Posted by najmie1 > 2020-10-06 12:38 | Report Abuse

can apply or not this ipo? any suggestion?

Posted by Foker > 2020-10-06 20:30 | Report Abuse

Most main market ipos fail

Posted by Foker > 2020-10-06 20:31 | Report Abuse

Because usually these bigger companies backed by bigger badder major shareholders.

Posted by super_newbie > 2020-10-06 22:02 | Report Abuse

Good company, but RM1.60 too much, already P/E 30.

Posted by zhen wei & JP > 2020-10-06 22:42 | Report Abuse

Max 1.20sen.

We will not subscribe.



zhenwei

Posted by Foker > 2020-10-06 23:00 | Report Abuse

Lol PE 30? Malaysian companies always wait untill they fully expand only go for listing

Posted by speakup > 2020-10-06 23:00 | Report Abuse

Good company
Will apply
See if kena lottery or not

Posted by Foker > 2020-10-06 23:01 | Report Abuse

Where growth comes from? Every street corner and mall got Mr DIY already. Where you expand to? Indonesia? Can or not? Your quality so bad, chaplap or if go to other countries

Posted by super_newbie > 2020-10-06 23:06 | Report Abuse

Yes, if RM1.20 might interested to subscribe.

Posted by najmie1 > 2020-10-07 09:34 | Report Abuse

wait for the day to close, then decide wether subscribe or not....

Posted by anthonytkh > 2020-10-07 09:41 | Report Abuse

I’m thinking about it. In the meantime I’m already in OPENSYS. Pretty sure Brahmal has his reasons for buying

Posted by jguy > 2020-10-07 09:45 | Report Abuse

PE 30 is too high, average should be around 1.00 to 1.20. Most of MR DIY IPO listing goes to DEBT repayment and that is already a red flag. They probably need the working capital to rotate their stocks. If you are observant, the stocks level in MR DIY stores are not even replenished. I will just wait and see this counter

Posted by speakup > 2020-10-07 11:41 | Report Abuse

40% dividend policy is sweet

Posted by megat36 > 2020-10-07 12:45 | Report Abuse

1st day will fall...i will only collect under rm1..

Posted by GENER > 2020-10-07 14:35 | Report Abuse

already apply 40lot try luck..

Posted by speakup > 2020-10-07 22:29 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/10/02/blackrock-may-be-cornerstone-in-mr-diy-listing

if mr diy so bad, why foreign funds like Blackrock, Aberdeen & AIA interested to buy tons of it?

Posted by gemfinder > 2020-10-07 22:30 |

Post removed.Why?

Posted by apolloang > 2020-10-07 22:30 | Report Abuse

market cap 10 bil too much for the market to digest.....I skip this stock

Posted by freddiehero > 2020-10-07 22:34 | Report Abuse

haha.. want big jackpot ka boss

Posted by super_newbie > 2020-10-07 22:48 | Report Abuse

PAT RM250mil, 40% dividend policy, dividend payout=RM100mil.
DPS=100,000/6,088,200=0.016, dividend yield=1%

Buy glove better, higher DY even post covid :))

Posted by MichelleNg > 2020-10-07 22:56 | Report Abuse

Many people don't want to buy on IPO price. More chance to get. Let's make it limit up on IPO date. Above RM3 only sell them

Posted by apolloang > 2020-10-07 23:27 | Report Abuse

RM3 when? 101% no 2.50 also.RM3 odds is 1000 to 1....hahaha

Posted by apolloang > 2020-10-07 23:28 | Report Abuse

maybe RM 1.50 got....hahaha

Posted by apolloang > 2020-10-07 23:33 | Report Abuse

1.00 too extreme cannot lah on 1st day. 1.50 maybe.....then slow death

Posted by apolloang > 2020-10-07 23:35 | Report Abuse

10 or 20 sen maybe can when MCO 3 years lo.....hahaha

Posted by apolloang > 2020-10-07 23:38 | Report Abuse

another asstro or lctitan?

Posted by megat36 > 2020-10-08 08:45 | Report Abuse

skip mr diy, whack samaiden instead la.....

Posted by Alfonso > 2020-10-08 15:40 | Report Abuse

another new place for judi~ nice

Posted by Stockisnotfun > 2020-10-08 15:42 | Report Abuse

How's this IPO? Mr DIY very big company one?

