*Official* AGV IPO (SGX: 1A4)

[juventusfc27]

Ipo first day can buy one meh? Ipo is take private placement and dump on opening

will this stock be like advancer global?

 

[Sinkie]

will this stock be like advancer global?

No, I don't think so

 

[Sinkie]

Just checked, AGV shares are now in CDP !

 

[xSieghartx]

Just checked, AGV shares are now in CDP !

You subscribed as well?

 

[Sinkie]

You subscribed as well?

try try. no try no huat

 

[koreanlover]

Hope to huat tom!

 

[xSieghartx]

try try. no try no huat

Since you work in CIMB, did you receive extra lots?

 

[winorlose]

hope to huat tmr

 

[Sinkie]

hope to huat tmr

Bb spotted again..

 

[Sinkie]

No shares very hard to take a lot. Even the staff of agv tiagong only got 2000 shares.

 

[Amsterdan]

duno tml will pre mkt burst 30c or not sia

 

[Sinkie]

duno tml will pre mkt burst 30c or not sia

$0.230 is good

 

[Sinkie]

http://infopub.sgx.com/FileOpen/Gen...lts.Final.ashx?App=Announcement&FileID=418953

 

[Perisher]

Can't seem to find the website but anyway, here's a picture of your potential cai shen ye.

Founders of the AGV Group, one of the leading providers of hot dip galvanising services in Singapore, brothers Albert (left) and James Ang.

http://www.straitstimes.com/busines...ion-coating-firm-agv-launches-ipo-on-catalist

AGV Group, a local firm specialised in hot dip galvanising, launched its public offering on Thursday (Aug 18) as it geared up for a Catalist listing.

The company is one of the only five in Singapore that provide anti-corrosion coating for steel and ironworks. The service is commonly applied in construction, engineering, utilities and telecommunications projects.

AGV has put up 26,920,000 at 22 cents apiece for a placement that aims to raise S$4.8 million, or S$4.3 million in net proceeds.

The placement will close at 12 noon on Aug 24, with the listing and trading expected to start at 9am on Aug 26.

The money will be used mainly to acquire full control of a holding company that owns 51 per cent of a hot dip galvanising company operating in Johor, chief executive Albert Ang told reporters at a briefing.

In Singapore, AGV has a plant in Jurong, with a team of around 150 people.

Mr Ang added that his company - co-founded with his brother James in 2012 - has around one third of the market share in Singapore, and about 70 per cent of the demand is supported by public works.

One of AGV's recent key projects was the coating of some 24km-long of fencing around Changi Airport last year, Mr Ang noted.

Group revenue grew from S$15.3 million in 2013 to S$18.8 million last year, while net profit grew from S$1.4 million in 2013 to S$2.2 million over the same period. In the first half this year, revenue was S$9.8 million.

 

[xSieghartx]

Looks to be opening 0.235.

 

[Amigogo]

really is not much movement...

 

[xSieghartx]

really is not much movement...

0.250 now, 14% up from IPO price. Seems to be stabalising around there.

 

[Sinkie]

you all sold what price?? now 255/26

 

[Kinetic88]

you all sold what price?? now 255/26

can buy ? buy liao can huat ?


(copying some 1 famous line)

 

[leonyeoyeo]

can buy ? buy liao can huat ?


(copying some 1 famous line)

Should be can buy,because IPO first week is very active for all new IPO company