$E-STAR CM(06668)$IPO price of

2021-01-26

$E-STAR CM(06668)$IPO price of $3.86 based on 2019 earning had a PE of 45. Grey market closing price of $4.40 had a PE of 52. 1st day closing price of $4 is still high with a PE of 47. I think the realistic PE should be around 40 unless 2020 earning is going to increase by 50% YOY.

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