Posted by Zakir Yusoff > 2013-09-18 07:44 | Report Abuse

Hi all, What you think of WESTPORT IPO price RM 2.50. Is it too high? Better to buy after listing like AirAsiax or Astro?

2 people like this.

143 comment(s). Last comment by ladzatz 2013-10-18 23:54

twim

302 posts

Posted by twim > 2013-10-18 08:50 | Report Abuse

Wrpts wrpts wrpts wrpts....up up n away..create some excitement man..

Haha

413 posts

Posted by Haha > 2013-10-18 08:53 | Report Abuse

so many buyer n seller at 2.70...

alenac

2,657 posts

Posted by alenac > 2013-10-18 08:55 | Report Abuse

very big q.

imoogi99

1,640 posts

Posted by imoogi99 > 2013-10-18 08:57 | Report Abuse

Why rush to join the crowds at higher price when you can get it cheaper later on?

freonsf

645 posts

Posted by freonsf > 2013-10-18 08:59 | Report Abuse

what is your Q price? Imoogii..

imoogi99

1,640 posts

Posted by imoogi99 > 2013-10-18 09:04 | Report Abuse

2.00-2.30 or else I will forget it. See now it is only 18% buying...so 72% selling.

Posted by Lollipot Anison > 2013-10-18 09:06 | Report Abuse

of course the selling is more than buying this is IPO dude.

twim

302 posts

Posted by twim > 2013-10-18 09:10 | Report Abuse

Now to wait for abit later...whether shoot up or shoot down...don look at it for now...

sephiroth

14,146 posts

Posted by sephiroth > 2013-10-18 09:22 | Report Abuse

the money raised is not for the company but for the already damn rich substantial shareholders. par value 10 sen again

Posted by bachok alwee > 2013-10-18 09:24 | Report Abuse

Shukur dapat jual RM2.70. Tahniah kpd kawan yang lain

twim

302 posts

Posted by twim > 2013-10-18 09:29 | Report Abuse

Yes sold some at rm2.70...Ada lagi ni simpan utk teman epf n pnb...

mysaham

304 posts

Posted by mysaham > 2013-10-18 09:29 | Report Abuse

sudah jual. cepat betul.

Posted by Kamarul-Zaman Zakaria > 2013-10-18 09:31 | Report Abuse

Price to buy now below RM2.60...

twim

302 posts

Posted by twim > 2013-10-18 09:37 | Report Abuse

Yup rm2.60 should be good to go in...

saufi74

804 posts

Posted by saufi74 > 2013-10-18 09:38 | Report Abuse

Saye dah jual abis 250k @ 2.70...tapi rasanye bole beli below 2.60...cornerstone investors akan push nti..

imoogi99

1,640 posts

Posted by imoogi99 > 2013-10-18 09:38 | Report Abuse

Cheap...cheaper...cheapest....cheapeeeeest stil! Wait at 2.00.

twim

302 posts

Posted by twim > 2013-10-18 09:57 | Report Abuse

Cornerstone tak leh rugi la..kena Bagi dividen lagi tahun depan...kasih push dia nanti

tomwah

1,599 posts

Posted by tomwah > 2013-10-18 09:57 | Report Abuse

wait and see

Tripaka

2,966 posts

Posted by Tripaka > 2013-10-18 09:58 | Report Abuse

1.80

minitrader

2,273 posts

Posted by minitrader > 2013-10-18 09:59 | Report Abuse

aiya...where can down to 2.00?...

tomwah

1,599 posts

Posted by tomwah > 2013-10-18 10:00 | Report Abuse

trg 2.5

alenac

2,657 posts

Posted by alenac > 2013-10-18 10:02 | Report Abuse

lari kuat2, all done, see any break below 2.52

minitrader

2,273 posts

Posted by minitrader > 2013-10-18 10:03 | Report Abuse

2.52? dream leh

Posted by Lollipot Anison > 2013-10-18 10:06 | Report Abuse

big hand coming

alenac

2,657 posts

Posted by alenac > 2013-10-18 10:07 | Report Abuse

Possible below RM2.50 as very low buying support.

minitrader

2,273 posts

Posted by minitrader > 2013-10-18 10:24 | Report Abuse

alenac...don't dream of 2.50....This stock has strong institutional holding n hence, support. Why would we think of RM2.50 when that's the IPO price? Don't tell me this stock doesn't deserve a premium despite the many complaints about the high IPO price.

