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IPO- Anchun by Kim Eng Underwriter
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nickyng
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22-Oct-2010 17:31
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dun bother lah! juz SHORT high on opening next week! hee.... :P
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oceanblue
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22-Oct-2010 17:27
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Anybody got alloted Anchun? What is the balloting ratio? | ||||
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neutral
Member |
21-Oct-2010 23:03
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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?
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ah_seng1001
Senior |
21-Oct-2010 22:56
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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 |
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teeth53
Supreme |
21-Oct-2010 20:29
Yells: "don't learn through life, learn to grow with life " |
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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)
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teeth53
Supreme |
21-Oct-2010 20:15
Yells: "don't learn through life, learn to grow with life " |
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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.
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teeth53
Supreme |
21-Oct-2010 18:20
Yells: "don't learn through life, learn to grow with life " |
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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
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teeth53
Supreme |
21-Oct-2010 08:48
Yells: "don't learn through life, learn to grow with life " |
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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 |
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ah_seng1001
Senior |
21-Oct-2010 01:31
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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! |
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bh704428
Veteran |
21-Oct-2010 00:30
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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.
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AK_Francis
Supreme |
21-Oct-2010 00:10
Yells: "Happy go lucky, cheers." |
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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.
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teeth53
Supreme |
20-Oct-2010 23:59
Yells: "don't learn through life, learn to grow with life " |
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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
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AK_Francis
Supreme |
20-Oct-2010 23:41
Yells: "Happy go lucky, cheers." |
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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.
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bh704428
Veteran |
20-Oct-2010 23:07
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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.
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teeth53
Supreme |
20-Oct-2010 23:05
Yells: "don't learn through life, learn to grow with life " |
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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. |
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teeth53
Supreme |
20-Oct-2010 22:50
Yells: "don't learn through life, learn to grow with life " |
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For illustration only Correction here mark in blue. Say 10,000 apply 1-49 lots, balloting ratio - 15:50 getting 2 lots. (pending % ratio) |
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teeth53
Supreme |
20-Oct-2010 22:46
Yells: "don't learn through life, learn to grow with life " |
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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) |
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ah_seng1001
Senior |
20-Oct-2010 22:06
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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 ! | ||||
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teeth53
Supreme |
20-Oct-2010 21:58
Yells: "don't learn through life, learn to grow with life " |
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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 |
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ah_seng1001
Senior |
20-Oct-2010 21:45
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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
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