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 IPO: Coraza Integrated Technology Bhd, Upcoming IPO - ACE Market

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SUSxander83
post Jul 17 2021, 10:03 PM

Blast off like a rocket
*******
Senior Member
6,427 posts

Joined: Jan 2003
From: Autobiography!!!
QUOTE(Solar Calendar @ Jul 17 2021, 09:22 PM)
RM 3 million profit company, barely profitable and want to list. Bravo.
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You have read in the wrong column as that was 2019 but PAT for 2020 doubled to 6.3million doh.gif

The problem with the listing is that’s major shareholder want to pare down his holdings and give ESOS instead of rumenuration to the staff

I foresee it’s gonna be another Ramssol heavy selling after 10am as the owner says and staff will cash out

EPS and DEPS is around 2 sen and 0.8sen will be horrible to buy into

Will see it listing around 0.28 dropping to 0.18 with FV probably around 0.15

 

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