Those bought earlier at 0.8x would be crying

I'm curious. Is everyone here already bought SENHENG share? Regardless of price.

I sold mine already at 0.88. I think many here have sold them too to stop loss.

I only bought 2000 stocks so losses not that big. Cant imagine what others would go through if they bought a lot more.

History have shown that this share is to stay away since earlier flop and delisted

Business is not that great as what they project to th3 investors

Senheng really list before?
Cant cant find the record

Long time ago back in the mid 2000s

It's really dumb of them to aim for short term insta profit. I bet many of their investors who got burnt is gonna boycott them for life after this. Some might even barged into their shop and give them a good scolding.

Hope in future no other malaysia companies overpriced their IPO. Bursa could have prevented this from happening also by placing some regulations. Pricing cannot above X% of fair price of stock for example. Based on the account books of the company currently.

but many ppl bought despite way above fair price

No such thing for Bursa to prevent such thing as it free capital market otherwise who is gonna invest in Bursa

If you wanna blame, blame on the listing investment bank that’s they hired who super float the valuation above the fair value and those silly investors who buy on without doing proper due dillegence as they are just bl8nded and lack of knowledge

It was NEVER listed before

Yup, simple web search would show that what was listed was Hock Sin Leong. It was listed 2002 and delisted on 2011.

https://www.theedgemarkets.com/article/hock...listed-thursday

I also boycott them.

This post has been edited by sl3ge: Feb 3 2022, 10:13 AM

So these many people who bought it have trust in SENHENG then?
So why do they trust SENHENG?

what i know is in share market, it goes up and down no matter how good the company is.

Branding and euphoria

institusi,sindiket dalam negara dan dari luar negara bersama² jerung shj mampu meriahkan klse

This is the first time Senheng listed on bursa not delist n relist

Where you check the PE ratio? I checked Senheng PE Ratio only 28x, not 120x wo

saw it at Mplus broker.. maybe not accurate for that.

still many say it's overpriced. Can check here too for their analysis:

https://simplywall.st/stocks/my/retail/klse...l-berhad-shares

Someone wrote this great article about Senheng IPO. A good read:

https://klse.i3investor.com/m/blog/philip2/...Senheng_IPO.jsp