Recently a thought came to my head, i wondered if the IPOs on SGX might have been getting worst or even underwater. I am not sure but when i see headlines of Digital Core Reit, Manulife US Reit , it gives me this impression
As such, i decided to as and when i feel like it, review some of the SGX Stocks that Ipo-ed in the past years.
2021 is likely a good year to start. The company would likely released its FY 2022 results being in a more 'clean slate' due to lack of IPO Fees.
The first company that came to my mind was Econ Healthcare (SGX: EHG)
Basic Info
Business Model: Operation of Nursing Homes / Elderly Aged Homes
IPO Price and Date: 28 Cents ( 19 April 2021)
Current Price and Dividends Declared so far: 19 Cents and 1.2 cents
Total Loss = 27.85% in close to 2 years.
Implied PE = 14.39
BV = 1.28
Financials...