Author: Mr. IPO

MindCamps Preschool Limited

MindChamps Preschool Limited (“MindChamps” or the “Company”) is offering 30,449,600 shares at $0.83 per share in which 2m shares will be for the public and the balance for placement. The market cap of the Company will be $200.5m. The IPO will be subject to over-allotment option. Separate from the offering, the Company also entered into an agreement to sell 28,930,800 shares to Cornerstone Investors. The IPO application will close on 22 Nov 2017 at 12pm and you can start trading on 24 Nov 2017. You can apply for the shares at the ATM and internet banking platforms of DBS/POSB,...

Read More

RE&S Holdings Limited

RE&S Holdings Limited (“RE&S” or the “Company”) is offering 38m shares at $0.22 each, of which 35m shares will be through placement and the balance 3m shares through the public offering. The market cap based on the IPO price is around $78m.The IPO application will close on 20 Nov 2017 at 12pm and commence trading on 22 Nov 2017. You can apply for the shares using the ATM or internet banking websites of DBS/POSB, OCBC and UOB. In addition, you can use the mobile banking app of DBS.  Principal Business RE&S was established in 1988 and is a concept...

Read More

Portfolio Activities for Oct / Nov 2017

SRS Portfolio October turned out to be a good month for the SRS Portfolio since my last update. As of last Friday, the SRS portfolio is valued at $232,501 (an increase of $22,991) due primarily to the increase in the value of UMS Holdings Limited. The decision to add on to the position in early September has turned out to be a good one. Below is the portfolio summary. Fraser Commercial Trust Fraser Commercial Trust announced a DPU of 2.41 cents for Q4 2017. The management presentation slides is here. Overall, my gut feel after reading the management slides is that...

Read More

Miles Junkie

In case you haven’t noticed, I have recently changed the feel and look of my SRS blog. I have also decided, for my own sanity, to have only two blogs from now on … (instead of 5 blogs covering different topics from trading to traveling previously). Streamlining of blogs   The Singapore IPOs blog will continue to write about IPO stuff but the SRS blog will evolve into a personal finance and lifestyle blog (to attract more advertising dollars perhaps? 😂)… and I will stop updating the other blogs (which I haven’t been doing anyway 😅) Here comes the...

Read More

Keppel KBS US REIT – Balloting Results

Keppel KBS US REIT announced that its IPO received strong response and the public tranche was 6.7x subscribed. The public balloting table is presented below: Investors who applied for 50,000 shares will have a 46% chance of being allotted 15,000 shares. I did not apply for the public tranche as I was allotted 50,000 units from the placement tranche. “The positive demand from both institutional and retail investors is a reflection of their confidence in Keppel-KBS US REIT’s high quality portfolio and unique investment proposition that is backed by strong visible growth opportunities, both organically and through future acquisitions.”...

Read More

Keppel KBS US REIT

Keppel-KBS US REIT (“Keppel US REIT”) is offering 262,773,400 units at US$0.88 per unit (with over-allotment option). The REIT is established to invest in a diversified portfolio of income-producing commercial and real estate related assets in United States. While the IPO is not registered yet (should be in the coming days), the public offer will close on Nov 7 at 12pm. (Side comments: It is quite difficult to locate the lodged prospectus on MAS website and I can never understand why SGX don’t have it in the Catalogue either… you can find the link here. Having said that, i...

Read More

SRS Activities for Sep 2017

There isn’t much activities in my SRS account in Sep except for interest received. I have blogged about my purchase of UMS Holdings in my last update here. The share price of UMS has since moved up since my add-on acquisition of 92 cents. The portfolio value of my SRS portfolio improved to ~$209k. Hyflux 6% Perps In terms of non-SRS portoflio, Hyflux Perps suffered a decline in value to around 92 cents after its Q2 results but has since recovered to 94-95 cents region. Many bloggers, have in recent months, expressed concerns on the viability of Hyflux and it...

Read More

Lion-Phillip S-REIT ETF

I received at least 10 private messages asking if i will be covering the ETF. Even though i don’t really consider this an IPO, i will share my thoughts with you. What is an Exchange Traded Fund (“ETF”)? A short while ago, ETF was not accessible to retail investors until MAS relaxes that in April 2015! If you ask me what an ETF is, it is basically a fund tracking a particular index which it is set up for. In this particular case, this ETF is set up to track the Morningstar Singapore REIT Yield Focus Index. Key information...

Read More

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...

Read More

APAC Realty Limited – Balloting Results

I rarely see such balloting announcement results where there was no accompanying 📢press release and APAC Realty Limited announced its placement and public tranche subscription rates separately🤔: Placement tranche of 44,503,200 shares was 13.4x subscribed Public Offering of 4,411,000 shares was 29x subscribed In connection with the offering, DBS, the stabilization manager was also over-alloted 9.75m shares and will step in to stabilize the market if necessary The placement tranche was placed out in the following manner: and the public tranche balloting results is below. It is also interesting to note that investors who applied for any number of shares...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

Like us on Facebook

Follow us on Twitter