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as per what i posted earlier.. "invisible supporters" behind the scenes (Day 1), then suddenly bloodshed everywhere (Day 2 and ...)...
seeing is beliving ! Now closed at S$0.345 as to compare this morning S$0.375. 2morrow will continue to inch down ! Good Luck.
Everyday will be inching down ! Those who got in IPO, just throw out and take profit is the only wise move. No point keeping.
Business wise not quite good la, but the performance today even better than China YuanBang.. "Invisible Supporters" behind the scenes, then suddenly bloodshed everywhere...
Anyone have any comment on this new IPO. I start to felt the market is thinner, this IPO should be also very thin! Plus the luggage business is also not sound. any comments, please share. Thanks.
INDICATIVE TIMETABLE FOR LISTING
12.00 noon on 14 May 2007 Close of Application List
15 May 2007 Balloting of applications, if necessary (in the event of oversubscription
for the Offer Shares)
9.00 a.m. on 16 May 2007 Commence trading on a "ready" basis
Just got hold of this prospectus during lunch time. 600,000 offer shares at $0.30 each by way of public offer and 19,400,000 placement shares at $0.30 each by way of placement. PhillipCapital is the Manager, Underwriter & Placement Agent.