Sanli Environmental *Official* (SGX:1E3)

Think09

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VITATION IN RESPECT OF 52,000,000 NEW SHARES
COMPRISING:
(i)
2,500,000 Offer Shares at S$0.225 for each Offer Share by way
of public offer; and
(ii)
49,500,000 Placement Shares at S$0.225 for each Placement
Share by way of placement, comprising:
(a)
45,000,000 Placement Shares at S$0.225 for each Placement
Share; and
(b)
4,500,000 Reserved Shares at S$0.225 for each Reserved
Share reserved for subscription by our Directors,
employees and business associates who have contributed
to the success of our Group, payable in full on application.
 

Perisher

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mod jeeping hrnetgroup too?

That one priced too high, not on valuation basis, but on a ipo opening basis.
Most stocks that price at 70c upwards find it hard to move above $1 whereas those priced below 40c can easily double on first day.

Then again, that is for pure stag. 70c to 99c is still a huge gain in 1 day.
Reading mr ipo blog first then see how.
Hrnet seems fundamentally strong.
 

akwl88

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That one priced too high, not on valuation basis, but on a ipo opening basis.
Most stocks that price at 70c upwards find it hard to move above $1 whereas those priced below 40c can easily double on first day.

Then again, that is for pure stag. 70c to 99c is still a huge gain in 1 day.
Reading mr ipo blog first then see how.
Hrnet seems fundamentally strong.

based on 0.80 price and 0.535 eps, pe is 15

waiting for mr ipo to review too!
 

wahkao3

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see, i told u guys there is an IPO for an engineering company starting with "s"
 

Sinkie

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see, i told u guys there is an IPO for an engineering company starting with "s"

QD6uBwZ.jpg


Heng I also know haha
 
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