IPO
Keong Hong IPO @ $0.24
Post Reply
1-6 of 6
Good luck, if one got it at IPO offer placement price, good to sell even if it has had traded between 0.27 to 0.31. think it may last a few more day B4 it start to go on a none interesting trading mode.
If your broker call you on this option 1 : Pre-IPO @ S$0.18, must subscribe min. of 1,000,000 @ total of S$180K or 2nd option : IPO placement of S$0.24 + admin fees with only 100,000 @ total cost of S$24,035.
On the day of IPO for option 1 only, you will be invited to gong the bell ceremony and join them for a lunch in 5 star hotel. The catch for option 1 on Pre-IPO must lockup of 1 yr, and can only sell on 15Dec2012. Which will you take ?
Yes, I 1000% agreed with Mr.Teeth53. I just get out, don't wish to hold this catalyst board for this moment, do doubt the prospectus read that every year prepare to give back dividend to shareholder. Every share IPO, all can gave all kind of promised. But at current situation of this cloudy and stormy economies, hold cash is better.
If one is not involve, don get involve...sign of time
get out 
Tis is a control stk, oni a small 27m shr placement is placed out in d name of IPO-ing...sell high -- YES, those bot high oso trying trying to sell higher high.
Placement of 27,000,000 New Shares at S$0.24 for each New Share, payable in full on application. None application to public, all private placement. 2nd board.
Keong Hong Construction IPO @ S$0.24. Trading 16 Dec 2011 9a.m.
Anyone care to comment ?
