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(Post 1 of 104) 06/18/2003.11:58:31 |
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Will Pheim Asset Management apply for this IPO? Their track record is very impressive leh! 
From yesterday's BT........ Tan Chong Koay, chief executive of the Pheim Asset Management Group, said Micro-Mechanics was poised to benefit from any upturn in the semiconductor industry because of its focus on products that constantly need replacement and because the company has no bank loans. |
| (Post 2 of 104) 06/19/2003.10:51:45 |
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Anybody knows if this ipo is worth subscribing?  |
| (Post 3 of 104) 06/20/2003.00:41:23 |
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DJ SINGAPORE BUSINESS BRIEFS: Funds Like Micro-Mechanics IPO
Source : Dow Jones 19/06/2003 21:05 SINGAPORE (Dow Jones)--The 18.5 million placement shares in Micro-Mechanics (Holdings) Ltd.'s (D.MME) initial public offering have been fully subscribed. Three institutional investors - The Asia Life Assurance Society Ltd., UOB Asset Management Ltd. and Pheim Asset Management (Asia) Pte. Ltd., bought 11 million shares, or 50% of Micro-Mechanics' 22 million IPO shares priced at 23 Singapore cents each. The IPO closes Monday and Micro-Mechanics' shares will trade on the Singapore Exchange's junior board Wednesday. |
| (Post 4 of 104) 06/20/2003.00:43:22 |
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Pheim's IPO track record: DMX, Multivision, Axis Systems, Cheung Woh, ACCS. |
| (Post 5 of 104) 06/20/2003.07:38:44 |
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This one quite interesting.
From the v little I understand abt this company, they supply small items pdts to semicon industry and is usually unaffected by the downturn of this industry because their margin are not squeezed as badly because the cost of their pdts constitute a very low % of the semicon company's cost. Secondly, their pdts are sort of those disposable type so unless the semicon players closes down, Micromech will always have a constant stream of business. |
| (Post 6 of 104) 06/20/2003.07:39:28 |
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Micro-Mechanics designs, manufactures and markets a broad range of tooling, precision parts and consumable materials for the semiconductor industry. The company's products include replaceable rubber pick-up tips, high temperature plastic pick-up tools, tungsten carbide die collets, ejector needles, adhesive dispensing nozzles, device carriers, wire bond clamps and precision custom parts and tooling.
Micro-Mechanics targets its engineering efforts at developing key semiconductor process and precision manufacturing know-how, while investing continually in the latest equipment, automation, facility and design tools. The company markets nearly 10,000 part numbers sold directly or though distributors located throughout the world. Started in 1983, Micro-Mechanics has operations in Singapore, Malaysia, Thailand, the Philippines, China, Switzerland, Taiwan and the United States employing over 200 people. |
| (Post 7 of 104) 06/23/2003.18:38:50 |
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The balloting Ratio is......
Still waiting for announcement...  |
| (Post 8 of 104) 06/24/2003.10:56:00 |
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heard all will get the allotment.this is bad for IPO.  |
| (Post 9 of 104) 06/24/2003.11:05:16 |
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Ya aya very bad for Stags..
Anyway this is a non glamorous industries.. ie consumsbles to semi-con ind. but very stable... To those who believe in this counter only ..sure can sleep wellwith this counter.. |
| (Post 10 of 104) 06/24/2003.11:16:34 |
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actually, semicon is picking up .can buy and keep |
| (Post 11 of 104) 06/24/2003.11:26:19 |
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Sgx is suffering from indigestion !! Too many IPOs in recent weeks. |
| (Post 12 of 104) 06/24/2003.19:16:48 |
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Applied 101 lots... got nothing. |
| (Post 13 of 104) 06/24/2003.22:31:45 |
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This is looking like a good buy in the semi con industry with sound fundamentals. Overall industry is choppy which is really the only bad thing. Do check out their prospectus for their basic core businesses and... I figured out it aint that bad. Too bad they didnt put up their company on Shareinvestor like Ecowater or Radiance. |
| (Post 14 of 104) 06/24/2003.22:39:35 |
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SINGAPORE (AFX-ASIA) - Micro-Mechanics (Holdings) Ltd said the retail tranche of its initial public offering was 127.20 mln times subscribed at the close of its IPO yesterday.
