IPO   

No Signboard IPO

today overall market not good also, will have some downward pressure.

wishbone      ( Date: 30-Nov-2017 11:17) Posted: At this decling rate since hitting the high after opening, will it go below water and become submarine just on teh 1st day fo trading?    Siwomp      ( Date: 30-Nov-2017 11:09) Posted: Connections and be nice to your remisiers and they will want to help you as well.  Usually in IPO placement, they will give placement to employees, suppliers, etcs, etcs.......

 

Unlikely.......it will look very bad for the under writer/s?

wishbone      ( Date: 30-Nov-2017 11:17) Posted: At this decling rate since hitting the high after opening, will it go below water and become submarine just on teh 1st day fo trading?    Siwomp      ( Date: 30-Nov-2017 11:09) Posted: Connections and be nice to your remisiers and they will want to help you as well.  Usually in IPO placement, they will give placement to employees, suppliers, etcs, etcs.......

 

At this decling rate since hitting the high after opening, will it go below water and become submarine just on teh 1st day fo trading?   

Siwomp      ( Date: 30-Nov-2017 11:09) Posted: Connections and be nice to your remisiers and they will want to help you as well.  Usually in IPO placement, they will give placement to employees, suppliers, etcs, etcs........ destinykraze      ( Date: 30-Nov-2017 11:06) Posted: That is normal. But you shouldn' t give others the idea that it is that easy to get placement shares, it' s not. When you mention many people also get placement shares, it almost sounds like any uncle/auntie can get placement shares from popular IPOs.

 

Connections and be nice to your remisiers and they will want to help you as well.  Usually in IPO placement, they will give placement to employees, suppliers, etcs, etcs........

destinykraze      ( Date: 30-Nov-2017 11:06) Posted: That is normal. But you shouldn' t give others the idea that it is that easy to get placement shares, it' s not. When you mention many people also get placement shares, it almost sounds like any uncle/auntie can get placement shares from popular IPOs.   Siwomp      ( Date: 30-Nov-2017 11:01) Posted: I tend to get more placement for unpopular IPOs..... one example that sticks out was CSM during 1999/2000 time...... my broker was asking me whether i want to take up the balance of close to 20 lots... ($3+ per share)...... sadly money not enough, just took a few..... the rest is history.    I get any where from a few lots to 100 lots for placement.

 

That is normal. But you shouldn' t give others the idea that it is that easy to get placement shares, it' s not.
When you mention many people also get placement shares, it almost sounds like any uncle/auntie can get placement shares from popular IPOs.
 

Siwomp      ( Date: 30-Nov-2017 11:01) Posted: I tend to get more placement for unpopular IPOs..... one example that sticks out was CSM during 1999/2000 time...... my broker was asking me whether i want to take up the balance of close to 20 lots... ($3+ per share)...... sadly money not enough, just took a few..... the rest is history.    I get any where from a few lots to 100 lots for placement.

 

I tend to get more placement for unpopular IPOs..... one example that sticks out was CSM during 1999/2000 time...... my broker was asking me whether i want to take up the balance of close to 20 lots... ($3+ per share)...... sadly money not enough, just took a few..... the rest is history.    I get any where from a few lots to 100 lots for placement.

 

You trade a lot is it? If high roller can easily get placement shares from broker.
But it is easier to get placement shares for less popular shares.
I tried to get placement shares through my broker for Mindchamps, but didn' t get any.

Remisier or broker need to justify why they allocate placement shares to you. If you get a lot of placement shares, either is the IPO no good/leftovers type of IPO, or you are a very rich guy.
If you want to ensure that your IPO is a success, would you prefer to place out the shares to reputable investors who will boost the profile and awareness of your IPO or just give to random uncle/auntie punter?

Siwomp      ( Date: 30-Nov-2017 10:43) Posted: Speaking from experience.......... Many people get placement share lah.  I also got many placement shares from differnt IPO before. destinykraze      ( Date: 30-Nov-2017 10:27) Posted: Placements only for BBs and cornerstone investors. Even if placement void, they will give the lots to other subscribers if any. BBs go ATM to apply for IPO shares? lol

 

Read this

http://www.probutterfly.com/blog/a-sneak-peak-at-the-no-signboard-ipo

 

Speaking from experience.......... Many people get placement share lah.  I also got many placement shares from differnt IPO before.

destinykraze      ( Date: 30-Nov-2017 10:27) Posted: Placements only for BBs and cornerstone investors. Even if placement void, they will give the lots to other subscribers if any. BBs go ATM to apply for IPO shares? lol. Siwomp      ( Date: 30-Nov-2017 10:12) Posted: 125 lots only....this suggests likely invalid application.  Most probably a case where the persons with the placement shares go and apply at ATM for more IPO shares, hence, making their placement void.......

 

http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=18272& msgbdName=No%20Signboard& topicTitle=Open%20Price

 

IPO subscription is always profitable in the short term. Just go for it. Unlikely to lose money from IPO subscription.
NosignBD is probably the least popular IPO for the past 3 months.
But I believe BBs will pump up by at least 10% after it drops to bottom before distributing.

TenPips      ( Date: 30-Nov-2017 10:02) Posted: Agree. This is not as good as Jumbo. That' s why I didn' t even bother subscribing. Google No Signboard for reviews and compare that to Jumbo - very bad reviews probably the reason affecting their core business.  Core business not doing great, and new ventures mean risks. Don' t dare touch. destinykraze      ( Date: 30-Nov-2017 09:36) Posted: I' m going to sell after BBs pump, this stock not good to hold for long term. The tell tale signs are the lower operating and raw material cost. Probably not substainable. If you compare this and jumbo. You can see that jumbo has higher operating cost but despite that, they have higher profit margin.  That means people willing to pay for premium to eat at Jumbo, not so much at Nosignbd. Source from Singapore IPOs blog Declining revenue and stagnating profitability  - The revenue has been declining for the last 3 years with profitability fluctuating between $6.5m to $9m. The future prospects doesn' t seem exciting. Other than the new causal dining concept, it is tough to visualise at this juncture, how the beer and ready-meal business is able to scale up significantly. As you have seen from the results, the Company has not been able to expand beyond its " No Signboard Seafood" heritage  Owners are cashing out  - The owners are cashing out of this IPO. While some may see this as " giving investors" a chance to invest in the business, the fact of the matter is that the owners are selling out at a high valuation and " de-risking" themselves while holding on to a 73% stake. Investors are now taking on the risk of expanding the business into beer and ready meals segment. Overseas expansion failures  - The Company tried to expand to Hong Kong, Jakarta and Macau and the experiences had been humbling. They have not been able to crack the markets beyond Singapore. I hope the lessons learnt from these experiences will come in useful when they use the shareholders' funds to expand overseas but the prior forays has been less than encouraging Future prospects is unclear  - The beer business is newly acquired and the ready-meals business are untested. As you can see from the pro forma statements, acquiring the beer business has been dilutive to its earnings. I am also not sure why the Company is venturing into beer brewing business as it is highly competitive and dominated by a few big brands that distribute brands such as Heneiken and Tiger Other conflict of interest  - Besides the " loss of crown jewel" , the other potential conflict of interest is the Ma2 Shop that operates vending machines selling ready meals in Singapore. The vendor has a 51% stake in Ma2! (see the write up on Mattar Road No Signboard below) Unproven track record of OCBC  - It is surprising to see OCBC back in the IPO game as they have not been able to gain any meaningful toe-hold into this business. Let' s see how No Signboard perform in the coming months before we decide if OCBC is back in the IPO business  (For avoidance of doubt - i was referring to OCBC being the sole lead in the Catalist segment)

 

We put a Buddha picture
To remind ourselves
When we look at Buddha
Buddha is looking back at us
Be nice to others
And Buddha will be nice to you
Dont deceive
Dont press down
Buddha dont like

 

You are obviously inducing people to buy. It' s your problem that you bought at high price like a sucker. Don' t bring people to die with you.
I' m being neutral despite that fact that I' m holding the share, well my entry price is definitely better than yours.
And who told you that I made a loss from kimly? I made 10% profit selling at $0.540.
People are proving their points with facts and numbers, if you have nothing to contribute, you should keep your mouth shut and stop shaming yourself.

