Search Results for: ipo

Ascendas India REIT

By: Derek Lim Hard-luck. Even for a fairly big IPO like this, I'm still unable to get any. Come to think of it, my only two successful IPOs (ChinaRetail Investment Trust and CitySpring) was applied via DBS and none of was successful via UOB. Despite the low yield, I believe that AscendasIndT is a good stock for the long term. My initial plan is to buy only 1 lot and being the typically "Kiasu" … [Read more...]

Ascendas India Trust IPO

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 Ascendas is not - higher risk? … [Read more...]

IPO Balloting Results for RH Energy and China Angel Food

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 Balloting Results: Date: 11 July … [Read more...]

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

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 4-6:99 to 6-8:99 respectively (based on the balloting ratio of Sunsine and XLX Fertiliser). The … [Read more...]

IPO: CMZ Holdings Ltd.

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.

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 mooncakes, yesterday launched its … [Read more...]

IPO: R H Energy Ltd.

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 the energy industry, RH Energy, which … [Read more...]

IPO: Financial One Corp.

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., which lends … [Read more...]

IPO Application History

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. Date: 4 July 2007 Company: China Sunsine Chemical Holdings Ltd Price: S$0.39 Placement: 115,000,000 Public: 5,000,000 No. of … [Read more...]

IPO: China Sunsine Chemical Holdings Ltd

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 production of rubber chemicals, … [Read more...]

IPO: CosmoSteel Holdings Limited

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 comprises 36.2 million new shares and 8.8 million … [Read more...]

IPO: China XLX Fertiliser Ltd.

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 capacity for urea and methanol have more than doubled since 1 January 2007, I believe my … [Read more...]

IPO: China XLX Fertiliser Ltd.

By: Derek Lim DJ China XLX Fertiliser Launches S$202M Singapore Public Offer SINGAPORE (Dow Jones)--Urea and methanol producer China XLX Fertiliser Ltd. Tuesday launched a S$202 million Singapore initial public offering of 262.9 million shares priced at S$0.77 each. The offer includes 200 million new shares and 62.9 million vendor shares held by third parties, according to a prospectus … [Read more...]