Procurri Corporation Ltd *Official* (SGX:BVQ)

[NicoNicoNii]

Anyone vested in this ? Public tranche of 6,880,000 @$0.56

Indicative date/time Event
13 July 2016, 9.00 a.m. Opening date and time of the Public Offer
18 July 2016, 12.00 noon Closing date and time of the Public Offer
19 July 2016 Balloting of applications, if necessary (in the event of an
over-subscription for the Public Offer Shares)
Commence returning or refunding of application monies
to unsuccessful or partially successful applicants
20 July 2016, 9.00 a.m. Commence trading on a “ready” basis
25 July 2016 Settlement date for all trades done on a “ready” basis

 

[Wood41]

HE is back next week ?
Can expect 'deep but negative analysis'.....

 

[NicoNicoNii]

seems like tech company not much love because of the hard to understand business nature.

 

[ShoyaBun]

seems to me procurri is a sub-company of declout, which procurri main business is in datacentre hosting and selling of hardwares.

I would assume its kinda like keppel dc reits? But with additional business line in selling the hardwares and maintenance services in offsite.

I dont mind play lottery and apply the ipo since datacentre should be relatively safe for awhile, since the facilities are about 2 - 3 years old and already in operation.

just my thoughts

 

[Android user]

Anyone vested in this ? Public tranche of 6,880,000 @$0.56

Indicative date/time Event
13 July 2016, 9.00 a.m. Opening date and time of the Public Offer
18 July 2016, 12.00 noon Closing date and time of the Public Offer
19 July 2016 Balloting of applications, if necessary (in the event of an
over-subscription for the Public Offer Shares)
Commence returning or refunding of application monies
to unsuccessful or partially successful applicants
20 July 2016, 9.00 a.m. Commence trading on a “ready” basis
25 July 2016 Settlement date for all trades done on a “ready” basis

Have 20k of declout, might sell 10k of declout to get 5k of procurri

Sent from LGE LG-E988 using GAGT

 

[Layers]

Am i seeing 2 x nav for ipo price?

Sent from Sony E6853 using GAGT

 

[Amsterdan]

mr ipo giv how many chilis?

 

[NicoNicoNii]

seems to me procurri is a sub-company of declout, which procurri main business is in datacentre hosting and selling of hardwares.

I would assume its kinda like keppel dc reits? But with additional business line in selling the hardwares and maintenance services in offsite.

I dont mind play lottery and apply the ipo since datacentre should be relatively safe for awhile, since the facilities are about 2 - 3 years old and already in operation.

just my thoughts

Not exactly, Declout is a business incubator. Their job is to grow all the subsidiaries they acquired.

And procurri is not a data center. They provide hardware service and support to data centres. Means if data centre industry boom, procurri will boom also

 

[NicoNicoNii]

I have around 20k declout shares too. Like seems to stuck at .225 4va.

 

[NicoNicoNii]

Am i seeing 2 x nav for ipo price?

Sent from Sony E6853 using GAGT

One is pre ipo and one is post ipo NAV. of course we will be seeing the post ipo nav.

 

[Android user]

Not exactly, Declout is a business incubator. Their job is to grow all the subsidiaries they acquired.

And procurri is not a data center. They provide hardware service and support to data centres. Means if data centre industry boom, procurri will boom also

May the blessing of the singapore budget and smart nation boom Procurri then

 

[foolosophy]

Prospectus not out yet?

 

[Amigogo]

shud be out liao rite?

 

[disavowed]

Declout valuation seems pretty high

 

[foolosophy]

Can't find it

 

[NicoNicoNii]

Can't find it

https://opera.mas.gov.sg/ExtPortal/...c.aspx?shrID=2eccadf9e04444289fd6a523988bb715

 

[Amigogo]

mus see how many times its oversub....

 

[foolosophy]

Cool, thanks

https://opera.mas.gov.sg/ExtPortal/...c.aspx?shrID=2eccadf9e04444289fd6a523988bb715

 

[lim2568]

hi I'm new here. Initial observation is high salary of directors...is this the industry market range? Receivable also look high however no overdue or default payment.

 

[Leaves87]

Looks like a good buy with high revenue and profit growth leh