Latest Forum Topics / IPO | Post Reply |
IPO-ing. what U should look out for...
|
|||||||||||||||
teeth53
Supreme |
20-Apr-2012 23:30
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||
x 0
x 0 Alert Admin |
http://forum.channelnewsasia.com/showthread.php?66181-Global-Premium-Hotel-IPO& p=407996& posted=1#post407996 Owner sure very, very Happi, for players is helping him to becoming a billionaire. Oso Straits Times paper published, it mentioned offered at 0.26 cents is at 7.5x is P.E.R. Ratio. |
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
teeth53
Supreme |
19-Apr-2012 20:25
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||
x 0
x 0 Alert Admin |
http://singapore-ipos.blogspot.com (Hope this help or assist would b players to decide better. It from....) Global Premium Hotels Limited (" GPH" or " Company" ) is offering 13m shares for public and 437m via placement at $0.26 each. IPO closing is on 24 April at 12pm. The Coy is a hotel operator and operates under the " Fragrance" or " Parc Sovereign" brands. Pro-forma revenue for FY2010 was $44.2m and net profit was $19.9m. For the 9 mths in FY2011, the revenue was $38.9m and the net profit was $17.3m. The coy intends to distribute at least 80% of its net profit after tax for FY2012. The Coy intends to expand its rooms and into the Asia Pacific region in future under that 2 brands. (Personal opinion for the Grp will be for it to move up the value chain and create more Parc Sovereign hotels.) The post IPO number of shares is 1 billion and the EPS using the enlarged share cap for 9 mths FY2011 is S$1.66 cts. Assuming the occupancy rate remains the same and we pro-rate it to the full year, the EPS will be around S$2.21 cts. That translate into a listing PER of around 11.76x. NAV per share is around 28.97c. With visitors rate continue to remain robust and assuming the average occupancy rates remain the same, the net profit after tax will be around $22m. The dividend payout will be 80% x $22m = $17.6m. Dividend per share = Singapore 1.76 cents for FY2012. That translate into a yield of 6.7%. This will definitely be attractive to investors who wants a decent return for their cash. It is a pity this 80% payout is only for FY2012. The intent after FY2012 was not stated. The Coy is basically a spin-off of the hotel operations from the Fragrance Grp. The closest comparable listed on SGX are probably Amara, HPL, OUE, Hotel Properties Ltd etc but they are trading at very wide ranging PE multiples. Looking at the current IPO mkt sentiment, investors who 1 2 stag this counter could probably do so, he giving it a 2 chilli rating for its high yield for 2012 and a fair trading range of between 29 cts to 35 cts based on 13-16x FY2011 EPS. The 2 things that  I (he)  don't really like is the " spin-off story" and that OCBC being the placement/underwriter. Track record by OCBC for IPO isn't great.  Just FYI, the 26c price was at the lower end of the 25-28c book building by OCBC a few weeks back. Happy IPOing. teeth53 thot: Well I personnally like OCBC, always great....so far so good...:) Mkt capitalisation after the post-Invitation share capital of 1,000,000,000 Shares -- $260.0 million. Think it is worth more longer then a STAG. Happi Trading to all..:)   |
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
|
|||||||||||||||
teeth53
Supreme |
19-Apr-2012 16:30
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||
x 0
x 0 Alert Admin |
In connection with the Invitation. We have granted to the Issue Manager. The Over-allotment Option exercisable in whole or in part for up to 67,500,000 Over-allotment Shares, representing not more than 15% of the New Shares, within 30 days from the date of commencement of dealing of our Shares on the SGX-ST, at the Issue Price, solely for the purpose of covering overallotments (if any). The Stabilising Mgr may over-allot and/or effect transactions that may stabilise or maintain the market prices of our Shares at levels which may not otherwiseprevail in the open market. The total number of issued Shares immediately after the completion of the Invitation (and prior to the exercise of the Over-allotment Option) will be 1,000,000,000Shares. If the Over-allotment Option is exercised in full, the total number of issued Shares immediately after completion of the Invitation will increase by 67,500,000 Shares. Market capitalisation based on the Issue Price and the post-Invitation share capital of 1,000,000,000 Shares -- $260.0 million. Price Earnings Ratio (PER)  -- Pro forma price earnings ratio based on the unaudited pro forma net EPS of our Group for FY2010 (7.5 times). Pro forma price earnings ratio based on the unaudited pro forma net EPS of our Group for FY2010, assuming that the Service Agreements had been in place in FY2010 (7.8 times).   |
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
teeth53
Supreme |
19-Apr-2012 16:06
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||
x 0
x 0 Alert Admin |
Global Premium Hotels Limited, Invitation in respect of 450,000,000 New Shares (subject to the Overallotment Option comprising:– (a) 13,000,000 Public Offer Shares at $0.26 each by way of Public Offer and (b) 437,000,000 Placement Shares at $0.26 each by way of Placement. Payable in full on application. Issue Manager, Underwriter and Placement Agent -- OCBC Bank, Applications closing  should be received by 12:00 noon on 24 April 2012 or such further period or periods as our Directors may, in consultation with the Issue Manager, in their absolute discretion. 26 April 2012, 9.00 a.m. Commencement of trading on SGX-ST. |
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
teeth53
Supreme |
12-Apr-2012 10:00
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||
x 0
x 0 Alert Admin |
Happi Trading...and congratulation Bumitama vested players.
