IPO Review
IPO: China Sports
Sunday, July 15th, 2007There is a new IPO, China Sports International, to be listed tomorrow.
China Sports International runs a sports brand, Yeli. Putting it side by side to China Hong Xing, its largely a smaller company, with revenue 1/2 that of China Hong Xing in 2006.
Review: SunVic
Tuesday, February 6th, 2007SunVic made a extremely impressive debut. Looks like the market is bullish about SunVic’s potential. Its is however my opinion that this stock is over hyped, and over priced in a long run. With a poor showing in 1H 06, one must not forget a possible poor showing in FY06. That might cause shareholders to […]
Review: IPO SunVic Chemical
Saturday, February 3rd, 2007In the recent “Edge”, SunVic was hailed as an IPO that would open at $0.60 on day 1 of trading. Thats 100% gain from its IPO of $0.30. But here is why i think China Farm is a better choice over SunVic.
From their prospectus, you can see that from FY03 to FY05, the company’s profits […]
Buy: IPO China Farm
Thursday, February 1st, 2007As the name suggests, China Farm is a farm equipment supplier to farms, in China. They produce harvesters and plough machines (bye bye bulls hello stock bull), and they produce diesel engines for various uses, including in their own product.
In terms of prospects, there is lots. Looking back that the industrial age in USA, farms […]