Search Results for: ipo

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….Ā šŸ˜‹…Ā Ok the subject header is misleading but the storyline goes like this… Mr. IPO has been invited by SGX to help promote SGX šŸ‚Ā Bull Charge 2017 among its legions of fans Ā 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. šŸ˜Ž). Unfortunately, Mr IPO may have to put on a disguise šŸ‘¹ 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 forĀ SGXĀ as we have seen many Ā IPOsĀ in first half ofĀ 2017Ā and as for retail investors , many Ā should be excited busy pressing button at ATM to apply for the IPOs ,expecting to have someĀ quick bucksĀ if successfully being Ā allocated with some share. The latest one will be the hottest in the market ofĀ ā€œNetLink TrustĀ ā€œ which expected to raise up to $2.6 Bil from the IPO ( detailĀ hereĀ ). In such a bullish market , one should expect to at least ā€œ get something ā€œ from the IPOs if they successfully applied for it .Ā  Below quote...

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Just Another Netlink Trust IPO Analysis

This is one of the biggest IPO in recent years and by now there are many articles written about it. You can refer to these articles instead (if you have not), they definitely write and analyze better than me: 1. One cannot make a decision on IPO without Mr. IPO’s chili ratings –Ā Netlink NBN Trust (Update) 2. SmallCapAsia –Ā NetLink Trust IPO: All You Need to Know About It In 10 Minutes 3. Investment Moat –Ā The NetLink Trust IPO ā€“ A Good 5% Dividend Yield Stock to Hold? 4. SG Budget Babe –Ā IPO Analysis: NetLink Trust So the question is...

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My "Strategy" for Netlink Trust IPO

I gave a one chilli rating for Netlink NBN Trust IPO this week. The write up is here. Business Trusts haven’t done as well as REITs in general in SingaporešŸ¤”  – probably because Business Trust started on a wrong foot and left a bad taste on investors. The first business trust to be listed was First Ship Least Trust and that left a very sour taste on investors as evidenced by the -19% since listing (ouch! see table compiled by Edge below).  The Edge compiled a list of Business Trusts performance and those that performed well are “real-estate” linked...

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Netlink NBN Trust IPO and War For The Planet Of The Apes

In about two days’ time, we will know the ballot result of the biggest IPO in the recent years, Netlink NBN Trust. So far, it attracted mixedĀ response among the retail investors. Some view it as too expensive, some say that it has limited growth potential, while others think that there are other counters (especially REITs) can provide better dividend yield than this. On the other hand, some waited for this IPO for quite some time and since it’s priced at a lower end of the initial indicated Price Range, it might be a great opportunity to try their luck...

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IPO Analysis: Union Gas Holdings

Wow this has been a pretty busy season for IPOs thus far.Ā The newest player to join the game is Union Gas Holdings, which will be listed on the Catalist Board.Ā But before we delve into the analysis, let’s take a look at how the recent IPOs fared. Company / Stock IPO Price Current Price Gain / Loss Sanli Environmental $0.225 $0.335 +48.9% World Class Global $0.26 $0.26 0% HRnetGroup $0.90 $0.84 -6% NetLink $0.81 ? ? Union Gas Holdings $0.25 ? ? Details: – 60 million shares for offer at $0.25 each – 1.28 million public tranche – IPO closes...

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Will IPO Make Money – IPO Analysis for the Last 3 Years

KPO recently met up with a group of friends. We are all working for different companies now and 1 of them works in SGX. I laughed at him claiming that he is one of the directors for those companies cause I haveĀ seen him appearing at IPO events, taking photos, etc on the SGX FB page –Ā SGX | My Gateway. He then made an interesting comment stating that all IPO will makeĀ money (sell on the opening day). How true is it? KPO went to SGX website and found aĀ pageĀ where past performances of the IPOs are being tracked! Unfortunately, SGX only...

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UNION GAS IPO: WILL YOU APPLY NOW?

