Union Gas *Official* (SGX: 1F2)

endlssorrow

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Their gas for vehicle like goin uplorry soon lei
Once this batch COE die I think CNG revenue axed off liao
 

Perisher

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I agree with what Mr Ipo says and most people I chat with thinks about the same. The ipo should turn good for stagging purposes and subsequently run out of gas soon...
 

foolosophy

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Though the bottled LPG is the main bulk 59.5% of the business, it will diversify to piped natural gas next year and CNG is still a viable source of revenue. I believe it won't fare too badly.
 

only_lonely

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ok just bid little amt. when result out? can sell thru Vickers or ibanking later?
 
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endlssorrow

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Though the bottled LPG is the main bulk 59.5% of the business, it will diversify to piped natural gas next year and CNG is still a viable source of revenue. I believe it won't fare too badly.

piped natural gas like city gas to residential household?
 

Perisher

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I don't understand y mr ipo gave this 2 chili while NLT gets 1 only... My bet is on NLT tho.

The 2 chili is for pure stagging if you read his review, this one for the long term, mr ipo also rated 0 chili.

It's probably a 2 chilli rating for the debut and 0 chilli rating for the longer run until we sort out some of the concerns mentioned above.

He rate it higher because of gauging the interest level, the tighter supply of shares, the lower price etc...
 
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