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 MR DIY IPO

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chen9
post Oct 19 2020, 08:41 AM

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cant wait to see what price mrdiy will go after being listed

could go either way i think
chen9
post Oct 19 2020, 09:00 AM

Getting Started
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Junior Member
78 posts

Joined: Apr 2016
QUOTE(Boon3 @ Oct 19 2020, 08:56 AM)
Try to take out all the inside noises .... and be logical...

simple question.... do you think the DIY shops should be more valuable than 711?

me? no way in hell... everyone buys bits and bits of overpriced stuff at 711 ALL the time!
the edge article...
https://www.theedgemarkets.com/article/mr-d...irport-operator

It compares DIY valuation vs 711 stores.
711 stores this morning is only worth 1.2billion. DIY at IPO prices, is worth 10 billion. That's a damn cluster farrrrk! how could it be worth that much for a store that sells ZERO QUALITY stuff?

BTW Genting BHD  is ONLY worth 11.5 billion. As much I dislike Genting, can any1 reason with me how DIY can be worth 10 billion?

LOL! It is worth more than AMBank too since AMBank market value is some 8.8 billion.

Ask yourself....DIY worth more than AMBank???
if this is not a con, what is?
*
i have to agree with you here ,

mrdiy has been expanding like crazy prior to this ipo ( not in a healthy way imo )
even my friend kampung also got one there

10bil valuation imo is way too high
but price movement of a stock is not solely depending on its value
thats why i say very interesting to see brows.gif

personally wouldnt buy this stock at this price

 

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