UNION GAS launched its IPO on 13 Jul 2017. The IPO price of UNION GAS is 25 cents per share. There will be in total 60 million UNION GAS shares: 30 million new shares and the remaining 30 million shares are vendor shares. Do you know of these 60 million shares, how many will be offered to the public? The answer is 1.28 million shares or just around 2.13% of the total number of shares. As its name implies, no need to guess (pun 100% intended), the business of UNION GAS is gas. Under Union Gas Holdings, there is...

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Netlink Trust IPO – who benefits the most?

If you answered Singtel shareholders… Not bad. You close. Big daddy lah! Or to be precise, Temasek. Smart people. Perspective from not bei kambing retail investor Ā  Those of us who have core holdings that we’ve owned for ages. Would you sell 75% of a stock that’s still growing, performing, and giving you good dividends? You only do so when the reasons you bought have changed. Or the valuations have gotten a bit “rich”. You take some money off the table… (risk management, re-balancing that sort of stuff) Talking about risk management. If you have taken too much debt/leverage...

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IPO Analysis: NetLink Trust

I was alerted to NetLink’s IPO by my broker, who contacted me two weeks ago to offer private placement shares. The IPO officially opens tomorrow for public subscription, and there’s been a lot of media hype over what is being said to be the year’s “biggest IPO”. I’ve started analysing the IPO prospectus last week but sat on this post for the longest time because its insanely verbose and boring 516 pages put me to sleep on a few occasions -.-Sorry to everyone who has been waiting! Without further ado, here’s my take.Details:– 2.89 billion shares for offer at $0.81...

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Netlink NBN Trust IPO – The Fibre of Smart Nation

Singtel has filed a preliminary prospectus to list one of its associates, Netlink NBN Trust to list on the Singapore Exchange. They were given a deadline by the IMDA to spin off their infrastructure division but still held 24.99% unitholding of the Trust after the offering. There is a book-building process which will determine the offering price between the range of $0.80 (minimum) to $0.93 (maximum). This will be huge because we are talking about a potential market cap size of between $3,091.2m (based on minimum offering price) to $3,593.5m (based on maximum offering price). Business Overview The Trust...

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HNA Commercial REIT – Another Upcoming Monster Size IPO

While everyone are buzzing around the upcoming monster IPO next Month (July 2017), Netlink Trust, do you know that there is another potential monster size IPO in 2017? It’s HNA Commercial REIT. While it is still too early to provide the exact details, here are some known information of HNA Commercial REIT: Estimated Issue Size : $$775 millions Estimated Market Capitalization : S$780 millions to S$800 millions REIT Manager : HNA-A EP REIT Management (Shenzen listed HNA Investment Group has 75% stake) in partnership with Singapore-based property fund management firm AEP Investment Management. Estimated gearing : 28.6% Portfolio: 5...

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NETLINK TRUST IPO and STI

Based on the closing prices of stocks yesterday, the following are the list of overbought and oversold Singapore stocks. Overbought Singapore stocks Singtel Oversold Singapore stocks ComfortDelgo Genting Singapore HongKong Land Looking at the results above, I believe Singtel could have been overbought due to the investorsā€™ hype over Netlink Trust, which is tipped to be the largest local stock listing here since Hutchinson Port Holdings Trust. However, to me, while the listing of IPO of a significant size in Singapore will be good for the local bourse in terms of track record, especially when it comes to attracting...

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The NetLink Trust IPO ā€“ A Good 5% Dividend Yield Stock to Hold?

Our biggest telecom operator Singtel decides to spin off their infrastructure subsidiary NetLink in probably one of the biggest IPO this year. Singtelā€™s parent Temasek Holdings, was given a deadline of April 2018 to reduce its interest in NetLink by the Infocomm Develeopment Authority. IPO is an opportunity for you to play a pseudo lottery when you have a better odds than TOTO and 4D (well sometimes). However, there may be some gems that you could buy and hold on to for some time. We can recall stocks like Sarine, Suntec, Jumbo for example, that falls into this group....

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