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Grey market already up 14c plus plus from ipo price of 32c, starting from Friday offer.
*not an inducement to buy or sell Close at 12noon Wed.
When is the closing date for the IPO please ? Thank you.
Subscribe lohh, seen px is so cheap at 8x it P/E ratio. Me oredi wnet to ATM liao.
Will go to ATM for this one. Price is cheap P/E 8x. Performance will be good like that china ipo shoe-maker.
SYNTHETIC LEATHER IS HERE TO STAY ?
Based in Shandong, Sino Techfi bre is a producer of high quality
microfi bre synthetic leather and PU synthetic leather, which
are used extensively in a wide variety of industries
such as:
? Fashion apparel
? Footwear
? Sports apparel & equipment
? Luggage and travel accessories
? Upholstery for furniture and automobiles
Since 2003, the Group has supplied material to certain PRC
government departments and ministries such as the Chinese
People?s Armed Police Force and the Ministry of Public
Security. In June and August 2006, one of our subsidiaries
was designated as an approved supplier of synthetic leather
clothing materials by a logistics department of the People?s
Liberation Army and the Air Force Logistics Department
respectively.
In recognition of the strength of its brand and quality of
products, its Jinfeng brand has received various awards, namely
the ?Shandong Famous Brand?, ?No. 1 Leather Brand in
China? and ?Famous Brand of China?.
Based in Shandong, Sino Techfi bre is a producer of high quality
microfi bre synthetic leather and PU synthetic leather, which
are used extensively in a wide variety of industries
such as:
? Fashion apparel
? Footwear
? Sports apparel & equipment
? Luggage and travel accessories
? Upholstery for furniture and automobiles
Since 2003, the Group has supplied material to certain PRC
government departments and ministries such as the Chinese
People?s Armed Police Force and the Ministry of Public
Security. In June and August 2006, one of our subsidiaries
was designated as an approved supplier of synthetic leather
clothing materials by a logistics department of the People?s
Liberation Army and the Air Force Logistics Department
respectively.
In recognition of the strength of its brand and quality of
products, its Jinfeng brand has received various awards, namely
the ?Shandong Famous Brand?, ?No. 1 Leather Brand in
China? and ?Famous Brand of China?.