Skip to main content

IPO Chilli Ratings

IPO Chilli Ratings
Click to understand how it works

Featured

Posted by

Foundation Healthcare Holdings IPO: The Biggest SGX Healthcare Listing Since IHH — Worth Chasing?

Special Edition: Foundation Healthcare IPO Singapore hasn't seen a healthcare IPO of this size in over a decade. Foundation Healthcare Holdings (" FHH ") is looking to raise up to S$242 million at an offering price of S$0.76 per share , implying a market capitalisation of roughly S$1.0 billion — reportedly the largest healthcare listing on SGX since IHH Healthcare's dual-listing back in 2012. Public offer closes 6 July, 12pm , with trading expected to start on 8 July 2026 . Let's dig into what FHH actually does, why parts of the story are genuinely attractive, where I'd want to be careful, and whether the pricing leaves anything on the table for IPO subscribers. The Business: A Doctor Roll-Up With a Tech Layer FHH is a multi-specialty private healthcare platform built on three verticals: Specialists — 108 full-time medical specialists across 16 specialties and 74 specialist clinics as at 31 March 2026, making...
Post a Comment
Read more
Labels
Posted by

CCM Group Limited

I was travelling for a while and frankly, i didn't miss much action in Singapore. The IPO market remains to be 'dead' with no IPOs. Even the distribution of K-Green Trust by Keppel Corporation was via "distribution in specie" to its shareholders with no new funds being raised.

CCM Group Limited ("the Company") is placing out 25m New Shares via placement at $0.20 each for a Catalist listing.  The Company is a general contractor and aims to be a 'one-stop' shop for its customers.  The order book as of May 2010 stands at $92m. Revenue for the Company grew from $11.4m in FY2007 to $27.97m in FY2009. Net profit was $3.1m in FY2009. The EPS for FY2009 on a fully diluted basis is 3.39 cents. Based on the IPO price of 20 cents, the Company is listing at the valuation of 5.9x, which to me, is a fairly valued IPO. The market cap is $18m based on its IPO price.

This is an ultra small cap company in a sector which i dont like. So avoid this counter unless you have reasons to be bullish or vested. Zzzz...
Email Post
Labels:

Comments

Post a Comment