Ultimate Major shareholder is the one who sell company share in the week of listing..... shit........, company value over pricing for IPO, all sucessful subscriber at IPO are trapped.
@satha44 - this is management/major shareholder strategy to have loss qtr, they want other investors to sale off company shares and they accumulating, next qtr you will see a profit quarter and you will see price pushing up .....of course somebody will have another round of profit taking ........... good luck
based on last 3 quarter result, now market price trade at approx. 10 time on business profit (assume 4th quarter have 1.5mil profit as well). shall hold.....
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....
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Posted by Follower > 2018-05-16 12:06 | Report Abuse
HQ 2 four story shoplot at Port Klang.