Search Results for: ipo

Comparison Between Singapore Listed REIT ETFs and Lion-Phillip S-REIT ETF IPO

Comparison Between Singapore Listed REIT ETFs and Lion-Phillip S-REIT ETF IPO by: Tam Ging Wien All examples and stocks quoted here in this article and on the ProButterflyTM site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial advisor. Asset management company Lion Global Investors...

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Why I Ask My Wife to Keep her Apac IPO Shares

“Couple of days before APAC Realty IPO” After writing the article on APAC Realty IPO, i applied for the shares and told my wife to do the same. The funny conversation goes like this: Wife: “Aiyah, I don’t wish to waste $2 again.” Me: “Wah lau, you can make it back multifold if you just get one Good IPO that increases in price during debut. And the odds are much better than Toto or 4D too.” Wife: “Sure good or not?” Me: “Ya, your husband is writing about the IPO now. Expert by your side but you don’t want...

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IPOing 101 – Share Application Rules

For the IPO newbies, i have previously written a few articles that may still be relevant and for your benefit, i am posting the links here.   IPOing 101 – How to apply for IPO shares How to increasing probability of getting IPO shares from the public tranche How to lay your hands on placement shares Even though these articles were written in 2007 (wow more than 10 years ago 🙂), I took a quick glance and think that they are still applicable. Please let me know if you spot any mistakes. 😂   Having said that, I am still learning new...

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The Who’s Who of the Razer IPO

by: Tam Ging Wien – A Glimpse into the Interconnected World of the Wealthy Asian Elites All examples and stocks quoted here in this article and on the ProButterflyTM site are for learning purposes; it does NOT constitute a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence. If in any doubt about the investment action you should take, you should consult a professional certified financial advisor. Razer Inc has been garnering a lot of attention lately. In July 2017 news broke...

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Cromwell Suspends CEREIT’s IPO

by: Tam Ging Wien 2nd Largest IPO in Singapore for 2017 On-Hold All examples and stocks quoted here in this article and on the ProButterflyTM site are for learning purposes; it does NOT constitute a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence. If in any doubt about the investment action you should take, you should consult a professional certified financial advisor. In a surprising turn of events, Australian real estate investment manager Cromwell Property Group (Cromwell) has put on-hold the...

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All You Need to Know About APAC (ERA) Realty IPO in 10 Minutes

APAC (ERA) Realty, one of Singapore’s largest real estate agencies, is soon to be listed on the SGX mainboard after delisting in November 2012. Here is a quick glance into the details of the IPO: 48.9 million shares will be issued, comprising of 4,411,000 Public Offer Shares and 44,503,200 Placement Shares Public offer open on 21 Sept, 9pm and close on 26 Sept, 12pm Offer price will be 66 Singapore cents 39.3 million shares snapped up by cornerstone investors such as FIL Investment Management (Hong Kong), Qilin Asset Management, Asdew Acquisitions and Azure Capital. Attached is the IPO prospectus...

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Cromwell European REIT cuts IPO size.

Earlier this month, when I blogged about Cromwell European REIT, I mentioned that the sponsor, post IPO, would be holding a rather smallish stake in the REIT. To me, it seems as if the REIT is a place for the sponsor to dump their rojak portfolio. “It gives me the feeling that the sponsor wants to dump everything into a pot and be done with it.” (See related post at the end of this blog.) Well, things have changed. I don’t know why but it seems that they have decided to shrink the size of the IPO and the sponsor...

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Analysis of Cromwell European REIT IPO

by: Tam Ging Wien – High Yielding Mature REIT All examples and stocks quoted here in this article and on the ProButterflyTM site are for learning purposes; it does NOT constitute a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence. If in any doubt about the investment action you should take, you should consult a professional certified financial advisor. Update [2017-09-19]: A new article published on the The Straits Times entitled Cromwell REIT cuts IPO size and increases the sponsor’s stake which...

