Bad history sets bad reputation
1) poor management
2) delist years back which left many loyal investor burnt
3) product of focus is very diluted and does not have competitive edge
4) expand venture into China is a ticking time bomb
5) failure in managing FNB business
2) delist years back which left many loyal investor burnt
3) product of focus is very diluted and does not have competitive edge
4) expand venture into China is a ticking time bomb
5) failure in managing FNB business
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卫斯理传奇 : very true comments.
长牛2030 : why so many subscribe IPO ? I even not get any allocation.
102968657 OP 长牛2030 : 1) it's financially backed by institution which brings newly minted investor created last year to blindly enter
2) did not know about the awful past of the "M" family
3) "M" family happily cashing out from all who entered, current PE ratio is 24, this makes them happy.
102286982 : Rebounded after IPO stabilising manager bought back shares for 2nd straight day.