
Price same as IPO, more likely to dive down on red days.  

ZebraCrossing ( Date: 17-Aug-2011 09:21) Posted:
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Super high volume!
The price for greenshoe to buy is when price start to fall....can buy up to 45 million share.
so be preparing for anything, in case price fall, say down to $0.295c - $0.300c.
teeth53 ( Date: 16-Aug-2011 20:16) Posted:
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Eventually like 800 super...33c going for 22c...
After preparing to buy up to 45 million their own share, greenshoe effect...
Anything more then 45 million share, need to ask their own kakis to come out their own money play shares.
iPunter ( Date: 16-Aug-2011 21:05) Posted:
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There after more like 800 super.....
Most share is cheap, very cheap now, then many think can go in and come out fast. There will be some winning abit  and some losses alot.
teeth53 ( Date: 16-Aug-2011 20:16) Posted:
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I will cheer for you when you run.
Could be another 800 Super in the making.
Rally 10%-15% on the first day before kena raped by brothers here. 
Dun't pray pray with Singapore Uncle and Auntie.
They see the brand Sheng Siong and think confirm will win 百 倍 + 千 倍 , loot big big during first day of trading. 
Hahaha.
 
warrenbegger ( Date: 16-Aug-2011 20:51) Posted:
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If you apply for 9 lots, you get 1 lot...
    If you apply for 10 lots, you get 8 lots...

evolute8 ( Date: 16-Aug-2011 20:51) Posted:
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does that mean if someone applies for 1 or 2 or 3 or 5 or 9, will only get one lot?
Recent IPO (Idiot Purchase Overpx)
-Sing Song 0.330 > ?????
-Far Eat Hoot 0.270 > 0.225
-Mankali T 0.220 > 0.220
-Toilet Culture 0.300 > 0.285
-800 Lousy 0.220 > 0.150
-PenisCRT 0.700 > 0.560
-MangoTreeCon 0.880 > 0.840
-HPH DonTrust 1.01 > 0.655
Result show!!! Rotten market kill mosty 90% of IPO!!!
If Sing song can over 0.450 tomorrow, i run  around Istana naked!!!
 
ipo play very siong. want price to sheng also not under retail players control. got profit just take. when price runs too high, better don't chase. attracts many sharks.
Very likely like Malacca Trust, first in d  morning - Stag, then profit may not be better co's this week extreme volatile trading week, up, down down and up ....down.
Richman ( Date: 16-Aug-2011 19:06) Posted:
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Balloting result...
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_93270F6DCED558DE482578EE003C61BC/$file/SSBallotingAnnouncement16Aug2011.pdf?openelement
 
evolute8 ( Date: 16-Aug-2011 18:26) Posted:
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Balloting Result...
http://pdf.reuters.com/sgxnews/sgxnews.asp?i=43059c3bf0e37541& u=urn:newsml:reuters.com:20110816:nSN8G81761
 
evolute8 ( Date: 16-Aug-2011 18:26) Posted:
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But new IPO share normally people will do stag (different from bull/bear)...
      Stag is new animal, means when they lucky can get it, they will
                quickly sell it for profit. But market now so bad, dropping
                          like sheet, if hold it longer also maybe very siong...  

Andrew ( Date: 16-Aug-2011 18:01) Posted:
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You ask Ah Lim what is the target price
Hehehe.....
this one confirm 50 cents lor in times like this .... 
BUT WILL DROP FIRST LOR TO $0.20 to $0.25
now market so rotten , not much option left on the shelf....
Singaporean Ham chee and Kia see .... confirm will look for plastic cover first lor ......
if not buy other S-chip or China based Singapore Pte, scare will kenna disease if not properly protected .....
somemore this one in Singapore...... if kenna anything can go Sheng Siong Supermarket Pte Ltd (Head Office)
6 Mandai Link Singapore 728652..... and throw eggs at their boss aka Lim Hock Chee .... i can supply the eggs from sheng siong....
if i wrong ... can look for Master Beggar .... (=.=)v ......
Cheer
Likely to go  underwater .
I already stand by my short position for this one.
Sheng Siong intends to use the proceeds mainly to repay debt and for the development and expansion of its grocery business and operations in Singapore and overseas, as well as for working capital. As at May 31, Sheng Siong's borrowings include a term loan of up to S$30 million issued by DBS Bank to partially finance the construction of its Mandai Link Distribution Centre.
OCBC Bank is the issue manager, underwriter and the placement agent. According to the draft prospectus, unaudited pro-forma net earnings per share of Sheng Siong for its 2011 financial year based on the pre-invitation share capital of 1,140 million shares is 3.74 cents.
SIAS Research analyst Liu Jinshu said: " Local investors will be able to identify with the company given its retail presence but should not attach too high a value to the company's brand. Investors must understand that the retail industry is relatively competitive and organic growth may be relatively slow."
Brothers from the firm - Hock Chee, Hock Eng and Hock Leng - will also receive about $48.2 million as they pare down their stakes during the listing.
results of IPO out?
Don't short new share laaa.......
Anyway, I did not buy......about NTA 4.7cts only.....after IPO 7cts ???
xing78 ( Date: 16-Aug-2011 17:55) Posted:
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Maybe tomorrow night can go Sheng Shiong supermarket naked and say a big thanks to the bosses.
:p 
warrenbegger ( Date: 16-Aug-2011 15:48) Posted:
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