Posted by imvu > 2022-07-07 08:53 | Report Abuse

apakah , hijau / merah ?

sector : industrial products & services
share issued : 518.960m
market cap : 389.220m
price : 0.750

Posted by sammyramon > 2022-07-07 08:58 | Report Abuse

T0 = 0.75 .....not move

Posted by sammyramon > 2022-07-07 08:59 | Report Abuse

what wrong with this counter??

Posted by sammyramon > 2022-07-07 09:05 | Report Abuse

another senheng gangs..

Posted by sammyramon > 2022-07-07 09:08 | Report Abuse

The good lesson learn for IPO hunters...

Posted by OKU_2020 > 2022-07-07 09:09 | Report Abuse

BOOOO CHOWWW CCCCCCCCCCC
THE END for IPO during this BLOOOOODY market
#Azab

Posted by OKU_2020 > 2022-07-07 09:09 | Report Abuse

" Death " for IPO Addicts

Posted by OKU_2020 > 2022-07-07 09:12 | Report Abuse

hmmm another SEN-Heng...now SEN-Fong

Posted by tallman > 2022-07-07 09:12 | Report Abuse

this industrial is not attract investor, old man business

Posted by tallman > 2022-07-07 09:19 | Report Abuse

infoline is better

Posted by tallman > 2022-07-07 09:20 | Report Abuse

or Umedic

Posted by OKU_2020 > 2022-07-07 09:22 | Report Abuse

#Terduduk
50 sen closing as commodities ..rubber , gold now downtrend

Posted by sammyramon > 2022-07-07 09:29 | Report Abuse

Look alike waterfall head in Baling Kedah....

Posted by OKU_2020 > 2022-07-07 09:54 |

Post removed.Why?

Posted by OKU_2020 > 2022-07-07 10:07 |

Post removed.Why?

Posted by stanleyohh88 > 2022-07-07 10:12 | Report Abuse

below IPO?

Posted by SK92 > 2022-07-07 10:15 | Report Abuse

all MAIN MARKET listing sure hampeh one....con job all..

Posted by OKU_2020 > 2022-07-07 10:17 | Report Abuse

As of now It's collapsing 12% below IPO price.... Will drown to 50 sen { 33% } before closing today...

Posted by VegeBird1219 > 2022-07-07 11:50 | Report Abuse

3-year earnings CAGR of 3.6%, driven by the capacity expansion to meet the increasing demand for vehicle tyres. That said, we believe that the earnings growth will be mitigated by the normalisation of ASPs in the long term from the current elevated levels. We are positive on the group’s dividend policy, with a target payout ratio of at least 50% of earnings. Given the relatively small market cap and lack of track record, we ascribe a 10.5x FY23F P/E, which is at a discount to the FBMSC’s average trading P/E of 12.5x, implying FV of MYR0.76.

Posted by OKU_2020 > 2022-07-07 12:42 |

Post removed.Why?

Posted by najmie > 2022-07-07 12:57 | Report Abuse

Done. Sold all at 75 sen..

Posted by OKU_2020 > 2022-07-07 13:04 | Report Abuse

Oversupply of IPOs....
Lately Wasting time apply IPO... Can get much cheaper on listing day

Posted by OKU_2020 > 2022-07-07 15:26 |

Post removed.Why?

Posted by redhotpepper > 2022-07-07 16:38 | Report Abuse

this share not really worth 75 sen as claimed...... lol..... perhaps only worth 68 sen only at most.

Posted by Raiz368 > 2022-07-07 16:49 | Report Abuse

They value the ipo price during top glove price above 1.50, now TG around 1.00 only

Posted by OKU_2020 > 2022-07-07 17:12 |

Post removed.Why?

Posted by SK92 > 2022-07-07 17:12 | Report Abuse

Cabut at 68 sen..hangus..but what to do.. con job senfong..

