25 cents stock 8X oversub? Luckily not apply!

hope jangan jadi KAYU merah

seems to be BOTTLE NECK EXODUS on debut....

pssttt....Senh*** 2.0

advice fell on " de*f ears "

This post has been edited by IPO ADDICT: Oct 3 2023, 05:49 PM

Yes. It's don't look good...

But still better than others expected....

Not 100% allocation... but average higher than previous IPOs

If you look at the table, they know how to adjust. So 8x is very low to me. Hope nobody losing money on listing.

Endless possibilities

Higher chance of losing money... but how bad... anyone guess ...

All the best...still over subscription..hope the best

This post has been edited by nikazwa: Oct 3 2023, 07:19 PM

hmmm....some are " sweating " now even Oldbies

Even not getting the IPO / Not allotted is considered a Blessing ...

This post has been edited by IPO ADDICT: Oct 3 2023, 08:05 PM

this IPO not the best but should have some gain on IPO day. congrats to those who get.

Yes. Still oversubscribed but the percentage not very impressive even the IPO price is 25c only....

i think part of the reason was it crashes with MINOX IPO deadline, two choose 1. Should still making money for those who got it.

After all >> The Micro Economics of the Demand & Supply is very crucial
especially on the listing day@debut ....

Unitrade IPO as a reference ....
Retail Senheng too

BTW All the Best
hmmm wish me Luck $$$$$ too

This post has been edited by IPO ADDICT: Oct 3 2023, 08:32 PM

Take note also that the no of sharea offered to the public is 40 millions which is about double of the average number for ace market.

The number of applications also plays roles...

Looks like less compared with some other IPOs

https://www.freemalaysiatoday.com/category/...bound-ssf-home/

PETALING JAYA: Apex Securities Bhd has placed a “subscribe” recommendation on SSF Home Group Bhd at 25 sen as the group prepares to debut on the ACE Market of Bursa Malaysia, with a target price (TP) of 34 sen.

The TP was determined using a price-earnings ratio (PER) of 15 times the group’s projected earnings per share (EPS) for the 2024 financial year (FY2024) of 2.3 sen.

This post has been edited by ronnie: Oct 4 2023, 08:55 AM

Synergy house has similar business with sff homes
....current price 0.43 with pe 23.8.

see who is the underwriter, M&A. IPO day will above ipo price for sure, question is how much gain only.

Got allotted. Listing date 12 Oct?

Out of the 40 millions public allocations
50% goes to bumi
50% to non bumi

Refunded into my MBB acc already