So many people here started to sing a song liao. Can it reach RM1.00 in 1 month? Not to mention that someone has said it reached RM1.50 in 3 days in the last peak somewhere around 2007.
WHEN TO SELL? ITS VERY SIMPLE. WHEN NEGATIVE EPS TRANSFORM TO +VE EPS--> BUY BUY BUY WHEN EPS GO UPTREND--> BUY SOME MORE OR JUST HOLD(IF U HAD BOUGHT ENUF) WHEN INCREASING EPS PLATEAUS-->SELL SOME(UP TO U TO DECIDE) OR WHEN U FIND A BETTER STOCK TO INVEST--> SELL ALL WHEN FIRST TIME EPS DROPS--> SELL SOME MORE OR WHEN U FIND A BETTER STOCK TO INVEST--> SELL ALL WHEN 2 CONSEQUTIVE EPS DROP--> SELL ALL
MOL listing in OCT 6th, you think it will be a hot running soon? MOL got face book, it got attention in wallstreet, Bloomberg will cover it soon, US funds buying! BJCorp shot to RM1 soon.
Virtual currency provider MOL Global sets terms for $263 million IPO 9/23/14
MOL Global, a Malaysian provider of online payment services mainly used for game credits, announced terms for its IPO on Tuesday. The Kuala Lumpur, Malaysia-based company plans to raise $263 million by offering 19.5 million shares (62% insider) at a price range of $12.50 to $14.50. At the midpoint of the proposed range, it would command a fully diluted market value of $919 million.
MOL Global could be the first Malaysia-based company to list on a US exchange in over ten years. Owned by Malaysian billionaire Vincent Tan, the company operates an online payment platform primarily used for for online gaming credits (MOLPoints), though Mol has invested in a suite of digital payment services. Its physical distribution network comprises over 970,000 locations across 13 countries, including an agreement with 7-Eleven Malaysia (controlled by Vincent Tan) to sell vouchers for MOLPoints and pre-paid mobile airtime.
Primary shareholders include Vincent Tan (45% post-IPO stake), Sultan Ibrahim Ismail (13%) and founder and CEO Ganesh Bangah (10%).
Revenue increased 34% to $62 million for the six months ended June 30, 2014, driven by a volume increase in MOLPoints, especially in Thailand, where mobile chat app LINE has grown (LINE accepts MOLPoints). However, the company notes that the volume of MOLPoints has decreased in Malaysia. Adjusted EBITDA increased 25% to $16 million (25% margin).
MOL Global, which was founded in 2000 and booked $62 million in sales for the 12 months ended June 30, 2014, plans to list on the NASDAQ under the symbol MOLG. Citi, Deutsche Bank and UBS Investment Bank are the joint bookrunners on the deal; Credit Suisse was removed as a bookrunner. It is expected to price during the week of October 6, 2014. Keywords / Tickers: MOLG, GAME Related Links: Upcoming IPOs, Global IPO Volume
I LOVE U VINCENT TAN ! I LOVE U ZURAINAH ! I LOVE U BERJAYA CORP ! I LOVE U MCDONALD ! I LOVE U MAZDA !! I LOVE U ALLLLLLLLLLLLLL !! MUWAHHHH ! MUWAAAAAHHH !!! KISS KISSS !!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
johnte
192 posts
Posted by johnte > 2014-09-26 14:39 | Report Abuse
if 0.60 can keep lo..