OTS Holdings    Last:0.138   -

OTS Holdings

Only 1 million public tranche.

So who are all the sellers last 2 days? Yesterday 26 mio, and today already 28 mio shares done

 

sincerely wish that it could clear 36

 

Wow 35/355......next wk should see 40c liao...

Contratrader      ( Date: 18-Jun-2021 14:19) Posted: 335/34  ...nice Contratrader      ( Date: 18-Jun-2021 13:37) Posted: Some accumulation here ...should be able to see 35c soon.

 

335/34  ...nice

Contratrader      ( Date: 18-Jun-2021 13:37) Posted: Some accumulation here ...should be able to see 35c soon.

 

its mentioned in their prospectus, plant based meat will begin production in 2022

but i read somewhere, someone has already purchased their plant based luncheon meat b4, so need to do some groundwork this weekend to see and taste the food.

Sg_KoalaDreaming      ( Date: 17-Jun-2021 22:38) Posted: looking forward to the day where they start to offer plant based luncheon meat to rival Impossible Foods and Beyond Meat at far cheaper price point at supermarket. That will be the day that will trigger the price catalyst booster to the share price    hope they reward their shareholders with complimentary vochers for their products in their AGM package.

 

Anyone can advice? 

Thanks in advance

Toiletbowl      ( Date: 18-Jun-2021 11:53) Posted: Hi, I apply thru dbs vickers esa. result shows " Provisionally allotted" what does that mean?

 

Some accumulation here ...should be able to see 35c soon.

 

Shorts are beginning to sweat. I can sense it. $0.32

SmallSmall      ( Date: 18-Jun-2021 12:00) Posted: If $0.315 clears and hold, the next level would be $0.33 and hopefully $0.35 SmallSmall      ( Date: 18-Jun-2021 11:47) Posted: Moves like Econ Health post IPO

 

Fair value over 40 cents. Growth company. Huge potential.

 

so strong?

 

🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂 🐂

 

If $0.315 clears and hold, the next level would be $0.33 and hopefully $0.35

SmallSmall      ( Date: 18-Jun-2021 11:47) Posted: Moves like Econ Health post IPO

 

Hi, I apply thru dbs vickers esa.

result shows " Provisionally allotted"

what does that mean?

 

Moves like Econ Health post IPO

 

 

looking forward to the day where they start to offer plant based luncheon meat to rival Impossible Foods and Beyond Meat at far cheaper price point at supermarket. That will be the day that will trigger the price catalyst booster to the share price   

hope they reward their shareholders with complimentary vochers for their products in their AGM package.

 

 

Hopefully can get near IPO price 

 

OTS Holdings debuts on SGX Catalist board at 30.4% above IPO price

Food manufacturing group and brand builder OTS Holdings began its trading debut at S$0.30 on the Singapore Exchange' s (SGX) Catalist board on Thursday, 30.4 per cent or S$0.07 above its initial public offering (IPO) price of S$0.23 per share.

OTS' s portfolio of brands include Golden Bridge, Kelly' s, Golden Lion and Orchid. It has targeted the growing halal food market through retail brand El-Dina and food-service brand Kizmiq through its subsidiary, Ellaziq Singapore.

As at 9.15am, the counter was trading 28.3 per cent or 6.5 Singapore cents higher than its IPO price, at 29.5 cents, with about 15 million shares changing hands. The company was also among the most active counters by volume on SGX in early trade.

The IPO of 41 million shares comprised one million shares under the Singapore public offer - 233.6 times subscribed - and 40 million shares, which were 2.8 times subscribed. Overall, the offering had a subscription rate of 2.8 times.

Based on the invitation price of S$0.23 per share and the post-invitation share capital of 214 million shares, OTS' s market capitalisation will be approximately S$49.2 million.

The IPO and issuance of shares will deliver some S$7.9 million in net proceeds, of which about S$6.6 million will be due to OTS. Funds will go towards expanding the group' s regional footprint, investment in manufacturing capabilities, research and development, and general working purposes.

OTS is looking to accelerate its expansion plans in the regional market, particularly in Malaysia and the Philippines. It will also be tapping its research and development capabilities to introduce its shelf-stable plant-based food products by early 2022.

OTS is the second listing on the Catalist board this year. Private nursing home operator Econ Healthcare re-listed on the Catalist board in April, ending its first trading day 3.6 per cent higher than its IPO price of S$0.28.

 

 

public atm offer only 1m. need to get the overall picture which the edge did correctly.

newbieliu      ( Date: 17-Jun-2021 08:36) Posted: mmm how come theedge said  OTS Holdings IPO 8.4 times subscribed https://www.theedgesingapore.com/news/ipo/ots-holdings-ipo-84-times-subscribed  Copy and paste the above... i think IPO might drop after rise today due to market sentiment is poor. Joelton      ( Date: 17-Jun-2021 08:00) Posted: OTS Holdings' public offer 233.6 times subscribed OTS Holdings, the company behind Golden Bridge luncheon meat, received applications from investors for 233.6 times the number of shares available in the public portion of its initial public offering (IPO), it said on Wednesday evening.   At the close of the public offer at noon on Tuesday, there were 3,809 valid applications for a total of a million of public offer shares, with application monies received from the applications amounting to around S$53.7 million.   The company also received indications of interest for about 110.1 million placement shares, of the 40 million (including 2.2 million reserved shares) available. This translates to a total value of about S$25.3 million and the placement being around 2.8 times subscribed.   Based on the valid applications for its public offer and indications of interest for the placement shares, the invitation was approximately 8.4 times subscribed overall.   Said OTS managing director Ong Bee Chip: " We are pleased with and thankful for the strong confidence that investors have in OTS Holdings' brand portfolio and growth plans for Asia' s consumer markets."   " With our IPO, we intend to accelerate our expansion plans in regional markets, particularly in Malaysia and the Philippines. In addition, leveraging on our R& D capabilities, we will be looking to introduce our shelf-stable plant-based food products by early 2022," said Mr Ong in a press statement on Wednesday.   Based on the invitation price of S$0.23 per share and the post-invitation share capital of 214 million shares, OTS' market capitalisation upon its Catalist listing on the Singapore Exchange will be approximately S$49.2 million.   The IPO and issuance of shares will deliver some S$7.9 million in net proceeds, of which about S$6.6 million will be due to OTS. Funds will go towards expanding the group' s regional footprint, investment in manufacturing capabilities, research and development and general working purposes.   OTS' portfolio of brands includes Golden Bridge, Kelly' s, Golden Lion and Orchid. It has targeted the growing halal food market through retail brand El-Dina and food-service brand Kizmiq through its subsidiary, Ellaziq Singapore.   SAC Capital is the sponsor, issue manager, underwriter and placement agent.