IPO

Forget About PAS, Here’s How UMNO Could Lose Johor State

Sabah and Sarawak have been Barisan Nasional (BN) “fixed deposit” since independence in 1957, and it will remain so for the next 50-years, unfortunately. That’s a reality, not because Sabahans and Sarawakians were dumb but because majority of them were dirt poor. And they were freaking poor primarily because they were systematically denied their basic […]

... written on Jun 22 2015

Jack Ma Kept Talking “Trust” – Did He Try To Signal He Won’t Scam Your Money?

For a moment, we thought Alibaba could breached the US$100 a share and sent everyone on the trading floor jaw-dropping. But the stock hit its highest at US$99.70, just 30 cents of reaching the 100 bucks mark. On the first day of its listing on NYSE, Jack Ma’s baby was trading between the range of […]

... written on Sep 21 2014

Alibaba Jack Ma Raising Money Via IPO, But This Guy’s Raising Money Via Girlfriend Rental

There’re basically three important things that happen on Friday, September 19, 2014. First, the Scottish decision whether they would get their independence after 300-years with England and other cousins making up the United Kingdom. And the results after the voting – 55% Nay and 45% Aye for an independent Scotland. So, for at least a […]

... written on Sep 20 2014

Alibaba’s Jack Ma Is China’s Richest Man. Here’s Top-5 Richest People In China

China has a new super rich man – Jack Ma – the 49-year-old founder and chairman of Alibaba Group Holding Ltd. Based on Bloomberg latest compilation, Jack has a net worth of a staggering $21.8 billion (£13 billion; RM68.6 billion), making him the richest man in China instantly, dwarfing his nearest competitor, Pony Ma HuaTeng, who […]

... written on Aug 28 2014

FGVH IPO – What You Should Know Before Investing

Unlike the era of the 1990s, thanks largely to 1993’s Super Bull Run, you can’t expect to make easy money at IPOs tables nowadays. During the good old days, making 100% profits via IPO was a normal story. Heck, you would probably get laughed at for trumpeting 100% profits. Even if you were very “Sui” […]

... written on Jun 12 2012

Facebook – From Stealing Idea to Cheating Investors?

The story of Facebook was full of controversies – from the moment the company’s birth to its IPO last Friday. Mark Zuckerberg, then 19-year-old, was accused of stealing Facebook’s idea, the source code and the business plan for Facebook in 2003 from Harvard seniors, Cameron and Tyler Winklevoss. And now the company which was supposed […]

... written on May 24 2012

LinkedIn IPO At Crazy Price, IPO Scramble To Follow

Jim Cramer was right when he was furious about the LinkedIn Corp’s IPO yesterday. He was absolutely right that the IPO was “outrageously overvalued and preposterous” and that it’s the most ridiculous IPO since TheGlobe.com. Seriously, who can blame him when he accused the underwriters of playing the same game everyone played back in the […]

... written on May 20 2011

Finally Penthouse Company FriendFinder Goes Public

FriendFinder Networks Inc, the publisher of adult magazine Penthouse sold 5 million shares for $10 each on Tuesday, raising $50 million in its third attempt to go public. FriendFinder, whose websites include AdultFriendFinder.com and BigChurch.com, plans to use all of the proceeds to pay down a portion of its debt. The company claims to have more […]

... written on May 12 2011

Facebook IPO, from $50 Billion to $124 Billion Valuation

Facebook is the world’s largest social network, with over 500 million users. Founder Mark Zuckerberg launched “Thefacebook” (thefacebook.com) on Feb 2004 before rename it as just “Facebook” after secured the domain facebook.com in 2005 for $200,000. Facebook actually started as Facemash, a simple site that placed two photos next to each other and ask users […]

... written on Jan 08 2011

Petronas Chemicals IPO Share Application – The Tips

Petronas Chemicals Group Berhad’s IPO (initial public offering) which is set to raise as much as US$4 billion has launched its prospectus today, offering RM5.05 a share to retail investors. At the same time, the company, the petrochemical arm of Malaysia’s state oil and gas company Petronas, announced its net income for the four months […]

... written on Nov 01 2010









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