The company sold 22 mln new shares at 0.23 sgd, which comprised a retail tranche of 3.50 mln shares and a placement tranche of 18.50 mln. Micro-Mechanics will start trading tomorrow. jonathan.burgos@afxasia.com jb/ra |
| (Post 15 of 104) 06/25/2003.07:28:16 |
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Ehh.... am swallowing my own words now. Just read the negative research report from Netresearch which makes lots of sense. Lots of targeted statements abt their poor cash on hand and cashflow. This sentence in the long report make me sianzzzzzzzzz liao.
cash and equivalents were S$0.7m which still seems very low (this was exacerbated by a dividend of S$1.6m paid to then-shareholders in February 2003). |
| (Post 16 of 104) 06/25/2003.09:38:30 |
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This business is also high- tech but without any hype likes Bluetooth, Broadband, Dotcom etc..hence have been ignored by most. Those who study Electrical or mechanical engineering will know the potential.
However, the financial data /record for this company does not appear good with erratic earning and margins. Fully valued at current price. |
| (Post 17 of 104) 06/25/2003.18:00:26 |
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Ya, precisely it is no good, so all the bua ya WORKED together in the afternoon to push its price all the way up to 42 cts. I think tomorrow morning they will continue to push the price to 45cts to attract more retailers in and distribute to all the unawared investors - who can't be bothered with FA, buy when the price cheong.
The same was done to Sinomem last Fri. May be the same will repeat for Radiance. Anyway, no vest interest. Just an observation. |
| (Post 18 of 104) 06/25/2003.18:25:56 |
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I feel very stupid, cos I sold my MM IPO lots at 31.5 cents this morning!!
But congrats to the person who bought from me!! |
| (Post 19 of 104) 06/25/2003.18:51:14 |
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basically this guy is cornered.... already hinted... dont know you all can read hints or not!!!  |
| (Post 20 of 104) 06/27/2003.09:29:41 |
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Alamak, almost wanted to buy at opening bell on Wednesday but didnt dare, Now regreting! |
| (Post 21 of 104) 06/27/2003.09:46:52 |
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Remembered I read in Today or Streets that the 4 key mgt in the company are stationed in North South East West!
One in US One in Sweden or Switzerland (i think) Two in Singapore Nationality also very diversed. One American One Swedish or Swiss One HKer One Singaporean |
| (Post 22 of 104) 07/02/2003.17:11:45 |
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THIS IS AN INSANE CORNERED STOCK! ONE DAY RAM UP, ONE DAY RAM DOWN. SGX MUST INVESTIGATE WHO ARE BEHIND THIS!!! |
| (Post 23 of 104) 08/01/2003.14:21:46 |
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Possible dark horse? Looking at the nature of the business country exposure and cosmopolitan/experienced management as well as the fact that the chart is starting to look good (take a look starting to break out). No vested interest as yet - but watching from a distance. Only 107.5 million shares issued with small quantity for public (3.5 M) and 18+ M placed out in May 2003. Small float yet potential for a smart operator to corner volume low today with significant potential any views on this one? |
| (Post 24 of 104) 08/01/2003.15:09:14 |
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Repeat request - any intelligent comments on Micro-Mechanics? See my view below.....
By Telford On Friday, 01 Aug 2003 02:21pm Posting #22 (Viewing #23 of 23 Total) Possible dark horse? Looking at the nature of the business country exposure and cosmopolitan/experienced management as well as the fact that the chart is starting to look good (take a look starting to break out). No vested interest as yet - but watching from a distance. Only 107.5 million shares issued with small quantity for public (3.5 M) and 18+ M placed out in May 2003. Small float yet potential for a smart operator to corner volume low today with significant potential any views on this one? |
| (Post 25 of 104) 08/01/2003.15:46:24 |
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Potential massive CHEONG here ! - see my post below  |
| (Post 26 of 104) 08/01/2003.15:54:16 |
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Telford buey koyok.
tong tong tong tong tong |
| (Post 27 of 104) 08/01/2003.16:00:12 |
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Sgriver - I asked for an intelligent comment - but all I got was Sgriver ! |
| (Post 28 of 104) 08/01/2003.17:32:20 |
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This one is my tip for next week guy in charge is Chris Borch (USA) who has a superb track record for management any expected upswing in the semiconductor industry, which accounts for most of the company's sales should benefit this counter and I anticipate that with ML upgrading the sector this one will fly too as I anticipate will ST Assembly amongst others.