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Timing (TalkMed and Chipotle Mexican Grill)

Maybe the title shall be mistiming. I have a long history of having a bad timing in buying shares. I was reading the recent article in the Sunday Times (see below). The best investors sit on plenty of cash (read here) One statement resonates deeply with me: “But holding cash can be very painful financially since it earns me virtually nothing.” It doesn’t help when you read about others with much bigger portfolio (heavily invested) in the upmarket reaping record high dividends. On track for their yearly dividend payout target. Somehow, the notion of a sharp market downturn does...

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Cromwell European REIT IPO.

Cromwell European REIT is a mega IPO that will raise S$ 2 billion. I looked at the distribution yield first. 7.5% (@ 57 euro cent per unit) to 7.7% (@ 55 euro cents per unit). Then, I looked at the gearing level. 34.3% to 36.6%. It would have been better if it were below 30% but it is not excessive. Then, I do what I do pretty often which is to compare with other REITs in the same sector. Alamak. This is where the problem lies. This REIT has a rojak portfolio of 81 retail, office and light industrial properties...

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PE Moving On To Pre-IPO; TTI’s Projected Returns: 1,000% Within 10 years.

As usual, I’d start off with some non investment related stuff first. First up, for those who have emailed me for complimentary tickets to SGX Bull Charge, please be patient, I’ve just submitted your contacts, SGX will contact you guys directly via email. I’ve given out, I think 7 or 8 entries, so there’s still 2 more if anyone wants them. A couple of weeks ago, someone showed me this: http://happinessnotebook.com/finding-happiness-against-the-odds/ It’s a really heart warming video about this guy who has survived and even thrived against all odds. The world is an unfair place, we are all born...

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REIT IPO – Cromwell European REIT

24 Aug 2017: CROMWELL European Real Estate Investment Trust (Cereit), a Singapore Reit with portfolio of assets in Europe, has received an Eligibility-to-List (ETL) nod from the Singapore Exchange for its estimated one billion euros (S$1.6 billion) initial public offering (IPO). SGX has issued Cromwell with its Eligibility-To-List with regard to its IPO. Listing is expected to commence at end-September 2017. Cromwell European REIT (CEREIT) Australia-listed Cromwell Property Group’s REIT IPO will comprise of European office properties As of 31 December 2016, Cromwell posted a market capitalization of $1.7billion and total assets under management of $9.8 billion across Australia,...

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An IPO for an IPO in the Philippines?

Reader: Recently i come across an interesting pre-ipo for Philippines REIT during their roadshow at Raffles place. This company acquires residential property from Singaporean whom has property in Philippines. In exchange for the property they would issue preference share equivalent to the property price. They only acquire those property which is ready and fully paid. Thereafter they will just refurbish and rent/lease out for short term and long term stay. Short term would be those Air Bnb or tourist type. Long term would be expat or local people who is working near CBD area. So far they had acquired...

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An Evening with Mr. IPO – 17 Nov 2017

It is my pleasure to invite you to spend an evening with Mr. IPO…. 😋… Ok the subject header is misleading but the storyline goes like this… Mr. IPO has been invited by SGX to help promote SGX 🐂 Bull Charge 2017 among its legions of fans  where SGX will sponsor 10 lucky readers to run beside Mr. IPO for the 5km Mass Run (yes, it’s complimentary like the free Sambal Chillies he dishes out. 😎). Unfortunately, Mr IPO may have to put on a disguise 👹 due to the number of corporate titans that he has offended, especially from CEOs that...

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IPO : Tell Me A Story

This year should be a good year for SGX as we have seen many  IPOs in first half of 2017 and as for retail investors , many  should be excited busy pressing button at ATM to apply for the IPOs ,expecting to have some quick bucks if successfully being  allocated with some share. The latest one will be the hottest in the market of “NetLink Trust “ which expected to raise up to $2.6 Bil from the IPO ( detail here ). In such a bullish market , one should expect to at least “ get something “ from the IPOs if they successfully applied for it .  Below quote...

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