Confirm cheong! Peter Lim is one cornerstone investor with US$100 mil vested. All his counters have cheonged, he has very fathful followers with him, some are BBs.
In addition, the branding GIC is already a premium, and speculative investors dont care abt fundamentals but more of buying interest for govt fund.
A lot of 1 lotters around, and to sell on day 1 means they only make some kopi $$$. What is the point? I believe pp will buy more to keep, on top of theit 1 lot.
Hi everyone. I'm sure that most of you who applied for the IPO are happy since it was reported that there was a 96% success rate eventhough the number of lots alloted may be lesser than what was expected.
Nevertheless, I hope GLP will soar due to its strong backing. I think it will start trading at $2.10 upwards on the first day.
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