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Happy Chinese New Year 2026

The Horse is a symbol of freedom, independence, stamina, and spirited adventure. The colour Red and the Fire element are associated with passion. Fire is also associated with clarity and change. The Horse is also associated with speed, confidence, and energy.  Wishing all readers a Healthy and Prosperous Year of the Horse and continue to gallop strongly in your pursuit of financial freedom!
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Serrano Limited - Balloting Results

Serrano Limited announced its IPO results this evening.


The public tranche of 1.5m shares as 7.6x subscribed and all investors who applied for the shares will get some shares. I am not familiar with the names mentioned in the placement tranche.


My personal gut feel is that the results is actually not that bad and investors who applied for the shares should be able to "flip" the issue. My "line man" in UOB said there should be some "supporter" for this stock as long as the markets remain stable. 

Good luck to those who applied.

Happy IPOing.
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TOM K said…
This is one IPO after a glut of IPOs, I believe there should be some interest in this IPO especially against the current market backdrop.
24 October 2014 at 23:24
Anonymous said…
Given the small tranche for public, prices could face upward trend as longterm investors make the bulk. My humble analysis
27 October 2014 at 09:48
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