IPO   

Mother of all IPOs - Hutchison Port Holdings Trust

Short ahhhhhhhhh...........

 

welcome to stock mkt!!!  

 

I dont dare to load anything during this times. Just see look see look update own research better than loading the unknown factor. Wish u all good luck, i love u all. Kiss kiss...

 

Credit Suisse says HPH Trust (NS8U.SG) could peak within two weeks of its debut this afternoon, based on GLP (MC0.SG) and CapitaMalls Asia’s (JS8.SG) historical share price performance. The house says on its IPO price of US$1.01 ($1.29), HPH Trust would have a market cap of $11 billion, the 18th-largest stock in Singapore, and is expected to be included byMSCI to its indices, with an announcement possibly by this evening. The house notes GLP and CMA were both included by MSCI immediately upon listing GLP jumped 11% on its debut while CMA rose 8%. “GLP peaked on the 10th trading day (+18% over the IPO price), one day before being effectively included in the MSCI index. CMA peaked on the 14th day (+27%) over its debut, two days after being included in the index. Interestingly, both GLP and CMA returned nearly all their outperformance within 100 days post their debut.”

 

Short, arhhh........your opportunity to get it cheaper than ipo.

 

aya..Dua Liap...but not Dua Hoop(Volume)...this listing has huge vol held by institutional investors...easily manipulated by them if they get their act together leh!! :P

niuyear      ( Date: 18-Mar-2011 11:54) Posted: Dont attempt to short.  Short at own risk.  Becos the vestors are  dua liap.  Unless i am wrong. :)

 

I never short. Firstly, not " friendly" . But so that you all have the info, this is what I got from a source.

March 18 (Bloomberg) -- Shares of Hutchison Port Holdings Trust, which will own port assets in Hong Kong and China from Li Ka-shing’s Hutchison Whampoa Ltd., traded at 98 U.S. cents yesterday in gray market transactions brokered by BTIG Hong Kong Ltd., said Christian Kielland, managing director at the firm.

That’s 3 percent lower than the IPO price of $1.01.

niuyear      ( Date: 18-Mar-2011 11:54) Posted: Dont attempt to short.  Short at own risk.  Becos the vestors are  dua liap.  Unless i am wrong. :)

 

Dont attempt to short.  Short at own risk.  Becos the vestors are  dua liap.  Unless i am wrong. :)

 

At the current market sentiment and with the IPO price at the high side, above US$1, the upside may be limited even if it goes up this afternoon.

 

Published March 18, 2011

Hutchison Port may make weak debut Analysts say fears of Japan's N-crisis are spooking markets   (SINGAPORE) Hong Kong billionaire Li Ka Shing's Hutchison Port Holdings Trust's US$5.5 billion initial public offering is expected to make a weak debut in Singapore today, as ongoing concerns about Japan's nuclear crisis spook global markets.   Mr Wong:  He says that Hutchison was a bit lucky as it was priced before the Japan earthquake Hutchison Port, a unit of Hutchison Whampoa, priced its IPO at US$1.01, the middle of its indicative range of US$0.91-US$1.08, making it South-east Asia's largest stock offer and the biggest in Asia so far this year. Units of Hutchison Port may drop as much as 3 per cent on its first day of trading, analysts and traders said. 'Hutchison's IPO may be clouded by ongoing fears about a nuclear meltdown in Japan. Its performance may also be affected by Japan and China's trade shifts following the earthquake. As such, sentiment may be against Hutchison,' said Lin Jin Shu, an analyst at SIAS Research. Fears that Japan's nuclear crisis may worsen come on top of worries about escalating tensions in the Middle East, undermining investor confidence and sparking a sell-off in Asian equities in the last few sessions. Both the Straits Times Index and Asian shares outside of Japan have also dropped about 4 per cent since Friday when a massive earthquake struck Japan. 'Hutchison was a bit lucky as it was priced before the Japan earthquake. It should open weakly,' said Wong Kok Hoi, chief investment officer of Singapore-based APS Asset Management, which manages US$2 billion. However, weakness in Hutchison Port's stock price may be a good time for investors looking for yield plays and an exposure to China's booming trade to scoop up its shares. Hutchison Port owns and operates ports in Shenzhen and Hong Kong and is aiming to cash in on a recovery in global trade and provide investors with access to China's booming infrastructure business. At the offer price of US$1.01, the trust offers a yield of about 5.8 per cent based on its forecasted distribution per unit (DPU) of 5.9 cents for 2011. This compares with a yield of around 7 per cent offered by many Singapore-listed business and property trusts. Kevin Scully, managing director at NRA capital, said he expects Hutchison Port's DPU to grow in the coming years. 'They have capacity expansion coming on this year and in 2015 so that will support future DPU growth. The underlying business of container ports in Hong Kong and Shenzhen and three river ports offer good exposure to the booming Chinese economy,' said Mr Scully. The IPO, which takes the form of a business trust, had attracted cornerstone investors including Singapore's investment company Temasek Holdings, US hedge fund manager Paulson & Co and fund manager Capital Research and Management, which had committed to pour in US$1.6 billion in the deal. DBS, Deutsche Bank and Goldman Sachs are joint bookrunners and issue managers for the offering. JPMorgan, UBS, Barclays, and Morgan Stanley are among co-lead managers. -- Reuters

