Many IPO Q-ing to welcome donations from naive bilis who think IPO first day 100% can win money ! If u still not run , it will free fall to 40 sens real value after 3 months!
U should shun property , reit , gloves , tourism , airline , construction stocks because high rates era is coming n it wont back to previous low rate era ! U should invest vstec , gtronics , ranhill n dnex for better gains !
It won't drop so much with the current valuation. Quite surprise it didn't rocket up when opening. Ha. By the way, money flow in the market is quite scattered as there are a lot of companies going to list next..
We invest in long term. Just few cents drop. Some more there is dividend income. Good company, nothing to worry about. For my view , should not drop till 0.70.
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Posted by cytew > 2023-07-10 10:31 | Report Abuse
based on Fibonacci principles, it is likely to retrace to 73/74 this afternoon