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 Radium Development Berhad (5313), Main Market

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xander2k8
post May 19 2023, 07:14 PM

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QUOTE(rappid @ May 19 2023, 06:56 PM)
πŸ€­πŸ€­πŸ€­πŸ™πŸ™ Sorry sorry guys over exited 😬😬
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Incoming bad signs as it will be easily be manipulated by any of those 12 holders πŸ€¦β€β™€οΈ

Expect it to be overwhelm with selling pressure
xander2k8
post May 20 2023, 05:17 AM

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QUOTE(tnang @ May 19 2023, 07:31 PM)
Is radium boss himself to make subsription look good for listing.
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Likely with his 12 elves πŸ€¦β€β™€οΈ as it can be seen those 12 are holding the bag on opening day

QUOTE(4IPO @ May 19 2023, 07:56 PM)
It will be worse than DXN & SenHeng
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It won’t be as bad as SenHeng but bad enough πŸ€¦β€β™€οΈ
xander2k8
post May 20 2023, 05:49 PM

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QUOTE(nexona88 @ May 20 2023, 12:00 PM)
Radium got VC funds to push ahhh???

Didn't see any?
Or I missed it πŸ˜•
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VC don’t go for Chinaman mentality companies πŸ€¦β€β™€οΈ unlike Mr DIY which proves them wrong with digitalisation throughout the company from the warehouse end

The only VC would go for construction if they can prove more on green building, mechanised and automation construction then it might be different story

But with property overhang getting worse particularly high rises and OPR effects no one will touch such companies for the moment
xander2k8
post May 20 2023, 08:56 PM

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QUOTE(nexona88 @ May 20 2023, 05:55 PM)
Any construction companies that going big with fully green technology in Malaysia???  Don't think I saw any.... Partial green building standards got lorh πŸ˜”
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KSK Land πŸ€¦β€β™€οΈ close to all their buildings are green tech standards while major players like UEM, IJM, IOI and Tropicana is catching up
xander2k8
post May 21 2023, 05:21 AM

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QUOTE(nexona88 @ May 20 2023, 10:07 PM)
Oh good to know πŸ‘Œ

Normally it's major players is the leading....

But this time it's like second tier one is leading πŸ˜”
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Small players can take the lead first because they are more nimble and easy to adapt compared to the larger players which takes longer time
xander2k8
post May 25 2023, 05:21 AM

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QUOTE(twim @ May 24 2023, 10:42 PM)
Radium need to report 100% increase in profit compared to previous year then can explode on ipo day..
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Not gonna happen even 10% is not possible with the current property situation πŸ€¦β€β™€οΈ just drive down OKR as you can see many Radium overhang along
xander2k8
post May 27 2023, 01:57 PM

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QUOTE(suilow1991 @ May 27 2023, 12:30 PM)
Dream on la. At worst also 40sen, roughly 20% below ipo price, may be can even open between 50-60 if got support the price.

Want to take senheng as example also opened 15% below ipo price only. Radium promoters still own 75% after issued new ipo shares, won't let you dump the floor till too low one.

Don't try to induce fear here.
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Worse case 38 sen but only 10% chance because 12 got big holders who holding and bagging the shares in the IPO application unless they start syndicate selling to push down the price


xander2k8
post May 28 2023, 03:12 AM

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QUOTE(twim @ May 27 2023, 05:52 PM)
How la ? Promoters enough ammo to supplrt shares or not ? But I agree difference is 2-3c fr 50c.
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Already enough when they holding the bag from IPO πŸ€¦β€β™€οΈ unlikely to pump unless some big white knight comes along

QUOTE(LuckyBai @ May 27 2023, 07:06 PM)
Why would investor subscribe to this IPO given Radium has a problematic project in Cheras that is hanging here and there at high court, which don't even know if they will be able to continue to proceed with the service apartment construction
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That is why they are so desperate promoting with open house earlier πŸ€¦β€β™€οΈ a lot of ppl know when you can see tonnes of the finished units having massive overhang along OKR for long time already
xander2k8
post May 28 2023, 11:20 PM

