BUMI ARMADA IPO vs Hibiscus Petroleum IPO

BUMI ARMADA IPO

Bumi Armada Bhd, Malaysia’s largest supplier of vessels for the oil and gas industry, said it secured cornerstone investors for its initial public offering in Kuala Lumpur.
Institutional investors Great Eastern Life Assurance (Malaysia) Bhd, Permodalan Nasional Bhd, HwangDBS Investment Management Bhd and Prudential Fund Management Bhd will own a combined 10.2 per cent of the company’s shares, Bumi Armada said in a statement in Kuala Lumpur today.

Offshore oil and gas services provider, Bumi Armada Bhd, which aims to raise RM2.029 billion from its initial public offering (IPO), has an order book of RM5.8 billion as at June 1, 2011. 

source: Business Times

Hibiscus Petroleum IPO

Hibiscus Petroleum Bhd will utilise its initial public offering (IPO) proceeds of between RM150 million and RM300 million to acquire stakes in one to three oil and gas exploration and production (E&P) companies.

"We intend to only venture into E&P opportunities, from low to moderate risk onshore opportunities and low risk shallow water offshore opportunities that have high upside potential," said Managing Director Dr Kenneth Pereira after launching the company's IPO prospectus here today.

Hibiscus Petroleum, the first special purpose acquisition company (SPAC) to be listed on Bursa Malaysia, is scheduled for listing on the Main Market on July 25. 
Source : Business Times

my comment:

already splash cash on old town ipo....need to withdraw money from SP SETIA..hahaha..

BUMI ARMADA, here i come....

BUMI ARMADA IPO Results

PUBLIC ALLOTMENT

BUMIPUTERA ALLOTMENT

Hibiscus Petroleum IPO balloting results

BUMI ALLOTMENT

PUBLIC ALLOTMENT

p/s : how to apply IPO via online? n wanna know recent IPO performance? click HERE

p/s: Incoming IPO August 2011

MyVi vs Honda City Downpayment and Monthly Installment

Perodua Myvi EZ 1300cc 

On the road price for a brand new automatic, solid perodua Myvi EZ 1300cc (in Peninsular Malaysia) is RM 46900. A 20% downpayment of RM 9380 and seven year hire purchase loan with an interest rate of 4%, translate into monthly repayments of RM 571.

Model : Perodua Myvi EZ 1300cc (for peninsular Malaysia)

On the road price : RM 46900

Downpayment : RM 9380 (20%)

Period : 7 years

Monthly commitments : RM 571

Perodua Myvi EZ 1300cc - second hand

A cheaper option is a four year old second hand model, which cost about RM 35000, or RM 445 a month (assuming a 20% down payment and interest rate 4.5 %)

Model : Perodua Myvi EZ 1300cc (second hand)

On the road price : RM 35000

Downpayment : RM 7000 (20%)

Period : 7 years

Monthly commitments : RM 445

Honda City (E class)

A Honda City is the dream car for those who are in their 20s and 30s. The grade E model on the road price RM 90, 480. A downpayment of 20% and hire purchase loan of seven years at 4% translate into monthly commitments of RM 1102.99.

Model : Honda City

On the road price : RM 90,480

Downpayment : RM 18,096  (20%)

Period : 7 years

Monthly commitments : RM 1,102.99

Official Cardiff City Jersey 2011/2012

Malaysia Boleh !!!

p/s : Credit to Tan Sri Vincent Tan..''man with the money'' behind Cardiff City :P

AIR ASIA vs MAS

Malaysia Airline System Berhad (MAS)

Trademark:
Malaysian Hospitality

Subsidaries:

• Firefly
• MASwings
• MAScargo

Fleet size

82 + (56 orders)

Air Asia

Trademark :
Now Everyone Can Fly

Subsidaries : 

• Thai AirAsia
• Indonesia AirAsia
• VietJet AirAsia
• AirAsia Philippines
• AirAsia RedTix

Fleet size:
103 + (121 orders)

Statistics:

How to apply IPO via online?

