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(Post 1 of 506) 04/03/2001.13:51:29 |
| Author : |
Unidux Electronics gets in-principle approval to list
PRESS RELEASE SINGAPORE – 3 April 2001 - Unidux Electronics Limited (“Unidux”), in the business of trading and distribution of electronic components, has received in-principle approval from the Singapore Exchange Securities Trading Limited for a listing on the Stock Exchange of Singapore Dealing and Automated Quotation System (“SGX Sesdaq”). KeppelTatLee Bank Limited is the lead manager and e2-Capital Pte Ltd is the co-manager for this proposed initial public offering of shares in Unidux. Unidux is primarily involved in the trading and distribution of active and passive components in the Asian region. The Group represents over 200 suppliers and distribute more than 60 product groups of electronic components. The Group’s humble beginnings began in 1989 in a 1,200 sq ft office space at Jalan Sultan. Today, Unidux has operations and warehousing facilities in Hong Kong, Indonesia, Malaysia, and Singapore. It also has a representative office in Suzhou, China. “Our presence in these strategic locations enables us to be in close proximity to our customers. This is instrumental for our quick response to better meet customers’ changing business needs,” said Mr Tan Yew Teong, Managing Director, Unidux Electronics Limited. Unidux was initially a wholly-owned subsidiary of Unidux Inc, a company listed on the Tokyo Stock Exchange and in the business of trading and distribution of electronic components since 1972. Unidux Inc, which is 28.35% owned by Mitsubishi Corporation as at 29 March 2001, is currently the Group’s substantial shareholder at approximately 40.4% of its pre-invitation issued and paid-up share capital. The Group’s core business segments include: Referral Business The Group contracts for the supply of components initiated by Unidux Inc – a business which accounts for 41% of Group turnover for the 12 months ended 31 March 2000. Procurement Services The Group acts as a procurement agent for its customers and sources for components from specified suppliers. Procurement services contributed 16% to Group turnover for the 12 months ended 31 March 2000. Distribution Business The Group’s general sale and distribution of electronic components is the major contributor, accounting for 43% of Group turnover for the 12 months ended 31 March 2000. Online Trading Through its subsidiary, ECTU.Com Pte Ltd (“ECTU”), Unidux has also web-enabled its business to provide its customers and suppliers with an alternative means to trade with the Group via the Internet. ECTU only commenced operations recently and is continuously enhancing the features of its portal. Provision of IT services The Group’s recently incorporated subsidiary, Unidux Technologies Pte Ltd, provides IT services such as IT systems implementation, web design/web enabling and e-commerce development. Unidux distributes various electronic components used in a myriad of applications in the information technology (IT), consumer electronics and telecommunications industries. These components are used in household appliances, audio-visual equipment, as well as communication and network equipment, amongst others. The Group’s customer base includes major Japanese multinationals such as Sony, Matsushita, Sharp, Toshiba, Epson and Aiwa. Numerous awards and accolades conferred by customers bear testimony to the Group’s unrelenting commitment in delighting customers with quality products and services. These awards were presented in recognition of service support, customer satisfaction, as well as exceptional quality and control systems, amongst others. As a further value-add to its electronic components business, Unidux provides associated logistics services and preservation, pick and pack services. These include: - breaking bulk for component parts to meet customers’ requirements - warehousing and logistics needs - preservation of components through temperature/humidity control and sealing to prevent oxidisation - identification of component defects/breakages - cleaning and identification of component polarity/orientation - packing of components and bar-coding of component packages Financial Performance The Group achieved an unaudited turnover and profit before tax of $143.65 million and $4.40 million respectively for the financial year ended 31 December 2000. Its compounded annual growth rate for profit before tax between financial year ended 31 March 1998 and financial year ended 31 December 2000 is 197.1%. The offer or invitation, when made, to purchase or subscribe for shares in Unidux Electronics Limited (the “Company”) will be accompanied by a final Prospectus to be lodged with the Registrar of Companies and Businesses. Any application to purchase or subscribe for shares in the Company must be made in the manner and on and subject to the terms and conditions set out in the final Prospectus. CONTACT INFORMATION Scotchbrook-BSMG Worldwide Tel: 235 3121 Winston Choo, winston@scotchbrook-bsmg.com.sg Ong Choon Hwa, ongchoonhwa@scotchbrook-bsmg.com.sg |
| (Post 2 of 506) 04/03/2001.13:52:39 |
| Author : |
Unidux Electronics receives in-principle approval to list
