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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...

SPH REIT - Balloting Results

SPH announced its balloting results.

The placement tranche was oversubscribed 42x and the public offering was oversubscribed by 25x. 

The balloting table is as below:

It is not difficult to get. If you apply for 50 lots, you will get 50% chance of getting 4 lots each, which in my view, is very low quantum!!

Mr IPO's results

Ok not successful for me but wifey got 3 lots.  Probably I never wear my red underwear when i apply for the shares.  :(

But thankfully, still have 15 lots from placement tranche :P

Happy IPOing.


Comments

Anonymous said…
I Apply 100 lots from placement only got 3 lots sia...sianz...
Irene lye said…
Hello, how did you get the placement tranche?
Irene lye said…
How did u get the placement tranche
Mr. IPO said…
Refer to top right of this blog under "for newbies"
Tan said…
Applied for 30000 shares on closing date @ 1145hrs. Got none... waste $2...haha
Mr. IPO said…
Haha the timing part not proven. I hardly do it myself. I always apply the night before. :-P
Anonymous said…
Mr IPO, are you going to keep or sell? Do you have any target price for this?
Mr. IPO said…
I have already given u the fair trading range of 88-99 cents. Do what u deem best.
Anonymous said…
thank you !! :-)
Ming said…
Got a puny 3 lots but I am going to keep these. The fundamentals e.g. Paragon's location, income support and addition of Seletar Mall (hopefully not at a crazily inflated price) in 2014 makes this one for keeps.