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 IPO : Keyfield International Berhad, Main Market

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C_ST
post Apr 3 2024, 10:01 AM

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319 posts

Joined: Aug 2021
TP RM2.++
Wow +2
C_ST
post Apr 3 2024, 01:23 PM

Casual
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Junior Member
319 posts

Joined: Aug 2021
QUOTE(tomjason @ Apr 3 2024, 12:58 PM)
Look at cpe tech, financial not bad, sector is good, why opening red.
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U have to compare apple to apple, orange to orange
Few things i look back at CPE (you can say i 马后炮),
- semi-con industry is good, but RM1.++ IPO share for semi-con is too high, especially for our goreng market
- CPE's financial is nice & growing, thats why it was able to slowly rebound back to IPO price, and slightly higher now. Its financial improving gradually, seems normal business growth, so cannot expect rocket price during IPO

I dare not say Keyfield price is nice, but just that... For O&G + offshore related, near to RM1.0 IPO price seems acceptable
C_ST
post Apr 3 2024, 04:41 PM

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QUOTE(dz91 @ Apr 3 2024, 04:25 PM)
Oil and gas is a sunset business
Human are moving into green and sustainable energy
This sector usually don't have high pe
I will skip
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Till one day when airplanes can use green & sustainable energy, then u say this industry dying.
Else, petrol for we individuals usage are only peanuts compare to commercial usage
C_ST
post Apr 3 2024, 04:58 PM

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QUOTE(dz91 @ Apr 3 2024, 04:46 PM)
China is already experiencing in using recycle vegetable oil to fuel airplane
Look from outside of the circle
Not just from Malaysian usage
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Yes, look outside, look wider, dont just look at China, US & few main Europe countries promoting cooking/waste food oil for airplane.
The so called 'experiencing' is merely experience stage, not even into initial stage of commercial usage yet.

Commercial machines, gen-set, heavy equipment, heavy truck, manufacturings still relying heavily on oil & gas, at least for next decade.

I never say cant be replace with alternative fuel, just need longer time

Back to topic : So, hoot for the IPO, sell before the next decade

 

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