Sunday, October 31, 2004

Random Weekend Musings

ZHL SP: Hoped to keep track of the waste management firm after IPO but it rocketed on IPO debut - P/E of 15 [$0.30]. Surprised that investors was not adverse to the counter despite its field of business.

On this topic of staid industries and ticker names starting with "Z", would ZPI SP qualify?
ZPI SP is an agricultural equipment manufacturer in China. Is it a boring business? Maybe useful to recall the double digit growth "guaranteed" by its non-executive director prior to its IPO?

Red Star Portfolio Update: -1.25% [29 Oct 04]



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