wcp2017      ( Date: 30-Nov-2017 10:20) Posted: you only have 4 lot. Instead of saying thank you and being grateful (many subscribed get 0 shares), you complained you get 4 lot only, turns into ingrate kind of person. No wonder you made loss in kimly. destinykraze      ( Date: 30-Nov-2017 09:36) Posted: I' m going to sell after BBs pump, this stock not good to hold for long term. The tell tale signs are the lower operating and raw material cost. Probably not substainable. If you compare this and jumbo. You can see that jumbo has higher operating cost but despite that, they have higher profit margin.  That means people willing to pay for premium to eat at Jumbo, not so much at Nosignbd. Source from Singapore IPOs blog Declining revenue and stagnating profitability  - The revenue has been declining for the last 3 years with profitability fluctuating between $6.5m to $9m. The future prospects doesn' t seem exciting. Other than the new causal dining concept, it is tough to visualise at this juncture, how the beer and ready-meal business is able to scale up significantly. As you have seen from the results, the Company has not been able to expand beyond its " No Signboard Seafood" heritage  Owners are cashing out  - The owners are cashing out of this IPO. While some may see this as " giving investors" a chance to invest in the business, the fact of the matter is that the owners are selling out at a high valuation and " de-risking" themselves while holding on to a 73% stake. Investors are now taking on the risk of expanding the business into beer and ready meals segment. Overseas expansion failures  - The Company tried to expand to Hong Kong, Jakarta and Macau and the experiences had been humbling. They have not been able to crack the markets beyond Singapore. I hope the lessons learnt from these experiences will come in useful when they use the shareholders' funds to expand overseas but the prior forays has been less than encouraging Future prospects is unclear  - The beer business is newly acquired and the ready-meals business are untested. As you can see from the pro forma statements, acquiring the beer business has been dilutive to its earnings. I am also not sure why the Company is venturing into beer brewing business as it is highly competitive and dominated by a few big brands that distribute brands such as Heneiken and Tiger Other conflict of interest  - Besides the " loss of crown jewel" , the other potential conflict of interest is the Ma2 Shop that operates vending machines selling ready meals in Singapore. The vendor has a 51% stake in Ma2! (see the write up on Mattar Road No Signboard below) Unproven track record of OCBC  - It is surprising to see OCBC back in the IPO game as they have not been able to gain any meaningful toe-hold into this business. Let' s see how No Signboard perform in the coming months before we decide if OCBC is back in the IPO business  (For avoidance of doubt - i was referring to OCBC being the sole lead in the Catalist segment)

 

Placements only for BBs and cornerstone investors. Even if placement void, they will give the lots to other subscribers if any. BBs go ATM to apply for IPO shares? lol.

Siwomp      ( Date: 30-Nov-2017 10:12) Posted: 125 lots only....this suggests likely invalid application.  Most probably a case where the persons with the placement shares go and apply at ATM for more IPO shares, hence, making their placement void........ destinykraze      ( Date: 30-Nov-2017 08:35) Posted: Placement shares not fully subscribed by BBs. This isn' t as hot as kimly and jumbo =/ Hope it' s not some dead stock after 1 week.

 

you only have 4 lot. Instead of saying thank you and being grateful (many subscribed get 0 shares), you complained you get 4 lot only, turns into ingrate kind of person.

No wonder you made loss in kimly.

