IPO   

Combine Will International at $0.23

The price wrongly, this IPO should price at S$0.2 la, the underwriter did not do homework la.

 

Combine Will...?. There is no Combine Will to buy, buy at ur one risk, guess on it's likely opening...????. price...

Err.....guess oni, half a ct to one ct up, then next moment come down liao, then stay below water for a while B4 staying closing to ipo-ed offer price. B4 end of trading closure more profit taking on price trading pressure. Guess....Down by 8%-10% or 2cents - 2.5cents.  

 

Now I'm not vested in tis ipo yet but I'm very tempted to get in becos Sino Construction I ka ka buy at opening bell & it was very easy, good kopi money for me becos it rose till around 3 cents above ipo price.

Anyone has any guess on it's likely opening price & closing price for this Combine Will ipo?

 

Li Heng last Friday tradingclosed at....Just for info sharing.[teeth53]

Li Heng

0.645

0.650

+0.005ct

+0.8%

13,986,000

348,000

0.645

0.650

257,000

0.665

0.640

bh704428      ( Date: 21-Jun-2008 01:53) Posted: Li Heng ipo I think is 1.02 times subscribed if I'm not mistaken. Li Heng opened at 82 cents, 2 cent above it's ipo price, I remember. AK_Francis      ( Date: 21-Jun-2008 01:39) Posted: 1.08, not a good sign. AK opine that it will like leheng, under moody market sentiment. Hence, next Mon, observe loh. AK view, basing on last few IPO incendences.

 

My tot said (jus my own opinion), can buy below water, IPO-ed prices od 0.23ct. A good strong but wrong timing, Sino-construction has it say oredi. after all whoever applied can get it, it indicated what..?. even if it can just stay above water, it cannot with stand market sentiment.

bh704428      ( Date: 21-Jun-2008 00:16) Posted: 1.08 is slightly higher than Sino Construction's. Btw, wat's yr guess on it's likely opening price & closing price on Mon? I'm a tempted to buy some on Mon morning..... zhuge_liang      ( Date: 21-Jun-2008 00:00) Posted: The Invitation was approximately 1.08 times subscribed. The shares will commence trading on June 23.

 

Li Heng ipo I think is 1.02 times subscribed if I'm not mistaken. Li Heng opened at 82 cents, 2 cent above it's ipo price, I remember.

AK_Francis      ( Date: 21-Jun-2008 01:39) Posted: 1.08, not a good sign. AK opine that it will like leheng, under moody market sentiment. Hence, next Mon, observe loh. AK view, basing on last few IPO incendences.

 

1.08, not a good sign. AK opine that it will like leheng, under moody market sentiment. Hence, next Mon, observe loh. AK view, basing on last few IPO incendences.

 

1.08 is slightly higher than Sino Construction's.

Btw, wat's yr guess on it's likely opening price & closing price on Mon?

I'm a tempted to buy some on Mon morning.....

zhuge_liang      ( Date: 21-Jun-2008 00:00) Posted: The Invitation was approximately 1.08 times subscribed. The shares will commence trading on June 23.

 

The Invitation was approximately 1.08 times subscribed. The shares will commence trading on June 23.

 

francis,

can share why u said this ipo seems got potential?

AK_Francis      ( Date: 13-Jun-2008 00:11) Posted: though not keen on IPO nowadays during the buoyant market, but this burger seems got potential, moreover its cheap. see how market goes first, may tikam some for fun. AK stop IPO since last Nov leow.

 

though not keen on IPO nowadays during the buoyant market, but this burger seems got potential, moreover its cheap. see how market goes first, may tikam some for fun. AK stop IPO since last Nov leow.

 

China-based plastic and die-cast products maker

With 6 plants in Dongguan and Heyuan in Guangdong Province, Combine Will is a leading producer of plastic injection and diecasting moulds in southern China. It supplies car makers such as Honda, Volvo and General Motors, as well as auto parts makers such as Valeo, Delphi and Faurecia.Combine Will International Holdings launched an IPO of 88 million new shares at $0.23 each for a mainboard listing. 83 million of the shares are placement shares, with only 5 million available for public subscription. The shares represent 26.8% of Combine Will's enlarged share capital of 328 million shares. The offer is priced at a ratio of 10.1x '06 earnings, based on the pre-offer share capital of 240 million shares.