congrats

u better take up the offer...

looks quite good company

At first, nothing is guaranteed when you applied except getting your money back eventually. Sometimes refund might delay, which happened in the past, but depends on the bank. But most of the time, the next day after balloting online banking would show result, followed by refund to you account.
I'm not saying must go all-in at every ipo, just stating the possibility to do so, if you want to increase your odd.

Already it shows ppl are not buying the story of the company is cash rich which is why relisting is suspect 🤦‍♀️

Also wasting money as who read newspapers these day 🤦‍♀️ they should spend the money instead on cyberspace rather than newspaper still old skool mentality

True also.... Have history of taking private.... As they like...

Old unker & aunties... Which is cash rich & debt free....
Since they also buys the products sold... So when see the ads... Oh need to apply the IPO 😁

The last few Bursa relisting are disappointments hence it will follow the history of another disappointment as well 🤦‍♀️

High PE valuations...

Selling vendors trying to milked the unsuspecting victims with the glowing IPO reviews 😁

These days even easier 🤦‍♀️ just paid some finfluencers to going around promote the IPO compared to old skool time when they have roadshows instead

well...

they going the traditional ways... which they know best

socmed influencers not their cup of tea

cloudpoint now available for public in m2u

ACE Market-bound Cloudpoint aims to raise RM40.4m from IPO

Cloudpoint which is an information technology (IT) solutions provider in enterprise and data centre networking, cybersecurity, cloud services and software application solutions said the demand for networking and cybersecurity solutions is set to increase further in the future.

The company said from the IPO proceeds of approximately RM40.4 million to scale and accelerate its business in the high-growth areas of cloud and cybersecurity, RM13.3 million will be used towards business expansion, including building a new security operations centre, enhancing the existing network operations centre and establishing a new public cloud infrastructure.

Meanwhile, RM15.8 million will be used towards working capital, RM7.8 million for office relocation and the remaining RM3.5 million for the listing expenses.

https://www.theedgemarkets.com/node/666138

CLOUDPOINT TECHNOLOGY BERHAD

Opening of application : 09 May 2023

Closing of application : 15 May 2023

Balloting of application : 18 May 2023

Allotment of IPO shares
to successful applicants : 25 May 2023

Tentative listing date : 29 May 2023

PE 23 is little high for me., now all the tech counter take turn to announce Q1 23 quarter result and seem not so good, or not as good as what have been estimated. share price may further down trend and industry PE may going to lower.

Who cares, buy low sell high. Opening price cheap enough 😂😂😂

Ace Market...
won't really go wrong

Not even buy 🤦‍♀️ you have to be lucky to be allocated for this IPO

buy cloud point or Edelteq?

why not both

just split your $$$

ya good idea.. rm10k each la. but end up cannot get 1 la, i have been buying ipo for 3 times since early this year, nvr success. i saw some ppl buying since last year more than 10 times oso failed.

all depends on luck...

sometimes even small amount also get allocated... meanwhile applied over 500k also failed many times

pure luck...

DXN probably very high chance of getting allocation this time

Tech sentiment kuat eh.. hoot