destinykraze      ( Date: 30-Nov-2017 09:36) Posted: I' m going to sell after BBs pump, this stock not good to hold for long term. The tell tale signs are the lower operating and raw material cost. Probably not substainable. If you compare this and jumbo. You can see that jumbo has higher operating cost but despite that, they have higher profit margin.  That means people willing to pay for premium to eat at Jumbo, not so much at Nosignbd. Source from Singapore IPOs blog Declining revenue and stagnating profitability  - The revenue has been declining for the last 3 years with profitability fluctuating between $6.5m to $9m. The future prospects doesn' t seem exciting. Other than the new causal dining concept, it is tough to visualise at this juncture, how the beer and ready-meal business is able to scale up significantly. As you have seen from the results, the Company has not been able to expand beyond its " No Signboard Seafood" heritage  Owners are cashing out  - The owners are cashing out of this IPO. While some may see this as " giving investors" a chance to invest in the business, the fact of the matter is that the owners are selling out at a high valuation and " de-risking" themselves while holding on to a 73% stake. Investors are now taking on the risk of expanding the business into beer and ready meals segment. Overseas expansion failures  - The Company tried to expand to Hong Kong, Jakarta and Macau and the experiences had been humbling. They have not been able to crack the markets beyond Singapore. I hope the lessons learnt from these experiences will come in useful when they use the shareholders' funds to expand overseas but the prior forays has been less than encouraging Future prospects is unclear  - The beer business is newly acquired and the ready-meals business are untested. As you can see from the pro forma statements, acquiring the beer business has been dilutive to its earnings. I am also not sure why the Company is venturing into beer brewing business as it is highly competitive and dominated by a few big brands that distribute brands such as Heneiken and Tiger Other conflict of interest  - Besides the " loss of crown jewel" , the other potential conflict of interest is the Ma2 Shop that operates vending machines selling ready meals in Singapore. The vendor has a 51% stake in Ma2! (see the write up on Mattar Road No Signboard below) Unproven track record of OCBC  - It is surprising to see OCBC back in the IPO game as they have not been able to gain any meaningful toe-hold into this business. Let' s see how No Signboard perform in the coming months before we decide if OCBC is back in the IPO business  (For avoidance of doubt - i was referring to OCBC being the sole lead in the Catalist segment)  destinykraze      ( Date: 30-Nov-2017 08:35) Posted: Placement shares not fully subscribed by BBs. This isn' t as hot as kimly and jumbo =/ Hope it' s not some dead stock after 1 week.

 

125 lots only....this suggests likely invalid application.  Most probably a case where the persons with the placement shares go and apply at ATM for more IPO shares, hence, making their placement void........

destinykraze      ( Date: 30-Nov-2017 08:35) Posted: Placement shares not fully subscribed by BBs. This isn' t as hot as kimly and jumbo =/ Hope it' s not some dead stock after 1 week.

 

Yes, fully agreee that this is stock that I think is not worth keeping for long term. Even for short term, it is not attractive at all.I reckon in no time this counter will likely become submarine.


 

destinykraze      ( Date: 30-Nov-2017 09:36) Posted: I' m going to sell after BBs pump, this stock not good to hold for long term. The tell tale signs are the lower operating and raw material cost. Probably not substainable. If you compare this and jumbo. You can see that jumbo has higher operating cost but despite that, they have higher profit margin.  That means people willing to pay for premium to eat at Jumbo, not so much at Nosignbd. Source from Singapore IPOs blog Declining revenue and stagnating profitability  - The revenue has been declining for the last 3 years with profitability fluctuating between $6.5m to $9m. The future prospects doesn' t seem exciting. Other than the new causal dining concept, it is tough to visualise at this juncture, how the beer and ready-meal business is able to scale up significantly. As you have seen from the results, the Company has not been able to expand beyond its " No Signboard Seafood" heritage  Owners are cashing out  - The owners are cashing out of this IPO. While some may see this as " giving investors" a chance to invest in the business, the fact of the matter is that the owners are selling out at a high valuation and " de-risking" themselves while holding on to a 73% stake. Investors are now taking on the risk of expanding the business into beer and ready meals segment. Overseas expansion failures  - The Company tried to expand to Hong Kong, Jakarta and Macau and the experiences had been humbling. They have not been able to crack the markets beyond Singapore. I hope the lessons learnt from these experiences will come in useful when they use the shareholders' funds to expand overseas but the prior forays has been less than encouraging Future prospects is unclear  - The beer business is newly acquired and the ready-meals business are untested. As you can see from the pro forma statements, acquiring the beer business has been dilutive to its earnings. I am also not sure why the Company is venturing into beer brewing business as it is highly competitive and dominated by a few big brands that distribute brands such as Heneiken and Tiger Other conflict of interest  - Besides the " loss of crown jewel" , the other potential conflict of interest is the Ma2 Shop that operates vending machines selling ready meals in Singapore. The vendor has a 51% stake in Ma2! (see the write up on Mattar Road No Signboard below) Unproven track record of OCBC  - It is surprising to see OCBC back in the IPO game as they have not been able to gain any meaningful toe-hold into this business. Let' s see how No Signboard perform in the coming months before we decide if OCBC is back in the IPO business  (For avoidance of doubt - i was referring to OCBC being the sole lead in the Catalist segment)  destinykraze      ( Date: 30-Nov-2017 08:35) Posted: Placement shares not fully subscribed by BBs. This isn' t as hot as kimly and jumbo =/ Hope it' s not some dead stock after 1 week.

