Fair value around 40 sens , IPO mark up 80 sens , 1st day somebody cease to be substantial share holder , you still want to see more durians drop right ?
the current markdown and sell-off now not because of company have no potential but the valuation is high, the stock price is expensive. market expect to drop atleast till 0.50
SkyWorld Development Bhd, which has launched 13 grand-scale projects to-date, plans to launch 10 new developments between the second half of 2023 and 2026 with a combined gross development value (GDV) of RM4.08bil.
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....
StartOfTheBull
8,008 posts
Posted by StartOfTheBull > 2023-07-11 15:51 | Report Abuse
Greedy water fishes discard Mahsing, bought Skyworld instead.