However, I would not chase the stock purely because of its IPO popularity. FY2026 profit declined significantly despite an improvement in gross margin, so I want to see whether the company can convert its order book into sustainable earnings and stronger cash flow.
Personally, I would stay cautiously optimistic and monitor its post-listing price action before entering. An attractive IPO story is only the beginning; for me, long-term returns depend on earnings delivery and valuation. I prefer to buy based on business fundamentals rather than market hype. 📈
@TigerStars @Tiger_comments @Tiger_Earnings @TigerClub @SGX_Stars @Tiger_SG
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- quixzi·13:33IPO hype is just the intro. Gross margin up while FY2026 profit fell means cost control or one-offs need a closer look first.1Report
