Author: Mr. IPO

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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Aspen (Group) Holdings Limited

Aspen (Group) Holdings Limited (“Aspen” or the “Company”) is offering 173.27m shares at $0.23 each for a listing on Catalist, of which 4.348m is for public and 168.922m shares via placement. The offer will close on 26 July 2017 at 12pm and starts trading on 28 July at 9am. The market cap based on the IPO price is S$199.32m. You can obtain a copy of the prospectus here. Principal Business The Company is a Malaysia-based property development group with a focus on developing affordable residential and mixed development properties and target middle-income mass market segment. Aspen intends to provide...

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Union Gas – Balloting Results

Union Gas announced that its IPO drew strong support from investors and was 7.1x subscribed. Ms. Alexis Teo (张淑婷), Chief Executive Officer of the Group said: “We are very encouraged by the positive response to our IPO from investors and I extend my deepest appreciation for the confidence they have shown in us. This listing is just the beginning for Union Gas. We have several expansion plans and I hope that our new family of investors will continue to support the Group as we carry out these plans.” The balloting table is presented below for your information: It is difficult to get the...

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Netlink NBN Trust – Balloting Results

Netlink NBN Trust announced its IPO was 2x subscribed. Considering its large float, this is a decent subscription rate. Mr Tong Yew Heng (唐耀兴), Chief Executive Officer of the Trustee-Manager, said, “The robust demand from both institutional investors and retail investors to our IPO is a strong vote of confidence in the NetLink Group’s unique investment proposition. The NetLink Group’s future growth is driven by a clear strategy to tap opportunities in the residential, non-residential and non-building address point segments, underscored by the continued growth in data consumption. Going forward, we intend to provide our Unitholders with regular and...

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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 Singapore🤔  – 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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Union Gas Holdings Limited

Union Gas Holdings Limited (“Union Gas” or the “Company”) is offering 60m shares comprising 30m New Shares and 30m Vendor shares at $0.25 each for a listing on Catalist. The IPO will close on 19 July 2017 at 12pm and starts trading on 21 July 2017. 1.28m shares will be available for the public with the rest via the placement tranche. The market cap is around S$50m based on the IPO price. You can find the prospectus here. History of Union Gas The founder of Union Gas is a self-made man. His rags to riches story was featured in...

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Netlink NBN Trust (Update)

I have previously written a post on Netlink NBN Trust over the weekend. This is the updated post based on its registered prospectus and i will just highlight some of the updates made but the primary analysis and chilli ratings remained unchanged. You can find the prospectus here. The final pricing is fixed at $0.81 and the offer will end on 17 July 2017 at 12pm and starts trading on 19 July 2017 at 3pm. 🤔 Why 3pm….. did they consult a fengshui master or are they trying to limit first day selling?? There will be 185 shares for the public and...

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SRS portfolio – Q2 update

It has been a while since i blog about SRS account. Let me see if there are any interesting stuff happening to me in Q2 2017… Dividend and Interest Income Received about $8,854 in dividends this quarter Received $2,975 from Hyflux 6% Perps  Received $1,500 dividend income from UMS Holdings Received $356 from Starhill REIT Received $2,319 from Perennial Real Estate Bond Elected to receive 567 units in Fraser Commercial Trust (Scrip Dividend) – Cash equivalent $752 Elected to receive 1,131 scrip dividend in Croesus Retail Trust (Scrip Dividend) – Cash equivalent $952 Wifey received some cash interest from...

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