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Just a reminder, it's so quiet here, closing on Nov 18, 2006. SUBSCRIBE, hope i am not the 1st to do so, me oredi visited atm.
Am inclined to agree with singaporegal.
The spate of recent IPOs in these past few months have not performed well. I was an IPO fan but no more when I look at their recent performances.
So be careful.
Just look at Gems TV, at every angle look expensive at $1.08c. Don say the one on (Riverstone) offer at $0.26c, 78 mil shares is not worthy to subscribe. Remind me of Swiber. I think is worth to...sort of services to the harddisk and medical tech industies.
5mil for public and 73 mil is placed out to institutes.
Recent IPOs are all above theirs IPO issue prices on lst day of listing. Except the Berliau issue...?
Think this Riverstone is OK to stag as well!
Good Luck to All
Recent IPOs have not been performing well. Be cautious
Worth a subscribe?