Source : AFX 03/04/2001 12:21 SINGAPORE (AFX-ASIA) - Unidux Electronics Ltd said it has received in-principle approval to list on the Singapore Stock Exchange. Keppel Tatlee Bank Ltd is the lead manager and e2-Capital Pte Ltd is the co-manager for the proposed initial public offer of the company's shares, it said. Unidux Electronics, which is involved in the trading and distribution of electronic components, is a subsidiary of Tokyo-listed Unidux Inc. Unidux Inc has a stake of about 40.4 pct in Unidux Electronics' issued and paid-up share capital. Unidux Electronics said it achieved profit before tax of 4.40 mln sgd on sales of 143.65 mln sgd in 2000. |
| (Post 3 of 506) 04/14/2001.18:46:02 |
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Quite a rare company becos hard to breakinto Jepun electromnics markets where unidex is strong as I hear Mitsubishi is shareholder. Don't buy if you think Jepuun is finshed. But if u think Jepun will comeback, unidex canbe very interseting. I hear unidex is cash-rich and no borrowing... Forumites ??    |
| (Post 4 of 506) 04/27/2001.13:45:03 |
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I heard this stock not havent listed already quite HOT man!! my buddies tell me that his brokers calling him to enquire abt this IPO. Hear that people apply BIG man for the placements!! I think this company can GO !! Small float and pricing quite cheap!! heard that company quite buddy with japanese manufacturers and dont know what they call 'outsource' BIG TIME!! from asian suppliers. so they think unidex good position to supply to "Ah nor neks"!! i heard got some rumooour about company will announce after IPO. going to find out more about them. anything pse, anyone tell me !!
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| (Post 5 of 506) 05/08/2001.15:43:47 |
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Hi everyone..at last there is an IPO launching tomorrow at Fullerton hotelafter 2 empty weeks. This is Unidux Eletcronics. Anybody know much about this one?  |
| (Post 6 of 506) 05/09/2001.01:54:25 |
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Hi all, first time posting here. Noted that to-date there are 6 Main Board IPOs this year (excluding Autron) and 9 SESDAQ IPOs this year. Heard that tomorrow (9 May) will see 2 more companies launching - Enzer (by UOB) and Unidux (by KTB).
Also note dthat out of the 6 Main Board IPOs, based on the closing price on 8 May 2001, only Lankom Electronics (premium of 50.6%) and Frontline (premium of 20.5%) are still above water. As for the SESDAQ IPOs, only Hyflux (premium of 71.0%) and Oculus (premium of 2.2%) are still above water. The rest are horrible, leading the top falls are ei-Nets (down from 20cts to 6cts), followed by TTL (down from 21.5cts to 14.5cts) and United Food (down from 31.5cts to 23cts). From the above, there are some interesting results - 2 of the top falls were from OUB (ei-Nets & United Food) and 2 of the top gains were from DBS (Hyflux & Frontline). the other top fall was managed by OCBC and one of the top gainers were managed by KTB. interesting results, isn't it? KTB is pretty new to the IPO industry and have already launched 2 IPOs this year and they are launching another on 9 may....hmmm interesting. further checks from the SGX website showed that both of their IPOs (Lankom and Tee) had modest gain on their debut day, with Lankom closing 44cts (or 3.5%) against its ipo price of 42.5cts and Tee closing 31.5cts (12.5%) against its ipo price of 28cts. That is, if investors had applied for the shares and were successful, all of them will make $$$ on the first day of trading!!! So, is Unidux a good buy? i think other than the fundamental of the comany, the manager may be another pt to consider. understand from my broker that the manager banks have experienced some major movements in 2000. Senior pple from DBS and OUB had left and joined other setups. heard that these pple went to join places Vickers, OCBC and KTB and they joined these places as either AVPs or VPs. Can anybody confirm? If this is true, are there any correlations to the performance of the IPOs these banks managed? As Unidux is in the biz of passive components and Lankom is the manufacturer and supplier of passive components, and Lankom was launched by KTB and is now trading 21.5cts above its IPO price of 42.5cts and at a current PER of 15.8x, Unidux can't do that badly, agree? I think the current sentiments are quite good now. i will call for a 'SUBSCRIBE'. Any comments? |
| (Post 7 of 506) 05/09/2001.10:01:09 |
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Cssklkk
Based on my casual observation, it is sometimes better buy from the secondary market (if at all) for IPOs lead managed by certain lead managers when the market sentiment is weak, like currently. When the market sentiment is good, the IPOs brought to the market by these managers also tend to have lower first day premium, or even sink. |
| (Post 8 of 506) 05/09/2001.10:14:32 |
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Hi adamsmith - you are wise. But not this unidux as I heard brokers say their portion allocated all sanpped up within double click time. he he he..nice to watch this small S$ 3.8 million electronics Mitsubishi-owned stock at IPO price of only 20 cents. Will try to gatecrash at fullerton hotel at 4.30pm he hehee..chheeky |
