The other day, I wrote that it is very quiet in the KLSE front thinking that so late into the month of September, there won't be any new IPO listing. Well, it surprised me to see that we do have a new IPO opening this month but unlike other companies, the offer for VOIR Holdings Bhd. shares will only close on 11th November, 2007 and will be quoted on the KLSE on 24th November, 2007. That is a loooooong way off, isn't it?
Well, at RM1.91 per share for a Second Board apparel company, I think it is not worth to try applying. Market conditions have changed. I think that even if the price rises on opening bell, it will not be able to go too high or sustainable. Do you think that the ultra long offer period will give it an advantage?
Will you be applying? I most probably will not because it is not low enough for me. I hope that October will be see more new IPO offerings with better offer prices.
Well, at RM1.91 per share for a Second Board apparel company, I think it is not worth to try applying. Market conditions have changed. I think that even if the price rises on opening bell, it will not be able to go too high or sustainable. Do you think that the ultra long offer period will give it an advantage?
Will you be applying? I most probably will not because it is not low enough for me. I hope that October will be see more new IPO offerings with better offer prices.
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