If their IPO will be priced using these super results, the question is can they keep this up? I'd price it using 2011 and 2012 as reference points. 2014 has been flat now going into Q2.
IPOs have evaporated for a long time. When they return in droves that's when to buy like mad. But don't forget, IPO frenzy (this is where wanjikus join the party en mass) usual mark a sizable selling bout period when the bullish madness hits a brick wall.
For this index counter, the bear-bull cycle timing will be key. I hope short sell comes soon. Will be a nice short when the bear strikes.
http://mobile.nation.co....l/-/lu2ydqz/-/index.html$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!