Shares & Derivatives
My good luck in Hutchinson Port Holdings (HPH) IPO Balloting Results
By Investment Moats  •  March 18, 2011
I blogged about the possibility of applying for this IPO some time ago on Investment Moats. And I did applied. I am aware that the sentiments are lukewarm about this IPO at that time and they even tried to spread a rumor that it is so popular that it will close one day earlier. But never in my wildest dreams would I expect the result. Here is the balloting results: My good luck in Hutchinson Port Holdings (HPH) IPO Balloting Results hph%20holdings%20balloting%20results Basically, what this means is that EVERYONE that subscribes gets it. Drizzt subscribed 11 lots. Drizzt got 8 lots! Now you might think that is darn good. This is after-all the biggest IPO since Singtel IPO. But I have a very bad feeling about this. Since when did you have an IPO where you get almost 80% of what you subscribed! It is beyond my belief and really I was expecting that I get only 1-2 lots. now I have ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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