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 Senheng New Retail Berhad (5305), Main Market

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Boon3
post Jan 28 2022, 04:32 PM

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QUOTE(Davidtcf @ Jan 28 2022, 04:07 PM)
yeah could fall down to around there.. thats why just now I fast2 sell after watched that youtube taikor talk about Senheng  sweat.gif

https://youtu.be/OMxxjBE8rFA?t=1000
*
laugh.gif

Like that also a youtube taikor meh?

He's basically reading a news link only, which was an article posted on NST. https://www.nst.com.my/business/2022/01/765...but-early-trade

Man, I would stay away from all those youtubers la....

EvOliver
post Jan 28 2022, 04:40 PM

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QUOTE(Boon3 @ Jan 28 2022, 04:22 PM)
Traders trade because of the reputation of the name?

Wow. First time hearing such stuff. Well, if you believe it so, so be it.  icon_rolleyes.gif
*
Not so simple. Just a discussion. Don't underestimate that some really buy it just because of the brand name.
Boon3
post Jan 28 2022, 05:01 PM

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QUOTE(EvOliver @ Jan 28 2022, 04:40 PM)
Not so simple. Just a discussion. Don't underestimate that some really buy it just because of the brand name.
*
Okay let's focus on what you are saying....

Buy because of a brand name. Right?

What if with the help historical data, it can be proven that big brand name stocks can fail right from IPO.....

how then? would you still trade a stock just because of a brand name?

wink.gif
Davidtcf
post Jan 28 2022, 05:08 PM

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QUOTE(Boon3 @ Jan 28 2022, 04:32 PM)
laugh.gif

Like that also a youtube taikor meh?

He's basically reading a news link only, which was an article posted on NST. https://www.nst.com.my/business/2022/01/765...but-early-trade

Man, I would stay away from all those youtubers la....
*
Ok la what he said true what use chart analysis and saying IPO best play short term. If price drop better to sell unless if it breakthrough its support level..

He himself also investor/trader lai de if check his other videos. If ppl advise make sense then I will accept lor.

If Senheng has good biz model, unique product or service then can consider to hold. What they selling also nothing unique. Profit margin also razor thin.

Somemore price IPO so high. Fail la whoever advise them to set such a high price. Didnt think about impact of doing this?

This post has been edited by Davidtcf: Jan 28 2022, 05:12 PM
EvOliver
post Jan 28 2022, 05:09 PM

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QUOTE(Boon3 @ Jan 28 2022, 05:01 PM)
Okay let's focus on what you are saying....

Buy because of a brand name. Right?

What if with the help historical data, it can be proven that big brand name stocks can fail right from IPO.....

how then? would you still trade a stock just because of a brand name?

wink.gif
*
I did NOT say "solely" buy because of brand name. It's just a component of consideration.
Every brand has its own characteristics and fortune. Is SENHENG a "big" brand name? I don't know how to classify "big" brand name here for SENHENG. You can share your thoughts.
How about MRDIY? Can compare?
Davidtcf
post Jan 28 2022, 05:18 PM

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Mr DIY could be bubble waiting to happen. At least their biz more unique. We dont see them having a strong competitor opening up so many branches like them.

Go in can buy so many cheap stuffs, some Mr DIY own brand. Profit margin sure higher also.

Then Mr DIY PE ratio is at 50+. Senheng is at 120+. So you can see which is more overpriced.

This post has been edited by Davidtcf: Jan 28 2022, 05:21 PM
EvOliver
post Jan 28 2022, 05:20 PM

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QUOTE(Davidtcf @ Jan 28 2022, 05:18 PM)
Mr DIY could be bubble waiting to happen also. At least their biz more unique. We dont see them having a strong competitor opening up so many branches like them.

Go in can buy so many cheap stuffs, some Mr DIY own brand. Profit margin sure higher also.
*
Good points. Agree.
Boon3
post Jan 28 2022, 05:24 PM

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QUOTE(EvOliver @ Jan 28 2022, 05:09 PM)
I did NOT say "solely" buy because of brand name. It's just a component of consideration.
Every brand has its own characteristics and fortune. Is SENHENG a "big" brand name? I don't know how to classify "big" brand name here for SENHENG. You can share your thoughts.
How about MRDIY? Can compare?
*
Fact is big name ipos have failed b4.

Gotta ask you, were you an ipo investor for senheng?
Boon3
post Jan 28 2022, 05:26 PM

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QUOTE(Davidtcf @ Jan 28 2022, 05:08 PM)
Ok la what he said true what use chart analysis and saying IPO best play short term. If price drop better to sell unless if it breakthrough its support level..

He himself also investor/trader lai de if check his other videos. If ppl advise make sense then I will accept lor.

If Senheng has good biz model, unique product or service then can consider to hold. What they selling also nothing unique. Profit margin also razor thin.

Somemore price IPO so high. Fail la whoever advise them to set such a high price. Didnt think about impact of doing this?
*
Well yes. Ipos are nothing but a gamble.


