Hello maiflen DRWarrant, so nice to see you here. Long time no see. So morally uplifting and confident as usual.
Yes, I also just got excited with the present IPO mania. But only entered iStone just now and as of now at a loss. I might lose my pants today but better not miss this bus.
Now the price of iStone has retreated. But hopefully later today the stock gods and deities will work in tandem and use their unseen superpowers to push up the price to astronomical heights. Volume beyond 500m - potentially a Bursa record. PASTI TUJU LANGITTT!!!
I appreciate Mabel's wise and knowledgeable advice on iStone. I previously read her analysis on iStone's IPO proposal so was initially reluctant to enter. She has listed the pros and cons of investing in iStone. And she was even willing to entertain other users enquiries for free on other stocks. Muchos gracias Mabel.
But after seeing the missed chances on Greatec and UWC (but not Mestron's) IPOs and your WAR CRY of iSTONE reaching 50 or 80 sen I quietly tell myself WODIHEK, WHY NOT!!!
And in my present skewed view iStone has more pros than cons, relative to its peers.
Dyson has solid faith in iStone to manufacture parts for his consumer products, particularly vacuum cleaners. Malaysia was and is an important manufacturing hub for the successful entrepreneur and billionaire Sir James Dyson. Yes, Dyson the Richard Branson and Tony Fernandes combined and personified of manufacturing!!
So Dyson setting up shop in Singapore spells more future contracts for Malaysian manufactures like iStone. Let Dyson set up his global R&D centre in Singapore for his driverless car and battery. Let him escape Brexit and buy the most expensive apartment in the world atop Singapore's tallest. We just pray that Dyson's near and mere presence bring wealth and fortune to Malaysian companies, particularly iStone.
Hopefully your arch nemesis DON JUAN will not appear too soon to spoil the party. If he does, we stone him to death. But then, he might be too busy entertaining his many mistresses.
As one i3 user posted recently: I-STONE, E-STONE, U-STONE, HE/SHE-STONE. GET STONED!!! GOLLENNGGG TIMEEEE!!!!
@rr88 Hoi !!!! Blind ka you? Dont follow this stupid mabel.
This IPO thing has turned cold. Volume has disappeared big time in greatec n uwc. Less than 3000 lots traded in greatec after 1.5 hrs. Kah kah kah....
This latecomer istone has recorded the highest price in its history ever today at 0.275. Even your grandchildren will not see this price again.
Bail out now if you hv bought it!
----
Hahaha nice to see our rr88 still kicking. Greatec still giving my dinner Lobsters...Volume wise that is expected . It has now stabilize.
As for IStone, I agree with you that 0.275 is still too high. Since my combine margin for my Technology Stocks in my collection is about 60%. This gives me the flexibility to take more risk if needed. Hence I'm also putting in my queue with my fair value since IS compliments Greatec. I'm not chasing this stock..wiling to wait ...only with my fair value..
@ MingGoon Hello Mabel Good to see you at IStone I remember seeing you at Greatec. Istone - automation maker , later this afternoon will sure fly Flush out all the contra players - Istone,
Likewise MingGoon...Absolutely!
I have put my queue this morning. Looking forward to ride this train too..
It's never too late KCWR... Join us in the KNM Forum and you will learn more about KNM. I just posted my reflection to Sardine and the team in that forum before coming here.
Yes Sardine is the best person for KNM...He did a great job to anchor that counter. God Bless him.
yes...good fundamentals...but was abuse in valuation...opening price straight away 50% up....normal ipo usualy only 15% to 35%..then climb to 50% to 70%...price pull back due to this factor....reason: alot of queue at 80 sen before opening...causing lot of investor to wait and see before enter the price....
Mabel, like you I also put in my queue this morning, and I will ride this train through. Istone is for accumulation, and not for one day trade Istone is like Penta many years back Istone also like Vitrox , if you look at their business model
Mabel - Bravo, lets ride this IStone train together, our journey for the brave one, where no one dare to follow especially on the first day of this train ride !!! I Stone - Here we come !!
"We are ascribing a valuation of 15.5x price-earnings ratio (PER) pegged to its FY20 earnings per share of 1.2 sen, giving it a fair value of 18.5 sen, translating into a potential return of 19.6% inclusive of dividends. Our PER valuation of 15.5x is within the valuation range of automation equipment peers of 8.9x -19.7x," its analyst David Lai said in a note July 8.
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....
whizzkid
1,336 posts
Posted by whizzkid > 2019-07-17 10:14 | Report Abuse
Bravo MingGoon...