share issue lo

Yes,share issue is huge to reduce the ipo cost.If small issue the ipo price will be high.This way small
investors can subscribe.

Bigger share issues hard to goreng...
Hard to move big...

Growth slows significantly in 2019 yet intended PE is 37 times, doesn't sound promising, right?

When open for non-bumi? Don't tell me close already

maybe end of march lsit i think

You want meh?


Side kopi talk.. The stuff they sell is so siiiity :x

Use one time... that's it. (Ai am not a returning customer )

It feels like a Chinese hardware stall that is simply mushrooming left, right, center, front and belakang... Do they really make money or they simply doing the numbers game...?

LOL.... Ignore me.. No one cares about these stuff during ipo

This post has been edited by Boon3: Feb 28 2020, 03:38 PM

Recession coming means people flock to cheap inferior goods.
For example, fast food companies do well generally during recession. (Not referring to Malaysia because some Malaysians can't even afford to eat McDonalds )
No harm applying RM1000 to try luck.

Siitty you means shitty is it? Shitty stuff that spoil easily because Made in China is gooding. This means its planned obsolescence so consumers will buy more when it breaks

Sure make one. Even Chinese products in Pakistan can make money. Now no supply due to virus, price shoot up

Nah...
I won't be buying from that shop ever...
There are China products and then there are those China products.. Lol

Ps... Ipo forum thread La... no one really cares one... Lol

Mr DIY Group is considering postponing its planned initial public offering after the country’s equities market tumbled on political uncertainty



https://www.theedgemarkets.com/article/mr-d...litical-turmoil

patut la last friday postpone ni

Don't know which next IPO plan gone up in smoke 😁

i hear another one plan to list...well known wan

sharing is caring ya

Unexpected turn of events...
More uncertainty in coming at least until parliament sitting 😁

esok mr.diy open as usual back ?? inside those mall ??

mr diy already opened since last week.
bought some stuff there last saturday.

Malaysian Retailer Mr DIY Revives $500 Million IPO Plan

Sos: Bloomberg

Malaysia’s Mr DIY Group is reviving its initial public offering plan after postponing it in March when the Covid-19 pandemic worsened, according to people with knowledge of the matter.

The country’s biggest home improvement retailer aims to restart marketing to gauge investors’ interest next month, the people said. The company aims to raise about $500 million in the share sale, which could begin as early as October, the people said, asking not to be named as the information is private.

Mr DIY’s sales surged to a record in May and June, after the government partially lifted coronavirus-driven restrictions in order to resuscitate the economy, the people said.

The share sale by the company, which is backed by private equity firm Creador, would be the biggest IPO in Malaysia since Lotte Chemical Titan Holding Bhd. raked in $849 million in 2017, according to data compiled by Bloomberg.

The potential deal will give a boost to the Malaysian stock market, which has only seen $70.7 million worth of IPOs so far this year, the slowest in more than a decade. Despite the political turmoil in the country, the benchmark FTSE Bursa Malaysia KLCI Index has rebounded nearly 30% from its March low.

Deliberations on the plan are still ongoing and there is no certainty the company will proceed, said the people. Representatives for Creador and Mr DIY declined to comment.

Mr DIY opened its first store in Malaysia in 2005 and now operates more than 622 outlets across the country, according to its website. The company sells over 14,000 types of products in ten categories including furniture, computer accessories, hardware and toys. It counts Tesco Plc and Aeon Co. among its business partners, according to the site.

This post has been edited by Ziet Inv: Aug 13 2020, 10:15 AM

Faster start IPO I wanna bet my money

Logically, if business profitable, people rather keep it private.
If business unprofitable, people want to fast fast IPO to get out.

However, if business profitable and want to take risk to expand to try to become more profitable but don't have money now, they go IPO too. But now if expansion not suitable due to economic environment, they rather keep it private or until market recovers.

Red flag if they die die want IPO So just be patient.