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It a belated posting on it balloting result, better then nothing.
LeaderEnvironmentalBalloting.pdf
MISCELLANEOUS :: BALLOTING RESULTS OF INITIAL PUBLIC OFFERING
teeth thot - it 2nd day trading on coming Monday, range bound.
For today, most of the weak share holders took in profit as trading volume Vol:164,198,000
exceeded it ipo offered of Offering in respect of 116,500,000
teeth53 ( Date: 16-Jul-2010 07:57) Posted:
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balloting ratio was quite easy to get
commando ( Date: 15-Jul-2010 17:10) Posted:
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For a start and with some kopi money. On it 1st trading day. It closed off above water.
| LeaderEnv | CPF | 0.255 | 0.230 | 0.000 | 0.0 | Vol:164,198,000 | 945,000 | 0.230 | 0.235 | 2,759,000 | 0.275 | 0.225 |
teeth53 ( Date: 15-Jul-2010 23:01) Posted:
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back to ipo px..
| LeaderEnv | CPF | -- | 0.255 | 0.275 | 0.000 | 0.0 | Vol:48,550,000 | 6,723,000 | 0.270 | 0.275 | 3,415,000 | 0.275 | 0.255 | SERV | SGD | -- | LS9 | teeth53 thot - LS9_R |
2G Captial and Xu Han is two of d major players. They are also one million shares placed out to 21 share holders and another 45% or 60 players who applied for. a million shares through share balloting 99:99 Each can get, only 15,000 share.
Think is hot counter on opening, on it 1st trading day, estimate by a premium opening price a7 about 27c to 28c. Just my personnel opinion.
teeth53 thot - My Kimeng remiser this morning told me, this counter will stay above water for a start.
Leader Environmental Technologies Limited Expected Listing - 16/07/2010
("When Issued" basis)
This counter is expected to stay above water for a start and with some kopi money.
teeth53 - Just sharing my thot.
Din get any allotment of shares
if they are very well received, im sure it will have impact on china env.. china env had fallen from high of 60cts+ to now 24cts.. upside potential 100%
eeming45 ( Date: 15-Jul-2010 06:55) Posted:
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when will we kn the result of the balloting?
Does it hv any impact on ChinaEnv? Will it be its competitor ,,,, since they both doing samiliar biz ... it is based in the North & chinenv is south..
http://sg.uobkayhian.com/page/site/public/english/pdf/IPO_Leader0712.pdf (Fact Sheet)
Market Cap (post-IPO):
NTA per share (post-IPO): S$92.74m. S$0.11
Revenue Rmb ’000 yoy % chg
FY08 146,258 +45.3 (FY09 181,652 +24.2)Net profit Rmb ’000 yoy % chg
FY08 41,989 +5.8 (FY09 64.273 +53.1)The company, like any others in this industry. China will have to focus more on enviromental protection in the coming years. The only concern i have is more management style. Fact that this is a S-Chip and there is always some risk in invesment.
Leader Environmental Technologies Limited ("LET" or the "Company") is offering 116.5m shares (2 m public shares, 114.5m placement shares) at $0.21 each. The Company is an environmental protection solutions provider in China and is engaged in the R&D, manufacturing, assembly, installation and support services of environmental protection systems. It services include dust elimination, desulphurization.
Ernst & Young as auditor and is one of the remaining big 4 accounting firms, may bring some comfort than usual.
Assuming Earning Per share (EPS)
Growth by 25% in FY2010 and EPS will be 3.75 Singapore cents.
Based on 0.21 cents IPO price, company is listing at prospective PE of 5.60x.
A fair value of 8-10x will imply a price of 30c to 37.5c.
teeth53 thot - Recently last two (CCM and ES group) IPO-ed has received a flavourable response.
Leader Environmental Technologies Limited
Offered Closed - 14/07/2010
Expected Listing - 16/07/2010
("When Issued" basis)
See page 22 for OFFERING STATISTICS
commando ( Date: 08-Jul-2010 18:42) Posted:
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Opps - Sori it was offered at 0.21ct, my apologised.
Just my personnel opinion - Stag. Pls do ur home work 1st
can apply? any advice
http://masnet.mas.gov.sg/opera/sdrprosp.nsf/936bad13609791c948256b3e001ed49f/C372961B6CB8C85B4825775A00276815/$File/1.1%20Leader%20-%20Prospectus.pdf
Offering in respect of 116,500,000 Offering Shares comprising
91,000,000 New Shares and 25,500,000 Vendor Shares as follows:-
(a) 2,000,000 Offer Shares at $0.21 each by way of public offer; and
(b) 114,500,000 Placement Shares at $0.21 each by way of placement, payable in full on application.
Issue Manager, Underwriter and Placement Agent (Stirling Cloemen)
Applications should be received by 12.00 noon on 14 July 2010