Posted by Greatleaper > 2019-05-16 10:15 | Report Abuse

Yes, boss selling their shares for money

Posted by bose00 > 2019-05-16 10:17 | Report Abuse

Lol subscribe 1.10.. profit 2 cts . want to sell

Posted by spider68 > 2019-05-16 10:19 | Report Abuse

Who got so many shares to sell @ RM 1.13 just to make only 3 cents?

Posted by Greatleaper > 2019-05-16 10:23 | Report Abuse

They got too many shares already, need to throw certain percentage of shares to local retailers, institutions and foreign investors.

Posted by spider68 > 2019-05-16 10:26 | Report Abuse

Never ending supply @ RM 1.13. Today highly sure end below RM 1.10 as someone is carrying out lelong sales.

Posted by spider68 > 2019-05-16 10:43 | Report Abuse

No joke man someone dumping @ RM 1.13 non-stop. Announcement date then we shall know who.

Posted by bose00 > 2019-05-16 11:04 | Report Abuse

wait for noon session

Posted by spider68 > 2019-05-16 11:08 | Report Abuse

I think noon session drop below RM 1.10.

Posted by shpg22 > 2019-05-16 11:11 | Report Abuse

Fair price in 12 month = IPO price 1.10 / 2 = 0.55

Posted by spider68 > 2019-05-16 11:33 | Report Abuse

Any possibility of some cornerstone investors being allocated shares at a discount below RM 1.10? Anyone can advise if they know.

Posted by preducer > 2019-05-16 11:37 | Report Abuse

no such thing, everybody got it at 1.10

Posted by MK4872 > 2019-05-16 11:53 | Report Abuse

except for the owner....no one got this share at below RM1.10....not even the cornerstone investor.

All cornerstone investor and owner have moratorium period to observe so unlikely any of them will sell anything for the next 6 month.

Posted by rajachulan > 2019-05-16 11:57 | Report Abuse

really? leng chan and ma yu brought at 1.10 also?

Posted by spider68 > 2019-05-16 12:08 | Report Abuse

If moratorium period applies then who have so many shares i.e. 100 million shares to dump from RM 1.13 to RM 1.11. No intraday short selling allowed some more.

Posted by BillyK > 2019-05-16 13:11 | Report Abuse

be patience
wait for LC and MY to sell to us at 80cts

Posted by Damager > 2019-05-16 14:34 | Report Abuse

Could it be some big investors not managed to get the IPO so push down the price now and collect or i watch too many dramas? hahaha

Posted by Henry8833 > 2019-05-16 14:39 | Report Abuse

Useless share. Over price IPO. If not mistaken PE over 20 times....

Posted by Shinnzaii > 2019-05-16 14:41 | Report Abuse

ride on sentiment...wait lower...hehe

Posted by Henry8833 > 2019-05-16 14:41 | Report Abuse

Leong Hup last time shares also not performing well and Lau family privatized at about less than 10 times PE( if not mistaken as too long already). Now come back this IPO and priced PE 20 times....Who is clever and who is stupid?

Posted by Henry8833 > 2019-05-16 14:48 | Report Abuse

Over priced IPO. Better avoid and wait till price drop 50% ie 10 time PE only enter if want to be safe...

Posted by Shinnzaii > 2019-05-16 14:51 | Report Abuse

>Henry8833

there is ESOS some more...so i dont catch first...i want to see how competency of those directors

Posted by spider68 > 2019-05-16 15:10 | Report Abuse

Must be very desperate for money to sell at IPO price @ RM 1.10. Other company's major shareholders would have provided support instead of cashing out.

Posted by SmallBang > 2019-05-16 15:12 | Report Abuse

STABILISING ACTION my ass

Posted by Shinnzaii > 2019-05-16 15:21 | Report Abuse

ESOS need to be regularize....some directors benefit the most from ESOS by using ESOS...look at PHB and Tiger...wait annual report then you know larh...hehe

Posted by Henry8833 > 2019-05-16 15:23 | Report Abuse

Bursa and SC should abolish this stabilizing action and let shares to drop to its fair value rather than artificial supporting. Look at Uber IPO, shares dropped during IPO day...

