2.18x

All who applied sure get one..Congrats

No lah....under stand Mathematics 101 ...?

Be critical with numbers

it's ALL over subscribed liao ...some will get empty handed

read carefully the press released

This post has been edited by IPO ADDICT: Jun 27 2024, 02:59 PM

...this is a JOHOR Government GLC / JCORP
Ex- KULIM counter which was taken private @ RM 4.10 5 years ago

Rising Demand for Johor's Data Centre
Closed to Singapore too

7 corner stones including KWAP ( Govt PENSION FUND - Kumpulan Wang Amanah Pencen )

"A total of 7 cornerstone investors have subscribed for an aggregate of 325.4 million IPO Shares or approximately 40.8% of the institutional offering, while the remaining IPO shares available for book-building received an overwhelming demand from Malaysian and foreign institutional and selected investors representing an oversubscription rate of 4.19 times."

see.....

This post has been edited by IPO ADDICT: Jun 27 2024, 03:06 PM

analyze the table...around half @ 50 % got empty handed

Only Institutionals ( local + foreign ) >> " know better " $$$$$

This post has been edited by IPO ADDICT: Jun 27 2024, 03:15 PM

BUMI Public very cautious with JPG. Only 3184 people subscribed and got.

Surprisingly, no overflow from MITI allocation.

Meaning, all balance from MITI already kena sapu. Many individual rejected allocation from MITI.

#tayor

46.55% of getting allocation

what to expect.. .
hmmm...they prefer...sorry to say the cap ay*m IPO around 30 sen
BTW not all got allotted ALL shares applied ...for ex apply 6K & above - only given FRACTION of it ...

Apply 100 K , given 50 K only....

Smarter institutionals ( local & foreign ) know Better - about the " Value Investing "

see one crucial thing...never before this , any IPO released the " The Press release / table " around 2 -3 PM......so daring liao this JPG IPO ..GREAT sign

This post has been edited by IPO ADDICT: Jun 27 2024, 03:59 PM

fuyoh almost 50% dapat
ini kali either makan besar or makan bubur
wah lu punya EPF is also one of the cornerstone
dunno ada kena corner bor

Saya baca kat blog, semua bumi dapat peruntukan, cuma kalau mohon 200lot, akan dapat 70, mohon 50 lot apat 33lot' Adakah ini betul?

Attached File(s)
 MIH642_BASIS_JPGB.pdf ( 43.1k ) Number of downloads: 182

what to bother about that " peanut 25 million " ....after all it's oversubscribed too...

what is much more important is this ....

"A total of 7 cornerstone investors have subscribed for an aggregate of 325.4 million IPO Shares or approximately 40.8% of the institutional offering, while the remaining IPO shares available for book-building received an overwhelming demand from Malaysian and foreign institutional and selected investors representing an oversubscription rate of[B] 4.19 times."

This post has been edited by IPO ADDICT: Jun 27 2024, 04:49 PM

Congratulations

Near 50% successful rate...

If not allocated... Really no luck yo.... Mandi bunga / pray2 lorh

Good thing or bad thing ah if got allotted. So low the over subscription rate.

Maybe already expected open lower than ipo price so better buy open market. Haha

seems that those local retailers were so afraid didn't apply - most likely now regretted liao... especially after reading about the institutional fantastic response on this JOHOR PLANT IPO....

see that smart institutional@ local n foreign who know better about VALUE IPO was so hungry @4.2 X....+ already wallaping 325 + millions share under corner stone .

BTW TA gave FV RM 1.06

With IPO madness + premium 25 % >> FV RM 1.32

seems that those local retailers were so afraid didn't apply -( hmmm...they are in love with around 30 sen IPO ) most likely now regretted liao... especially after reading about the institutional fantastic response on this JOHOR PLANT IPO....

see that smart institutional@ local n foreign who know better about VALUE IPO was so hungry @4.2 X....+ already wallaping 325 + millions share under corner stone .

BTW TA gave FV RM 1.06

With IPO madness + premium 25 % >> FV RM 1.32

This post has been edited by IPO ADDICT: Jun 27 2024, 07:51 PM

Maybe they saw the previous performance of Prolintas IPO 😋

Yes, not apple to apple comparable.... But both have little similarities 😁

hmmm...

BTW... opportunities gone for making easy $ especially during this IPO madness

Proven >> smarter Insitutional ( local & foreign )

This post has been edited by IPO ADDICT: Jun 27 2024, 09:07 PM