Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
(11-02-2014, 11:33 PM)felixleong Wrote: (11-02-2014, 11:25 PM)pianist Wrote: what do u think will be the balloting ratios be like?
"In January 2011, CapitaMalls Asia (CMA) Treasury Limited issued a 1-year bond paying 1% coupon and
3-year bond paying 2.15% p.a. coupon in Singapore, targeted at retail investors. The combined public tranche was 1.8 times oversubscribed. CapitaMall Trust also followed suit shortly and issued a 2-year bond paying 2% p.a. coupon shortly after and likewise meet with strong demand. Apart from CMA Treasury and CMT issues, there have been other corporate bond issues in Singapore targeted at retail investors. Singapore Airline's October 2010 offer and Fraser & Neave's March 2011 offer were also met with overwhelming response."
base on past info, i think CMT 3% will be 1.5-2.5 times oversubcribed. Good luck pressing from ATM ^_^ It seems nobody here is aiming for coffee money? (aka stag) all for long run?
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Posts: 150
Threads: 1
Joined: May 2013
Reputation:
3
(11-02-2014, 11:33 PM)felixleong Wrote: (11-02-2014, 11:25 PM)pianist Wrote: what do u think will be the balloting ratios be like?
"In January 2011, CapitaMalls Asia (CMA) Treasury Limited issued a 1-year bond paying 1% coupon and
3-year bond paying 2.15% p.a. coupon in Singapore, targeted at retail investors. The combined public tranche was 1.8 times oversubscribed. CapitaMall Trust also followed suit shortly and issued a 2-year bond paying 2% p.a. coupon shortly after and likewise meet with strong demand. Apart from CMA Treasury and CMT issues, there have been other corporate bond issues in Singapore targeted at retail investors. Singapore Airline's October 2010 offer and Fraser & Neave's March 2011 offer were also met with overwhelming response."
base on past info, i think CMT 3% will be 1.5-2.5 times oversubcribed. Good luck pressing from ATM ^_^
Well if they are offering 3.08% for a 1-year period, I will be the first one queuing at the ATM machine .
But 7 year ?
A lot of things can happen in 7 years.
You might say you can sell it at the open market anytime you like.
But What if next year US FED start ticking up the interest rate ?
A lot of investor may be scrambling for the EXIT from these ultra-low-interest bonds .
By then how much you can sell away the bond ?
May be 90¢ ? may be 80¢ ? Who knows. 
Posts: 1,039
Threads: 14
Joined: Dec 2012
(11-02-2014, 11:39 PM)Temperament Wrote: (11-02-2014, 11:33 PM)felixleong Wrote: (11-02-2014, 11:25 PM)pianist Wrote: what do u think will be the balloting ratios be like?
"In January 2011, CapitaMalls Asia (CMA) Treasury Limited issued a 1-year bond paying 1% coupon and
3-year bond paying 2.15% p.a. coupon in Singapore, targeted at retail investors. The combined public tranche was 1.8 times oversubscribed. CapitaMall Trust also followed suit shortly and issued a 2-year bond paying 2% p.a. coupon shortly after and likewise meet with strong demand. Apart from CMA Treasury and CMT issues, there have been other corporate bond issues in Singapore targeted at retail investors. Singapore Airline's October 2010 offer and Fraser & Neave's March 2011 offer were also met with overwhelming response."
base on past info, i think CMT 3% will be 1.5-2.5 times oversubcribed. Good luck pressing from ATM ^_^ It seems nobody here is aiming for coffee money? (aka stag) all for long run?
this one even if stag, also not much $$. If open at 1.01 would u sell?
Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
12-02-2014, 12:44 PM
(This post was last modified: 12-02-2014, 12:58 PM by Temperament.)
Ha! Ha!
If i can be assured of 1st day or 1st few days a stag profit, i will dump in all my available capital for any IPOs . For me Stag means Stag. Can anyone of good standing provide the insurance? i am wiling to pay a premium. Maybe the anyone might as well stag himself if 100 % sure.
Even if you are alloted with 1000 lots, will there be liquidity on the 1st few days for you to stag? i don't think so.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Posts: 785
Threads: 9
Joined: Aug 2013
Reputation:
12
(12-02-2014, 12:44 PM)Temperament Wrote: Ha! Ha!
If i can be assured of 1st day or 1st few days a stag profit, i will dump in all my available capital for any IPOs . For me Stag means Stag. Can anyone of good standing provide the insurance? i am wiling to pay a premium. Maybe the anyone might as well stag himself if 100 % sure.
Even if you are alloted with 1000 lots, will there be liquidity on the 1st few days for you to stag? i don't think so.
I have some ready cash that plans to put in FD to yield 1% p.a for 4 months tenor. But now I would consider putting everything in this, probably not gonna sell at 101, but 102 and above is good enough for 1 week investment.
Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
(12-02-2014, 02:01 PM)valuebuddies Wrote: (12-02-2014, 12:44 PM)Temperament Wrote: Ha! Ha!
If i can be assured of 1st day or 1st few days a stag profit, i will dump in all my available capital for any IPOs . For me Stag means Stag. Can anyone of good standing provide the insurance? i am wiling to pay a premium. Maybe the anyone might as well stag himself if 100 % sure.
Even if you are alloted with 1000 lots, will there be liquidity on the 1st few days for you to stag? i don't think so.
