On 22 August 2023, M&A Securities on behalf of the Board of Directors of Coraza had announced that Coraza fixed the issue price of the Placement Share at RM0.63 each, representing a discount of approximately RM0.0498 or 7.3% from the 5-day weighted average market price of Coraza Shares from 15 August 2023 to 21 August 2023 of approximately RM0.6798 per share.
Let see, if the price able to surpass this, this is the biggest private placement of all, maybe not now but somehow it would surpass this level and back to bottom. I dont understand how could sheet metal company could have negative earning per share and PAT. After all, it's not an end product company.
Ish..price has been trending up nicely.. sekali results koyak pulak. Worse part, price plunged b4 results came out. Sigh.. such is life. Ikan bilis always get caught. On a brighter note, i see UOB Research is still positive on the stock with a target price of 68 Sen. Hopefully the analyst is right..
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 2905 views | 2 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....
Cakes Moon
6,907 posts
Posted by Cakes Moon > 2024-02-16 23:22 | Report Abuse
Coraza just started its engine, all in before too late!
Don't miss the boat!