The 2012 profit from IPOs (for those IPOs that i have been allocated via public or placement tranche) stands at $4,922.57. Let's see if 2013 will turn out to be a better year.
Lesson learnt
The table below (sourced from www.shareinvestor.com) shows the performance of the IPOs as of today.
The humble lesson learnt is perhaps that those counters that I don't really like during my review - Geo Energy, Maxi-Cash and Civmec have turned out to be the best performers. Perhaps you should invest contrary to my recommendations and buy on the first day of listing and you would still have made a fortune!
Happy IPOing and hope that 2013 will turn out to be a good year for us.
9 comments:
So what do you think what are the criteria to successful IPOs?
Even Religare. Somehow, I bl**dy missed that one. I can't really explain why, except that I must have been somehow distracted.
Sebana, I somehow missed buying more of that one as well. Even though I had half an eye on it, there always seemed to be a reason to either distract me or put me off on every day I looked at it.
I think I should pay more attention to these IPO stocks.
And less on T.V. and the whole host of stupid, stupid distractions. This is costing me more money that I'm happy with.
I want to pose a question somewhat related to what James Yeo has asked.
My question is this :
If it is true the focus is on SMEs, as opposed to GLCs, to what extent are SMEs investable?
Will SMEs be increasingly investible, or should investors avoid SMEs (aka penny stocks) which have a bit of a squalid reputation?
So, SMEs - investible, or just pathetic penny speculative counter?
What does the audience think of this matter?
Am not sure whether to laugh or cry.
The next two IPO proposals are a school and a rubber processor.
What is one to think?
Published January 08, 2013
Sign of listing pick-up as two unveil IPO plans
School operator eyes mainboard; rubber processing firm eyes Catalist
By
andrea soh
Overseas Family School offers the K-12 International Baccalaureate curriculum to children aged between three and 18 years old, and has four sections - kindergarten, elementary school, middle school and high school. It has 501 staff and 3,753 students. Half of its students come from Asia - PHOTO : AP
IN WHAT could be a harbinger of a pick-up in listing activity this year, two firms have unveiled their flotation plans barely a week into the new year.
Private school operator Overseas Education Limited and rubber processing firm Halcyon Agri are planning to list on the mainboard and Catalist board respectively.
The former, which runs Overseas Family School, intends to use the funds raised to build a new school campus, according to its preliminary prospectus lodged with the Monetary Authority of Singapore.
Overseas Family School offers the K-12 International Baccalaureate curriculum to children aged between three and 18 years old, and has four sections - kindergarten, elementary school, middle school and high school. It has 501 staff and 3,753 students. Half of its students come from Asia.
Am asked today if I am keen on a IPO listing on 18 Jan at $0.23 each. :) amazingly the prospectus is not even lodged with OPERA yet. Why ah....?
Hi James, in the long run, it is the sector, fundamentals and the subsequent results announced. In the short run, it is how good the placement agent, sentiments and size of the float.
SMEs - can make you a lot of money if you invest in a good company but can also make you lose pants if you picked the wrong horse. Haha
Regards :
SMEs - can make you a lot of money if you invest in a good company but can also make you lose pants if you picked the wrong horse. Haha
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I'm actually more thinking whatever money I make from these companies, the companies will need or want the money right back. One way or other.
This is the nature of SMEs.
Afterall, look at Olam, which will give a hint.
Am I right?
I really think we need more dimensions to this SME / IPO concepts. To properly understand its investment characteristics and potential.
I want to thanks Mr. IPO for your analysis and comment on each and every IPO in the market. You use the word "Tikams" mean it can not be right all the time. Nevertheless, I feel that I benefit a lot from your analysis. I use your analysis as a reference to decide whether go or no go for the IPO. To me it is better miss than make a wrong move. Even I make a right decision it still need to depend on my luck on balloting. Looking forward to have a good year in 2013.
You are welcomed. Hope you have a prosperous 2013 :)
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