The share price seemed to have been battered. It had dropped below IPO of HKD 3.15, and was close to its 52W Low of HKD 2.91.
I queued at 2.88 and got 3000 shares.
Financially it looks OK, but not great. This being a new F&B company in China though, I think it might have a bright future. Not very sure of what it sells but the website shows some decent looking products of milk tea, wines and snacks. Its all in Chinese so I cant read in detail.
P/E 13.6
P/B 2.0
NPmargin 6.3%
Quick ratio 1.3
Debt/Equity 0.56
Not sure how much the commision is but total transaction is RM3743.14
Taking the exchange rate of 0.43, total transcation is HKD 8705.
Meaning the commission is HKD65 = RM28
