Singapore Institute of Advanced Medicine Holdings Ltd
Singapore Institute of Advanced Medicine Holdings Ltd ("Sam" or the "Company") is offering 114m new shares comprising 4.415m Public Offer Shares and 109.585m Placement Shares at $0.23 each for a listing on Catalist. The Company aims to raise $26.2m and the majority of the proceeds will be used to repay debt and the balance for working capital. The market cap based on the IPO price is $231.8m and the offer will close on 14 Feb at 12 noon and starts trading on 16 Feb 2024 at 9am. Principal Business SAM is a healthcare service provider using advanced technology for early and accurate diagnosis to detect and treat cancer, neurodegenerative and cardiovascular diseases. SAM has strategic collaborations with public and private institutions for research and clinical work. SAM's goal is to create a comprehensive one-stop ambulatory cancer centre to undertake the challenges to fight cancer and is one of the first to adopt proto beam therapy treatment in Singapore. Fi
Comments
I m impress with their 'green' initiative as they are currently upgrading my estate. I think they r very different from other Renovation Contractors in town. I have faith on it. Can I invest on them for mid long term? What do you expect on its share performance?
1. If you like what they are doing and would like to invest in them, please do so but i wouldn't be able to tell you what the share price performance will be.
2. Revenue and net profit seemed to be on an uptrend with a good order book. But not for me personally. I don't like the industry and the small cap per se.
3. It is ok without public tranche of course. But it also means you wouldn't be able to buy it at the IPO price if everything is via placement. I am not sure if it is "safer" to place out to close friends and relatives but that is one way to look at it provided the friends and relatives are vested for a long term.
its price if 0.22 over valued or reasonable?
I am looking for short term gain
I won't be able to tell you whether above 26c is a good buy unless you can tell me what this years and next year's EPS will be. I am not even saying 22c is a good buy. 22-26 is just a guess of the opening price range. Haha.
SINCE U SO 'NEGATIVE' ON SMALL CAP IPO OR LISTING @ CATALIST, I GUESS INVESTORS SHALL STAY OUT FROM ALL OF IT? BTW, THE LISTING REQUIREMENTS @ MAIN BOARD R SO HIGH NOW, HOW MANY LOCAL SME R QUALIFY? ANY UPCOMING MAIN BOARD IPO THAT U RECOMMEND BESIDES REIT?
MIKE LUDGE
SPH Reit and OUE Reit have both lodged their preliminary IPO prospectus.
What are your views?
Cheers.
Few months ago I would have been very excited...
Now ah... Need to think thrice...
After giving it much thoughts, frankly, i don't know if there is a book that will teach you to "analyze like how i do".
It has been a combination of knowing how the various valuation methodologies work + paying school fees to Mr. Market + experience gained over the years + watching the markets + reading widely.
As such, my views are very biased due to my personal experiences. So you have to accept that when you read my blogs. Just like i am biased towards small caps and China stocks :P
Congrats. You seem to have attracted quite a lot of new readers.. I think it is good; though many of their comments are of poor quality... Perhaps, they would benefit and learn from you along the way...
I really respect your patience and your generosity.