la use the right word la.. just went down abit then it's collapsed in yr book.. apa la. steady sikits.

going down under fast

As much as 27 % loss at low 23.5 sen
Worst than senheng
Infact the bursa worst ipo in 20 years

the scary part is.. not only 27%
its the 100% allocation!!!!

Open at 0.265 and did recover to 0.290 after a low of 0.235 (just a few lot done here) and rebounce to the high 0f 0.295(just a few lot done at this level). For IPO I think this is very bad. They just got the timming very wrong.

If I still have the stocks now .
I will sel at 0.280/0.285 now and buy back at 0.260 later

100% ALLOCATION- thats the scary part.. all those apply IPO hv no intention to keep

Bad ipo for 2022...just run

Another great discount on listing day. 😁

Wasting time n money apply...IPO
Can get 27 % cheaper below ipo price like today unitrade

Yes
I think should get out today
I don't think it will recover later days

All got burnt by this Killer IPO

Got burnt hard lol...Dont know what else to say

Sorry to those who got badly burnt today. Your losses are others gains 😅.

Spicy lesson to IPO Addicts
" Reward " from a Killer IPO

BTW thanks to TA Securities Warning by giving below IPO TP but advice fell to many deaf ears .

This post has been edited by IPO ADDICT: Jun 14 2022, 01:01 PM

Who is the others other than the "OWNER"

Thanks to Yew Lee, LGMS and SFP, I got no more bullets left to apply Unitrade, thus escaped this slaughterhouse

Others here are obviously people who didn't manage to get the ipo but yet can buy in open market at a steep discount and earn some "duit kopi".

This post has been edited by soniz: Jun 14 2022, 06:36 PM

Today closed at 0.285 down 0.015. I think this is still high and will continue to slide in days to come.
For example today no swing at all just a oneway down.
I think major share holders had start to sell. I tested buying 3 times at different time and I got it from the same broker. an indication that that broker is selling a lot.
Maybe a good time to run before lossing more.