Append below the three(3) securities that are recently listed in the Bursa.
Looks like the capital gain from such IPO is not consistent. Hence, for those first timer, do not assume that getting IPO are sure bet for profits or lottery struck. ( See tables below for year 2007 to end July 2009)
Poor markets conditions ? or IPO price reckon to be too high ? or what?
| IPO- Company Listed in Year 2009 | @18.09.09 | IPO Price | Gain/(loss) | Date Listed |
| HANDAL RESOURCES BERHAD | 1.170 | 0.720 | 62.5% | 30 Jul 2009 |
| XINGQUAN INTERNATIONAL SPORTS | 1.400 | 2.100 | -33.3% | 10 Jul 2009 |
| SAMCHEM HOLDINGS BERHAD | 0.765 | 0.710 | 7.04% | 23 Jun 2009 |
For the year 2008 6 IPO recorded initial gains and 14 securities recorded losses when listed
| HARTALEGA HOLDINGS BERHAD |
4.850 | 1.800 | 168.9% | 17 Apr 2008 |
| KEY ASIC BHD |
0.720 | 0.400 | 80.0% | 30 Jan 2008 |
| SLP RESOURCES BHD |
1.090 | 0.850 | 29.4% | 12 Mar 2008 |
| EWEIN BHD |
0.850 | 0.700 | 21.4% | 28 Mar 2008 |
| SIGNATURE INTERNATIONAL BERHAD |
1.470 | 1.250 | 20.0% | 18 Jan 2008 |
| TEO SENG CAPITAL BHD |
0.470 | 0.450 | 3.3% | 29 Oct 2008 |
| UZMA BHD |
1.600 | 1.900 | -15.8% | 29 Jul 2008 |
| LUXCHEM CORPORATION BHD | 0.810 | 1.100 | -22.3% | 27 Jun 2008 |
| SUNZEN BIOTECH BHD |
0.245 | 0.320 | -23.4% | 08 Oct 2008 |
| DAYANG ENT HLDGS BHD |
1.120 | 1.450 | -23.4% | 24 Apr 2008 |
| SCGM BHD |
0.505 | 0.780 | -35.3% | 28 Feb 2008 |
| JF TECHNOLOGY BHD |
0.240 | 0.400 | -40.0% | 16 Apr 2008 |
| SEALINK INTERNATIONAL BHD |
0.745 | 1.250 | -40.4% | 29 Jul 2008 |
| VASTALUX ENERGY BHD |
0.420 | 0.750 | -44.0% | 12 Sep 2008 |
| PERWAJA HOLDINGS BHD |
1.570 | 2.900 | -45.2% | 20 Aug 2008 |
| INNITY CORPORATION BHD |
0.280 | 0.550 | -49.1% | 30 Jun 2008 |
| WZ STEEL BHD |
0.240 | 0.680 | -64.7% | 02 Jan 2008 |
| FIBON BERHAD | 0.875 | 2.730 | -67.9% | 18 Dec 2008 |
| ASIA BIOENERGY TECHNOLOGIES BH |
0.115 | 0.430 | -73.3% | 12 Dec 2008 |
| WINSUN TECHNOLOGIES BERHAD |
0.070 | 0.850 | -91.8% | 22 Jan 2008 |
As for the Year 2007: 5 IPO listing gains positive returns & 19 recorded losses when listed
| H-DISPLAYS (MSC) BHD |
0.085 | 0.400 | -78.8% | 27 Feb 2007 |
| OGAWA WORLD BHD |
0.310 | 1.230 | -74.8% | 18 Apr 2007 |
| TEJARI TECHNOLOGIES BHD |
0.105 | 0.280 | -64.3% | 12 Mar 2007 |
| BIO OSMO BHD |
0.125 | 0.330 | -63.6% | 05 Dec 2007 |
| KONSORTIUM TRANSNASIONAL BHD |
0.270 | 0.500 | -46.0% | 15 Jun 2007 |
| SCANWOLF CORPORATION BHD |
0.410 | 0.750 | -45.3% | 16 Jul 2007 |
| SUPERLON HOLDINGS BHD |
0.395 | 0.720 | -45.1% | 25 Apr 2007 |
| MELATI EHSAN HOLDINGS BHD |
0.740 | 1.280 | -42.2% | 19 Mar 2007 |
| DUFU TECHNOLOGY CORP. BHD |
0.410 | 0.700 | -41.4% | 28 Feb 2007 |
| DELEUM BHD |
1.530 | 2.550 | -40.0% | 01 Jun 2007 |
| COMPLETE LOGISTIC SERVICES BHD |
0.685 | 1.000 | -31.5% | 30 Aug 2007 |
| VOIR HOLDINGS BHD | 1.350 | 1.910 | -29.3% | 24 Oct 2007 |
| ATRIUM REAL ESTATE INVESTMENT |
0.765 | 1.050 | -27.1% | 02 Apr 2007 |
| TRANS-ASIA SHIPPING CORP BHD | 0.805 | 1.100 | -26.8% | 28 Dec 2007 |
| SARAWAK PLANTATION BHD |
2.200 | 3.000 | -26.7% | 28 Aug 2007 |
| MY E.G. SERVICES BHD |
0.420 | 0.550 | -23.6% | 16 Jan 2007 |
| PANTECH GROUP HOLDINGS BHD |
0.925 | 1.180 | -21.6% | 15 Feb 2007 |
| AMANAHRAYA REAL ESTATE INVESTM |
0.760 | 0.940 | -19.1% | 26 Feb 2007 |
| HAP SENG PLANTATIONS HOLDINGS |
2.220 | 2.650 | -16.2% | 16 Nov 2007 |
| BHS INDUSTRIES BHD |
0.760 | 0.680 | 13.2% | 20 Nov 2007 |
| QUILL CAPITA TRUST |
0.960 | 0.840 | 14.3% | 08 Jan 2007 |
| AL-HADHARAH BOUSTEAD REIT |
1.320 | 0.990 | 33.3% | 08 Feb 2007 |
| AEON CREDIT SERVICE (M) BHD |
3.690 | 2.500 | 47.6% | 12 Dec 2007 |
| HELP INTERNATIONAL CORPORATION |
1.430 | 0.800 | 78.8% | 25 May 2007 |
FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four, Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.
Also author to another very popular free educational accounting cum finance blog: http://basiccollegeaccounting.com under the branding of College Accounting Coach.
Funny how the market behaves, especially Xianquan, there is no financial history yet to justify the sharp drop?