IPO   

China XLN Fertiliser - IPO

Result is out at DBS.

 

Result is not out yet in DBS.

 

No luck for me also.

 

no luck teeth..... guess you will be smilling to collect your IPO again? ^^    

 

 

Anyone subscribe?. "Lelong px, Bo Liao lohh" closed at 12noon today, trading is expecting to start on 20-6-2007.

It has a premium very close to a dollar lehh.... 1st congrat...those who try to tikam, next must congrat..those who win in this those lucky winners in this IPO. Just my tot yah...  

 

Premium px gains is minimum with mkt deemed fuuly valued, so this China XLX fertiliser IPO  px at 24x it PER Ratio has mkt-ed at 77ct " with it px -earnings and px-book valuation nearer to the upper end of historical ranges this IPO is seem on the end high end, unlike CosmoSteel at 6x it PER. it is ur decision and is ur $$$. U decide.....

 

IPO at 77ct. PER 24x it earning..not much room to move to a dollar on opening. 23ct premuim or It earning PER will send to about 31x it earning.

 

Nowadays, every other IPO is from China. 

 

Hi Members,

China fertiliser producer launches IPO at 77cts a share today for a mainboard listing.

Is there any potential or strong footing for this counter?

Thanks for your comments.