The company deals mainly with products that always require replacement and perhaps one important facet is that Micro- Mechanics has NO BANK LOANS. Customers include OEM's such as Alphasem, ASM, ESEC and Kulicke & Soffa; sub-contract semiconductor manufacturers such as Amkor Anam, ASAT and Carsem Semiconductor; and such well-established brands like Delco Electronics, Hewlett Packard, IBM, Intel, and International Rectifier. Upon launch it is interesting that the 3 institutional investors - The Asia Life Assurance Society, UOB Asset Management and Pheim Asset Management grabbed half of Micro-Mechanics' total 22 million IPO shares and as I wrote earlier Looking at the nature of the business country exposure and cosmopolitan/experienced management as well as the fact that the chart is starting to look good (take a look starting to break out). No vested interest as yet - but watching from a distance. Only 107.5 million shares issued with small quantity for public (3.5 M) and 18+ M placed out in May 2003. Small float yet potential for a smart operator to corner volume low today with significant potential any views on this one? I still await intelligent comments on this one- but so far have not received any |
| (Post 29 of 104) 08/01/2003.17:41:50 |
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Telford,
Can you obtain the following information first?
1. forward BBR for Q4 FY03, Q1 and Q2 FY04 from SIA 2. forward CAPEX of Intel, AMD, TSMC and UMC 3. forward CAPEX of Photronics, Applied Material and Merck We will discuss more meaningful with such information. |
| (Post 30 of 104) 08/01/2003.17:44:28 |
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Sgriver,
Telford buey koyok ah? kekekekee
Chiang Chiang Chiang Chiang Chiang |
| (Post 31 of 104) 08/01/2003.18:05:38 |
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Friedman- here is a cornered stock with the operator poised to push - see recent days as well as the graph - I think that speaks for itself. |
| (Post 32 of 104) 08/04/2003.11:25:53 |
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By Telford On Friday, 01 Aug 2003 06:05pm
Posting #30 (Viewing #31 of 31 Total) Friedman- here is a cornered stock with the operator poised to push - see recent days as well as the graph - I think that speaks for itself. |
| (Post 33 of 104) 08/04/2003.11:38:24 |
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Telford, MM is not on my radar screen. So I am not familar with it. Anyway, cheers for your good call. You improve alot these days ah? No more frivolous calls?
So where does MM goes to in the short term? |
| (Post 34 of 104) 08/13/2003.14:26:16 |
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Next stop 43 cents. Just as I had advised 2 weeks ago
Telford 01 Aug 2003 05:32pm [ Premium User ] Posting #27 Viewing #28 of 33 Stock Price : 0.365 This one is my tip for next week guy in charge is Chris Borch (USA) who has a superb track record for management any expected upswing in the semiconductor industry, which accounts for most of the company's sales should benefit this counter and I anticipate that with ML upgrading the sector this one will fly too as I anticipate will ST Assembly amongst others. The company deals mainly with products that always require replacement and perhaps one important facet is that Micro- Mechanics has NO BANK LOANS. Customers include OEM's such as Alphasem, ASM, ESEC and Kulicke & Soffa; sub-contract semiconductor manufacturers such as Amkor Anam, ASAT and Carsem Semiconductor; and such well-established brands like Delco Electronics, Hewlett Packard, IBM, Intel, and International Rectifier. Upon launch it is interesting that the 3 institutional investors - The Asia Life Assurance Society, UOB Asset Management and Pheim Asset Management grabbed half of Micro-Mechanics' total 22 million IPO shares and as I wrote earlier Looking at the nature of the business country exposure and cosmopolitan/experienced management as well as the fact that the chart is starting to look good (take a look starting to break out). No vested interest as yet - but watching from a distance. Only 107.5 million shares issued with small quantity for public (3.5 M) and 18+ M placed out in May 2003. Small float yet potential for a smart operator to corner volume low today with significant potential any views on this one? I still await intelligent comments on this one- but so far have not received any |
| (Post 35 of 104) 08/18/2003.16:25:44 |
| Author : |
Say no more - next stop 48c
