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Singapore IPOs: Why I No Longer Cover Every Listing

Some readers may have noticed that I have not been writing about every Singapore IPO since last year. The simple reason is that life has become busier. Between my day job, an increasingly packed travel schedule, family commitments and desire to play more golf, I have become much more selective about how I spend my time.  Writing detailed IPO reviews takes time — reading prospectuses, analysing financials, comparing valuations and understanding the competitive landscape. While I still enjoy investing and writing, I no longer feel the need to cover every IPO that comes to market. Instead, going forward, I will probably focus only on IPOs where I am seriously considering investing my own money or where there is something particularly interesting that is worth discussing. I suspect this will make the blog more useful as well. Rather than writing about every deal, I can spend more time sharing my thoughts on the handful that I believe deserve attention. That bring...

Parkway REIT debuts below IPO price

(Source: Today Newspaper dated 24 Aug 2007)

I believed those who received the shares through balloting must be wondering if they are 'lucky' to get it because they could have bought the shares at a cheaper price from the open market on its debut. If a 'stable and bluechip' REIT also opens below the debut price, i doubt underwriters will dare to bring any BIG float ipo to the market in the short term. More likely smallish IPOs will be used to test the market sentiment first as it is easier to place out and 'control' the smaller float.
I guess i can take a 'prolonged' holiday in the meantime...

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