IPO   

IPO- Anchun by Kim Eng Underwriter

dun bother lah! juz SHORT high on opening next week! hee.... :P 

oceanblue      ( Date: 22-Oct-2010 17:27) Posted: Anybody got alloted Anchun? What is the balloting ratio?

 

Anybody got alloted Anchun? What is the balloting ratio?

 

so is it u mean for this anchun placement by kim eng, so long as we ask from our kim eng brokers for this anchun ipo before placement application closes, it's guaranteed each kim eng client can get at least 2 lots to 5 lots from our broker?

teeth53      ( Date: 21-Oct-2010 18:20) Posted: For head count, there will be few hundred small retailers, and I'm one of many small retailers, got placement share, 5 lots $1400 +1% = $1414.98 cents ah_seng1001      ( Date: 21-Oct-2010 01:31) Posted: Thank you teeth53 for ur kind sharing! Does it mean that getting the IPO through placement shares has more certainty as compared to applying through atm? Since the brokerage is the issue manager n underwriting ?? Wow.. seems our small thread here is getting hot up! Time to cook quail eggs ! Btw bh704428, my this new KE broker seems a little newbie, gotta give her more time to learn first!

 

Wow great u got 5 lots Anchun too! We r considered very lucky lol.. Anchun is likely to be heavily oversuscribed. Next up, looking at XinRen Aluminium.. looks pretty interesting too!

But this couple of weeks got lots of IPO coming on board, dunno if the market can absorb it huh

 

ah_seng for 5 lots, one has to apply within this range....just imagine.

Setting Mun Siong just successful ipo-ed result for example. 

Applied-500 to 999, Balloting Ratio-21:99,  allocated-5lots (11.8%), (48 Pax successful only) 

ah_seng1001      ( Date: 21-Oct-2010 01:31) Posted: Thank you teeth53 for ur kind sharing! Does it mean that getting the IPO through placement shares has more certainty as compared to applying through atm? Since the brokerage is the issue manager n underwriting ?? Wow.. seems our small thread here is getting hot up! Time to cook quail eggs ! Btw bh704428, my this new KE broker seems a little newbie, gotta give her more time to learn first!

 

Mun siong is over subscribed by 6.1 times.

Hope. This Anchun is even better with China XLX as big supporters

Ahchun chiongg..ahh, Chionging...Ah...chiong....Arhh.

teeth53      ( Date: 17-Oct-2010 15:29) Posted: See page 10 - “Pre-IPO Investors” :- Sinostate Management, Able Gallery, Vision Top, China XLX, GoPower, SkyVen, Naresh Nanubhai Desai, Wong Chao Hsiung and Quek Yiang Hang teeth53 - Anchun ipo closing on Oct 21, 2010 (Thus) Look like China XLX is one of the major investor who stock is listed in SGX Stocks Exchange ah_seng1001      ( Date: 14-Oct-2010 23:28) Posted: This one looks pretty okie huh.. China XLX is a customer of Anchun, together with several other big names.. Interestingly, the share base issued out is not very big.. i suspect this might cause price to jump a little.. Only 2mill shares through atm

 

For head count, there will be few hundred small retailers, and I'm one of many small retailers, got placement share, 5 lots $1400 +1% = $1414.98 cents

ah_seng1001      ( Date: 21-Oct-2010 01:31) Posted: Thank you teeth53 for ur kind sharing! Does it mean that getting the IPO through placement shares has more certainty as compared to applying through atm? Since the brokerage is the issue manager n underwriting ?? Wow.. seems our small thread here is getting hot up! Time to cook quail eggs ! Btw bh704428, my this new KE broker seems a little newbie, gotta give her more time to learn first!

 

Generally when all ipo is hot - everyone wanted a piece of cake and when is very cool, no one wanted it as well, so those supported ipo during cooling period or lost making money knowing-ly, will tend to get some a piece of d cake first when come to limited distribution.

When ipo shares on offers is tend to be very popular, tender arrangement will kick in even for placement share

 

Thank you teeth53 for ur kind sharing! Does it mean that getting the IPO through placement shares has more certainty as compared to applying through atm? Since the brokerage is the issue manager n underwriting ??

Wow.. seems our small thread here is getting hot up! Time to cook quail eggs !

Btw bh704428, my this new KE broker seems a little newbie, gotta give her more time to learn first!

 

you are wrong.

that 1st broker is really he got some attitude problem becos later when i wrote in to complain abt him, the client dept pple reveal to me he actually also got other big customers complain abt him too that his attitude is snobbish.

