Search Results for: ipo

UOB Launches Offshore Yuan Products!

On 08/Mar, Singapore shares end higher Tuesday as the decline of oil prices boost market sentiment. STI ended higher at 3103.84 (1.2%) with LOW VOL of 1.21 billion shares traded compared with 1.09 billion shares Monday. In the broader market, gainers outnumbered losers 295 to 154.  Today STI rally was helped by the bargain hunters who swoop up stocks which have corrected recently. Headline in STI Before market close Top executives from Singapore Exchange Ltd. (S68.SG) plan to visit Australia this week just days before the company apply for approval of its 8.4 billion Australian dollar (US$8.3 billion) takeover...

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Keppel Corp Won Rig-Building Contract Worth US$195 Mln!

On 07/Mar, Singapore shares end higher Monday though rising oil prices continue to heighten fears on inflation and economic growth. STI ended higher at 3066.52 (0.2%) with LOW VOL of 1.09 billion shares traded compared with 1.20 billion shares Friday. In the broader market, losers outnumbered gainers 255 to 180.  Today the market sentiment remains weak as BB merely push up the STI by buying some of key component of the Singapore index. Headline in STI Before market close Clean Water Investment Ltd plan to make a voluntary conditional cash offer to acquire all shares of water treatment firm...

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Almost All Business Trust are in the red. Will Hutchison Port Holdings be among them

Hutchison Port Holdings no doubt is a large IPO, but take a close look at almost all business trust listed. These includes Cityspring Trust Ascendas India Trust Rickmers We wonder if HPH will follow in their footsteps. The Prospectus for HPH can be download here >> I run a free Singapore Dividend Stock Tracker available for everyone’s perusal. It  contains Singapore’s top dividend stocks both blue chip and high yield stock that are great for high yield investing. Do follow my Dividend Stock Tracker which is updated nightly ...

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China Animal Healthcare – reports net profit of RMB129.7mn in FY2010 down 21% from FY2009…..this was a Stock Pick but I called a sell at S$0.42 when it hit my price target

China Animal reported quite a disappointing set of results for FY2010 with net profit of RMB129.7mn down 21% from FY2010.  To be fair, the company did take non-recurrent charges of RMB42mn for its HK dual listing and another RMB19.2mn for share options issued to staff.  Excluding these, net profit would have been about RMB189mn giving a gain of about 16-20% over FY2009. In item 10, the company is guiding for a very much stronger 2011 as its new acquisitions start to contribute.  I am keeping the stock in view at the moment because the earlier guidance for FY2010 net...

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Investing Made Simple by Uncle8888 (5)

Read? Investing Made Simple by Uncle8888 (4) What was Uncle8888 doing in the stock market during the 80s/90s? If Uncle8888 has recalled correctly; in 80s/90s he was just drifting along in the stock market without a clear and definite investing Goal as he didn’t even know what he actually wanted from the stock market. He was just hoping to strike more IPOs and would be happy to be able to make some money from selling “lucky-strike” IPO stocks. He didn’t have any big ambitions from making money from the stock market. Sometime, he might follow some investing tips from...

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Oxley Holdings only made S$0.73mn net profit in Q2-2011 and S$2.56mn for H1-2011……disappointing on the surface or is it just a timing issue ??!!

Over the weekend, Oxley Holdings one of my recent stock ideas reported their Q2-2011 results.  The numbers were quite disappointing on the surface with revenue of S$5.9mn and net profit of S$0.73mn…..quite disappointing for someone that could potentially deliver S$1bn in profits if all goes well over the next three to four years.  I tried to contact management over weekend but only got some feedback last evening hence this update today. The Q2-2011 results are important because we have the first set of post-IPO financials. In particular the balance sheet is a better reflection of what the company is. ...

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Investing Made Simple by Uncle8888 (4)

Read? Investing Made Simple by Uncle8888 (3) How did Uncle8888 come into the stock market? During Uncle8888 time, the easiest way to invest in stocks was through IPOs. There were no shortages of them. Sometime it could be more than one IPO in a month. This was how Uncle8888 got started in the stock market. To tikam for IPOs, he would check with his colleagues. If there were more colleagues interested in them, he would try for them too. If Uncle8888 was lucky to kena these IPOs; he would try to sell them a few days later for quick profits. But, if Uncle8888 got stuck with his...

