Skip to main content

IPO Chilli Ratings

IPO Chilli Ratings
Click to understand how it works

Featured

Singapore Institute of Advanced Medicine Holdings Ltd

Singapore Institute of Advanced Medicine Holdings Ltd ("Sam" or the "Company") is offering 114m new shares comprising 4.415m Public Offer Shares and 109.585m Placement Shares at $0.23 each for a listing on Catalist.  The Company aims to raise $26.2m and the majority of the proceeds will be used to repay debt and the balance for working capital. The market cap based on the IPO price is $231.8m and the offer will close on 14 Feb at 12 noon and starts trading on 16 Feb 2024 at 9am.   Principal Business SAM is a healthcare service provider using advanced technology for early and accurate diagnosis to detect and treat cancer, neurodegenerative and cardiovascular diseases.  SAM has strategic collaborations with public and private institutions for research and clinical work.  SAM's goal is to create a comprehensive one-stop ambulatory cancer centre to undertake the challenges to fight cancer and is one of the first to adopt proto beam therapy treatment in Singapore. Fi

Versalink - Balloting Results

Versalink reported its balloting results. The ratio is as follows. It is not easy to get though.



Having said that, the tranche is only 1.5x subscribed, so the debut may not be strong. It may be a good thing if you apply and didn't get it.

Let's see how it pans out tomorrow.

Happy IPOing



Comments

Ok debut at 0.34. Got 6 lots and $240 gain excluding commissions.

Considering that it's only 1.5x subscription, got lucky!
Anonymous said…
Hi Mr IPO, there is something about the REITS which puzzled me. U have any idea why the price of some REITS are pretty stable eg. IREIT, OUE C trust, OUE H trust. However there are some which make quite big swings, even intraday price swings. Which counter would u recommend for a very conservative investor who would like the share price to be stagnant?
Anonymous said…
Hi Mr IPO, there is something about the REITS which puzzled me. U have any idea why the price of some REITS are pretty stable eg. IREIT, OUE C trust, OUE H trust. However there are some which make quite big swings, even intraday price swings. Which counter would u recommend for a very conservative investor who would like the share price to be stagnant?
Anonymous said…
How about new IPO emas?
Mr. IPO said…
A lot will depend on how much free float is in the market. If a company has hardly any large buyers and sellers, and are held by strong institutions or founders, then the shares tend to be less volatile.
Anonymous said…
Hi Mr IPO thank you so much for sharing your insights. For a conservative investor who is just looking for the yield and constant dividend but not capital appreciation (but of cos hope it is equally unlikely for capital depreciation too), which REITs will you recommend? Is OUEHT, OUE CT, IREIT good choice? What other options are there? They have been relatively stable since launched, I am just wondering if there is reasonably good chance things can stay the same in the few years ahead. Thank you Sir
Mr. IPO said…
Well I never really study the volatility so I can't really opine.