The 2nd broker is more than he like to chit-chat & made friends type.He oredi said if client trade big, he happy, if client trade small like those housewife, he still will treat enquires the same to all. And he will honestly tell me to AVOID taking up his OWN HSE's certain placement ipos if he thinks it's no good but he will use his hp and not his office tel to disclose this honest view to me. Whereas I remembered that 1st broker he said brokers are NOT allowed to say their own hse placement certain ipos not good.

teeth53      ( Date: 20-Oct-2010 23:59) Posted: 1st broker to him (UOB) maybe U are not so BBs as compare to other bigger BBs, so try 2nd broker, U maybe important to him as he may not have so many BBs to entertained. In general. Most brokers/Remisiers will have to work after office hours to run all the ground work bh704428      ( Date: 20-Oct-2010 23:07) Posted: you are dead wrong. A lot depends on each individual broker's character & attitude too. It's not confirmed only depends on how much u trade with him. I hav 3 accounts with 3 brokerages now. My 1st broker in uob in 2003 I trade VERY big, but that broker not helpful & the way he talk quite rude too. Later in end 2003  fed up with him, I opened another account with a different brokerage, this broker at 1st I trade much smaller with him but he very helpful, in fact, i still remembered clearly when I 1st transferred to him & haven't execute any trade yet but he oredi willing to give me placement 5 lots for a ipo. And he willing to use his hp to call me after office hrs at 7pm too.

 

Dear comrade, tks for d reconsile, much appreciated fr AK.

Not much a problem in dealing directly with brokers nowadays, as most transaction r on line liao. However brokers will render good help when needed loh, esp when u r at overseas trip.

 

 

 

 

teeth53      ( Date: 20-Oct-2010 23:59) Posted: 1st broker to him (UOB) maybe U are not so BBs as compare to other bigger BBs, so try 2nd broker, U maybe important to him as he may not have so many BBs to entertained. In general. Most brokers/Remisiers will have to work after office hours to run all the ground work bh704428      ( Date: 20-Oct-2010 23:07) Posted: you are dead wrong. A lot depends on each individual broker's character & attitude too. It's not confirmed only depends on how much u trade with him. I hav 3 accounts with 3 brokerages now. My 1st broker in uob in 2003 I trade VERY big, but that broker not helpful & the way he talk quite rude too. Later in end 2003  fed up with him, I opened another account with a different brokerage, this broker at 1st I trade much smaller with him but he very helpful, in fact, i still remembered clearly when I 1st transferred to him & haven't execute any trade yet but he oredi willing to give me placement 5 lots for a ipo. And he willing to use his hp to call me after office hrs at 7pm too.

 

1st broker to him (UOB) maybe U are not so BBs as compare to other bigger BBs, so try 2nd broker, U maybe important to him as he may not have so many BBs to entertained.

In general. Most brokers/Remisiers will have to work after office hours to run all the ground work

bh704428      ( Date: 20-Oct-2010 23:07) Posted: you are dead wrong. A lot depends on each individual broker's character & attitude too. It's not confirmed only depends on how much u trade with him. I hav 3 accounts with 3 brokerages now. My 1st broker in uob in 2003 I trade VERY big, but that broker not helpful & the way he talk quite rude too. Later in end 2003  fed up with him, I opened another account with a different brokerage, this broker at 1st I trade much smaller with him but he very helpful, in fact, i still remembered clearly when I 1st transferred to him & haven't execute any trade yet but he oredi willing to give me placement 5 lots for a ipo. And he willing to use his hp to call me after office hrs at 7pm too. AK_Francis      ( Date: 20-Oct-2010 11:37) Posted: Ha ha, changing broker within d same broking hse, without strong reason, d new broker may hv doubt as well. Generally, brokers r helpful ones, depend d priority loh, ie heavy invester, medium or not active ones liao. Hence, touch wood, if market crashes, d less active invester will be entertained later after d more active investers are being informed n guided accordingly. No lobang, not KE client, had tikam Munsiong n Anchun IPOs couples of mins ago.

 

Sorry, AK apology, really, am deadly wrong. Next time I will be more careful while posting in the SJ, as many brokers r also in d forum.