| (Post 9 of 506) 05/09/2001.16:54:36 |
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Unidux Elec's IPO At 20 Cts A Shr
Source : Dow Jones 09/05/2001 16:27 (MORE) Dow Jones Newswires 09-05-01 0827GMT *DJ Singapore Unidux Elec's IPO At 20 Cts A Shr (MORE) Dow Jones Newswires 09-05-01 0827GMT |
| (Post 10 of 506) 05/09/2001.17:22:06 |
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Unidux launches IPO of 19.20 mln new shares at 0.20 sgd each
Source : AFX 09/05/2001 17:14 SINGAPORE (AFX-ASIA) - Unidux Electronics Ltd, a distributor of electronics components, said it has launched an initial public offer of 19.20 mln new shares at 0.20 sgd each. The IPO comprises a retail tranche of 900,000 shares and a placement tranche of 18.30 mln shares, which includes 435,000 shares reserved for employees and business associates, it said. Estimated net proceeds of 2.82 mln sgd will be used to strengthen existing core businesses, to set up regional offices, finance future expansion plans and develop an e-commerce platform. The IPO closes on May 17 and trading is expected to begin on May 21. kre/jb/ct/sm |
| (Post 11 of 506) 05/09/2001.19:37:25 |
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Anywhere we can get hold of a copy of the prospectus?
Being offer some but just couldn't find any e-version of the prospectus. Please assits, need to make decision before dawn as will be away till 17 May 2001! Thanks in anticipation! |
| (Post 12 of 506) 05/09/2001.19:43:38 |
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Bluesteel, right at the top of this page, you should see the link to the prospectus plus all the info on this new IPO. If you cannot find this, just click here ! |
| (Post 13 of 506) 05/09/2001.19:47:01 |
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Cssklkk, welcome to SI. You may not be aware that SI has a very powerful IPO engine where one can find in realtime, which is the best performing IPO, which has the highest first day close, first week close, etc.
Just go to the IPO section and then click on the Performance Tables. Then choose what you wish to sort by and just click on the sorting button. For your convenience, the link is here. |
| (Post 14 of 506) 05/09/2001.20:08:54 |
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Thanks Oldman!
Have a great evening! |
| (Post 15 of 506) 05/09/2001.20:12:52 |
| Author : |
Bluesteel, have a great 146 page reading ! |
| (Post 16 of 506) 05/09/2001.21:48:56 |
| Author : |
 Dear bluesteel - if you cannot make up your mind, please give me your allotment via replying to my this email. thanks pal |
| (Post 17 of 506) 05/09/2001.21:52:11 |
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Bluesteel,
Please check your mail. some comparision there for you. |
| (Post 18 of 506) 05/09/2001.23:25:23 |
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Thanks TrickorTreat,
Got the comparison thanks a zillion!
Sangkut, Kenna sangkut with this share liao, cheque written and pestering broker for more ..... |
| (Post 19 of 506) 05/10/2001.02:09:59 |
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KLKK,
Can't agree with you more. The manager is important. I think it works this way. Some big bank CA people sit on a very high horse. So they know less about what's happening on the ground. They sit in their office and wait for deals to drop in, like manna from heaven. As they don't know much about what's happening in the marketplace, they tend to misjudge deals - not street smart enough. Also, they are just doing their job, collect salary every month. Don't even enjoy what they are doing. Spend most of their time politicking in the office. TB is smaller and hence more agile. Their people come from the ground and search and smell for good deals. With good judgment, they are able to filter out the bad deals and hence come out with better IPOs. It all boils down to people. TB's people, at least the CA section, seem to be running their own little business. They are more dynamic, cohesive and business friendly. Not like salaries employees. Also, because they have so few people and are so busy, they have no time to politic. |
| (Post 20 of 506) 05/10/2001.09:35:01 |
| Author : |
Forumers - my clients wantshares of unidux. anybody pls rpely this emial. |
| (Post 21 of 506) 05/10/2001.10:55:20 |
| Author : |
SINGAPORE – 9 May 2001 - Unidux Electronics Limited (“Unidux”), engaged in trading and distribution of electronic components in the Asian region, is offering 19.2 million shares at 20 cents each in conjunction with its listing on the Stock Exchange of Singapore Dealing and Automated Quotation System (“SGX Sesdaq”). Of the total, approximately 4.7% of the invitation or 0.9 million shares will be offered to the public and 18.3 million will be placed out. The placement tranche includes 0.435 million shares which are reserved for employees, non-executive directors and business associates of the Group. Based on historical net earnings per share of 3.23 cents for the financial year ended 31 December 2000, the shares are being offered at a price earning ratio of 6.19 times. The Invitation represents approximately 16.11% of Unidux’s enlarged share capital of 119.2 million shares. Based on this post-invitation share capital