Total unbilled sale of SKYWORLD is amounted RM968 mil, which is much more higher than Radium (less than RM200 mil). Grand opening price can be expected from Skyworld
This company's NTA certainly is more than the radium; skyworld has around 55 acres land bank, while radium only has around 5 acres. Big gap of ratio, 11 to 1
Tricor Investor & Issuing House Services Sdn Bhd wishes to announce that the public issue of 50,000,000 Issue Shares made available for application by the Malaysian public has been oversubscribed. A total of 3,378 applications for 59,488,900 New Shares with a value of RM47,591,120.00 were received from the Malaysian public, representing an overall oversubscription rate of 0.19 times. Of this, a total of 1,644 applications for 30,783,300 New Shares were received for the Bumiputera portion, representing an oversubscription rate of 0.23 times. For the remaining Malaysian public portion, a total of 1,734 applications for 28,705,600 New Shares were received, representing an oversubscription rate of 0.15 times. The 25,000,000 New Shares made available for application by the eligible Directors, key senior management, employ ----- Too many got ALL - got 100 % what they applied ...
Very hard to said now. Subscriber is mostly big lots, additionally ib and tricor being supportive. Is 50/50, similar to radium ? I guess different. More similar incident like Mr DIY
Overall subscription rate of 1.19 times. PublicInvest Research, TA Securities Research and RHB Research have valued SkyWorld at RM0.96, RM0.92 and RM0.90 per share respectively.
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....
Apeinvestor
24 posts
Posted by Apeinvestor > 2023-06-27 16:22 | Report Abuse
skyworld definitely better than radium lah.... radium come out of nowhere haha no way we can compare them. all in subscribe!!