First Sponsor Group *Official* (SGX: ADN)

[missotah]

FIRST SPONSOR GROUP LIMITED IPO.


why no one talking about it? can buy? cannot buy? must buy?

 

[SpeedingBullet]

Not giving money to Mr. Kwek.

 

[Minx99]

FIRST SPONSOR GROUP LIMITED IPO.


why no one talking about it? can buy? cannot buy? must buy?

If no one talking about it, answer most likely "b"

 

[lzydata]

Can see they really put effort into the name

 

[tiny]

Related to First REIT?

 

[zeroX26]

Related to First REIT?

Did u even bother to google for more information on this IPO *face palms*

 

[SpinFire]

Not giving money to Mr. Kwek.

Hahaha yah. He's been calling for PAP to lift cooling measures

 

[SpeedingBullet]

Hahaha yah. He's been calling for PAP to lift cooling measures

lol.. not just that la, the only things gd that ppl can marginally profit from him is CDL & M&C. The rest all underwater.. Hes abit like LKS, dont buy what he sells u

 

[ethan200]

I have read up abit on this. Dong guan has been hollowed out of its sex ind. thus lesser business men will buy a house to store their harems. Chinese markets are (also) not flushed with liquid cash, or free money to loan out.

Also, the Chinese's own real estate cooling measure isn't cooling off the markets alot. Seems like it will go on for a longer period. The chairman is not like the ones previously running the country. The current one is the son of a pioneer lead whom was the communist guerilla tactic's pioneer.

Chengdu, this city is well connected and is the home to many MNEs. Strangely their mix of banks are (mostly international ones) setting up base there and are not much like the other eastern cities; where their mix of banks are largely local.

The Good: Chengdu is becoming the air manufacturing hub of China. Alot of r&d is carried out there for their commercial and military aircrafts.


My take? It's probably the end of the bloom thus, i will give it a pass. It's likely that this prices will face correction even more as the Chinese is more determined to make sure the best cherries are picked by their own.

You do your own sums. Caveat Emptor.

 

[ethan200]

lol.. not just that la, the only things gd that ppl can marginally profit from him is CDL & M&C. The rest all underwater.. Hes abit like LKS, dont buy what he sells u

2nd this too.

 

[lzydata]

1.75 times subscribed.

http://infopub.sgx.com/FileOpen/FSGL-Balloting_Announcement.ashx?App=Announcement&FileID=305966

 

[winorlose]

Better skip Chinese properties Reits now. The yield is damn bad with low tenacity.

FYI, their banks are offering above 5% P.A interest rates for F.D for 1year tenor. 10mioRMB F.D also get 500k RMB..song boh.

I'm in Dongguan now on a business trip and i don't really find anything attractive to invest in a property here.

 

[SpinFire]

1.75 times subscribed.

http://infopub.sgx.com/FileOpen/FSGL-Balloting_Announcement.ashx?App=Announcement&FileID=305966

Very lackluster.

 

[sebastgt]

If no one talking about it, answer most likely "b"

Looks like the people here are pretty smart. Closing price $1.44, below IPO price of $1.50.
Public investor and the cornerstone investors are not as clever, haha.
Lets see the price today.

 

[SpinFire]

Wah, price at 1.39 now. Don't have stabilizing manager? Lol.

 

[Biogentic]

Wah, price at 1.39 now. Don't have stabilizing manager? Lol.

gg to reach 1.37!!! this ipo damn bad?

 

[SpinFire]

gg to reach 1.37!!! this ipo damn bad?

U applied?

 

[tiny]

Better skip Chinese properties Reits now. The yield is damn bad with low tenacity.

FYI, their banks are offering above 5% P.A interest rates for F.D for 1year tenor. 10mioRMB F.D also get 500k RMB..song boh.

I'm in Dongguan now on a business trip and i don't really find anything attractive to invest in a property here.

The words dongguan and business cannot link well in my mind

 

[winorlose]

The words dongguan and business cannot link well in my mind

hahaha dongguan now 扫黄

 

[BeHappyLo]

Today, i start to accumulate this @$1.35 including 1 cent of dividend.