Some of you may be wondering why i have been missing for so long, well i do sincerely apologize as i have travelling quite a bit. The only thing that reached a record high this year is probably the amount of time i spent in the air . . . I can probably compile an album of all the "airplane food" I had in 2016 but let me do that in another post ^_^
Recap of 2016
Similar to last year, 2016 is probably another year to be forgotten (only 5 days left). There are 16 IPOs and not many of them have public offering. As of Xmas eve, the performance of these IPOs are summarized below (sourced from Shareinvestor)
Mr IPO's tikams for 2016
A slow year is probably and understatement. There weren't many IPOs to participate in to start with.
I managed to participate in 2 IPOs through placement (A thank you to JY ^_^) and ended 2016 on a positive note. Glad to see that both IPOs still in positive territory!
The returns from 2016 is much better than 2015. You can see my prior tikams below.
I would like to end this post by wishing all readers a wonderful and prosperous 2017.
"Next year will be a challenging one with heightened geopolitical risks. President Trump is a loose cannon and clashes with China is unavoidable. China is getting increasing assertive and we have probably touched their nerves by trying to poke our nose into the South China sea affairs which frankly is none of our business. (We still haven't got our tanks back!). Our economy is facing challenges with record high retrenchment since 2009! This trend is likely to continue and making China upset will not help..." Mr. IPO