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(Post 1 of 41)   06/08/2005.17:51:27
Author :
Starzphoenix
The next HTL ?? Kekeke Wrong timing though....even IF it is good

(Post 2 of 41)   06/08/2005.18:01:32
Author :
Clementi
among new hk listed companies in 2004 such as daka design, azeus, anwell, media asia, and new listings in 2005 such as karin and recent FM, is there a SINGLE one that ever performed well?

hk companies, go home lah. dont come to con money.

(Post 3 of 41)   06/08/2005.19:40:16
Author :
Henry_chen
Selling sofa also can list?? If this also can list, I think there are dozen of companies here selling sofa also can list

(Post 4 of 41)   06/08/2005.19:56:24
Author :
Hophlng
Henry_chen... u never heard of HTL?

(Post 5 of 41)   06/08/2005.20:01:43
Author :
Beobjective
There are also a few other Singapore companies selling sofas listed here.

(Post 6 of 41)   06/08/2005.20:07:03
Author :
Starzphoenix
But only one HTL rite From 30 cents in 2002 to $1.34 in 2005. Regret letting it go at 45c but then that is life (and the stock market)

(Post 7 of 41)   06/09/2005.00:06:38
Author :
Musicwhiz
So anyone thinks this is a good one to apply for ?

(Post 8 of 41)   06/09/2005.08:59:44
Author :
Beobjective
Many are bitten and frightened by IPOs, esp. from HK and China. They have yet to recover from their disbelief. I am still comtemplating whether or not to apply for this, given the poor sentiments related to HK and China IPOs. If we look at the IPOs from HK and China listed here recently, not many are above their IPO prices. But things seem to have changed for a little better recently. As a whole, HK people are smarter or more street-wise than us. I am a little scare of their management. We know next to nothing, except from reports. But are reports dependable? How do we do our own reseach? Not worth our time, if we only invest in tens of lots and not thousands. They live in a society where they don't depend much on the Gov. even the man in the street. Singaporeans, on the whole, depend on the Gov. more than their counterparts in HK.

(Post 9 of 41)   06/09/2005.09:29:38
Author :
Curious
Looks like the big jump in 04 earnings came from china - specialty shops and licencees. But they get their ordered filled thru a OEM there. Question. How does Man Wah protect its interest? ie how does it ensure that the OEM does not copy the ideas and use it elsewhere and undercut Man Wah. Ownership of the OEM is not diclosed.

Tax rate is less than 10%. Is it sustainable?

Given the unknown, it will at best trade at discount to HTL

(Post 10 of 41)   06/09/2005.09:40:30
Author :
Beobjective
Curious: You are a serious and careful investor. Good questions. Only those who have intention of investing 'big' will bother to find answers to those questions. Even if they have found them, I don't believe they will share them, FOC. Nothing comes free. As I buy normally in tens, I don't bother too much about research. I based my buy/sell on what I have heard, observed and known. Happy researching.

(Post 11 of 41)   06/09/2005.09:48:19
Author :
Musicwhiz
Hi Beobjective,

I think I follow the same policy as you. The people here who have contributed their comments and good advice are truly worthy of praise !

Sometimes the information may not be easy to find, or may be from different sources. It's always good to get a macro-perspective of the issues facing a potential IPO before anyone plunges in.

(Post 12 of 41)   06/09/2005.09:56:41
Author :
Beobjective
Hi, Musicwhiz: You are not only a musicwhiz, but also a marketwhiz as well. The (wall straits) people believe that their website is better. I wonder how many have actually participated here, besides you? I do read the postings there, but it is not interactive

(Post 13 of 41)   06/09/2005.15:51:39
Author :
Kaze
This one can or cannot tikam har ... ?

(Post 14 of 41)   06/09/2005.15:56:49
Author :
Beobjective
It is advisable, nowadays, to wait till the last day before deciding.

(Post 15 of 41)   06/09/2005.16:00:19
Author :
Starzphoenix
Have to ask Pahlawan, he close to 100% accurate on IPO performance. The only problem for me is that it is china based business, HTL if I am not wrong sells more to US/Europe where profit margins tend to be higher thru their partnership with a German brand. JMHO

(Post 16 of 41)   06/09/2005.16:07:13
Author :
Beobjective
Yes, Pahlawan is the Man! Sentiments play a very important part in deciding the opening IPO price; of course, not forgetting the Big Boys (Girls inclusive}!

(Post 17 of 41)   06/09/2005.16:10:17
Author :
Stock
Hope he logins from his holiday camp


(Post 18 of 41)   06/09/2005.16:11:53
Author :
Musicwhiz
Yes, I would love to hear Pahlawan's comments on this IPO too !

(Post 19 of 41)   06/09/2005.17:27:25
Author :
Tradesman

(Post 20 of 41)   06/09/2005.17:44:29
Author :
Tradesman

(Post 21 of 41)   06/09/2005.17:53:54
Author :
Beobjective
Tradesman: Thanks.

