This 1 also good ipo

Goody99..nah..tech ipo always perform on listing day..doesnt matter what is the PE..beside, that is not fye report..its only fpe report

syazrell..in ur dream..it will never reach 18 cent.

maxtan..u can see it in your cds account tmr after 8.30am

Btw, good some good catalyst this week for bursa:


https://theedgemalaysia.com/node/682808

James yeo..your pe calculation is wrong..fpe 2023 only got 2 QR result, not full 4 QR yet..and if we calculate the forward PE based on the latest QR (3rd QR), forward PE for 2023 should be around 16x..still much lower compare to closest peer Apex securities

OKU_2020…same also here didnt get this ipo…so sad

Eatcoconut…SSF got good fv from mplus n mercury..30 cent -40 cent..i might try apply abit

Open 50 cent or 60 cent i think possible

Speakup..no harm to try..if luck then u get lo

BryanW…lucky u..easy money

speakup..why u share that article not related to this ipo? what is your intention?

mercury latest net profit is 50%...very2 high

I dont think so rm1 is too much..60-70sen might be possible

Michael..u go buy it urself then..wtf u doin here in mercury comment section??....no need come here to promote that sasbadi if its so good.

sad i didnt get this ipo..no luck...try my luck on evergreen next!

u apply 10mil tier only get 70k units? so little

hahaha EatCoconut gigit jari la..

TA is their rival..ofcoz they will give low FV

Mercury incharge of Smart asia IPO..more profit from corporate finance segment $$$

why this ipo not hype? evergreen is good ipo..hv good fundamental

Cash rich company...no debt...high profit margin business..got 30 years experienced in the business. Im confident to invest in this company

EatCoconut..what u doing here if u not interested with this ipo? TA give TP at 28 cent which is still profitable u said bad review? Did u even read all the points i gave about why i think mercury is good? All if that points u can get from their prospektus

40% net profit company with zero debt and alot of cash reserved u said lapsap company? Are u smokin weed bro?

EatCoconut..its not bad review..still give 12% upside..where got bad? U buy stock at open market is more risky than buy ipo..ipo is low risk investment…u need to read their prospektus on what is their strength..basically company with zero debt and cash rich

EatCoconut…28 sen still profit..TA give glostrext ipo 15% upside only but look at it on the first day listing..for me mercury is low risk high return ipo.

Bdragon..if im not mistaken 1 of their cf team resign but they still got 3 more cf team to run the business and more cf team will coming soon

BDragon..25 sen is much more cheaper if u compare to its closest peers apex securities (PE 37) and M&A (PE 29)…the up and down in revenue is normal for brokerage company bcoz their revenue mostly depend on the market..and i believe the market starting to go up already since july..this will give some boost to their revenue..not to mention they have strong cash assets with zero debt…and also their net profit is very good and very high 40% average..their revenue not come from brokerage only, they also do margin financing and corporate finance which give alot of profit with lesser cost..and most of their ipo proceed is for their business activity (expanding)..based on this facts, i believe their shares price is fairly value..i will subscribe their ipo for sure and it doesnt worry me at all..i mean even KGW IPO with the worst fundamental also managed to give me profit 13%..so why should i be worried about mercury ipo which hv far better fundamental compare to KGW IPO?

BDragon...eventhou i would be happy if u didnt apply this ipo coz got 1 less competitor, i still want to clarify some things...did u know that brokerage sector PE now around 19.9...so mercury even if u calculate the forward PE still fairly price compare to the sector PE...and u cannot compare revenue from 2020-2021...those are special case coz during covid all brokerage company revenue shoot up...and now all of them are back to normal revenue before covid including mercury...mercury strength is in their PAT and strong cash reserved (no debt)...and with this ipo proceeds they can boost their profit more thru margin financing...margin financing give high profit with lesser cost....almost 37% of their profit come from margin financing and if they have more money from ipo to use for this margin financing, i believe their profit will increase more in the future...and not to mention this sector considered 1 of the hot sector now..just look at their closest peer APEX now traded at PE 37.

and they are incharge of few company which will be listing in bursa soon

mercury revenue should be up after include the placement fees from evergreen max cash since theyre incharge for evergreen ipo listing...bursa market also going up for this month so revenue from brokerage should be better than early of this year