Operator now throw some below ipo price to shake retaillers with small holding power probably, so that they can collect cheaper below ipo, yes they lose a bit but win BIG by collecting cheaper price...
Unbelieveable...IPO today can go way below its listing price. What is the point of applying when one can buy cheap cheap from the market readily...ridiculous
Posted by Live2Win > Dec 21, 2021 3:18 PM | Report Abuse
Unbelieveable...IPO today can go way below its listing price. What is the point of applying when one can buy cheap cheap from the market readily...ridiculous
List at the wrong timing, global market is worrying Omicron yesterday US and Europe all red sea on top of it our local Transportation sector wasn't doing very well by FBMFLCI Buy some at 5% discount from IPO price
Upon its listing, Persada Bina remains as SHB’s major shareholder with as much as 35.87% shareholdings of the firm. As a result, Dato’ Haji Md Yusoff, Loo Yong Hui and Loo Hooi Keat shall be substantial shareholders of SHB via their interest in Persada Bina.
Loo Yong Hui is the Group CEO of SHB while Loo Hooi Keat, his father and Dato’ Haji Md Yusoff are appointed as non-executive directors of SHB.
Kumpulan Wang Persaraan (Diperbadankan) and Bluefin Bidco Ltd remain as its strategic investors with 9.12% and 7.79% shareholdings of SHB after listing.
Selling continuing..promoters may have gotten blocks cheaper than ipo.... Until they finish selling...price will b under pressure.. A lot of big boys inside...let them worry about price movement....below ipo...they will support.. Must have some holding power.....
Operator sure buy coz this is their trick to buy low, logistic and transportation must running to maintain the economy and gov also want the economy to grow now
Worst IPO in bursa recent years history ! Limit down tomorrow ! Thought their prime mover trailers like transformer taikor but end up like a shit n rubbish counter ! Let it drop to 50 sens better !
Many angry today arr hehehe... Cheer up guys coz its part of the game... Who knows tomoro limit down for 2 days then suspended and PN17 before delisted hahaha....
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Posted by Citadel123 > 2021-12-21 15:14 | Report Abuse
buy ATECH la, nowadays EMS is sexy, who cares this logistic company