Shares & Derivatives
Will Mr. IPO be subscribing to Nanofilm ?
By Mr. IPO  •  October 27, 2020

Thank you for participating in the survey (which is still running).The interim results showed that 49% will be subscribing. I also received a few messages asking if I will be subscribing. I decided to share this post so that you can go through my thought process. I was ready to try my luck on Sunday when I was writing my post, but not so sure anymore as sentiments has turned. I have written previously (some many years ago) that for IPO pop to happen, the most important is the timing. For IPO to "pop" on day 1, factors include right investors sentiments, right valuation and right market. I mentioned in my Sunday post that I was struggling to give a 3 chilli ratings given the rich valuation but it is the blockbuster IPO on SGX for 2020. Now that we are one day away from the closing, I don't...
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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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