Back

Latest Forum Topics / LHN    Last:0.6    +0.005

Post Reply

Eurosports global Post Reply Rate topic
gravity8888 Supreme	14-Apr-2015 11:35        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Me too... hee lousy stk .. so early show true color
Useful To Me  Not Useful To Me
kokhong Senior	14-Apr-2015 11:30        kokhong About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	short abit try try...
Useful To Me  Not Useful To Me
KepoChicken Master	14-Apr-2015 11:04        KepoChicken About Contact  Quote this Post!
x 0   x 0  Alert Admin	Done. short 20 lots at 0.22.... just cover at 0.20 earn 344.. not bad. KepoChicken      ( Date: 14-Apr-2015 10:46) Posted: not interesting business .. what to do.. i also short ... pending buy back n3wbie      ( Date: 13-Apr-2015 23:01) Posted: thought it was quite disappointing given that its the first IPO for the year. opened strongly at S$0.255 then went all the way down to close underwater at S$0.22. guess investors are still quite concerned about the overall real estate landscape in general? thought this is quite an unique company given that it is asset light.
Useful To Me  Not Useful To Me
KepoChicken Master	14-Apr-2015 10:46        KepoChicken About Contact  Quote this Post!
x 0   x 0  Alert Admin	not interesting business .. what to do.. i also short ... pending buy back n3wbie      ( Date: 13-Apr-2015 23:01) Posted: thought it was quite disappointing given that its the first IPO for the year. opened strongly at S$0.255 then went all the way down to close underwater at S$0.22. guess investors are still quite concerned about the overall real estate landscape in general? thought this is quite an unique company given that it is asset light.
Useful To Me  Not Useful To Me
n3wbie Elite	13-Apr-2015 23:01        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	thought it was quite disappointing given that its the first IPO for the year. opened strongly at S$0.255 then went all the way down to close underwater at S$0.22. guess investors are still quite concerned about the overall real estate landscape in general? thought this is quite an unique company given that it is asset light.
Useful To Me  Not Useful To Me
gravity8888 Supreme	13-Apr-2015 17:25        gravity8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems that is has performed badly tdy?
Useful To Me  Not Useful To Me
ipohungry Member	13-Apr-2015 15:06        ipohungry About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is the very 1st IPO in Singapore: LHN group, which is in the real estate business.   www.fool.sg/2015/04/06/5-things-you-should-know-about-lhn-limiteds-upcoming-ipo/   There has been a lack of interest and confidence in the Singapore markets for the past 6-12 months. or maybe ever since the Asiason, Liongold, blumont debacle.   However, without the support of the Spore IPO scene, the Singapore market might get into a perpetual stagnant stance. What it needs is the wealth effect to jumpstart the Spore scene again and give confidence to investors.   1st IPO in SG... perform well... followed by 2nd IPO in SG... perform well... followed by 3rd IPO in SG... perform well... Investors then have confidence to invest in other companies.   This lack of interest and liquidity is a chicken and egg situation.   The investors that used to invest in Singapore have become like what real estate is in Singapore as real estate investors have either sat in the dark or have turned their eyes to the overseas market.   Investors should jump back in or brokerages should work together to create liquidity again
Useful To Me  Not Useful To Me
edwinjup Supreme	13-Apr-2015 12:48        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya..price.weak..that why can bet for some kopi.....lol n3wbie      ( Date: 13-Apr-2015 12:37) Posted: share price seems to be slightly weak since opening with quite a fair amount of selling pressure. still staying above IPO price of S$0.23 though. let' s see if they can stay above!
Useful To Me  Not Useful To Me
n3wbie Elite	13-Apr-2015 12:37        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	share price seems to be slightly weak since opening with quite a fair amount of selling pressure. still staying above IPO price of S$0.23 though. let' s see if they can stay above!
Useful To Me  Not Useful To Me
edwinjup Supreme	13-Apr-2015 11:17        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	To me...this one like a mini ARA.....lol edwinjup      ( Date: 13-Apr-2015 10:49) Posted: Business Times, April 07, 2015   RETAIL investors looking for value in promising local, home-grown companies might be disappointed that the Singapore market's first initial public offer (IPO) of 2015, that of real estate manager LHN Group, has no public portion.   Disappointment would be because LHN bears all the hallmarks of a decent IPO that should prove rewarding to shareholders - it is fairly priced, the company is profitable, there is scope for upside and the money is largely to be used for business expansion.   Setting aside for now discussion of whether IPOs should have a compulsory public portion so that they are truly "public" instead of private exercises, LHN's offer follows the example of many preceding Catalist listings in that it is wholly via private placement, in this case 73.9 million new shares at S$0.23 each to raise gross proceeds of S$17 million.   Most of LHN's revenue comes from its space design business, which is the design, refurbishment, leasing and management of properties. This also includes land searches, feasibility studies, design and liaison with relevant government authorities.   The company also makes money from facilities management, which includes building maintenance, security services, cleaning, landscaping, pest control services and car park management service. It also has a logistics services business.   First up is the IPO price, which is pitched at a historical price-earnings (PE) multiple of 6.3 times. Ideally, this should be compared with a broad Catalist PE benchmark to gauge its reasonableness but this is not readily available, at least for the FTSE ST Catalist Index, probably because many second board companies have little or no earnings.   LHN's PE does, however, compare favourably with the Straits Times Index's 15 times, so even factoring in Catalist's higher risk profile which would call for a lower PE, it does appear reasonably priced and could well close at a premium on its debut next Monday.   Second, profitability. Unlike some others before it on the  junior board which list when they are loss-making and have no track record, LHN is profitable - net earnings have grown steadily if not overly spectacularly, from S$7 million in FY2012 to S$12.7 million in FY2014, a compound annual growth rate of 34.7 per cent.   Third, use of proceeds. Again, unlike many other IPOs which raise funds to pay off debts or bank loans or to enable major shareholders to bail out, the bulk of the proceeds will be ploughed into the business.     According to the prospectus and excluding "working capital" a total of S$11.5 million has been earmarked for investment in LHN's various businesses, about 68 per cent of gross funds raised. This is a decent proportion,considering that the comparable ratio for other IPOs in the past has been as low as 20 per cent.   Other indicators also lend confidence that LHN should perform post-listing - net tangible assets is around S$0.14 per share and for FY14, the company generated net cash from operating activities of S$11.2 million.   Like any business, there are risks and the prospectus contains a comprehensive list of the relevant risk factors, a list that spans almost 20 pages. Those considering picking up the shares when they start trading next Monday should familiarise themselves with these factors, especially since LHN does appear to offer good value to long-term holders. Which, because there is no public portion, is more the pity edwinjup      ( Date: 13-Apr-2015 10:37) Posted: Tikam some ...like placement mgr..uobkh.....one of the best ipo mgr in sg... lo
Useful To Me  Not Useful To Me
edwinjup Supreme	13-Apr-2015 11:15        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya..going thailand, indonesia, and mynamar after ipo..... kokhong      ( Date: 13-Apr-2015 10:50) Posted: Is this a new property IPO that also gg into myanmar? Like Yoma?
Useful To Me  Not Useful To Me
kokhong Senior	13-Apr-2015 10:50        kokhong About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Is this a new property IPO that also gg into myanmar? Like Yoma?
