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...
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2: Mr IPO, can I ask if there is any benefit to the company to have MANY share holders since it seems that those who bid less have higher chance of getting what is ordered and higher % of order filled. More share holders means higher admin costs and more questions to answer during AGM not to mention mouths to feed. Is it some legal requirement and why do these companies like to have many shareholders? 'Charity' to those with less $ or that single digit unit holders are less likely to sell (transaction fee prohibitive)?
Tks if u can answer at least QN 2.
2. There is a requirement to have 1000 shareholders. The company probably trying to ensure they meet that obligation by allocating to smaller shareholders. Give 1 lot will mean that they can meet that requirement and it is tougher to sell just 1 lot. Most will just hold on for the longer term and not sell on the first day
got 9000 from 20000 subcribed.
If it is just window dressing to give semblance of share mkt robustness/ transparency (many shareholding participants), than the law is SHAM.
Are there too many loopholes in SGX/IPO rules???!!!
Many tks if U can answer my question😀.
Got 22lots sold @0.86....
Wish everyone Huatx3! Especially our beloved Mr IPO who spent so much effort to provide his useful insights.
What do you think is the NAV for JApfa?