IPO   

IPO-ing. what U should look out for...

For IPO after the new lot size system, do people get allocated 100 shares kind of lot size? 

 

their boss should want face value, should be able to support at current level or higher ...

 

teeth53      ( Date: 11-Nov-2015 18:07) Posted: Ok, since after it offered. Jumbo closed on it 2nd day at 0.320 cents. It opened (2nd day) @0.335c, hit a low of 0.310c. Jumbo may bring another chance to go long, if it hit lower, as this is let by market players expectation. So let market decide how best it want it to be....whether is up or down. teeth53      ( Date: 03-Nov-2015 22:01) Posted: Think got some kopi money, anticipating only...Good for a STAG.

 

Ok, since after it offered. Jumbo closed on it 2nd day at 0.320 cents. It opened (2nd day) @0.335c, hit a low of 0.310c.

Jumbo may bring another chance to go long, if it hit lower, as this is let by market players expectation. So let market decide how best it want it to be....whether is up or down.

teeth53      ( Date: 03-Nov-2015 22:01) Posted: Think got some kopi money, anticipating only...Good for a STAG. teeth53      ( Date: 29-Oct-2015 12:33) Posted: http://www.channelnewsasia.com/news/singapore/seafood-restaurant-owner/2223910.html?cid=FBSG Jumbo Group, which runs a chain of seafood restaurants, has launched its initial public offering (IPO) to raise about S$22 million through a listing on the Catalist board. It is offering a total of 88.23 million shares at 25 cents. About  2-mil shares will be made available to the public while the remainder will be offered on a placement basis. In a statement. Jumbo said investment firm Orchid 1 Investments and Osim International CEO Ron Sim have separately subscribed a total of 72.1 million shares as cornerstone investors. Orchid 1 Investments is a company managed and controlled by Temasek Holdings subsidiary Heliconia Capital Management Pte Ltd. Based on the IPO price, Jumbo will have a market capitalisation of approximately S$160.3 million. Jumbo has a total of 14 F& B outlets in Singapore and two outlets in China under five restaurant brands which include Jumbo Seafood and JPOT. Going forward, it plans to launch at least four more outlets in Singapore and China over the next two years. Jumbo also plans to refurbish and renovate its existing outlets to enhance its customers&rsquo dining experiences. The IPO closes on Nov 5 and Jumbo shares are expected to start trading on a &ldquo ready&rdquo basis on Nov 9.

 

Jumbo Grp Limited - Balloted Results

Jumbo announced its placement IPO offered shares was 8x over subscribed and the 2m public tranche was 300x over-subscribed. (Very hot-chilly crab) so it can be alot difficult to get, many can be disappointed.

Jumbo indeed is very chilly-hot... Looking at the two big funded, Cornerstone Investor, the like of Termasek n Osim paid for at $0.25cents (no discount) n list of institutional investors. It is also 8x over subscribed..

Retail of 2m public offering is indeed even hotter. Lucky for those who got, (only to have sufficient headcount for listing, together with institutional support...Huat huat argh...:))

Investors are mainly reputable "long only" asset mgrs such as Fidelity, Lion Global and Nikko. It bode well for Jumbo.

As for public investors, as Investors who apply for 50 lots will get a 3:99 chance and be allocated 8,000 shrs. Thank your lucky stars. Those who you can get it. 

I am expecting a nice big bang on coming Monday  .

HappyiJumboing :)

 

Bigmama  Elite	Posted: 06-Nov-2015 21:31
x 0    x 0	So... What is the opening price in Monday?

 

Should be 37-42c. May even go above 45c

 

 

So... What is the opening price in Monday?

 

Of the 3 banks. UOB is the quickest to know n DBS / POSB is the last, sometime after 8pm today.

 

Hi Halleluyah. U are very sgarp minded :)
Quickest chk is bank account. N myself. I tompan on BBs in my name.
Hope can get a few lots...huat huat to those vested.

halleluyah      ( Date: 05-Nov-2015 07:46) Posted: Bro teeth, when can noe how many allotment get n how to noe beside calling up cdp? teeth53      ( Date: 05-Nov-2015 04:57) Posted: Jumbo IPO offering at $0.250 cents today. Closing at 12 noon.

 

It' s usually one day after IPO closes... Therefore, tomorrow around evening time. Check at 7pm.

 

Seems like results are not out today. Anyone knows the exact?

