IPO   

IPO-ing. what U should look out for...

Dun ever buy IPO , if you believe you can make money out of it when the original venture capitalist has already sucked neat and sweet for you to sit in for good.

 

I want nobody nobody but you,

 

if you sing it for IPO or even the night before IPO got listing after you applied ATM, most likely the WONDERGIRLS have left from South Korea to avoid North Korea arty attack. You are still dreaming Mr Kim is making peace.

 

This IPO got N.M. (No Meaning). Why dun they list some where else, not here lah...

where got pple's selling like that one, the more I read through, more "Bo Twee Pee" (Something not right lehh)

Expensive Neber nind then again came from the same flock that they bot over in 2007, and

now 2010, the same pple's is selling even more expensive then before in the name call IPO (on offer).

Beware dun get burnt by been naive, best dun touch. Leave this "hot potato" to d Angmo to hop this baby.

 

Take look at the IPOs listed in the SGX in the recent months and determine how many  have submarined and how many have just above water marginally. Only one or two really have gained much.


 

 

Amtek Engineering IPO public offering price at S$1.30c

For more info: NM (No Meaning)

http://masnet.mas.gov.sg/opera/sdrprosp.nsf/936bad13609791c948256b3e001ed49f/0A7A15AA0650AB29482577E5001336BB/$File/2.1.1%20Prospectus%20of%20Amtek%20Engineering%20Ltd%20dated%2024.11.2010.PDF

teeth53 thot - I see it as submarine counters, take more care now then before as private equity investors is unloading a lot of their debts in order to reward themselves and pass this so called IPO to the public to pick up, by Standard Chartered Private Equity, CVC Capital Partners and the company management, which teamed up to buy the company in 2007, Daniel Yeong Bou Wai CEO of Amtek is brought in, (Formerly GES -GM).  At 4.4x book will U want to subscribe ??.

http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=1970&msgbdName=Amtek&topicTitle=Amtek Engineering

Concurrent owner is CVC and partners who bot over amtek to delist and now it is rewarding themself 1st. Re-listing Amtek at rather at more expensive px.

 

Tks for the info.

enghou      ( Date: 25-Nov-2010 17:00) Posted: Hi Anthony, what I can gauge from here is MS has a duty as one of the underwriters to stabilize the share prices in the 1st few days after listing should prices fall below its IPO price.  this 30m shares are borrowed from the vendors should the response to the IPO offer is good, this extra 30m shares will be allotted to subscribers. of course, MS will get a fee for providing such services which should cover under the underwriting agreement between MS and the IPO company.   Make love more, don't make more enemies

 

Hi Anthony,

what I can gauge from here is MS has a duty as one of the underwriters to stabilize the share prices in the 1st few days after listing should prices fall below its IPO price. 

this 30m shares are borrowed from the vendors

should the response to the IPO offer is good, this extra 30m shares will be allotted to subscribers.

of course, MS will get a fee for providing such services which should cover under the underwriting agreement between MS and the IPO company.

 

Make love more, don't make more enemies 

 

The vendor has granted M.S. an over-allotment option of 30 million shares

in undertaking stabilising actions.The share price was not mentioned in this

respect. Is it $1.30 per share?  Anyone can share? If  the share price is very

much lower than the offer price of $1.30, than M.S. has the upper hand lor.

Different level ball game.

 

 

 

 

Amtek Engineering IPO public offering price at S$1.30c

For more info:

http://masnet.mas.gov.sg/opera/sdrprosp.nsf/936bad13609791c948256b3e001ed49f/0A7A15AA0650AB29482577E5001336BB/$File/2.1.1%20Prospectus%20of%20Amtek%20Engineering%20Ltd%20dated%2024.11.2010.PDF

Amtek Engineering. The Offering (as defined) consists of  200,000,000 Offering Shares (subject to the Over-allotment Option) (i) an international placement of 180,000,000 Offering Shares (the “International Offering”) to investors, including institutional and other investors in Singapore and

(ii) an offering of 20,000,000 Offering Shares to the public in Singapore (the “Public Offer”,)

In connection with the Offering, the Vendor has granted Morgan Stanley Asia (Singapore) Pte., as stabilising manager (the “Stabilising Manager”), on behalf of the Underwriters, an over-allotment option (the “Over-allotment Option”) exercisable in whole or in part on one or more occasions from the commencement of the dealing in the Shares (the “Listing Date”).

30,000,000 Shares (the “Additional Shares”) (representing 15.0% of the total Offering Shares) in undertaking stabilising actions.

