0312 - + Initial Public Offering 3 Jul 2024, 13:40 Initial Public Offering Date of Listing : 04/07/2024 Enlarged issued share capital in the following : Unit : 210,146,000 Currency : Malaysian Ringgit (MYR) Par Value ($$) (if applicable) : 0.000 Enlarged Issued Share Capital ($$) : 52,437,041.000 Stock code : 0312 Stock name : OFB ISIN Code : MYQ0312OO007 Board : ACE Market Bursa Sector : CONSUMER PRODUCTS & SERVICES Bursa Sub Sector : FOOD& BEVERAGES Do you wish to list any child stock / new type of securities in conjunction with the IPO/Admission to LEAP Market? : No No. of child stock / new type of securities to be listed : 0 Remarks : You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Market Capitalisation for IPO is 58.84 M, with a PE value of 8.47x (based. 0.28 sen). The Market Capitalisation of this IPO is quite low, PE low as well, could be goreng till 15 - 20 PE probably. Let's see tomorrow.
Congrats OFB shareholders with this amazing premium. Anyway, PTRB is doing similar business if I am not wrong. This stock has been listed for about 2 years. Growing both top line and bottom line and paying dividend as well. The current price is only 62sen with PE around 6x only. This is a much bigger company in terms of revenue and profit. Why there is such a big discrepancy in pricing of both companies? Can anyone help to provide any insight?
Am I the only person expecting the opening price to be around 0.64 today? So shocked when I saw they put the price at 0.92 this morning... Thank God the price keep going down now.
As usual, fomo, manic had caused new comers today trapped at high. Fair value up to 60 cents only. Be realistic guys. At current price, most of those enter today are at paper loss..
With company pattern like that, first day already start cankul at investor/ trader/ contract kaki, I don’t know what will the price be tomorrow, the can harvest to 0.55, they can slaughter anytime.
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....
hauchong
17 posts
Posted by hauchong > 2024-06-20 09:41 | Report Abuse
seem like worth a try