racist topic aside, if my Senheng EIPO on Maybank2u stated "cleared" means what ah? just bought a bit see if get or not.

The higher public allocation for Bumiputera is because the MITI's allocation was not taken up due to, I believe, the the closure of ASB in Dec and their accounts were not accessible. Even the announcement by MITI on 22 Dec, at first, did show that many were unsuccessful. This was corrected a little later. I firmly believe that MITI's unsubscribed portion would have been fully subscribed if these things didn't happen, hence the public balloting would be of equal quantities.

Got 7k units. Don't know happy or sad now lol

Lim noted that Senheng is targeting dividend payouts of at least 30 per cent of the net profit attributable to shareholders.

nid to go all the sen heng outlet to chk whether those employee ada curi tulang or not , also nid to chk everything is nicely arrange so can attract more customer since we are now part of the boss, if u happen to see a staff sitting down playing hp , u must ask him to stop n go service customer...we also nid to input more idea to Sen Heng how to improve services and sales, end of the day semua win win situation.

abuthen how to reach rm4.88

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.

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?

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.

Basically you letting Fate decide laa.....

Your pro investor doesn't sound so pro. 

As it is, it's just a retailer which is trading at a rather high valuation.

Such a business model, the growth ain't easy. It's not easy and not profitable using the growth of new stores strategy....

Hence holding long term, might not help.

For example, that article again...

https://www.theedgemarkets.com/article/ipos...gs-fail-impress

That table...



see some of the BIG names...

Malakoff...  that listing is since 2015...  IPO price 1.80. Today 27/1/2022 price is 72 sen.

Is Malakoff a bad company? Maybe not... but holding on to the stock since listing hasn't done the investor any favors...

and ya... it pays decent dividends but even if you total it up....



it's still an investment lost since 2015....

how? Hold another 5 years?

See the point is... telling someone hold long term sounds so pro... so easy....

sometimes.... it just doesn't work.

So what you need to do is consider... how long do you want to hold? 5 years? 10 years?

What if after 5 years... and you find out that... holding this long term is not a good idea... and ya... the worst thing about this when it happens is, what if come 5 years, the stock is only worth 'say' 50 sen? Then how? Same decision time once again... but only difference is that you could be holding on to an even bigger paper loss!

That's the worst case...

of course... if nasib good.... who knows.... maybe in 5 years, this stock could be trading at 2 bucks!

The eps is supposedly just for the quarter Q3 2021. So the PE displayed on the screen isn't accurate and furthermore, that quarter is usually considered pre-ipo numbers (earnings before listing) and usually they tend to differ post ipo...

Ya... one of the many other dangers of ipo 'investing'...