This one needed to see market situation...
And since it's kinda big offering.... Don't expect like 100% profit 😁 like some of the smaller IPOs in Ace Market...

Ballot confirm hard..
Because market flush with endless $$$...
Smaller IPOs also can get so much multi millions $$$ for just few million share offering...

That's why I said... Don't expect super good performance...
Most likely something like nestcon 😎 or little bit better 💰🎉

Sorry noob here,
MRDIY IPO time many say not good this not good that now the price also up from 1.60 to 3.66 (as of 2-Jul closing) wor

why bad IPO?

This IPO suitable for buy and sell at first day open price kind of stock? Usually will profit or loss?
Also ballot very difficult to get ka for ikan bilis?
Sorry first time apply IPO

Wait and see would be the smart move to buy because most likely buy limit is surprising

I am parking some to buy into at 1.20 for dividends only

Let’s see this year dividend payout later 

are you kidding? this IPO dun have institutional investor? did you even read the prospectus to see who the cornerstone investors are?

suggest you take a read first on the prospectus.

But i have a hunch that this may also turn out like mr diy since they have the same ppl behind them.

Edit: As usual, PE firms will push for the max valuation because they wants out, they want their cash back. they made super good money whenever they exit their investee companies.

Was Mr DIY included in the index when it first got listed?

Please answer this question above first.

Was Mr DIY included in the index when it first got listed?

Please answer this question above first.

What does that have anything to do with his question?

whether i am or not, doesnt matter to you, or it doesnt concern it at all to me, whether you think i am one or not.

back to topic, the inclusion of it in the index was a much later decision, coupled with poor performance of that glove company starting with "S" was one of the reasons.

actually what i am trying to point out is that, take a look at the major shareholder, and who is behind this IPO, they are the reason for the IPO, they want to cash out, that's what PE funds does.

Despite the skyhigh valuation, i would say, i will subscribe to some, given that I missed out mr DIY.

I would suggest you all to try some too, to try your luck.

But PE of 63 times is just too much for me. how much is the immediate dilution? I haven't read also.

the CEO and founder of Creador is really somebody, who can move the market, the share price.

but have to be smart of when to join him to ride the wave.

I'd say, give it a try.

dun understand

Applied today morning and hope can get it this time, failed in last 4 ipo already

The data will be out before mid day upon opening as you will see number of trades and volume

If you can pick up anything less than 1 after that just hold it for dividends payout because they can and willing pay more dividends after the debt settlement upon the Thai subsidiary because there is were they are putting the money next

I doubt it will go beyond rm1.50 upon opening unless major funds are buying in the open market because a lot of profit taking these few days as they are waiting for OPEC news to buy into RM strength on the news of oil price and possibly phase 2 of NRP which should be expected by end of the month

CTOS is good value hold provided buying into the right price because I am waiting for right time to trigger as well

Not very impressed with their subscription rates for IPO as the balloting queues should be now by millions already

Look at MrDIY most funds was buying after 3rd week which was at rm2.10 range onwards hence it will have a big chance the pattern will repeats again at rm1.50 this time

Consider that small when if it is blockbuster it should be 200k range now

Well...
Big offering...
High PE...

So it's kinda expected 😉

hopefully  :thumbsup:

Only mentioned special allocation, not sure if that translates to higher chance 

seems Everybody want  to sell after getting  the IPO  haaa....
RM 1.16 fair value hard to sustain

Can't rule out down below the IPO price given the Kaput market sentimen    lately
After all  given  Covid No  still high (6000++ ) &  GLOOOMY  Politics.. ..

PM me  a s a p  for settlement  b4 I go to Dang Wangi...  

hi all sifu ,

  first time apply for ipo , want to ask - what is the lock up period ?
  how does it apply to me if get the ipo ?

thanks

Let's hope for the best 2moro

Any speculation how high would be the oversubscribed rates 😁💰🤑

Estimate 70-80x

you clearly do not know how does PE firms work.