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stock symbol: ZTO IPO on thursday

Posted on 10/24/16 at 7:38 pm
Posted by FLObserver
Jacksonville
Member since Nov 2005
14438 posts
Posted on 10/24/16 at 7:38 pm
Thinking about buying a few shares.
ZTO Express (Cayman) generated $1.2 billion in revenue and $233.9 million in net income last year. 26,000 employees. Chinese company but logisitics in china is in its early stages.Delievers 96% of packages in china.
Could be a good one longterm. just wanted to see if anyone could offer their opionion.
This post was edited on 10/24/16 at 7:50 pm
Posted by TigersSEC2010
Warren, Michigan
Member since Jan 2010
37355 posts
Posted on 10/28/16 at 5:02 am to
This has been a major flop so far
Posted by bayoubengals88
LA
Member since Sep 2007
18883 posts
Posted on 10/28/16 at 8:24 am to
Hell of a time for an IPO...what the hell were they thinking.

1) a market that doesn't want to go any higher
2) It's fall
3) It's election time.
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