And to all Caring investor, just a news sharing to u guys..... major share holder disposing their large asset in Caring soon ( CONFIRMED).... So if u guys looking to stay longer, please be aware of this news.....
I do not dare to touch Property IPO .... now is a bad time for properties sector as Malaysia Budget and Plan last month prove a huge disadvantages for this sector. It might up but I will not apply for this as the risk is much higher compare to others.
IF i wanna buy for properties, I would prefer the current Listed Property at discount price (eg. UEMS, IJMLAND, FOCAL etc) with their Johor Projects Iskandar on hand ......
For those who bought caring....... Just a short info..... Vincent Tan (TOP 10 richest in MY) one of Largest Share Holder in Caring... is disposing ALL Caring share soon due to Clash of interest with his own Pharmacy ...Amway or Cosway , i forgot.. Just take this into consideration if you wanna buy or sell....thats all....
Check out Malaysia Next Mega Project, most will be in Johor, Project Iskandar, aka the next Putrajaya ........ Watch out Malaysia Highest building by LOCAL "SKY88" ... Price unit cost 700-1500 per square ft..... If u look at the Developers, UEMS, IJMLaND, SPSETIA, FOCAL..... I would say, huge potential for Long Term
zKingDB yup agree with you that Vincent Tan share all cannot earn one. once IPO listed better quit once get profit. TitiJaya i will applied the IPO too, if gather the unit might throw on the first day seem the property is not yet in good moment.
caven, I wait till IPO last day only decide to buy or not, see whether any big player buy in or property sector luck turn around. haha..... Good Luck in getting IPO ~ ^.^
hello88, the application for this ipo is over and you can only buy them from share market now. IPO can be applied via bank account like Maybank / CIMB provided you have CDS account
-Based on my search in Bursa, Caring does not appear to be a shariah compliant stock. However, this does not kill the idea that it is not shariah complaint as some of the IPO shares are allocated to Bumiputera investors and there is a possibility that Bursa has yet to update the list to classify caring as shariah compliant stock or the Company has yet to apply for it.
2. whether Tan Sri Vincent Tan will dispose off his shareholding in Caring -Based on the prospectus (page 215), TSVT is prohibited to dispose off his shareholding within 6 months from the IPO. However, i dont discount the possibility of person acting in concert with him to dispose the shares in the open market now to gain the handsome premium now and to fry the stocks again by tml, as we can see some selling pressures today due to mixed possibilities, being, weak market sentiments and/or disposal of successful IPO subscribers.
if m not mistaken, for a share to be classified as shariah compliant, it must demonstrate its compliance with the shariah rules to the Securities Commission and not to Bursa. SC is the authority that supervises the capital market and not Bursa, Bursa is merely an exchange that facilitates the exchange of shares to ensure each trading/corporate transaction complies with the listing requirements and rules of the exchange,
So having said that, Caring may have yet to be able to declare itself as shariah compliant in its prospectus as it may has yet to receive the official approval from the SC (disclaim: guessing, not sure).
Additionally, since Malaysia intended to bcome world's best Islamic financial hub, there must b some encouraging factors for issuers to be shariah compliant then only more funds are flowing into the capital market to grow listed business in Malaysia. So based on such criteria, caring could be shariah compliant either in the short term or it is already is. To be ascertained, pls call Caring's CEO.
hehee ... last minutes bought back .. .can go above 2.3 ? 67.43% share under six month moratorium post -IPO , ... misai VT cannot do anything for six months ..
no record to show whether the co will be making tons of money? I do not think pharmacies will be making a lot when the competition is really fierce nowadays? Another thing is run by family members ?
PHARMACY counter review back before PHARMANIAGA BHD this counter from feb rm3.5 untill now rm4.7 the is same business.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3150 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
bachok alwee
86 posts
Posted by bachok alwee > 2013-11-13 08:33 | Report Abuse
Islamic atau tidak?