Apollo, good strategy. Haha. The price may not fructuate much. I guess should be within 6.50-7.00 range during the launching day. Since all IPO subscribers had buy back option with guaranteed 6.50, i doubt any one of us will sell below 6.51-6.52, unless those institutions throw below 6.50 for whatever reason.
i just ask opinion from 5 remisiers from different securities firm,their views and their securities analysts views, all five of them told me sure can make profit upon opening.TP from appoloresearch TP 6.65-7.00
In my opinion, at 6.50 u are likely to make a small profit. As most of the shares ended up with institutional investors. The stabilization manager will ensure that it won't go below 6.50. Best of luck.
If penny lousy why list so many stocks? Must change to Pakatan and Mahathir return as PM. During his time govn suffer forex loss but we untung from penny stocks gain. Idris RM 7, Hwa Twai RM 200, if under NajXX forever cannot.
Posted by Apollo Ang > Jul 7, 2017 06:18 PM | Report Abuse why bad? many blue chips now new high, only lousy penny stocks are down cos retailers now mostly broke being conned by moneygames
Next week launching. Regardless what is the closing price. This stock can hold for at least 1-2 years. I believe 8.50-9.00 is possible in 1-2 years time. At the mean timr, enjoy its 24-30 DPS per year.
Read this subject matter....it tells u already it may be subject to stabilizing actions by Maybank meaning u can expect its share price on debut to FALL further loh. Why salesman still tried to sell u their weak advice to buy? LMAO
reduce price so can up to make everyone happy to vote for BN....brim is for the poor,lotte is for the middle class.....next edra is for the rich.....hehehe
advcon also demand not good but opening so good....now fund managers are selling others and tomoro going to buy LOTTE, just like me sold advcon to buy LOTTE tomoro
I told u 2 Big warnings signs from the beginning mah. It's "Undersubscribed" and "IPO price revision". If you cannot even understand both of these bad signs for an IPO then u better go to casino with better luck.
Why are these salesman keep defending? No point loh. ChngJiauJiau can retire and stop dreaming to be FA sifu.
When Maybank acting as a stabilizing agent's role is done or expires, what will happen to it? IPO listing also need so much hard work from Maybank, how good do u think it will perform without stabilizing agent like Maybank?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Chong Jiunn Hau
583 posts
Posted by Chong Jiunn Hau > 2017-07-06 09:59 | Report Abuse
Apollo, good strategy. Haha. The price may not fructuate much. I guess should be within 6.50-7.00 range during the launching day. Since all IPO subscribers had buy back option with guaranteed 6.50, i doubt any one of us will sell below 6.51-6.52, unless those institutions throw below 6.50 for whatever reason.