Shares & Derivatives
Kimly IPO – Balloting Results
By A Path to Forever Financial Freedom (3Fs)  •  March 17, 2017
This is the balloting results of my previous write up here on the company.
 
Balloting Results
I applied for 101 lots but didn't manage to get any allocation at all. Turns out that balloting ratio was pretty decently spread out. 2 out 25 chances means a 8% chances of getting allocated. That's better chance than the previously hot IPO like Singapore O&G and SPH Reit. For everyone's information, Katrina (another recent F&B IPO) surged 82% on debut day so I'd expect Kimly to debut strongly the same at about 40 cents to 42 cents on the first day. I don't think I'll be giving a chase on this one. The meats are mostly gone at such hefty valuation. Congrats to the people who were allocated. My poor run on IPO continues...
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By A Path to Forever Financial Freedom (3Fs)
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