NetLink Trust *Official* (SGX:CJLU)

Wood41

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He says :
I am offered placement shares but i am seriously contemplating whether to pay that 1% or get it from the ATM given the large issuance. I will decide on that when the number of shares available for public offering is released.

Every investors (be it insurance companies, asset managers, family offices, private banking clients etc) should be able to get what they "demand" for. As such, don't expect much fireworks on its debut. as there isn't any scarcity premium and everyone will get at least some shares. The pricing at the lower end of its book building range probably meant that the demand was lacklustre.

 

opt1m4l

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He says :
I am offered placement shares but i am seriously contemplating whether to pay that 1% or get it from the ATM given the large issuance. I will decide on that when the number of shares available for public offering is released.

Every investors (be it insurance companies, asset managers, family offices, private banking clients etc) should be able to get what they "demand" for. As such, don't expect much fireworks on its debut. as there isn't any scarcity premium and everyone will get at least some shares. The pricing at the lower end of its book building range probably meant that the demand was lacklustre.

Can reject placement one meh?
 

TabascoSauce

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i dont really follow mr ipo so im not sure wat are his investment objectives. but based on this piece alone, i think it is mostly from the perspective of ipo flipping. so if u r flipper, u might wan to give this stock a miss.

and i dun agree with mr ipo and investmentmoat that it is not cheap simply bcos netlink's EV multiple is higher than median or singtel. the risk profile of netlink trust and the median stock is probably very different. given the stability of cashflow, highly regulated and protected biz nature, the risk of netlink is pretty low. and since risk is inversely correlated with EV, it is not surprising that the EV multiple is higher than the median.
 

chiokcc

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Is a long term hold for me if I can get from IPO. If drop below 80c, will consider purchase with SRS money
 

Wood41

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Many are happy with even with SSB yield.
This must be a windfall.
 

plexxor

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This one will be more suitable for those who want to preserve wealth, while still earning a decent return. I think the price should be quite stable.
 
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