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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
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Correlation between IPO Booths and its performance?

IPO Booths


It will be interesting to do a correlation between the size of the IPO booths and the performance of the company after its IPO. Any takers?

I am sad to say that many IPOs were not as good as how their IPO booths looked. In fact, some of the companies have even gone bankrupt despite having one of the nicest looking IPO booths at the launch. Perhaps the glitzy booths are just a camouflage for its lack of quality.

I scan through my blog and see many S-Chips booths. I can imagine how much Singaporean investors lost from the many S-chips that were listed here in Singapore. An interesting article to read again will be confession of a S-Chip CEO in case you are a newbie to IPOs. I hope this will help you understand a bit better on why I am very wary with S-Chips. Unfortunately, these scandals have resulted in well managed S-Chips being unfairly penalized with low valuations and many have since been privatized and re-listed elsewhere.

In my personal view, there are only a few S-Chips which i will consider for trading (not invest), example Yanlord and Yangzijiang. Some of you may like China Minzhong, Sino Grandness and China Fishery but i will reserve my judgment for now.

Happy S-Chiping.
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