Shares & Derivatives
NoonTalk Media Limited
By Mr. IPO  •  November 26, 2022
For Information Only Sorry I missed this write up as I was traveling, hence this post is pure for records purpose. Even if I am around, I am unlikely to give it a good rating given just how poor market sentiments had been. NoonTalk Media Limited ("NoonTalk" or the "Company") is a Singapore-based media entertainment company that specialises in artiste and talent management, multimedia production and event conceptualisation. The Company is offering 22m shares at Singapore 22 cents each, of which 4.5m is via public offer and 17.5m via placement. Based on the IPO price, the market cap is S$43.6m The IPO opened on 14 Nov and closed on 17 Nov 12 Noon. I have never seen such a "short" IPO window. I am sure they met the legal requirement for the minimum IPO roadshow period but to have it for 2.5 days, it means that they have already placed out the hands to friends and family before launching the IPO.  ...
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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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