I have some ready cash that plans to put in FD to yield 1% p.a for 4 months tenor. But now I would consider putting everything in this, probably not gonna sell at 101, but 102 and above is good enough for 1 week investment. Like i said, even if you are alloted 100 lots, you might not able to stag it within 1 week due to low volume of trading.
Anyway pardon me, can use $CPF at ATM or not?
The last time i tried it with SPH REITS IPO, and was rejected.
i think it is viable as FD interest rate will take sometimes to catch up.
But still i want to stag only and nothing else.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Posts: 785
Threads: 9
Joined: Aug 2013
Reputation:
12
Uncle Temperament, I also donno whether can use $CPF or not, my CPF account almost empty leh, so no keen to find out. I know SCB can subscribe for rights issue, but donno can do for new IPO. Already contacted them and wait for the answer, otherwise go press at ATM for $2. I hope the liquidity is not as low as what you expected, but I said 102 103 is good enough doesn't mean I want to sell mah.
Posts: 785
Threads: 9
Joined: Aug 2013
Reputation:
12
Just checked:
Application and Payment Procedures
The issue price for the Bonds is S$1 per S$1 in principal amount of the Bonds (being 100 per cent of the principal amount of the Bonds). Bonds applied for under the Public Offer are payable in full upon application while the Bonds applied for under the Placement are payable in full on or about the Issue Date of the Bonds.
Under the Public Offer, the minimum subscription is S$2,000 in principal amount of Bonds or higher amounts in integral multiples of S$1,000 thereof. Investors can apply for the Bonds under the Public Offer by way of an application via the Automated Teller Machines of DBS Bank including POSB), OCBC Bank and UOB Group and the internet banking websites of DBS Bank at <http://www.dbs.com>, OCBC Bank at <http://www.ocbc.com> and UOB Group at <http://www.uobgroup.com>, or the mobile banking interface of DBS Bank.
Under the Placement, the minimum subscription is S$100,000 in principal amount of Bonds or higher amounts in integral multiples of S$1,000 thereof. Applications for the Bonds under the Placement may only be made directly through the Joint Lead Managers and Bookrunners, who will determine, at their discretion, the manner and method for applications under the Placement.
The Manager and the Joint Lead Managers and Bookrunners reserve the right to reject or accept any application in whole or in part, or to scale down or ballot any application, without assigning any reason therefor, and no enquiry and/or correspondence on their decision will be entertained. This right applies to all applications for the Bonds.
The Bonds are not eligible for inclusion under the CPF Investment Scheme. Accordingly, prospective investors cannot use their CPF funds to apply for the initial offer of the Bonds under the Offer Information Statement or to purchase the Bonds from the market thereafter. Prospective investors cannot use their funds under the SRS to apply for the initial offer of the Bonds under the Offer Information Statement. They may however use their SRS funds to purchase the Bonds from the market after the completion of the Offer and the listing of the Bonds on the SGX-ST. Investors with SRS accounts should therefore consult their stockbrokers and the relevant banks in which they hold their SRS accounts if they wish to purchase the Bonds from the market using SRS funds.
Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
(12-02-2014, 02:55 PM)valuebuddies Wrote: Just checked:
Application and Payment Procedures
The issue price for the Bonds is S$1 per S$1 in principal amount of the Bonds (being 100 per cent of the principal amount of the Bonds). Bonds applied for under the Public Offer are payable in full upon application while the Bonds applied for under the Placement are payable in full on or about the Issue Date of the Bonds.
Under the Public Offer, the minimum subscription is S$2,000 in principal amount of Bonds or higher amounts in integral multiples of S$1,000 thereof. Investors can apply for the Bonds under the Public Offer by way of an application via the Automated Teller Machines of DBS Bank including POSB), OCBC Bank and UOB Group and the internet banking websites of DBS Bank at <http://www.dbs.com>, OCBC Bank at <http://www.ocbc.com> and UOB Group at <http://www.uobgroup.com>, or the mobile banking interface of DBS Bank.
Under the Placement, the minimum subscription is S$100,000 in principal amount of Bonds or higher amounts in integral multiples of S$1,000 thereof. Applications for the Bonds under the Placement may only be made directly through the Joint Lead Managers and Bookrunners, who will determine, at their discretion, the manner and method for applications under the Placement.
The Manager and the Joint Lead Managers and Bookrunners reserve the right to reject or accept any application in whole or in part, or to scale down or ballot any application, without assigning any reason therefor, and no enquiry and/or correspondence on their decision will be entertained. This right applies to all applications for the Bonds.
The Bonds are not eligible for inclusion under the CPF Investment Scheme. Accordingly, prospective investors cannot use their CPF funds to apply for the initial offer of the Bonds under the Offer Information Statement or to purchase the Bonds from the market thereafter. Prospective investors cannot use their funds under the SRS to apply for the initial offer of the Bonds under the Offer Information Statement. They may however use their SRS funds to purchase the Bonds from the market after the completion of the Offer and the listing of the Bonds on the SGX-ST. Investors with SRS accounts should therefore consult their stockbrokers and the relevant banks in which they hold their SRS accounts if they wish to purchase the Bonds from the market using SRS funds. Thanks! Old man getting lazy.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Posts: 1,039
Threads: 14
Joined: Dec 2012
this one if stag really no meaning, there's little meat as the most its gonna open is $1.01
Its more for people who wanna park their extra cash, in which 3% is better than your local bank deposits
|
Homepage
PR Newswire
