Al-Marsad newspaper: a competent face, advice for those who want to subscribe to Americana.
And the specialist said, in a video he posted on his account with the “Tik Tok” application, that the subscription price of Americana shares is between 2.55 and 2.68.
He stressed, “Liabilities to assets are 86%, and that’s a lot,” noting that earnings per share is 5 halala and earnings multiple is 50, according to him.
The specialist commented, saying: “It is not a bad underwriting, but as an investment it is not feasible”, advising: “Those who have subscribed or intend to subscribe to the minimum necessary should follow the first 3 days of the offer of the security for trading in the market .”
He pointed out that the share price can reach between 3 and 4 riyals at the opening of trading.
It is worth noting that the initial public offering subscription period ends on November 21, 2022 for the segment of individuals and other investors in the UAE and Saudi Arabia.
https://www.youtube.com/watch?v=CRd0YL7zdRE
