Many still remember how explosive the IPOs such as Caring Pharmacy , Berjaya Auto listed last year ( 2013 ).
Tomoro , Friday 30 th May , 2014 is another Vincent Tan's IPO , that is 7- Eleven .
Tan Sri VT is the 9th richest billionaire in Malaysia . For him to 'goreng' this IPO will cost him peanut@chicken feed only . What is more important is to maintain his reputation.
This is the much awaited IPO this year , many early birds including funds are set to storm this 7-E . They don't want to miss the boat again - hoping to get the most 'fresh worms' like what happened to the bombastic Caring Pharmacy and Berjaya Auto IPO .
7 - Eleven , TP ( target price ) is RM 2.00 ++...may even be RM 3.00 ? , we never know ! .... after all , this is the Billionaire VT's IPO !
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10 comment(s).Last comment by DRwarrant 2014-05-30 08:59
peanut 10 % ? >> NO WAY--- it's a SHAME to Billionaire VT
see , the issuing price already at the highest end ( that why no refund to ipo applicants ) by the way of book building with cornerstone investors are the highest in Malaysian IPO history !!
## got full support from maybank as stabilizing manager.
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Posted by DRwarrant > 2014-05-29 06:37 | Report Abuse
Many still remember how explosive the IPOs such as Caring Pharmacy , Berjaya Auto listed last year ( 2013 ). Tomoro , Friday 30 th May , 2014 is another Vincent Tan's IPO , that is 7- Eleven . Tan Sri VT is the 9th richest billionaire in Malaysia . For him to 'goreng' this IPO will cost him peanut@chicken feed only . What is more important is to maintain his reputation. This is the much awaited IPO this year , many early birds including funds are set to storm this 7-E . They don't want to miss the boat again - hoping to get the most 'fresh worms' like what happened to the bombastic Caring Pharmacy and Berjaya Auto IPO . 7 - Eleven , TP ( target price ) is RM 2.00 ++...may even be RM 3.00 ? , we never know ! .... after all , this is the Billionaire VT's IPO !