Posted by Henry8833 > 2019-05-16 15:23 | Report Abuse

After supporting for about 1 month, price will drop eventually like AAX

Posted by Junichiro > 2019-05-16 15:26 | Report Abuse

Posted by spider68 > May 16, 2019 3:10 PM | Report Abuse

Must be very desperate for money to sell at IPO price @ RM 1.10. Other company's major shareholders would have provided support instead of cashing out.

Those who got a big slice sold off because the share price did not perform. They sold n got back their capital while the stabilizing manager is still around. Everything is a gamble. When I attended a workshop on futures trading, the pro advise us to sell first ask later if the promising technical signals did not perform. Same with shares.

Posted by spider68 > 2019-05-16 15:54 | Report Abuse

Now just hit @ RM 1.09 below IPO price ........ what a joke of an IPO.

Posted by sasword > 2019-05-16 16:20 | Report Abuse

Will free fall like Lctitan.

Posted by PARKER > 2019-05-16 16:20 | Report Abuse

Collect low ba hehehehe

Posted by spider68 > 2019-05-16 16:38 | Report Abuse

Reminds me of Multi Sports Holdings Sdn. Bhd. IPO where it enabled a pre-IPO investor (Hong Leong group of companies) to cash out by dumping shares below IPO price. IPO price @ RM 0.85. Today @ RM 0.01 also people don't want to buy. A lot of minority IPO shareholders got burnt leaving only ashes.

Posted by apolloang > 2019-05-16 16:41 | Report Abuse

any counters that are relisted back is no good

Posted by lextcs > 2019-05-16 16:41 | Report Abuse

don't worry mr lau will take it private again at 80c

Posted by lextcs > 2019-05-16 16:42 | Report Abuse

is it ever a wonder that the rich gets richer thru their schemes and whimps?

Posted by apolloang > 2019-05-16 16:43 | Report Abuse

another LCTITAN.....IPO should be 80cts not 1.10

Posted by $$$< GOODLUCK >$$$ > 2019-05-16 16:44 | Report Abuse

All got con , now director is counting money until midnight.

Posted by spider68 > 2019-05-16 16:49 | Report Abuse

I would not discount the possibility of some creditors having being allocated shares via debt swap are currently cashing out.

Posted by Flower1 > 2019-05-16 16:51 | Report Abuse

Why buy at 1.10 .., cab only 0.58 similar poultry business .

Posted by apolloang > 2019-05-16 16:53 | Report Abuse

more IPO coming market down more.instead of using the money to support the current market,they wanna list more new stocks to replace the old ones.this bursa is useless

Posted by Undi_PAS > 2019-05-16 20:25 |

Post removed.Why?

Posted by raymondlim > 2019-05-16 21:53 | Report Abuse

Buy cab

Posted by papparich > 2019-05-16 23:16 | Report Abuse

3 times overbought. Just wait, sharp up, get trap then....Charlie Munger told me never to buy IPO.

Posted by Sneakpeek > 2019-05-17 12:44 | Report Abuse

After lunch..park at 1.05

Posted by sasword > 2019-05-17 14:22 | Report Abuse

Ppl wan "save" country so donate money to PH (pukima hai) gov.

Posted by pineapple8888 > 2019-05-17 18:34 | Report Abuse

Bought IPO at 1.10 sold at 1.18
Will come back on 0.90
Thanks LHI

Posted by 750023336 > 2019-05-18 17:32 | Report Abuse

https://www.facebook.com/fatainvesting/posts/2293999760842891

Both Leong Hup and Teo Seng went down mainly because of this reason.

Q2 likely to be having trouble

Posted by Bullbursa > 2019-05-18 18:15 | Report Abuse

Shallow analysis...

Posted by spider68 > 2019-05-18 19:20 | Report Abuse

CONCORDANT INVESTMENTS PTE LTD
AFFINITY ASIA PACIFIC FUND IV (NO.2) L.P.
CLARINDEN INVESTMENTS PTE LTD

Combined Allocation 290,637,500 shares

Highly likely dumping was made by the above parties on listing 1st & 2nd day. We await next week announcement for confirmation.

Posted by Sneakpeek > 2019-05-21 09:21 | Report Abuse

RM 0.80

Posted by bigmama > 2019-07-06 18:26 | Report Abuse

Next week target price for LHI is 80 sen!