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still consider good buy at this price for long term investors 1 to 3 years holding. not for speculators that expect fast return. Institution buyers r holding for long term. you can some big volume purchase.
already confirmed inclusive. where got people goreng. Institutions r buying. can consider buying for long term investment. 1 to 2 years. not for speculators.
Have even see a company that just ipo be inclusive in the FTSE Bursa Malaysia KLCI (FBM KLCI) effective March 25. in just 7 days of ipo. they will be a lot of Institution buyers interested to buy.
A total of 77,236 applications for 1,510,757,600 Issue Shares were received from the Malaysian public, resulting in an overall oversubscription rate of 5.57 times. Specifically, a total of 9,972 applications for 202,715,200 Issue Shares were received for the Bumiputera public portion, representing an oversubscription rate of 0.76 times. Meanwhile, a total of 67,264 applications for 1,308,042,400 Issue Shares were received for the other Malaysian public portion, representing an oversubscription rate of 10.37 times. The 115,001,700 Issue Shares made available for application by the Eligible Persons were fully subscribed.
