View Poll Results: Will you buy ANTs?

Voters
21. You may not vote on this poll
  • Yes

    8 38.10%
  • No

    13 61.90%
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Will you buy ANT IPO?

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  1. #1

    Join Date
    Oct 2018
    Posts
    487

    Will you buy ANT IPO?

    According to the news, it seems to be 100 times oversubscribed (is that really so???), so the likelihood of the price dropping immediately seems very low. On the other hand, the price of stocks is dropping, the P/E is 38?? That's huge.

    I am considering buying it, maybe just for a quick exit with a 10-20-30% markup. Though if I get one lot and considering bank charges, it might not be worth it.

    I read the other thread, and it seems some people are buying it and some people not. I can't figure out what the majority feels about it. So the justification for this poll. Are you buying ANTs or not?


  2. #2

    Join Date
    Jan 2019
    Posts
    1,237

    Your possible return is higher with mark 6 than the ipo


  3. #3

    Join Date
    Mar 2010
    Posts
    6,745

    Buy a few good books about statistics instead

    mrgoodkat, mrgoodpants and sunyhk like this.

  4. #4

    Join Date
    Mar 2020
    Posts
    136

    Valued at around the same market cap as Mastercard.


  5. #5

    Join Date
    Sep 2018
    Location
    香港特别行政区
    Posts
    2,841

    The PE ratio is pretty standard for a Chinese tech stock. I've probably gained and been burned by an equal number of Chinese IPOs so will probably sit this one out.

    Usually if you are allotted the shares it's best to dump around midday. At least, that's the conventional wisdom.

    eightfivetwo likes this.

  6. #6

    Join Date
    Dec 2002
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    薄扶林
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    47,965

    What date do all the punters get back theor locked up cash?


  7. #7

    Join Date
    Dec 2017
    Location
    Central
    Posts
    272

    Will not as it's not worth, holding 2K shares in Tencent & 3.5K shares in Alipay since 2011. and prices didn't changed, only going down.


  8. #8

    Join Date
    Dec 2002
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    薄扶林
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    47,965
    Quote Originally Posted by resurection:
    Will not as it's not worth, holding 2K shares in Tencent & 3.5K shares in Alipay since 2011. and prices didn't changed, only going down.
    What exactly are you holding again?!?

  9. #9

    Join Date
    Apr 2012
    Location
    Hong Kong
    Posts
    2,267

    It is just another Chinese copy paste company. I would not touch it with a barge pole.


  10. #10

    Join Date
    Dec 2002
    Location
    薄扶林
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    47,965
    Quote Originally Posted by Plutark:
    It is just another Chinese copy paste company. I would not touch it with a barge pole.
    OK, it is a little bit more than that. Considering the number of transactions they can process per minute compared to Visa And MC.

    Say what you want... And regardless of how they got started (super interesting Chinese characteristics..) they have a huge advantage in a huge market.
    Kowloon72 likes this.

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