IPO
IPO- China Minzhong Food
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It took Tiger Air to be back into black and above about water one n half months after it IPO-ed
Behaving like Tiger Air (China MinZhong solid responding back from BBs to others BBs.).
Just that this one big BBs is even bigger. Let see how slow or fast to float back into above water.
teeth53: just sharing my thot and opinion
gohsyu ( Date: 17-Apr-2010 16:37) Posted:
| Hope that this stock become another tigerair. Pls!!!!! |
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Hope that this stock become another tigerair. Pls!!!!!
China MinZhong solid response from BBs.
In coming week can see a more responsible positive trading patten from those BBs who kena lecture even by bigger BBs.
Msg received: Solid response GIC, err...maybe to JP Morgan, it is fighting back, just look at it, it U turn.
teeth53: just sharing my thot and opinion.
Waste time and money to subscribe to lost $$$$$$.
Fund can afford to loss $$$$$$. They spread their
portfolio.Temasick sometimes oso loss $$$$$$
dont bother the share price up and down,,,,,,,,,,,,,,,,so many big boy stand still with tis baby,,,,,,,,,,,,,tis is a dollars club and fund manager will defend it if felling to 1.00,,,,,,,,,,,so why so worry,,,,,,,,,,,,,,,,,,,,nomally fund will keep support it otherwise they have to answer it or sell all their pofolio,,,,,,,,,,,,,,,,,,,,now we just to wait and decided,,,,,,,,,,,,,,$1.50,,,,,,,,,,,,0r $2.00 than cash in action only,,,,,,,,,,,,,,,,,,im confident some action next week,,,,,,,,,,,,,,,,,,,,,tis is a good company,,,,,,,,,,,,,,,,,,,,,may be another future bull chip,,,,,,,,,,,,,,who know?
Think of the U turn and T+3 coming Monday, If there is a break out, there can be some selling pressure this coming few days and after that trading prices can resume it inches trenching again.
Behaving just like Tiger Air. While other regional bourses is in red.
Msg received: Solid response from GIC, err...maybe from JP Morgan, it is fighting back, just look at it U turn, maybe be more shocking if it break out of $1.22ct, next TP ?? Ur guess is as good as my
| ChinaMinzhg |
CPF |
-- |
Opeded:1.110 |
Closed:1.190 |
+0.070ct |
+6.3% |
Vol:17,796,000 |
392,000 |
1.180 |
1.190 |
928,000 |
Hi:1.200 |
Lo:1.110 |
teeth53 ( Date: 16-Apr-2010 20:35) Posted:
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http://forum.channelnewsasia.com/viewtopic.php?p=3594801#3594801
China MinZhong solid response from BBs.
WahLiao ehh...... Shocking to know after a 1st day scary start. Down liao to $1.12ct.
More shocking now - 2nd day (up) and closed $1.19, after hitting a low of $1.11ct, then now made a U turn It IPO-ed offer px of $1.20. Kena something, ??. like that up/down, can get heart attack. Happy but shocking 
teeth53 ( Date: 16-Apr-2010 17:32) Posted:
| Kena order by BBs to push up....Those buying down, to play on CFD so die, die one. |
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http://forum.channelnewsasia.com/viewtopic.php?p=3594801#3594801
China MinZhong solid response from BBs.
WahLiao ehh......
Shocking to know after a 1st day scary start. Down liao to $1.12ct.
More shocking now - 2nd day (up) and closed $1.19, after hitting a low of $1.11ct, then now made a U turn
It IPO-ed offer px of $1.20.
Kena something, ??. like that up/down, can get heart attack.
Happy but shocking

teeth53 ( Date: 16-Apr-2010 17:32) Posted:
| Kena order by BBs to push up....Those buying down, to play on CFD so die, die one. |
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Kena order by BBs to push up....Those buying down, to play on CFD so die, die one.
lion stabalising the share. :)
teeth53 ( Date: 16-Apr-2010 16:13) Posted:
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I am equally shock, now going up turn, hitting a high of $1.19ct liao. Maybe Bcos ur posting leh..hehe
| ChinaMinzhg |
CPF |
|
1.110 |
1.190 |
+0.070ct |
+6.3% |
15,575,000 |
357,000 |
1.180 |
1.190 |
645,000 |
1.190 |
1.110 |
MFG |
SGD |
-- |
K2N |
K2N_R |
Andrew ( Date: 15-Apr-2010 21:45) Posted:
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I am shocked you only realise now !!! This is the main purpose of IPO.....if not why waste time to list. Ya.....share wealth........sure ??
