Sunday 23 October 2016

BCM Alliance, Does The Speed Queen Have Enough Speed

To Fire up the company , on Its DEBUT today on Bursa Malaysia.

The numbers indicate that BCM will have a good day today. There is only about 22 million shares in the market place, as the rest are 'locked up,'.

The IPO price is 19 sen, with JF Apex valuing the stock at 31 sen, while Vincent Tan' InterPac values BCM at 26 sen.

And what does BCM do ? Well it runs the Speed Queen self-service launderette outlets in major townships such as the Klang Valley, Johor and  Penang.