Sumisaujana Group Berhad is an investment holding company, while its subsidiary is principally involved in manufacturing of O&G specialty chemicals, trading of O&G specialty and industrial chemicals, and provision of related support services.

Listing Price : 0.24
Closing Date : 25 Mar 2025
Listing Date : 9 Apr 2025
PE Ratio : 11.32

This post has been edited by tnang: Mar 13 2025, 05:02 PM

LOOKS PROMISINGG like mini PCHEM

This post has been edited by IPO ADDICT: Mar 18 2025, 04:54 PM

Wait for some FV/TP~

care2. This one listing after raya, probly most people finished money for spending already. + Saliran is O&G also and failed yesterday. I would nt trust any IPOs in the near future

O&G is not doing good lately...

Market really uncertainty nowadays...

Better to wait & see first....

Don't forget World NO 1 Investor >> Tag line ?

Warren Buffett >>....?

" BE GREEEEEEEEDY when others ARE SHIVERINGGG " >> $$$$$

This post has been edited by IPO ADDICT: Mar 14 2025, 03:55 PM

not when it comes to IPO. that way of thinking makes sense if u invest for long term, since then u can buy for cheap then when things get better sell high. with IPO usual strategy is to purch IPO price then sell high. Quick cash and short term, compared to long term invest gains

probably everyone should boycott IPOs now .....

since 'boycott' is like the trend nowadays ....

then they should make some changes.

This post has been edited by Yipeegee: Mar 16 2025, 12:52 AM

Hmmm.....Don't be Pon***
BE RATIONAL please ...so far in 2025 ...only 1 anti-climax ( weird ) ( isolated case ) IPO P GLOBAL start trading with solid red while another 9 IPOs open NORMAL GREEEN

Specialty chemicals firm SumiSaujana gets Bursa's nod for ACE Market listing
IPO
Specialty chemicals firm SumiSaujana gets Bursa's nod for ACE Market listing
By theedgemalaysia.com / theedgemalaysia.com
11 Dec 2024, 09:55 am


SumiSaujana is mainly involved in the manufacturing of oil-and-gas specialty chemicals, trading of specialty and industrial chemicals, and provision of technical related support services. In 2023, the company made a net [size=7]profit of RM30.62 million on RM198.78 million revenue[/si

In 2023, SumiSaujana Group Berhad recorded a net profit of RM30.62 million on revenue of RM198.78 million, and is now aiming to raise RM74.4 million through an ACE Market IPO, with the proceeds allocated for acquisitions, expansion, and other purposes.

This post has been edited by IPO ADDICT: Mar 18 2025, 05:05 PM

IPO = I Pengsan Oh !

avoid industrial chemicals, their profit margin razor thin. See PCHEM kena slaughter, LCTITAN also slaughter

FV 25 % UP @ 30 SEN
solid co

1 more day guys. anyone applied/will apply?

Prepared to get slaughtered??

IPO recently don't looks good 😔

This post has been edited by nexona88: Mar 24 2025, 02:25 PM

very very big share........ i skip till find turning point

chin chai hamtam sikit mb can earn rm500
pon ok...can go eat oriental again

last day for sumi.
maybe this time i skip since looking at new listing all red color

Will take a rest until sentiment changes. Loss money on GLOBAL, LSH. Break even on DENGKIL

Will take a rest until sentiment changes. Loss money on GLOBAL, LSH. Break even on DENGKIL

Hi

What was last number for this ipo ?

Selamat Hari Raya to my fellow muslims.

A total of 5,512 applications for 206,640,400 Issue Shares with a value of RM49,593,696.00 were received from the
Malaysian public, which represents an overall oversubscription rate of 1.85 times. For the Bumiputera Malaysian Public
portion, a total of 2,601 applications for 80,838,700 Issue Shares were received, which represents an oversubscription rate
of 1.23 times. For the other Malaysian public portion, a total of 2,911 applications for 125,801,700 Issue Shares were
received, which represents an oversubscription rate of 2.47 times.

https://www.tiih.com.my/content/press_relea...ressRelease.pdf

https://www.tiih.com.my/content/press_relea...isAllotment.pdf

The oversubscribed rates is quite low...

Good luck everyone... Hope for the best 🙏

Surely ALL expecting " HI " Express Bus IPO ( RM 1.22 ) to be " slaughtered @ killed " liao....

See Express Bus IPO ...Bus Co proved that.... what..? .
even though KLCI index collapsed by 22 points...when Boss / Company spend pretty hard to GOLENGG it.. .even RM 1.22 sen IPO

turn out to be FANTASTIC IPO showing .. ....shame on you PGlobal / LSH &.....?

....while other BIG name co IPO just " let it be "....let it open trading RED & make it.... (1) Market sentiment & ....(2) foreign fund out flow

as easy scape goat....as long as they got listed & money revenue from IPO.. ...

SUMI IPO....? NO Woli ....even bas express co IPO performed well ...

what's more OIL & GAS / CHEMICAL SUMI ....as long as ?.....hmmm

This post has been edited by IPO ADDICT: Mar 29 2025, 07:55 AM

Damn this is one scary IPO. Hope for the best.

no lah...O&G should be fantastic

possible can fly to 0.50 cts

TOP 0.205 CENTD

Quite low

Open at 0.18 and still dropping

Already GG 😁

No write ups for this IPO ah ?

Trump set the price!

Now all FV must follow trump

Luckily no get this IPO.

every ipo go south
better buy on opening

Just stop apply any IPO temporarily 🙏

whoever hold must be strong.
too much damage on 1st day

Fuh discounted already. I think if want buy also need to careful. If can get some more discount even better. Medium term if can ride out this uncertainty SUMI should be good