RM1.35.. repeat same mistake as Senheng?

yea the price is high.. anything above RM1 for Malaysia IPO is risky liao.

Only buy if you know how to calculate its fair price via current financial reports, and feel that 1.35 is fair value (i'm guessing it's overpriced).

based on the breakdown, they're planning to expand overseas which is a good sign.

whether or not that will be successful then is another gamble.

It is by random chance. So doesn’t matter how much you put in.

But remember if the IPO falls on first day, you’ll end up lose more money.

My own real life example:
I bought senheng IPO for 1.07. On day one it fell down to 90 cents. I stop loss at 88 cents. Today the price is 85 cents and going lower. So yea lost a few hundred bucks with 2k investment. If I put in 10k, losses will be even more.

Exact losses for my senheng: 2000 units x 1.07 = RM2140
On day I sell coz I saw price keep drop: 2000 units x 0.88 = RM1760
Loss of RM380

No one can tell exactly how the market will respond once stock is listed on first day. If you can take the risk then go ahead. IPO is like gambling. I’d rather wait for price to stable first (after listed) before going in. IPO can either drop a lot, or go up a lot on first week itself after listing.

This post has been edited by Davidtcf: Mar 4 2022, 06:07 PM

I also like their fresh milk. But still skeptical. Will wait after first week IPO launch to decide.
That time we'll get more data and see how the market performs.

I think they are addicted to the thrill of buying IPOs..

Macam betting in casino.. all in see whether can win or not

guess the betters lucky this time.. stock price keep go up: https://klse.i3investor.com/web/stock/overview/5306

business model unique I guess, only vendor selling real fresh milk in the markets.

This post has been edited by Davidtcf: Mar 22 2022, 10:40 AM

means didn't get.. check the status of your IPO.
You will get back the refund of the money you've paid for it if unsuccessful.

This post has been edited by Davidtcf: Mar 22 2022, 11:01 AM

if you can see the future only can confirm that..

but yea still too soon to say whether will up steady or drop.

check the CDS account you entered.. it will point you to the broker that you've registered it in. The stocks will go there.

this video good for long term investors on when to buy and sell:



question you have to ask yourself, is the company biz model still viable? do you have faith in the company?

can also set to sell at XX price if you scare to lose too much after prices stabilize due to this being a new stock launch.

This post has been edited by Davidtcf: Mar 22 2022, 11:49 AM

then time to contact your broker see if they can help. Provide them any documentation and proof that you have.

to those sifus, please advise if my calculation is correct or not:

73,900,000 x 0.25 = 18,475,000 (estimated dividend of 25%)

Earnings per Share=
Net Income − Preferred Dividends/
End-of-Period Common Shares Outstanding

73,900,000 - 18,475,000 /
1,860,000,000 = 0.0297983870967742

---------------

P/E Ratio=
Market value per share/
Earnings per share

1.70 / 0.0297983870967742
= 57

---------------

Total PE ratio now for FFB is 57%,
Good PE ratio is around 20-25%. At 25% means this stock as of today should worth 80 cents only.

total shares 1.86 billion, and dividend of 25% I got from here: https://www.theedgemarkets.com/article/farm...adjusted-profit

net income from this page (requires free registration): https://simplywall.st/stocks/my/food-bevera...had-shares#past
(cant find other source)

Formula:
https://www.investopedia.com/terms/e/eps.asp
https://www.investopedia.com/terms/p/price-earningsratio.asp

This post has been edited by Davidtcf: Mar 22 2022, 05:00 PM

Thanks for feedback.

If they really do well with their overseas expansion then stocks will really fly that time 👍

But for sure will do better than Senheng.. They have long term vision of how to expand. Product is unique and biz model hard to copy.

Yea that is the tricky part. How to execute and make sure sufficient number of cows needed for Asian market alone is a big headache already. Milks need to be delivered fresh daily and need to have sufficient demand too.

Google "ffb price klse"

now dropped till 1.66

went back up to 1.70
at this point it is gambling whether will up or down

drop back to 1.66

They need to show solid financial growth before can push to that price.