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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...

ValueMax - Balloting Results

The balloting results for ValueMax is out and i need to analyze why my 'red underwear' is no longer effective. Nothing again! :-P


The balloting table is as above. The public tranche of 5m shares were 146x subscribed. Those who applied for 100 lots got the "bulk" of the IPO at 8 shares each. 

It is interesting to know that "Han Seng Juan" is one of the placee and he used to be a "star broker" at UOBKH. We shall see if he has a "positive" impact on the shares tomorrow.


Good luck to those who managed to get it.

Comments

Anonymous said…
Hi Mr IPO,
Do you know what's the nav of valuemax ???

Tks.
Mr. IPO said…
Should be in the prospectus ah. At a premium.
steve said…
Hi you have given the prospectus and the quotation of valuemax balloting results but anyways the post is nice.

DIN 7 | DIN 6325
Anonymous said…
Mr ipo.. am stuck in this... technically, do u tink can hold??