Let's talk stocks & IPO

[kenntona]

Re: Let's talk stocks & IPO

hmm ...

both tranches are fungible..it can be bought and sold in either denominations.. eg buy 1000 shares USD + 1000 shares SGD ... CDP will reflect as 2000 shares of HPH to u... u have the freedom to sell or buy in SGD/USD ...

I am wondering now if the price of SGD and USD tranch is independent of each other(ie treat it like 2 different shares in similar sectors eg SembMarine Keppel)... SGX also nv say if there are market makers for it to...and how if USD depre how will it affect the SGD tranche

It will not be like two individual securities - like share vs ADR or like CLOB days, local vs foreign.

No, it will be two counters but same stock, just different currencies.

My understanding is that it will be two securities shown on your CDP statement - SGD and USD. If you have both, say 100 lots each, you can sell 200 lots in either tranche. This is pending more clarifications from SGX-ST.

 

[ipoh-horfun]

Re: Let's talk stocks & IPO

lets all remember the below

News Headlines

If no bull we find him.... knn

 

[wt_know]

Re: Let's talk stocks & IPO

hmm ... time to sell when analyst start shouting bull?

lets all remember the below

News Headlines

If no bull we find him.... knn

 

[hoks]

Re: Let's talk stocks & IPO

Bull only running in US, the rest of the world?

 

[ipoh-horfun]

Re: Let's talk stocks & IPO

bumitama ipo zai?

 

[ipoh-horfun]

Re: Let's talk stocks & IPO

Bumitama's S'pore IPO draws strong demand

 

[st8800]

Subscribed liao... 33 times over subscribed... Knn, low chance.

 

[ktnpl]

Re: Let's talk stocks & IPO

If the allotment is the same as Hyflux, every applicant will get a small fraction of the number you applied.

 

[ipoh-horfun]

Re: Let's talk stocks & IPO

let whack the damm stock like cordlife.... cheong ah

 

[ktnpl]

Re: Let's talk stocks & IPO

Thanks for the heads up. I have applied for Bumitama today since I am on 100% cash prior to the application. I think most of us will get 1 lot out of for every 30 lots that we applied.

 

[st8800]

Cordlife I also got zit. IPO I no luck. Rights issue better.

 

[Jadis]

Re: Let's talk stocks & IPO

While applying for Bumitama IPO, I saw another IPO Civmec, what is this?

 

[kenntona]

Re: Let's talk stocks & IPO

Civmec = integrated multi-disciplinary construction and heavy engineering services provider to the oil and gas, mining and other industries, such as the infrastructure, utilities, chemical and power industries. The Company provides heavy engineering and other services including fabrication, site civil works, pre-cast concrete and maintenance services.

 

[ktnpl]

Re: Let's talk stocks & IPO

As far as I remember, construction related companies never do well after listing.

 

[st8800]

Bumitama can whack... should be like cordlife....huat arh!

 

[ipoh-horfun]

Re: Let's talk stocks & IPO

bumitama should chiong....

 

[kenntona]

Re: Let's talk stocks & IPO

Everyone would wanna run the first baton in a 4x100 race, but we know we will not.

So everyone tries to be the second or third runner, especially buying from secondary market after massive gap up.

Just avoid running the last baton, cause no one will take over your baton. It is musical chair in reality.

 

[ipoh-horfun]

Re: Let's talk stocks & IPO

how do u tell last baton?

wht about buying indo agri, mewah or other cpo related stocks ?

 

[kenntona]

Re: Let's talk stocks & IPO

how do u tell last baton?

When you are hopeful (buy high hope to sell higher) of a fifth baton......

IPO can get, fine. Chasing in secondary market is the scary part.

wht about buying indo agri, mewah or other cpo related stocks ?

The IPO is priced at a price-earnings ratio of 11. In relation to listed comparables, CIMB said First Resources is currently trading at a ratio of about 11.8, and Golden Agri at a ratio of around 11.

 

[Luboil]

Re: Let's talk stocks & IPO

Forget about IPOs.
Buy all Myanmar related counters.....shall see good returns in the months ahead