Posted by TheMiddle > 2015-12-10 09:06 | Report Abuse

Drop badly in first day market!

Posted by popcorn > 2015-12-10 09:09 | Report Abuse

all the way to 30cents

Posted by trader1 > 2015-12-10 09:10 | Report Abuse

Why drop on first day?

Posted by cashonhand > 2015-12-10 09:11 | Report Abuse

sell mum buy son

Posted by Jerry Jerry > 2015-12-10 09:11 | Report Abuse

y the ipo drop ike hell

Posted by 爱丽丝 梦幻世界 > 2015-12-10 09:15 | Report Abuse

RED SEA NA..BETUL KAN?

Posted by trader1 > 2015-12-10 09:17 | Report Abuse

izzit because of the warrant? they give 1 warrant free.
so warrant is approximately 10cent and main is 40 cent=== 50 cents..

Posted by RepcoLow2 > 2015-12-10 09:17 | Report Abuse

Red Sena.........Betul....ma......if Green Sena sure opening mesti green.

Posted by skafever69 > 2015-12-10 09:18 | Report Abuse

pening pening

Posted by imoogi99 > 2015-12-10 09:28 | Report Abuse

http://1-million-dollar-blog.com/red-sena-berhad-ipo-fifth-spac-in-bursa-malaysia/

Buy or not to buy????......Worst case, if no QA, you get back 46 sen plus whatever 3yrs interest. If QA and get good assets then it could worth more or else it could be worst less too. The management team are formerly from F&N.

At your own risk.

Posted by Funny > 2015-12-10 09:31 | Report Abuse

looks like obstacle for uptrend.

Posted by king555 > 2015-12-10 09:34 | Report Abuse

RHB do one always no kangtao

Posted by king555 > 2015-12-10 09:40 | Report Abuse

this year most of the IPO perform well..except this

Posted by king555 > 2015-12-10 09:41 | Report Abuse

buy at this price shouldnt be a problem if u can hold it

Posted by bulleyes > 2015-12-10 09:41 | Report Abuse

if you believe in F&N management.

Posted by Jal 贾彬得 > 2015-12-10 09:42 | Report Abuse

how to uptrend no revenue no profit ....dunno what people thinking lor , this need invest mid term ....

Posted by imoogi99 > 2015-12-10 09:49 | Report Abuse

Buy IPO at 50sen and sell at 38sen....cut lose??? With warrant at 8sen, still losing money.

Posted by murali > 2015-12-10 10:01 | Report Abuse

Most, if not all SPAC tak boleh pakai...

Posted by murali > 2015-12-10 10:01 | Report Abuse

This even sucks...not even goreng....

Posted by chantp88 > 2015-12-10 10:02 | Report Abuse

haha. investors are scared after the last 3 SPACs which dont perform well despite the hypes

Posted by king555 > 2015-12-10 10:03 | Report Abuse

not suggest to buy warrant unless u r a risk taker..play safe better

Posted by mykasih99 > 2015-12-10 10:04 | Report Abuse

have faith F&B, last 3 SPAC O&G. Wait, funder no goreng

Posted by murali > 2015-12-10 10:08 | Report Abuse

Better buy some Xinquan and wait for Koon Koon to promote it...then sell for quick profit

Posted by imoogi99 > 2015-12-10 10:11 | Report Abuse

U right mykasih99.....O&G spac hit by the drop in oil price. Had oil price hit US80 or US100, then people will shout to buy O&G spac. Looking forward for Red Sena to get good F&B QA.

Posted by Jal 贾彬得 > 2015-12-10 10:19 | Report Abuse

yup good time to buy and keep f&b

Posted by stonenut > 2015-12-10 10:46 | Report Abuse

Spac counter... another bunga (hibiscus) company....

Posted by sosfinance > 2015-12-10 10:48 | Report Abuse

Red Sena & Warrant = 47 sen. NTA Cash should be around 50 sen? May be upside in warrant, whenever it announces on any purchase (hopefully within a year). It is just a concept play. At the moment, low risk with possible upside.

Posted by Mat Cendana > 2015-12-10 11:01 | Report Abuse

Rather puzzling as to why it should be at this level on listing. Goes to show the presence of so many jittery people who had obtained its shares. Why would anyone apply for these shares, and then to immediately sell at the first sign of trouble? Based on what @sosfinance says on its NTA, this might be an opportunity.