....................................... Telford 01 Aug 2003 05:32pm [ Premium User ] Posting #27 Viewing #28 of 33 Stock Price : 0.365 This one is my tip for next week guy in charge is Chris Borch (USA) who has a superb track record for management any expected upswing in the semiconductor industry, which accounts for most of the company's sales should benefit this counter and I anticipate that with ML upgrading the sector this one will fly too as I anticipate will ST Assembly amongst others. The company deals mainly with products that always require replacement and perhaps one important facet is that Micro- Mechanics has NO BANK LOANS. Customers include OEM's such as Alphasem, ASM, ESEC and Kulicke & Soffa; sub-contract semiconductor manufacturers such as Amkor Anam, ASAT and Carsem Semiconductor; and such well-established brands like Delco Electronics, Hewlett Packard, IBM, Intel, and International Rectifier. Upon launch it is interesting that the 3 institutional investors - The Asia Life Assurance Society, UOB Asset Management and Pheim Asset Management grabbed half of Micro-Mechanics' total 22 million IPO shares and as I wrote earlier Looking at the nature of the business country exposure and cosmopolitan/experienced management as well as the fact that the chart is starting to look good (take a look starting to break out). No vested interest as yet - but watching from a distance. Only 107.5 million shares issued with small quantity for public (3.5 M) and 18+ M placed out in May 2003. Small float yet potential for a smart operator to corner volume low today with significant potential any views on this one? |
| (Post 36 of 104) 08/18/2003.16:58:32 |
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Vested interest, so support Telford lah with a chart lah.... of a plane possibly taking off lah.....
. |
| (Post 37 of 104) 08/18/2003.17:01:15 |
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Wms - Lovely curves - even smoother than NOL ! |
| (Post 38 of 104) 08/18/2003.17:11:35 |
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Telford, sure, lovely curves .... see?? the close is kept low at 39.5c .... very controlled accumulation .... been observing this one for some time oredi ..... sustainable lift off .... good luck har. |
| (Post 39 of 104) 08/19/2003.10:58:52 |
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ROCKETS ZOOMS ! |
| (Post 40 of 104) 08/22/2003.02:02:09 |
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Hi Telford any idea whether the 3 institutional investors - The Asia Life Assurance Society, UOB Asset Management and Pheim Asset Management are still holding their substantial stakes in this babe or has trimmed / exited? thanks |
| (Post 41 of 104) 08/22/2003.02:10:23 |
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Youngtrader - not sure buy it is a buy at 38c and below and a sell at 42c - try to range trade. |
| (Post 42 of 104) 08/22/2003.11:40:06 |
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thanks Telford. me got in at 40c when mkt bled on tue. i thk tech pennies are takin a breather after the recent surge. anyway heartening to read tt semi-con industry expected to record a growth this year. |
| (Post 43 of 104) 08/22/2003.11:53:40 |
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Youngtrader - you are welcome |
| (Post 44 of 104) 09/01/2003.09:36:14 |
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MM CHEONGGGGGGGGGGGGGGGGGGGGGGGG AH
Telford with the superb results , what is your projection ??? 50 cts next objective??? DJ MARKET TALK/SG: Micro Mech Likely Up; FY03 Pft +169% 01 September 2003, 08:49 [Dow Jones] Recent-listed precision tool specialist Micro Mechanics (5DD) likely up after reporting 169% rise in Fy03 profit to $2.9 million before market opens; pre-open quotes show 72 bids and 140 offers at 39 cents vs Friday's 38 cent close. (EYG) |
| (Post 45 of 104) 09/03/2003.22:10:30 |
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Good call Telford!
Stock has gone up abt 8 cents sinz trading at ard 38c last wk. But surprised tt not many ppl talking abt this babe. Hmmm ... |
| (Post 46 of 104) 09/03/2003.23:25:29 |
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MICRO-MEC CHEONGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGAH |
| (Post 47 of 104) 09/04/2003.07:18:09 |
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For more information about MM founder read today issue of STREATS
Afull page write up |
| (Post 48 of 104) 09/04/2003.07:18:45 |
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MM ACHEONGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG AH
THE RIDE CONTINUES.................. |
| (Post 49 of 104) 09/04/2003.09:21:28 |
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Cyberian, just keep on cheering!!
When we tokking in IPCO thread that time onli 35.5c hor. Now up 10c oredi. Good chance got somemore to go. Good luck har. |
| (Post 50 of 104) 09/04/2003.09:44:49 |
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MM
CHEONGGGGGGGGGGGGGGGGGGGGGGGGGG AH |
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