So, who in?

Waiting for result, maybe next monday will know.. but i think chances quite slim..

What slim.... all will get all 🤔

Mr Talk Cock, this TP RM8.88 ?? and this Mr DIY boss a goreng kaki also ?

not suprise open at ipo price, after that ......

if you don't know their background will likely maul by syndicate without realizing it.

based on balloting results.. most of those who applied, for sure will get this IPO...

Congratz!!

Nobody apply this IPO? OMG almost 100% chance get.

good luck buddy! sure dapat

https://www.tiih.com.my/content/press_relea...isAllotment.pdf

That 1 person who applied 25 mil shares , i think he will lose abit of sleep till listing date

Due diligence told me to avoid this, looking at the ballot results, I'm glad I did. But who knows, I may be wrong, shall get my popcorn ready on listing date

Maybe the amount is like small change for him

sure angpow or sure tapau, we shall see.

maybe! i am excited for listing date!

Price definitely rise.

After southern cable today ipo, i quite disappointed on the price..so i didnt have high hope for DIY just dont fall below ipo then im glad already😭

yeah my friend working inside also ask me to avoid but i already applied before asking him so..

applied 50 lots. Really ? why ?

Just calculate market cap/outlets number
also walk in s few shops to see the business then you will have ideas

This ipo is as bad as a scam. They borrowed alot of money before listing and pay out a huge sum of dividends to themselves. You are practically paying off their loan for no reason.

Bought Brunei business for RM 90 million (according to sharetisfy.com, they studied the prospectus) , a very small market with very poor prospects. They only have 4 stores in Brunei, digest this.

New shares worth nothing issued directly to individual founders before listing. And these shares will be worth RM 1.60 each on the market. Each of them receive like 1.5% to 1.6% of the enlarged market cap. (if i didnt read the prospectus wrongly)

That was the first round. Second round is after listing. A few of their major shareholders do not have a moratorium imposed on them. Including hypis, creador. PE 30 attempting to justify by opening another 200 Mr DIY and dozens of Mr DOLLAR and MR Toy. They only have like one or two dollar/toy shops. Completely unproven. They already have 600 over Mr DIY stores, what make them think the next 200 can offer the same profit margin. Even if it goes exactly as they planned which i say is impossible, PE 30 already price in the growth for the next 10 years.

Who the heck in their right mind is willing to pay extra for 10 years worth of profits for a stock that before listing already been milked for money like nobody's business? Sad to say, it is fully subscribed. From what I see, this stock should not be worth more than half the ipo price at all.

This is just my opinion, which I think many people share.