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Hi YongJiu
I don't know what you are talking about. What has academically qualified people and DBS upping their service charge got to do with each other?
phew... manage to grab it last 5min before closing.... ohh... ok DBS increase the service charge to $2 now!!! damn!!! very soon UOB will do the same same way =(
btw I guess somehow in Sg those who didn't get much education might make it bigger compare to those high 'quali' double Master or PhD holders at the end!
just wonder how many double Master holder are working for them now! ^^
u think UOB is better?they are all the kind..blood sucker..very soon they will follow suit..dont waste your time go and open one more account
EastonBay, thanks for the info on UOB. An increase from $1 to $2 is a huge jump (ie. a 100% increase). With $2, I can buy a bowl of cheng teng , with a change of 50cts in return.
i just kena suck $1 more by DBS...... PAINFUL.... arh! 
this $2 is better for me to buy 4D than giving to the bank....................sucking blood
1234567, the usual explanation from the bank: increasing backroom cost, blah blah blah, they have been shouldering it, blah blah blah, and therefore to increase it. Usually such increase was done rather quietly... most investors will think.. 'what's $2, can't buy you a plate of chicken rice in some hawker centers where they sell for $2.5'.
Anyway, I have found out the UOB still charges only $1 because I have just made the application with UOB, since they are the underwritter! Lelong lelong, only $1 appln fee at UOB.
heavy family management business with limited education background but good experience....
trading for this ipo starts when.
there was a charge fee of S$2 for subscribing this IPO instead of the usual S$1. Any ideas why a 100% increase in the fee ?
Cheap Sales at Lelong price. Chances is closing tomorro at 12 noon and after that, those lucky fellows who got it it like striking a small 4D lottery, very good chances to top from 0.48cts to more then 0.50cts ++ on it 1st trading day.,
so it is a hot stock.
Just did applied from my flavourable ATM less $2/- for commision.
Chances is 1 is to 99 for 1 lot (those apply for 1 lot)
Chances is 2 is to 99 for 2 lots (those apply for 2 to 9 lots)
Chances is 3 is to 99 for 3 lots (those apply for 10 to 99 lots)
Chances is 4 is to 99 for 4 lots (those apply for 100 to 499 lots)
Chances is 5 is to 99 for 6 lots (those apply for 500 to 999 lots) and
Chances is 6 is to 99 for 8 lots (Those apply for 1,000 lots and above)
ABOVE IS JUST A EXAMPLE GUESS WORK......
I would think that there would be over-subscription for this counter and chance of getting it is as slim as like previous IPO. If you know how to play strategic placing, may stand a good chance though...
good luck to everyone who IPO-ed in it
Hmm 3 millions shares for the public.. Is there a gd chance of getting it? what u guys think?
they service lots of big players too... like rotary, hiap seng, shell, exxon...
thanks teeth53 & YongJiu for the prospectus! will be going through over the weekend =)
cheers!
Hi, newbie here.
I'm personally not too sure if the IR will help SGH's growth.
According to the prospectus, their 5 biggest customers are Dantech, Tate and Lyle, Sunsing, Flowserve and Solid Connection. All of these do not belong to the Construction/Oil and Petrochemical industries. Given that, I do not think that they will get a lot of business coming from the "IR wave". So a buy-and-sell approach seems more prudent.
Thoughts?
looking good: 
The future development of integrated resorts in Singapore
The integrated resorts are expected to enhance Singapore?s reputation as a tourist destination, to capture a fair share of the large number of tourists expected to travel to this region.
With a development of this scale, there will be strong demand for construction material and we believe our Company will benefit from this as stainless steel will be used in the construction of the resorts or other structures within the resorts. For example, the applications of Grade 316 stainless steel products include architectural panelling, railings and trimmings. As a leading distributor of stainless steel products in Singapore, we will be in a position to benefit from this when construction of the integrated resorts commences. For FY2006 and HY2007, our sales to the construction industry formed approximately 12% and 9%, respectively, of total project sales. With the advent of the integrated resorts project, this contribution may improve in the future.
LesBleus, get you IPO prospectus from the link
http://www.listedcompany.com/ir/singheehuat/misc/prospectus.pdf