What does IPO means?

investopedia definition:

The first sale of stock by a private company to the public. IPOs are often issued by smaller, younger companies seeking the capital to expand, but can also be done by large privately owned companies looking to become publicly traded.

In an IPO, the issuer obtains the assistance of an underwriting firm, which helps it determine what type of security to issue (common or preferred), the best offering price and the time to bring it to market.

Also referred to as a "public offering". 

So how to apply ?

via CIMB Clicks


i take MSM example, applied on 13 June 2011

step 1

step 2

step 3

MSM IPO, let see performance on listing, 28/6/2011

let see some IPO performance in Bursa Malaysia recently:

Car or a house first?

Alan Tong justifies putting a house before a car but admits this is only possible when a comprehensive public transportation system is in place.

AFTER you have graduated and secured your first job, what would be the first big ticket item that would appear in your purchase list? Many would think of a car before any other item.

Owning a car has become the first priority for many young people in Malaysia.

However, in China, their youths have a different thought. They would prefer to own a house instead of a car as their first asset.

This is an interesting difference in mindset between the youths in Malaysia and China.

What makes our young people decide to purchase a vehicle which will depreciate in value over the years instead of a house which has the possibility of gaining capital appreciation over time?

There are many reasons influencing this mindset. Chief amongst them is the macro development of the country and in particular of our public transportation.

Regrettably, although our current public transportation system has improved, it has not reached the level of that of a developed country.

Waiting in a queue to board a bus or train which may not arrive on time has become a hassle to many who have to depend on them for their daily transportation.

Therefore, in order to move around in the most convenient and comfortable manner, Malaysians in general have little choice but to acquire their own vehicle as their first asset.

The situation is different when compared to that in cities with a comprehensive public transportation system. Let's look at China for example. As one of the fastest growing nations in the world, China is an inspiring example for us to study.

For the past 15 years, I have been travelling frequently to China and have witnessed the vast changes in its transportation system. Its government had envisaged the need to have an efficient transportation system to support its fast paced economy and was bold enough to implement and develop a transportation network ahead of demand.

Fifteen years ago, I hardly saw vehicles throughout a 100 km journey on well constructed highways in China (and even at that time some highways came with 14 lanes). Those highways are now supporting high traffic flow with millions travelling from one province to another every day.

In addition, many cities in China are now well connected with an efficient network of public transportation.

This comprehensive public transportation service has allowed its people to travel around easily. Owning a private vehicle is therefore not a necessity but a prestige. With its people moving to the big cities for jobs or business opportunities, the priority is to own a property for accommodation or business if possible.

If not, renting a property would be the next best option.

This explains the divergence in mindset between the youths in Malaysian and those in China when it comes to the question of wheather to own a car or a house first.

To address this situation, the government should take initiatives in developing an extensive public transportation system and subsidising the relevant projects, such as the latest Mass Rapid Transit plan.

Public transportation is an avenue where the government could channel resources to good use and benefit the lower income groups as a whole. Comprehensive public transportation at affordable fares would reduce the burden of travelling, and people could consider more capital investment tools, such as properties.

Although buying a house is also a major financial decision and there are a lot of factors to be considered, proper financial planning would help our young people to start saving towards their goal of owning a property at an early age.

We look forward to the day when our local public transportation system is well established. That day will also be the day where our Malaysian youths have the foresight and drive to own a house first before anything else.

Datuk Alan Tong is the group chairman of Bukit Kiara Properties. He was the FIABCI world president from 2005 to 2006 and was recently named Property Man of The Year 2010 by FIABCI Malaysia.

Datuk Alan Tong is the group chairman of Bukit Kiara Properties. He was the FIABCI world president from 2005 to 2006 and was recently named Property Man of The Year 2010 by FIABCI Malaysia.

source: THE STAR