SANG-JERO

3,980 posts

Posted by SANG-JERO > 2013-10-18 10:31 | Report Abuse

West Port will fly after it break 2.64....This company has billions in Cash...They don't use IPO proceeds for their day to day operation.....IPO proceeds already goes into shareholders pocket Tan Sri G and family, Li Ka Shing , Khazanah etc....A very good investment for mid term....Look at its peers North Port and Bintulu Port...

If closing price is 2.70 today...next trading TP will exceed 3.00

minitrader

2,273 posts

Posted by minitrader > 2013-10-18 10:51 | Report Abuse

yup...

twim

302 posts

Posted by twim > 2013-10-18 11:38 | Report Abuse

Patience is key..they need to wash out the short term traders wif some goodies...now at rm2.64 is about 6% premium...good dividend next year fr epf n pnb..
Should close above rm2.70...despite all the negativity, I'm holding on to mine...

iafx

4,632 posts

Posted by iafx > 2013-10-18 11:40 | Report Abuse

better save bullet for UMW...

SPSETIA

103 posts

Posted by SPSETIA > 2013-10-18 11:42 | Report Abuse

2.50 is matter of time, : )

Posted by zacky979 > 2013-10-18 12:08 | Report Abuse

i agree minitrader.. Westport got good support hand.. so I think it will be a good closing today..as per the good opening..

Posted by bachok alwee > 2013-10-18 12:11 | Report Abuse

I also agree second wave this afternoon

minitrader

2,273 posts

Posted by minitrader > 2013-10-18 12:20 | Report Abuse

good bye 2.50..

wt222

1,228 posts

Posted by wt222 > 2013-10-18 12:22 | Report Abuse

Westport is certainly much better than UMW Oil & Gas....UMW Oil & Gas's PE is around 30, high borrowings, no div policy...

twim

302 posts

Posted by twim > 2013-10-18 12:47 | Report Abuse

Rm2.66 not bad for recovery. Who Bot below rm2.64 making money already.

saufi74

804 posts

Posted by saufi74 > 2013-10-18 12:53 | Report Abuse

I bought some 2.57-58...if break 2.70...can move up 2.80-90...just be patience...

twim

302 posts

Posted by twim > 2013-10-18 14:05 | Report Abuse

Saufi lagi. Haha. Rezeki melimpah bro.

yet110423

25 posts

Posted by yet110423 > 2013-10-18 14:22 | Report Abuse

$2.66
i think today ends at 2.7

Lasallian

392 posts

Posted by Lasallian > 2013-10-18 18:46 | Report Abuse

Cerita ttg Westports tlh settle....dpt percuma 5K saham Westport dan modal pusingan tlh kembali.Skrg tumpu kpd eIPO UMW O&G pula. Jadual agihan boleh rujuk di MIH. Mcm susah mau kena kali ini!

twim

302 posts

Posted by twim > 2013-10-18 23:40 | Report Abuse

Dah jual Sumer 60 biji ? Bagus bagus...Aku Ada setengah lagi...

TESSA

7,919 posts

Posted by TESSA > 2013-10-18 23:46 | Report Abuse

good for long term investors, the company indicated 75% dividend payout :)

ladzatz

975 posts

Posted by ladzatz > 2013-10-18 23:54 | Report Abuse

Notice of Person Ceasing (29C)

WESTPORTS HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name Khazanah Nasional Berhad
Address Level 33, Tower 2, Petronas Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur.
NRIC/Passport No/Company No. 275505-K
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary Shares of RM0.10 each
Date of cessation 16/10/2013
Name & address of registered holder Lankayan Ventures Sdn Bhd
Level 33, Tower 2,
Petronas Twin Towers,
Kuala Lumpur City Centre,
50088 Kuala Lumpur.
Currency Malaysian Ringgit (MYR)
Number of securities disposed 94,936,600
Price Transacted ($$)
Circumstances by reason of which a person ceases to be a substantial securities Holder Khazanah Nasional Berhad ("Khazanah") is deemed to have interest pursuant to Section 6A of the Companies Act, 1965 through its wholly owned subsidiary, Lankayan Ventures Sdn Bhd ("LVSB"), which is a substantial shareholder of Westports Holdings Berhad ("WHB").

Placement of WHB's shares pursuant to Initial Public Offering by WHB resulting in dilution of Khazanah's shareholding in WHB via LVSB from 7.52% to 4.74%.
Nature of interest Indirect Interest
Date of notice 18/10/2013
----
mati 1st day sudah buang 94,936,600 units
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1437881

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