parking

Overall is a high risk  IPO ,

oil & gas industry will  become a sunset industry in future.  

Look at cpe tech, financial not bad, sector is good, why opening red.

MITI is under subscribe huh??

Tomorrow only will know. Just my assumption since low subscription at MITI.

Public definitely oversubscribed.

#tayor

Few possibilities...

1. Hidden hand
2. Incomplete documentation
3. Just unlucky

We never really know what happened inside MITI

But it was among the 2nd lowest application rate in MITI, slightly above KTI.

#tayor

oversubscribed. 

...1X time only....

Why u apply figures like 5600? Last time ppl tell me apply like
base on the allocation tier - minimum amount (sorry i dont know actual term).

U get 1000 coz of the tier u apply in  (1100-6000) n allocation for the tier.
If u apply within 6100-11000, u get 3000
If u apply within 11100 - 20000, u get 5000
And so forth ... U go read the basis of allocation table (page5)..
But do understand nobody knows the tier but usually somewhere like that. Refer to other IPO basis of allocation. I pun beginner.

But if u apply 5600, n get 5600, then u can sweat already.

KUALA LUMPUR (April 17): Keyfield International Bhd, an oil and gas services firm en route to Bursa Malaysia’s Main Market, reported a 72.43% surge in its fourth-quarter net profit, driven by higher vessel utilisation and charter rates.

Net profit for the three months ended Dec 31, 2023 (4Q2023) totalled RM22.12 million, compared to RM12.83 million in the same period a year earlier, Keyfield said in an exchange filing.  Revenue grew 76.82% year-on-year to RM119.53 million from RM67.6 million.

Keyfield has reported PAT of RM 105,475,000 for FY ending 31/12/2023.

Based on the total number of shares of 800,000,000, the EPS is 13.18 sen.

The average PER for Oil & Gas sector is about 15 X.

Therefore, Keyfield should be able to command a FV of RM 1.97 (RM 0.1318 X 15).

TA 1.42
PB 2.09
Kenanga 1.90
Good luck Monday 

Down memory lane / Nostalgic Superbull 1993 -97

this era of " black market " happened during the " 2nd board GOLD  RUSH " from 1993 - 1997 before the Asian Financial Crisis '

ALL  2nd board  IPO  open / debut with LIMIT UP prices  meaning 5X the offering  price .  

NOW  ?......

TOP?