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IPO Writeups

Banyan Tree $1.07, look expensive, look more like Buaya wanted to eat up all the IPO $$$ to clear their dept and oso will leave some $$$ for Natsteel to collect many more million $$$.

 

hope my Gallen Ventures Fund - check it out at my blog http://kelongstocks.blogspot.com - can outperform Gallant Venture IPO :P

 

[b]Oriental Century[/b]
my take on this IPO at http://kelongstocks.blogspot.com

 

Thk Gallen, during DOW, down d 2nd times by more then 200pts, feel that SunEast don't move and with DOW so uncertain over it interest rate. I cut my lost liao, still vested in China Milk for me.

 

Quite surprised that Natural Cool managed to hold above its IPO price, let's see how much longer this stock can hold out before it follows the path of Lorenzo into oblivion.

For FA & TA analysis, please visit:

http://kelongstocks.blogspot.com

 

Yo Teeth53, regarding your query about Beauty China vs Sun East,

Beauty China is trading at a forward 2006 P/E of around 9.5x based on 73.5 cents while Sun East trades at around 19x forward 2006 P/E.

Sun East is into its 4th quarter results for 2006 so using 2007 valuations is more appropriate, assuming 40% growth in EPS, then forward P/E would be around 13.5x.

Margins appear to be comparable for both but Beauty China has higher market cap and larger profits and sales although Sun East probably trades at a higher P/E due to expected faster growth.

On a fundamental basis, Beauty China does look cheaper although it offers relatively slower but steady growth.

 

Hi teeth53, yes, i believe China Milk's result is out tomorrow?

could see some action ahead of results release. On the daily chart, looks like a flag formation to me, needs to break out of $1.45 resistance first before uptrend can continue, potentially to DBS's target of $1.95.

For FA, TA and IPO writeups, please visit

http://kelongstocks.blogspot.com

 

Hi SmallFish, I would avoid all the shipping related companies for IPOs.

 

Hi again gallen, thk to U for coming up with(at last)on cover warrant issue by DBS on your Kelong blog, this ?? is posted back dated 31 Mar 2006, at that time it was below $1/-, so hope something good come out of it milk cheongg....liao. DBS recommendation target px $1.95cts rite.

 

HI Gallen, can do a brief up date on Beauty China compare to SunEast result ??

 

Woww..Hengxin really cheong...ahh to 50cts opened at 405cts & closed at 485cts, even tested my 48cts & oso beyond my expected px of 45cts on huge vol of 124.8 million shares traded. A sign-China listed stocks is renewing making $$$ (May 06). Had been running up 2 days oredi, v disappointed w/Lorenzo Px, went below water on day1 & closed at 21cts.

 

How about these 3 upcoming IPOs:- Varun Shipping Company, Oriental Century and Pacific King Shipping? Any tips here??

 

How about these 3 upcoming IPOs:- Varun Shipping Company, Oriental Century and Pacific King Shipping? Any tips here??

 

Hengxin IPO got 13x over subscribed, got UOB & DBSAM over to their side, base on subscription rate. Hengxin rate double it over Novena, if Novena open with 30%-40% premium. Hengxin open with 60-80% premium, so my tp for Novena is 30cts & Hengxin tp 45cts. Hope i'm rite, guess oni hoh...

 

Hahaha, at last thk Nostradamus, seem lorenzo IPO is 6x over subscribed & got Novena & koda support as major investor. Jus wondering how Mr Toh Soon Huat Acting Chairman & CEO (Novena boss)got this kang tow, anyway he's in d same line, wondering his Novena can cheongg.. or not ??

 

If they play their cards right, Lorenzo could command a valuation similar to HTL or Man Wah.

 

Hello, any one out there !! How come no body talk about Lorenzo IPO, any idea what will be it opening px, what'll be will be, jus 14 hours away, can C it's above water, jus my very own guess work.

 

Hengxin IPO px at $0.25cts is over liao. no such px tmr. My prediction 38cts-40cts maybe under px given today stock run, will Hengxin test 48cts ?? A possibility. What ur take?, wish some1 can share forum here on it opening px. Vested 5lots within bigger vested group. I tompang oni, meanwhile chk my CDP a/c, (get none).

 

well supported by Natural Cool supporters, my hope become truth +1cts of my predicted px. 25cts-25.3cts or at least 15% profit, a mere .007cts away, tmr may c it move up again by big boys closer to 30cts liao.

 

N.Cool, v cool, open at 23cts tested 26cts b4 taking profit within 5 mins, look like not so hot item, jus be careful about null trap. yah... got profit, take it.