Date and Time Event

Nov 24, 2010, 5.00 p.m. Opening for the Singapore Public Offer

Nov 29, 2010, 8.00 a.m. Closing for the Singapore Public Offer

Dec 1, 2010, 9.00 a.m. Commence trading on a “ready” basis

 

For more info: http://masnet.mas.gov.sg/opera/sdrprosp.nsf/936bad13609791c948256b3e001ed49f/0A7A15AA0650AB29482577E5001336BB/$File/2.1.1%20Prospectus%20of%20Amtek%20Engineering%20Ltd%20dated%2024.11.2010.PDF 200,000,000 Offering Shares (subject to the Over-allotment Option) Price: S$1.30 Amtek Engineering. The Offering (as defined) consists of (i) an international placement of 180,000,000 Offering Shares (the “International Offering”) to investors, including institutional and other investors in Singapore and (ii) an offering of 20,000,000 Offering Shares to the public in Singapore (the “Public Offer”,) In connection with the Offering, the Vendor has granted Morgan Stanley Asia (Singapore) Pte., as stabilising manager (the “Stabilising Manager”), on behalf of the Underwriters, an over-allotment option (the “Over-allotment Option”) exercisable in whole or in part on one or more occasions from the commencement of the dealing in the Shares (the “Listing Date”). 30,000,000 Shares (the “Additional Shares”) (representing 15.0% of the total Offering Shares) in undertaking stabilising actions. Date and Time Event Nov 24, 2010, 5.00 p.m. Opening for the Singapore Public Offer Nov 29, 2010, 8.00 a.m. Closing for the Singapore Public Offer Dec 1, 2010, 9.00 a.m. Commence trading on a “ready” basis

 

Refreshing page....

teeth53

IPO-ing. what U should look out for...

 

Something to share with...from, and also what to look out for in IPO ?.

http://www.bing.com/search?q=STX+OSV+ipo+offer&form=MSNH82&mkt=sg

ShareJunction - Forum Topics

 

Some of the pro and con comment from....CNA/mkt talk on Shareinvestor (SI).

http://forum.channelnewsasia.com/viewtopic.php?t=382861&postdays=0&postorder=asc&start=0

 

While this Sharesjunction forum is free of charge (FOC) to our blessing - do support, hoping with best regards,

Hope admin can review / reorganize it own IPO forum main page to better reflect on it strong and weak points, for eg - highlighting with a bar to indicate it offer price, it 1st traded day closing with % gain/loss, 1st week and or 1st mth closing with a (green ^ indicate for with % gain and red v indicate for with % loss and blue = indicate prices remain unchange ).

Today , Straits Times (Nov 7, 2010 - Sun)page 11 -home page, it published it very own version of "That IPO ?"

It own version is own by SPH. http://forum.shareinvestor.com/forum/forum.php

Noted - Shareinvestor, has to pay for by subscribing to become member.

 

Like i said B4, why SGX would like to go for ASX mega deal.

UBS & DBS Bank (joint lead mgrs) for Yangzijiang Shipbuilding IPO is S?pore's largest so far this year. And more choices are in the offing. 'The reason is that the foreign merchant banks have finally realised that there is a really huge Sing dollar deposit base in Singapore that is extremely hungry for 4-5% interest-yielding. In today, a more volatile market environment, yield-driven structures such as Reits and business trusts will continue to do well.

Related link.

• 20. On global gaming, Aussie dollar and SGX-ASX merger The Star - 06 Nov 08:00
• On global gaming, Aussie dollar and SGX-ASX merger The Star - 06 Nov 07:47
• SGX bid not against national interest: ASX Business Times - 03 Nov 00:07

 

Just for sharing / refreshing on what ipo mean for....hope it help those who wanted to find some answer to question that always appear when new ipo is on offering.

With Best Regards

Tee  

 

So far so good......With my Remiser tot (talk/recommendation). I touch on this one (STAG on the 1st day), ChinaFibreT  (Hold) and most recently on Trumpdragon (Stag on 1st day).

Personnal info oni, not an inducment to buy /sell.

178investors      ( Date: 09-Apr-2008 21:35) Posted: teeth53, you apply any ipos in 2008. I hv not touch a single ipo issue this year. Looks like cheaper to buy after listed. So i did not bother to read any ipo prospectus this year. Very taxing on the eyes reading all those thick propectus but it is best to read them like you said before investing. You and zhugeliang are both kings of ipos... never fail to let us know of all upcoming ipos... thx.

 

Ha, ha, datz a good one.  

Teeth, you took the trouble to write the first post here; so nice of you.  

Stupidbear      ( Date: 10-Apr-2008 10:58) Posted: IPO = It's Probably Overpriced

 

10cent upside, no bad kopi money leh.

 

Please read this..it may help U to decide 1 or don't 1 to.....

http://extraordinaryprofits.blogspot.com/2008/04/china-eratat-sports-ipo.html

 

So far, grey px have not been know to me, i just tompang along...Just my guess, got kopi $$$, may ask gery px closer to the Apr 15, 2008. (Tues). Expecting trading start on Apr 17, 2008.