CHINA JINJIANG ENV HLDG *Official* (SGX:BWM)

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This one looks legit leh, dont think after the S chip saga sgx will sui bian let any dog cat china coy to list
 

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How come just look at the absolute price? 90c per share means nothing if u dun look at the valuation
 

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How come just look at the absolute price? 90c per share means nothing if u dun look at the valuation

Actually, it does, kind of.
Psychologically, most IPO that opens near 90c level recently has a hard time moving above $1 so the upside is capped. Note that many bid for IPO just to stag.
 
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