Stock price have declined by about half over the past year. But EPS over the past 3 years have been steady at about RM 0.04 per share. So either the price a year ago did not reflect the business results or this meant there is a good opportunity to investigate for investment opportunity.
Many IPO investors are suffering huge losses since its IPO. It seems that there were huge sell down by the promoters, management team and staff after the listing & lock-in period. It is starting to give an impression that this IPO is merely an avenue for the major shareholders to cash out their investments.
Unbelievable KUALA LUMPUR (Jan 25): Consumer electrical and electronics retailer Senheng New Retail Bhd faltered on its maiden trading day on Bursa Malaysia’s Main Market on Tuesday (Jan 25).
It opened at 90 sen and rose to as high as RM1.01 before closing at 85.5 sen, representing a 21.5 sen or 20.09% discount from its initial public offering (IPO) price of RM1.07.
At 85.5 sen, the retail group had a market capitalisation of RM1.28 billion.
during challenging times, konsumer beli frozen foods dari KAWAN lebih kerap drp Senheng, keperluan vs kehendak... buy and keep senheng for the long term... takda holding power usah beli good luck... Happy new year. last day of trading
anyone who is senheng royalty customer? pls correct me if i were wrong senheng product coverage getting less attractive and uncompetitive many hot items were not found compare to shop like harvey norman.....
SENHENG (5305): IPO Info | I3investor It opened at 90 sen and rose to as high as RM1.01 before closing at 85.5 sen, representing a 21.5 sen or 20.09% discount from its initial public offering (IPO) price of RM1.07.
Buy senheng.... many tourists datang tahun ni.... boosting its sales// also lower unemployment rate for msia this year... buy3... ipo price Rm1.07... if back to RM1+++ kayalah kelak :)
31.5sen dah... berpotensi untuk balik RM1 jika ekonomi kian baik dan para pelancong kembali... good price kini, dibawah nilai aset bersih sesaham... buy call indeed..... good luck
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O K U = Otai Kuat Umno = OKU
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