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QUOTE(LuckyBai @ May 28 2023, 09:29 AM)
I bet when they do not disclose the problematic Cheras project in the prospectus to misled others just like when they were selling the project to the public last time. IPO is usually showing all the good stuff, not the bad stuff
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I bet they even timed it well to apply for the ipo 1st πŸ€¦β€β™€οΈ before the problematic appears

The bad stuff you got blame SC and Bursa for not doing their due diligence before approving the IPO πŸ€¦β€β™€οΈ
xander2k8
post May 29 2023, 04:15 AM

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QUOTE(IPO ADDICT @ May 29 2023, 12:01 AM)
Noted

Smell  a RAT on this over value Radium
Many bet to open 40 sen & due to  very heavy selling pressure...to further down to hit bottom 30 sen and closed 31 sen.
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Unlikely to open that low πŸ€¦β€β™€οΈ unless those 12 bag holders from IPO is selling at one go but they would be testing waters for 0.48
xander2k8
post May 30 2023, 05:35 PM

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QUOTE(kb2005 @ May 30 2023, 08:56 AM)
Today it should be Edelteq but the CEO screwed up!
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Not the CEO screwed up but the other parties raise the suit πŸ€¦β€β™€οΈ

In fact the delay is a blessing in disguise which makes it better time next week for IPO rather than this week
xander2k8
post Jun 1 2023, 12:36 PM

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QUOTE(twim @ May 31 2023, 09:15 AM)
bot at 39c..punt punt punt
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Still holding at 38 and you still punt?

QUOTE(nikazwa @ May 31 2023, 12:26 PM)
When the new public issues is large...the ipo is heavy...difficult to fly..btw the evaluation can help us to make a better decision
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When it is so large and no mythical institutional buyer πŸ€¦β€β™€οΈ how to fly and now all bagging losses

QUOTE(tomjason @ May 31 2023, 04:50 PM)
he is big player...he got 10millions unit....sekali untung ratus ribu punya..tapi sekali rugi..also ratus ribu..i hv informed him..down buy radium,dxn,snergy..
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Your friend is just basically gambling on every single IPOs πŸ€¦β€β™€οΈ later when a few more losses then he will feel it one
xander2k8
post Jun 14 2023, 11:30 PM

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QUOTE(Chanzeryl @ Jun 14 2023, 04:53 PM)
user posted image

So fast kena sued by unhappy purchasers already bye.gif
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No wonder so many units empty πŸ€¦β€β™€οΈ not suprising because buyer unhappy about the entrances when they are ones who signed SnP without checking on it πŸ€¦β€β™€οΈ unlikely Radium will lose on this case unless it is OHS issue
xander2k8
post Jun 15 2023, 05:13 PM

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QUOTE(kb2005 @ Jun 15 2023, 08:47 AM)
Today will drop further!
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Barely even moved today πŸ€¦β€β™€οΈ what drop you talking when those ipo bagholders are still holding proxy for the owners
xander2k8
post Jun 17 2023, 06:56 PM

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QUOTE(nikazwa @ Jun 17 2023, 01:29 PM)
Many ipo investors suffer badly from radium ipo...we just pity them..not easy to get back the money from other ipo..because when we lose big it take out the capital
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Those who holding big are not investors πŸ€¦β€β™€οΈ they are just proxy for the owners
xander2k8
post Jun 18 2023, 03:08 PM

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QUOTE(nikazwa @ Jun 17 2023, 08:40 PM)
But they applied through bank..means their money had been deducted from their bank accounts...later they acquired almost 30mil units of shares
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Doesn’t matter because the money it is not theirs are anyway because the proxy holder πŸ€¦β€β™€οΈ do you know how proxy holders make monies from ipo
xander2k8
post Jun 26 2023, 05:21 PM

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QUOTE(Darkmage12 @ Jun 25 2023, 12:21 PM)
DBKL will have to acquire the land.
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Remember at cost and refund back to the developer πŸ€¦β€β™€οΈ because the land was previously owned by them
xander2k8
post Jul 4 2023, 08:17 PM

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QUOTE(Gold_Moderator @ Jul 4 2023, 04:10 PM)
Better sell and invest to more profitable. Nvidia, apple quite good. At least can stand for forex loss RM
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Good luck buying at the current prices πŸ€¦β€β™€οΈ when the trade war heats up again soon and recession coming after election 1st one to sink now at the prices

 

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