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Huat huat...arhh...closing on Wed - just sharing info.
http://shirleycfy.blogspot.sg/2012/10/geo-energy-ipo.html
" with potential delisting of Sakari in the balance, investor’s attention could now turn to Geo Energy, for exposure to Indonesia’s coal sector. A lack of listed coal plays on SGX could see higher multiples assigned to the stk."
+ Positive long-term prospects, with annual Indonesia coal production expected to reach 560m tons by 2025 from 325m tons in 2010. Growth will be supported by key export markets China and India, projected to account for 67% and 33% of global coal growth till 2030.
susan66 ( Date: 16-Oct-2012 17:20) Posted:
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Sorry, don't know about this. IPO is hard to say, even if hit 0.91 only 1 cent profit not worth the effort, still must take into consideration the brokerage charges.
For IPO there's no history, no chart to analyse, so based on luck only and how market sees it. Can only based on hearsay, hard to predict.
BTW, didn't know I become Master already!
whencanchange ( Date: 16-Oct-2012 20:14) Posted:
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susan66,
so whats yr view on Religare Health ipo? IPO price 90 cts, do u think can hit 91 cts or not on it's 1st day!
susan66 ( Date: 16-Oct-2012 17:20) Posted:
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Heard it's good with target 0.50 so far. Can try your luck! 