With such a big drop, Bursa in future should not let SPAC to be listed. Think of the poor old retired uncles and aunties who are happily subscribing to the IPOs thinking of making money... burnt on day 1... no way to escape...
RSena-Pelaburan mencari harta karun di lautan yang luas. Anda ada dua pilihan sama ada mengekalkan pelaburan sehingga SPAC kehabisan modal atau QA (Harta karun) ditemui dan anda menjadi kaya. Wh0 "Dare to fail"?
Red Sena Berhad, an investment holding company, focuses on manufacturing, branding, marketing, and distributing banded packaged food and beverage products in Malaysia, Indonesia, the Philippines, Singapore, Thailand, and Vietnam. The company was incorporated in 2014 and is headquartered in Petaling Jaya, Malaysia. Red Sena Berhad is a subsidiary of Raintree F&B Sdn. Bhd.
This is news in year 2013 when Red Sena plan to listed.
According to sources, promoters of the SPAC are determined to build a home-grown successful F&B group, in an industry which seems dominated by foreign players.
Among the leading F&B players in the market today are F&N (which is Singaporean owned), Danone (French) and Nestle (Swiss).
Lol....the way some people commented about this spac can be compiled into a book and title it "Joke of The Year". Come on guys...understand what spac actually is and give them time to get things done. Everything have to start some where...even you get a new job, you have to start somewhere...dont expect your boss to hammer you for incompetency when you just started to learn your new job. So let Red Sena management do their job. Dont like spac, dont like Red Sena then dont invest. After all it is your money.
Those are thinking of investing or buying their shares now should really think carefully. It's no point to buy and hold it for a long term even if you have the power to hold! I would rather to invest into other counters instead of investment being stuck and opportunities lost.
....better sell mother & buy the warrant.....looks like some big funds collected a lot today, probably those that missed out on the ipo is now getting it at a real bargain.....today mother/warrant average sell rate is 36/31% so tomorrow should see some bargain hunting. mother is worth 0.46 within 3 years if no QA
Is there a stabilizer like others Spac ? If not, this will be like a Target to be short selling first and pump later by the big gun . Besides, Biro should invest to those fund ; especially from nominated account.Part of the money game I think. Honestly management come first Talent comer later, I believe this principal are above all especially to Spac. Good luck guys.
Should go back to IPO price of 50cts as underwriters wants to redeem their undertaking money and next week announce acquisition of some stakes in some companies like F&N,Nestle,KFC.etc , will fly above IPO prices..Bought some at 38...
just ask yourself this : why would someone who claims to be experts in this F&B industry wants to raise funds via a spac to acquire other f&b companies? Wouldn't it be easier to establish their own company with 100% control, with their own brands, run profitably then list it via a IPO? of course scamming is much easier and a faster way to laugh all the way to the bank
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Posted by bjgdila123 > 2015-12-10 15:36 | Report Abuse
kesian siapa yg dpt ipo , kenapa kita yg jadi mangsa