@Edwardong53 agreed.The regulators,underwriters,IBs are also party to such embarrassing IPO fiasco. 2.They should have done their jobs,duties and responsibilities diligently to ensure that the public shareholders' interests are safeguarded at all times.They know the public who subscribe for the shares many would not understand or read the prospectus. But within the regulators,underwriters,IBs they have the experts,analysts,accountants who can sieve through the company details,financial accounts,record and identify any irregularities if any. 3.Reflecting back to the few share counters from China.What happened today? Except one most of them are in the distressed position.PN 17 beckoning? De-listing? 4.What those cases can tell you of our regulator's expertise as oversight over the companies pre-IPO.
Outcome: There are a lot of lessons that can be picked up from this uneventful IPOs.But sad,most of them including the public have short and forgetful memory.Over times,the same thing happen again and again.At what cost- painful and cost dearly:-((( 02/08/2017 08:19
Money talks as long it flow into pockets and country. Only stupid could not have known the Mega IPO is inflated to be absorbed by the stupid. Btw where is that SinKaLan ChongJiauJau bananaman? Why so coward turtle hiding in dark caves? No balls loh
Refer to some comments above. May be the KPI for the authority is number count (number of listed companies) instead of the quality which is important for long term investors. This is proven as almost all Chinese listed companies are non performers yet we don't see many actions taken. Good luck for all market players.
Think must get clear picture before jump.....is there any misconduct...i.e. witheld materials info before Ipo...will SC investigate...will fund manager take legal action? Not sure.. better avoid for now.
3QFY17 earnings will be dampened by a scheduled turnaround of another plant, NC1, in Johor between July and August. The impact on other parts [of the operations] was not discussed in detail because it could not be quanti ed at that point in time,” said Lee.
The NC1 plant underwent a turnaround in July, but would not cause a huge decline in revenue due to its smaller size and shorter period of closure.
Following the maintenance works on both NC1 and NC2 plants, Lotte Chemical is not expected to make another shutdown for the plants for the next five to six years.
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!
MQ Trader 733 views | 3 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 685 views | 7 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace 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....
Edwardong53
729 posts
Posted by Edwardong53 > 2017-08-02 08:08 | Report Abuse
@ckcs - It is not the koreans that we shd point at. It shd be our SC who allow such stupid company to be listed in our Bursa.