Shares & Derivatives
After thoughts on Geo and Religare and the upcoming IPOs
By Mr. IPO  •  October 20, 2012
Yesterday was an interesting day.

You had Geo Energy listing at 9am and Religare at 2pm.

Geo Energy

From a fundamental angle, after i gave Geo Energy a chopped chilli, there was a kind reader who emailed me to tell me that Geo is actually a 3 Chilli. Obviously, he knew of things that i don't. In fact, he also told me the subscription rate and the opening price one day before the listing. hahaha... Power. I call it the power of placement and i have shared that conversation with you prior to its close.



Some underwriters have the ability to place it to 'strong hands' and 'syndicate group'and you can actually get some hints from the prospectus when you see who the placement agents or underwriters are.

To have such a successful debut, you need to have a smaller size issue and limit the number of shares issued to ...
...
Read the full article
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 ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance