IREIT Global *Official* (SGX: UD1U)

[Opps-gal]

Open for pressing already. Anybody is going to hoot a few lots of this?

 

[SpinFire]

Demand not high leh

I-Reit allocates institutional portion of IPO - Equity - Deals - News - FinanceAsia.com - The network for financial decision makers

 

[Bedokian]

Demand not high leh

I-Reit allocates institutional portion of IPO - Equity - Deals - News - FinanceAsia.com - The network for financial decision makers

More like a reallocation of placement shares between institutions and the owner of Soilbuild.

 

[itedino]

Who is buying? haha. Open for subscription.

Mr. Paul and Dividend warrior please reply.

 

[Dividends Warrior]

Who is buying? haha. Open for subscription.

Mr. Paul and Dividend warrior please reply.

As usual, I shall provide popcorn for everyone! Enjoy!

 

[itedino]

watch only no buy. ok. Thanks for advice.

 

[dustyRoom]

Who is buying? haha. Open for subscription.

Mr. Paul and Dividend warrior please reply.

DW doesn't like IPOs if i remember correctly.

I'm just starting out to build my portfolio but I'm not touching this cos i see europe no up for now.

 

[endlssorrow]

U r right. Coz ipo no history record. So dw only sit back watch movies

 

[Minx99]

My main gripe about this IPO is the asking price is on the steep side, NAV is 78c, they're selling at 88c, 1.13X P/B! Most of the blue chip office reits in Singapore are trading below P/B. Not much meat left, mostly bones....

 

[Paul Lee]

As usual, I shall provide popcorn for everyone! Enjoy!

Excellent! My timing is impeccable as usual.

After the last blockbuster - Massacre at Japanese Golf Course, let look forward to the next blockbuster - Horror at Germanic Tower.

Enjoy the show everyone!

 

[chewjekhui]

My main gripe about this IPO is the asking price is on the steep side, NAV is 78c, they're selling at 88c, 1.13X P/B! Most of the blue chip office reits in Singapore are trading below P/B. Not much meat left, mostly bones....

Wah, daring pricing given the current climate in Russia that would surely affect Europe a few months down the road.

Excellent! My timing is impeccable as usual.

After the last blockbuster - Massacre at Japanese Golf Course, let look forward to the next blockbuster - Horror at Germanic Tower.

Enjoy the show everyone!

The Jap golf course doesnt seem interesting and interest in the IPO seems lackluster given the forums you see plus no strong sponsor. I still like Mapletree line of IPOs, mostly all are stronger with exception of MGCCT.

I will give this a miss given high pricing

 

[cloudfire]

Anyone know the institutional demand for this?

 

[Think09]

Code : UD1U.

 

[boiboi123]

too expensive.. will skip this

 

[Minx99]

too expensive.. will skip this

I can't help but agree with you that the IPO price is on the rich side, but like bees attracted to honey, the generous yield of 8% was too tempting for me to resist, so I tikam a few lots

 

[anfielder]

I can't help but agree with you that the IPO price is on the rich side, but like bees attracted to honey, the generous yield of 8% was too tempting for me to resist, so I tikam a few lots

Yield will be even higher if price drops on debut, which I think is quite likely. Will pick up some if that happens

 

[Minx99]

Yield will be even higher if price drops on debut, which I think is quite likely. Will pick up some if that happens

That is quite possible, but it is my take that it will unlikely drop very much in view of it's high yield, many people will be waiting to scoop it up thereby supporting the price and this one have stabilzing mechanism, unlike Accordia Golf Trust which was a sitting duck

 

[tJ3333]

applied for fun.

allocated 3 lots, out of 12 applied.

let's see how it goes tomorrow.

exciting.

 

[anfielder]

applied for fun.

allocated 3 lots, out of 12 applied.

let's see how it goes tomorrow.

exciting.

That's promising. Those who applied for Accordia got everything they applied for..

 

[havetheveryfun]

when will it be on sgx?