|
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
|
|||||||||||||||
teeth53
Supreme |
12-Apr-2012 09:52
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||
x 0
x 0 Alert Admin |
For today, the rest of morning trade, expect to trade @about 0.945 to 0.975 cts...Happi Trading.:) | ||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
teeth53
Supreme |
12-Apr-2012 09:20
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||
x 0
x 0 Alert Admin |
Opening S$1.005...so sell sell arhhh.....B4 opening gray is at about 0.88cts to 0.99 cts Happi Trading...:0.O
|
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
teeth53
Supreme |
12-Apr-2012 09:04
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||
x 0
x 0 Alert Admin |
No one dollar - no sell, sell.....arghhh.....Huat huat...arrhh..:)
|
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
|
|||||||||||||||
Huhushares
Member |
11-Apr-2012 22:25
|
||||||||||||||
x 0
x 0 Alert Admin |
eat my $2 service charge apply 30lots get 0  | ||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
nnmmkk
Member |
11-Apr-2012 20:29
|
||||||||||||||
x 0
x 0 Alert Admin |
Just happen to have lots of cash atm. I thought there would be many ppl subscribed so just put all in, hoped to get at least 10 lots but still 0. Is there smt wrong w subscribing DBS Ibanking?   Tmr I see how ah, must also see the impact of the quake on Indonesia |
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
james87
Veteran |
11-Apr-2012 20:07
|
||||||||||||||
x 0
x 0 Alert Admin |
Wah...u really big player ...Me only midget 5 lots. lol. Anyway..will u buy tml? 
|
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
nnmmkk
Member |
11-Apr-2012 20:03
|
||||||||||||||
x 0
x 0 Alert Admin |
me too, subscribed for 150+ lots, got 0 | ||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
|
|||||||||||||||
james87
Veteran |
11-Apr-2012 19:25
|
||||||||||||||
x 0
x 0 Alert Admin |
sad :( gotten nth.  | ||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
teeth53
Supreme |
11-Apr-2012 13:09
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||
x 0
x 0 Alert Admin |
Yup. U r right, don hav to do anything, just  been sure check ur bank account bal n CDP account.
|
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
nnmmkk
Member |
11-Apr-2012 08:46
|
||||||||||||||
x 0
x 0 Alert Admin |
thanks for the detailed explanation sifu!   It is not the first time I trade stock. Just that I have never done IPO before so just wonder whether I have to do anything to 'transfer' from CDP to Phillips account to sell. Seems that I dont have to do anything, just go to POEMS to trade. Yah, I have internet account to trade.  |
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
teeth53
Supreme |
10-Apr-2012 23:49
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||
x 0
x 0 Alert Admin |
Gray - 0.900 cts?, opening....??.
|
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
teeth53
Supreme |
10-Apr-2012 21:43
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||
x 0
x 0 Alert Admin |
Selling through internet access, then give urself more time, 1st - try??, take ur time look n read through...example only. If kena (assuming)  2 lots is = to 2,000 shares Ur trade code, stock name  code P8Z, (P8Z is stock for bumitama) ur price to sell? (buy/sell - click sell), Shares: 2,000 (to key in 2,000) and so on...slowly, take your time to browse through ur Philips trading platform. Wish good first time lucky, (always remember  stock buying/selling is not always a win win for investors.)  |
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
teeth53
Supreme |
10-Apr-2012 21:19
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||
x 0
x 0 Alert Admin |
Selling through broker/Remiser, U have to call him/her. Identify giving ur name and  ur trade code  To  sell, eg: two lots  (a price that is flicking,  it moving numbers is very fast displaying at their their screen) Your broker/Remiser may inform U of the current Selling and buying price, next she/him will ask u,  sell  at what price??. note: time is precious,  on the phone mean other bigger player may not able to call in...unless ur broker is free to entertain. |
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
teeth53
Supreme |
10-Apr-2012 20:44
Yells: "don't learn through life, learn to grow with life " |
||||||||||||||
x 0
x 0 Alert Admin |
1st check ur CDP acct, to confirm Bumitama code P8Z  (the nite B4, the next day, it start it first trading) If got internet account (u should have a buy/sell code to sell), sell through your Phillips internet account is cheaper, in not can also call your broker/Remiser, minimum brokerage $40/-
|
||||||||||||||
Useful To Me Not Useful To Me | |||||||||||||||
nnmmkk
Member |
10-Apr-2012 20:30
|
||||||||||||||
x 0
x 0 Alert Admin |
I subscribed for Bumitama today. Never done IPO before. Any sifu know if I got it (subscribed via DBS), how to transfer the shares to Phillips to sell? I only have Phillips trading account. | ||||||||||||||
Useful To Me Not Useful To Me |