Wilmar Intl    Last:3.43    -0.06

IPO Price RMB25.70

Saw the rumor from China share forum Snowball the IPO date will probably be 13 or 14 Oct.

 

The price translates to a price-to-earnings multiple of 31.12x based on YKA&rsquo s financial year 2019 recurring net profit and enlarged post-IPO share capital.
 

IPO

Wilmar subsidiary to IPO at issue price of $5.16 expects to raise $2.79 bil

https://www.theedgesingapore.com/news/ipo/wilmar-subsidiary-ipo-issue-price-516-expects-raise-279-bil


 

PerfectHarmony      ( Date: 24-Sep-2020 08:12) Posted: I' m afraid it' s time to think about when to sell, rather than when to buy. Before IPO date, if trading price is around 4.5 to 4.8 area, a harvest can be expected in mid Oct. I will not be suprised if YKA is traded at 40 to 50 times PE or even higher.   Haitian Soysource' s PE is 87 currently. But in Singapore market, will you buy at such high PE? I would rather put my money in US tech shares as an alternative.

 

I' m afraid it' s time to think about when to sell, rather than when to buy. Before IPO date, if trading price is around 4.5 to 4.8 area, a harvest can be expected in mid Oct. I will not be suprised if YKA is traded at 40 to 50 times PE or even higher.   Haitian Soysource' s PE is 87 currently. But in Singapore market, will you buy at such high PE? I would rather put my money in US tech shares as an alternative. 

 

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PerfectHarmony      ( Date: 24-Sep-2020 01:47) Posted: Just saw the IPO price of RMB25.70 at Snowball.

 

Just saw the IPO price of RMB25.70 at Snowball.