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IPO Chilli Ratings

IPO Chilli Ratings
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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!

EMAS Offshore Limited - Balloting Results

EMAS Offshore Limited announced its balloting results today.


This is one of the "worst" application results i have seen whereby investors who applied for 1 to 39 lots are "fully alloted" and investors who applied more than 40 lots will be allotted some shares but it is "bao tiok" ~ 100% will get it. It is "bao tiok" and not "bao jiak". 


Do note that the shares can be fully arbitrage and that i had given it a zero chilli rating. The oslo price as of today remained at S$1.01 thereabouts. Be prepared for a rout on its listing next Wednesday...

Comments

Anonymous said…
Reminds me of HPH Trust IPO years back :)
^_^ said…
Market is quite bad now
RIP for those who got it
Mr. IPO said…
yeah...market has been downtrending for a while liao...
just blogwalking.. nice post :D