TP is set by them 0.40 (Road show - mean for book building). Read from forum some selling 0.25c (taking profit)

A more short/immediate term bet for punting is on China Gaoxian. quite safe at less then 0.50c (just my thot)

Short term betting. I won't bet on it, just my own opinion (Pending your risk appettie, managing risk & an understanding the value of investing).

Hope it help u make better decision. For long haul. I recommend STXOSV, New TP is set at $1.54c  

thk Qs...Ya. Zhixuen

zhixuen      ( Date: 02-Jan-2011 00:11) Posted: Sorry just my 2 cents.  I read from the announcement from Sunmart recently. It is going to issue 20000000 KDR. If the numbers of ordinary share ratio is same as Gaoxian 1:20 then 400 million new shares will be issued. after adding up 400 million new shares Sunmart PE already 14.5. If it will list at 0.40 that's mean the PE is 25.4 that's too high. The investors at Korea will purchase on IPO with such the high PE? Then very hard to attract the investors interest.  I don't know the exactly price for Sunmart but we can see the road show of IPO launching on next month 07 January. If the share price move stagnant then I believe the new IPO price will around this. Let see how far Sunmart will move.  Huat ar~~    teeth53      ( Date: 31-Dec-2010 22:17) Posted: Another counter going Korea way...expecting a listing at 0.40c (read from somewhere) Wishes all Sunmarterian supporters. A happy new year 2011  Will it be another China Gaoxian ??...Sunmart    Last:0.25   Vol:4438k    -0.0050

Any idea whether buying has started for this counter just like China Gaoxian?

Any good advice on the charting for this counter?

zhixuen      ( Date: 02-Jan-2011 00:11) Posted: Sorry just my 2 cents.  I read from the announcement from Sunmart recently. It is going to issue 20000000 KDR. If the numbers of ordinary share ratio is same as Gaoxian 1:20 then 400 million new shares will be issued. after adding up 400 million new shares Sunmart PE already 14.5. If it will list at 0.40 that's mean the PE is 25.4 that's too high. The investors at Korea will purchase on IPO with such the high PE? Then very hard to attract the investors interest.  I don't know the exactly price for Sunmart but we can see the road show of IPO launching on next month 07 January. If the share price move stagnant then I believe the new IPO price will around this. Let see how far Sunmart will move.  Huat ar~~    teeth53      ( Date: 31-Dec-2010 22:17) Posted: Another counter going Korea way...expecting a listing at 0.40c (read from somewhere) Wishes all Sunmarterian supporters. A happy new year 2011  Will it be another China Gaoxian ??...Sunmart    Last:0.25   Vol:4438k    -0.0050

Sorry just my 2 cents. 

I read from the announcement from Sunmart recently. It is going to issue 20000000 KDR.

If the numbers of ordinary share ratio is same as Gaoxian 1:20 then 400 million new shares will be issued.

after adding up 400 million new shares Sunmart PE already 14.5. If it will list at 0.40 that's mean the PE is 25.4 that's too high.

The investors at Korea will purchase on IPO with such the high PE? Then very hard to attract the investors interest. 

I don't know the exactly price for Sunmart but we can see the road show of IPO launching on next month 07 January. If the share price move stagnant then I believe the new IPO price will around this. Let see how far Sunmart will move. 

Huat ar~~   

teeth53      ( Date: 31-Dec-2010 22:17) Posted: Another counter going Korea way...expecting a listing at 0.40c (read from somewhere) Wishes all Sunmarterian supporters. A happy new year 2011  Will it be another China Gaoxian ??...Sunmart    Last:0.25   Vol:4438k    -0.0050

If the target price is $0.40, it will sound too good to miss. Then Sunmart should have more upside to go.

May grab a few lots on Mon if 0.25 is still available in the market.

Target is set by them at 0.40c. Read from forum some is seling at current px o.25c (taking profit)

A more short/immediate term bet for punting is on China Gaoxian. quite safe at less then 0.50c (just my thot)

http://sg.finance.yahoo.com/echarts?s=C2J.SI#symbol=c2j.si;range=1y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;

Pending your risk appettie, managing risk & an understanding the value of investing, hope above graph chart help.

Dual listing is the lastest crazy making money machine mend for punters to grace their turf. Target price for listing is always set by the owner and their BBs kakis,.

Hope it help u make better decision. For long haul. I recommend STXOSV, New TP is set at $1.54c  

Hi Teeth53,

Happy New Year to you!

What is the fair value of Sunmart? Is it a good price to go in now?

Any idea what is the listing price in Korea Exchange?

Thanks

teeth53      ( Date: 31-Dec-2010 22:20) Posted: IPO-ing. what U should look out for... teeth53      ( Date: 31-Dec-2010 22:17) Posted: Another counter going Korea way...expecting a listing at 0.40c (read from somewhere) Wishes all Sunmarterian supporters. A happy new year 2011  Will it be another China Gaoxian ??...Sunmart    Last:0.25   Vol:4438k    -0.0050

Yeah....realized that heavy selling down...Are the big boys running away?

It is good time for us to buy up? hahhahha