IPO   

ELTA Limited

Doesn't seem like it at the moment leh...

Hope you are right though.

Vested.

 

Heard from my broker friends that there is mad scramble to cover the shorts this morning. Look to shoot up this afternoon! At least $0.55.

 

this should command  premium ..good luck to those vested

 

Anyone knows what is the grey market price?.

 

http://159.43.254.157/sgxnews/sgxnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20070808:SGX_11841

 

Approximately 12.8 time over subscribed which is 1.5 time more then China Hongcheng..

http://159.43.254.157/sgxnews/sgxnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20070808:SGX_11841

 

ETLA LIMITED (Miscellaneous :: Balloting Result)
http://159.43.254.157/sgxnews/sgxnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20070808:SGX_11841

 

This one is slightly better...Now for this ipo...grey price ?. hmm

 

Closing in less then 20 mins today 12 noon......last call. YA !

 

Closing on August 7th, 2007 (12 noon-Tues). See page 22... 

 

Just my personnal preference...i like this ipo on offer. A Contract Equipment Mfg for HDD and Medical Packageing ....STAG.

 

yes it's 7th Aug Tuesday. But trading is only friday 10th August.

timewatch i dont know how much exactly but i can give you a guide: 20 lots you will fall under the category 10 to 50 which is normally between 5-15 percent. Good luck

 

Closing on August 7th, 2007 (12 noon-Wed) ??

I believe it is 7th August, Tuesday.

 

if i buy 20000shares[at 9400$] through ATM what are my chances from 0-10.

 

Just look at Dutech and AscendasIndT yesterday on it 1st trading day..This one is as good. given yesterday drop by STI by -115 points or 3.3% fall.. (IPO Stuff is hot).

Worthy to subscribe base on it low PER and on a total of 38 million share on offer. Very difficult to get.

Issue prise - 0.47c. For Invitation Statistics...See page 40...is 7.1x  it PE Ratio. 

3,800,000  mil for public 

34,200,000 mil for placement

Total 38,000,000 shares is on offer

Closing on August 7th, 2007 (12 noon-Wed)

Trading expected is on August 10, 2007 (9.00 am)

(See page 22...)

 

hi teeth, good to see you posting again!

Must pray that the market will be fine during the debut.

 

A Contractt Equipment Mfg....this one sure win...STAG.

Underwriter:	DBS Bank Ltd	Registered Date:	01/08/2007
	Issue Manager:	DBS Bank Ltd

List of Associated Documents

You need Acrobat Reader to read the PDF Files

Date Document Type Document(Click to view/download) Document Status 01/08/2007 Prospectus ETLA Limited - Final Prospectus (Clean).pdf (2329 Kb) Registered

 

Thanks for the advice revenant,

The no of shares are very small. only 39 million available comparared to other companies listing between 60million to 100million shares. But public offfer is 3.8 million

Will bid for this.

 

Bid for it. If you like the business, hold it. If not sell on 1st day to take profit. Almost all IPOs launched this year have gained on 1st day.
 

 

Equipment manufacturer seeks listing. Any advice to stag in this red market?