with over subsciption almost 200 X.... RM 1.20 ++ opening is NO SWEAT May even hit RM 1.50 ,- 2.00 thanks to IPO MADNESS NOW ON GOING Even DULL Property KTI BREWINGG TODAY $$ BTW Agricore Limit up = RM 2.50
short term player nowadays are fancy in IPO new listing share .But for value investors esp long term investor will look thing differently, 3A & AGRICOR fall on same industry agrocor PE 28 cap 175mil with debt gearing with no wellknown shareholder 3a PE 9 cap 475 mil with debt free n Wilmar one of the major shareholder Both also in mid of expansion....but share price react differently
dudes.....thanks to .IPO crazy- madness this is the answer...$$$$$ Let join the IPO Bandwagon@Ship or left out and become Crying Baby/ Sour Grape ..he he he 🤣
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gunter
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Posted by gunter > 2 months ago | Report Abuse
Agricore’s IPO Oversubscribed By 130 Times
It's been a while since we witnessed new IPO stocks which traded 2x or 3x on listing day.
Will it happen for ACRICOR?