I have applied for a decent number of shares of the upcoming KIMLY GROUP IPO. It has been really some time since I applied for IPOs as I am very selective when it comes to an IPO. I know of quite a number of folks who apply for IPO on a “lottery” mentality, meaning to say they will sell the IPO stocks at a premium if the stock debuts much above the IPO price on the very first day of the stock’s IPO. For me, I treat IPO stock just like how I treat and select the current stocks. It is a business case for me, how the business model will pan out in the future and whether the model is a sustainable one. For Kimly Group IPO, I like the fact that Kimly is a defensive, recession-proof and cash generative business. One just need to take a peek outside ......