Injap Sia’s grocery venture MerryMart Consumer Corp. has pegged the final price for its planned initial public offering at P1 each share to raise around P1.59 billion.
Proceeds from the IPO will be used to fund MerryMart’s aggressive expansion program aimed at increasing store network to 100 by the end of 2021 and further to 600 by 2025.By 2030, MerryMart expects to double its branches to 1,200 as part its goal to hit P120 billion in systemwide sales revenue. MerryMart currently owns and operates four branches.
MAGANDA BA ANG MERRYMART BILHIN?
Let us look at some of the things written on its Prospectus.
THEY INVESTED 108 MILLION PESOS ORIGINALLY FOR 79% OF THE BUSINESS, WHILE YOU ARE INVESTING 1.6 BILLION FOR 21%.
Hahaha. Crazy World.
KPMG din yung sa 2go noon na nagkaroon ng discrepancy yung declared/filed na earnings.
IS IT A BUY OR A PASS?
For me? It’s a pass! It is always a pass. You need to understand what an IPO is. IPO is about the company trying to sell you their shares. They will always tell you na it’s good. Lahat na involved sa IPO mula sa business owner papunta sa underwriter eh gusto pera or gusto kumita. Learn about IPO’s dirty secret here.
The best thing about our forum is pwede magdiscuss doon about stocks. You will get different insights from different traders about Merry Mart. So bago ka magdecide at least well informed ka. You can click this link: tl-forum-healthy-discussion-merry-mart-prospectus.
You can also click this link: MerryMart IPO Priced at Php 1.00 Each
THE MORE WE DISCUSS THINGS, THE MORE WE LEARN.
Wala naman sa trading na alam lahat. The more you discuss it. The more you listen sa ideas ng iba. The more you grow and the more you learn. Yan ang dahilan bakit namin ginawa ang Trader’s Lounge Forum. It will benefit a lot of traders.
YOU WON'T BUY MERRY MART?
Sa IPO no but if nagpakita ng good entry sa day trading I might join the fun.
Sa mga nag iisip if bibili ba or hindi just try to read the prospectus at try din mag isip. Two things kasi pwede manyare. Umangat si MM sa opening/listing day or bumagsak. If nag avail ka ng IPO niya, isa sa dalawang pweding mangyare ay makakaasa sa iyo. If bumagsak lugi ka. If umangat naman kikita ka.
While if di ka bumili ng IPO. If bumagsak di ka lugi. If umangat naman pwede ka sumakay. Its a matter of choosing a better decision.
Sa naghahanap guide ang day trading set up natin ay alma at ang time frame ay 1-15 minutes depende alin ang maganda or depende sa choice mo na time frame.
Goodluck sa lahat!
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