woah, got stabilizing mechanism implemented on leong hup
Leong Hup International Berhad (6633), Main Market
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 May 6 2019, 10:56 PM
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#1
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Senior Member
1,198 posts Joined: Apr 2015 
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May 7 2019, 12:31 AM
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#2
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1,198 posts Joined: Apr 2015
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QUOTE(nikewee @ May 6 2019, 11:50 PM) apa tu? mind explain? noob here<--- P license haha..btw goodman nexona (or girl) mayb we just sarcastic    What is the mechanism about ? Here is an explanation. https://www.thestar.com.my/business/busines...ager-in-an-ipo/ |
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May 16 2019, 01:11 AM
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#3
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1,198 posts Joined: Apr 2015
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Lets see how the market maker perform tomorrow
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May 16 2019, 08:56 AM
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#4
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Senior Member
1,198 posts Joined: Apr 2015
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1.12 opening
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May 16 2019, 12:19 PM
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#5
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1,198 posts Joined: Apr 2015
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i guess only a, dont conclude. maybe is the stabilising agent throwing supply all the while in the morning, let retail buy, later they buy back at a cheaper price. their goal is to stabilise the price not to push up the price, somemore u think those cornerstone investor all get 1.10 ? haha. They usually get at a discounted price. maybe they are already 20% up
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May 16 2019, 01:41 PM
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#6
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1,198 posts Joined: Apr 2015
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QUOTE(preducer @ May 16 2019, 12:24 PM) all I can say is fund managers need to pay 1.10 + 6% SST so no such thing as getting it at discounted price Im not quite sure about leong hup as i m not interested in but sometimes there are pre-IPO where they allow institutional investors to subscribe at a cheaper price to attract them |
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