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Re: IPO Review: China Distance Education Holdings Limited

BIZABCS <biza...@gmail.com>

JM2C

The article you posted...
http://www.moneycurry.com/distance%20education%20holdings/distance%20...

what does it mean under the financials info mean when it states  "each
preferred share is expected to convert to 1.1514 ordinary/shares???

Does that mean the shares we would buy would be worth only 1.15???

Thanks for any input?
CoffeeBoy

chenjian...@hotmail.com wrote:
> PE is too high for DL.

> Don't jump in the boat and wait and see.

> New IPO is too risky,esp when the market like this.

> JM2C