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Food Innovators Holding Limited

Food Innovators Holdings Limited ("FIH" or the "Company") is offering 14m shares at $0.22 each, for which 13m shares will be through placement and the remaining 1m shares via a Public Offer. The IPO will close on 14 Nov at 12 noon and starts trading on 16 Oct 9am.  FIH has two business models - the first is to be a master lease and sublease the space to other tenants and the second is to operate and manage restaurants.  The Company currently has 12 restaurants in Japan, 10 in Singapore and 4 in Malaysia. The market cap based on the IPO price is around $24.9m. Financial Highlights FIH's revenue grew from $37.8m in FY2022 to $43.8m in FY2024. It is quite funny to see that being a master land lease holder has a higher margin than operating the restaurants, once again illustrating the point that it is better to be a landlord to shake leg and collect rent. According to the prospectus, the PER is around 19x. The Company intends to pay 20% of its net profit after tax a
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Singapore IPOs Tikams for 2017

2017 turned out to be active one where there were 21 IPOs on Singapore Exchange.

(source from Shareinvestor.com)

In terms of post market performance, Samurai and Unusal performed the best and became multi-baggers with gains in excess of 415% and 290% respectively ðŸ˜«

I managed to get placement or ATM shares from 10 out the 21 IPOs. 6 of them made money with 4 making losses due to bad timing. 


2017 ended as "2nd best year" where my total gains was $27,298 and the bulk of it came from:
  • Sanli Environment $21,753
  • Kimly $5,700
  • APAC Realty $2,051
For those readers who just joined this year, you can read about my past tikams here.





Now that we have come to the end of 2017 (with a few hours more), I would like to take this opportunity to wish all readers a Happy New Year! 


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Anonymous said…
Thanks Mr IPO for taking the time and effort to keep this blog up!

Wishing you and your family a happy new year!
31 December 2017 at 18:12
IPO always buay tio unless placement said…
Hi Mr IPO,

Would be nice to see how much % gain this was compared to the initial investment in the IPOs over the years.

Much better comparison for readers and keep up the great work! I always read your post before balloting any IPO. Basically I trust you more than my banker haha.
27 February 2018 at 00:38
Mr. IPO said…
well, the banker's commission and bonus is tied to the ipo, mine is not lol...
1 March 2018 at 23:56
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