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End at 0.33cents.
| Kreuz | -- | 0.330 | 0.330 | 0.000 | 0.0 | Vol-76,972,000 | 2,251,000 | 0.330 | 0.335 | 832,000 | 0.345 | 0.320 |
1 lot only? ok that's really KOPI $$ :P
$330-$270-$2(ipo fee)-$25(sell commission)=$33 !!!! gosh..... :P
terencefok ( Date: 29-Jul-2010 09:45) Posted:
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Remember to take profit. Start of at 0.33ct go to a hi of 0.345c and lo of 0.32c
| Kreuz | 0.330 | 0.325 | 0.000 | 0.0 | Vol:39,664,000 | 585,000 | 0.325 | 0.330 | 1,386,000 | 0.345 | 0.320 |
| 08:59:01 | 0.330 | 5,852,000 | A |
teeth53 thot - end of the day more on profit taking. 1st hour / 1st day volume is encourageing
teeth53 ( Date: 28-Jul-2010 21:30) Posted:
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KREUZ HOLDINGS' IPO ATTRACTS STRONG INTEREST FROM INSTITUTIONAL AND RETAIL INVESTORS. (just done a quick scan - did't shown who are those BBs)
Just my guess - Fair value can be at low end of 10 times or at about 0.35cents
Based on recent others post IPO listed. Share has been traded down - this IPO is good only for a STAG (remember to take profit).
APPLICATION RESULTS
The Board of Directors of Kreuz Holdings Limited (the “Company”) is pleased to announce that, as at the close of the Application List at 12.00 noon on 27 July 2010, there were 4,039 valid applications for the 4,500,000 Offer Shares available to the public for subscription. In total, these applicants applied for an aggregate of 386,915,000 Offer Shares, with application monies received amounting to approximately S$104.5 million.
Of the applications received for the 75,500,000 Placement Shares (including the Internet Placement Shares and the Reserved Shares), applications for 9,000 Placement Shares were invalid. These 9,000 Placement Shares were therefore included as Offer Shares made available for subscription by the public. Accordingly, 75,491,000 Placement Shares (including the Internet Placement Shares and the Reserved Shares) have been validly subscribed for, with application monies received for these Placement Shares amounting to approximately S$20.4 million.
Based on the total Invitation size of 80,000,000 New Shares and total valid applications amounting to 462,406,000 New Shares (comprising valid applications received for 386,915,000 Offer Shares and 75,491,000 Placement Shares) and excluding New Shares allotted to the prescribed parties under Rule 428 (as described below), the Invitation was approximately 5.7 times subscribed.
Balloting resulted.....
http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20100728:nSN7S62231
btw, is it called /spelt gray price or grey price?
becos my broker he always spelt it as GRAY price in his smses to me when he's refering to ipos
oceanblue ( Date: 28-Jul-2010 18:07) Posted:
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U get it. U R lucky, remember don't hold it too long.
This is classic deal where by a listed company Swiber GRP "spun out"
Boss owner now must be LOL said everythings is so good.
I can only read as the owner and major shares holders enjoying the full benefit of tapping and using public to fund their on going expansion. (Basically to earn more money into their pockets and for further expansion).
Swiber will own aboout 63.2% of Kreuz
PER (see page 28)
Historical PER based on the adjusted EPS of our Group for FY2009 6.92 times
Historical PER based on the adjusted EPS of our Group for FY2009, assuming 6.42 times
the Service Agreements had been in place since 1 January 2009.
Just my guess - Fair value can be at low end of 10 times or at about 0.35cents
Based on recent others post IPO listed. Share has been traded down - this IPO is good only for a STAG.
teeth53 ( Date: 22-Jul-2010 22:36) Posted:
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This is classic deal where by a listed company Swiber GRP "spun out" its profitable subsidiary (Division) to raise more funds for expansion.
The Group in general works through main contractors (including the Swiber Group) to provide services to end-customers who are major oil and gas companies. Book order as of the prospectus was approximately US$ 133.2m. The order will be completed between 5 to 60 months.
Possible upside potential is limited as Ezra and Swiber are trading at 10-12x PE Ratio.
I can only read as the owner and major shares holders enjoying the full benefit of tapping and using public to fund their on going expansion. Post IPO, Swiber will own aboout 63.2% of Kreuz.
Based on recent others post IPO listed. Share has been traded down - this IPO is good only for a STAG.
ISSUE STATISTICS. See page
RISK FACTORS. See page
Investing in the Shares involves risks which are described in the section entitled “Risk Factors” of this Offer Document. In particular, you should note the risk factor entitled “We are reliant on the Swiber Group which is our major customer”.
3128Invitation in respect of 80,000,000 New Shares:
(a) 4,500,000 Offer Shares at S$0.27 each by way of public offer; and
(b) 75,500,000 Placement Shares by way of placement, comprising:
(i) 55,200,000 Placement Shares at S$0.27 each for applications by way of Placement Shares Application Forms (or such other forms of applications as the Placement Agent deems appropriate);
(ii) 300,000 Internet Placement Shares at S$0.27 each for applications made through the internet website of DBS Vickers Securities (Singapore) Pte. Ltd.; and
(iii) 20,000,000 Reserved Shares at S$0.27 each reserved for our Directors, employees, business associates and those who have contributed to the success of our Group, payable in full on application