Out of 30 IPO this year....swift was supposed to be one of the best....logistic sector had a good run this year..with 12 big names behind this stock.....one would have expected a strong premium.....but many still waiting... Having trusted kwap investment presence...many jumped in on the 1st day.....not knowing KWAP was busy selling.. But hopefully they buy back...and raise their stake..... All eyes on Swift.....the Last IPO of 2021....
I just came back from pusing pusing semenanjung, highway all clear and many logistic truck moving around to north and south... No flood everything smooth...
If you are in transport industry, you will know how good was last few years….. business volume remained, but diesel cost dropped…..freight charges remained….. bottom line $^^^
No end to the sellers....so many just giving up.. The big shareholders of this company need to support.. Kwap decision to sell on the 1st day...really killed the confidence of the investment community... Until it comes back above RM1.03......and stays above it........we can never be sure of its direction....
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....
smartinvestor90
209 posts
Posted by smartinvestor90 > 2021-12-29 10:07 | Report Abuse
TP : 1.50..ENJOY