Ha ha, AK small timer lah, u big one, got 3 broking hses. Congrate loh. 

bh704428      ( Date: 20-Oct-2010 23:07) Posted: you are dead wrong. A lot depends on each individual broker's character & attitude too. It's not confirmed only depends on how much u trade with him. I hav 3 accounts with 3 brokerages now. My 1st broker in uob in 2003 I trade VERY big, but that broker not helpful & the way he talk quite rude too. Later in end 2003  fed up with him, I opened another account with a different brokerage, this broker at 1st I trade much smaller with him but he very helpful, in fact, i still remembered clearly when I 1st transferred to him & haven't execute any trade yet but he oredi willing to give me placement 5 lots for a ipo. And he willing to use his hp to call me after office hrs at 7pm too. AK_Francis      ( Date: 20-Oct-2010 11:37) Posted: Ha ha, changing broker within d same broking hse, without strong reason, d new broker may hv doubt as well. Generally, brokers r helpful ones, depend d priority loh, ie heavy invester, medium or not active ones liao. Hence, touch wood, if market crashes, d less active invester will be entertained later after d more active investers are being informed n guided accordingly. No lobang, not KE client, had tikam Munsiong n Anchun IPOs couples of mins ago.

 

you are dead wrong.

A lot depends on each individual broker's character & attitude too. It's not confirmed only depends on how much u trade with him.

I hav 3 accounts with 3 brokerages now. My 1st broker in uob in 2003 I trade VERY big, but that broker not helpful & the way he talk quite rude too. Later in end 2003  fed up with him, I opened another account with a different brokerage, this broker at 1st I trade much smaller with him but he very helpful, in fact, i still remembered clearly when I 1st transferred to him & haven't execute any trade yet but he oredi willing to give me placement 5 lots for a ipo. And he willing to use his hp to call me after office hrs at 7pm too.

AK_Francis      ( Date: 20-Oct-2010 11:37) Posted: Ha ha, changing broker within d same broking hse, without strong reason, d new broker may hv doubt as well. Generally, brokers r helpful ones, depend d priority loh, ie heavy invester, medium or not active ones liao. Hence, touch wood, if market crashes, d less active invester will be entertained later after d more active investers are being informed n guided accordingly. No lobang, not KE client, had tikam Munsiong n Anchun IPOs couples of mins ago. bh704428      ( Date: 20-Oct-2010 00:30) Posted: btw yr this female kim eng broker helpful or not? If she is, can u message me her contact, hp, name? she should be happy u introduced her 1 new client. I wan change my current broker from kim eng, he not helpful type.

 

For more info on balloting...distribution, for public share. Pls refer to latest info like GLP and or MIT,

GLP 8.8 bil worthy response - top 30 stock in sgx (SJ forum)

it all depending on d over subscription rate and numbers of pple''s applying.

 

For illustration only Correction here mark in blue. 

Say 10,000 apply 1-49 lots, balloting ratio - 15:50 getting 2 lots. (pending % ratio)

 

For illustration only - public float is amount to 2,000 lots

Say 2,000 apply 1-9 lots, balloting ratio - 10:50 getting 1 lot. (pending % ratio)

Say 10,000 apply 1-49 lots, balloting ratio -5:50 getting 2 lots. (pending % ratio)

Say 1,000 apply 50-99 lots, balloting ratio - 20:50 getting 3 lots (pending % ratio)

Say 1,000 applying 100-499 lots, balloting ratio - 25:50 getting 5 lots (pending % ratio)

Say 500 apply 500-999 lots, balloting ratio - 30:50 getting 8 lots (pending % ratio)

Say 500 apply >1,000 lots, balloting ratio - 40:50 getting 12 lots (pending % ratio)

 

 

i/m rather curious.. suppose u apply through the atm.. and there r only 2000 lots to distribute, WHO n HOW do they decide how much to allocate to each individual investors?? Any bros would kindly enlighten more on this ?? Thanks !

 

For head count, there will be few hundred small retailers, i m sure also there will be certain nos of pple's holding to maybe say 100, 200 lots or even 500 lots (BBs oni).

Institution may hold more - maybe holding, let say 5,000,000 million shares, Eg - China XLX 

 

U got a point bro ! I think they r purposely limiting the float first to see the market response.. Well if they cant raise enough $$$ now, can always call for cum rights a year down the road lol

teeth53      ( Date: 20-Oct-2010 21:11) Posted: ah_seng U are lucky to get 5 lots, where else susan get oni 2 lots, it seem this Anchun ipo has limited shares to distribute, for small retailers 5 lots is the maximum. Considering one have to apply a few hundred lots via for 2,000 lots on offer to public. Just sharing my thot. ah_seng1001      ( Date: 18-Oct-2010 16:51) Posted: i got only a measly 5 lots through placements shares by Kim Eng.. Last week, my broker called in the morning n say 10 lots was available for clients.. by afternooon this had been restricted to only 5 lots.. hmm.. so hot demand meh?? Anyone else encountered the same situation?? For those applying through ATM, its only 2000 lots available for offer.. very interesting huh.. even if this stock is only avg or so-so.. it can still shot up abit due to the limited float