No fundamental justification for this price. PE : 20.48 , don’t like the debt level and people are just speculating the IPO will bring the price higher but financial engineering does not equate to fundamental improvement. Maybe looking to do short term trading at 0.72. If prices ever hit 0.60 again, I definitely will consider buy for investment after-all I do like chang beer business and they hold Frasers & F&N companies.
Abel's Investment Journal entry. 