Search Results for: ipo

Significant Expansion of Singapore’s Coal Mining Stocks

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The number & combined market cap of SGX listed stocks focused on thermal coal mining in Indonesia has grown fourfold over the past three years. Following Geo Energy’s listing in 2012, three RTOs have seen Resources Prima Group, BlackGold Natural Resources and Golden Energy and Resources list on SGX. Two of these four stocks - Geo Energy Resources & BlackGold Natural Resources - have … [Read more...]

KIMLY STOCK: WILL YOU BUY NOW?

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I was having my instant coffee as shared in my earlier post when I saw Kimly Group stock, as expected defied gravity and shot to an high of $0.55 from an IPO price of $0.25. At that instant, the coffee in my mouth also shot through too. Kimly Group stock finally closed a little lower at $0.44 per share though it was still a stellar 76% rally in IPO stock price. Kimly IPO reminded me of a recent … [Read more...]

KIMLY STOCK: WILL YOU BUY NOW?

I was having my instant coffee as shared in my earlier post when I saw Kimly Group stock, as expected defied gravity and shot to an high of $0.55 from an IPO price of $0.25. At that instant, the coffee in my mouth also shot through too. Kimly Group stock finally closed a little lower at $0.44 per share though it was still a stellar 76% rally in IPO stock price. Kimly IPO reminded me of a recent … [Read more...]

THREE STOCKS INVESTORS MUST KNOW BEFORE SG MARKETS OPEN

Before the local Singapore stocks market opens on 20 Mar 2017, these are the two stocks which investors must know: 1) Kimly Group stock Kimly Group stock is making a debut on the Singapore stocks markets. The coffee-shop operator stock is the first stock of such a nature to be listed on the local bourse. Kimly Group stock IPO is around 8.3 oversubscribed and this points to the strong demand … [Read more...]

KIMLY IPO: how does it go for TOM K?

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Dear readers, as you would have most probably known by now; Kimly IPO subscription ended yesterday 17 Mar 2017 at 12pm and the IPO was oversubscribed by more than 8 times. As shared earlier in my blog post on Kimly IPO (you can refer to the post here); Kimly IPO is widely expected, due to its defensive business model, to debut strongly on its first day of trading next Monday; as a result it is … [Read more...]

A tech bubble in the making?

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Seriously? Snapchat (SNAP) IPO had a market cap of US$24billion with a share price of $17 per share. This IPO seriously looks like a huge speculation gamble coupled with miraculous expectations that the company will somehow generate a profitable net income after 2 years of net losses. That’s right… SNAP has had increasing net losses of US$373 million in 2015 and US$515 million in 2016 … [Read more...]

Kimly Limited – Balloting Results

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  Kimly announced that its IPO of 173.8m shares were collectively 8.3x subscribed on an overall basis. My back of envelope computation showed that the public tranche was 336x subscribed. For investors who applied for the public tranche, the balloting table is presented below: Investors who applied for 100k shares will have a 2:25 chance of getting 6,000 shares. The insiders, … [Read more...]

OUE C-REIT will see DPU declining.

Back in 2014, when OUE C-REIT had its IPO, I warned that its gearing was too high and its distribution yield (which was financially engineered to be higher through income support given by the sponsor) was too low given its IPO price of 80c a unit. The IPO was a good deal for OUE Limited. Cheers!  Investing in REITs, we should be prepared for fund raising because they distribute most of their … [Read more...]

Kimly IPO – The Complete Resources

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By now, I am pretty sure that most of the retail investors know that the upcoming IPO in Singapore is non-other than the home-grown traditional coffee shop, Kimly Limited (金味). Everyone are excited about it! Or is it? Anyway, following are some of the gist of Kimly's IPO: Company                 : Kimly Limited IPO Price                 : $0.25 per share Size of IPO Shares  : 3.8 … [Read more...]

KPO’s Virgin IPO (Kimly) After 4 Years!

