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Monday 14 March 2011

ManagePay System Berhad (0156 / MPAY) ~ IPO



Tomorrow, 15th March 2011, will be the listing date for MPAY. I believe tomorrow this stock will have an active trading day, most probably staying positive throughout the whole day.

IPO activities in 2011:

  • Berjaya Food Bhd (BJFood, listed on 8th March)
    issued price: 51sen
    closed on first day: 63.5sen
    Climbed to highest 74.5 sen on the second day of listing

  • Century Software Holdings Bhd (CENSOF, listed on 31st Jan)
    issued price: 93 sen,
    closed on first day: 96 sen.
    Climbed to highest RM1.40 on the eleventh day (18th Feb) of listing

  • K. Seng Seng Corp. Bhd. (KSSC, listed on 19th Jan)
    issued price: 57 sen,
    closed on first day: 61.5 sen
    climbed to highest 68.5 sen on the 3rd day of listing

  • Tambun Indah Land Bhd. (Tambun, listed on 18th Jan)
    issued price: 70 sen
    closed on first day: 80.5 sen
    climbed to highest 86.5 sen on the 1st day of listing

  • Benalec Holdings Bhd. (Benalec, listed on 17th Jan)
    issued price: RM1
    closed on first day: RM1.34
    climbed to highest RM1.53 on 8th Feb

  • Asia Media Group Bhd (AMEDIA, listed on 11th Jan)
    issued price: 23 sen
    closed on first day: 28.5 sen
    climbed to highest 42.5 sen on the first day of listing

  • Maxwell International Holdings Bhd (Maxwell, listed on 6th Jan)
    issued price: 54 sen
    closed on first day: 56.5 sen
    climbed to highest 61.5 sen on the 3rd day of listing

Judging from the history, if you like to gamble, you can join the speculative crowd on the first day of the stock IPO tomorrow :)

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Chitika