 

It will be a trap to short... lol...

 

Juz SHORT at 5% above watever price when it open lah!!!! :P

 

The best policy is when in doubt, do nothing.

That is exactly what I did. Dare not to apply

for the IPO.

 

Walau, so easy to get it.

Whoever applied for the IPO will not go empty handed.

Is it good or bad. Well, wait for 2pm to see whether you

win or lose. Cheers and good luck

 

Although those analyst mention that it will be down a few percent... But my guess it will be closing up 10%... lol...

 

Can wait 5% below IPO price.  Likely can get.

wishbone      ( Date: 18-Mar-2011 10:40) Posted: Get ready at 2pm today. Good Luck.   knightrider      ( Date: 18-Mar-2011 09:36) Posted: " Ti si" start ?

 

Get ready at 2pm today. Good Luck.

 

knightrider      ( Date: 18-Mar-2011 09:36) Posted: " Ti si" start ?

 

" Ti si" start ?

 

Hutchison Whampoa’s global initial offering of its port trust was about 3 times subscribed, according to a Hong Kong stock exchange filing. The trustee allocated 36.4 million additional units to the preferential offering to Hutchison shareholders, it said.

 

和 记 港 口 控 股 信 托 （ HPH Trust） 首 次 公 开 售 股 的 价 格 最 终 定 在 1.01美 元 ， 总 共 将 筹 集 55亿 美 元 （ 70亿 新 元 ） 。 这 个 价 格 与 上 星 期 市 场 传 言 的 一 样 。

　 　 信 托 在 全 球 将 总 共 发 行 37亿 9555万 股 ， 基 础 投 资 者 认 购 16亿 股 。 上 市 后 ， 和 记 港 口 控 股 信 托 的 市 值 将 是 88亿 美 元 。

　 　 对 于 本 地 投 资 者 来 说 ， 相 应 的 价 格 是 1.294新 元 。 根 据 之 前 宣 布 的 每 股 1.383新 元 （ 汇 率 是 1美 元 兑 1.2806新 元 ） 认 购 价 ， 他 们 将 能 获 得 每 股 约 8.9新 分 的 退 款 。

　 　 信 托 在 招 股 书 中 表 示 ， 将 分 别 于 2011年 和 2012年 派 发 每 股 5.9美 分 和 6.59美 分 的 股 息 ， 根 据 1.01美 元 的 股 价 ， 这 两 年 的 回 报 将 分 别 是 5.8％ 和 6.5％ 。

　 　 分 析 师 认 为 ， 这 个 价 格 将 使 其 收 益 率 更 加 吸 引 人 ， 也 反 映 了 全 球 市 场 目 前 更 大 的 波 动 性 以 及 不 明 朗 性 。

　 　 彭 博 社 对 分 析 员 调 查 显 示 ， 在 香 港 挂 牌 的 码 头 业 者 中 国 招 商 控 股 （ China Merchants Holdings International Co.） 以 及 中 远 太 平 洋 （ Cosco Pacific） ， 今 年 的 股 息 收 益 率 将 低 于 3％ 。 在 新 加 坡 挂 牌 的 商 业 和 房 地 产 信 托 的 收 益 率 是 7％ 左 右 。

　 　 和 记 港 口 控 股 信 托 预 计 会 于 今 天 宣 布 新 股 认 购 情 况 ， 并 将 于 本 月 18日 在 新 交 所 主 板 挂 牌 。

 

Balloting results: here