
All now is, i am waiting for world bank and his kakis to come on board, pending the over subscription rate, the numbers of d balloting ratio, 98.5 mil placement shares is all but easyly over subscribe...and world bank is oso a big supporter of Hyflux. I am taking those high lighted in blue as a guide, co's they r the leading water treatment companies manageing their own mkt cap.
AS of Friday (29-09-2006) closed. A quick (updated) comparsion of Pe ratio.
Hyflux 24.5x (+0.5 to 25x),
Asia-Envr 14.8x (-0.5 to 14.3x),
Bio-Treat 16.7 (-0.5 to 16.2x),
Asia-water 12.2x (-1.3 to 10.9x),
Sinomem 14.5x (+1.3 to 15.8x),
Dayen 15.9x (+0.3 to 16.2x) last but not the least
Uni envtech 15x (+0.5 to 15.5x) &
Epure Int'l 12x, patience...
Teeth53, what's the average would be just safe
Epure Int'l ipo at 12x, alot of kopi money will be coming, let see, take Synear ipo at $0.54, opening $0.84 and now traded at $0.98, down 2cts sa-more (as of Fri 29 Sept-closed off at $1.03 +5cents on news of issue on warrant). take ChinaPdye ipo at $0.27, opening $0.40 and now traded at $0.315cts. (as of Fri-px unchanged)
AS of Friday (29-09-2006) closed. A quick (updated) comparsion of Pe ratio.
Hyflux 24.5x (+0.5 to 25x),
Asia-Envr 14.8x (-0.5 to 14.3x),
Bio-Treat 16.7 (-0.5 to 16.2x),
Asia-water 12.2x (-1.3 to 10.9x),
Sinomem 14.5x (+1.3 to 15.8x),
Dayen 15.9x (+0.3 to 16.2x) last but not the least
Uni envtech 15x (+0.5 to 15.5x) &
Epure Int'l 12x, patience...
Hi billywows, just hope U r oso as lucky, believe even one lot can still make some kopi $$$. The most loose $1/- mahh..
101 % monitering now on this stock for further update on it mkt price, have some fren on board, going along w/some of the boys, so help help abit lahh...to feed back and oso help myself a little to the kopi $$$.
Grey mkt on offer, no taker so far lehh...Mkt needs new stock to punt. Sino-Env was last kid to run-up past $1 B4 Synear. now it could be Epure turn. A point to comfirmed for those to note, who are the institutional buyers after IPO allotment is close and 10% goes to (IFC) world bank and don know oso yet how many bank fren, i mean world bank kakis around mah...?, the more the merry, Hoot Tua Tua liao.
Wow! You really are very confident till whole families' savings in this IPO, Teeth53 .... Shiok!
Today visited ATM to tikam tikam on my my all available family a/c.
Epure Int'l ipo at 12x, alot of kopi money will be coming, let see, take Synear ipo at $0.54, opening $0.84 and now traded at $0.98, down 2cts sa-more. take ChinaPdye ipo at $0.27, opening $0.40 and now traded at $0.315cts.
A quick comparsion of Pe ratio. Hyflux 24.5x, Asia-Envr 14.8x, Bio-Treat 16.7, asia-water 12.2x, sinomem 14.5x, Dayen 15.9 last but not the least Uni envtech 15x & Epure Int'l 12x, patience...
Grey mkt Px 8 cents liao , don no how truth isit ???
Wow, Teeth53! You really confident that it will go up $0.80 - $0.90 on its first trading day on 06th Oct from its IPO of $0.65 .... ?! Interesting ...
A few lots from Remiser lahh...a little bit bettter then tikam at ATM., would like to hold if it trade open around $0.88 - $0.90 plus plus.
It claims to be China's largest treatment provider for industrial waste water, has industrial projects ranging from the papaer to the oil and metalworking industries and has operations across China, from Beijing, Hubei and Jiangsu to Yunnan and Inner Mongolia. Its orderbook stood at RMB456.7m at end Q106. Gross margins ranged from 27% to over 30%, with net margins between 19% and 22%.
At $0.65, it's priced at about 12x '05 PE. This compared to PERs of > 15x for the other SGX-listed water stocks. Its PB ratio will be 1.67, again lower than those of comparable companies. Subscribe.
Hi Teeth53, just wondering if you got any placement shares from your broker??
I am vested here, so maybe tinted to bias on Epure stock, still i will recommend this stock for a hold to a buy now and got world Bank (IFC) get 10% vested in it. Again just wondering who R those big boys venturing in....???.
Epure IPO at $0.65 a share offering 100 million new shares. Offer opens today anc closes on Oct 4, 2006 (Wed). It expected to starting on Oct 6, 2006 (Friday).
1.5 mil offers shares by way of public offer, and 98.5 mil offer shares by wat of placement.
World Bank through Int'l Finance Corp (IFC) will hold 10% of d issued share capital of Epure immediately after invitation.
Wah... this one is very much hotter than Chemoil. Unfortunately, the public tranche is too small. Tikam...Tikam....Leh
Heard this one is going to be another hot stock, watch watch, prepare some cash and do visit ATM again if any one don get any shares available, isn't it!!!.
One thing i am very sure. I'll humtam big big on this water stock. Behind me got (world bank) a big big mountian fully supporting this ipo stock. IPO ahh... $0.65 cts mem... shiok.
Will try to go to the ATM and try my luck... All the best to all.
Cheers.