I've totally no luck recently, as I did not hit any IPO share from SMARTAG and FLBHD.
That's very okay, if compared to a lucky fellow from my hometown who won close to RM48 millions from Sports TOTO Supreme on last weekend. I used to invest some TOTO Supreme from there. Too bad.
When I have a quick check at the IPO list just now, I came to Boilermech Holdings Berhad is calling for IPO at 33 cents per unit price. After have a quick look at it's prospectus, I think the company performance is absolutely outstanding and it has a bright prospect for the coming 2 years. The competition is high but BOILERM is one of the leader of this industry.
I think I'm confident on BOILERM, by considering it's future prospect, low PER and it's business nature. So I've subscribed 50 lots with all the remaining cash I've in the bank.
Apparently the shares open to public is very limited. Even though I'm not the lucky ass who hit RM48 millions jackpot, I hope I'm the lucky ass who can hit some lots from IPO.
How about you?
Posts
I also subscribed 30 lots..good prospect
Cool. Good luck to both of us!
I also subscribed 5.000 units only,,, thinking of buying MEGB at 2.11 ..
thank you for all the information in this blog
Hi Eugene,
No worry, it's all about luck.
MEGB @ RM2.11 is still a good buy, considering a high D/Y of 7%. I still have 3 lots of MEGB in hand bought @ RM1.84.
I Never get it since Careplus.
But will try again
南南, no worry. It's all about luck when it comes to IPO.
To increase your chance, you have no choice but to subscribe more lots. It might makes a difference.
eKimKee:
Thanks for your advice.
For Benalec, I applied quite a significant lots, but failed to get it. If I managed to get it, it will be a different story to me (at least turn my portfolio from loss to gain)
Still suffering loss.....
Haha, not only Benalec. Almost all of the recent IPOs are extra-ordinary tough to get, except IPO from China companies.
Perhaps we have to work out-of-the-box then.
Boilermech IPO oversubscribed 66.3 times..
http://www.btimes.com.my/articles/20110425222452/Article/
The chances to get is very very slim also.
By 7pm, I will know whether get it or not by referring to my MBB.
Yes, except those China Companies, however, I also failed to get SOZO (this is the lousiest one amongst those new IPO so far I think)
66.3 times huh? It's okay, we can skip this statistic but look at the public hit rate.
南南, we never give up, ok. XoX IPO is coming very soon. Be prepare!
I've just checked my BOILERM IPO result. I did not manage to get any lot. LOL.
Me also can't get any....
Me also can't get any
Okay, let's try again!
i also missed out on boilermech ipo. do you think now the price is not too high to buy at 0,66 ?