 

He has his Dad' s gene, what he needs is more " grinding" ...........

bllue911      ( Date: 30-Nov-2017 09:26) Posted: Seem weak. Not much support. Maybe Sam Goi' s son name not so strong. Or maybe he is selling since cornerstone no lock up period

 

Agree. This is not as good as Jumbo. That' s why I didn' t even bother subscribing. Google No Signboard for reviews and compare that to Jumbo - very bad reviews probably the reason affecting their core business. 

Core business not doing great, and new ventures mean risks. Don' t dare touch.

destinykraze      ( Date: 30-Nov-2017 09:36) Posted: I' m going to sell after BBs pump, this stock not good to hold for long term. The tell tale signs are the lower operating and raw material cost. Probably not substainable. If you compare this and jumbo. You can see that jumbo has higher operating cost but despite that, they have higher profit margin.  That means people willing to pay for premium to eat at Jumbo, not so much at Nosignbd. Source from Singapore IPOs blog Declining revenue and stagnating profitability  - The revenue has been declining for the last 3 years with profitability fluctuating between $6.5m to $9m. The future prospects doesn' t seem exciting. Other than the new causal dining concept, it is tough to visualise at this juncture, how the beer and ready-meal business is able to scale up significantly. As you have seen from the results, the Company has not been able to expand beyond its " No Signboard Seafood" heritage  Owners are cashing out  - The owners are cashing out of this IPO. While some may see this as " giving investors" a chance to invest in the business, the fact of the matter is that the owners are selling out at a high valuation and " de-risking" themselves while holding on to a 73% stake. Investors are now taking on the risk of expanding the business into beer and ready meals segment. Overseas expansion failures  - The Company tried to expand to Hong Kong, Jakarta and Macau and the experiences had been humbling. They have not been able to crack the markets beyond Singapore. I hope the lessons learnt from these experiences will come in useful when they use the shareholders' funds to expand overseas but the prior forays has been less than encouraging Future prospects is unclear  - The beer business is newly acquired and the ready-meals business are untested. As you can see from the pro forma statements, acquiring the beer business has been dilutive to its earnings. I am also not sure why the Company is venturing into beer brewing business as it is highly competitive and dominated by a few big brands that distribute brands such as Heneiken and Tiger Other conflict of interest  - Besides the " loss of crown jewel" , the other potential conflict of interest is the Ma2 Shop that operates vending machines selling ready meals in Singapore. The vendor has a 51% stake in Ma2! (see the write up on Mattar Road No Signboard below) Unproven track record of OCBC  - It is surprising to see OCBC back in the IPO game as they have not been able to gain any meaningful toe-hold into this business. Let' s see how No Signboard perform in the coming months before we decide if OCBC is back in the IPO business  (For avoidance of doubt - i was referring to OCBC being the sole lead in the Catalist segment)  destinykraze      ( Date: 30-Nov-2017 08:35) Posted: Placement shares not fully subscribed by BBs. This isn' t as hot as kimly and jumbo =/ Hope it' s not some dead stock after 1 week.

 

Normal market pricing. Too much uncertainty in business for new ventures.

destinykraze      ( Date: 30-Nov-2017 09:40) Posted: Unlikely, the base price is $0.28. No BBs is going to short for meagre and unlikely profits. Even if small time retailer shorts, there won' t be any impact. Siwomp      ( Date: 30-Nov-2017 09:34) Posted: BB is trapping the greedy shortists, those that don' t cover at 315..........