Astrea 8 Private Equity Bonds
Astrea 8 is offering two classes of A rated bonds to the public: SGD 260 million Class A-1 @ 4.35% (5 years) USD 50 million Class A-2 @ 6.35% (6 years) Application for the bonds will close on 17 July 2024 at 12 noon What are Astrea PE Bonds? Astrea is a bond programme where each series of bonds are backed by cash flows from a unique portfolio of PE funds. Astrea 8 is the latest series of PE bonds by Azalea. Given the history of my blog, I have covered all the issuances in the past and you can find the links below: Astrea IV Astrea V Astrea VI Astrea 7 I have decided not to go through the details of the portfolio and how it works given I have written so many prior write ups. You should read the gatefold and watch the management presentation available online. In the event you just want to meet the team behind the bonds, you can also sign up for the meet the people session taking place next Monday evening (I saw it in the advertisements today). In a nutshell, the portfolio is wel
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Even Religare. Somehow, I bl**dy missed that one. I can't really explain why, except that I must have been somehow distracted.
Sebana, I somehow missed buying more of that one as well. Even though I had half an eye on it, there always seemed to be a reason to either distract me or put me off on every day I looked at it.
I think I should pay more attention to these IPO stocks.
And less on T.V. and the whole host of stupid, stupid distractions. This is costing me more money that I'm happy with.
I want to pose a question somewhat related to what James Yeo has asked.
My question is this :
If it is true the focus is on SMEs, as opposed to GLCs, to what extent are SMEs investable?
Will SMEs be increasingly investible, or should investors avoid SMEs (aka penny stocks) which have a bit of a squalid reputation?
So, SMEs - investible, or just pathetic penny speculative counter?
What does the audience think of this matter?
Am not sure whether to laugh or cry.
The next two IPO proposals are a school and a rubber processor.
What is one to think?
Published January 08, 2013
Sign of listing pick-up as two unveil IPO plans
School operator eyes mainboard; rubber processing firm eyes Catalist
By
andrea soh
Overseas Family School offers the K-12 International Baccalaureate curriculum to children aged between three and 18 years old, and has four sections - kindergarten, elementary school, middle school and high school. It has 501 staff and 3,753 students. Half of its students come from Asia - PHOTO : AP
IN WHAT could be a harbinger of a pick-up in listing activity this year, two firms have unveiled their flotation plans barely a week into the new year.
Private school operator Overseas Education Limited and rubber processing firm Halcyon Agri are planning to list on the mainboard and Catalist board respectively.
The former, which runs Overseas Family School, intends to use the funds raised to build a new school campus, according to its preliminary prospectus lodged with the Monetary Authority of Singapore.
Overseas Family School offers the K-12 International Baccalaureate curriculum to children aged between three and 18 years old, and has four sections - kindergarten, elementary school, middle school and high school. It has 501 staff and 3,753 students. Half of its students come from Asia.
SMEs - can make you a lot of money if you invest in a good company but can also make you lose pants if you picked the wrong horse. Haha
Regards :
SMEs - can make you a lot of money if you invest in a good company but can also make you lose pants if you picked the wrong horse. Haha
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I'm actually more thinking whatever money I make from these companies, the companies will need or want the money right back. One way or other.
This is the nature of SMEs.
Afterall, look at Olam, which will give a hint.
Am I right?
I really think we need more dimensions to this SME / IPO concepts. To properly understand its investment characteristics and potential.