OverViewer, great DD analysis on ICAB
You very well may be right
My brief take on ICAB is surely less well researched than your's , yet...In response to question that was posed to me by DlphcOrcl, i do not want to imply ICAB does not have potential.
I am simply watching market sentiment mainly on these IPO plays going into the end of QP. LT ICAB, sure enough, fundamentally looks like the choice, yet look at the run on KOREA look at the lack of run for ICAB. Talking of valuations look at SIFY even weaker fundamentals than ICAB, yet look at the street buzz, look at the press releases, look at the price, up $110+ from my original rec. on this board a few weeks ago.
My statement on limited market...HK is an Island. Korea is a bigger market. India and growth potential is HUGE. It's all about potential and growth of the market. How many customers fit on an island?
Sometimes, ...black is white and white is black with these ipo's. I still see no substantial near term price blast off in ICAB like we have seen in SIFY and KOREA (nearing an end imho) or TRRA (just beginning). Much of what I am calling here is based on intuition, volume analysis , "street buzz" and TA.
Thanks, good luck.
Kaliico
picks ; SQST RETK BFRE TRRA KQIP |
