In addition, we must note that the CTOS IPO offering was on the higher end of the valuation (45 times the price earnings ratio or PER). CTOS in itself is a household name as most of our financial data is readily available or compiled by CTOS. Through the IPO, Creador offered 720 million shares (36%) for sale via the listing exercise. Until then, retail investors have every right to be prudent and not blindly follow the herd no matter how fantastic the story may be. Even though personally I am positive on CTOS, I believe retail investors must always do more homework to make an informed decision.

Source: The Star July 24, 2021 01:30 UTC