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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...

Chunghong Holdings Limited



The Company is in the PCBA and OEM business for the Electronics Industry.

Public: 1m shares at $0.365
Placement: 54m shares at $0.365

I will not bother to do any analysis for this Company since the public float is so small (1 m shares only). Look at the current trend where the previous 4 IPOs are below water by around 15%-25%, my view is that you should just avoid this counter. If you are really keen to 'invest' in this IPO, you should be able to get it at better prices post IPO.

Comments

Anonymous said…
Hi, any comments about Hyflux Water Trust?