Friday 28 July 2017

Aspen's IPO 7.8 times Subscribed

Honestly, I was feeling nervious because I have no idea how Aspen IPO will be received by the market at the very end. My understanding of market demand and trend was right at least from what was reported by Straits Times news today. I have given in my efforts ensuring that my clients would be able take part in this IPO and I hope things will turn out well tomorrow. In time like this, there is no certainty that Aspen IPO could open strong tomorrow because overly subscribed IPO could also mean that there will be sellers in huge quantity. Fingers crossed, we hope for the best.


Updates : 4th August 2017 
Aspen successful listed in SGX. It was unfortunate to see that IPO opened below it's IPO price of 0.23. As of today, one week after IPO, the company is still trading at 0.23. Learning from this IPO, I conclude that market or funds are still very picky about which IPO to support. Even though I learnt that Setia Malaysia was the anchor subscriber for Aspen IPO, it did not promise Aspen with Post-IPO price support. I noted this is an important aspect of IPO play.

Monday 24 July 2017

IPOTRUST first deal - Aspen (Group) Holdings IPO


Aspen (Group) Holdings IPO will be listed on Catalist @ 0.23 on 28th July 2017. There are currently many sites out there that had done very good detailed analysis of the company values, strength, weaknesses and ratings. I am not here to discuss if we should or should not invest in Aspen (Group) Holdings IPO based on these analysis. In my opinion, the most important factor that I take consideration is determining how strong is the market demand for the IPO. Based on that fact, we will have interest in this IPO. I have done my risks vs rewards ratio in IPOs, not just this one. If we continue to participate IPOs based on understanding of market demands and IPOs trend, the returns is going to be very promising. If you share the same sentiments and want to create wealth in this fashion. Come and join me. We have just started this set up, members are growing as well, there are going to be many more IPOs projects which we will be involved in. Do not think that only wealthy people can earn big money, believe that you can too. Why you should trust me, I am with the financial institution and is a registered licensed member. Want to know more of me, contact me @ 98756313.