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Senheng New Retail Berhad (5305), Main Market
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Cubalagi
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Jan 14 2022, 02:01 PM
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QUOTE(Davidtcf @ Jan 14 2022, 01:21 PM) happy la.. if I know earlier should apply for moar.. just need wait for right price then sell, insta money making. or can just hold on see future what it will be... maybe it's a high dividend stock in the making. edit: wah dividend payout of at least 30%? Is it even possible according to their net profit? Sos: https://www.thestar.com.my/business/busines...675mil-from-ipoDon't confuse payout ratio n dividend yield..
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Cubalagi
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Jan 26 2022, 11:25 AM
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QUOTE(Davidtcf @ Jan 26 2022, 10:50 AM) thing I dont get is, during IPO listing it was oversubscribed by 10.4 times: https://www.theedgemarkets.com/article/senh...ibed-1044-timesBut 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.. Sabotage? Lol Never heard of cut loss?
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Cubalagi
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Jan 26 2022, 11:26 AM
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QUOTE(Boon3 @ Jan 26 2022, 10:55 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. AAX even more best example..RM1.15 IPO
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Cubalagi
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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. This is how Malaysian IPO game is played Lottery if u can get then sell as quick as possible.
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