Author: Mr. IPO

APAC Realty Limited

APAC Realty Limited (“APAC” or the “Company”) is offering 48,914,200 shares at $0.66 each, of which 44,503,200 shares is distributed via placement and 4,411,00 shares via Public Offering. The offer will be subject to over-allotment option where up to 9.75m shares (or 19.9% of the offering shares) can be sold. The IPO will close on 26 Sep 2017 at 12pm and starts trading on 28 Sep 2017. The prospectus is here. The market cap based on the enlarged shares is around $205.3m History For investors who don’t know the Company, this was previously known as Hersing Corporation and Northstar...

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Cromwell Europe REIT

Cromwell European Real Estate Investment Trust (“Cromwell” or CEREIT”) is offering up to 1,583,955,000 Units at €0.55 to €0.57 per Unit. 79.198m Units will be available for public offering in Singapore, 267.857m for a public offering in Japan (without being listed there) and the balance units will be via the Placement Tranche. The REIT is currently in book-building phase with the pricing to be determined around 21 Sep 2017. The market cap will be €1,814.8 million based on the maximum IPO price. The IPO is expected to close on 26 Sep and be listed on 28 Sep 2017. The...

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Will Blackstone Succeed in de-listing Croesus Retail Trust?

I recently sold all my units in Croesus Retail Trust in Sep after holding this for 2.5 years… and including the dividends to be received on 28 Sep 2017, the total returns has been around 67%. This counter has exceeded all my return expectations as i have invested in it purely for dividends. In an earlier survey, 53% of readers say that it is too attractive to give up the yield without a fight! 🤕 and there is a chance that they may be right. As such, even though Blackstone offered to buy over my shares at $1.17, I divested them in...

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Do you believe in Insurance?

I never really believe in Insurance (or perhaps was brought up by my mum not to believe in them). My mum always said “保险都是骗人的” since i was young and those views was ingrained even though her views was a tad too extreme. Probably she was “bugged” by over-zealous insurance agents trying to sell her useless policies but maybe she was right…. because instead of buying policies, you should be buying the insurance company. 😁 That was how Warren Buffet became extremely rich by using “free money” from insurance premiums to invest. Warren Buffett was able to build his fortune in...

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SRS activities for July and August 2017

How time flies and today is already 1 September…  Since my last update for Q2 (April to June), I have done the following in July: Top up $15,300 to my SRS account for 2017, bringing my total capital to $151,725 Acquired 50,000 shares of Netlink NBN Trust in my SRS Fund and convinced Mrs IPO to buy the 50,000 shares for her retirement Post the IPO of Netlink NBN Trust, more analysts (especially those who were in the blackout period) starts to release their analysts reports on the Company. You can download the 58 page report by DBS and...

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Croesus Retail Trust – Time to say Good "Buy"?

It was an interesting week, where i “received” two privatisation offers – Lafe Corporation and Croesus Retail Trust. Not all privatisation offers are good and Lafe Corporation was one great wealth destructor   Lafe Corporation was for my dad and listed with much fanfare back in April 2000 with a market cap of $460m. The market cap today was $22m and for every $1 invested in the Company, it is worth only $0.0478 today, destroying wealth for investors in the Company 🤕 While my dad didn’t invest from the onset, his few thousand dollars worth of investment a few years...

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A letter to my new "old" fan….

After my post on “which stage of your life are you at”… I received the following in the comments section. I thought it would benefit more if I share it as a blog post, especially from someone who has taken the time and effort to write to me.  Hello Mr IPO,  I recently became a fan of your blog. I am 55 and still working (civil servant). Planning to retire at 60/62 if I can keep my sanity till then:-)  You mentioned that you have been traveling annually… well taking time off to recharge is how I keep my...

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SGX Bull Charge Giveaway Results

I refer to my earlier post on the SGX Bull Charge Giveaway Contest that was conducted over my Facebook Page which ended 8 August 2017. Interested participants must click “Like” on the post below to participate in the draw. I had wanted to give a higher weightage to “fans who shared” the post and there was 27 of you but unfortunately Facebook doesn’t show me all the names, as such, i wasn’t able to do that fairly. As a result, all participants stood an equal chance of being allotted. 71 of you managed to do that by the deadline but...

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Planning for Retirement – What stage of your life are you at?

Today’s Sunday Times ran two articles in the Invest Section which i thought is relevant for young readers. The articles are “A Letter To My Daughter who has just graduated” and “New Grads? Never too early to think of retirement”. Do find time to read them as she wrote from a perspective from someone who has been through the journey in life. For the benefit of new readers, especially those who have became “Mr’ IPO’s fans” more recently, I have compiled a series of write ups which i have done in the past to encourage you in your journey...

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Net – LinkedIn

A further update to my earlier Netlink Trust post where i managed to add another 25,000 shares of Netlink Trust to my SRS account at 81 cents on 2 Aug 2017. This bring Mr. and Mrs. IPO shareholding in Netlink Trust to 100,000 shares and based on the projected yield of 5.73% in FY2019, the annual income will be around $4,641 The passive income will reach $44,886 using the higher projected yield and the monthly “distribution” is presented below. Still having gaps for Feb and August. On a non-related note, i have finally set up a LinkedIn account for Mr....

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SGX Bull Charge Giveaway Contest

This is a follow up post to “An Evening with Mr. IPO” with the contest details and how to get a running slot beside Mr. IPO. Date and Time   Date:   17 Nov 2017 Time:     4pm till late Prizes to Giveaway   12 complimentary tickets to SGX Bull Charge 2017. To ensure a wider and fairer distribution, I have decided to give out the complimentary tickets individually Two Simple Steps To Participate   Step 1:  Visit the Facebook Page of Mr. IPO here and search for the post “SGX Bull Charge Giveaway Contest” Step 2:  Just click...

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SGX Bull Charge Giveaway Contest

This is a follow up post to “An Evening with Mr. IPO” with the contest details and how to get a running slot beside Mr. IPO. Date and Time Date:   17 Nov 2017 Time:     4pm till late Prizes to Giveaway 12 complimentary tickets to SGX Bull Charge 2017. To ensure a wider and fairer distribution, I have decided to give out the complimentary tickets individually Two Simple Steps To Participate Step 1:  Visit the Facebook Page of Mr. IPO here and search for the post “SGX Bull Charge Giveaway Contest” Step 2:  Just click “Like” or “Love”...

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Aspen Group Holdings – Balloting Results

Aspen announced that its PUBLIC tranche was 7.8x subscribed. Super misleading considering that the public tranche is small. I think most IPOs try to use the entire subscription rather than the public tranche only.  I didn’t compute but if combined with the placement tranche, it’s probably about “1x subscribed”  Commenting on the subscription results, Dato’ Murly, Executive Director, President and Group CEO of Aspen, said, “We are greatly encouraged by the strong investor demand for our IPO, which we believe reflects the confidence in the potential of our properties, prospects and future plans. We would like to thank them...

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Netlink Trust Strategy Update

I previously highlighted my strategy on Netlink Trust in my post here where i would like to buy 100,000 shares of Netlink. Here is the update for the trades done last Friday. •  Mrs IPO managed to be allotted 13,000 shares from her application of 50,000 shares over the ATM. The IPO, as expected, opened weakly and I managed to get an additional 37,000 shares for Mrs. IPO at 80c. The entry price is a tad better than the ATM price •  I also mentioned that i didn’t apply for the Netlink Trust as i would like to use the cash...

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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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