Tuesday, 23 September 2014

Versalink - Balloting Results

Versalink reported its balloting results. The ratio is as follows. It is not easy to get though.



Having said that, the tranche is only 1.5x subscribed, so the debut may not be strong. It may be a good thing if you apply and didn't get it.

Let's see how it pans out tomorrow.

Happy IPOing



8 comments:

Benjamin said...

Ok debut at 0.34. Got 6 lots and $240 gain excluding commissions.

Considering that it's only 1.5x subscription, got lucky!

Mr. IPO said...

Congrats.

Anonymous said...

Hi Mr IPO, there is something about the REITS which puzzled me. U have any idea why the price of some REITS are pretty stable eg. IREIT, OUE C trust, OUE H trust. However there are some which make quite big swings, even intraday price swings. Which counter would u recommend for a very conservative investor who would like the share price to be stagnant?

Anonymous said...

Hi Mr IPO, there is something about the REITS which puzzled me. U have any idea why the price of some REITS are pretty stable eg. IREIT, OUE C trust, OUE H trust. However there are some which make quite big swings, even intraday price swings. Which counter would u recommend for a very conservative investor who would like the share price to be stagnant?

Anonymous said...

How about new IPO emas?

Mr. IPO said...

A lot will depend on how much free float is in the market. If a company has hardly any large buyers and sellers, and are held by strong institutions or founders, then the shares tend to be less volatile.

Anonymous said...

Hi Mr IPO thank you so much for sharing your insights. For a conservative investor who is just looking for the yield and constant dividend but not capital appreciation (but of cos hope it is equally unlikely for capital depreciation too), which REITs will you recommend? Is OUEHT, OUE CT, IREIT good choice? What other options are there? They have been relatively stable since launched, I am just wondering if there is reasonably good chance things can stay the same in the few years ahead. Thank you Sir

Mr. IPO said...

Well I never really study the volatility so I can't really opine.

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