MR D.I.Y. GROUP (M) BERHAD

KLSE (MYR): MRDIY (5296)

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Last Price

2.08

Today's Change

0.00 (0.00%)

Day's Change

2.06 - 2.09

Trading Volume

3,273,500


3 people like this.

2,580 comment(s). Last comment by NgWS90 3 days ago

najmie1

25 posts

Posted by najmie1 > 2020-10-12 08:48 | Report Abuse

TA securities : TP mr diy RM 1,73

BN_better

991 posts

Posted by BN_better > 2020-10-12 08:51 | Report Abuse

What if drop like retailers Aeon or Parkson later?

najmie1

25 posts

Posted by najmie1 > 2020-10-12 10:14 | Report Abuse

it is a share market. depend on your knowledge...you can win you can loose..all in your hand...

Hl123456

221 posts

Posted by Hl123456 > 2020-10-12 14:29 | Report Abuse

already apply try luck. it is a good company with consistent growth and profit. hope can hit the jackpot...

Posted by warmplayer > 2020-10-12 17:37 | Report Abuse

I've applied too. Feel confident to it.

Hl123456

221 posts

Posted by Hl123456 > 2020-10-12 18:16 | Report Abuse

so let's hope we are lucky and successful in our application...

Foker

1,406 posts

Posted by Foker > 2020-10-12 23:15 | Report Abuse

Adoi, told u not to apply u go apply

Foker

1,406 posts

Posted by Foker > 2020-10-12 23:16 | Report Abuse

GG lor, those who apply. First day go down like mad. Everybody want to exist at RM 1.60

Posted by 631207115149 > 2020-10-13 11:34 | Report Abuse

wow...Interpac TP 1.85

najmie1

25 posts

Posted by najmie1 > 2020-10-13 12:49 | Report Abuse

hopefully right..link to interpac please..
already applied. try my luck..

Hl123456

221 posts

Posted by Hl123456 > 2020-10-14 14:06 | Report Abuse

BN_better What if drop like retailers Aeon or Parkson later?

DIY profit is so much higher compare Aeon or Parkson
anyway today is closing.
wonder how is the subscribtion.

Foker

1,406 posts

Posted by Foker > 2020-10-14 19:39 | Report Abuse

H12234 if you don't subscribe, I am sure they can do without your RM 20k.

ronaldong

271 posts

Posted by ronaldong > 2020-10-14 23:52 | Report Abuse

imagine using ipo money to pay loan

Rwkl

216 posts

Posted by Rwkl > 2020-10-15 14:23 | Report Abuse

Well, it’s certainly not the 1st time in an IPO that a company is using part of their proceeds to reduce its gearing

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2020-10-15 14:44 | Report Abuse

Est push up fast but will drop subsequently like LHI and Ewint etc. Est end 2023 = $0.80 unless bull run.

Foker

1,406 posts

Posted by Foker > 2020-10-15 23:13 | Report Abuse

Yeha Mr DIY is going to be one of the worst flops. Priced at PE 30, this is so bad.

Foker

1,406 posts

Posted by Foker > 2020-10-15 23:13 | Report Abuse

Don't even need to wait end 2023,end of the month already 0.80

Ah Pek

4 posts

Posted by Ah Pek > 2020-10-16 07:34 | Report Abuse

boss want win jackpot ke

williamtkb

3,216 posts

Posted by williamtkb > 2020-10-16 07:39 | Report Abuse

Hoot ah.... No people buy hoot to limit down. Hahaha

Goodprofit

1,022 posts

Posted by Goodprofit > 2020-10-16 07:45 | Report Abuse

Using IPO fund repayment loan & director cash out or bonus ? Fair those minority shareholders and think b4 invest this counter DIY.

Rwkl

216 posts

Posted by Rwkl > 2020-10-16 10:40 | Report Abuse

If directors were to hang on all their shares, there would be no IPO

speakup

26,441 posts

Posted by speakup > 2020-10-16 10:56 | Report Abuse

In a note on Monday, Inter-Pacific Re-search Sdn Bhd analyst David Lai rec-ommended investors subscribe to Mr DIY’s initial public offering (IPO), based on its merits and outperformance against its Asean peers that offers value in the longer-term.Lai placed a fair value of RM1.85 on Mr DIY, based on a target price-to-earnings ratio (PER) of 27.5 times to its forecast earnings per share of 6.7 sen for the calendar year 2021 (CY21).

speakup

26,441 posts

Posted by speakup > 2020-10-16 10:56 | Report Abuse

TA Securities Research’s Jeff Lye, meanwhile, placed a fair value of RM1.73 on Mr DIY, based on CY21 EPS of 6.9%, and a PER of 25 times.

Stocks888

586 posts

Posted by Stocks888 > 2020-10-16 11:30 | Report Abuse

Today will know success or not right ?

