First of all, this is not an Oil & Gas stock... instead its a healthcare play. LOL



 Singapore O&G Limited




To be honest I have no medical knowledge and I am very unfamiliar with the healthcare industry. What I do know is that anything medical or healthcare related is very hot now, as we have stocks like raffles medical group trading at over 30 times earnings.

The IPO price is 25 cents


 It will close on 2nd June and will start trading on 4th june thursday.


Financial wise, earnings have been on a uptrend as their business seems to be growing well due to the encouragement and subsidies from the government. This business also seems to generate a very fat margin of over 35%! I see this business having a wide moat as well as a decent growth rate, maybe 10-20% over the new few years.



At an IPO price ......