The Assembly Place - Balloting Results
This is probably one of the most usual press releases that went alongside the SGX announcement of the balloting results. The Company released a full presentation deck , which is actually quite informative, with information of upcoming pipeline etc (probably the Company felt that it is safer to release this after the IPO closes and not before). The balloting table is as follows: The IPO has drawn strong interest from prominent institutional funds such as Avanda Investment Management (as investment manager for and on behalf of its fund(s)) and Lion Global Investors Limited (as investment manager for and on behalf of its clients), along with prominent investors, including Mr Han Seng Juan, Mr Rudolf Jurgen August Rolles and Mr Chong Soon Kong @ Chi Suim2 , underscoring strong confidence in TAP's investment proposition. Separate from the Invitation, cornerstone investors, namely Apricot Capital Pte. Ltd., Asdew Acquisitions Pte. Ltd., Cache Capital Pte. Ltd., ICH Synergrowth Fun...
Comments
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.