Posted by Snowpiercer > 2020-10-16 14:37 | Report Abuse

Grossly overvalued.........same old story of hypermarket during its heyday.........open open open then close close close................. Private Equity cashing out.........so they don't care.............for underwriters...good luck

Alfonso

3,116 posts

Posted by Alfonso > 2020-10-16 14:39 | Report Abuse

when can judi? can't wait already

apolloang

18,163 posts

Posted by apolloang > 2020-10-16 15:01 | Report Abuse

lazada I want lah,mr diy I no want

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2020-10-16 15:25 | Report Abuse

Est push up, then gradually down like EWINT, LHI, etc. Offerers can't wait to be listed as market is hot and $1.2 billion encashed.

apolloang

18,163 posts

Posted by apolloang > 2020-10-16 15:28 | Report Abuse

the 2nd LCTITAN on the way

Erickson

94 posts

Posted by Erickson > 2020-10-16 16:38 | Report Abuse

watching out , not every ipo share will earning , example souther cable ipo 34 cent , open 33.5 now 33 cent

Stocks888

586 posts

Posted by Stocks888 > 2020-10-16 19:29 | Report Abuse

Release balloting!

gemfinder

6,880 posts

Posted by gemfinder > 2020-10-16 19:33 | Report Abuse

Those kena ipo means kena lightning. Hangus

Posted by Loh Ken Nei > 2020-10-16 19:40 | Report Abuse

hear high% get for those apply, will this mean 1st day listed will drop?

Stocks888

586 posts

Posted by Stocks888 > 2020-10-16 19:55 | Report Abuse

At here who success?

Tokay111

116 posts

Posted by Tokay111 > 2020-10-16 20:34 | Report Abuse

IPO very hard to estimate that's why need underwriting from IB. I never thought optimax will double the price looking at the MCO environment but it did. One benefit Mr DIY has is that even amateur or newbie know what its business model is. The PE of 30 is high but common for many IPO as most need to show track record of growth to reduce balance the pe later. Proceeds to reduce borrowing is definitely one of the least desired indicator but it's a chicken egg argument of 1) Reduce borrowings to borrow more to expand later or 2) Expand now and borrow later.

Will monitor the price for 2 weeks before deciding. I think the interest will be higher if cmco is over for Klang valley around end Oct (not likely).

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2020-10-16 22:21 | Report Abuse

Main Market-bound Mr DIY Group (M) Bhd, Bursa Malaysia's biggest listing of the past three years, saw the public portion of its initial public offering oversubscribed by just 0.07x. lol. Good luck.

Erickson

94 posts

Posted by Erickson > 2020-10-17 01:59 | Report Abuse

i think over 90% public succeed with around full unit apply , bumi 100%

Erickson

94 posts

Posted by Erickson > 2020-10-17 02:00 | Report Abuse

hope DIY find a goreng shared gang come , dont like souther cable drop when open listing ...

Hl123456

221 posts

Posted by Hl123456 > 2020-10-17 02:09 | Report Abuse

Notable institutional investors to this exercise include: Aberdeen Standard, AIA, BlackRock, FIL Investment Management, JPMorgan Asset Management and Pictet Asset Management.

These cornerstone investors make up 76% of the institutional offering tranche.

Hl123456

221 posts

Posted by Hl123456 > 2020-10-17 02:11 | Report Abuse

BlackRock is the world's largest asset manager, with $7.4 trillion in assets under management as of end-Q4 2019.

Foker

1,406 posts

Posted by Foker > 2020-10-17 03:28 | Report Abuse

Mr DIY is the worst ipo I ever seen. Founders borrow Alot of money and pay out RM 500 mil to themselves before listing. Who the fuck wants to pay off the loan incurred by another person? This is straight up scam

AlvinTSK

1,750 posts

Posted by AlvinTSK > 2020-10-17 10:32 | Report Abuse

Ready to play on 26 Oct?
Lets Hit and Run !!!

ivanlau

1,366 posts

Posted by ivanlau > 2020-10-17 10:38 | Report Abuse

Insider news, first day trading it will fall below IPO price 30 % , let us wait and see ......

AlvinTSK

1,750 posts

Posted by AlvinTSK > 2020-10-17 10:41 | Report Abuse

Why pour cold water now ??
Should do it in the afternoon of opening where things are peak and then dump !!

Foker

1,406 posts

Posted by Foker > 2020-10-17 12:48 | Report Abuse

Second day fall another 30%

Foker

1,406 posts

Posted by Foker > 2020-10-17 12:49 | Report Abuse

Alvin u still think there will be pump? Everyone including the big guys will rush out the moment it list

Posted by Smallretailer > 2020-10-17 13:05 | Report Abuse

The Edge stated that  public portion of its initial public offering (IPO) oversubscribed by a mere 0.07 times.this is already a red flag with overall retail investors not interested

Tokay111

116 posts

Posted by Tokay111 > 2020-10-17 15:37 | Report Abuse

Record still belongs to LTC. Public undersubscribed by 30%. Mr DIY bad IPO timing due to cmco in Klang valley. The price also a factor, it's 5.7 times econframe and 3.3 times samaiden and not lots of public spread. Waiting to see whether got local funds like EPF or PNB picking it up

Posted by GorengHealthcare > 2020-10-17 16:26 | Report Abuse

cz it was sold at so expensive valuations when inside there just selling some cheap subpar products. Be careful retailers panicking throwing shares on listing day itself. Unless Mr B come out and support share price.

Hl123456

221 posts

Posted by Hl123456 > 2020-10-17 17:00 | Report Abuse

Not sure how the overseas or institutional investment will play in this listing as seems they hold much higher portion compare to retail.....

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