Author Topic: Initial Public Offering (IPO) news in the Philippines (Read 42459 times)

tubbykat · « **Reply #105 on:** Nov 09, 2007, 02:30 PM »

i got 2000 splash shares from first metro securities, and 2000 from citiseconline. accdcg to firstmetro, the fact that they accepted my forms mean that it's a sure ball already that i'll get shares. for citisec, well, i have to check my portfolio upon list date on nov15.

i also got 1000 tkc steel shares from citisec. nov21 pa yung list date, so let's see if i get any shares at all

i think pepsi's coming up also, though i don't know when. then the guranggo ipo also, pero i don't really know who he is.

dadi_drew · « **Reply #106 on:** Nov 09, 2007, 03:40 PM »

gud luck on your ipo picks tubby.

arnoldbf · « **Reply #107 on:** Nov 15, 2007, 02:22 PM »

Hi everybody. Im a newbie here. I read in a newspaper about this IPO thing that's why I surfed the net and here I am posting now. What I read about is the coming IPO for PSBank, TKC steel and Petrolift. Is it much more profitable to purchase stock on the actual listing date of a corporation than on their IPO day? Because based on what i read on this blog, IPO starting values tend to go down more than they go up.

And do you have prefered brokers that are not bias, so small newbies in stock trading can have a fair chance of getting shares?

dadi_drew · « **Reply #108 on:** Nov 15, 2007, 04:04 PM »

imo, if an IPO is over subscribed.. then malamang tataas pa sya after IPO launch. mukhang lukewarm ang splash kaya medyo di maganda sa opening.

tubbykat · « **Reply #109 on:** Nov 23, 2007, 01:45 PM »

dadi_drew: yeah, sinabi mo pa. super wrong move ata yung splash IPO buy ko. but i plan to hold on to it for 6months to a year, coz if i sell it now, super talo ako.

i got TKC IPO shares also. close on list date was 10pesos, and IPO price was 9.68. higher than IPO price but huge drop from last share price (14pesos) before trading was suspended in preparation for the IPO.

nauhe · « **Reply #110 on:** Nov 26, 2007, 11:14 AM »

Any updates on ETEL? AFAIK they would be having an IPO @ 400/share, any latest developments on this?

cjap10 · « **Reply #111 on:** Nov 26, 2007, 11:21 AM »

400/share?! antaas agad ng value ah...

nauhe · « **Reply #112 on:** Nov 26, 2007, 11:48 AM »

here's only what I've got from Philstock's report

Par value - P2.00 per share
Offer price - P400.00 per share (Based on the closing price of ETEL's American
Depositary Shares at the NASDAQ on the trading day immediately preceding the PSE Listing Date.)
No. of shares - 28,907,038 common

I'm still looking for other info, baka kau meron din pa share nalang din po

ffullero · « **Reply #113 on:** Dec 04, 2007, 10:20 PM »

shucks grabe naman splash

6.80 na lang ngayon, listing price is aroung 8.++ sumthing no?

magna · « **Reply #114 on:** Dec 10, 2007, 11:01 AM »

Hi Im newbie. What coming IPOs for 2008 would you recommend? thanx

geegee · « **Reply #115 on:** Dec 18, 2007, 12:21 AM »

Newbie here too.....

magna, I think that Shell may opt for an IPO next year.
I could not really recommend it at this point because
no one knows yet the details of their IPO (price,
etc. etc. etc.).

Seaoil is also planning.

Industry wise, the petroleum industry is not so
hot. Just look at Petron IPO.

2008 may not be such a hot year for IPO what with
the current global uncertainties caused by the
depressed U.S. real estate market which is pulling
down our stock market.

I'd rather invest my funds in existing stocks (play
the market) rather than bet on IPOs.

Posted on: Dec 18, 2007, 12:14 AM

I got tempted by SPLASH.....well almost then
common sense prevailed. It was overpriced
and its such a small company. Not a good
combination.
Posted on: Dec 18, 2007, 12:16 AM

Last IPO I got was for PNOC EDC at 3.20 (ipo price). Went
up to 7 plus a few weeks back but I did not sell. I figure
with the full privatization in place (assuming the joint
power commision doesnt derail it), the company will perform
even better. The reason is simple: government run companies
suck. privately run companies perform much better.

foolcha · « **Reply #116 on:** Dec 18, 2007, 12:42 PM »

It doesn't really matter which industry is hot if your investing in IPO it's a 50/50 chance pag IPO kasi it's more of a marketing that really matters in IPO hinde naman kung maganda or panget hirap malaman yun if your a small player.

geegee · « **Reply #117 on:** Dec 18, 2007, 02:14 PM »

foolcha.....

I disagree. Choosing the right industry is as important as choosing the right company to invest your
stock market money. Case in point is the food and beverage industry. Why is it lagging compared to the property
and mining sectors? Because it is not a hot industry to be in. Who wants to buy SMC or RFC right now?
No one.

We all know that mining and property are hot right now so it follows that IPOs within that sector
would have an even greater chances of success than those belonging to other sectors. In addition,
its more than marketing that will ensure its success. From experience, it is going to be successful when
there is a confluence of the following events: positive general sentiment on the market, oversubscription
(by both local and foreign investors), below market P.E. as reflected by the IPO price, strong revenue prospects,
a good track record of profitability for the company and the industry it belongs to, market liquidity and timing of the IPO.
Of course BUZZ (or marketing) is also a positive contributory factor.

I do agree that it is hard for small investors to make a more informed decision because of lack
of access to financial information that the big investors/brokers have.