Search Results for: ipo

Mapletree Investments Unit Lodges Preliminary Prospectus for Mapletree Commercial Trust

Mapletree Investments Unit Lodges Preliminary Prospectus for Mapletree Commercial Trust: Press Release Author’s Note Mapletree Commercial Trust was supposed to go for IPO in March but has delayed it due to the earthquake in Japan. It is now going ahead with the IPO in April. The preliminary prospectus is now available at the MAS Opera website. Click the “Latest” link under the category...

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Hyflux secured 25-year Water Purchase Agreement!

On 06/April, Singapore shares end higher Wednesday as bullish traders ignore the China’s latest interest rate hike. STI ended higher at 3170.33 (0.7%) with HIGH VOL of 1.65 billion shares traded compared with 1.3 billion shares Tuesday. In the broader market, gainers outnumbered losers 337 to 161. Today STI continue to show signs of weakness on its rally although the buying pressure seems to rise for mid/small cap. Headline in STI Before market close Mapletree Commercial Trust has set a price range for its IPO at S$0.84 to S$0.91 per unit that could rise about S$1 billion. PUB, Singapore’s...

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Lessons from the Japan Quake

Two weeks have passed since the Japan quake and there are conflicting reports to the nuclear situation. In one day, we can have 1,000 times the normal amount of radiation before being told it was a mistake in the calculation. We hear about optimism in getting the situation under control followed by news that the situation is grave. We are assured that even though higher than normal radiation is found in some food sources, we will have to take in X amount of times before there are serious effects. This is like telling me that this is poisonous but...

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Keppel Corp Won Rig Contract Worth US$210 Mln!

On 15/Mar, Singapore shares end lower Tuesday as Japan’s nuclear crisis worsened after two more blasts and a fire at an atomic power plant. STI ended lower at 2946.08 (2.8%) with HIGH VOL of 2.22 billion shares traded compared with 977 million shares Monday. In the broader market, losers outnumbered gainers 669 to 66.  Today the news of nuclear crisis triggered investors to sell on fear as they dump riskier assets and go for safety. Headline in STI Before market close Singapore Exchange Ltd.’s (S68.SG) US$8.3 billion takeover of ASX Ltd. (ASX.AU) faces intense parliamentary scrutiny due to unequal...

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Divest CapitaMallAsia to Ho Bee

Divest CapitaMallAsia to Ho Bee just recently. Made a small loss as my average price is 1.85. Believe the future capital gains of Ho Bee will offset and reap in better rewards. Initially I was optimistic on CapitaMallAsia prospect, given that they had plans to expand in China and that the price was trading below IPO of 2.12. On hindsight, I could have sold at $2 for minor gains when the price shoot up. Though we understand the retail market in China has untapped potential especially the inner cities (consider the demographics, income and expenditure patterns of the mid-to...

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Kingway Brewery: Confirm Major Shareholder To Sell 21.37% Stake!

On 11/Mar, Singapore shares end lower Friday as Beijing reported higher-than-expected inflation data and followed by powerful earthquake in Japan. STI ended lower at 3043.49 (1%) with LOW VOL of 1.3 billion shares traded compared with 997 million shares Thursday. In the broader market, losers outnumbered gainers 423 to 84.  Today STI under go massive selling pressure though the trading volume is low due to school holiday. Headline in STI Before market close Swiber Holdings Ltd. (AK3.SG) has won a pipeline contract in South Asia worth US$125 million. CapitaMall Trust (C38U.SG) has priced a S$250 million convertible bond issue...

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Keppel Corp Won 2 Shipbuilding Contracts Worth S$170 Mln!

On 10/Mar, Singapore shares end lower Thursday as China’s unexpected trade deficit for February triggered selling pressure. STI ended lower at 3075.44 (0.6%) with LOW VOL of 997 million shares traded compared with 1.13 billion shares Wednesday. In the broader market, losers outnumbered gainers 297 to 137.  Today STI continue to pullback as investor cash in for safety due to negative data from China. Headline in STI Before market close Hutchison Port Holdings Trust tightened the marketed price range on its IPO to US$0.99 from US$$1.03 per unit that could raise up to US$6.2 billion. Moody’s slashed Spain’s sovereign...

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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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