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106 comment(s). Last comment by jOe_bangsar 2017-08-01 14:34

linges

2,668 posts

Posted by linges > 2017-06-30 20:53 | Report Abuse

8.00 to 6.50...this is ridiculous..

If investor happily subscribes at 8.00...they may got 1.50 atas angin..

Wondering cornerstones agreed for 8.00 at first place..

limch

2,898 posts

Posted by limch > 2017-06-30 20:58 | Report Abuse

Better have statistics how many gain from high price IPO(above RM 1?) past 5 years. Is it more gainers or losers? Many fearful insiders con job. Say good during IPO but can turn after 1-2 years.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-06-30 21:02 | Report Abuse

There is no official announcement yet from Lotte Chemical Titan Holding Bhd in Bursa Malaysia Website. If true, MIH should refund our application money immediately (by Tuesday 4 July 2017) for us to reapply at RM6.50 before a new closing date.

MrPauper

1,031 posts

Posted by MrPauper > 2017-06-30 21:29 | Report Abuse

i don't think there will be immediate refund

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-06-30 22:31 | Report Abuse

Never mind. I will call MIH Monday morning to find out the latest development and the procedure they will carry out shall there be a relaunch at RM6.50.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-07-01 20:43 | Report Abuse

I think it is better to change the issue price from RM8 to RM6.50. The image of LCTITAN has already been tarnished by this issue.

smartly

6,379 posts

Posted by smartly > 2017-07-01 21:52 | Report Abuse

8 is too pricey !!!
no one want to apply

smartly

6,379 posts

Posted by smartly > 2017-07-01 21:53 | Report Abuse

6.50 more reasonable. this will attract more applicants

smartly

6,379 posts

Posted by smartly > 2017-07-01 21:54 | Report Abuse

6.50 will change appetite from under subscribed to over subscribe

smartly

6,379 posts

Posted by smartly > 2017-07-01 22:05 | Report Abuse

6.50 is around PE of 12sen. look reasonable

xiaoxiami

331 posts

Posted by xiaoxiami > 2017-07-03 12:19 | Report Abuse

Any update ? Is it all speculation ?

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-07-04 14:26 | Report Abuse

Malaysian Issuing House Sdn Bhd ("MIH") wishes to announce that following the completion of the bookbuilding process under the Institutional Offering by LCT, the institutional price has been fixed at RM6.50 per IPO Share. Accordingly, the final retail price for the IPO Shares under the Retail Offering has also been fixed at RM6.50 per IPO Share ("Final Retail Price"). As the Final Retail Price of RM6.50 per IPO Share is less than the Retail Price of RM8.00 per IPO Share which was paid in full upon application under the Retail Offering, a refund of the difference being RM1.50 per IPO Share shall be made to successful retail applicants, without any interest thereon.

A total of 7,386 applications were received for 32,023,700 IPO Shares under the Retail Offering for Malaysian Public. In addition, the unsubscribed shares under the Retail Offering of 21,267,800 IPO Shares, which were underwritten by the Joint Underwritters, were clawed back and reallocated to the Institutional Offering as set out in the Prospectus of LCT.

All Notices of Allotment for the IPO Shares will be mailed to successful applicants on or before 10 July 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5476669

Dated 4 July 2017 12:30 pm

Posted by omightycap > 2017-07-06 13:44 | Report Abuse

Investors that followed us for the subscription. This is a note of advice from us.

https://omightycap.wordpress.com/2017/07/06/follow-up-on-lotte-chemical-titan-ipo/

peng01

61 posts

Posted by peng01 > 2017-07-06 17:24 | Report Abuse

If day 1 drop a lot, and u still wan to invest in this counter,
buy back same qty at lower price.
then send back the form for sell back to lotte at rm6.50
And now ur lotte ipo price is lower than all institutional investor !

but i think if day 1 drop,. all retail will mail the RM6.50 form

Superbjet

52 posts

Posted by Superbjet > 2017-07-06 17:52 | Report Abuse

I applied thru CIMB e-IPO. Today i received a refund from them (RM1.50/share) without signing any form

sogeking

228 posts

Posted by sogeking > 2017-07-06 18:35 | Report Abuse

Same here. I already get the refund. No form also

riaz

160 posts

Posted by riaz > 2017-07-09 17:27 | Report Abuse

R.I.P

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-07-09 17:38 | Report Abuse

why R.I.P? no reason? or u no money invest jealous?

