I want to make a hat-trick of more>100% increase between IPO purchase and selling on first day. I managed to do that with Optimax (136%) and Samaiden (108%). Hopefully, I can end this year with the same in Econframe.
Developers will still have to build no matter what. If they do not build, they cannot get loan from the bank and will be unable to roll their cash flow. After building the units, unsold they send the doors back? lol
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....
OngLucky889
24 posts
Posted by OngLucky889 > 2020-10-11 00:13 | Report Abuse
The fair value of Econframe is RM 0.40 based on the earnings in the past 3 years performance