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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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CMC Infocomm Limited - Balloting Results

CMC Infocomm announced it balloting results this evening where the shares were subscribed by 4.68x.


Public investors who apply for 100,000 shares will have a slightly better than 50% chance and be allotted 7,000 shares. The balloting table is below.


I didn't realize it has one of the largest public tranche this year... must be a brave soul to do that and have to 'credit' them for that. :oP


I can't believe the Sponsor made such a mistake in announcement though. Based on the table below, do you think Kevin Phua applied and was allotted 50,000 or 50,000,000 shares and KCS applied for 2 million or 2 billion shares? so obviously, they should have deleted the '000 at the top of the table (circled in red).


I have to say the market sentiments is horrible right now. Let's see how it performs at debut ^_^

Happy IPOing
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Anonymous said…
It proves that when something is easy to get, better dun get it.. U got 100 lots so easily means danger ...

really underwater now. 22.5 cents.. U losing quite a lot for ur 100 lots.

I cut loss early in the morning at 24.5 cents..
13 August 2015 at 09:13
Mr. IPO said…
:) good for you.
13 August 2015 at 23:28
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