https://www.theedgemarkets.com/article/ipos...gs-fail-impress
See the table included the article....see how some of the big name ipos closed much lower on listing day.
Senheng New Retail Berhad (5305), Main Market
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Jan 26 2022, 12:14 PM
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All Stars
15,942 posts Joined: Jun 2008 |
Or if you research more...
https://www.theedgemarkets.com/article/ipos...gs-fail-impress See the table included the article....see how some of the big name ipos closed much lower on listing day. |
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Jan 26 2022, 01:19 PM
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Junior Member
82 posts Joined: Jan 2022 |
QUOTE(Davidtcf @ Jan 26 2022, 11:46 AM) 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. |
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Jan 26 2022, 01:27 PM
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Junior Member
82 posts Joined: Jan 2022 |
QUOTE(bluemountains @ Jan 26 2022, 01:19 PM) Many people expected Senheng to perform like DIY; but unfortunately that did not happened.Senheng should be compared with Harvey Norman (HVN) which is listed on the Australian Stock Exchange (ASX). HVN is currently at $ 4.75 with a PER of 7.04X. Senheng at RM 0.88 has a PER of 23.78X. Is Senheng overpriced OR is HVN underpriced? |
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Jan 26 2022, 01:48 PM
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Senior Member
3,520 posts Joined: Jan 2003 |
QUOTE(bluemountains @ Jan 26 2022, 01:27 PM) Many people expected Senheng to perform like DIY; but unfortunately that did not happened. thanks.. next time will check P/E ratio and EPS before buying. Senheng should be compared with Harvey Norman (HVN) which is listed on the Australian Stock Exchange (ASX). HVN is currently at $ 4.75 with a PER of 7.04X. Senheng at RM 0.88 has a PER of 23.78X. Is Senheng overpriced OR is HVN underpriced? If you have Senheng stocks right now, will you sell or hold them? |
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Jan 26 2022, 02:25 PM
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Elite
5,784 posts Joined: Jan 2003 From: Shah Alam |
QUOTE(Davidtcf @ Jan 26 2022, 01:48 PM) thanks.. next time will check P/E ratio and EPS before buying. and your still asking if one should sell or hold.If you have Senheng stocks right now, will you sell or hold them? rmbr, financial is only one thing 1/3rd is biz model, 1/3rd is management , 1/3rd is financial EPS, PE ratio doesnt mean much, those are juz accounting figures u should be looking at businessman side ie OCF, liabilities, receiveables etc This post has been edited by kucingfight: Jan 26 2022, 02:26 PM |
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Jan 26 2022, 04:51 PM
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Senior Member
3,520 posts Joined: Jan 2003 |
price went up to 0.90+
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Jan 26 2022, 04:58 PM
Show posts by this member only | IPv6 | Post
#207
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All Stars
17,497 posts Joined: Feb 2006 From: KL |
thank goodness didn't get Davidtcf liked this post
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Jan 26 2022, 06:33 PM
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Newbie
47 posts Joined: Jun 2007 |
masih ada 16cent utk melepasi harga ipo Davidtcf liked this post
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Jan 26 2022, 08:00 PM
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All Stars
48,421 posts Joined: Sep 2014 From: REality |
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Jan 26 2022, 09:27 PM
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Probation
16 posts Joined: Jan 2022 |
i remember got ppl queue on 0.75 before the market open... @_@
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Jan 26 2022, 10:25 PM
Show posts by this member only | IPv6 | Post
#211
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Junior Member
176 posts Joined: Apr 2009 From: KL |
Ada terciduk ke
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Jan 27 2022, 07:15 AM
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Junior Member
13 posts Joined: Dec 2021 From: Kuala Lumpur, Malaysia |
Got 2,000 shares before 1st day closing at 87¢
I think I jinx it, it close at 85.5¢ Luckily goes back to close at 91¢ |
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Jan 27 2022, 09:45 AM
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All Stars
48,421 posts Joined: Sep 2014 From: REality |
Any price below 90c is kinda good already...
Below 80c even better 🎉🥳 For buying... Selling always above rm1 😏 |
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Jan 27 2022, 02:58 PM
Show posts by this member only | IPv6 | Post
#214
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Senior Member
4,487 posts Joined: Mar 2014 |
QUOTE(Davidtcf @ Jan 26 2022, 11:46 AM) 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. This is how Malaysian IPO game is played Lottery if u can get then sell as quick as possible.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. |
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Jan 27 2022, 03:03 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(Cubalagi @ Jan 27 2022, 02:58 PM) One important point is that one must understand that an IPO could always fall below its IPO offer price. After understanding that point, hell... hantem saje lo ... see if got good luck or bad cow luck! |
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Jan 27 2022, 03:06 PM
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All Stars
15,942 posts Joined: Jun 2008 |
And if bad cow luck...
just understand that there's a real possibility that the stock would never even go back up to its ipo offer price. Waiting forever will not help either. |
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Jan 27 2022, 04:43 PM
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Senior Member
3,520 posts Joined: Jan 2003 |
drop back to 0.88 for CNY lucky number.
Lazy to check liao after this. Will leave it there for sometime let it grow baru sell. |
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Jan 27 2022, 04:44 PM
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Senior Member
3,520 posts Joined: Jan 2003 |
QUOTE(Boon3 @ Jan 27 2022, 03:06 PM) And if bad cow luck... That time only see how.. if can wait then wait lor.. else make few hundred bucks losses for nothing.just understand that there's a real possibility that the stock would never even go back up to its ipo offer price. Waiting forever will not help either. No more buying IPO after this. First and last. |
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Jan 27 2022, 04:53 PM
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All Stars
15,942 posts Joined: Jun 2008 |
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Jan 27 2022, 04:56 PM
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Senior Member
3,520 posts Joined: Jan 2003 |
QUOTE(Boon3 @ Jan 27 2022, 04:53 PM) my pro investor friend told me this:[4:47 pm, 27/01/2022] <name removed>: since buy ady just hold for long-term [4:47 pm, 27/01/2022] <name removed>: unless SenHeng biz model fails agree. I didn't buy that much ya its IPO.. for those that buy a lot and if need money, then maybe different story. This post has been edited by Davidtcf: Jan 27 2022, 04:57 PM |
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