IPO
The Worst Performer - Healthway Medical
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Full article:
http://investsgx.blogspot.com/2008/09/champion-healthway-medical.html
The IPO champion of the year is Healthway Medical!
Healthway Medical is the worst performer in this year IPO market.
No surprise as Healthway Medical has priced their new shares at more then 27 times price earning ratio a share in IPO.
Market darling stock with proven track record like Raffles Education is trading at about 22 times PER
. Do not expect any new the challenge to this exorbitant pricing in rest of year 2008.
