Somewhere in a dim sum restaurant in PJ, 2 years ago -
Tashin boss: Ku Hon sifu, can you give me some advice? Tashin boss: I am contemplating the idea of getting my company listed to fund its growth. Tashin: Do you think it is a good idea? Ku Hon Sifu?
Ku Hon: Sure! but 1st you must pay for today's breakfast including my loh mai kai takeaway.
Tashin boss: No problem sifu. I will gladly pay (inside thinking, ka ni neh this kiamsiap bastard, I kena pay again).
Ku Hon: Imagine yr minority shareholders as cash cows to be milked at least 4 rounds from IPO listing day until the day they beh tahan & sell. Ku Hon: (1) Get yr shares valued sky high then massacre them on the 1st day of listing. Ku Hon: (2) Those stubborn souls that had still kept/averaged down + new water fish, get someone to push down the share price further by another 20% & whack these poor bastards for the 2nd time. Ku Hon: (3) Then let the stock coma & wear those poor suckers thin by not declaring any dividends but giving yourself fat director fees/salaries year after year without fail. Ku Hon: Finally send yr remaining minority shareholders for a holiday in Rotterdam by buying back their shares when its price reach rock bottom & take the company private cheap. Ku Hon: Get it boy? Now please check whether parking at this restaurant is free or parking ticket can be stamped or not?
Tashin boss: Thank you Ku Hon sifu (inside thinking, planning for today)
Ku Hon made a phone call to Tashin boss today at 12.30pm
Ku Hon: Hi my throw tahi. Congratulations & good job on yr company's listing day & today's performance, you really massacre yr IPO investors kow kow. Monday hit those suckers again hard with another KO punch.
Tashin Boss: Thank you, my shit poo for yr kind words. You are not doing too bad either with 2 consecutive new lows today at RM 0.385 & 0.38. Yr company's PTD drop is 32.14% & my company's PTD drop is only 27.59% still long way to go. Anyway thank you again for yr advice.
Ku Hon: Your are welcomed my throw tahi but don't just talk go ask yr driver to tapao bah kut teh & send over to my office today. Also don't forget to add low chee kiok. Bye.
Tashin: Bye (muttering to himself: what a bloody kiam siap cbk my shit poo is, want to get him to belanja me is like squeezing water out of stone).
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 303 views | 2 d ago
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 11524 views | 10 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....
spider68
460 posts
Posted by spider68 > 2019-07-29 10:48 | Report Abuse
Perangkap