Author: Mr. IPO

Portfolio Update – April 2018

IPOs As announced on my IPO Facebook Page this morning, i have refreshed my chilli ratings for the IPO to include a “likely opening price vis-a-vis the IPO price” based on the chilli ratings. You can access the latest ratings criteria here.   The refreshed ratings is in response to questions from readers who always inevitably, one way or another, ask me what i think the opening price will be. As such, i have decided to make it easier by sharing with readers what i think the opening price will be and that will be tagged to the chilli ratings...

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SLB Development Ltd – Balloting Results

SLB Development (“SLB” or the “Company”) announced that its public tranche of 8m shares was 20.6x subscribed. Combining with the placement tranche of 238m shares, the overall IPO was 1.7x subscribed. Commenting on the robust investor demand, Mr Matthew Ong, Executive Director and CEO of SLB, said, “The positive demand from both retail and institutional investors clearly shows...

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Asian Healthcare Specialists Limited – Placement Results

Asian Healthcare Specialists (“AHS” or the “Company”) announced that its has completed the placement of 46.9m shares to 337 placees. 10% of the placement shares went to the Ho Bee Land’s boss, Mr. Chua Thian Poh. Given the small issuance size and placement, my view is that the debut of the shares will be well supported. I had given it a 3 chilli rating here. “ We are encouraged...

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SLB Development Ltd

SLB Development Ltd (“SLB” or the “Company”) is offering 8m shares at $0.23 each for the public and 230m shares via placement. The public offer will close on April 18 at 12pm and starts trading on April 20. Based on the IPO price, the market cap will be around $210m. Principal Business SLB Development Ltd is a diversified property developer that was “spun out” from the listed...

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Asian Healthcare Specialists Limited

Asian Healthcare Specialists Limited (“AHS” or the “Company”) is offering 46.9m Placement Shares at 23 cents each for a listing on Catalist. The Company will have a market capitalisation of $66.7m based on the IPO price. The IPO will close on 18 April at 12pm and starts trading on 20 April 2018 at 9am.  AHS is an orthopaedic healthcare specialist and provider offering treatments for...

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Portfolio Update – March 2018

How time flies ~ it is already end of March and 3 months has passed in 2018. I was recently in Tokyo for a business trip and was pleasantly surprised to see the Sakura blooming in the city. The picture above is along the Meguro River where you see rows of Sakura along the canal. I then went to the Chidorigafuchi (see picture above beside the Imperial Palace) to see couples having fun rowing boat in the moat! That certainly looks romantic and definitely not for someone who is there on a business trip… 💑The Ueno Park is probably...

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Sassuer REIT – Balloting Results

Sasseur REIT announced that it’s public offering was 3.74x subscribed and that DBS over-allotted 32m shares for price stabilization. The balloting table is below, investors who applied will definitely be awareds some shares Other interested parties placees are below: Happy...

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Sasseur REIT

砂之船 Sasseur REIT (“Sasseur” or the “REIT”) touted itself as the first outlet mall REIT to be listed in Asia. Sassuer is offering 266.562,500 units for the IPO at $0.80 per unit. The public offering comprises 13.75m units with the balance being distributed via an international placement. Investors can use CPF to invest in the units and the stablisation manager can over-allot up to 32m units for post-market stablisation purpose. The IPO will close this coming Monday on 26 March 2018 at 12pm. Sponsor Group   The Sponsor is a leading privately-owned outlet mall operator in China and currently manages and...

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Ayondo Ltd – Balloting Results

(adsbygoogle = window.adsbygoogle || []).push({}); Ayondo Ltd announced that its public tranche was 4.5x subscribed and on an overall basis, the IPO was 1.3x subscribed. The public allotment results is as follows: You can see that 36% of the public offering went to investors who applied for 100,000 to 499,900 shares and they will 32% chance of getting 80,000...

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Ayondo Limited

Ayondo Limited (“Ayondo” or the “Company” or the “Group”) is offering 80.77m shared for a listing on Catalist, of which 8.9m shares will be for the public and the balance 71.9m shares via placement. The IPO price is 26 cents and that translate into a market cap of $130.7 million. The offer will close on 22 March at 12pm and starts trading on 26 March 2018 at 9am. Principle Business  Ayondo is the first “pure play” Fintech Company to be listed on SGX and considers itself to be one of the Fintech pioneers in Europe that tried to combine...

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Mr. IPO weekly ramblings

Welcome to my weekly ramblings. I have no specific topics since I am lazy and want to do one post for many random stuff 😆 SRS Website  As you can tell, I have reinstated my previous blog layout. After experimenting with a new design, I still find the old layout more practical and easier for readers to search for previous articles (and make it easier for the ads to be shown as well 😂)… Passive income / Portfolio update  No further additions to my passive income portfolio. The projected full year income is still around $54,423 and my goal...

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Year of the 🐶 Portfolio

I am a long time subscriber to the Edge Singapore and every lunar Chinese New Year, they will put up a portfolio of 10 stocks which they believe will outperform the market index over the next 12 months. I myself manage a live portfolio and I can understand how difficult it is to “predict” the market. Of course, in this case, there is no real money involved but to get the stars aligned is no easy feat as the portfolio is measured only on two pricing points – @ the last Friday before the CNY and the last Friday...

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Seasons Greetings – Happy Chinese New Year !

2018 is the year of the Earth Dog and according to this website, this are the famous personality dogs 😂 , interesting to see two famous singers, Madonna and Michael Jackson both “earth dogs”: The local IPO market was originally off to a good start in 2018 . . . but the recent market volatility probably shut the IPO window for now, and when it will re-open will depend  on how US markets pan out in the next few weeks.  Now that we have going to have a few days off, here’s wishing all readers a Happy Chinese New Year and...

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Mr IPO’s Passive Income Portfolio (Non SRS as well)

One reader left a comment on what my “non-SRS” positions are in the portfolio is that generated the $50,708 passive income, so let me break it down for you (even though i have blogged about the various holdings in piece-meal) . . .  Note that this post only includes holdings which i hold for the long term and for the passive income. It excludes IPO punts and positions which are not intended for passive income. The investment cost of the portfolio (both SRS and non SRS) is around $788,681 and is not marked to market (e.g. UMS holdings went...

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SRS Portfolio and CPF Update – Feb 2018

The last 2 weeks turned out to be very “exciting” where the US markets crashed and in turn, causing the Asian markets to follow suit. It was ironic that the markets crashed on a set of good news but this has always been the case – “sell on news”. For my SRS portfolio, I added another 15,000 shares of Frasers Commercial Trust at $1.40 this week  . . . you can see that the portfolio i have constructed below is pretty “boring”. It won’t move up dramatically (other than UMS) and hopefully, it doesn’t “move down” dramatically as well...

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