Wo Wo Group Listed Investors Are Not Highly Recognized.

　　 Wo Wo Group listing The business model has not been endorsed by US investors and the financial situation is very bad. Many institutional investors have said that Wo Wo Group does not have the potential of dark horse, because it does not have irreplaceable nature, nor can it have strong performance growth in the near future.

Wo Wo Group, which failed to hit the market many times, finally landed on NASDAQ yesterday evening. However, on the day of the general rise in the US stock market, Wo Wo Group dropped its issue price several times in the intraday market.

April 8th US stock At the end of the opening session, the number of stocks in the poly era, 360, jumei.com and other stocks rose by more than 10%. Air Media also set a record of 43% rise. In contrast to the generally rising stock price, Wo Wo Group's issue price was $10, which broke rapidly after opening for 11.63 dollars, and the lowest price in the intraday market was 9.64 yuan.

Subsequently, we linked with many institutional investors on the first day of Wo Wo Group's breakout. The consistent feedback is that Wo Wo Group's business model has not been recognized by US investors. Although it has barely listed, it is not optimistic about the future. The key messages we know are:

1, at present, investors in the US stock market are mainly divided into two categories, one is the institutional investors in the US, and the second is the institutional investors from China. The former does not approve of Wo Wo Group's business mode and prospects, while the latter is still sceptical about Wo Wo Group's current revenue and market share. Data show that at present, Wo Wo Group's share in the domestic group buying website has dropped out of the top three, which has led to the coldness of institutional investors in China and the us regarding Wo Wo Group IPO.

2, an underwriter close to Wo Wo Group has revealed that after having been in contact with Wo Wo Group for nearly half a year, its agencies eventually abandoned the agency's listing plan because its financial situation was very bad. Pushing IPO forward could affect the integrity of its institutions, and a person who declined to be named by Credit Suisse also expressed similar views. Public information shows that many brokerages such as Credit Suisse had refused to act as agent Wo Wo Group IPO.

3, this time Wototuan The first part of the domestic O2O concept is listed on the Nasdaq, but the prospectus data show that in the first 9 months of 2014, Wo Wo Group accounted for only 35% of the total revenue in O2O, which means that Wo Wo Group's concept of O2O wrapped up has not yet touched investors. Instead, a large number of investors have suspected it because of the small proportion of O2O's income.

Foreground geometry after [IPO?]

In the past, the stock price of the stock market has been plummeted in the early days of listing, but it has finally become a dark horse case. For example, the gathering era and vip.com are typical cases. Then Wo Wo Group may become another gathering era or vip.com? There are several main reasons:

1, no matter whether vip.com is still in the gathering era, several prerequisites for the sharp rise of stock prices in the later period are that the reunion era is the undisputed leader in the real show field, and vip.com has made up for the blank and insufficiency of Taobao in the field of electricity supplier. These companies are not substitutable in their respective fields.

2, although these stocks were chosen to be listed on the market in the early days of the dark horse, investors' attention was aroused by the strong growth of their performance in about half a year.

3, regardless of the age of gathering or vip.com, in the early days of IPO, they were competing for IPO by many underwriters.

In contrast, Wo Wo Group does not have the above three big dark horse conditions, so Wo Wo Group can not copy the trend of vip.com or reunion era.