Wednesday, 24 July 2013

OUE Hospitality Trust - Balloting Results



OUE Hospitality Trust ("OUE HT") announced that its public offering was 19.1x subscribed. This is pretty strong set of subscription numbers, thereby endorsing its "decision" to do this IPO one day after SPH REIT. Trading will start tomorrow at 2pm. The announcement is here and the press release is here.

The balloting table for the public offering is as follows:


You can see that investors who applied for less than 50 lots receive 61.7% of the public offer and have a higher balloting ratio as well. ^_^ 

Mr IPO's result

Only used one account to apply this time and it is salted vegetable life this week despite the good probability. :(



Congratulations to those who got the shares. Don't ask me what to do with your money. I have given you what i think will be the fair value range




11 comments:

Tan said...

Again...20000 shares but got nothing... another $2 down the drain. Have no zero in my ipo record before. Now got 2 straight zero.

Mr. IPO said...

Errr... What other IPO shares u applied before ah? I always have a lot of zeros

lzw said...

two straight zeros here as well. the last one I managed to get was Sg Kitchen Eqpt...

Mr. IPO said...

Wow means super suay la. Two zeros plus negative. Must be more selectively ah.

Mr. IPO said...

Such a weak opening. Maybe never get is lucky instead??

Anonymous said...

It's slowly moving upwards :) Theres hope

Anonymous said...

Hi Mr IPO and thanks a lot for your great write ups and advice :)
Once stabilizing action is over how low do you think the price will go?

Mr. IPO said...

Errr u asking me to predict the market ah? If I know I don't have to work liao. Haha. Stabilization will kick in only if drop below 88c la.

Anonymous said...

Would you be doing one on money max 's ipo?

Anonymous said...

How to go about applying for placement? thanks

Mr. IPO said...

Refer to the top right corner on my blog "for newbies"

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