What a worst timing to get listed. Frankly speaking no hope. Open 0.775 want tp ady tp d otherwise all who pick up above 80sen today & failed to sell will fight to cut lost upon T3.
No IPOs because it sucks money from other shares is a thinking from a pea brained investor. So let’s stop going to KFC, Starbucks, Aeon, Mr.Diy, McD, KK, 99 etc as their massive expansion causes small businesses to lose their customers. You are just jealous others can use the system in a legitimate way
Tuju Setia: Reports 1Q21 net profit of RM3.5m. Tuju Setia reported net profit of RM3.49m on a revenue of RM59.29 million in its 1Q21. Tuju Setia’s revenue was derived from billings from seven on-going construction projects. End of 1Q21, the group increased its balance order book to RM1.26bn. (SunBiz)
With IPO proceeds in hand and a long way till dividend, this crap could sink to Serba's 35 sen level before our taiko further enlarge their stake. Hopeless.
Waiting to see how bad their QR will be. Apart from profiteering from buying and selling of shares (no admission that it'sa new segment), I wonder if their high hope glove plans have even taken off. Funds long raised.
Does yesterday's closing price 0.51 offers a great opportunity to accumulate?
Based on IPO price of 0.70 on 19th May 2021, closing price of 0.51 is trading at a huge discount or loss of 27%!! Certainly more losses for those who bought above 0.80.
The significant depressed stock price was largely due to untimely listing due to MCO and extended MCOs rather then biz fundamentals. With the 80% full vaccination for all population achieved to-date, expected opening of economy's activities and forthcoming Budget in October, stock price valuation should match and in line with all the positive developments.
Given the rare attractive price, profitable business (and 25% Dividend payout ratio policy), solid management and track record as well as good construction recovery prospects, is it perhaps now a good timing to consider bargain hunting for the deemed low-hanging fruit?
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....
cywk
293 posts
Posted by cywk > 2021-05-19 20:02 | Report Abuse
closed at 0.74. based on the volume. tmr still got shows?