Why approve listing price so high... If really cannot support....why promote..to 9 institutions.. I'm only glad KWAP is there....their style is to corner the share....this kind of stock....need to purchase with holding power....if it drops to somewhere between 92 and 95....will buy some... But i doubt it will trade red today...lets c Flood situation will improve gradually....trucks will ride out...Logistics still good....
Below ipo price is a huge discount for this company... Need holding power to profit with this stock... Looks like operator start collecting this morning...
so much so as of 18.5 times over subscribed and 9 cornerstone investors, and yet first day of IPO drop 6 percent. What a fUp bs on the opening day. Seriously, if you want to invest on a company, this will not be the one to hold because no confidence already shown on the first day listed. If you think you are smarter and have free cash go ahead, but keep in mind, from day one they already show that you are just their cash machine.
When the dust settles...when all those who are able to selll below ipo price....finish selling... The price will recover.....contra players burn for sure... Yes its one of the biggest logiatic companies listed... Selling on the 2nd day already less aggressive...will hold till 1st qtr of next year and c.. Our market generally is still weak.....some big names there...let them support...let them worry...
Once...the shares are controlled...then the game will reverse...upwards.. Its been a long time since KWAP took up a stake in a logistic company.........so got to be patient...
Already waiting to collect, hope operator will throw lowest price again today at 2.30pm market session... I wonder what price operator bought coz they selling at cutloss price now from what i see hahaha....
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 3111 views | 3 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....
richardsharing
213 posts
Posted by richardsharing > 2021-12-21 20:46 | Report Abuse
Bullet to stabilise, 20% gone