This counter is undersubscribed. Hope for the best when it get listed...For some who got 100% it is a clear sign that the counter is undersubscribed....Because The FV i saham is only RM 0.25. I think it will be 0.30 on listing day....
@Steventim777, just take a look at EatCoconut he got 100%. Still remember Radium...IPO @0.50. It was oversubscribed by 7 or 8 times and i got 100%. was so happy but when listing day came....it was 0.38 below IPO price.Applying for IPO most the time you will never get the full allotment. There is chart that shows how many lots you will get. Have you got that chart? I am still holding Radium till today. Hope it will go beyond that IPO Price
There are rules for Companies that will be listed. If on balloting , if it is undersubscribed the Director of the company will have to take up all the existing shares that are not subcribe...In order not to scare the investors they will say ....oversubscribed by how many times. In reality, its undersubscribed....
@ EatCoconut...did you know at FV i- saham this PLYTEC is only 0.25 a share. I hope it will go as high as you mentioned but after knowing about this price i give it a miss.
Yup, so true. I have been keeping Leform ( 100 lots....24k ) since ipo until now which is almost a year. Good thing is I am now making money with Leform hitting ATH.
investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
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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....
syazrell
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Posted by syazrell > 2023-10-24 17:51 | Report Abuse
35cent 🤔