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My War Room (7) – The Last Mile

Read? My War Room (6) – The Lost Years “Sometime we may learn from other people’s experiences but at times we may have to re-look at our own experiences and learn from them as well.” – Createwealth8888. Read? Chasing the last $100K (last mile) and may fall hard! I have learnt my lessons on “The Lost Years” and “The Last Mile.” I am no longer bolder and greedier in the “new” last mile. I hope not to repeat the Lost Years again by shifting into protective mode and becoming less offensive in the last...

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Hong Kong’s Hutchison Plans to List Port Business in Singapore

Singapore IPOs seems to be heating up recently. Late last year, we’ve already seen two major IPOs listed, namely GLP and Mapletree. This time round, Hutchison Whampoa is said to be listing their port business in a potential $6 billion IPO here. At this size, it will be Singapore’s largest IPO to date. Hutchison Whampoa Ltd is a Hong Kong listed conglomerate by Li Ka-shing. It’s business encompasses port operation, property and hotels, retail, telecommunications and infrastructure. Hutchison Port Holdings Trust, the proposed spin-off entity, is to be listed in Singapore because trusts can’t be traded in the Hong...

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GLP plans to acquire stake in China’s Airport City Development!

On 04/Jan, Singapore shares end higher Tuesday as improved U.S. economic data boost the sentiment of the market. STI ended higher at 3250.29 (0.4 %) with HIGH VOL of 2.22 billion shares traded compared with 2.17 billion shares Monday. In the broader market, gainers outnumbered losers 304 to 268. Today there are already signs of profit taking and in fact the rally is already weakened. Headline in STI Before market close Global Logistic Properties Ltd. (MC0.SG) plans to purchase a majority stake in China’s Airport City Development which is the sole developer of air side cargo handling and bonded...

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Innotek – a company visit update……and answers to the investment in Saban Reit

 I met the management of Innotek, one of my Stock Picks earlier this week.  The purpose was to get an update on the business especially for 2011 and also to find out why they invested about S$15.75mn for 15mn IPO shares in the Sabana REIT IPO. On the business, management were guiding for a lower Q4-2010 and my estimate of S$2-3mn was within the ball park range.  This figure might now be lower to the S$1mn level if an impairment charge for the Sabana REIT investment needs to be made.   At the time of writing this Blog, the Sabana REIT...

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Sabana Shari’ah Compliant REIT part II

The Sabana Shari’ah compliant reit got its offer price of the IPO finalised at $1.05, which is in the middle of the indicative range of 1.00 to 1.10. This raises a few questions on why the institutions are not snapping up this high yield and largest shari’ah compliant reit in the world. I can’t answer that, of course. I’ve written at length about this new reit on another post sometime ago, so I’m not going to repeat again. This IPO is supposed to start last Fri until this coming Wed on 24th Nov 2010. Trading begins on Fri on...

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Sabana Shari’ah Compliant REIT

There’s more IPO coming up and more REIT type of IPO, right after the launch of the mega one by MIT. Unfortunately, though I bidded for that in the offer period, I didn’t get a single lot at all. Let’s hope this one – Sabana Shari’ah Compliant REIT works out well for me. This is actually an industrial reit managed in a manner compliant with Shari’ah investment principles and they can only invest in Shari’ah compliant real estate and real estate related assets. It holds 15 industrial properties across Singapore and is the only Shari’ah compliant reit listed in...

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Prudential iPhone App

Noticed on Digital Life today of the Prudential ad for their new iPhone app “What’s your number”. The application is available for free download to the Apple iPhone, iPad and iPod touch at the iTunes App Store. It enables users to calculate conveniently and quickly their retirement “number ” – the savings required to enjoy a retirement based on their selected lifestyle. This new application is an extension of Prudential’s successful “What’s Your Number?” retirement planning campaign that was first launched in...

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Buy and Hold is Overrated

At this juncture, as the news flow from pundits and economic forecasters grows more and more shrill and jarring, an ever-present “die-hard”, core group of investment believers continues to espouse the (seemingly) timeless wisdom of “Buy and Hold”. They proclaim loudly and in a resounding tone that one should simply buy and hold and ride through the intense and increasingly frequent bouts of volatility, with the expectation that at the end of the day (some 5-10 years later no doubt), one will come out ahead with gains eked from patience and perseverance. My take on all this is –...

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