Mar 15 2024, 09:28 AM
QUOTE(Baik @ Mar 12 2024, 07:17 PM)
Was waiting for this IPO but it seems too overpriced, overweight.
To raise RM1.5b for 1.428b shares = 15% of total shares
Total shares 8.4b
Price should be about/above RM1
only offer 15% instead of minimum 25% public ownership.
#tayor
I did my calculation the company shud be valued anywhere between 10b-12b. To raise RM1.5b for 1.428b shares = 15% of total shares
Total shares 8.4b
Price should be about/above RM1
only offer 15% instead of minimum 25% public ownership.
#tayor
11b x17% around 1.9b put on ipo equivalent to RM1.26/unit. The attractiveness of this stock should be based on its capability to expand out of malaysia. if only malaysia not interesting
This post has been edited by jyll92: Mar 15 2024, 09:40 AM
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