remember the LCTITANS the biggest IPO ever release if not mistaken at 6.35 ..after that not even pass 7 ringgek...QSR brand maybe will be the second biggest IPO .....litle worried here
serikaya @sebab percaya dgn ajaran semua ipo mesti jual hari pertama listing ..tak pasal² tanggung kerugian ---------- Arr you getting better now ?? ...proven Getting Worst - On further Azab ( Suffering ) after listening to own made ajaran sesat mehh
Hahahaaa..., CEO took the ipo money away and laughing all the way to the bank... They pressed down the price to a very low level and sell high later...investors especially ikan bilis suffer most..
@OKU, there is no tactic, you just need to understand the business model, read the balance sheet and have conviction of the management team and their future plans and wait patiently. The problem with these punters are just they want to make immediate money and be happy. Most often, they all burn their money.
It has crazy high PE ratio of 120+. Good PE ratio is around 20-30. Also biz not that unique selling electrical appliances which has many competitors in market. Mr DIY different higher profit margin due to cheap goods and almost zero competitor.
The SenHeng IPO Principal Adviser(s) is Mercury Securities Sdn Bhd this is the most PK Securities, all counter no matter IPO or M&A done by this PK securities at the end is only become holland stock only.
This baria securities where know how to IPO stock and doing M&A the only good they are is only know how to con investor
a lot of SheeetHeng IPO buyers could be visiting Penang Bridge.
pure Greed in pricing IPO 28/01/2022 7:05 PM ---------------- hmmm,,,,,better tightening security / monitoring - rondaan not only on the old Penang Bridge but oso the New Second Bridge .( Batu Kawan Area ) ... --------------
serikaya @sebab percaya dgn ajaran semua ipo mesti jual hari pertama listing ..tak pasal² tanggung kerugian.....
hmmm...you too the Roti Srikaya to be blamed for FURTHER injuring / suffering / AZAB the IPO ADDICTS . They ( the IPO Addicts) may THROWWWWWW shoes & even Egg You ( like Australian Egg Boy ) on your new invented " ajaran sesat "
serikaya@ ramai bilis yg menyesal atas kerugian kerana jual awal -- - - - - - - Proven... How now ? Aiyooo...Who are menyesal@regretted now Have you bang @ hempoq your head to the Wall 10 X
Many years ago, more than a decade, I think, there's a company called Hock Seng leong, ike senheng also selling electrical items was listed on the main board at an ipo price of 1.60 but like senheng, Hock Seng leong share price dropped non stop after the listing. I managed to picked up some shares at around 1rm but it dropped to 0.50 before rebound to 0.60. Out of frustration, I decided to disposed at a big loss. Not long after I disposed the shares, the company went into liquidation n was finally delisted. In a way I was relieved that I had managed to disposed the shares n got back part of my capital.
The electrical retail business is a low capital zero knowledge business. anybody can do it.
its so competitive, margins are just 7%, means sell RM1,000.00 TV ==> RM70.00 profit
during a period of rapid technological change from Plasma to LCD to LED, some players will go bankrupt if eyes off the ball. Obsolete stocks are a huge killer.
Benhobenhobenho Many years ago, more than a decade, I think, there's a company called Hock Seng leong, ike senheng also selling electrical items was listed on the main board at an ipo price of 1.60 but like senheng, Hock Seng leong share price dropped non stop after the listing. I managed to picked up some shares at around 1rm but it dropped to 0.50 before rebound to 0.60. Out of frustration, I decided to disposed at a big loss. Not long after I disposed the shares, the company went into liquidation n was finally delisted. In a way I was relieved that I had managed to disposed the shares n got back part of my capital. 29/01/2022 10:39 AM
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....
amateurJR
2,366 posts
Posted by amateurJR > 2022-01-28 10:22 | Report Abuse
no power this stock. one of the worst performing IPO