Technically speaking, it's utilities engineering solutions providers for infrastructure. Nvidia is going to build a data center in Malaysia and HSR project might revive next year. How's the construction sector become a gone case? Very ridiculous

No rush for IPO holders. It will move up slowly by looking at the price movement

Slowly back to RM1.30

Noticed that SMI only responded on 19 Dec to the legal notice served by Honsin Apparel and HIQ Media on 5 Dec. Why the 2-week delay in addressing such a crucial issue? Concerned about transparency and timely communication. Awaiting your clarification

Tomorrow is the day to watch this bull running high, hehe

Agreed, risky to short the shares which are in the list of FBM KLCI

Early Christmas gift if people got its IPO 🎅🎄🎁

waiting it to come down some more and grab

better stay sharp on 20 Dec then

slowly shows rebound this LGMS

Yup. Plus this company has relatively low share base, so it is easier to move up

JTGROUP has a low PE compared to MNHLDG, and it will rally because of data center and TNB. So, JTGROUP is the next dark horse

Kenanga starts buy call

https://klse.i3investor.com/web/pricetarget/research/69897

btw, prudent 35 cents of the target price by PublicInvest (IPO price = 27 cents)

https://theedgemalaysia.com/node/692858

Another IPO of engineering solution providers for construction and infrastructure. You don't wanna miss that

83 cents is it bottom price, apparently

Chance to grab it cheap when it's being shorted 😊

Better buy low sell high and not chase when one stock is moving up. Keep doing that and you can make good returns in stock market

Still holding 1st and wait for direction that will be provided in upcoming Q1 report

Malaysia’s construction sector rose 8.1 per cent year-on-year in the value of work done in the second quarter of 2023 (2Q 2023) to record a total of RM32.4 billion according to the Department of Statistics Malaysia.
Hence, we can expected Glostrext will continue to perform for the next quarters

https://themalaysianreserve.com/2023/08/09/malaysias-construction-sector-expands-8-1-in-2q-2023-dosm/

Why downtrend? They still got a lot of EPCC solar project

IPO shareholders still have around 31% of paper gain btw. For geotechnical instrumentation and testing service, it's projected to grow at CAGR of 10.38% to reach USD 131.19 billion by 2030, so still got big potential for the company to grow

Andy Hall coming for solar panel industry? Last time he came after glove industry btw...

TO price at 65 cents !! Whoever got this IPO is very very lucky

#IPO price is 19 cents by the way

Ya...Hard to collect cheap

Tomorrow is Glstrext's listing day, brace for it to open high

Solarvest to explore Taiwan’s clean energy market

https://www.thestar.com.my/business/business-news/2023/08/12/solarvest-to-explore-taiwans-clean-energy-market

This company also provides structural and ground instrumentation and monitoring services to construction projects, as well as completed buildings and infrastructure

Looks like its revenue will break new high for FY2024Q1

@charlie chia. Apex Securities gave 32 cents for its target price

https://theedgemalaysia.com/node/676688

No expert on warrants, Peace99. May be your remisier can enlighten you on that matter

Glostrext will be oversubscribed without a doubt (not try to be hindsight 😁) given its strong track record and the advanced geotechnical instrumentation service the company provides

Start falling to 1.05 like faridfet said

High probability, OppenHermes given that Glostrex has had a well-established presence in Singapore for 14 years, and they're also going to expand their service offerings by offering structural and ground instrumentation and monitoring services using the Glostrext WiNA platform there

Lee Motors Auto Care teams up with Solarvest for BMW EVs green charging solutions

https://www.zigwheels.my/car-news/lee-motors-auto-care-teams-up-with-solarvest-for-bmw-evs-green-charging-solutions

Heard that many investors were actively subscribing to this IPO few days ago. High chance for Glostrext to be oversubscribed 🤗

@Novice296. I conclude your answer then 😆

Feel free to browse for reading purposes 😊

https://klse.i3investor.com/web/blog/detail/NewGlobal/2023-08-01-story-h-243863107-Glostrext_Berhad_The_Groundbreaking_IPO_that_Sets_Industry_Standards

One of the advantages of Glostrext is that it is strategically positioned to leverage the MRT 3 project scheduled for 2024. Additionally, this company's relationship with another PLC, Aneka, could prove advantageous in the emerging Indonesian market as well.

@Novice296. Can't blame. Small boys just follow the trend to earn small money

Glostrext holds healthy order books and still has Rm8.9 million of unbilled sales as at 30 June 2023

Wait the price to be adjusted to certain cheap level and collect then

Glostrext is a leading geotechnical instrumentation service provider with more than 30 years of track record in Malaysia and 14 years of track record in Singapore.

Business Activity : The Company provides pile instrumentation and static load test services as well as structural and ground instrumentation and monitoring services to construction projects as well as completed buildings and infrastructure

Construction Projects: (Malaysia) Petronas Twin Towers and Merdeka PNB 118 in Kuala Lumpur; (Singapore) Tuas Water Reclamation Plant, and Intra Airside Road Connection, Second Parallel Taxiway and Fire Station No. 2 for Changi East at Changi Airport; (Cambodia) Naga 3 Integrated Entertainment Complex in Phnom Penh.

IPO Price: RM0.19 (ACE Market)
Opening of Application: 27 July 2023
Closing Date: 2 Aug 2023
Balloting of Application: 4 Aug 2023
Date of Listing: 15 Aug 2023

Wonder why most of the substantial shareholders were disposing sequentially...

Plantation wind blows stronger now due to El Nino phenomenon