this one is guru???

ipo price calculated base as rm1 border line?

Why they do like that?

Loss money wor

So true, this guy reflect my thinking of the company and its crazy valuation

Nowadays, anyone also can be a guru.

Nope. I mean any IPO above RM1 is risky and usually you will not profit a lot.

Gotten at cost..
Why bother 😏

Whatever IPO pricing is not the real deal..
Those who knows... Entry cost is way lower...
No one would sell at loss... Especially big amount

Real boss never do IPO. Only when not doing good, can't get bank loan then come to IPO. Maxshit when need money, they IPO, they doing good, go back private.

So bursa actually just a bigger genting casino table.

ini laupek counter also can be listed

https://www.facebook.com/SenhengMY/videos/970181706928747



reduce loss??

first day listing drop -20% is really worst IPO




China's ZTO Express falls in market debut

OCTOBER 27, 2016



(Reuters) - Shares of Chinese package delivery company ZTO Express ZTO.N fell 15 percent from the company's IPO price in its U.S. market debut on Thursday, despite having raised more than expected at $1.4 billion the night before.

start 5 minutes, already many people sell it

This post has been edited by plouffle0789: Jan 25 2022, 10:18 PM

Logic points 👌

IPO normally the last route... For financial...
Or because want to increase exposure... Name / brand in Malaysia 😁

I know 1 company...
Engineering firm... Multi million yearly... Easily can list in Main market... Old rich people from earlier days of Malaysia formation... Still keep private hand... Family own... Banks all linings up to give $$$... But they don't really bother... Because can use their $$$ roll over. Non issues...

I knew it. YTL. Lol.

That one already billions level...

This one smaller scale...
Multi millions level only 🤪

But yeah...
Formation around the same time...
Only thing... The big one got stronger connection 💪
LoL 😆

Good for them, stay away from bursa.
Many companies got spoil because bursa. From Maybank to KFC. Lol.

thing I dont get is, during IPO listing it was oversubscribed by 10.4 times:
https://www.theedgemarkets.com/article/senh...ibed-1044-times

But after launch, its price is now stuck at 0.88 per share.

Baffling. I thought oversubscribed usually means the stock price will go up on opening day? This one opposite happened.

Got people buy the IPO and later sell it at a loss just to sabotage the company's stock price? Gilaa..

This post has been edited by Davidtcf: Jan 26 2022, 10:50 AM

IPO price should never be used as a yardstick indicator.

One of the best example is.... LC Titan.

Go check out the IPO price....and look at it today.

Sabotage? Lol

Never heard of cut loss?

AAX even more best example..RM1.15 IPO

then why so many ppl interested in the IPO? Only to sell on day one with losses. If after many days or months see stock price go down understood la. This one day 1 already do this. Might as well don't register for the IPO to begin with. There is no benefit for such buyers.

right now see it stable at 0.88 I'm happy.. hope dont go any lower after this. Hold for sometime see how it goes.

This post has been edited by Davidtcf: Jan 26 2022, 11:47 AM

Why do many ppl interested in IPO?

That's beside the point, isn't it?

I am merely pointing out the fact that events like Seng Heng's poor listing day performance happens. A more recent listing, Swift Haulage also saw the stock ending much lower.

Proof: https://www.theedgemarkets.com/article/swif...-malaysia-debut