Come on in and complain.............

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




This post has been edited by Boon3: Feb 12 2022, 11:50 AM

Grab...52% down since listing in Dec last year.

Wow!!! Didn't realise that...

Yeah...

N popular wisdom in this Forum is investing in US market is the best!

Another one for the record

AAX.

IPO at RM1.25 in 2013.

8 years and 1 rights issue later, down to RM0.05

But yesterday jump to RM0.50! (10:1 share consolidation)

(Who is TF trying to fool?)

This post has been edited by Cubalagi: Feb 12 2022, 01:57 PM

Trading in the US mkt is so cheap: 1 popular US online brokerage firm is charging RM1 for trading. If KLSE continues to be in the doldrums, and the US gives better trading opportunities, gomen is going to ban US and overseas online brokerage companies.

This post has been edited by swiss228: Feb 12 2022, 02:01 PM

My own principle is never invest in negative operational cash flow company, especially ipo/spac types no matter what market.

Only do that if you are in the early VC crowd where you gain major upside for that risk.

But this principle also make me miss out super baggers like tesla tho. But its ok, be safe rather than sorry.

Some IPO especially tech stock is opportunity for pre-ipo investors to cash out rather than for public participation.

Same in US, same in Malaysia. Same throughout the world

all stocks ipo nia... and yes some will die...

nothing to see here...

In fact lost 3x pre ipo value and at the lowest post ipo as well lose 2/3

Imagine at the lowest at 3 sen

TF just consolidating in order to payout less dividends next quarter

Most recent KLSE tech stock, Coraza, did quite well

Yup, nothing to see until the next bunch of ipo punters lose big just like in SengHeng's IPO.....

yeah.

I remember in the 80s my classmate asking everyone to help his father with ipo lottery... those days can really win big...

nowadays I wait for big big discounts from ipo/euphoria peaks then consider...

Yup! Exactly. The IPO market is like a lottery. Even if one is lucky enough to strike the jackpot, there's nothing written in the wall that the lucky strike will even win money!
If bad cow luck, you strike a lousy ipo like SengHeng, one will end up losing money!


and yea... then of course, if one delve deeper, then there's the world of the discount for the big boys.

So far since 2021...

IGB Commercial... IPO price 1.00 Closing price on listing day 0.7
Swift Haulage...... IPO price 1.03 Closing price on listing day 0.96
SenHeng............. IPO price 1.07 Closing price on listing day 0.855




*sorry for error since IGB Comm IPO reference price is much complex*

This post has been edited by Boon3: Feb 13 2022, 05:19 PM

This one is not really RM1 offered to the public. in fact there was no retail offering.

Can see story here.

https://www.thestar.com.my/business/busines...e-price-concern

Actually this one at current price looks interesting to me. Will study.

This post has been edited by Cubalagi: Feb 13 2022, 01:25 PM

Thanks for the correction!

Now looks too complicate for me to count. Hohoho....


Anyway.... here's an interesting stat for stats lovers....

Most of the IPO stocks listed since 2021, on listing day, they tend to close LOWER than its opening price (15 out of 19 or 78.9%)



which means... if one is a betting person... on average, one tends to lose money if one buys the stock on its listing day!





* yeah... some will say 'screw the stats'....

Pre ipo investors cost is fairly significantly cheaper than IPO price. If there is no lock in period, many of pre ipo investors offload on the first day.