EvOliver
post Jan 28 2022, 05:34 PM

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QUOTE(Boon3 @ Jan 28 2022, 05:24 PM)
Fact is big name ipos have failed b4.

Gotta ask you, were you an ipo investor for senheng?
*
No, I missed SENHENG's IPO. Otherwise, I may be one of the disappointing IPO holders.
Are you?
Boon3
post Jan 28 2022, 05:37 PM

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QUOTE(EvOliver @ Jan 28 2022, 05:34 PM)
No, I missed SENHENG's IPO. Otherwise, I may be one of the disappointing IPO holders.
Are you?
*
Nope. I don't touch ipos cause I do not like to play game of chances.
EvOliver
post Jan 28 2022, 05:38 PM

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Continuous down turn.
Closed at 0.825 today.
user posted image
sl3ge
post Jan 28 2022, 07:19 PM

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Such a shame Senheng,

I wont step in ur shop and buy things anymore!
Davidtcf
post Jan 28 2022, 07:23 PM

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Mr DIY opened its first store in Spain. Asean market already opened many stores. Senheng can't do similar:

https://www.diyinternational.com/home/news/...-spain-opening/

Earlier Turkey:

https://www.therakyatpost.com/news/malaysia...tore-in-europe/

This post has been edited by Davidtcf: Jan 28 2022, 07:24 PM
TSnexona88
post Jan 28 2022, 08:33 PM

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QUOTE(koja6049 @ Jan 28 2022, 03:50 PM)
i thought i was going to enter at 85cents.... luckily i didn't pull the trigger  sweat.gif
*
Good for you 🎉🥳👌
sl3ge
post Jan 29 2022, 08:04 AM

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Where is sure angpow?
Big drop then missing.

Every Pre ipo blow water so big.. give tp rm2.

New ipo player u know his true colors already??

*I know after i post this he is come out and shot me,already predicted.. lets see

This post has been edited by sl3ge: Jan 29 2022, 08:05 AM
yazoo
post Jan 29 2022, 10:38 AM

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QUOTE(sl3ge @ Jan 29 2022, 08:04 AM)
Where is sure angpow?
Big drop then missing.

Every Pre ipo blow water so big.. give tp rm2.

New ipo player u know his true colors already??

*I know after i post this he is come out and shot me,already predicted.. lets see
*
Agreed. I'm not sure what good his postings have in any IPO threads.
To simply shout certain new listing will hit the roof by giving
a target price that he grasped from out of nowhere or out from
his own ass does not certainly paint him as a bright person.
And by posting plenty emojis without any credible in depth
analyst really speak a lot about him.

One can also find his similar posting in i3 Forum on SenHeng
https://klse.i3investor.com/servlets/stk/5305.jsp

But since SenHeng price tanked, same like in here. He has gone
missing.

To make matter worst, he got many supporters here including one
or two VVIP that found his posting amusing. They may argue : "why
the need to be serious ?"
Well in any other threads or forums, posting like his will be immediately
flagged as SPAM, I'm not sure why the admin/mod here continue letting
him to be around.

ChAOoz
post Jan 29 2022, 11:16 AM

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Sure angpow sure is those ipo promoters. Use by institutions to hype up a listing.

He probably dont care about the share performance once the promotion and subscription period ended
Sahixo
post Jan 29 2022, 11:25 AM

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I predict senheng will fall below 50
sl3ge
post Jan 29 2022, 03:25 PM

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QUOTE(yazoo @ Jan 29 2022, 10:38 AM)
Agreed. I'm not sure what good his postings have in any IPO threads.
To simply shout certain new listing will hit the roof by giving
a target price that he grasped from out of nowhere or out from
his own ass does not certainly paint him as a bright person.
And by posting plenty emojis without any credible in depth
analyst really speak a lot about him.

One can also find his similar posting in i3 Forum on SenHeng
https://klse.i3investor.com/servlets/stk/5305.jsp

But since SenHeng price tanked, same like in here. He has gone
missing.

To make matter worst, he got many supporters here including one
or two VVIP that found his posting amusing. They may argue : "why
the need to be serious ?"
Well in any other threads or forums, posting like his will be immediately
flagged as SPAM, I'm not sure why the admin/mod here continue letting
him to be around.
*
What i worry is new ipo player saw his ridiculous tp will over confident and lose alot of money.

Whereas i already auto neglected his post.

I agree what @ChAOoz says "Sure angpow sure is those ipo promoters. Use by institutions to hype up a listing."
Maybe this is his job to promote ipo, and find water fish.

Coz few years ago i got receive unknown person whatsapp me to join KHJB (0210) KIM HIN JOO online meeting or something like that, to promote the ipo before its listing.
In the end, that ipo drop badly when listed. I believe his job is similiar.

But of course some ipo is good and some is bad,
Some he will get his so called "JACKPOT" and some wont,
his job is just promoting.

This post has been edited by sl3ge: Jan 29 2022, 03:34 PM

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