tag:blogger.com,1999:blog-2558835596101121602.post6943780880645831968..comments2024-02-29T13:59:08.383+08:00Comments on Singapore IPOs: Sri Trang Argo-Industry Public Company LimitedMr. IPOhttp://www.blogger.com/profile/16449331327581040185noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-2558835596101121602.post-28162192914508014622011-02-01T22:09:31.843+08:002011-02-01T22:09:31.843+08:00closed at 128 today! :)closed at 128 today! :)Mr. IPOhttps://www.blogger.com/profile/16449331327581040185noreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-72857834204081719202011-01-29T22:03:26.995+08:002011-01-29T22:03:26.995+08:00with such a bad take-up rate and allocation rate, ...with such a bad take-up rate and allocation rate, looks like it will go underwater on debut.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-68464098072459043762011-01-28T11:14:29.930+08:002011-01-28T11:14:29.930+08:00This counter is trading at 33.5bath or SGD1.38 in ...This counter is trading at 33.5bath or SGD1.38 in Thailand as of 27Jan, with 15% price different!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-56245898091008289072011-01-28T11:10:16.169+08:002011-01-28T11:10:16.169+08:00Judging by the industry prospect and PER, the stoc...Judging by the industry prospect and PER, the stock IPO should be fairly and reasonably valued at $1.20. But the response is luke warm with NO balloting! something not right? I guess it may turn out to be another STX OSV, get stag at first then playing catch up later? (just my opinion).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-50193795371064369052011-01-28T01:25:34.527+08:002011-01-28T01:25:34.527+08:00The balloting results are out, very poor demand fo...The balloting results are out, very poor demand for both institutional and public. I hope that it'll open above water, as I applied for and was alloted one lot.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-25469456447153099722011-01-25T11:22:54.481+08:002011-01-25T11:22:54.481+08:00It's a dual listing, so there is no deep disco...It's a dual listing, so there is no deep discount for an untested company like other IPO shares. The share price for this company should logically follow the parent in Thailand. But there is a Singapore discount. Anything listed here almost always has a discount of 5 to 15% (e.g. STX Pan Ocean).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-9000315522095465252011-01-24T21:40:32.046+08:002011-01-24T21:40:32.046+08:00how u compare this Sri Trang with GMG lsited here?...how u compare this Sri Trang with GMG lsited here? in term of valuation and mkt share? which is more attrative.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-77389712174378373842011-01-22T16:04:23.119+08:002011-01-22T16:04:23.119+08:00the share price were trading at 1.60 - 4.94 baht i...the share price were trading at 1.60 - 4.94 baht in year 2008 and 2009, and now it was trading at 4.78 to 37.25 baht in year 2010. any reason for the huge variance?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-360413846828354652011-01-22T12:26:14.654+08:002011-01-22T12:26:14.654+08:00From yesterday's closing price of this counter...From yesterday's closing price of this counter in Thailand, it has dropped to S$1.54. What is your opinion about it? does it hint it will be sinked again at the IPO debut? ThksAnonymousnoreply@blogger.com