When a company go IPO, the performance is at its peak. Owner not sure if they can sustain growth.
That why I seldom buy IPO that NAV is way below the IPO price. The NAV itself also fact in goodwill hor......
Put it this way, going IPO is like selling used item in Ebay......things that you DON'T WANT.
Ikea is a very successful company, they are not listed. Is Sheng Siong listed (for now) ?
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I am equally shock, now going up turn, hitting a high of $1.19ct liao. Maybe Bcos ur posting leh..hehe
| ChinaMinzhg |
CPF |
|
1.110 |
1.190 |
+0.070ct |
+6.3% |
15,575,000 |
357,000 |
1.180 |
1.190 |
645,000 |
1.190 |
1.110 |
MFG |
SGD |
-- |
K2N |
K2N_R |
Andrew ( Date: 15-Apr-2010 21:45) Posted:
|
I am shocked you only realise now !!! This is the main purpose of IPO.....if not why waste time to list. Ya.....share wealth........sure ??
When a company go IPO, the performance is at its peak. Owner not sure if they can sustain growth.
That why I seldom buy IPO that NAV is way below the IPO price. The NAV itself also fact in goodwill hor......
Put it this way, going IPO is like selling used item in Ebay......things that you DON'T WANT.
Ikea is a very successful company, they are not listed. Is Sheng Siong listed (for now) ?
teeth53 ( Date: 15-Apr-2010 21:31) Posted:
One word. Pre-IPO investers treated post IPO-ed as their money tree.
It is all clear for them to take home their profit high and dry. |
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Cheong liao, be careful ! Good Luck.
IPO - do you see the picture of it? Its a hair-pulling experience.
On the 1st day of trading, if share price goes much higher than the initial public offering price, the investment banker is embarrassed (because it arguably could have raised more money for the company by pricing the stock higher). The client may not be all that happy, either, and the investment banker could lose future business.
If the stock trades below the initial offering price on the market, the investment banker pays for it initially, through fees and other costs (including losses on any shares it may control).
P/s - that is to say, the investment banker will have to buy the share if stock trades below the IPO price?
dont worry lah .............got termasek,,,,,sure can hold,,,,,,,,,,,,,the only thing is wat price you going to sell,,,,,,,,,,,,,,,,,,,$1,50,,,,,,,,,,,,,,,$2.00,,,,,,,,,,,,TIS ONE IS A POULY stock sure under instution radar,,,,,,,,,,,,,,,,,,,,,,,,,,,,if test $1.00 lagi good bec bb sure buy on dip,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,then will shot up,,,,,,,,,,,,,,,,,,,,,,,tis one is a dollars club stock,,,,,,,,,,,,,,,,,,,,,so dont worry $1.00 sure got big boy or fund support,,,,,,,,,,,,,,,,,,,,cheers
Let see Tiong Seng holdings, offers at 0.28ct. Tomorrow it strat it 1st trading day.
Hope DBS won't break it winning record on it 1st trading day.
I am shocked you only realise now !!! This is the main purpose of IPO.....if not why waste time to list. Ya.....share wealth........sure ??
When a company go IPO, the performance is at its peak. Owner not sure if they can sustain growth.
That why I seldom buy IPO that NAV is way below the IPO price. The NAV itself also fact in goodwill hor......
Put it this way, going IPO is like selling used item in Ebay......things that you DON'T WANT.
Ikea is a very successful company, they are not listed. Is Sheng Siong listed (for now) ?
teeth53 ( Date: 15-Apr-2010 21:31) Posted:
One word. Pre-IPO investers treated post IPO-ed as their money tree.
It is all clear for them to take home their profit high and dry. |
|
One word. Pre-IPO investers treated post IPO-ed as their money tree.
It is all clear for them to take home their profit high and dry.
Blame to SGX investors.... They like trading and dislike investing. Also it seems that SGX management likes trading volume revenue growth and dislikes market capitalization growth.
niuyear ( Date: 15-Apr-2010 15:20) Posted:
SGX should set rule : not to allow shorting on first 2 days of IPO or penalise 2 times more than the normal shorting fine. :)
Hulumas ( Date: 15-Apr-2010 15:12) Posted:
| Huh paper loss from IPO price already. Just too bad |
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Lucky I never kena. Such a flop...............Never believe the analysis report!
omg! earn kopin money also cannot....
contra gain on this...1.12 x45 in...out at 1.14 :P sweet sweet :D