QUOTE(andyhui @ May 23 2011, 11:36 AM)
every time,IPOthread become an education thread of how to apply IPO to some noobs.No one is discussing their biz.
my view,despite low but not so low pe,no much upside as other property stock has better land bank
bos, you are entirely wrong. why only read the last 2 pages and came up with that silly conclusion? Go read from 1st page, ok
There are 4 pages of healthy discussion.
At the end of the day, it depends on the individual to what sort of strategy they are after. Long term, short, hit and run etc.
If for Hit and Run - none of the ratios, business etc make sense to them.
WHO CARES, get IPO dump on 1st day. LOL
A lot of things doesn't make sense for example in Smartag - traders/punters are just driving the price crazy.
So, no harm whatsoever. Their money, their choice.
You probably spend hundred of manhours trying to FIGURE out if its a GOOD BUY or not. Other people just spend 1-2 hours to make more money than you spend your effort on analyzing some numbers.
in the end, if people wanna goreng, they will goreng whatever price that will make no SENSE to you.