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2061-2080 of 4996
Looks like today maybe got some pressure when CGX opens in SGX. Currently CGX in Korea.
ChinaGaoxian [950070]
- 6,080
-
Change
220
- %Change 3.49
| Opening | 6,300 | Foreign ratio | 7.26% | |
|---|---|---|---|---|
| High | 6,300 | Substitute | 4,900 | |
| Low | 5,360 | PER/PBR | / | |
| Total Market Cap. (Mil) |
182,400 | 52wks | High | |
| Low | ||||
ChinaGaoxian [950070]
- 5,740
-
Change 560
- %Change 8.89
top gem! rock solid financial gem
, unshakeable! 
, undeniable! 
gem of the year! opening px 50 cents!
load! load! load! top multi bagger! 
krx is here! krx is here! finally we going to show all stocks in sgx whats a gem is like today.
50 cents closing px is an under estimation! chart is showing uptrend! it is going rally! its going rally! prepare for wide wide upside ride!
Why it has all the factors to rally on the first week of trading and good for long term:
Gaoxian supplies to the domestic market in China which is a tremendous growth story and Gaoxian is an indirect play on retail consumption in China. Winner is going to be the one who is the biggest. And Gaoxian is the biggest. Intention to use the proceeds from the Korean dual listing to move upstream by creating its own PET chips supply in order to expand its profit margins. This vertical integration is a complicated endeavour but it’s a very good story. In all manufacturing companies, vertical integration is a very key point and a winner when you talk to institutional investors. At the end of the day, it’s about size and economies of scale.” Compared to its peers in Korea on a trailing 12-month basis, Gaoxian is heavily discounted by about 50% to its Korean comparables. About 4X for the institutional demand. Given the various investor concerns that I have mentioned, this 4X subscription rate is a good one. Morgan Stanley, Deutsche Bank and Nomura took up sizeable chunks of the deal … the majority were taken up by Korean institutions. load! load! load! load!
load! load! . load up before you are left out x 8008 times