What a Open sitting at $1.33 right now. Pepper's internal PE for 2016 is around 6.75 even cheaper than Kina's 7.5 PE These 2 are going to Standout for sure. Unreal I must admit. Kina has some sort of Country risk etc makes most of its money 75% or so from lending. Pepper has no sovereign risk really and priced at ridiculously low price of $2.60 when they were told that even $3.32 which they were going to go was cheap. Hard to believe Kina and Pepper listing at these cheap IPO prices. I think the market volatility and China and Greece actually helped Punters with these 2 being priced at a ridiculous low price. Cheers.
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Kina Securities Ipo, page-64
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