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Angel of Time (6699) rose more than times in the dark market, Nie Sir taught the deployment of the out-of-stock roar at this price

2021-06-17T23:04:01.200Z


Time Angel (6699) will be listed tomorrow (16th). The public offering of this stock is over-subscribed by more than 2,078 times, which can be described as "a stock hard to find." The performance of the dark market did not disappoint retail investors, which was once higher than the offer price ($173)


Financial News

Written by: Liang Cuili

2021-06-15 17:56

Last update date: 2021-06-15 18:11

Time Angel (6699) will be listed tomorrow (16th). The public offering of this stock is over-subscribed by more than 2,078 times, which can be described as "a stock hard to find."

The performance of the dark market did not disappoint retail investors. At one time, it was nearly 143% higher than the IPO price (RMB173), and reported at RMB419.8, earning RMB49,360 from a lot of 200 shares.

Some analysts believe that if Angel of Time can close at more than 300 yuan in the dark market today, it will have a high chance to open higher tomorrow, but the upward trend will still be affected by the market's performance.

The first listing performance still hopes the atmosphere of the market

Regarding the stock price forecast at the initial stage of listing, Nie Sir expressed optimism, "Most listed companies will issue about 250 million shares, and Times Angel even exercises over-allotment rights and less than 20 million shares. The size of the IPO is smaller than conventional, so it is more difficult for large investors. Therefore, when retail investors sell goods, there are also large ones who receive the goods, which is conducive to stabilizing the performance of the stock price. And the strong holding capacity of the large investors gives the stock price a relatively high chance of rising."

As of 5:50 in the evening, according to Phillip's offer, Angel of Time had reported 370 yuan in the dark.

Nie Sir said that if the dark market closes above 300 yuan today, the chance that the price will rise above 300 yuan tomorrow is expected to be very high. However, he said that he should pay attention to the trend of the HSI when listing tomorrow. At 200 points, Angel Times has a good chance to open higher and lower lower. The price of the correction is between 260 and 270 yuan. It is recommended that buyers consider selling above 300 yuan; but if the market atmosphere is good, you can wait for 330 to 350 Yuan is only put on sale."

Short-term investors should roar 230 yuan to enter the market

Nie Sir also suggested that buyers who are optimistic about the prospects of Time Angel's invisible orthodontics business can enter the market at about 260 yuan, as for short-term investors, they can buy at about 230 yuan, and they can buy at the level of 250 to 260 yuan.

Nie Sir expressed his tendency to be optimistic about the future performance of Time Angel. Calculated based on the 82% market share occupied by the two leading companies in its business, Time Angel has already accounted for 41%. It is an oligopoly and almost dominates the entire market.

In addition, it will increase by 1.2 times year-on-year in 2020, reflecting the huge market demand for the company's products, and there will still be great advantages in the next few years.

The adjusted net profit of Time Angel last year reached 227 million yuan (RMB, the same below), an increase of 74.8% year-on-year; the company's revenue was 817 million yuan, an increase of 26.4% year-on-year.

IPO new shares Hong Kong stock market

Source: hk1

All news articles on 2021-06-17

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