CORDLIFE GROUP

Gulu, it's undeniable they have declared 2 dividends soon after IPO. But can they sustain it?

If they cannot sustain it, why are they doing it like this? Macam trying to prop up the stock price. I am a little concerned.

Mummy, like i mentioned before in my 1st post, ' Mkt players take most new IPOs as a 1 week play. after that it takes time for the company to prove itself before it can gain the trust of the investment public '

Hey, is it true that the moratorium on share sale by pre-IPO investors is ending === soon?
Usually it's 6 months after IPO. Just checking, cos my kaki told me this morning

The IPO prospectus has the answers regarding moratorium after 1st day of listing (29 March 2012).

1. China Stem Cells (East) Company Limited which holds 24,366,666 Shares, representing 10.47% of our enlarged issued and paid-up share capital after the Invitation and after the exercise of the CBB Option ...... 6 months.

(6-month moratorium means up to end-Sept 29.)

2. China Cord Blood Corporation..... 6 months.

3. Each of our Directors, Dr Ho Choon Hou, Mr Yee Pinh Jeremy and Ms Jin Lu.... 6 months.

4. City Challenge Global Limited which will hold 21,800,000 Shares, representing 9.37%..... 12 months.

Typo  .... 6-month moratorium means up to end-Sept 2012, or Sept 29 this year.)

There's really no point speculating or 2nd guessing here. Why not get NextInsight to organize an investor day to see the management. Then, Mummy can ask the CEO all the questions.