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Union Gas IPO

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Old 04-07-2017, 08:36 PM   #31
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You sell your underwear maybe also cannot get 10,000 share lol
lol. got so hot ah?

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Old 04-07-2017, 08:48 PM   #32
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I am not Britney Spear .

You sell your underwear maybe also cannot get 10,000 share lol
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Old 04-07-2017, 08:50 PM   #33
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Pressing 1,000,000 in atm now!
jsk bb sia! i can only press 100,000 nia
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Old 05-07-2017, 08:34 AM   #34
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This one buy can huat or not?

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Old 05-07-2017, 09:15 AM   #35
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wondering what will happen if 1 day it "run out of gas"



oops sorly, that phrase ish used to mean the car run out of petrol.

moi bad.

hoot hoot hoot, hoot hor it ki.
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Govt flipping policies just like this prata man, patterns more than badminton.
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Old 05-07-2017, 09:17 AM   #36
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This one buy can huat or not?

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DYODD
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Old 05-07-2017, 10:09 AM   #37
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How to buy? Ocbc ipo is "empty"...
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Old 05-07-2017, 10:15 AM   #38
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How to buy? Ocbc ipo is "empty"...
think gotta wait for the IPO to be "registered" status... typically is at least 2 wks from "lodged" status
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Old 05-07-2017, 11:24 AM   #39
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Preliminary offer document
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Old 05-07-2017, 04:44 PM   #40
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Just called CIMB for placement , the broker told me demand is high. Huat ar
means what?
small fish dun get any hur?
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Old 05-07-2017, 06:10 PM   #41
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This company is just a retailer, not a producer... why would it be affected? U c oil fluctuate like mad, shell, ExxonMobil etc got affected or not?

Read some day before, Qatar will ramp up natural gas output and sell at cheap price.

Will it's be bad news for union?
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Old 05-07-2017, 06:10 PM   #42
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Read some day before, Qatar will ramp up natural gas output and sell at cheap price.

Will it's be bad news for union?
My guess is not really a gd or bad news.. Iirc, the volatility of price doesnt have a severe impact for union gas. This is because they will be able to procure much cheaper and charge their customer cheaper as well.. I think this was explained in the revenue comparison between the period fy2016 vs fy2015 and fy2015 vs fy2014
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Old 05-07-2017, 06:27 PM   #43
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Had a quick read of the prospectus. Union Gas sells LPG, CNG and Diesel. It's LPG sales from 2014-2016 is stagnant. CNG sales have been declining rapidly from 2014-2016. Its Diesel business started out in 2015, and has grown since then. Looks like its business is currently depending on just Diesel sales for growth.

The main buyers of its CNG are the natural gas vehicles, which are rapidly declining.

I think it depends on how much the IPO is priced at. Usually Chinese bosses will leave money on the table for investors.

Last edited by SpinFire; 05-07-2017 at 06:39 PM..
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Old 10-07-2017, 01:05 AM   #44
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got ATM mah???????????
when list?!
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Old 10-07-2017, 01:09 AM   #45
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