Worrying Decline In IPO?
Monday, March 3, 2008
The following article was published on the Edge yesterday. 03-03-2008: Worrying decline in IPOs on Bursa
- KUALA LUMPUR: Bursa Malaysia is seeing a worrying trend in the declining number of initial public offerings (IPOs) that have come to the market over the past few years, with a significant number of companies preferring to look abroad to raise equity funds.
According to Bursa data, the number of IPOs last year fell to 28 from 40 in 2006 and 79 in 2005. The number of annual IPOs has declined by about 68.2% from a decade ago. So far this year, there have been six IPOs, comprising three for the Second Board and three for the Mesdaq Market. (rest of article here )
For me, as an investor, it's always quality over quantity for me!
I do not like to see listing just for the sake of listing and I would rather prefer more quality listing!
Just look the Messed-Daq market. The quality of most stocks in there is simply appalling in my opinion!
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