 

tks bro ray. did u apply?? my broker cakap not tat gd lei fr tis type of business....

rayoflight      ( Date: 05-Nov-2015 09:37) Posted: ipo application ends at 12noon. By tonight u will know

 

ipo application ends at 12noon. By tonight u will know

 

bro ray, by when they refund?? tomolo kah??

rayoflight      ( Date: 05-Nov-2015 08:27) Posted: halleluyah, u will know how much u r allocated by the amount they refund u

 

halleluyah, u will know how much u r allocated by the amount they refund u

 

Bro teeth, when can noe how many allotment get n how to noe beside calling up cdp?

teeth53      ( Date: 05-Nov-2015 04:57) Posted: Jumbo IPO offering at $0.250 cents today. Closing at 12 noon.

 

Jumbo IPO offering at $0.250 cents today. Closing at 12 noon.

 

They did not say going to pay the subsidiaries' conditional interim dividends to Jumbo Holding Shareholders, they only say the Jumbo subsidiaries will pay dividends to Jumbo Holding after 5 days of trading - IPO. Shareholders still need to wait depending on their dividend policies and year end financial results 

n3wbie      ( Date: 04-Nov-2015 22:34) Posted: the paying out of the interim dividend to existing shareholders few days after trading debut seems like a somewhat good strategy for the owners but probably not so for IPO subscribers?

 

Please read page 49 of Jumbo' s prospectus on their Dividend Policy. Subsidiaries flow up to Jumbo Holding is just to park it there.

 

Past Dividends Since incorporation, our Company has not declared any dividends. Our Group has declared and paid dividends of S$1.4 million, S$1.9 million, S$1.5 million and S$1.0 million in FY2012, FY2013, FY2014 and 1H2015 respectively.

On 19 October 2015, our subsidiaries declared an aggregate of approximately S$51.7 million in conditional interim dividends, which shall be paid within five (5) business days of the date our Company is admitted to Catalist and trading in our Shares commence. Please refer to the section entitled &ldquo Restructuring Exercise&rdquo of this Offer Document and the &ldquo Independent Auditors&rsquo Report and the Compilation of the Unaudited Pro Forma Combined Financial Information for the Financial Year Ended 30 September 2014 and the Six-Month Period Ended 31 March 2015&rdquo as set out in Annex C to this Offer Document for more details. Save as disclosed above, no dividends have been declared by our Company or our subsidiaries during the Period Under Review.

Dividend Policy

We currently do not have a fixed dividend policy. Any declaration and payment of dividends in the future will depend on, inter alia, our Group&rsquo s operating results, fi nancial conditions, cash fl ows, expected future earnings, capital expenditure programme(s) and investment plans, the terms of our borrowing arrangements (if any) and other factors deemed relevant by our Directors. There can be no assurance that dividends will be paid in the future or of the amount or timing of any dividends that will be paid in the future. Any final dividend paid by us must be approved by an ordinary resolution of our Shareholders at a general meeting and must not exceed the amount recommended by our Board of Directors. Our Directors may, without the approval of our Shareholders, also declare an interim dividend. All dividends will be paid in accordance with the Companies Act. Payment of cash dividends and distributions, if any, will be made in Singapore dollars to CDP on behalf of Shareholders who maintain, either directly or through Depository Agents, Securities Accounts with CDP. Subject to the above, our Directors intend to recommend and distribute dividends of not less than 30.0% of our net profi ts attributable to our Shareholders in each of FY2016 and FY2017 (&ldquo Proposed Dividend&rdquo ). However, investors should note that all the foregoing statements, including the statements on the Proposed Dividend, are merely statements of our present intention and do not constitute a legally binding obligation on the part of our Company in respect of the payment of any dividends, which may be subject to modification (including any reduction or non-declaration thereof) in our Directors&rsquo sole and absolute discretion. The amount of dividends declared and paid by us should not be taken to be an indication of the dividends payable in the future. No inference should or can be made from any of the foregoing statements as to our actual profi tability or our ability to pay dividends in the future or any of the periods discussed. Please refer to Annex J to this Offer Document for information relating to Singapore taxes payable on dividends.

 

the paying out of the interim dividend to existing shareholders few days after trading debut seems like a somewhat good strategy for the owners but probably not so for IPO subscribers?

 

Got a little placement shares.... Wonder if it is good?