I have never participated in any IPO after investing for 3/4 years. The reason is because one cannot do that with SCB and I have been trying to resist all temptations in order to accumulate all my investment in one account. I no longer need to do that as I have achieved that goal last month! I am sure by now everyone is familiar with our (SGX) very first kopi-tiam (it means coffee shop in … [Read more...]

KIMLY IPO

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I have applied for a decent number of shares of the upcoming KIMLY GROUP IPO. It has been really some time since I applied for IPOs as I am very selective when it comes to an IPO. I know of quite a number of folks who apply for IPO on a “lottery” mentality, meaning to say they will sell the IPO stocks at a premium if the stock debuts much above the IPO price on the very first day of the stock’s … [Read more...]

NikkoAM-StraitsTrading ex-Japan REIT ETF or "AK REIT ETF"?

I am feeling lazy, as always, and didn't want to write about the new REIT ETF but I received so many messages that I decided, maybe, I should say something. I didn't want to blog about the ETF because it is easy enough to understand. It will hold a basket of REITs, 23 to be exact, from countries such as Singapore, Hong Kong and Malaysia. It will distribute income quarterly and the distribution … [Read more...]

Kimly Limited

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Kimly Limited ("Kimly" or the "Company") is offering 173.8m shares at $0.25 each for which 170m shares is via placement and 3.8m shares via a public offering for a listing on Catalist. The offer will close on 16 March 2017 at 12pm and trading will start on 20 March 2017. The market cap based on the IPO price is S$288.7m. Principal Activities Kimly is the largest traditional coffee shop … [Read more...]

KIMLY GROUP IPO: SHOULD YOU APPLY?

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KIMLY GROUP IPO is the latest IPO for the Singapore stocks market. KIMLY GROUP IPO comes at the time when the Singapore stocks markets are behaving in a non-bullish manner after a great performance in January and February of the year. I believe Kimly GROUP IPO will be closely scrutinized by retail investors as investment ideas seem to dry from the current stocks markets. KIMLY GROUP is a … [Read more...]

Kimly Limited IPO – Should You Be Getting This?

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There's a new IPO in town and it's not any stranger to most neighborhood folks who have heard of the brand. Kimly Limited is inviting man on the street to become part of the shareholders by opening a total of 173,800,000 new shares which comprises of 170,000,000 placement and 3,800,000 public tranche at an offer of $0.25 for each share. Indicative Timetable About The … [Read more...]

Kimly IPO – Exciting Stuff?

(you may find the IPO prospectus here. in this post, I list some of my thoughts on the IPO) About Kimly Kimly has a total of 64 food outlets, including 56 coffee shops, 3 industrial canteens and 5 food courts. They claim to own a 5.8% market share in Singapore's food outlets as of 30th September. Apart from being a master leaseholder, Kimly also operates 121 food stalls and a Central … [Read more...]

$0.365 Cash Offer For GP Hotels Shares – Koh Wee Meng Can Do Better

SGX has seen more delistings than IPOs recently. It is a matter of time one of the stocks that we own would be the target of a delisting attempt. True enough, founder of GP Hotels Koh Wee Meng has offered to buy back shares of his company at $0.365 per share. He has also announced his intention to delist the company. We want to present our point of view about this delisting and explain why, … [Read more...]

OUE Limited is offering me money for IHC.

International Healthway Corporation Limited (IHC) was spun off from Healthway Medical Corporation (HMC) in 2013. Back then, its IPO price was 48c a share. Being a HMC shareholder, I was given free shares of IHC which I have mostly forgotten about until the recent saga in which the entire board of IHC was given the boot. Of course, it was revealed then that OUE Limited became a substantial … [Read more...]

ISOTeam Limited: Initiation Report

Business Model of ISOTeam Limited (‘ISO’) ISOTeam is founded in 1998 and listed on the SGX Catalist in July 2013 at an IPO price of $0.22 (equivalent to $0.11 today after a 1 for 1 bonus split in 2015). It is founded by David Ng (Chairman), Antony Koh (CEO) and Danny Foo (Director of Operations). The founders collectively own 42.1% stake in ISO through their investment vehicle, ADD Investment … [Read more...]