Posted by OKU_2020 > 2022-07-07 17:16 | Report Abuse

sorry to hear that
if u wait further - more to gone - even 50 % to be wiped out
Spicy lesson not only u but many innocent newbies - they thought IPO is safe ....NOT ANYMORE Baby ..!

Posted by redhotpepper > 2022-07-07 17:34 | Report Abuse

yes, many innocent newbies trapped in it, kesian.
IPO is not anymore safe...

Posted by SK92 > 2022-07-07 18:30 | Report Abuse

Did some research..in the past three years, none of IPO which falls on the first day, could claw back above IPO price. So I decided to cabut eventho its painful..plus just got to know they're utilising 50% of IPO proceeds to settle their bank borrowings

Posted by Warzone > 2022-07-07 20:51 | Report Abuse

Bursa needs KPI. With recent market volatility, bursa onku can keep approve to use Ipo to gain money from market. All Ipo lately like rubbish.

Posted by James Ng > 2022-07-07 21:44 | Report Abuse

[转贴] [Video:浅谈SENG FONG HOLDINGS BERHAD, SENFONG, 5308] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2022-07-07-story-h1626040446

Posted by Raiz368 > 2022-07-07 22:36 | Report Abuse

Tomorrow will open gap down and fall below 60 cent

Posted by Raiz368 > 2022-07-07 22:39 | Report Abuse

This is second ipo very worst performance on first day listing...

Posted by redhotpepper > 2022-07-07 22:40 | Report Abuse

This company high level of debt. Of the 68.11M from IPO listing, 37.9M is used to pay bank borrowing.

Damn jialat. Wonder how such co to be listed IPO in the first place.

All our hard earned money....there it goes....

Posted by gohkimhock > 2022-07-07 23:59 | Report Abuse

Inflation is high now. We are expecting more interest rate increases. Those companies that have high debts have to be caution..

Posted by OKU_2020 > 2022-07-08 05:07 | Report Abuse

CAP AYAM IPO.....
Of the 68.11M from IPO listing, 37.9M is used to pay bank borrowing.
Senfong is like another Sen..that is Senheng - got very high DEBT
50 SEN COMINGG......

Posted by OKU_2020 > 2022-07-08 08:42 | Report Abuse

Azab...
#Jerat_IPO

Posted by sammyramon > 2022-07-08 09:35 | Report Abuse

Crackpot problematic financial company.....

Posted by OKU_2020 > 2022-07-08 10:11 |

Post removed.Why?

Posted by superdog > 2022-07-08 12:11 | Report Abuse

I don't think need to worry about demand because Sen Fong's primary client is a tyre factory, can foresee the demand will increase in the end of this year

Posted by OKU_2020 > 2022-07-08 16:24 | Report Abuse

Sunset Biz

Posted by redhotpepper > 2022-07-12 09:56 | Report Abuse

It depends one few major customers. if major customer not buying, terus menjunam dah

Posted by OKU_2020 > 2022-07-12 16:44 | Report Abuse

Many KILLER IPO LATELY
Dead Rat

Posted by OKU_2020 > 2022-07-12 16:52 |

Post removed.Why?

Posted by redhotpepper > 2022-07-12 17:03 | Report Abuse

This is one shitty IPO. Worst among IPO. Go on IPO just to collect money to settle bank loan. Treats the buyer as water fish. Pity those with hard earned money

Posted by KooSan > 2022-07-12 17:09 | Report Abuse

All IPO now will be a piece of toilet paper

Posted by stockhunter55 > 2022-07-12 17:15 | Report Abuse

senheng and seng fong sama sama brother

Posted by redhotpepper > 2022-07-13 11:23 | Report Abuse

Ingatkan raw material all sourced locally. Rupanya mostly imported. Just like what @stockhunter55 says.

If one day car production goes down hill, you can imagine what can happen alry as the main customer is tyre manufacturer...

Posted by bjgdila123 > 2022-07-14 12:36 | Report Abuse

Cap Ayam co .