A study on performance of new issues on Main Board for 1990-1996 (June) / Rosmawee Shuhaimin

Basically this study based on performance of new issues in Main Board from 1990 to 1996 (as at June). There are 123 counters all together and can be divided into nine sectors, there are Consumer Product, Industrial Product, Construction, Trade & Services, Properties, Plantation, Hotel, Trust, an...

Full description

Saved in:
Bibliographic Details
Main Author: Shuhaimin, Rosmawee
Format: Thesis
Language:English
Published: 1996
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/40761/1/40761.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
id my-uitm-ir.40761
record_format uketd_dc
spelling my-uitm-ir.407612021-01-21T06:37:42Z A study on performance of new issues on Main Board for 1990-1996 (June) / Rosmawee Shuhaimin 1996 Shuhaimin, Rosmawee Asia Trust services. Trust companies Investment, capital formation, speculation Basically this study based on performance of new issues in Main Board from 1990 to 1996 (as at June). There are 123 counters all together and can be divided into nine sectors, there are Consumer Product, Industrial Product, Construction, Trade & Services, Properties, Plantation, Hotel, Trust, and Finance. The period of measurement can be divided into 1 week, 1 month, 3 months, 6 months, 9 months and 1 year respectively. The analysis can be divided into three sections. First section is performance of new issues according to year with three sub-section. There are market return, stock return based on subscription price and opening price. Second section is performance based on sectors by using stock return measurement. Third section analyse relationship between market return and stock return. Please note that stock return based on subscription price is the one that is in consideration. The study have shown that most of the new issues which are bought based on subscription price are underpriced. Majority of them gain about 100%-and over. Whereas if it is based on opening price the investors is not going to gain much as compared to investors who bought based on subscription price. The highest returns is 466.67% under industrial sector. However construction and properties are also included in most outstanding positive return. Usually the new issues gives better return which it is traded in the 1st year. In terms of relationship they are inversely and directly related. 1996 Thesis https://ir.uitm.edu.my/id/eprint/40761/ https://ir.uitm.edu.my/id/eprint/40761/1/40761.pdf text en public degree Universiti Teknologi MARA Faculty of Business and Management Ahmad, Fadzillah Azam
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Ahmad, Fadzillah Azam
topic Asia
Asia
Asia
spellingShingle Asia
Asia
Asia
Shuhaimin, Rosmawee
A study on performance of new issues on Main Board for 1990-1996 (June) / Rosmawee Shuhaimin
description Basically this study based on performance of new issues in Main Board from 1990 to 1996 (as at June). There are 123 counters all together and can be divided into nine sectors, there are Consumer Product, Industrial Product, Construction, Trade & Services, Properties, Plantation, Hotel, Trust, and Finance. The period of measurement can be divided into 1 week, 1 month, 3 months, 6 months, 9 months and 1 year respectively. The analysis can be divided into three sections. First section is performance of new issues according to year with three sub-section. There are market return, stock return based on subscription price and opening price. Second section is performance based on sectors by using stock return measurement. Third section analyse relationship between market return and stock return. Please note that stock return based on subscription price is the one that is in consideration. The study have shown that most of the new issues which are bought based on subscription price are underpriced. Majority of them gain about 100%-and over. Whereas if it is based on opening price the investors is not going to gain much as compared to investors who bought based on subscription price. The highest returns is 466.67% under industrial sector. However construction and properties are also included in most outstanding positive return. Usually the new issues gives better return which it is traded in the 1st year. In terms of relationship they are inversely and directly related.
format Thesis
qualification_level Bachelor degree
author Shuhaimin, Rosmawee
author_facet Shuhaimin, Rosmawee
author_sort Shuhaimin, Rosmawee
title A study on performance of new issues on Main Board for 1990-1996 (June) / Rosmawee Shuhaimin
title_short A study on performance of new issues on Main Board for 1990-1996 (June) / Rosmawee Shuhaimin
title_full A study on performance of new issues on Main Board for 1990-1996 (June) / Rosmawee Shuhaimin
title_fullStr A study on performance of new issues on Main Board for 1990-1996 (June) / Rosmawee Shuhaimin
title_full_unstemmed A study on performance of new issues on Main Board for 1990-1996 (June) / Rosmawee Shuhaimin
title_sort study on performance of new issues on main board for 1990-1996 (june) / rosmawee shuhaimin
granting_institution Universiti Teknologi MARA
granting_department Faculty of Business and Management
publishDate 1996
url https://ir.uitm.edu.my/id/eprint/40761/1/40761.pdf
_version_ 1783734597958238208