if i can get back my monies tomorrow i will bid for evergreen. at 24 cents they are even cheaper than pappajack's first pawnbrokers' ipo. this is a recession-proof business and they will never lose money one. only issue is how big are their profit margins. so, i am bullish about evergreen max
the worse the economy....the even better the pawn business...more people pawning their gold , valuable things and what not during recession time ....can't rule out this Evergreen to hit 80 sen - rm 1.00 ....
no point - wait till last minute very risky internet down , bank app jamn n what not btw not easy to get this IPO >> NO RISK LEGAL PAWN FINANCING making money $$$$$ co .. .even better business during now economic hardship/slow down hello... comrade PPJACK now trading RM 1.00
I did some research on PAPPAJACK and was really surprised how fast these 2 companies grew. Revenue and profit grew quite fast. No joke... Their business is not sunset business like I thought. Good luck to those who subscribe successfully to this IPO.
Hi newbieYM, call your bank. I applied with Maybank. they told me my CDS number is not in use. This is impossible. My CDS is still active. They are checking now.
If still pending by today at your Maybank savings acc, it means your application is pending for second balloting by this Friday 22nd Sept. Usually second balloting is 3 working days prior to listing.
Evergreen Max Cash Capital Bhd's (EMCC) share price opened at 32 sen on Tuesday (Sept 26) on its debut on the ACE Market of Bursa Malaysia, an eight sen or 33.33% premium over its initial price offering (IPO) price of 24 sen. (https://theedgemalaysia.com/node/683879)
Personally, I will keep the my IPO shares until I see a clear direction in the market. The Promoters and Pre-IPO investors are permitted to unload a certain portion of their shares after the end of the 1st moratorium. If they do not sell, maybe its a good indication of a stronger performance and dividend income possibility.
(d) 139,400,000 NEW SHARES BY WAY OF PLACEMENT TO SELECTED BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INVESTMENT, TRADE AND INDUSTRY; AND (II) OFFER FOR SALE OF 43,000,000 EXISTING SHARES BY WAY OF PLACEMENT TO SELECTED INVESTORS, AT AN IPO PRICE OF RM0.24 PER SHARE
This IPO is non-Syariah. Why so many bumi MITI shares allocated?
This IPO depend mainly on B 40 poor people, so limited upside Hmmm...got millllions of Sabah / Sarawak Bumi + Siamese + Portugese + Moderate@ Progressive Bumi liao
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....
EatCoconutCanWin
6,627 posts
Posted by EatCoconutCanWin > 2023-09-05 09:02 | Report Abuse
ah long always a good choice to in, buy in . they are most profitable margin with low risk.