IPO   

IPO-ing. what U should look out for...

" Nobody can give a frank and direct answer as to what price, IPO on offer on it first trading day,

Those grey mkt boy cannot find an answer to ur question, till it last, only  on open trading at it offical time, the every first second B4 9am."

Note: As always, grey px will move forward n each is offering a better px over the last premium offer when shr get hot, hotter and hotter.

Can't keep on posting grey px over internet, wait kena lim kopi...chai bo?.

 

 

Almost all are big players " distribute (those shr)  as accordingly, among the big n small boys."

Note: to distribute as requires by regulation to all in small lot   and not so small  and biggest lots. 

For eg 1-49  lots applied for, may not get all  49 lots but perhap less then...depending on IPO mgr n boss, but those who applied 1,000,000 shr and above (maybe, eg-say 5mil shr applied for, got 1,000,000 shr

whencanchange      ( Date: 12-Oct-2012 21:19) Posted: SO you mean ALL retail clients are ALL small boys.   teeth53      ( Date: 12-Oct-2012 21:13) Posted: When shr too hot, it will hav to distribute as accordingly, among the big n small boys. @the sole  discreation oof IPO mgr in consultation with bigger boss

 

You are wrong.

Last few years got 1 forumner by the nick of Pahlawan he had correctly and accurately guessed the Ipo's 1st day performance from his postings from ALL his ipo postings except only that SP Ausnet ipo he was wrong only 1 time, the rest he all correct


He had stopped posting for a while this year.

teeth53      ( Date: 12-Oct-2012 21:26) Posted: when going is good, hold ur horse, can sell on 2nd morning, and or on  3rd days...Still a STAG. " Prices is anybody guess on opening and depending on fund and institution interest players." teeth53      ( Date: 09-Oct-2012 00:22) Posted: Nobody can give a frank and direct answer as to what price, IPO on offer on it first trading day, even those grey mkt boy cannot find an answer to ur question, till it last, only  on open trading at it offical time,  the every first second B4 9am.

 

when going is good, hold ur horse, can sell on 2nd morning, and or on  3rd days...Still a STAG.

" Prices is anybody guess on opening and depending on fund and institution interest players."

teeth53      ( Date: 09-Oct-2012 00:22) Posted: Nobody can give a frank and direct answer as to what price, IPO on offer on it first trading day, even those grey mkt boy cannot find an answer to ur question, till it last, only  on open trading at it offical time,  the every first second B4 9am.

 

SO you mean ALL retail clients are ALL small boys.

 

teeth53      ( Date: 12-Oct-2012 21:13) Posted: When shr too hot, it will hav to distribute as accordingly, among the big n small boys. @the sole  discreation oof IPO mgr in consultation with bigger boss. whencanchange      ( Date: 12-Oct-2012 21:06) Posted: but these 74 placees be retail clients what becos under the 1,000,000 and above range even got 18 placees allocated  1 million shares , how can retail client got such " firepower" to pay 1,000,000 shares for a single ipo?

 

why u post don't sell so fast??


So u think Mon it's 1st debut day it is likely trade at around what price?

teeth53      ( Date: 12-Oct-2012 20:59) Posted: Congra...those Kena lucky draw...don sell so fast - STAG..:). Courts has 4 cornerstone investors - Let them hold those 44%  while (retailers) can take profit first - STAG. JF Asset Management Ltd, New Silk Road Investment Pte Ltd, Target Asset Management Pte Ltd and Value Partners Hong Kong Ltd -

 

@the sole discreation of IPO mgr in consultation with bigger boss.

neutral      ( Date: 12-Oct-2012 21:13) Posted:   who are these business associates and kakis? So they are not the normal middle-class clients from uobkayhian? teeth53      ( Date: 12-Oct-2012 21:08) Posted: " 74 pax are they retail clients from UOBkayhian or they are from which brokerage?? ( is for, their businss associate and kakis, including their best clients) Yup 24.4x (public)...:). Placement, indications interest  is approximately 259.1 million Offering Shares represent approximately 3.4x over subscribed

