they have been tidying up the accounts since 7 years ago or more. some of my ex colleagues were approached to lead their IPO project 7 years ago. heard their accounts and operations super messy, throwing $ to hire people to help fix.

anyway, Tealive still got their fanbase. but of course now will get threatened crazily by mixue, chagee, zus etc.

but IPO just to open 25 more stores... what is 25 compared to the 800+ stores that they are having now. if they are good and strong financially, can open 25 extra stores easily. definitely majority of the $ will be used to service debt and the family is cashing out. they dont really have a good solid long term plan aint it...

they have been tidying up the accounts since 7 years ago or more. some of my ex colleagues were approached to lead their IPO project 7 years ago. heard their accounts and operations super messy, throwing $ to hire people to help fix.

anyway, Tealive still got their fanbase. but of course now will get threatened crazily by mixue, chagee, zus etc.

but IPO just to open 25 more stores... what is 25 compared to the 800+ stores that they are having now. if they are good and strong financially, can open 25 extra stores easily. definitely majority of the $ will be used to service debt and the family is cashing out. they dont really have a good solid long term plan aint it...

we dun buy, but our institutions will be forced to buy this shit

bursa is a fking joke

Tats y ipo now

If you know the history of Loob and why they went from Chatime to Tealive, you would stay miles away of this unethical company.

3 years old also know this is highly likely another pump n dump

before covid, this tealive already in the news hoo haa wanna ipo until today, even a normie would know what kind of book tealive is potentially cooking

bursa is a fking joke, still allow this kind of shit to list,  whole msia stock market is left with institutions circle jerking each other like a ponzi scheme without foreign investors

worst thing pmx "advised" them to reduce foreign shareholding and support local market, fking hell using national pension funds to play all these shits

Tealive business drop a lot dur to mixue betul kah?

3 years old also know this is highly likely another pump n dump

before covid, this tealive already in the news hoo haa wanna ipo until today, even a normie would know what kind of book tealive is potentially cooking

bursa is a fking joke, still allow this kind of shit to list,  whole msia stock market is left with institutions circle jerking each other like a ponzi scheme without foreign investors

worst thing pmx "advised" them to reduce foreign shareholding and support local market, fking hell using national pension funds to play all these shits