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 IPO: IPO stocks can die one!

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icemanfx
post Feb 12 2022, 03:16 PM

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QUOTE(Cubalagi @ Feb 12 2022, 12:44 PM)
Grab...52% down since listing in Dec last year.
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Some IPO especially tech stock is opportunity for pre-ipo investors to cash out rather than for public participation.

icemanfx
post Feb 13 2022, 02:28 PM

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QUOTE(Boon3 @ Feb 13 2022, 12:36 PM)
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
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QUOTE(Boon3 @ Feb 13 2022, 02:22 PM)
laugh.gif laugh.gif

Thanks for the correction! biggrin.gif

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%)

user posted image

which means... if one is a betting person... on average, one tends to lose money if one buys the stock on its listing day!
laugh.gif  tongue.gif
* yeah... some will say 'screw the stats'....
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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.

icemanfx
post Feb 14 2022, 12:41 AM

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QUOTE(xander83 @ Feb 13 2022, 11:58 PM)
Not the market but blame those investment banking and market listers who just hype pre iPo prices to trap the retail and while exiting a massive profit  doh.gif
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Retailer is at the bottom of food chain.

 

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