IPO price means nothing actually.

My personal opinion, plantation stocks normally go up and down together due to the movement of CPO, so for me I would go for those old and established name that has showed good company management and showing good track of record one while big cap enough that fund managers need to put down the name into their list.

Don't mean this stock no good, just some personal opinion.

Competitiveness of a company has nothing to do with listed or no.

Not to forget that Maxis is a money making machine which generate billions of profit as well every year.
As long as the company cashflow is strong, and financial strong, list or no list make no different. In fact, listed means more hassle and troublesome paper work and job and not as flexible as pte for the company management actually.

It being privatised at Rm15.30 something like that. If the company owner wish to list back, he can still do it in the future. May be re-listed back at RM20.00 or elsewhere, then he make even more gain out of it.

You remind me about the deal Maxis put up last time after being privatised.

Soon after it being privatised, at RM14 or Rm15, a large chunk (about 20% or so) of the shares being offered out to some foreign investors (middle east investment arm) something like Rm20 or so.

Not quite remember exactly, some sort like that. He made money out of this deal!

You still have the shares, just it no longer listed and tradable in the stock exchange.

But delisted share as good as toilet paper.
Just like you have something but cannot be sold, then how much should it worth?

If one company is financial sound, cash rich, has access to capital market to raise capital through bond etc, it makes no different in term of company competitiveness.

Yes, because when the company become bigger, it makes sense to get cheap capital from the market investors through listing, also risk of company can be spreaded out.

But listing is not about making company to be known, making business doesn't need to be well known to the public.

I know where your arguement come from. It is quite common preception in the market but think deeper, it makes no or not much different, as it is the total amount you had invested that matter only.
But I don't know how you come out the 10% part, nvm, this is not important.

As response to your statement,
If one company going into private, it means the privatising party need to fork out at least more than current market price before it can be done, it is not 4400 gone. Maxis shareholders never lose a single cent out of it.

You are comparing with different method. 1 lot 4840 vs 10 lot or 100 lots amounted 380.

Let say you have 5000k in hand and meant to be invested, you either buy 1 lot (x100) of 4400 or 100+ lots at 0.38 equivalent. It is the amount of invested money that matter, not price.

Yes, more transaction give you chance to do DCA, but insignificant in a 4k trade, as you don't trade lower than 1 K per transaction or per day as min commission will kill you potential gain in the first place. If higher amount like 8K, then even at 44.00 you have at least 2 transaction can be made already.
Still amount of invested money dictates, not price.

Below although not related, but just for some information.
High price stock, why it is high in the first place? because they are good company that provide good return rate to the shareholder, that's why people willing to buy at that high price (excluding those being goreng one), while penny stock why it stays at penny for years and decade? because it can't deliver good return rate to the shareholders, so people not willing to buy at higher price, (excluding those low price because of splitting).

For previous resort case,

If you mean to invested 10K in resort, you buy 50 lot of 2.10 vs 10 lot of 10.50 (if resort never split it share), they are totally the same stock, same holding % in the company.

But I can bet people will say resort is cheap at 2.10 but expensive at 10.50 (if resort never split until now), but they are the same!

I can share my experience, I first traded stocks were KLK and PPB, both at around 7.00.

I am not against penny stock, just advise people don't look at low price means they are cheap and having more potential, it doesn't correlated.

Stock become too low price has its reason, stock price is not something just figure that moving up and down for fun.

If for short term trade and speculation, blue chips, potato chips or chocolate chips make no different, as you only trade the differentiate in the price, it is just like a gaming process or a computer game that you speculate the price movement only, whether it is ABC or XYZ stock, make no different, it is all about price movement only.

But previous statement I made is about long term investment, ie. you are actually investing in the company and aims for that company make profit for you and growth with the company.

The company is all about one person ie. its CEO.
Which people said it highly political linked.

Market doesn't like any company come out with expensive acquisition.

No comment nor any view this stock is good or not.

You can sell on 10 Dec which you already entitle for it.

Realistically, one should expect this market won't go up or down too far. It can be be range bound for months even up to year. Up too much, go down, donw too much, up back again.

Don't expect can make a lot in this market, it is a time frame that more on hold and wait while still can enjoy some dividend payout which is better than FD.

The auto-bailout fail to be compromised.

But it can have second round talk, remember the 700 billion TARP, also need 2 time to pass?

Also, Secretary Treasure can use the 700 billions to bail out auto as well. The 700 billion is a blank cheque after all.

According to report, without bailout money, it might be within week or weeks only.

Market especially Asian now already get use of those plunge in US, won't like last time out, even DJ plunged 500 points, Asian bourses generally loss about 2-3% as most foreign funds that want to 'cabut' one, already 'cabut'.

Because the UAW, or the union doesn't agree to take pay cut, they are willing to let the company goes into trouble or bankruptcy rather taking pay cut.

You want to become the market joker?

They just want them to ahve some pay cut to the level as same as other Japanese auto-maker only, but union doesn't agree according to the report/news.

Same one, buy and sell transaction has no different.

As long as done in the same day (morning + afternoon session), same stock, all transaction will be aggregated/accumulated as one contract.