 

When shr too hot, it will hav to distribute as accordingly, among the big n small boys. @the sole  discreation oof IPO mgr in consultation with bigger boss.

whencanchange      ( Date: 12-Oct-2012 21:06) Posted: but these 74 placees be retail clients what becos under the 1,000,000 and above range even got 18 placees allocated  1 million shares , how can retail client got such " firepower" to pay 1,000,000 shares for a single ipo? whencanchange      ( Date: 12-Oct-2012 20:55) Posted: BUT these 74 persons are they retail clients from UOBkayhian or they are from which brokerage??

 

  who are these business associates and kakis? So they are not the normal middle-class clients from uobkayhian?

teeth53      ( Date: 12-Oct-2012 21:08) Posted: " 74 pax are they retail clients from UOBkayhian or they are from which brokerage?? ( is for, their businss associate and kakis, including their best clients) Yup 24.4x (public)...:). Placement, indications interest  is approximately 259.1 million Offering Shares represent approximately 3.4x over subscribed. neutral      ( Date: 12-Oct-2012 20:59) Posted: the Public offer for this Courts ipo is it 24.4 time subscribed?

 

" 74 pax are they retail clients from UOBkayhian or they are from which brokerage??

( is for, their businss associate and kakis, including their best clients)

Yup 24.4x (public)...:). Placement, indications interest  is approximately 259.1 million Offering Shares represent approximately 3.4x over subscribed.

neutral      ( Date: 12-Oct-2012 20:59) Posted: the Public offer for this Courts ipo is it 24.4 time subscribed?

 

but these 74 placees be retail clients what becos under the 1,000,000 and above range even got 18 placees allocated  1 million shares , how can retail client got such " firepower" to pay 1,000,000 shares for a single ipo?

whencanchange      ( Date: 12-Oct-2012 20:55) Posted: BUT these 74 persons are they retail clients from UOBkayhian or they are from which brokerage?? teeth53      ( Date: 12-Oct-2012 20:37) Posted: Courts Asia Limited. Range of Placement Shares Applied For (inclusive of Placement Additional Shares) (’000) 1 to 49 Applied  11-pax 50 to 99 Applied  15-pax 100 to 499 Applied  27-pax 500 to 999 Applied  03-pax 1,000 and above Applied 18-pax No. of Placees. -- Total numbers of successful applied. 74 - paxs

 

Congra...those Kena lucky draw...don sell so fast - STAG..:).

Courts has 4 cornerstone investors - Let them hold those 44%  while (retailers) can take profit first - STAG.
JF Asset Management Ltd,
New Silk Road Investment Pte Ltd,
Target Asset Management Pte Ltd and
Value Partners Hong Kong Ltd -

 

the Public offer for this Courts ipo is it 24.4 time subscribed?

 

BUT these 74 persons are they retail clients from UOBkayhian or they are from which brokerage??

teeth53      ( Date: 12-Oct-2012 20:37) Posted: Courts Asia Limited. Range of Placement Shares Applied For (inclusive of Placement Additional Shares) (’000) 1 to 49 Applied  11-pax 50 to 99 Applied  15-pax 100 to 499 Applied  27-pax 500 to 999 Applied  03-pax 1,000 and above Applied 18-pax No. of Placees. -- Total numbers of successful applied. 74 - paxs

 

Thing to note: The Stabilising Mgr may buy to undertake stabilising actions shall not exceed the nos of Additional Shares over-allotted, being an aggregate of 17,159,000 Shares representing not more than 20% of the total Offering Shares.

Such transactions may commence on or after the Listing Date and, if commenced, may be discontinued at any time and shall not be effected after the earlier of

(i) the date falling 30 days from the Listing Date and

(ii) the date when the Stabilising Mgr (or any of its affiliates or other persons acting on its behalf) has bought.

