Shares & Derivatives
IPO Analysis : World Class Global & HRnetGroup
By Singapore's Budget Babe  •  June 12, 2017
Is the stock market picking up? In just two weeks, we've seen 3 IPOs on SGX - usually a sign of a bullish market sentiment. And while I prefer to sell during such times, I don't usually rule out spending on IPOs especially if their valuations are cheap or decent enough for me. Unfortunately I wasn't allocated any shares of Sanli Group last week when the results were announced (sorry for not blogging about them - I literally finished my analysis 12 hours before the IPO application deadline and didn't have enough time to churn out a blog post!). So I'm starting earlier on World Class Global and HRnetGroup this time. Details: - 136 million shares are being offered at $0.26 each, with 3.98m public tranche - Deadline to apply is by 12 noon on 13 June Business: WCG is a real estate company newly incorporated ......
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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