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yeah I know recent high STI really making every crzy chasing the high.
indeed I do feel un-comfortable when peoples tend to throw away the fundamental.
indeed I do feel un-comfortable when peoples tend to throw away the fundamental.
Hi Yongjiu, I don't quite like their business and their board got no "familiar" names. Anyway, nowadays who really cares about "ethical trading" as reported in Tuesday WSJ, as long as there are $$ to be make, any lousy business can be in the top gainers if market sentiment or "manipulators" at work.
any way just tikam tikam hope will get something this round.
Hi rouge,
why you don't like this IPO?
is a small issue, the business nature or any other reason?
why you don't like this IPO?
is a small issue, the business nature or any other reason?
On a personal basis, I don't quite like this IPO. But all have to depends on the market sentiment and the big-boys la. My guess is will open high then sumbarine. Not an inducement to buy or sell.
this one got kopi money?
any news of grey market price.look at lorenzo(furniture) under water for so long after ipo.
Ok, Great! Then coffee will be on the house ; P
| Sitra Holdings (International) Ltd | |||||
| Issue statistics: | |||||
| Offer size: 24.0m new shares | |||||
| |||||
| Price: S$0.21 | |||||
| NAV per share (post-IPO): 8.65 cents | |||||
| Historical PE: 5.9x (FY05) | |||||
| Market Cap (post-IPO): S$16.59m | |||||
| Open: 8 Nov 2006 | |||||
| Close: 15 Nov 2006, 12.00noon | |||||
| Trading: 17 Nov 2006 (on "ready" basis) | |||||
| Lead Manager: Westcomb | |||||
| The company distributes quality wood-based products and lifestyle outdoor furniture carrying its own proprietary brands. It develops and markets two main types of products: a) wood-based products, such as decking, flooring and moulded products, as well as door and window components, and b) lifestyle outdoor furniture. It serves a global network of customers ranging from manufacturers, wholesalers and general retailers to specialist retailers and importers. Its prospects depend on the following factors: a) increasing consumer demand for lifestyle outdoor furniture and wood-based products, b) high import growth potential in the furniture industry of developed markets, and c) Singapore's position as an international furniture hub and government initiatives to enhance this position. | |||||
| Revenue grew 35.7% from S$43.3m in FY04 to S$58.7m in FY05. Due to higher sales, earnings rose 63.9% from S$1,195.0m in FY04 to S$1,959.0m in FY05. |
21 cents offer price, should have some kopi $
hmm....Thanks for the reply singaporegal and rogue. Anyway, i will be going in for it.
Pls no mention it. It all thanks to you that I can grasp the essence of TA. Furthermore, to be able to help my "shifu" is my blessings..
Thanks!
This counter is a brandcentric distributor of quality wood-based products and lifestyle outdoor furnitures carrying their proprietary brands.
I have not been keeping track of IPOs... what biz does this stock do?
Hi All,
Any comments on the coming IPO "Sitra"??