
teeth,
What did Pahlawan say about this stock? Sharkfin, drumstick or kiam hee? Sorry to bother you as got block out from Shareinvestor forum.
Peace
Hi EastonBay,
So far, no news coming so soon..still on road show, prelim.. look and sound okk..to me, best is to watch it show progress and see if any BBs, esp China funded kakis, UBS funded kakis plus it px range it want to IPO. if it px is high and if too steep on it PER, then some may give it a miss, for some like BBs fron China /UBS institutional funded, usually they will take on such offer beco's $$$ to them is nothing, few (500) hundred mil- nothing at all. if any good news will post as usual on Yangtze IPO forum.
teeth, how about the Yangtze IPO... interested...? sorry to post it here because I wanna to make sure it gets to you.
Transfering fund to this target, cheongg...IPO at $0.23c (4.8x it PER)
It is an electronics manufacturer with end-products in 3 primary segments: telecomms, consumer and industrial & commercial. Customers include other OEMs and ODMs as well as large MNCs such as NEC, Philips and Honeywell.
Its peers only operate in niche product segments, unlike Valuetronics which is an integrated EMS provider. Historical PE is 4.8x and although it has a higher P/B compared to its peers, Valuetronics outshines them. NRA peg fair value at 6x PE or $0.29. Subscribe.
FYI: This will be my next IPO target and will tikam at ATM, closed on 26-03-07.
Any advise if this is an IPO worth investing?
Valuetronics Holdings Limited | Provenance Capital Pte. Ltd. | CIMB-GK Securities Pte. Ltd. | Registered | 12/02/2007 |
23 cents offer (good for a stag) at a PE Ratio of 4.9 times it earning, based on the company's net earnings per share of 4.7 cents for finance year 2006.