Others   

SYNEAR Food IPO on offer

You're comparing apples with oranges. GES and Venture are tech companies while Synear is a food company. Different industries command different valuations.

 

Currently at $0.54 cents, it price it IPO to about 11x  it PE ratio and recalling GES up for sales at $1.25 to Ventures at slightly more than 16x it PE ratio, so rekon Synear Food holding may open up around $0.60 plus plus, but i am hoping it touch $0.88 cents, huat liao.

 

Saw their TV advertisment on their timsum food and read their adv on ST paper, just wordering how will they advertise, how many big boys they limited into this IPO as much of the placement shares is limited to their China retailers and it institute investers considering that is so huge and so many players over in china and oso limited here in S'pore.

 

For Wilmar, it's not IPO, it's placement shares.

 

Myself, sort of confirm gonig to ATM  to try my luck, to those who believe in this stock go for it, those who don can chose to avoid lah...

 

Recalling Wilmar placing it IPO at the high end at $0.80 recently and still it price today went up to closed at $1.04, it seem last week only one IPO, plenty of kopi $$$ to make with those big boys support.

 

Thk swkee28, fyi, i vested a little with 5 lots & is with a bigger group. 

 

Hi Members,

Considers that listed price a GOOD BUY!

Thanks

 

Synear Food Holding Lmited IPO at 54 cents. It close on 12:00 noon on 16 Aug 2006. 7.5mil (Public) and 367.5 mil (Placement)


Two very interesting Capital (Boulton Capital Asia and SAC Capital) and it Underwriter and placement Agent UOB KayHian


A likely IPO offer to be taken up by more fund manager and Institute, pending how many times it's over subscribe, my personnal opinion oni.