DreamKaiser

Hello hello hello. Another cool one for the Kaiser to set the ball🏀 rolling. This one not a penny stock though. But more like a third liner.

1 month ago

DreamKaiser

Anyway, still might be something worthwhile to consider. Maybe the pundits among y'all might like to look further into it.

1 month ago

DreamKaiser

TMK Chemical unveils prospectus for RM385 mil IPO, priced at RM1.75 apiece
Luqman Amin/theedgemalaysia.com
25 Nov 2024, 01:22 pm

https://theedgemalaysia.com/node/735232

1 month ago

cariyoyo

TMK is controlled by KLK Group

1 month ago

cariyoyo

1.30 billion revenue, but profit about 91 million. Exciting?

1 month ago

DreamKaiser

91m profit on 1.3b revenue might not be fantastic. But neither is it that bad either.

Still comes to 7%. Not every billion plus company can manage that kind of income.

1 month ago

DreamKaiser

TMK Chemical to double capacity with new plant funded by IPO proceeds
Luqman Amin/theedgemalaysia.com
25 Nov 2024, 01:53 pm

https://theedgemalaysia.com/node/735236

1 month ago

cariyoyo

I went through its prospectus and found that it is managed by professional managers. The owner is not directly involved in the business. How much do you think will appreciate upon listing?

1 month ago

JupiterMeow

TMK Chemical Berhad's initial public offering (IPO) subscription period is notably brief, opening on November 25 and closing on November 29, 2024. This four-day window is shorter than the typical one to two weeks allotted for IPO subscriptions. Additionally, the company is expected to release its quarterly financial report by November 29, coinciding with the subscription deadline.
The timing raises concerns that if the forthcoming financial report reveals unfavourable results, it could negatively impact investor sentiment and the stock's performance upon listing.
For the financial year ended December 31, 2023, TMK Chemical reported a profit after tax (PAT) of RM91.6 million, a decrease of nearly 40% from RM150.34 million in FY2022. Revenue also declined by 12% to RM1.31 billion from RM1.48 billion in the previous year. TMK’s full-year 2024 performance will depend heavily on the continued ramp-up of the Baling Plant which commence operation in May 2024 and management’s ability to improve profit margins.
Investors should exercise caution and consider awaiting the release of the latest Quarterly financial report before making investment decisions. This approach allows for a more informed assessment of the company's financial health and prospects. But what if the quarterly report is release after 5pm on 29th Nov?

1 month ago

mf

OTHERS TMK CHEMICAL BHD ("TMK" OR "COMPANY") INITIAL PUBLIC OFFERING OF ORDINARY SHARES IN TMK IN CONJUNCTION WITH ITS LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD
TMK CHEMICAL BHD

Type Announcement
Subject OTHERS
Description TMK CHEMICAL BHD ("TMK" OR "COMPANY")

INITIAL PUBLIC OFFERING OF ORDINARY SHARES IN TMK IN CONJUNCTION WITH ITS LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD
Unless otherwise stated, all defined terms used in this announcement shall have the same meaning as those defined in the Prospectus dated 25 November 2024 issued by TMK.



Following the completion of the bookbuilding process under the Institutional Offering on 29 November 2024, on behalf of the Company, Maybank IB, being the Principal Adviser wishes to announce that the Institutional Price and the Final Retail Price have been fixed, as set out below:



INSTITUTIONAL PRICE – RM1.75 PER IPO SHARE



FINAL RETAIL PRICE – RM1.75 PER IPO SHARE



The Retail Offering closed at 5.00 p.m. on Friday, 29 November 2024.



This announcement is dated 2 December 2024.





Announcement Info
Company Name TMK CHEMICAL BHD
Stock Name TMK
Date Announced 02 Dec 2024
Category General Announcement for PLC
Reference Number GA1-02122024-00022

3 weeks ago

DreamKaiser

TMK Chemical's IPO public offer oversubscribed 14.28 times
Corporate News
Tuesday, 03 Dec 2024
7:11 PM MYT

https://www.thestar.com.my/business/business-news/2024/12/03/tmk-chemical039s-ipo-public-offer-oversubscribed-1428-times

3 weeks ago

EatCoconutCanWin

Good result. Congratulations

2 weeks ago

serbatipu

Eps 35sen, TO price must be roof top

2 weeks ago

cariyoyo

The cumulative eps of RM1.14 is calculated based on the total number of shares prior to the IPO. Which was 83,178,173 shares. Upon the launching of the IPO, the total number of shares issued had been increased to 1 billion shares, about 10 times more shares. What do you think will be the EPS based on 1 billion shares?

2 weeks ago

21spade

Up or down upon listing? Recently most IPO's been not doing so well upon listing

2 weeks ago

ktrader

Up up

2 weeks ago

Wan Nee

tocp 1.88

2 weeks ago

cockcanfly

1.92

2 weeks ago

EatCoconutCanWin

sold..tq TMK

2 weeks ago

Hithere

i will hold and top up abit. keep for short and long term investment. Short term TP 2.5

2 weeks ago

cariyoyo

My view is we should keep for long term. TMK is considered a market leader in the business that they are managing. They have been into the business since 1989, and certainly I believe they know what they are doing. I also believe one should have a market leader in his or her portfolio. Good luck to everyone and keep a long-term view on everything in life.

2 weeks ago

OKU_2020

👺👹

2 weeks ago

DreamKaiser

TMK Chemical rises 13% in trading debut after RM385m Main Market IPO
Sankita Jayanandan
theedgemalaysia.com
12 Dec 2024, 09:23 am
Updated - 11:07 am

https://theedgemalaysia.com/node/737451

2 weeks ago

EatCoconutCanWin

Now IPO can't trust. If get then sell. If not will down toward lower ipo price. Everyone is selling, CEO also run , took money first

2 weeks ago

BE_GREEEEEDY

Now IPO can't trust. If get then sell. If not will down toward lower ipo price. Everyone is selling, CEO also run , took money first
--------
Don't be POND*N......TMK RM 2.50 anytime....like Speedmart99💪

2 weeks ago

slash1975

Lelax, keep for some time. Bless that we can be part of Biggest chemical company in Msia. Ok whatever, we r still having premium right?.

2 weeks ago

fregend

not much volume for a new ipo

2 weeks ago

cockcanfly

below ipo price soon....LOL
1/3 of all ipo from 2023 till now are below ipo price......this lemon will be one of them soon

1 week ago

Michael Kwok

Tmk 1.83
New valuation 1.40 range and below.i count this counter figures out no ong or no luck.
16/12/24 3.15 pm
Join me as follower or paid(teaching).

1 week ago

OKU_2020

👺👹

1 week ago

cariyoyo

maybe those pink form receivers are selling? maybe they go for quick profit.

1 week ago

cockcanfly

no lar, those selling bought at RM2 . they go for quick loss...LOL

1 week ago

EatCoconutCanWin

Don't get stuck. CEO cheat out money enjoy now.lol

1 week ago

OKU_2020

dead rat

1 week ago

fregend

can rebound 1.90 short term?

1 week ago

cariyoyo

recovering as weak holders and sprinters are being shaken off the wagon. i believe pink form receivers were selling off earlier.

1 week ago

OKU_2020

pity....rm 1,50 sen comingg

3 days ago