Archive

Derek Lim

Sub-prime issue again

August 1, 2007 by Derek Lim
By: Derek Lim STI together with all the entire region tumbled today on worries about the sub-prime situation in the US. However, this problem has been around for some time now and I’m not too worried. My biggest concern is not in the US but in China. We have all been hearing about the increasing [...]
Read more →

Ascendas India Trust IPO

July 29, 2007 by Derek Lim
By: Derek Lim Price: S$1.18 Placement: 392,000,000 Public: 20,000,000 Date of Offer: 25 July 2007, 12:00pm Closing: 30 July 2007, 7:00am Commence Trading: 1 August 2007, 2:00pm Underwriter: JPMorgan, Citi, DBS I believe many are turning to safer investments especially when the market tumble last week. Most REITs are CPF approved and I wonder why [...]
Read more →

IPO Balloting Results for RH Energy and China Angel Food

July 13, 2007 by Derek Lim
By: Derek Lim Another disappointing IPO balloting. Both stocks have more than doubled from it initial IPO price but there’s no shame, because this is all about luck and money rather than skill. Date: 9 July 2007 Company: R H Energy Ltd. Price: S$0.32 Placement: 68,000,000 Public: 4,000,000 No. of shares applied: 50,000 Results: Unsuccessful [...]
Read more →

Calculating Price After Rights Issue

July 6, 2007 by Derek Lim
By: Derek Lim I have figured out the problem to my calculation of PSC price after rights issue. Current Market Price: $0.15 After 5:1 share consolidation, Theoretical Market Price after share consolidation: = $0.15*5 = $0.750 After 1 rights share @$0.33 for every 2 shares based on New Market Price of $0.750 Theoretical Market Price [...]

in Categories: Investing

Read more →

IPO Application Strategy (9 July 2007 – 13 July 2007)

July 6, 2007 by Derek Lim
By: Derek Lim With 4 IPOs coming up next week, it will be interesting. My friend and I are fed up on being unsuccessful in every IPO application this year and we have decided to pool our resources together. Instead of 10 lots, we will be applying for 50 lots thereby increasing our chances from [...]
Read more →

IPO: CMZ Holdings Ltd.

July 6, 2007 by Derek Lim
Price: S$0.23 Placement: 74,363,000 Public: 1,800,000 Date of Offer: 9 July 2007 Closing: 12 July 2007, 12:00pm Commence Trading: 16 July 2007, 9:00am Underwriter: SBI E2-Capital Asia Securities Pte. Ltd. Click here for the full prospectus.
Read more →

IPO: China Angel Food Ltd.

July 6, 2007 by Derek Lim
By: Derek Lim Price: S$0.35 Placement: 98,800,000 Public: 5,000,000 Date of Offer: 2 July 2007 Closing: 11 July 2007, 12:00pm Commence Trading: 13 July 2007, 9:00am Underwriter: Kim Eng Capital “03 July 07 The Business Times by Janice Heng China Angel Food IPO seeks to raise $25.7m CONFECTIONERY maker China Angel Food, which specialises in [...]
Read more →

IPO: R H Energy Ltd.

July 6, 2007 by Derek Lim
By: Derek Lim Price: S$0.32 Placement: 68,000,000 Public: 4,000,000 Date of Offer: 2 July 2007 Closing: 9 July 2007, 12:00pm Commence Trading: 11 July 2007, 9:00am Underwriter: CIMB-GK The Business Times Published June 4, 2007 IPO WATCH Oil services firm RH Energy files prospectus By CHEN HUIFEN IN ANOTHER sign of the ongoing boom in [...]
Read more →

IPO: Financial One Corp.

July 6, 2007 by Derek Lim
By: Derek Lim Price: S$1.38 (Maximum) Placement: 213,750,000 Public: 11,250,000 Date of Offer: 3 July 2007, 9:00am Closing: 9 July 2007, 12:00am Commence Trading: 11 July 2007, 9:00am Underwriter: JPMorgan Source: Yahoo News (Reuters) Financial One to raise $169 mln in Singapore IPO “(Adds detail, background) SINGAPORE, July 4 (Reuters) – Taiwan’s Financial One Corp., [...]
Read more →

IPO Application History

July 6, 2007 by Derek Lim
By: Derek Lim IPO is now like a 4D or Toto draw except that your chances are higher. If you are lucky, you will earn some ‘kopi’ money and if you don’t, you waste your $1 (or $2 if you are applying via DBS). In here, I will post the history of my IPO applications. [...]
Read more →

PSC Corporation Ltd

July 2, 2007 by Derek Lim
By: Derek Lim PSC Corp was the top volume today and my mom being their shareholder got really excited. It in turn got me fired up and decided to do a little study on it. The sudden surge in volume today is mainly due to a Substantial Shareholder’s Interest – Goi Seng Hui (The Popiah [...]
Read more →

IPO: China Sunsine Chemical Holdings Ltd

June 29, 2007 by Derek Lim
By: Derek Lim Price: S$0.39 Placement: 115,000,000 Public: 5,000,000 Date of Offer: 25 June 2007 Closing: 3 July 2007 Commence Trading: 5 July 2007 Underwriter: CIMB-GK China Sunsine Chemical Holdings, based in Shandong Province, China, is one of the largest rubber accelerators manufacturers in the world and in China. It is principally engaged in the [...]
Read more →

Companies with Section 44 Tax Credits

June 28, 2007 by Derek Lim
By: Derek Lim I’m compiling a list of companies that still has Section 44 Tax Credits. Please share if you know of any. 1) Hong Leong Finance 2) Teckwah 3) Comfort Delgro Updated: June 14 2007 4) GrandBanks 5) Penguin Updated: June 28 2007 6) ossia 7) nippercraft 8) UOB 9) Sing Inv The listed [...]
Read more →

Why are we not doing Financial Planing?

June 27, 2007 by Derek Lim
By: Derek Lim Admit it, we all know the importance of having a sound financial plan but many of us are always putting it for. Below are my top 5 reasons why a typical Singaporean do not want to do Financial Planing. 1) The Government – Many of us grew up with the mind set [...]
Read more →

Merrill Lynch Buy Call On Ascott Residence Trust (ART), CDL Hospitality Trusts and CapitaCommercial Trust (CCT)

June 25, 2007 by Derek Lim
By: Derek Lim Though I agree with their report that Singapore’s hotel room and occupancy rates will increase substantially in the future due to the upcoming F1 and IR, but their report fail to take into consideration new hotels that will be coming up. Genting and the Marina IR are building new hotels and existing [...]
Read more →

Why No Personal Dental Insurance?

June 21, 2007 by Derek Lim
I have recently voice my displeasure in sgfunds.com on the lack of dental insurance in Singapore. I asked why dental insurance is not offered to individuals and the replies I received were that dental is not as important as critical illness, disability or accident and the premiums will be too high. This article published in [...]

in Categories: Insurance

Read more →

IPO: CosmoSteel Holdings Limited

June 17, 2007 by Derek Lim
By: Derek Lim Pipe components maker to launch IPO at 26cents a share HOME-GROWN CosmoSteel Holdings, which makes piping components for the oil industry among others, has launched its initial public offering (IPO) of 45 million shares at 26 cents apiece ahead of a planned Singapore Exchange listing. The company said yesterday that the IPO [...]
Read more →

IPO: China XLX Fertiliser Ltd.

June 14, 2007 by Derek Lim
By: Derek Lim One of my investor friend did a write up on the upcoming IPO in his blog. We share the same bullish sentiments but while I rate my probability of allotment as fairly high, he rated it as low. I will re-access this probability when the balloting results are out. “Since its production [...]
Read more →