Posted by HumbledInvestor > 2020-10-08 20:02 | Report Abuse

[Humbled Investor] Mr DIY IPO: Hard Truth about Mr DIY IPO

https://klse.i3investor.com/blogs/HumbledInvestor/2020-10-08-story-h1534552476-_Humbled_Investor_Mr_DIY_IPO_Hard_Truth_about_Mr_DIY_IPO.jsp

Posted by Jeffreyteck > 2020-10-08 23:12 | Report Abuse

$1.60, PE sbove 50. Kaya cepat skim but not for those bought from IPO. $1.2b go to offerors. Lol.

Posted by apolloang > 2020-10-09 10:26 | Report Abuse

no need to apply,opening day u can get below IPO price.anyway open red I also no wanna buy cos I think at this moment it is worth less than 1.30

Posted by blistering > 2020-10-09 20:23 | Report Abuse

they use your money to pay debt!! its dumping cash into the red seas!! lol...save your cash for another big ride on Gloves!!! Warrant expiring soon, Gloves going Hot to Fly!!!

Posted by Rwkl > 2020-10-09 23:23 | Report Abuse

It’s a book building exercise so 1.60 might not be the final price.
Someone can concur?

Posted by cytew > 2020-10-10 19:34 | Report Abuse

跟 SEM (5250) 和 Mynews(5275)比较, 三间 convenience chain stores , operational cost 都是 在 30＋% of the Revenue , 而 MRDIY 的 gross profit margin 也是最高 的(40＋%) 因此它的 net profit 是在 10% 以上，然而它的 ROE rate 也是最高的 ，50%以上 (很少见到),所以它的“赚钱能力”的“力度” 也是最强的...其实，若它不挂牌，它是不需要任何资金的注入...因为赚钱力度强，用赚到的钱来发展已经绰绰有余了！

Posted by wallstreetrookie > 2020-10-11 00:48 | Report Abuse

this counter a drop until 30 cent buy

Posted by apolloang > 2020-10-11 00:50 | Report Abuse

30ct too extreme don't think so will happen but 1.20-1.30 a realistic chance

Posted by bowtacks > 2020-10-11 00:57 | Report Abuse

overprice. 0.80 fair offer. company took loan to pay directors then ipo need to pay the borrowings. not for me.tq

Posted by apolloang > 2020-10-11 01:07 | Report Abuse

if 1.20 ipo price I buy lah then 1.50 I will sell to brahmal.ipo now is 1.60 I wouldn't wanna buy and sell 1.50 back to brahmal….hehe

Posted by Booyeah > 2020-10-11 01:35 |

Post removed.Why?

Posted by alpha778 > 2020-10-11 13:16 | Report Abuse

Don’t apply.
Major shareholders are selling and bulk of IPO proceeds to pay down loans.
No good.
Price will drop before RM1.00

Posted by enigmatic [control your emotions, discipline your mind] > 2020-10-11 13:22 | Report Abuse

My gut feeling tells me this IPO is gonna be undersubscribed. Unless opening day is being goreng-ed up, I don't think retailers are willing to pay more for this IPO which benefits mainly the insiders.

Posted by Foker > 2020-10-11 13:40 | Report Abuse

It will be oversubscribed.

Posted by Goodprofit > 2020-10-11 13:42 | Report Abuse

they using your money to repayment bank loan and director bonus ,

Posted by Goodprofit > 2020-10-11 13:44 | Report Abuse

maybe investor need go to monitoring Mr.DIY shop to justify the sales first.

Posted by Goodprofit > 2020-10-11 13:47 | Report Abuse

Thailand & Indo so bad e-co & situation , this two country doesn't have his own hardware shop ?

Posted by Foker > 2020-10-11 13:58 | Report Abuse

thai and Indo already got their own Mr DIY. This Mr DIY is limited to Malaysia only

Posted by megat36 > 2020-10-11 17:59 | Report Abuse

this diy limited to malaysia and brunei only...any money made in thailand,indo,philipin will go to owner only...basically just for dividen play..

Posted by Jeffreyteck > 2020-10-11 18:11 | Report Abuse

If good, owners will not exit via IPO, so generous? Encashed 1.2 billion, lol. PE above 50, will consider around 25.

Posted by anthonytkh > 2020-10-11 19:01 | Report Abuse

1. Why would a company go for IPO? Need money from investors to GROW
2. Why would a company NOT go for an IPO? They don’t need the money, they don’t need public scrutiny, they don’t need to be answerable

Why See Hoy Chan never gone public? Answers above (and probably some family wranglings)