Posted by Wind Ng > 2015-07-01 00:39 | Report Abuse

Is it good to apply for this IPO

Be the first to like this.

27 comment(s). Last comment by Mohd Fahmi Bin Jaes 2015-07-27 22:15

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2015-07-19 19:05 | Report Abuse

JF Apex Research has set a fair value of 70 sen for Ikhmas Jaya.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2015-07-19 19:11 | Report Abuse

Inter-Pacific Research Sdn Bhd has placed a fair value of 63 sen on Ikhmas Jaya Group Bhd, implying a 20% discount to Econpile Holdings Bhd (12 times).

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2015-07-19 20:01 | Report Abuse

MIDF Research values Ikhmas Jaya at 54 sen.

Beza

1,847 posts

Posted by Beza > 2015-07-22 08:49 | Report Abuse

You see, they are all inconsistent in setting a fair value. We must be alert as they all may have their own motive behind. You yourself analyse form the prospectus decide the fair value.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2015-07-22 23:32 | Report Abuse

EPS 2.16 sen X 4 = 8.64 sen
Using p/e of 12, we have 8.64 X 12 = RM1.04
So buy around 63 sen to 70 sen and sell at around RM1.04.

Beza

1,847 posts

Posted by Beza > 2015-07-23 15:46 | Report Abuse

Not like that. That EPS 2.16 cents is for the original number of shares before listing. Now you must divide net profit by total number of shares after listing which is 520000000. RM8494000 or 849400000 cents divide 520000000 is 1.633 cents per share. This the technical part we investor must know, always do our work by referring to the latest number of shares (after listing).

Beza

1,847 posts

Posted by Beza > 2015-07-23 15:48 | Report Abuse

So EPS 1.633..(per Q) X 4 = 6.53 cents EPS per annum.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2015-07-23 17:07 | Report Abuse

Hah! 6.53 X 12 = 78.36 sen only woh. Like this very risky.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2015-07-23 17:30 | Report Abuse

Or 80% of Econpile (RM1.07) = RM0.86

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2015-07-25 00:29 | Report Abuse

http://www.bursamarketplace.com/index.php?ch=35&pg=120&ac=16567&bb=research_article_pdf

TA Securities gives Ikhmas Jaya a fair value of only RM0.555.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2015-07-25 00:32 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2015/07/23/AmResearch-initiated-coverage-on-Ikhmas-Jaya/?style=biz

AmInvestment gives Ikhmas Jaya a fair value of RM0.70.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2015-07-25 04:12 | Report Abuse

Dow Jones Industrial Average (^DJI) -DJI
Watchlist
17,568.73 Down 163.19(0.92%) 4:04PM EDT

Hope IKHMAS will open reasonable low (for us to buy in the first 30 minutes with < 10 sen premium) but will fly and close high in the afternoon session on Monday. Hope it will continue to rise in the next two weeks to test the RM1.00 resistance.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2015-07-25 20:20 | Report Abuse

All the three latest IPOs open less than 10 sen premium. Our hope is able to buy at the lowest. If follow Xin Hwa, it happens 15 minutes after opening. If follow Dolphine and Sedania, it happens at closing. Not an easy task at all in purchasing IPO at the lowest. There is no such thing as early birds can buy at the lowest at the opening and sell at the highest at the closing. But of course, it is not a one day afair. Econbhd hit RM1.15 after 5 weeks time.

Posted by Mohd Fahmi Bin Jaes > 2015-07-26 13:46 | Report Abuse

Target rm 1

speakup

25,307 posts

Posted by speakup > 2015-07-27 09:21 | Report Abuse

INI KALILAH!!!!!
NOW OR NEVER!!!!
close eye.....HANTAM je!!!!

speakup

25,307 posts

Posted by speakup > 2015-07-27 09:24 | Report Abuse

Ikhmas hired very powerful syndicate to goreng their share..... WATCHOUT!!!!

popcorn

1,625 posts

Posted by popcorn > 2015-07-27 09:25 | Report Abuse

best queue at 0.690~

speakup

25,307 posts

Posted by speakup > 2015-07-27 09:25 | Report Abuse

REBUUUUUTTTTTTTTTTT!!!!!!!!!!!!!!

speakup

25,307 posts

Posted by speakup > 2015-07-27 09:27 | Report Abuse

PANIC BUYING!!!!!!!!
REBUUUUUTTTTTTTTTTT!!!!!!!!!!!!!!

speakup

25,307 posts

Posted by speakup > 2015-07-27 09:41 | Report Abuse

HA HA HA....this is called BUTA MONEY STOCK :-)

Posted by macintouch > 2015-07-27 09:44 | Report Abuse

TP RM1 OOO!!!

speakup

25,307 posts

Posted by speakup > 2015-07-27 09:53 | Report Abuse

77!!!!
INI KALILAH!!!! close eye....and WHACK!! open eye.... FREE MONEY!!!

speakup

25,307 posts

Posted by speakup > 2015-07-27 09:54 | Report Abuse

syndicate kasi duit..........tak nak?

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2015-07-27 11:54 | Report Abuse

Quiet down already. Consolidating now. 80 sen drops to 77 sen.

Posted by Mohd Fahmi Bin Jaes > 2015-07-27 13:09 | Report Abuse

Hope close 75 level

Posted by Mohd Fahmi Bin Jaes > 2015-07-27 22:15 | Report Abuse

Close 82sen

Post a Comment
Market Buzz