Posted by Profit101 > 2023-12-28 18:01 | Report Abuse

ACE Market-bound Master Tec to price IPO at 39 sen apiece to raise over RM111m

https://theedgemalaysia.com/node/695451

Posted by newbie8080 > 2024-01-05 19:40 | Report Abuse

https://www.bfm.my/podcast/morning-run/the-breakfast-grille/master-tec-ace-ipo-share-wire-cable-2024

Don't sound convincing right?

Posted by FinanceInRealLife > 2024-01-09 20:08 | Report Abuse

everything you need to know about Master Tec

Posted by FinanceInRealLife > 2024-01-09 20:08 | Report Abuse

Here's the video: https://www.youtube.com/watch?v=mb8DFYJgRS0

Posted by jeffchan1901 > 2024-01-18 15:16 | Report Abuse

PE at 20 times is very very high vs industry at 16 times. Its a good IPO to consider but the price is over valued. I am now having second thoughts.

Posted by BryanW > 2024-01-22 21:14 | Report Abuse

Under the Bumiputera Malaysian Public category, a total of 2,475 applications for
80,304,700 IPO Shares were received, which represents an oversubscription rate of
2.15 times. Under the other Malaysian Public category, a total of 4,801 applications for
333,342,400 (IPO Shares were received, which represents an oversubscription rate of
12.07 times.

Posted by EatCoconutCanWin > 2024-01-23 08:44 | Report Abuse

Buy at opening

Posted by ronnie2u > 2024-01-23 23:35 | Report Abuse

Hopefully huat on first day !!
FV 50 sen

Posted by icecool > 2024-01-28 16:50 | Report Abuse

tomorrow limit up!

Posted by BE_GREEEEEDY > 2024-01-28 18:53 | Report Abuse

ipo fever again
RM 1.00. NO SWEAT

Posted by Signal > 2024-01-29 08:44 | Report Abuse

merah / hijau ?

Posted by goody99 > 2024-01-29 08:59 | Report Abuse

According to some, it is the best IPO in January. Guess not. Anyway, fundamentally seems nice and I am sure it will go up eventually

Posted by BE_GREEEEEDY > 2024-01-29 09:01 | Report Abuse

ATTACCKKKKKKKKKKKK $$$$$

Posted by Signal > 2024-01-29 09:01 | Report Abuse

hijau

Posted by Signal > 2024-01-29 09:09 | Report Abuse

seram

Posted by sammyramon > 2024-01-29 09:13 | Report Abuse

rubbish

Posted by Apple2353 > 2024-01-29 09:21 | Report Abuse

Holland liao.. useless IPO

Posted by Karlos > 2024-01-29 09:23 | Report Abuse

IPO was definitely overpriced and there are many better value stocks already in the market. In an IPO never forget caveat emptor.

Posted by Michael Kwok > 2024-01-29 09:29 | Report Abuse

Price 38.5 cents
Got discount must buy.a little slow,but dun be surprise it up after 10.30am.
29/1/24 9.30am

Posted by sammyramon > 2024-01-29 09:33 | Report Abuse

more mega discount after 10.30...

Posted by EatCoconutCanWin > 2024-01-29 09:37 | Report Abuse

what going on... up up like kjts

Posted by Apple2353 > 2024-01-29 09:54 | Report Abuse

lap sup counter. kena also cry 3 times

Posted by EatCoconutCanWin > 2024-01-29 10:02 | Report Abuse

bumi keep unloading. hold, up soon

Posted by OKU_2020 > 2024-01-29 11:25 | Report Abuse

??.....VRROOOOOOOOOOOMM

Posted by OKU_2020 > 2024-01-29 12:07 | Report Abuse

BOOOO CHOWWWW CCCCCCCCCCCCCCC

Posted by EatCoconutCanWin > 2024-01-29 12:28 | Report Abuse

Oku coming... Run

Posted by Jimmy1218 > 2024-01-29 12:28 | Report Abuse

What happen to MTEC !!!

Posted by Jimmy1218 > 2024-01-29 12:29 | Report Abuse

Can someone explain

Posted by Tigerchan > 2024-01-29 12:29 | Report Abuse

Wainting .240

Posted by BryanW > 2024-01-29 12:56 | Report Abuse

The fundamental side of the company is quite okay, good for long holding, bit disappointed of its oversubcription rates.

Posted by zoizai > 2024-01-29 13:32 | Report Abuse

Boss laughing to the bank.

All ipo subscribers cries

Posted by GammaRay > 2024-01-29 14:23 | Report Abuse

Looks like MITI is selling today ... tomorrow the market should be stronger and it will make a nice rebound I guess

Posted by FintechHarmony > 2024-01-29 14:27 | Report Abuse

Selling pressure is high but seems like can hold at current price

Posted by goody99 > 2024-01-29 14:51 | Report Abuse

some of the buy queues disappear. It looks like many who get this IPO are still queuing at 39, 39.5 & 40 sen

Posted by EatCoconutCanWin > 2024-01-29 14:52 | Report Abuse

run....before close red sea

Posted by powerup89 > 2024-01-29 15:15 | Report Abuse

tunggu below 0.30...hohoho

Posted by EatCoconutCanWin > 2024-01-29 15:22 | Report Abuse

patut la nama pun lebih kurang jer

Posted by spider68 > 2024-01-29 15:26 | Report Abuse

Elephant Skin Also Not So Thick.

Posted by icecool > 2024-01-29 15:31 | Report Abuse

what kind of ipo is this ? hahaha

Posted by Abram66 > 2024-01-29 15:35 | Report Abuse

Relax, MTEC is in the right industry, and the cable business is booming. According to the research, the global wire and cable compound is expected to grow at a CAGR of 8.86%

Posted by leedjuta > 2024-01-29 16:06 | Report Abuse

Punah Harapan..😥

Posted by wiminvestor > 2024-01-29 16:15 | Report Abuse

Dunno why sell on day one if subscribe ipo, don't gamble & invest for long term ma, anyhow thanks for pushing fdown

Posted by ronnie2u > 2024-01-29 16:25 | Report Abuse

push out the weak holders from the IPO

Posted by GammaRay > 2024-01-29 17:25 | Report Abuse

Dnt worry, this company has strong client base and major players in town are its clients, e.g. MNHLDG, JTGROUP, etc. So, anticipate it will rebound tmr

Posted by ZaraSheng > 2024-01-29 17:36 | Report Abuse

tmr rebound??

Posted by BenjaminSS14 > 2024-01-29 18:25 | Report Abuse

"tmr rebound??" - In my opinion, most likely not and will drop further due to the selling pressure and lack of buyers. Perhaps it may range between 35 cents to 38 cents (still below the IPO price).

Posted by spider68 > 2024-01-29 18:38 | Report Abuse

Don't know & cannot confirm. Any possibility that the boss has offloaded those offer for sales shares below the IPO price to his friends. Those dumping from RM0.39 to RM0.36 perhaps got it below RM0.30? Cannot confirm.

Posted by jomvalueinvest2 > 2024-01-29 20:22 | Report Abuse

Aim for mid-long term then as ⁠the new factory is expected to strongly contribute to their revenue and profit. Fyi, MV cable margin is higher

Posted by Yu_and_Mee > 2024-01-29 21:08 | Report Abuse

too many outstanding shares for IPO and not in Main Board

Posted by Yu_and_Mee > 2024-01-29 21:09 | Report Abuse

I felt like cashing out by the founder