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Astrea VI balloting result (IPO)

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Result of the balloting as follow. As mention in prospectus people who applied less than 50k shares will get confirmed allocation of up to 15k shares. Trading of Astrea VI will start on 19th March 9am. I hope for a decent bowl of ramen 🍜.  Good luck to all. https://lonewolfinvestor.blogspot.com/2021/03/astrea-vi-wolf-reportipo.html Please follow us by clicking on subscribe for latest blog on lone wolf investor  Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is

Astrea VI lone wolf report (IPO)

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Summary  I am not too sure why I am writing this. The bond is neither attractive nor unattractive. It gives a yield of 3 percent. There is probably some lunch money to be made for IPO stag(sell on first min after IPO)my guesstimation 50-100 bucks after brokerage fee for people applying below 50k. My guess it might trade around 1.02-1.03 at first bell.  I wouldn’t bore you on the detail of the bond. Risk associated to bond needed to be considered if one is buying it for long term. I might just apply and stag the IPO for some lunch money to have Ramen. People applying below 50k will get a guaranteed allocation base on the prospectus.  IPO application closed on 16th March 12 noon and trading will start on 19th March. Warning A rising interest rate environment may cause the bond to go below par value.   IPO rating How many wolves? Probably 3 wolves due to yield hungry savers jumping onto the IPO 🐺🐺🐺 Wolf ratings 🐺 Meow 🐺🐺Hot 🐺🐺🐺 Sizzling Please follow us on telegram for the latest

Pico Far East 0752.HK

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Pico Far East is a Hong Kong listed Singaporean run company. They are one of largest mice related service provider. There are 3 big players in Asia under P.C.K. First been Pico, Citineon and Kingsmen creative. Amid the covid 19 pandemic. All companies which are in the mice services sector are hit badly. The main reason why i like about Pico is due to its market leading position which give them economic of scale. They are also the chosen provider for World expo and Tokyo Olympic which speak record of their leadership position to deliver world class events across Asia and beyond. One of the main reason for my preference for Pico is due to their China focus business with close to 50 percent of revenue coming from China. I am predicting China to recover the earliest among all major economies. Channel check has shown life is returning back to normal in China with concerts,events and trade shows been held. This bodes well for Pico. The closest competitor Kingsmen recently suffer a 11m loss i

Nam Lee Pressed Metal Industrial Limited covid 19 Vaccines Transportation play?

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I recently chanced upon a potential covid 19 vaccines transportation play. How can a metal company be involved?  Nam Lee make Aluminium frame for refrigeration container for Carrier global corp. Carrier global corp is the market leader for refrigeration container. Nam Lee has more than 90 percent of the revenue contributed by Aluminium product division with Carrier contribute close to half of that revenue. The revenue from Carrier global corp can’t be underestimated. The recent outlook from Carrier global corp is positive with strong demand for it refrigeration containers due to high demand for perishable. There are also talk of using refrigeration container for transportation of ultra low temperature vaccines.  Nam Lee trades at 34c with a 1.5c dividend payable in Feb. It is also trading at close to 45 percent discount to NAV of 60c. With demand for refrigeration container at all time high. Can Nam Lee benefit from it? You decide Please follow us on telegram for the latest update by c

Lone wolf investor opening line

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Welcome to my blog. I started the blog because I have plenty of time on hand and I am also very passionate about investing especially in Singapore equity. This is a blog to share how an ordinary working person can get just a bit ahead in life with proper well researched and  articulated investment. There are no quick bucks here. Just hardwork and grits. I have no incentive how well you do with your investment or how poorly you did but one golden rule I always remember. One can only be true with your own money and no one owe me a living on this earth. Be that Captain of your financial ship.  Why Singapore? Many of my friends had given up on our stock market but I truly believe there are plenty of merits of buying local. I have make my bucks with primarily local companies without going into option,overseas company, no leverage, no cfd, no currency adventure, no financial shenanigans and no Tesla. Merits are as below. 1.) Home ground advantage  2.) No currency risk if you are a local inve