Post Reply
1-20 of 51
shoud not have allowed to list with so small percentage of shares open to public ...rich benefitting the rich...regulators had forgotten about the those cornered shares debacles..
Think those insituation might have off loaded some....
I mean only 2mil in public, so how much can they buy ? The share scrips have to be delivered no matter what.... I believe the placement shares were sold to the public if there is no holding period - so the next question is why benefit the institutions or individual in placing so high percentage to them.,...
They dont sell, they buy up lor....why sell, their is cheaper priced....
2 mil to public but trading vol is 22mil. So those priviledged institutions could sell the shares on first trading days - no holding period ?Money so easy to make ?
|
PEC |
0.730 | 0.730 | +0.010ct | +1.4% | 22,015,000 | 30,000 | 0.725 | 0.730 | 602,000 | 0.755 | 0.720 |
Offer size: 63.0m new shares
(Public Tranche: 2.0m shares) Placement Tranche: 58.3m shares (placed to instituties)
|
||||||||||||||||||
|
This banded trading price may end d way it traded for today (Friday) and for next week price may soften a little and depending on DOW. Those big boys may maintain price for a while before going either way. My tot back to IPO offer price...Not d way or even 50ct, Grey is oredi 0.60ct.
|
I have been in their line for some years and i do know the situation in this line. well, it is up to individual, i think their holding insituation is pushing up the price....will see in future if can hold...it is way way out my price for them...
teeth53 ( Date: 07-Aug-2009 20:21) Posted:
|
Just some simple fact why PEC is sold at 72 cent on opening....simple Bços pf low PE ratio
IPO Fact Sheet (
PEC Ltd)Issue statistics:
Offer size:
63.0m new shares (Public Tranche: 2.0m shares) Placement Tranche: 58.3m sharesReserved Tranche:
2.7m sharesPrice:
NTA per share (post-IPO):
Historical PE:
S$0.40S$0.492.8x (FY08)Market Cap (post-IPO): S$95.2m
Seem for some, it is fix in d mind sub-con no good one, not worth 0.40cent, anyway those grey price indicated other wise.....one never can tell and it cross 70ct on opening, all due to proper distribution by big boys. IPO fever is back and it good for our local industires to be listed successfully.
upforever ( Date: 05-Aug-2009 15:43) Posted:
|
Wah waterfalls your assumption very 'chun' 
Hope you're rite as regard to the last part! Cheers!
Hope you're rite as regard to the last part! Cheers!waterfalls ( Date: 04-Aug-2009 15:16) Posted:
|
today market seems to be cautiously optimistic. perhaps the news on UBS and seagate shaked some confidence, hehe
IPO, no hurry one, keyed in b4 12 today, n hv carlsberg to cool down. But today market bad leh? Could be HSI behind d scene. DJ future in Red. EU, some green now.Cheers.
not to worry for now. According to the indicative timetable: 6 Aug is the ballotting of applications in the event of over-subscription and 7Aug is the commencement of trading on "ready" basis , cheers :)
your better, mine just informed unsuccessful
upforever ( Date: 05-Aug-2009 14:37) Posted:
|
upforever..dun fret...u can also buy in open market on the very 1st trading moment of the opening day ma..good luck ya..
ronleech , LOL
ssshhhhh
PEC afraid you all later pull out mah...lol.....
sama sama. i used dbs vickers, and the status say provisionally filled subject to confirmation. so most likely won't get any more, will either get what is being provisionally granted, or lesser :(
my application status is provisionally filled.this is still subjected to confirmation by registrar..so it is not yet confirmed though they already deducted by money..
fyi...
fyi...
you mean so fast you know how many lots you get already? i thought we will only know by tmr 6 Aug.
Anyone know?
upforever ( Date: 05-Aug-2009 07:56) Posted:
|