IPO   

R H Energy offer ipo at 32c

Very slow, maybe very hot, chk all my $$ for RH Energy IPO hav't been return yet...!!!

 

How long do we need to wait to get the results of IPO application for RH Energy ?

 

Today R H Energy IPO at 32c is closing in 15mins time, July 09, 2007 (Mon)12noon. Today oso ST paper reported on Gas, oil and marine  offshore players.

My next target is on IPO offer 35c by China Angel Food. Offer closing on July 11, (Wed)

 

FYI: Both got good kopi money to make from stagging......



ChinaAngelfood IPO 35c. Closing July 11, (Wed-12noon). Trading is expected...13Jul (Fri).



RH Energy IPO 32c closing on July 9, (Mon-12noon),. Trading is expected on July 11, (Wed)

 

R H Energy ipo, it PE Ratio (see page 41)....11.3x. R H Energy Ltd (Clean) with Gatefold.pdf (3528 Kb)

 

 

Buy into magnus..cheaper than ipo of RH energy..almost same business...quite safe at 19cts..even directors themselves buy at this level..see pg H19 managing directors buy shares at 19.5cts...why waste time on tikam tikam..unlikely to get...but magnus must wait..do not contra...

 

 

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	Son of Malaysia's former finance minister increases stake in Magnus Energy By Loh Kim Chin, Channel NewsAsia | Posted: 01 March 2007 2223 hrs     Photos 1 of 1         SINGAPORE: The son of Malaysia's former finance minister Daim Zainuddin has increased his stake in Singapore-listed Magnus Energy. Wira Dani Abdul Daim raised his holdings in the oil and gas equipment supplier to slightly over 20 percent following an off-market deal. Mr Wira Dani is now the single largest shareholder of the company. He works closely with his father and helps manage his father's banking and energy investments in power plants and coal concessions. These include assets and investments in Africa and Central Asia. In a statement to SGX, Magnus said Mr Wira Dani is in a unique position to help it enter into new business ? strategic and financial alliances as well as facilitate growth opportunities. - CNA/so
	Ads by Google PlayStation Official Site First-hand news of PS® & exclusive benefits. Register now. It's free! asia.PlayStation.com/sg The Next Oil Boom See who's pumping cash by making oil for $13.21. And selling for $59 www.investmentu.com Singapore Stock Market Invest in Singapore Stocks. Get Free Articles to Time your Trades! www.terraseeds.com Other singapore News ? Companies should view Singapore as value-creation solution: MM Lee ? Tiger Airways starts flights to India from October ? IBM-Ricoh JV eyes growth in Southeast Asia's printing business ? Rental rates rise as much as 60%

 

happyday, i very curious leh.. you were saying you are a trading representative with a degree... then now you said you got placement shares?? TRs shouldn't trade 1 leh.. 

 

Got some lots alloted by CIMB....not enough must as well buy Magnus alos recommended by CIMB....

 




DJ MARKET TALK: Magnus Energy Could Be Due A Breakout - CIMB


0735 GMT [Dow Jones] STOCK CALL: Magnus Energy (576.SG) could be on the verge of a bullish breakout, according to CIMB; brokerage places Technical Buy on stock at S$0.18-S$0.195 band, with a short term target of S$0.25-S$0.255. Adds medium-term outlook is still bullish with impressive trading volumes for the past couple of days. Trades off 2.6% at S$0.19 on very heavy volume, support at 2 week low of S$0.175. (JEM)

 

Any OCBC Bank users here ? It seems that OCBC internet banking do not allow application for IPO. Any advice in using their ATM ? Sorry for asking a noob qns cos using OCBC Bank for 1st time.

 

not an expert but PER ratio 11.3 times is reasonable i tink. Oil & gas industry should be good in the long run.

hmm only 4k lots, so difficult to kena. why they dont offer more to public?

 

 

experts, is it gd?

 

Invitation in respect of 72,000,000 New Shares as follows:

(a) 4,000,000 Offer Shares at S$0.32 each by way of public offer

(b) 68,000,000 Placement Shares at S$0.32 each by way of placement

12.00 noon on 9 July 2007 Close of Application List

10 July 2007 Balloting of applications, if necessary (in the event of over-subscription for the Offer Shares)

9.00 a.m. on 11 July 2007 Commence trading on a ?ready? basis

 

 

Underwriter:	CIMB-GK Securities Pte. Ltd.	Registered Date:	02/07/2007
	Issue Manager:	CIMB-GK Securities Pte. Ltd.

List of Associated Documents

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Date Document Type Document(Click to view/download) Document Status 02/07/2007 Prospectus R H Energy Ltd (Clean) with Gatefold.pdf (3528 Kb) Registered

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