$MSB (0350.MY)$Wow! It's only 2nd day of IPO Listing, more than 1 dozen of Sub. Shareholders already wanted to "Dilute their Shares" and "Offer for Sale?" More details at the News section... Wonder if the upcoming IPO listing @WTEC, CKI, REACHTEN and others will suffer and be facing with the same predicaments aka discounted price/offer for sale? 🤔🫢😅😅
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Can a newly listed company sell shares?
KingdomTrade
OP104581556
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Nope. Normally after a few months and a few years for Substantial shareholders. But the intention of them to "offer the sale" of RM0.20 speaks volume that they also intended to get out.. Can also be a scare tactics.. But for relatives, employees, they can sell (policy dependent). Most sell-off during 1st and 2nd day were the 1st time buyers and newbies to cut lost faster. Fortunately I bought it after 1st day listing at 0.175, still losing a bit, at closing @0.165.. In stock market, no right or wrong . Follow Warren Buffet rule.. will last longer... Monitor & see how it goes.. Pity those who subscribed happily at 0.20 to only have their prices discounted to 15% @0.17 on listing day...
$MSB (0350.MY)$What happened to our current IPOs nowadays?? Not yet start earning already given free discounts?? 😅😅😅 Might as well don't buy at IPO price but during listing/trading price... 🤔🤔🤔
Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.
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Wonder if the upcoming IPO listing @WTEC, CKI, REACHTEN and others will suffer and be facing with the same predicaments aka discounted price/offer for sale? 🤔🫢😅😅
Not yet start earning already given free discounts?? 😅😅😅
Might as well don't buy at IPO price but during listing/trading price... 🤔🤔🤔
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