MY personal opinion; This company is selling majority third party product and services, and rely on their revenue from franchise business model. They can survive due to support given by brand owner, but this is not a rocket science business. This is easy entry business, and if any newcomer can offer more value to brand owner, they also can challenge Senheng. Most of the brand owner prefer to go direct to end consumer now, via commerce platform and no need to rely on retailer or distributors. There's nothing to shout on 100+ outlets, in fact that is the risk and many retailer is closing down due to cost and etc. I don't see anything that can convince me to buy this share. just my 2 cents.
the rule of thumb for IPO is when the IPO can't perform on the first day - even became the Worst IPO / Killer IPO then.. ?? 2nd day ? False hope - Further trap liao
the rule of thumb for Any IPO is Simple ,,,, when the IPO can't perform on the first day - even worst became the Killer IPO then.. ?? it's FINISHED../ GAME OVER ..!
Godofgambler@ Sure Game over.. Selling those electrical with no mega projects.. Rm0.40 also expensive for this counter 26/01/2022 1:40 PM ------------ Paralyzed edi...Beyond Repair after all ! Pergghhh,,,,Even own staf Kena PREQQ liao ...
"then why so many ppl interested in the IPO? Only to sell on day one with losses. If after many days or months see stock price go down understood la. This one day 1 already do this. Might as well don't register for the IPO to begin with. There is no benefit for such buyers"
semalam panic bilis selling sebab order 100k dpt 100k bila turun kelam kabut ketakutan jatuh jadi papa kedana...sebab biasa order 100k dpt 10k shj paling tinggi. @serikaya
if want to invest dont listen to anybody here.. this ppl know nothing just want spread fear and greed. Trade with your own knowledge and believe in what your entry and exit plan.
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....
sammyramon
553 posts
Posted by sammyramon > 2022-01-26 12:21 | Report Abuse
High risk counter, avoid it!!