 

There were a total of 1,803 successful applicants in the Public Offer.

1 to 9 Applied (17 : 50) 1 lot 4.5% 432-pax
10 to 49 Applied (20 : 50) 3 lots 23.8% 705-pax
50 to 99 Applied (23 : 50)  7 Lots 19.2% 244-pax
100 to 499 Applied (25 : 50) 10 lots 40.9% 364-pax
500 to 999 Applied (27 : 50) 15 lots 5.2% 31-pax
1,000 and above Applied (33 : 50) 20 lots 6.1% 27-pax

teeth53      ( Date: 12-Oct-2012 20:37) Posted: Courts Asia Limited. Range of Placement Shares Applied For (inclusive of Placement Additional Shares) (’000) 1 to 49 Applied  11-pax 50 to 99 Applied  15-pax 100 to 499 Applied  27-pax 500 to 999 Applied  03-pax 1,000 and above Applied 18-pax No. of Placees. -- Total numbers of successful applied. 74 - paxs

 

Courts Asia Limited. Range of Placement Shares Applied For (inclusive of Placement Additional Shares) (’000)

1 to 49 Applied  11-pax
50 to 99 Applied  15-pax
100 to 499 Applied  27-pax
500 to 999 Applied  03-pax
1,000 and above Applied 18-pax
No. of Placees. -- Total numbers of successful applied. 74 - paxs

 

Courts IPOing allocation result....

COURTS ASIA LIMITED

MISCELLANEOUS :: BALLOTING ANNOUNCEMENT

Oct 12 2012

08:18:00 PM

Courts_News_release_20121012.pdf

Courts_Balloting_Announcement_20121012.pdf

 

BTW, heard the balloting ratio for this COURTS ipo is for those that apply 100 lots, if successful, they are allocated 10 lots

 

teeth53,

  So in yr view, u think this Courts IPO is likely to open at around price range this monday?

I think should be open above IPO price for sure becos this ipo although placement agent is UOBKAYHIAN but I heard uobkayhian did not offer any placement to their retail clients.

  And from past experiences examples, whenever a brokerage is the placement agent for a particular ipo but yet does NOT offer placement shares for that ipo to it's own brokerge's retail clients, that ipo had ALWAYS opened above it's ipo price

teeth53      ( Date: 10-Oct-2012 00:10) Posted: Hi Tomique, They got 4 cornerstone investors line up to show something to look forward for, think can take kopi money first. Treat it like Amtek.  Just my personnal opinion. teeth53      ( Date: 08-Oct-2012 23:55) Posted: Anyone keen?, maybe here got one on offer. This horse is a better chioce. http://sg.finance.yahoo.com/news/retailer-courts-asia-launches-singapore-105310777.html Oct 8 (Reuters) - Electronics and furniture retailer Courts Asia Ltd, which operates stores in S'pore and M'sia, launched an initial public offering (IPO) to raise S$137 million ($112 m) mainly to fund its expansion in Indonesia. Listing comes after the Co, failed to list its shares in 2010 while a plan to sell the firm was also scuppered. Courts is offering 178 million shares, of which 60 million are new shares. Offer price @S$0.77 per share is at the top end of an indicative price range due to strong support from institutions. Co said in a statement on Monday. It plans to list on Oct. 15. Courts plans to use 91.3% of the net proceeds to tap the growing middle class in Indonesia, which it said is a large and fast-growing market that is still under-penetrated. Courts has four cornerstone investors - JF Asset Management Ltd, New Silk Road Investment Pte Ltd, Target Asset Management Pte Ltd and Value Partners Hong Kong Ltd - which have taken up 44% of the IPO. The Hongkong and Shanghai Banking Corp Ltd is the sole global coordinator, bookrunner, underwriter and issue manager of the IPO. UOB Kay Hian Private Ltd is the public offer coordinator and sub-placement agent.