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Old 19-06-2017, 08:06 PM   #271
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It closed at IPO price today.
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Old 19-06-2017, 08:26 PM   #272
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CS bo eng liao
CS - Credit Suisse, stabilisation manager steps in today to buy 460k at 0.90
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Old 19-06-2017, 09:55 PM   #273
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I spend about a few minutes talking to some of my HR colleagues about recruitment agencies

Obviously it is not as easy to set up a company as large as HRNET. If the business revolves around funds, you practically need a huge cash cushion to pay off the temp staff pool before waiting for the company to reimburse the company

Only a customer of these companies will be able to tell you about the potential switching cost, which can be a durable competitive advantage

That is all for now but if it gets cheap I will buy
Despite a false start, I still believe this company will do very well in time to come...
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Old 19-06-2017, 10:16 PM   #274
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Down two days since debut, tmr underwater lor if the trend continues
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Old 20-06-2017, 08:45 AM   #275
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will open below 90c bo
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Old 20-06-2017, 12:44 PM   #276
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Time to go diving?
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Old 21-06-2017, 09:29 AM   #277
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Time to go diving?
First underwater IPO of the year!
Dunno snorkeling or diving yet...
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Old 21-06-2017, 10:07 AM   #278
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yesterday stabilisation mgr CS defended 1.9mil shares at 0.895-0.90

don't entangle yourself in the net hor.
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Old 21-06-2017, 10:17 AM   #279
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First underwater IPO of the year!
Dunno snorkeling or diving yet...
This is an asset light company with no significant CAPEX requirements. It is net cash with 0 debt. It has just raised another $174M cash from the ipo, which will go into it's business expansion. Prior to the IPO it's already highly profitable. With an inflated war chest , I see it's earnings growing significantly from here, which justifies it's PE, as it's a high growth company. This period when investors are still unsure of the prospects of the company present a good boarding opportunity. This is my amateurish view, please DYODD..
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Old 21-06-2017, 10:46 AM   #280
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A counter that only rewards employees but not shareholders

Dyodd

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Old 21-06-2017, 10:57 AM   #281
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joining recruitexpress now!

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Old 21-06-2017, 11:04 AM   #282
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I feel this company sells on skills. Hard to predict on future earning.

Will buy some to keep if price drop till 60 cents
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Old 21-06-2017, 11:19 AM   #283
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A counter that only rewards employees but not shareholders

Dyodd

Following the successfully marked up price of some recent IPO like Kimly and Sanli, selling IPO stocks on first trading day is generally a good way to make some quick cash. Provided you sell immediately on 1st trading day.

Strictly looking at fair value of these companies in this economy vs other companies? It's really too pricey in my opinion, especially the Sanli one. That's why we can see the huge correction for Sanli is already on its way.

When most Reits is still trading at less than its book value, and provide relatively stable dividend yield over the year, I don't see why we should jump into these new stocks...

We still have a lot of better value stocks out there. Look hard enough, we will find it's much more valuable to invest in those stocks.
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Old 21-06-2017, 08:44 PM   #284
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Profit is inflated by government subsidies

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Old 22-06-2017, 08:48 AM   #285
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Comment: CS stabilisation trades accounts for 30+ to 50+% of the total volume of trade for the last 2 trading days

21Jun, CS defended 353k shares at 0.895

yesterday (20Jun) stabilisation mgr CS defended 1.9mil shares at 0.895-0.90

don't entangle yourself in the net hor.

CS - Credit Suisse, stabilisation manager steps in today (19Jun) to buy 460k at 0.90
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