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IPO Chilli Ratings

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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 ...

Collaborate with Mr. IPO

Updated as of 28 September 2017

Partnering with Mr. IPO

This blog was started on 07 Jan 2007 to research on companies listing on the Mainboard and Catalist. The original idea was to have a placeholder to record my own thoughts on whether i should subscribe for the shares of the IPO companies.

Over the years, this blog managed to attract investors, traders, brokers and punters who are keen to read about the independent but super-biased views of Mr. IPO on whether they should subscribe for those IPOs. The blog posts have also been shared in popular websites like Share Investment and forums like Hardwarezone and Shareinvestor.com. On some occasions, the research reports released by brokerage firms even bore a close resemblance to the articles written on this blog...

Traffic and Social Media

Mr. IPO's Facebook page currently has more than 6,500 followers and whenever there is a popular IPO, the blog attracts more than 25,000 unique visitors easily. The traffic really depends on whether there is live IPO and you can see the statistics here.



How Mr. IPO can help listing aspirants?

Mr. IPO would like to help companies listing on SGX and Catalist gain public awareness. Many IPO aspirants are too small or too new and local investors are not familiar with them. Mr. IPO can help in the following ways:
    • Feature a special introduction on the Company and its business activities on the blog
    • Feature a video interview with the CEO or CFO to discuss the business strategies and business plans
    • Invite Mr. IPO and his Facebook followers to the IPO roadshow and meet the CEO
    • Tap on Mr. IPO's extensive network and resources to find institutional investors or the minimum number of shareholders required.
    • Mr IPO will make sure listing aspirants don't fall foul of the pre-marketing rules 😆
Who should contact Mr. IPO?
  1. Sponsors or Corporate Advisory firms advising their clients for listing on SGX and Catalist
  2. Public relations firms who are helping their clients with the listing 
  3. Investors relations departments of Companies going for listing
  4. Deal makers who are helping the Companies on the share placement tranche
What Mr. IPO will or will not do

Mr. IPO will continue to do his usual write up on all IPO companies. His chilli ratings will continue to be independent but super-biased and he will continue to be transparent in his shareholdings (if any). His ratings will not be affected by whether he received any compensation for the posts. This is because he is not even sure if people will pay him to do an advertorial hahaha... but he wouldn't mind paying for the shares that he likes at the IPO subscription price.  

Please do not contact Mr. IPO if you think his chilli ratings can be purchased. Those who think that the chilli ratings can be bought may want to visit the wet market instead. He will not let the credibility he has painstakingly built up over the years to go down the drain. He fully understands that reputation takes 3 years to build but only 3 minutes to destroy it so he will not allow anything foolish to happen....

Mr IPO contact details

Mr. IPO can be contacted at 2ycapital@gmail.com. Please send the email using a suitable subject header so that it wouldn't end up in the junk box. Please leave a contact number so that he can call to discuss over phone or arrange to meet up for a cup of coffee to discuss ways in which he can be helpful.

Comments

Tanvi said…
Hi Singapore IPOs Team,

My name is Anuj Agarwal. I'm Founder of Feedspot.

I would like to personally congratulate you as your blog Singapore IPOs has been selected by our panelist as one of the Top 75 Singapore Investment Blogs on the web.

http://blog.feedspot.com/singapore_investment_blogs/

I personally give you a high-five and want to thank you for your contribution to this world. This is the most comprehensive list of Top 75 Singapore Investment Blogs on the internet and I’m honored to have you as part of this!

Also, you have the honor of displaying the badge on your blog.

Best,
Anuj