Useful To Me  Not Useful To Me
edwinjup Supreme	13-Apr-2015 10:49        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Business Times, April 07, 2015   RETAIL investors looking for value in promising local, home-grown companies might be disappointed that the Singapore market's first initial public offer (IPO) of 2015, that of real estate manager LHN Group, has no public portion.   Disappointment would be because LHN bears all the hallmarks of a decent IPO that should prove rewarding to shareholders - it is fairly priced, the company is profitable, there is scope for upside and the money is largely to be used for business expansion.   Setting aside for now discussion of whether IPOs should have a compulsory public portion so that they are truly "public" instead of private exercises, LHN's offer follows the example of many preceding Catalist listings in that it is wholly via private placement, in this case 73.9 million new shares at S$0.23 each to raise gross proceeds of S$17 million.   Most of LHN's revenue comes from its space design business, which is the design, refurbishment, leasing and management of properties. This also includes land searches, feasibility studies, design and liaison with relevant government authorities.   The company also makes money from facilities management, which includes building maintenance, security services, cleaning, landscaping, pest control services and car park management service. It also has a logistics services business.   First up is the IPO price, which is pitched at a historical price-earnings (PE) multiple of 6.3 times. Ideally, this should be compared with a broad Catalist PE benchmark to gauge its reasonableness but this is not readily available, at least for the FTSE ST Catalist Index, probably because many second board companies have little or no earnings.   LHN's PE does, however, compare favourably with the Straits Times Index's 15 times, so even factoring in Catalist's higher risk profile which would call for a lower PE, it does appear reasonably priced and could well close at a premium on its debut next Monday.   Second, profitability. Unlike some others before it on the  junior board which list when they are loss-making and have no track record, LHN is profitable - net earnings have grown steadily if not overly spectacularly, from S$7 million in FY2012 to S$12.7 million in FY2014, a compound annual growth rate of 34.7 per cent.   Third, use of proceeds. Again, unlike many other IPOs which raise funds to pay off debts or bank loans or to enable major shareholders to bail out, the bulk of the proceeds will be ploughed into the business.     According to the prospectus and excluding "working capital" a total of S$11.5 million has been earmarked for investment in LHN's various businesses, about 68 per cent of gross funds raised. This is a decent proportion,considering that the comparable ratio for other IPOs in the past has been as low as 20 per cent.   Other indicators also lend confidence that LHN should perform post-listing - net tangible assets is around S$0.14 per share and for FY14, the company generated net cash from operating activities of S$11.2 million.   Like any business, there are risks and the prospectus contains a comprehensive list of the relevant risk factors, a list that spans almost 20 pages. Those considering picking up the shares when they start trading next Monday should familiarise themselves with these factors, especially since LHN does appear to offer good value to long-term holders. Which, because there is no public portion, is more the pity edwinjup      ( Date: 13-Apr-2015 10:37) Posted: Tikam some ...like placement mgr..uobkh.....one of the best ipo mgr in sg... lol Sunstar      ( Date: 11-Apr-2015 23:49) Posted: Based on LHN?s listing price and adjusted earnings per share of 3.53 cents for FY2014 after the IPO, the real estate management services provider would have a modest price-to-earnings ratio of just 6.5. Unfortunately, no retail tranche. Mostly placed out to institutions. Otherwise, should see strong performance and good upside from ipo price.
Useful To Me  Not Useful To Me
edwinjup Supreme	13-Apr-2015 10:37        edwinjup About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tikam some ...like placement mgr..uobkh.....one of the best ipo mgr in sg... lol Sunstar      ( Date: 11-Apr-2015 23:49) Posted: Based on LHN?s listing price and adjusted earnings per share of 3.53 cents for FY2014 after the IPO, the real estate management services provider would have a modest price-to-earnings ratio of just 6.5. Unfortunately, no retail tranche. Mostly placed out to institutions. Otherwise, should see strong performance and good upside from ipo price.
Useful To Me  Not Useful To Me
KepoChicken Master	12-Apr-2015 06:24        KepoChicken About Contact  Quote this Post!
x 0   x 0  Alert Admin	maybe 1st day, ppl also shoot down till below 0.2 property, not interested counter.. see swee Hong, starland Sunstar      ( Date: 11-Apr-2015 23:49) Posted: Based on LHN?s listing price and adjusted earnings per share of 3.53 cents for FY2014 after the IPO, the real estate management services provider would have a modest price-to-earnings ratio of just 6.5. Unfortunately, no retail tranche. Mostly placed out to institutions. Otherwise, should see strong performance and good upside from ipo price.
Useful To Me  Not Useful To Me
Sunstar Senior	11-Apr-2015 23:49        Sunstar About Contact  Quote this Post!
x 0   x 0  Alert Admin	Based on LHN?s listing price and adjusted earnings per share of 3.53 cents for FY2014 after the IPO, the real estate management services provider would have a modest price-to-earnings ratio of just 6.5. Unfortunately, no retail tranche. Mostly placed out to institutions. Otherwise, should see strong performance and good upside from ipo price.
Useful To Me  Not Useful To Me

                                                         First   < Newer   21-40 of 164   Older>   Last