Shares & Derivatives
CMC Infocomm Limited
By Mr. IPO  •  August 6, 2015


CMC Infocomm Limited ("CMC" or the "Company") is offering 24m New Shares at $0.25 each. There will be 21.6m placement shares and a public tranche of 2.4m shares. The IPO will end on 12pm on 11 Aug 2015 and start trading on 13 Aug 2015. The market cap is around S$38m

The Company is a regional communications solutions and services provider with operations in Singapore, Thailand and the Philippines covering four main segments:
  1. In-Building Coverage
  2. Outdoor Construction
  3. Telecommunications Implementation
  4. Maintenance Services
Financial Performance


I am not privy to the projected performance for 2015. Assuming it makes a fully diluted EPS of around 0.36 cents, the PE ratio is still a very high double digit number > 40x.


I don't like the fact that the revenue is overly concentrated in M1.

What i like about the Company
  • It's a regional company with operations in higher growth countries ...
...
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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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