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IPO Chilli Ratings

IPO Chilli Ratings
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Singapore Institute of Advanced Medicine Holdings Ltd

Singapore Institute of Advanced Medicine Holdings Ltd ("Sam" or the "Company") is offering 114m new shares comprising 4.415m Public Offer Shares and 109.585m Placement Shares at $0.23 each for a listing on Catalist.  The Company aims to raise $26.2m and the majority of the proceeds will be used to repay debt and the balance for working capital. The market cap based on the IPO price is $231.8m and the offer will close on 14 Feb at 12 noon and starts trading on 16 Feb 2024 at 9am.   Principal Business SAM is a healthcare service provider using advanced technology for early and accurate diagnosis to detect and treat cancer, neurodegenerative and cardiovascular diseases.  SAM has strategic collaborations with public and private institutions for research and clinical work.  SAM's goal is to create a comprehensive one-stop ambulatory cancer centre to undertake the challenges to fight cancer and is one of the first to adopt proto beam therapy treatment in Singapore. Fi

Netlink NBN Trust (Update)



I have previously written a post on Netlink NBN Trust over the weekend. This is the updated post based on its registered prospectus and i will just highlight some of the updates made but the primary analysis and chilli ratings remained unchanged. You can find the prospectus here.



The final pricing is fixed at $0.81 and the offer will end on 17 July 2017 at 12pm and starts trading on 19 July 2017 at 3pm. ðŸ¤” Why 3pm..... did they consult a fengshui master or are they trying to limit first day selling?? There will be 185m shares for the public and the balance 2,713m shares will be done via placement. The Manager also has an over-allotment option of another 123.456m units. The market cap will be S$3,129.8m assuming the over-allotment is not exercised.


Shareholding

Assuming the over-allotment is exercised, then shareholding held by Singtel will fall from 24.99% to 24.23%


Growth Prospects


The final prospectus seemed to tell the story of "growth better" as it showed the possible growth from a study by MPA in the different business segments.

My Chilli Ratings

Remained unchanged at one chilli. Apply only if you like it. There are 185m shares on public offer (similar to HPT), so you should be able to apply and get some shares from the ATM.

Polling (as of 10 July 2017 11pm)

 Click me to vote!

As of 10 July 2017, 545 have voted and 46% of you have voted "Yes". Please feel free to vote if you have not already done so.

Happy Netlinking! ðŸ˜€


Comments

Anonymous said…
the earlier part it should be 185m shares for public and not 185
cheers
Mr. IPO said…
Tks. Amended 😊
Anonymous said…
hey mr ipo, do you think it's worth getting 5000 units? how much should i ballot to perhaps get that amount?
Mr. IPO said…
Well, assuming you are happy with the yield, I think you should ballot for what you are ready to buy and in the event you are under-allocated, you can buy it from the open market. However if you want to force me to make a guess - I think applying for 10,000 shares would be fine as long as you are prepared to hold the 10,000 shares and bet that your allocation will be cut by 30-50%.
Unknown said…
Hi Mr IPO,
Have applied for the ipo.. but by mistake entered less amount.. can again apply.. will the first application get cancelled ? Or entite application will be rejected ? Or changes are for 2nd application ? .
Any insight on this will be very helpfull.
Mr. IPO said…
Think you would need to cancel and reapply. Otherwise both applications will be invalid.
Unknown said…
Hi mr ipo what will be your gut feeling of opening price?
Unknown said…
Hi mr ipo what will be your gut feeling of opening price?
Anonymous said…
Hi pls advise your gut feeling on opening price ▪▪thanks
Mr. IPO said…
Hahaha not sure why so many people asking about the opening price (or same person). Opening price is not important unless you are punting which this counter is not "suited" for. 🤣 My gut feel is open around 81-82. Close around 80-81.
Unknown said…
I've applied for 20 lots, only got 6.
Have a feeling it will pop tmr.