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
Comments
Will you be selling all your placement shares on the first day of trading or will you keep the placement shares for long-term investment?
So can reveal if this ipo hit what price tomorrow, you will sell some of your placement shares?
And you intend to hold how many shares for longterm?
My Internet Banking shows Provisionally Alloted, however I also received full refund from DBS...
Means never get? Previously it shows successful or not successful, and if provisional usually means I got alloted some leh...
Confused now...
Option 1 - If open around below $1, hold. If open above $1, sell half keep half. If open >$1.20, run first talk later
Option 2 - Trail the opening. If weak, get out. If have momentum, keep holding until you get stopped out.
Option 3 - If really long term hold, don't look at the share price. Just zzz peacefully every night.