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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!

Singapore IPO Tikams for 2020 and 2021

I realized that I "missed out" on the Singapore IPO Tikams in 2020, and the last post was written in 2019 where I made a grand zero dollars that year. You can assess all the prior Singapore IPO tikams here.

Since listings are so rare, it is actually not difficult to do two years of IPO tikams posts together.


Singapore IPO Tikams 2020

In my 2021 New Year's Post, I mentioned that 2020 was a good year with $14,296 made from 3 IPOs. The 3 IPOs are:
  • Aedge $748
  • Credit Bureau Asia $13,299
  • GHY Culture $248
Singapore IPO Tikams 2021

2021 was an interesting one as I managed to diversify outside Singapore and in different currencies as well. For the Singapore market, I participated in the following IPOs:
  • Aztech $614
  • Econ Healthcare $2,285
  • OTS Holdings $23,815
  • Daiwa House Logistics ($100) loss. (I sold the placement and invested via the SRS account at the same price) 
  • Digicore REIT USD1,692* (or around $2,283 using today's rate)
  • Sensetime HKD45,550* (or around $7,881 using today's rate)
The Sensetime IPO happened at a point where no one wanted the shares as it was sanctioned by the US. I took the contrarian view, hence was allotted a fairly decent allocation. I thought I was a genius when I sold on Friday, only to see it end at a price that could have doubled my profits. Lol. No regrets since the intent was for punting.

So here you go, Singapore IPO tikams 2021 was a record year at $36,778 (including the foreign talent).



Looking ahead, I think the IPO market here will be tough. You can see that the promising tech companies continue to seek a listing in US for better valuation and Grab did it through a SPAC. Vertex Ventures is the first to receive approval for a SPAC. Personally I just think that this is a "con job" that try to bypass the rigors of a listing exercise, but SGX has no choice but try to keep up with the market. We, as investors, have no choice but to rely on the SPAC sponsor to find a good company and then reward them (not sure for what) with a good promote shareholding! Chey! 

So it will be a tougher 2022 if SPAC takes off but let's see if it will and i may need to sign off as 

Happy IPO SPACing! 

To end off, here is wishing all IPO readers a healthy, prosperous and a hot IPO year!



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