Replying to Avatar SunnyMoo

Today's Quote for a stock in SET

“closed at $1.19 per share. Weighing the evidence objectively, the intelligent investor should conclude that IPO does not stand only for “initial public offering.”

More accurately, it is also shorthand for: It’s Probably Overpriced, Imaginary Profits Only, Insiders’ Private Opportunity, or Idiotic, Preposterous, and Outrageous.”

― Benjamin Graham, The Intelligent Investor

#SET #IPO #stock
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เอดูดาว 2y ago

Sell ATO is a good choice for IPO stocks :)

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SunnyMoo 2y ago

Some of them can not climb up to their IPO's price. 😭

It's a sad story for me that the regulator do not account anything but only interest to increase number of stocks in the market.

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เอดูดาว 2y ago

P/E ratio of 35 for IPO price is very high :)

I agree with your opinion that SEC only concern on numbers of listed stocks not the quality one ...