During the IPO season Francis Gaskins, editor of IPOdesktop.com, regularly appears on CNBC TV, Bloomberg & other financial cable channels. On the day of the Visa IPO he appeared on four cable TV financial shows including Bloomberg & CNBC Over the past five years he has been quoted over... More
Financial highlights . Fast growth, relatively high P/E for the annualized six months ended June 30 . Revenue up 62% over the prior year, for the six months ended June 30, 2009 . After-tax income jumped 52% . After-tax profit margin was 35% . Post IPO CRIC will have $704mm in equity, no long term debt . All IPO proceeds go to the company to further the business. A good sign. No proceeds to payoff debt or to selling shareholders.
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China Real Estate Information Systems (CRIC) scheduled to price Oct 15 0 comments
. Fast growth, relatively high P/E for the annualized six months ended June 30
. Revenue up 62% over the prior year, for the six months ended June 30, 2009
. After-tax income jumped 52%
. After-tax profit margin was 35%
. Post IPO CRIC will have $704mm in equity, no long term debt
. All IPO proceeds go to the company to further the business. A good sign. No proceeds to payoff debt or to selling shareholders.
Read more in IPO report
http://www.gaskinsco.com/linkto-cric.shtml
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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