CEKD is an investment holding company while its subsidiaries are principally involved in the manufacturing of die cutting moulds and trading of related consumables, tools and accessories.
IPO comprising public issuance of 50,590,000 new ordinary shares in CEKD :-
9,729,000 Shares, representing 5.0% of our enlarged share capital, are made available for application by the Malaysian Public
9,729,000 Shares, representing 5.0% of our enlarged share capital, are reserved for our eligible Directors, employees and persons who have contributed to the success of our Group under the Pink Form Allocations.
11,675,000 Shares, representing approximately 6.0% of our enlarged share capital, are reserved for private placement to selected investors.
19,457,000 Shares, representing 10.0% of our enlarged share capital, are reserved for private placement to Bumiputera investors approved by MITI
This post has been edited by nexona88: Sep 14 2021, 06:19 PM
Eh, first time to know that the IPO price could be change from MITI Term Sheet. New knowledge learnt, previously Samaiden had a IPO price range between 0.45 to 0.50 in its term sheet. Then it was fixed at 0.48 during IPO.
This time CEKD's IPO price was at RM0.36 in MITI Term Sheet but it changes to RM0.48.
Afraid to be touching feminist counter. Own and run by full female team. What is this? I believe alot of people also don't like full female management. It is OK if they are young and pretty, but these are aunties. Really first in Malaysian history. It is insane. I won't be surprise if stock market give discount to this stock to account for the risk premium to compensate investors for risk of highly female concentrated management. If you know what are female drivers like, you will understand what I mean. We need a balance, better if got led by male CEO. Anyhow, I am still considering. Need estimate fair value to see if current price deduct risk premium for gender concentration.
Afraid to be touching feminist counter. Own and run by full female team. What is this? I believe alot of people also don't like full female management. It is OK if they are young and pretty, but these are aunties. Really first in Malaysian history. It is insane. I won't be surprise if stock market give discount to this stock to account for the risk premium to compensate investors for risk of highly female concentrated management. If you know what are female drivers like, you will understand what I mean. We need a balance, better if got led by male CEO. Anyhow, I am still considering. Need estimate fair value to see if current price deduct risk premium for gender concentration.
Nothing to be sexist about but you need to check the balance sheet properly as the financials are suspect by the least
?? You mean the Financials are suspect? Or least suspect?
If you go through you know why
I can tell you the main reason for this iPO is to pay off debts owing to Cimb for very long time hence this is a company I wouldn’t hold for a long time and trade speculatively
Family’s run company with the daughters at helm and holding 74% after IPOs plus revenue dropping with shareholders earning less you can see the big picture
Underwriter jacking up the price expecting demand just wait and see oversubscription rates then
I can tell you the main reason for this iPO is to pay off debts owing to Cimb for very long time hence this is a company I wouldn’t hold for a long time and trade speculatively
Family’s run company with the daughters at helm and holding 74% after IPOs plus revenue dropping with shareholders earning less you can see the big picture
Underwriter jacking up the price expecting demand just wait and see oversubscription rates then
Ooof. Fantastic. Most IPOs these days really facepalm
I can tell you the main reason for this iPO is to pay off debts owing to Cimb for very long time hence this is a company I wouldn’t hold for a long time and trade speculatively
Family’s run company with the daughters at helm and holding 74% after IPOs plus revenue dropping with shareholders earning less you can see the big picture
Underwriter jacking up the price expecting demand just wait and see oversubscription rates then
yes i agree now. It is really hilarious they can come up with that figure.
I studied as homework and found this video. It is really a no brainer company. Like your mom and pop company. I think they should not be admitted as IPOs. Especially when the IPO indicates they are going to do the same thing again and again. Anyhow, the next few years should be quite good for this company for sales. But it is not a good investment. We should evaluate a company across its lifespan.
I cant even justify taking the risk for this IPO. I consider quite a few IPOs to be almost risk free. But this one is so obvious stupid I think even day traders are aware enough to avoid.
yes i agree now. It is really hilarious they can come up with that figure.
I studied as homework and found this video. It is really a no brainer company. Like your mom and pop company. I think they should not be admitted as IPOs. Especially when the IPO indicates they are going to do the same thing again and again. Anyhow, the next few years should be quite good for this company for sales. But it is not a good investment. We should evaluate a company across its lifespan.
It is laughable. The funniest IPO this year.
If you noticed the next few years will be very difficult because of their top 3 customers slowing demand in fact
Another red flag is their operations are still manned when most advanced precision has been automated many years back
Malaysia IPOs no standard as Bursa needs the numbers 🤦♀️
QUOTE(MU variant @ Sep 9 2021, 02:24 AM)
yikes, i 180 uturn after reading this.
thanks
Go do your due diligence by reading on prospectus as it is ready flagging red big time
If you noticed the next few years will be very difficult because of their top 3 customers slowing demand in fact
Another red flag is their operations are still manned when most advanced precision has been automated many years back
Malaysia IPOs no standard as Bursa needs the numbers 🤦♀️ Go do your due diligence by reading on prospectus as it is ready flagging red big time
You are right. This is a very manly business. Now you have this lady who probably don't even know how the machines work. And after so many years still stuck in the die cutting board business.
You are right. This is a very manly business. Now you have this lady who probably don't even know how the machines work. And after so many years still stuck in the die cutting board business.
