSILoveLalat.net
post Jan 23 2018, 07:57 PM

Seasonal Trader
*******
Senior Member
2,906 posts

Joined: May 2015


QUOTE(nexona88 @ Jan 23 2018, 07:17 PM)
Oh really..
That's new thingy done..

Normally they give some time..
Like stated above.... Not on the closing date..
*
From my point of view, I'd say it is better as it is high likely that there will be ads about this ETF and a one page prospectus highlighting about the sale of the ETF. So to have a public application on the new date, will mean that these people investing are serious about this.

Like any other ETFs, I will be skipping as I can choose to invest the US ETF market in a more broader manner like SPY, QQQ and IWM. But this ETF in Malaysia is also great in a sense that one can invest the US market without leaving Bursa Malaysia (overseas trading) or subjected to reduction in time value as the hot market maintains their momentum (S&P 500 structured warrants).
cherroy
post Jan 24 2018, 03:31 PM

20k VIP Club
Group Icon
Staff
25,759 posts

Joined: Jan 2003
From: Penang


The problem of ETP locally is liquidity.

Without liquidity, retail investors won't interested.

While fund managers unlikely to participate in ETF.
You put in one fund and expect fund manager to invest directly in the market on behalf, but then fund manager goes to market to buy another fund (ETF)? Sound odd.

No liquidity, little movement, it becomes no thrill already, and here people like "thrill" stocks, just like HY recently, got so many "fans" on stocks after the wild ride. laugh.gif

CounteReborn
post Jan 24 2018, 08:17 PM

Getting Started
**
Junior Member
205 posts

Joined: Nov 2012


Finally someone started this thread! True that ETF is not famous and widely known in Malaysia confused.gif , in fact the last ETF offer was 3 years back. Correct me if I'm wrong.

Sticking back to KLCI rclxms.gif
nexona88
post Jan 25 2018, 11:46 AM

The Royal Club Member
*********
All Stars
41,830 posts

Joined: Sep 2014
From: REality

And to add..

The previous ETF is trading below their IPO pricing 😕
effectz
post Feb 9 2018, 11:26 PM

Regular
******
Senior Member
1,024 posts

Joined: Oct 2006
QUOTE(nexona88 @ Jan 25 2018, 11:46 AM)
And to add..

The previous ETF is trading below their IPO pricing 😕
*
what is previous etf?
nexona88
post Feb 10 2018, 09:18 AM

The Royal Club Member
*********
All Stars
41,830 posts

Joined: Sep 2014
From: REality

QUOTE(effectz @ Feb 9 2018, 11:26 PM)
what is previous etf?
*
Last I remembered is the SEA Islamic Dividend one..
IPO pricing rm1, now trading around 80c
felixmask
post Feb 10 2018, 10:15 AM

Look at all my stars!!
*******
Senior Member
6,354 posts

Joined: Aug 2008
QUOTE(nexona88 @ Feb 10 2018, 09:18 AM)
Last I remembered is the SEA Islamic Dividend one..
IPO pricing rm1, now trading around 80c
*
No need invest UT..invest ETF better.

Problem not many hv CDS acc especially rural area..

The reason UT is jaguh kampung...collect uncle n aunty money..is easier selling..with mouth..

This post has been edited by felixmask: Feb 10 2018, 10:15 AM
nexona88
post Feb 10 2018, 12:04 PM

The Royal Club Member
*********
All Stars
41,830 posts

Joined: Sep 2014
From: REality

QUOTE(felixmask @ Feb 10 2018, 10:15 AM)
No need invest UT..invest ETF better.

Problem not many hv CDS acc especially rural area..

The reason UT is jaguh kampung...collect uncle n aunty money..is easier selling..with mouth..
*
One reason why Public Mutual is still going strong even with so so funds performance 🙏
TSILoveLalat.net
post Feb 10 2018, 01:49 PM

Seasonal Trader
*******
Senior Member
2,906 posts

Joined: May 2015


QUOTE(nexona88 @ Feb 10 2018, 12:04 PM)
One reason why Public Mutual is still going strong even with so so funds performance 🙏
*
Have some with them. One thing I dislike about UT is that, fund managers, regardless win or lose, they take a portion of your money (management fee). Some funds are subjected to performance fees which okay, fair enough if you really beat the bellweather index. Problem is what if you that particular year is loss or breakeven but still technically end the year at a loss as a result of UTs taking as management fee?
wotvr
post Feb 10 2018, 04:27 PM

Getting Started
**
Junior Member
177 posts

Joined: Jun 2012
Won't be a good buy for now but later on perhaps.
nexona88
post Feb 10 2018, 06:22 PM

The Royal Club Member
*********
All Stars
41,830 posts

Joined: Sep 2014
From: REality

QUOTE(ILoveLalat.net @ Feb 10 2018, 01:49 PM)
Have some with them. One thing I dislike about UT is that, fund managers, regardless win or lose, they take a portion of your money (management fee). Some funds are subjected to performance fees which okay, fair enough if you really beat the bellweather index. Problem is what if you that particular year is loss or breakeven but still technically end the year at a loss as a result of UTs taking as management fee?
*
Well they don't really care...
Fund performed or not.. Management fee must collect first.. Its their main thing.. Next is to sign up / take up the fund first....

That's why u see the PBB as whole don't make losses 😎

2 Pages  1 2 >Top
 

Change to:
| Lo-Fi Version
0.0159sec    0.27    5 queries    GZIP Disabled
Time is now: 29th March 2024 - 05:28 PM