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 Tealive Boss selling shares, seek RM1b valuation, for IPO

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teehk_tee
post Feb 2 2021, 01:14 PM

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From: กรุงเทพมหานคร BKK

time to cash out brooooo
teehk_tee
post Feb 2 2021, 01:30 PM

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QUOTE(9m2w @ Feb 2 2021, 01:23 PM)
Although (and this is just personal opinion haha) Mr DIY looks like a mini scam job, they still have some upside and intrinsic value. But for Tealive, dont see it. He's on some weed for sure. Or he plans to convert part of his kiosks to offer Rapid testing  haha
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your personal opinion is not wrong.

however, when the market is exuberant - we dont say the F word round here (Fundamentals)
teehk_tee
post Feb 2 2021, 02:26 PM

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QUOTE(differ @ Feb 2 2021, 02:10 PM)
No la, means they are looking for strategic investor, I.e. someone who can contribute and help them expand. An alternative would be purely financial partner who just pump cash.
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strategic stake sale
could also mean, something like a Series D/E round, get a big whale in - pump up the numbers for pre-ipo book building.

 

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