Shares & Derivatives
Declout Limited
By Mr. IPO  •  October 17, 2012


Declout Limited ("Declout" or the "Company") is offering 31m placement shares at $0.25 each for a Catalist listing. The market cap based on the IPO price will be S$51m. The website is here and the prospectus is here.

Declout is a IT solutions provider mainly targeting "Vertical Domain Clouds", starting with the online gaming sector. While online gaming has huge potential, it has unfortunately, in my view, failed to take off in a significant way in the Southeast Asia region even though IAH was one of the pioneers here. I believe IAH is one of the clients of declout. 

Financial Highlights


The revenue has increased from $833k in FY2009 to $38m in FY2011 and the profit increased from $59k to $1m during the same period.  The 1Q2012 revenue continued to show a nice traction over the same period last year.


Based on the EPS of Singapore 0.52 ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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