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IPO - Neo Grp @0.30 cents

 Post Reply 1-18 of 18
 
Patkeane
    13-Jul-2012 11:59  
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Yes !!!! should load off going to drop below 0.40 cents soon lucky i load off mine this morning
 
 
tedsokny
    12-Jul-2012 13:42  
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those who stl hv this shld consider load off...
 
 
teeth53
    11-Jul-2012 21:14  
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Finishing @0.465 cts.

Op-0.465 Cls-0.465 Vol-17,137,000 55,000 0.465 0.470 177,000 Hi-0.490 Lo-0.450
 

 
sanuks
    11-Jul-2012 14:13  
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HUAT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
 
sanuks
    11-Jul-2012 14:12  
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Now .470 CENTS - " Bei Pai" .


Today's range (0.490 - 0.450) CENTS

...... Chiongggggggggggggggg.....
 
 
teeth53
    11-Jul-2012 09:42  
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Whao...Chap Chai Png fly off the shelf on opening...Boss no need to work so hard, work hard on stk trading for a start.

Kensonic77      ( Date: 03-Jul-2012 11:33) Posted:

Wah!  Chap Chai Mixed Rice ah...

 

 
teeth53
    11-Jul-2012 09:19  
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Is a small float, easy for just few several big players to buy up initally...Just be aware of distribution.

S$43.20 million mkt capitalisation based on the Issue Price and on post-Invitation share capital of 144,000,000 Shares.
 
 
teeth53
    11-Jul-2012 09:14  
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Opening @0.465cts -  take profit  and buying back cheaper when it goes off on  profiting by players.

Just sharing my thot - STAG, not an inducement to trade or vest in...Happi Trading.
 
 
dowcog
    11-Jul-2012 09:04  
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Donate but no get again... Haiz... 47c.. How hi can it go??

teeth53      ( Date: 03-Jul-2012 12:53) Posted:

Can try one luck @ATM, if interested, likely to donate $2/- to bank.

 
 
xing78
    11-Jul-2012 07:24  
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get your bullets ready.... :p
 

 
kissinvestor
    07-Jul-2012 02:23  
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I have done a detailed analysis and i am going to buy it..

You can view it  here  for anyone who is interested 

Dividends of 6+% and rags-to-riches CEO! Thumbs up!
 
 
sanuks
    03-Jul-2012 21:05  
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sanuks
    03-Jul-2012 21:01  
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Neo Group now owns and manages 3 catering companies and other food and beverage retail outlets in Singapore. Each brand bears the hallmark values of superior quality food, excellent service and affordability. This trinity has allowed Neo Group to establish itself in the catering industry and provides a strong fundamental strategy in all other ventures into F& B/leisure businesses.

Being the pioneer in the catering industry in many aspects the Group was the first to launch the mini buffet for 10 pax and also the first to provide the buffet express service that acts as a SOS for urgent orders. The Group has since enlivened the scene with all this innovative service and operation policies, setting catering standards at a higher benchmark and increases the customers’ expectation from caterers.

Through the years, the 3 catering companies have been growing and gaining a significant amount of the market shares, not easily satisfied with just steady growth, 2 of the companies undergo branding exercise to bring their identity closer to consumers and aid to attain 20 odd percent growth annually.

While firmly anchoring its forte in quality catering fares and highly effective operations, the Group also envisioned a wholesome approach in providing more consumer services that one needs during celebration. The Group embarked on aggressive expansion and ventured into other F& B related business such as wine and Japanese fare. The latest addition to the Group is a yacht chartering service.

The Group has gone from strength to strength and is proud to have paved the way for quality catering in Singapore and also raised the benchmark in the system and service in this industry.

sanuks      ( Date: 03-Jul-2012 20:29) Posted:

hey! hey! another IPO .........

 
 
sanuks
    03-Jul-2012 20:29  
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hey! hey! another IPO .........
 
 
teeth53
    03-Jul-2012 19:37  
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http://www.sgx.com/wps/wcm/connect/57a329004b9f6d46b597f7a840e5ede3/%2802a%29+Neo+Group+Offer+Document.clean.pdf?MOD=AJPERES& CACHEID=57a329004b9f6d46b597f7a840e5ede3

We intend to recommend and distribute dividends of not less than 60% of our net profi ts attributable to Shareholders in each of FY2013, FY2014 and FY2015.

To demonstrate their commitment to our Group, all our existing shareholders have each undertaken to have 100%, 70% and 40% of their respective shareholdings in our Company moratorised in the fi rst, second and third year from the date of admission of our Company to Catalist.

S$43.20 million market capitalisation based on the Issue Price and our Company’s post-Invitation share capital of 144,000,000 Shares.

Invitation  use of proceeds. Net proceeds -  5,000,000 (75.8%).

Professional fees - 1,000,000 (15.1%). 

Underwriting and placement commission and brokerage - 200,000 (3%).

Miscellaneous expenses (including listing fees) - 400,000 (6.1%).

Gross proceeds - $6,600,000 (100%)

 

 
 

 
teeth53
    03-Jul-2012 12:53  
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Can try one luck @ATM, if interested, likely to donate $2/- to bank.
 
 
Kensonic77
    03-Jul-2012 11:33  
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Wah!  Chap Chai Mixed Rice ah...
 
 
teeth53
    03-Jul-2012 11:27  
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LOCAL caterer. Neo Group Limited has launched an initial public offering (IPO) of 22 million new shares at 30 cents each for a Catalist listing on Singapore Exchange. The invitation shares on which constitute 15.3% of the group's enlarged share capital of 144 million shares - comprise

one million -  public-offer shares and 21 million - placement shares.

The placement shares " have already been oversubscribed" , according to Neo Group's executive director Elvis Lee. He also said there were no cornerstone subscribers as the company " spread out its investors" .

Closing Date: 09 July 2011 (Mon -12 noon). Expected Listing: 11 July 2011 (Wed 09:00 am)
 
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