Seems like this one gonna be a hot one

Limited shares allotted to public 🤦‍♀️ especially growth industry

Yes very little alloted plus mostly given to ESS hence it is hot stock for sure

Easily within 1st week will hit past rm0.50

Sales and Management office and if you noticed the BMW and Mercedes car park in front those are the bosses car

Why on earth do you need a nice office when the company underperform badly 🤦‍♀️ ie Sapura

As long as the company if performing doesn’t matter the office because later in future they would relocate a better one in future

Yeah look at Sapura and Serba Dinamik with their nice own offices and what happened now 🤦‍♀️ which is why management team is more important than where the office is

What is so suprising 🤦‍♀️ the pic above is not real because it is artist impression of their new construction for their office and factory 🤦‍♀️

Before or after listing?

If before definitely will be brushed up to make it look stunning

Only if you have the money 🤦‍♀️ to push up otherwise you can’t earn

With this company with smaller base of units it is easy for it to fly past 0.38 within 3 days of listing

Not even high risk 🤦‍♀️ this is good company 🤦‍♀️ compared to Radium which is even more higher risk with property overhang

Read in page 4 of this thread 🤦‍♀️ a few in there

Take Profit if you are smart enough 😂

Won’t suspend one because it will look bad to SC 🤦‍♀️ because they didn’t proper due diligence before approving the IPO

Sometimes small company as higher profits due to costs efficiency 🤦‍♀️ so don’t ever look down on small company as they will bring you more gains or losses depending on how smart you pick those stocks

Patience because the table will be more complicated due to high oversubscription 🤦‍♀️

Unlikely 🤦‍♀️ because it will reflect badly on Bursa and SCC for their negligence in doing their due diligence

Wait for Monday for the table instead

Just finish US market trading this week a good week because ATH and RM depreciation more 👏 my apple shares up 50% already thanks to RM depreciation

Nothing will happen personal civil dispute 🤦‍♀️

Half withdraw 😂

Postpone so that bad news will dissipate 🤦‍♀️ then reliant with good news abound

Confirm will settle one because the previous employer just want face not even money 🤦‍♀️

1stly it is civil suit against the said person 🤦‍♀️ hence personal case not suing the company

Company fundamentals are good but however now marred by this issue and there should objections raised even before the ipo was made public 🤦‍♀️ hence Bursa and SC failed in their due diligence

It will affect but unless you know how the board the decision making any major decision but unlikely to be major Napoleon like SB 🤦‍♀️ because SB board kow tow to Karim 🤦‍♀️

Agreed because Mi took them years to file the suit while claiming sort of drama behind the scenes 🤦‍♀️ Bursa would have already put a stop on the application if any suit or court charges was filed as claimed by Mi 🤦‍♀️

Agreed fundamentally sound company just that others jealous pouring cold water now 🤦‍♀️

Bursa and SC won’t do anything 🤦‍♀️ because it shows failure from regulatory standpoint and they need to save face

Just don’t bother with his TP and analysis 🤦‍♀️ all out especially on new hot IPO particularly DXN 🤦‍♀️

Make sure do your own diligence with some research on those local analysts covering those sectors with their research report is the best way for you to make sound decisions 👏

Nicely written and now those with sound head 👏

Yeah the way they handle it is commendable showing that he is confident that other party 🤦‍♀️ is so jealous

As I said earlier good company with good prospects and I am sure you will get your allotment 👏

Mi doesn’t want the shares but it is vandetta against that person 🤦‍♀️ and now they look like sour grapes when disclosing this

Wait for court case and more to be revealed what actually happened

How many IPOs in the process and what is capital outlay in the 1st place? 🤦‍♀️ Not lucky but willing to risk it