Shares & Derivatives
Capital Preservation Mode
By Mr. IPO  •  May 29, 2013
Today i am in a capital preservation mode.

I just counted my lucky stars for getting out of Asian Pay Television Trust safely. Despite my own initial "chopped chilli" rating, i was swayed by the somewhat "improved sentiments" and decide to "punt" the IPO and against all odds, actually managed to get 36 lots from ATM and amazingly i actually got out for a small profit of ~$1,060. 

I am quite glad that my decision to punt the IPO didn't affect the majority of the readers since i made up my mind only about 1hr before the application closes. On hindsight, the risk reward is just not worth the effort and i should not have done this. I should just have told my broker to allocate my 1 lot from placement to someone else. Having said that, if the price has opened below water, i ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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