In an earlier post, I blogged about the current IPO stock SANLI (you can read the post here: ). Though I know from previous experience that successfully getting an IPO stock from subscription is not easy, today, after much analysis into this IPO stock, I decided to subscribe for it. I know that I will forfeit $2 if my subscription is not successful; but I just want to have a try at it. The reason of my subscription is simple. Water is a basic necessity and SANLI has a number of projects with PUB, out National Water Agency; even if that itself might be an investment risk (since 99% of SANLI’s revenue come from PUB’s contracts), that might itself be a strength of SANLI too as it has built up a track record overtime. Singapore’s population will only increase; the demand of water treatment here can only grow. Seen ......