Posted by jasonor > 2015-12-10 11:17 | Report Abuse

red sea... tmr red sena change name to green sena confirm up up... haha

Posted by cheeseburger > 2015-12-10 11:18 | Report Abuse

dun hurry to jump in. The down trend will continue for more days before bottom

Posted by richkid > 2015-12-10 11:19 | Report Abuse

Better run...SPAC stocks are all going down...see hibiscs is one of them. Those buying good luck...

Posted by richkid > 2015-12-10 11:23 | Report Abuse

Useless SAPC stock...par value 1 sen...selling at 50 sen...this is a total rip off...Good luck for buying. Another Hibiscs...Habis kut....now....Red Sea...Laut merah for stock is not good lah...why they always give such a name???

Posted by red_85 > 2015-12-10 11:25 | Report Abuse

SPAC stock all are rubbish stock..why they created such company? to earn money from you guys lor.. investor money easier to earn..=X
director all take high salary, company bankrupt also none of their business..and undertable money ler =X

Posted by red_85 > 2015-12-10 11:27 | Report Abuse

i also hope I can setup those company...use investor money to setup a company and become boss =X...only Malaysia allow such sohai concept!

Posted by murali > 2015-12-10 11:29 | Report Abuse

Most SPACS in US went Holland....I think not many countries practice this yet...our Bolehland is great...we are promoting SPACS...helping people to go Holland...The earlier SPACS here still goreng goreng a bit for fun...now straight away go Holland...

Posted by mykasih99 > 2015-12-10 11:35 | Report Abuse

funder collecting frm those panic people

Posted by LaoLiu > 2015-12-10 11:35 | Report Abuse

Recent market is worst day by day..blood everywhere.

Posted by namewee > 2015-12-10 11:44 | Report Abuse

Buy Rsena-WA at 8.5sen or lower, u will NEVER regret.

Posted by HYG > 2015-12-10 11:47 | Report Abuse

Namewee, are you sure!

Posted by HYG > 2015-12-10 11:47 | Report Abuse

Keep going down...

Posted by namewee > 2015-12-10 11:55 | Report Abuse

Stock Code Stock Name Last Done Price Change Quantity (Shares) Average Price Gross Investment Market Value Unrealized Profit & Loss % Unrealized Profit & Loss
5270WA RSENA-WA 0.085 0.000 29,400,000 0.085 2,499,000.000 2,499,000.000 0.000 0.0

Posted by namewee > 2015-12-10 12:12 | Report Abuse

But please trade at your own decision. Neither have to insult anyone when prices are down, nor any gratitude is expected when prices are up.

Posted by chantp88 > 2015-12-10 12:17 | Report Abuse

Yes. Buy or sell at own risk.

Posted by mykasih99 > 2015-12-10 12:23 | Report Abuse

yes agree Namewee, we are all mature investor. Trade at own risk, win or lose also u not going to share with me

Posted by imoogi99 > 2015-12-10 12:30 | Report Abuse

Some people are doing the juggling...if you hv purchase 100000 of mother at IPO, selling mother and buy son your average cost of son is only 0.086 sen. If selling the free son you get and buy mother, your average overall cost of mother is at 0.414sen. Looking at the trade, believe a lot of people are juggling between mother and son. Some funds are collecting as well.

Posted by popcorn > 2015-12-10 12:37 | Report Abuse

guess many ppl panic sell at the first day or the company itself left hand sell to right hand... after that, buy back from those panic seller?

Posted by chiongster1234 > 2015-12-10 14:16 | Report Abuse

it may caused by warrant(son) i think.

Posted by lextcs > 2015-12-10 14:17 | Report Abuse

die standing die sitting die rolling die everything....spacs are the scam of the millennium

Posted by HYG > 2015-12-10 14:22 | Report Abuse

This F&B is different from the previours oil & gas SPAC.

Posted by lextcs > 2015-12-10 14:26 | Report Abuse

one thing for sure is these fellas will be jet setting around in 1st class 'trying' to do some shaddy f&b deals. product may be different but concept is always the same....Geneva gold...arowana fish...ganda wang anda...ufun....etc