see fundamental mah, got 3 big project coming in 1. Mukim Batu land, 5 acre - GDV RM500m - launch Q1 2024 2. Mukim Petaling land, 10 acre - GDV RM1.0b - launch Q1 2025 3. Acquire 2 pieces of land Mukim Petaling land, 3.66acres - GDV RM400m - launch in 2024
even sen heng over subscribed 10X , good FV /TP but flooded of shares like Raium.... Supply /Demand Radium looks like Senheng - too much flooded with Bank IPO/ MITI , PP..... Radium - in the red dangerous quadrant / box of risk-reward Over Valued Radium - NO way to RUNNNNNN #KOYAKKK...
Relax. Radium's projects are strategically located in prime areas with well developed infrastructure, amenities, and good accessibility, at distances of not more than 12km from KLCC. It has received good market acceptance rate for its projects, with 100% sold rate for its projects launched prior to 2020. Fly up for sure
SkyWorld also want to listing after this. Somehow I think they might do something lah to support each other. If Radium gonna be so bad, SkyWorld also somehow will be affected too since sentiment already not good for construction company. So for the price to be open really bad below IPO price I dont think it will be like that. But for sure will not be able to beat other IPOs opening >100% profit.
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....
sigma404
51 posts
Posted by sigma404 > 2023-05-12 17:37 | Report Abuse
first day drop? susah oh, currently market on ipo craze