I almost forgot to apply for this IPO until the very last minute. A few days later, I'm thrilled to find out my IPO application was successful. The IPO price for EWI is 1.20.
I then learned that for every 5 unit of EWI share, there is 2 unit of free Warrant. It's really a bonus to those who were successful in their IPO application.
Today is the listing day. An exciting day for many :)
Richard's Investment in US & Malaysia Stock Market. The aim is to share the ins & outs of stocks in stock market to generate additional income for non professional investors.
Showing posts with label IPO. Show all posts
Showing posts with label IPO. Show all posts
Monday, April 3, 2017
Wednesday, July 25, 2012
IHH IPO Application - Successful ... at last
After a series of unsuccessful IPO application, my luck finally turn. IHH debut today in KLSE with a mild gain but slowly gaining momentum on the first half of trading day. At current price, it represents some 10% of return. I believe IHH will continue its uptrend and as such, I intend to hold on to it.
Thursday, July 21, 2011
Bumi Armada, debut with a bang
Bumi Armada (ARMADA) is listed on Bursa for the first day today, 21st July 2011, with a starting price of 3.65. Initially, the IPO was priced at 3.15 per share, but it was later adjusted to 3.03 for retailers. The 0.12 difference will be refunded to their bank account for those who are successful in applying for the IPO.
It recorded over 3 million lots exchange hands on its first day of listing. Similar to previous few big IPOs, including PChem, MSM & MHB, there is a huge interest in the share from various investors. The stock price increased steadily throughout the day and closed at a record 4.14, a gain of 1.11 from the IPO price. The highest price of the day is 4.15, only 0.01 higher than the closing price.
Tomorrow is the last trading day for the week. Volume for Armada is expected to be strong and it is very likely that the stock price to continue on its uptrend. I personally still holding on to my Armada shares and will post it as soon as I decided to lock in my profit. Hooray to Armada !
It recorded over 3 million lots exchange hands on its first day of listing. Similar to previous few big IPOs, including PChem, MSM & MHB, there is a huge interest in the share from various investors. The stock price increased steadily throughout the day and closed at a record 4.14, a gain of 1.11 from the IPO price. The highest price of the day is 4.15, only 0.01 higher than the closing price.
Tomorrow is the last trading day for the week. Volume for Armada is expected to be strong and it is very likely that the stock price to continue on its uptrend. I personally still holding on to my Armada shares and will post it as soon as I decided to lock in my profit. Hooray to Armada !
Wednesday, July 13, 2011
Finally a successful IPO application
After so many attempts in IPO application, there is finally one that I successfully applied for, Bumi Armada. One of the biggest IPO this year. The listing date is on the 21st of July, a week from now. Hopefully it will be a great debut.
Labels:
Bumi Armada,
IPO
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