Alex Foo

12,581 posts

Posted by Alex Foo > 2017-07-09 17:44 | Report Abuse

when open ah? mon or tue?

Edonald

65 posts

Posted by Edonald > 2017-07-09 18:09 | Report Abuse

monday

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-07-09 18:12 | Report Abuse

Monday is advancon lah tues is lotte,dunno also chin chai post

Posted by LearnFromMistake > 2017-07-09 18:16 | Report Abuse

If all ppl ask refund, 2nd day jump up to rm9, how? Can cancel the refund?

smartly

6,379 posts

Posted by smartly > 2017-07-09 18:25 | Report Abuse

sure above RM7 opening bell...

smartly

6,379 posts

Posted by smartly > 2017-07-09 18:26 | Report Abuse

i think at least RM8 above to be reasonable...

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-07-09 18:27 | Report Abuse

dreaming ar RM 9? If RM 8.00,i straight away take the ballot form and vote for BN....hahaha

xuewenapeng

1,144 posts

Posted by xuewenapeng > 2017-07-09 20:25 | Report Abuse

see this stock at 5.50 soon

xuewenapeng

1,144 posts

Posted by xuewenapeng > 2017-07-09 20:26 | Report Abuse

BN no !money Liao better run from stocks market

xuewenapeng

1,144 posts

Posted by xuewenapeng > 2017-07-09 20:26 | Report Abuse

or you can vote for PAKATAN RAKYAT IN the GE14

chkhooju

1,706 posts

Posted by chkhooju > 2017-07-09 22:26 | Report Abuse

Be realistic!

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-07-09 22:35 | Report Abuse

RM 5.50? can u sell for me at RM6.00? what a sorchai....hahaha

ruslimz

1,609 posts

Posted by ruslimz > 2017-07-10 07:42 | Report Abuse

Already in CDS........ready to ramboooooo tomorrow.......

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-07-10 09:45 | Report Abuse

public invest TP for advcon is only 78.5cts now 81.5cts, public invest TP for LOTTE is RM 7.72,hopefully RM7.80

smartly

6,379 posts

Posted by smartly > 2017-07-10 09:52 | Report Abuse

RM8 lai liao.... :)

Malaycake

24 posts

Posted by Malaycake > 2017-07-10 09:59 | Report Abuse

How come mine is not in CDS yet?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-07-10 10:12 | Report Abuse

yours not in cds from kenanga?

ruslimz

1,609 posts

Posted by ruslimz > 2017-07-10 10:40 | Report Abuse

RM1.00 = RM100,000.......

Malaycake

24 posts

Posted by Malaycake > 2017-07-10 12:27 | Report Abuse

public b

Malaycake

24 posts

Posted by Malaycake > 2017-07-10 14:40 | Report Abuse

I did a mistake I think I use a nominee account to apply for Lotte IPO in Maybank2u. I don't think it is ok now. Any advice?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-07-10 14:49 | Report Abuse

ask ur remisier the stock have been credited to your a/c? cos my one all in already

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2017-07-10 15:25 | Report Abuse

I have just received the letter of allotment from MIH via City Link and all the shares are credited into my CDS account already. Hope for the best tomorrow.

emfresh

5 posts

Posted by emfresh > 2017-07-10 19:03 | Report Abuse

korean fund coming in this week, dont sell below 7.00 is a stupid decision. PE 15X

emfresh

5 posts

Posted by emfresh > 2017-07-10 19:06 | Report Abuse

@xuewenapeng [Lotte] Pepero Coconut Chocolate 32g selling at rm5.40 only after discount.

apolloang

18,163 posts

Posted by apolloang > 2017-07-28 12:30 | Report Abuse

just receive my money back from the share buyback

TheContrarian

8,528 posts

Posted by TheContrarian > 2017-07-29 23:36 | Report Abuse

apolloang, don't spend the money yet.

Posted by Zainul Sidek > 2017-07-31 22:53 | Report Abuse

Ouchhhhh

Posted by jOe_bangsar > 2017-08-01 14:34 | Report Abuse

wau.

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