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 Senheng New Retail Berhad (5305), Main Market

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Boon3
post Jan 26 2022, 12:14 PM

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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. wink.gif
bluemountains
post Jan 26 2022, 01:19 PM

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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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bluemountains
post Jan 26 2022, 01:27 PM

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QUOTE(bluemountains @ Jan 26 2022, 01:19 PM)

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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?
Davidtcf
post Jan 26 2022, 01:48 PM

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QUOTE(bluemountains @ Jan 26 2022, 01:27 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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thanks.. next time will check P/E ratio and EPS before buying.

If you have Senheng stocks right now, will you sell or hold them?
kucingfight
post Jan 26 2022, 02:25 PM

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QUOTE(Davidtcf @ Jan 26 2022, 01:48 PM)
thanks.. next time will check P/E ratio and EPS before buying.

If you have Senheng stocks right now, will you sell or hold them?
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and your still asking if one should sell or hold.
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
Davidtcf
post Jan 26 2022, 04:51 PM

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price went up to 0.90+ thumbup.gif
!@#$%^
post Jan 26 2022, 04:58 PM

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thank goodness didn't get
leospirit
post Jan 26 2022, 06:33 PM

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masih ada 16cent utk melepasi harga ipo
TSnexona88
post Jan 26 2022, 08:00 PM

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QUOTE(Davidtcf @ Jan 26 2022, 04:51 PM)
price went up to 0.90+  thumbup.gif
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Buy Buy Buy then 🤣
fvginger P
post Jan 26 2022, 09:27 PM

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i remember got ppl queue on 0.75 before the market open... @_@
iena_jr
post Jan 26 2022, 10:25 PM

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Ada terciduk ke
SmartAl3ck
post Jan 27 2022, 07:15 AM

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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¢
TSnexona88
post Jan 27 2022, 09:45 AM

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Any price below 90c is kinda good already...
Below 80c even better 🎉🥳

For buying...
Selling always above rm1 😏
Cubalagi
post Jan 27 2022, 02:58 PM

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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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This is how Malaysian IPO game is played Lottery if u can get then sell as quick as possible.
Boon3
post Jan 27 2022, 03:03 PM

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QUOTE(Cubalagi @ Jan 27 2022, 02:58 PM)
This is how Malaysian IPO game is played  Lottery if u can get then sell as quick as possible.
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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!
Boon3
post Jan 27 2022, 03:06 PM

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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.


Davidtcf
post Jan 27 2022, 04:43 PM

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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.

Davidtcf
post Jan 27 2022, 04:44 PM

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QUOTE(Boon3 @ Jan 27 2022, 03:06 PM)
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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That time only see how.. if can wait then wait lor.. else make few hundred bucks losses for nothing.
No more buying IPO after this. First and last.
Boon3
post Jan 27 2022, 04:53 PM

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QUOTE(Davidtcf @ Jan 27 2022, 04:44 PM)
That time only see how.. if can wait then wait lor.. else make few hundred bucks losses for nothing.
No more buying IPO after this. First and last.
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Basically you letting Fate decide laa.....
Davidtcf
post Jan 27 2022, 04:56 PM

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QUOTE(Boon3 @ Jan 27 2022, 04:53 PM)
Basically you letting Fate decide laa.....
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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. yawn.gif

This post has been edited by Davidtcf: Jan 27 2022, 04:57 PM

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