(Post 22 of 41)   06/09/2005.19:20:38
Author :
Starzphoenix
Got bull means good ?? Paiseh a bit blur

(Post 23 of 41)   06/10/2005.14:15:36
Author :
Gallen
looks like a bull rating scale by tradesman:
3.5 out of 5 horns

so quite horny

(Post 24 of 41)   06/10/2005.14:38:07
Author :
Babywing
Looks uninteresting IPO. HTL 'tan-ku-ku'. Not the same league. Imposter. At most a stag.

(Post 25 of 41)   06/14/2005.23:05:50
Author :
Accountants
Heard this is hot. Private placement well received.

Nice business. Potential take over by someone bigger like HTL. Great synergies. Good luck to all holders

(Post 26 of 41)   06/14/2005.23:26:55
Author :
Musicwhiz
Hi Accountants,

Will be waiting for the bigger IPO coming up, STX Pan Ocean. Think this might be THE big one to invest in....shipping is hot now plus this is the first South Korean company to come along.

Now that Prime REIT has been pushed to August, should have enough $ to try for a few lots.

(Post 27 of 41)   06/14/2005.23:32:25
Author :
Accountants
Musicwhiz,

Too bad Man Wah close liao when I heard about it private placement reception.

I have a feeling STX may price it IPO on the high end after so much advertising in the papers. Hope there still meat for us retail investors.

(Post 28 of 41)   06/15/2005.12:40:55
Author :
Tradesman
Yes, more..

(Post 29 of 41)   06/15/2005.16:06:38
Author :
Justgg
hope u r rite accountant. my target for this counter is 0.25.

(Post 30 of 41)   06/15/2005.16:21:42
Author :
Curious
Tradesman, is that morse code?

(Post 31 of 41)   06/15/2005.16:24:16
Author :
Starzphoenix
Hmm the last time I mentioned STX, Pahlawan gave me a pie in the face lol so not sure if I should go for it although since Prime is pushed back, nothing better to play with other than the old favourites anyway

(Post 32 of 41)   06/15/2005.16:26:53
Author :
Tradesman
If you cant fig it out, look for some invisible number lying not SO FAr

[MINIMUM]


(Post 33 of 41)   06/15/2005.20:16:43
Author :
Kaze
Balloting Ratio :

http://info.sgx.com/webcorannc.nsf/110128af387d710b48256f36001a7d60/46bda6d831acd91d482570210032e969?OpenDocument#

(Post 34 of 41)   06/15/2005.22:19:51
Author :
Accountants
98% of the offer are placement shares which are well received. With 4 holders holding more than 55% of it.

Should trade at undemanding PE of 7. Most of the proceeds are for expansion mainly for a new factory. This will improves it PE tremedously next year. Can see 50 cents in 1 year.

Greater potential then HTL. Lower PE. Better Price to Book value. Another great IPO by Stirling Coleman. They should consider listing & fight with WC. Surely they are much better.

If Man Wah can drop tomorrow, all of us can FORGET STIRLING NEXT BIGGER IPO Global Testing Corp. No one will subscribe.

(Post 35 of 41)   06/16/2005.10:01:18
Author :
Accountants
Congrats to all holder. Got kopi $$$ Sadly, I bo.

(Post 36 of 41)   06/16/2005.11:04:29
Author :
Justgg
although its now higher, im happy with e 2c profit

(Post 37 of 41)   06/16/2005.11:07:20
Author :
Tradesman

(Post 38 of 41)   06/16/2005.14:00:33
Author :
Kaze
BROKER CALL - Singapore's HTL Intl kept 'buy'; possible ratings revision -OCBC
SINGAPORE (XFN-ASIA) - OCBC Investment Research said it has reiterated a "buy" recommendation on sofa-maker HTL International Holdings, with the possibility of an upward revision after Hong Kong-based sofa maker Man Wah Holdings' listed in Singapore.

"Man Wah's listing may improve market depth and breadth for locally-listed sofa plays, and lead to better price discovery for HTL shares, " OCBC analyst Chong Wee Lee said in a note.

Man Wah Holdings, a Hong Kong-based company which manufactures leather sofas in China, opened above its initial public offering price of 0.23 sgd on its trading debut here.

"With Man Wah's operational information publically available now, we see the possibility of improved visibility on HTL's operational plans and performances in future," Chong said.

Chong sees HTL's earnings rising from 41.5 mln sgd to 54.6 mln in 2005 and 66.7 mln in 2006.

Chong has fair value of 1.65 sgd on HTL.

At 11.10 am, HTL was down 0.02 sgd at 1.38 on volume of 39,000 shares.

(1 usd = 1.67 sgd)

singapore@xfn.com

str/

MMMM

AFN SGU42-16Jun05 03:22 GMT

AFX ; ASIA ;

(Post 39 of 41)   06/16/2005.15:04:31
Author :
Mtan3
Moving on from Man Wah, any hot & interesting IPO coming our way?

(Post 40 of 41)   06/16/2005.16:18:24
Author :
Musicwhiz
STX Pan Ocean and Prime REIT

(Post 41 of 41)   06/16/2005.17:36:06
Author :
Tradesman


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