tag:blogger.com,1999:blog-2558835596101121602.post8087841862091102633..comments2024-02-29T13:59:08.383+08:00Comments on Singapore IPOs: Astrea V - Balloting ResultsMr. IPOhttp://www.blogger.com/profile/16449331327581040185noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-2558835596101121602.post-64597842763333540552019-08-09T17:52:51.382+08:002019-08-09T17:52:51.382+08:00First of all, the legal maturity is 10 years but t...First of all, the legal maturity is 10 years but the scheduled maturity is 5 years. So you should treat this as a 5 year bond as there is a very very high chance that it will be redeemed at end of year 5 with a 0.5% extra bonus. <br /><br />Do your homework and stop reading HNZ other for entertainment :) - you must be comfortable with the credit risk. S&P issued a A+ rating and Fitch gave it Mr. IPOhttps://www.blogger.com/profile/16449331327581040185noreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-5992514420543393552019-07-29T16:27:50.081+08:002019-07-29T16:27:50.081+08:00Anyone still here?
I am thinking of buying $50,00...Anyone still here?<br /><br />I am thinking of buying $50,000 of this Astrea V bond at $1.038 from the open market.<br /><br />What are the chances/probability that this AstreaV bond will default and unable to redeem the bond after 10 years??<br /><br />Because I read the comments in the AstreaV bond's thread in the HardWareZone's money section and many forummners there said that this Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-26999111227358892452019-07-17T08:05:43.812+08:002019-07-17T08:05:43.812+08:00Yes. Www.sgx.comYes. Www.sgx.comMr. IPOhttps://www.blogger.com/profile/16449331327581040185noreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-387470178068162202019-07-17T00:04:27.573+08:002019-07-17T00:04:27.573+08:00Where do you get these ipo subscription rate detai...Where do you get these ipo subscription rate details from? Sgx website? Mr Lowhttps://www.blogger.com/profile/00979076439709855980noreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-32016537411058138992019-07-12T22:30:31.131+08:002019-07-12T22:30:31.131+08:00Yes. This weekend. :) sorry for the late posting Yes. This weekend. :) sorry for the late posting Mr. IPOhttps://www.blogger.com/profile/16449331327581040185noreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-17056120770111997332019-07-12T20:42:01.232+08:002019-07-12T20:42:01.232+08:00Hi Mr IPO! Are you covering the Prime US REIT IPO?...Hi Mr IPO! Are you covering the Prime US REIT IPO?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-59419456962286240732019-06-21T17:11:36.334+08:002019-06-21T17:11:36.334+08:00You would need to compute the yield to maturity fr...You would need to compute the yield to maturity from the point you buy. I think your computation is a ball park estimate which is fine. The most important thing is to remember that you are being redeemed at par at maturity. Sorry for the late reply.Mr. IPOhttps://www.blogger.com/profile/16449331327581040185noreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-40585180583298125032019-06-20T16:33:50.112+08:002019-06-20T16:33:50.112+08:00By the way, if I buy 10 lots of the Temasek 2.7% B...By the way, if I buy 10 lots of the Temasek 2.7% Bond from the open market at $1.022 today and becos this 2.7% bond already paid out 1 dividend 2 months ago, is it the actual dividend yield that I will get is 2.098%?<br /><br />Becos $270 yearly dividend times 4.5 years is $1215 and if I buy 10 lots at $1.022 today and redeem after 4.5 years means I lost $220 and $30 brokerage costs hence the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-6235672104806999622019-06-20T11:32:14.025+08:002019-06-20T11:32:14.025+08:00The 0.5% of your principal amount is a one time pa...The 0.5% of your principal amount is a one time payment made at redemption if Sponsor hits the Performance Threshold, ie receives 50% of its initial equity during the first 5 years. This has nothing to do with the 1% step up in interest rate. Hope that helps. Astrea III Class A-1 is a 3 year note and it met the threshold - so a 0.3% bonus will be paid in July this year. Mr. IPOhttps://www.blogger.com/profile/16449331327581040185noreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-20904635149615773602019-06-20T11:22:04.184+08:002019-06-20T11:22:04.184+08:00Isn't the interest payout fixed at 3.85% for t...Isn't the interest payout fixed at 3.85% for the first 5 years and only if they don't redeem at the end of 5 years then there is a additional step-up interest of 1% after the 5th year onwards?<br /><br />Hence what is this "good chance the bonus 0.5% will be paid at redemption after 5 years" which you wrote?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-23805949720431525362019-06-20T09:36:31.367+08:002019-06-20T09:36:31.367+08:00Did you apply twice or key wrong CDP account ? If...Did you apply twice or key wrong CDP account ? If you apply $49k and get nothing means your application is invalid. Mr. IPOhttps://www.blogger.com/profile/16449331327581040185noreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-21654040256475429002019-06-20T08:40:55.895+08:002019-06-20T08:40:55.895+08:00Yes. 2.4% sounds probably right. There is a good c...Yes. 2.4% sounds probably right. There is a good chance the bonus 0.5% will be paid at redemption as well Mr. IPOhttps://www.blogger.com/profile/16449331327581040185noreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-70462193647844096742019-06-20T08:27:25.511+08:002019-06-20T08:27:25.511+08:00I subscribed for 49k via OCBC and wasn't allot...I subscribed for 49k via OCBC and wasn't alloted any shares. $49k was deducted from my bank account on 16 June with a $2 processing fee, and then $49k was refunded to me fully on 19 June, I'm checking with OCBC and Astrea V team if there was an error in processing, anybody encountered the same?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2558835596101121602.post-88262429228242664642019-06-19T23:55:14.721+08:002019-06-19T23:55:14.721+08:00Assuming if tomorrow Astrea V trades at $1.06 on t...Assuming if tomorrow Astrea V trades at $1.06 on the SGX open market and if I buy 10 lots at $1.06, and assuming the online brokerage costs for this 10 lots purchase is $30,<br />is it the actual yield that I'm getting is 2.4365% if I buy 10 lots at $1.06 from the open market?<br /><br />Becoz yearly dividend of $385 times 5 years is $1925 and if I buy 10 lots at $1.06 and redeem after 5 Anonymousnoreply@blogger.com