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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...

MoneyMax - Balloting Results


It is very difficult to get. The entire IPO was 24x subscribed and the small public float does not favor to retail investors. Once again, applying for many lots is no guarantee that they will give u sufficient shares. Perhaps it's time SGX expedite its plans to reform the IPO market for retail tranche.

Mr IPO's wifey account got nothing from the public tranche but managed to get 30 lots from placement for his personal account.

Let's see how the market will perform tomorrow. I hope to see some "fireworks".

Comments

Anonymous said…
Kindly provide me the web link where you obtain the official balloting result. Thanks.
lzw said…
http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/company_announcements
Mr. IPO said…
Tks for helping Izw
Unknown said…
This comment has been removed by the author.
merxantia said…
Congrats Mr IPO! Good profits for your placement lots. Thanks also for all your IPO analysis.
Mr. IPO said…
Tks for dropping by ^_^