The problem with the prospectus which is bookmakers fault whereby it should project a sense of ir4 transformation toward some efficiency and automation which would then priced even higher than rm0.50 if they know what they are doing
A very good example of a good family run family business but yet open to embracing challenges and automation would Hartalega
If they embark the same path no doubt CEKD can go higher than rm1 within this 1st yeR
The problem with the prospectus which is bookmakers fault whereby it should project a sense of ir4 transformation toward some efficiency and automation which would then priced even higher than rm0.50 if they know what they are doing
A very good example of a good family run family business but yet open to embracing challenges and automation would Hartalega
If they embark the same path no doubt CEKD can go higher than rm1 within this 1st yeR
Even if they do there are tons of businesses doing the same thing out there. They are probably too late.
Don’t forget SG is financial hub with low taxation and market friendly policies
. hehehe.....
We really cannot "fight" with them... Foreign exposure is quite high... Many regional HQ also there.. Actually we "lost" quite few listing... Famous one is Grab @ MyTaksi.
This post has been edited by nexona88: Sep 13 2021, 08:25 PM
We really cannot "fight" with them... Foreign exposure is quite high... Many regional HQ also there.. Actually we "lost" quite few listing... Famous one is Grab @ MyTaksi.
Another soon to lose if Bursa not doing anything with Carsome
Thanks to PM4 onwards and AFC Malaysia is going downhill unless pm9 is start doing something extraordinary now to attract high quality capital coming in
Wait till they allow SPACs to be listed in Bursa then doubled the garbage
Time to be go be the whale in SGX as more crazy IPOs are coming in
This is a strong statement indeed. As far as I know, ipo performance so far are fantastic.I have no complain. Looking forward to many more IPOs to come
This post has been edited by wisillichok: Sep 14 2021, 05:13 PM
Another soon to lose if Bursa not doing anything with Carsome
Thanks to PM4 onwards and AFC Malaysia is going downhill unless pm9 is start doing something extraordinary now to attract high quality capital coming in
there's needed some serious changes for bursa & the way of doing business in malaysia...
we losing alot...
saw some news... those japanese companies in China is moving out... they come to Asia.. pick Vietman, Thailand or Indonesia... Malaysia loses FDI...
those high end, pick Singapore for FDI or listing... we lose out yet again...
there's needed some serious changes for bursa & the way of doing business in malaysia...
we losing alot...
saw some news... those japanese companies in China is moving out... they come to Asia.. pick Vietman, Thailand or Indonesia... Malaysia loses FDI...
those high end, pick Singapore for FDI or listing... we lose out yet again...
We started losing out since after GFC which PM6 try to change the way of bring in FDI but however due his greediness it started downhill since 2015
Malaysia lose out for the past 10 years since and if any better hope PM9 can reverse course as he is more pragmatic but however too many wolves in his camp will start his chewing if he is not careful at all
Those that can benefit the country are coincidentally 2nd order impact, not their primary objectives....
All old camps cannot be trusted whether ruling or opposition, need clean sweep of new age law makers.
UMNO 99% bad but 1% is currently in power so we need to wait and see whether any changes
Opposition hopeless but too many infighting but when it comes to election they will start to unite after that back to square one
Change is needed but the problem is the hardcore ones cannot be change and voter only can choose how they vote their own area and choose lesser of 2 evils
Malaysia unless people are not obsessed with party politics can’t never change so don’t bother then
Another’s silly contradictory’s research paper from pbb
Furthermore, CEKD is not dependent on any particular customer or industry for its business, given the large customer base of 1,309 customers (as at 6 Aug 2021) and the diverse industries that they are operating in with lack of long-term contracts with its customers as its key risks
How on earth to pbb can’t be proud writing such reports when one hand you praising and another with key risks in part?
Another’s silly contradictory’s research paper from pbb
Furthermore, CEKD is not dependent on any particular customer or industry for its business, given the large customer base of 1,309 customers (as at 6 Aug 2021) and the diverse industries that they are operating in with lack of long-term contracts with its customers as its key risks
How on earth to pbb can’t be proud writing such reports when one hand you praising and another with key risks in part?
Looking it to go downhill at 42 cent so on day 1
Whatever it is, let the market decide.
But i do agree that the ipo listing price is too high...
Anyway, I also apply some for thrills
Maybe what you say will turn out right at listing day and those of us who apply eat shit
Another’s silly contradictory’s research paper from pbb
Furthermore, CEKD is not dependent on any particular customer or industry for its business, given the large customer base of 1,309 customers (as at 6 Aug 2021) and the diverse industries that they are operating in with lack of long-term contracts with its customers as its key risks
How on earth to pbb can’t be proud writing such reports when one hand you praising and another with key risks in part?
Looking it to go downhill at 42 cent so on day 1
geez no join party tak payahlah nak have negative wishing, kalau ada pun keep to urself je lar
often come across this dude, mid-class employee but like to show off. many ppl here are wealthier but kept silent. but true also, those who haven't reach there yet, like to show off.
Oversubscribed by 131 X.....Dem - mega interested in the IPO .
IPO- NO need any skill what so ever - suitable for grandma , retirees . To make money $ , can't depend merely on IPO - must punt in the open market too.. .
many Promising Penny + Warrant for very high % JACKPOT / angpows .. psssttt....NEX**** WA WB WC
BTW...this CEKD TP ?...hmmm....mine still figuring out from all aspects
#be patient...coming very soon
hmmm our Batu Cave Boy to rushhhh over here to THROWWWW Cold Water anytime
This post has been edited by SURE ANGPOW: Sep 23 2021, 10:26 AM
Apr 3 2021, 12:55 PM, updated 5y ago
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- mega interested in the IPO .
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