Post Reply
21-39 of 39
That is for forumer who started another ValueMax IPO forum.
sgtrader101 ( Date: 29-Oct-2013 21:50) Posted:
|
According to balloting, 1-9 lots only allocated to 1 (if you are lucky). Wow..... Applied 2 get 2, really super lucky loh.
ValueMax - Balloting Results.
1 to 9 lot applied. Ratio-3:99, (1-lot) 1.19% pax- 61
10 to 49 lot applied. Ratio-6:99, (2 lots) 10.19% pax- 260
50 to 99 lot applied. Ratio-9.99 (4 lots) 9.56% pax- 122
100 to 499 lot applied. Ratio12:99 (8 lots) 46.86% pax- 299
500 to 999 lot applied. Ratio-15:99 (18 lots) 14.10% pax- 40
1,000 lot applied and above. Ratio-22:99 (28 lots) 18.10% pax- 33
teeth53 ( Date: 29-Oct-2013 21:37) Posted:
|
ValueMax - Balloting Results.
ValueMax.BallotResults.pdf
http://infopub.sgx.com/FileOpen/ValueMax.BallotResults.ashx?App=Announcement& FileID=261682
The Invitation was approximately 6.3 times subscribed.
ValueMax IPO closes yesterday after noon, and will commence trading 30 Oct, 9am on SGX Mainboard.
Today morning there were forumers indicated at ard 08:30 am applied 2 lots, got 2lots.
So early can let application appliers know how many lots kena men..??????. (2nd day morning lehh)
Today morning there were forumers indicated at ard 08:30 am applied 2 lots, got 2lots.
So early can let application appliers know how many lots kena men..??????. (2nd day morning lehh)
Phillip Securities' initiation on MoneyMax provides color on the Spore pawnbroking segment. The industry has seen an increase in the number of pledges received from 2.8m in 2009 to 4.0m in 2012, at a CAGR of 13.0%. The amount of loans given out by pawnshops in value has more than doubled since 2009 with a 3-year CAGR of 52.2%, from $2.0b to $7.1b by CY12. Loans given out by Pawnbrokers have grown at a CAGR of 19.7% in the last ten years. ValueMax IPO closes today noon, will commence trading 30 Oct, 9am on SGX Mainboard.
not 200 outlet, they got 20000 outlets over the world
New123 ( Date: 26-Oct-2013 12:18) Posted:
|
expensive compared to the previous 2 at 30 cts.
has 200 outlets, $450M revenue , Profit of 16M +, Dividend of 50% Net profit to be given for 2013 - 2015(abt 1.3 - 1.5 cents per share). Nav of 27 cents. Think first day trading may hit 65 - 70 cents.
teeth53 ( Date: 21-Oct-2013 16:22) Posted:
|
in financial language, it is still cheaper then maxi max n moneymax
shadowmoon ( Date: 24-Oct-2013 14:42) Posted:
|
maxi-cash 0.30 moneymax also 0.30
shadowmoon ( Date: 24-Oct-2013 14:51) Posted:
|
btw i mean the IPO listed value of the other 2...bro
shadowmoon ( Date: 24-Oct-2013 14:46) Posted:
|
the other 2 cheaper.
Less than 40 cents, if did not rem wrongly.
zillion ( Date: 24-Oct-2013 14:44) Posted:
|
die die want to list on main board min 0.50. ask voyager what's the prices for the other 2 listed?
but ex at 51 cents...
Belteshazzar ( Date: 24-Oct-2013 10:19) Posted:
|
is it the largest among the 3
Voyage values the upcoming listing debutante at $0.82. Says the IPO looks attractively priced as the issue price of $0.51 translates to FY12 P/E of 16.7x, vs 22.4x for MoneyMax and 47.4x for Maxi-Cash. The application list closes 28 Oct 2013, and trading will commence 30 Oct. Mgt has outlined plans to expand more aggressively post-IPO, giving promise of further upside in FY14. Compared to MoneyMax and Maxi-Cash, ValueMax has already been operating out of Malaysia for about seven years. ValueMax seems to be more receptive towards inorganic growth. The acquisition of existing pawnshops will allow the company to capture good locations and existing customer bases, as the market becomes increasingly well penetrated. Another ?curveball? move is ValueMax?s plan to open a high end pawnshop in Singapore, catering to pledges of value more than S$50,000, thus capturing a new market segment. Voyage expects the company?s revenue to grow by about 10% to 11% annually in FY14 and FY15 as it expands its network of outlets. Higher contribution from pawnbroking business is also expected to raise net margin from 3.2% in FY12 to 5.3% by FY14. In all, it expects ValueMax to post a steady rebound in FY14 and report net profit of $19.6m (EPS of 3.67¢).
NAV after adjusting for estimated net proceeds from new shares and post-invitation share capital is 27.08 cents This is based on financial position as at 31 Dec 2012
http://masnet.mas.gov.sg/opera/sdrprosp.nsf/936bad13609791c948256b3e001ed49f/DE16E3A836F6C3FB48257C0B00295849/$File/28(a)%20ValueMax-IPO(clean).pdf
28(a) ValueMax-IPO(clean).pdf
(b) 133,000,000 Placement Shares at $0.51 each by way of Placement,
payable in full on application.
Indicative time/date Event
21 October 2013, 5.00 p.m. Commencement of the Invitation
28 October 2013, 12.00 noon Close of Application List
29 October 2013 Balloting of applications, if necessary (if oversubscription)
30 October 2013, 9.00 a.m. Commence trading on a ?ready? basis
CANACCORD GENUITY SINGAPORE PTE. LTD.