Post Reply
41-59 of 59
Agree, another one of those pennies in due course? Not sure how sustainable is this business model and given the small earnings base, it' ll be used to feed the professionals, listing expenses, etc.
Stocky901 ( Date: 23-Nov-2022 10:16) Posted:
|
this stock poised to go on the path of $0.01 and below. IPO is a good way to increase the value of the shares and for the founding investors to get out.
Frpom many angles i cannot see the merit of investing this company as well as understand how can this company be listed.
Frpom many angles i cannot see the merit of investing this company as well as understand how can this company be listed.
The amount raised by the company is testament to its quality. For a cap raise of < $5M, any well capitalized and strong company should be able to get that in the form of bank loans rather than having to tap on the capital market. For us to better attract quality names to list on SGX, we would also need better examples of new listings. Good showing with NIO and Emperador (though these are secondary listings and listing by introduction with no equity / capital raised) but I guess its also a function of the market conditions.
without prejudice,
so many stocks fm mainland listed years back went bust, we must ask ourselves why those got listed! similaly noble' s 2 or more right issues approved and yet went bust pretty fast and the owner still perhaps enjoying the invested money in hk, something' s not so right, anyway grouses dont bring back invested lost $$, wish the regulators well and hope more local companies go for listings to reflect past mistakes
so many stocks fm mainland listed years back went bust, we must ask ourselves why those got listed! similaly noble' s 2 or more right issues approved and yet went bust pretty fast and the owner still perhaps enjoying the invested money in hk, something' s not so right, anyway grouses dont bring back invested lost $$, wish the regulators well and hope more local companies go for listings to reflect past mistakes
Ryuuenji ( Date: 22-Nov-2022 17:04) Posted:
|
Still got ppl dare to buy ??!!!!
Up to individual.....
Up to individual.....
ahhuat08 ( Date: 22-Nov-2022 16:41) Posted:
|
now ready penny, peanut soon! not worth 1 cent as no tangible assets and nothing valuable in this company only talk esp in noon.
dyodd
dyodd
Stocky901 ( Date: 22-Nov-2022 17:19) Posted:
|
Become NO Talk
SGX Desperate... need IPO to maintain Financial Centre...lol
ahhuat08 ( Date: 22-Nov-2022 16:41) Posted:
|
latest fy earnings only 22k, can buy meh?
Spackman IPO 26 cents, now only half a cent. Be careful this is SG penny stock , can't move up much after listing..,,🫤
eric998 ( Date: 22-Nov-2022 14:48) Posted:
|
be careful.....trade with care...
eric998 ( Date: 22-Nov-2022 14:48) Posted:
|
can below 20c .. trade with care... HUAT...
ysh2006 ( Date: 22-Nov-2022 14:37) Posted:
|
Seng Siong boss is inside think like no signboard can tahan few years before no body see 100 tomes or 1000 times lah...
Stocky901 ( Date: 22-Nov-2022 14:29) Posted:
|
wait for 2 cts..liked LS 2.. 2.3 cts
Stocky901 ( Date: 22-Nov-2022 14:29) Posted:
|
NAV is less than 4 cents. I think this IPO is overpriced. 🥺
uiop1223 ( Date: 22-Nov-2022 12:23) Posted:
|
Most IPO has high valuation, can buy arhh?
P/e ratio almost 2000 🤣 🤣
Good luck
Good luck
today' s listing is prob the best time for investors to upload..let' s c performance in 1 month time..
Media entertainment company NoonTalk public offer 1.2 times subscribed
THE public offer tranche of media entertainment company NoonTalk Media&rsquo s initial public offering (IPO) was around 1.2 times subscribed, the company said on Monday (Nov 21).
Founded in 2011, NoonTalk is a Singapore-based, home-grown media entertainment company that specialises in artiste and talent management, multimedia production and event conceptualisation.
NoonTalk&rsquo s IPO, which comprises 22 million shares at S$0.22 apiece, will raise total gross proceeds of S$4.8 million.
Based on the offering price, NoonTalk&rsquo s market capitalisation is expected to be around S$43.6 million post-offering, the company said.
The IPO comprised a placement of 17.5 million shares to investors, and an offering of 4.5 million shares by way of a public offer.
At the close of the placement on Nov 17, all public offer shares were validly subscribed for, and the company received indications of interest for 5.3 million public offer shares, reaching a total value of S$1.2 million.
All 17.5 million placement shares were also validly subscribed for, with application monies received amounting to S$3.85 million.
NoonTalk expects to begin trading on the Catalist board of the Singapore Exchange (SGX) at 9 am on Nov 22.
Dasmond Koh, executive director and chief executive of NoonTalk, said: &ldquo Listing on SGX serves as a platform to enhance our exposure and allows us to gain access to the capital markets to extend our regional footprint.&rdquo
Anchor investors of the placement include energy supplier Union Energy Corporation Lim Hock Leng, managing director of Sheng Siong Group and Qilin Wealth Fund, a Singapore-based single family office.
Other notable investors include Dr Chong Weng Chiew, who is executive director of Citic Envirotech and previously a Member of the Parliament, as well as chief executive of Ang Mo Kio-Thye Hua Kwan Hospital.
Evolve Capital Advisory is the sponsor, issue manager and co-placement agent for the IPO, while CGS-CIMB Securities (Singapore) is the underwriter and co-placement agent.