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Singapore IPOs: Why I No Longer Cover Every Listing

Some readers may have noticed that I have not been writing about every Singapore IPO since last year. The simple reason is that life has become busier. Between my day job, an increasingly packed travel schedule, family commitments and desire to play more golf, I have become much more selective about how I spend my time.  Writing detailed IPO reviews takes time — reading prospectuses, analysing financials, comparing valuations and understanding the competitive landscape. While I still enjoy investing and writing, I no longer feel the need to cover every IPO that comes to market. Instead, going forward, I will probably focus only on IPOs where I am seriously considering investing my own money or where there is something particularly interesting that is worth discussing. I suspect this will make the blog more useful as well. Rather than writing about every deal, I can spend more time sharing my thoughts on the handful that I believe deserve attention. That bring...

G.H.Y Culture & Media Holding Co., Limited - Balloting Results

GHY announced that its Public Offering was 16x subscribed. The balloting table is presented below. 

I always thought that 100k-499k is in the same band but as you can see from the table below, it may not always be the case.


Investors who applied for 100,000 shares have a 80% chance of being allotted 6,900 shares.

It is also interesting to see that Lion Global and UOBAM subscribed to the IPO.

I can thank my lucky stars for using UOB IB platform and managed to be allotted 6,900 shares.

This UOB Platform is better than DBS as I know my results around 3pm. 5 hours ahead of DBS.

Good luck to those who got this.

Happy GHYing

Comments

Unknown said…
Alamak go below offer price!
Anonymous said…
useless ipo this one ..sure mo day below issue price..it is typical
Unknown said…
Will it go up to 0.7 again?
Jess said…
Will it go up to 0.7 again ?
Unknown said…
Ready to chiong!!! Now $0.68.
Unknown said…
Aztech IPO can buy sir?