and the issue price, Unidux will have a market capitalisation of approximately $23.84 million. Keppel TatLee Bank Limited is the lead manager and e2-Capital Pte Ltd is the co-manager for this initial public offering of shares in Unidux. The Invitation opens for public subscription on 10 May 2001 and closes at noon on 17 May 2001. Trading of Unidux’s shares in board lots of 1,000 shares each is expected to commence on a “when issued” basis on 21 May 2001. According to Unidux, the net proceeds arising from the issue of new shares are estimated at $2.82 million for the Group, and will be used as follows: - approximately $0.75 million to strengthen existing core business, expand product and customer base and set up more regional offices; - approximately $0.60 million to further develop its B2B portal; - approximately $0.50 million to establish the Group’s product approval and manufacturing consultancy business; and - approximately $0.97 million to fund future business expansion through acquisitions and joint ventures, and for working capital. Established in 1989 and incorporated as a wholly owned subsidiary of Unidux Inc. which is listed on the Tokyo Stock Exchange, Unidux is primarily involved in the trading and distribution of electronic components in the Asian region. It has operations and warehousing facilities in Hong Kong, Indonesia, Malaysia, Singapore, and a representative office in Suzhou, China. Unidux Inc, which is 28.35% owned by Mitsubishi Corporation as at 30 April 2001, is currently the Group’s substantial shareholder at approximately 34% of its post-invitation issued and paid-up share capital. The Group’s products, both active and passive components, are used in a wide variety of applications in three major industries namely information technology, consumer electronics and telecommunications. Representing over 200 suppliers and supplying more than 60 product groups of electronic components, Unidux has been formally appointed the authorised distributor or agent in respect of some of the electronic components, of which 4 are on an exclusive basis and 14 are on a non-exclusive basis. The Group’s customers are mainly Japanese multinationals with strong credit standing and reputation, such as Sony, Matsushita, Sharp, Toshiba, Epson and Aiwa. “With our operations and warehousing facilities located in the region, and the support of our local staff, who have a better understanding of the local customs and business culture, we are able to effectively communicate with customers in the local language and to respond promptly to their needs. Furthermore, we have a diverse range of products and value-added services that allow us to cater to our customers’ varying requirements,” said Mr Tan Yew Teong, Managing Director, Unidux Electronics Limited. Other than its distribution business, the Group’s other business segments include: - Referral Business – which consists of contracts for the supply of components initiated by Unidux Inc. - Procurement Services Business – where the Company acts as a procurement agent for its customers and sources for components from specified suppliers - Online Trading - through its subsidiary, ECTU.Com Pte Ltd (“ECTU”), Unidux has also web-enabled its business to provide its customers and suppliers an alternative means to trade with the Group via the Internet - Provision of IT services – through its subsidiary, Unidux Technologies Pte Ltd (“U Tech”), Unidux is able to provide IT related services such as IT systems implementation, web design/web enabling and e-commerce development. In addition, Unidux provides associated value-added logistics, preservation and pick and pack services which include: - breaking bulk for component parts to meet customers’ requirements - warehousing and logistics needs - preservation of components through temperature/humidity control and sealing to prevent oxidisation - identification of component defects/breakages - cleaning and identification of component polarity/orientation - packing of components and bar-coding of component packages Going forward, Unidux plans to: - expand its customer base and product range by acquiring new suppliers and expanding regional offices to new territories; - establish regional presence to further tap into the China market. The Group is in the process of setting up a representative office in Shenzhen, PRC and the Bangsaothong District, Thailand, and sales offices in Kuala Lumpur and Johor Bahru, Malaysia by end 2001; - secure more orders from customers by actively marketing its products and services; - acquire and forge strategic partnerships with other companies to grow its business; - set up a product approval and manufacturing process consultancy business to meet customers’ various quality standards; and - further extend the services of ECTU and U Tech. Financial Performance The Group achieved an audited turnover and profit before tax of $143.65 million and $4.40 million respectively for the financial year ended 31 December 2000. Its compounded annual growth rates for turnover and profit before tax between financial year ended 31 March 1998 and financial year ended 31 December 2000 are 81.0% and 197.1% respectively. The Group’s return on equity for financial year ended 31 December 2000 is 33.5%. |
| (Post 22 of 506) 05/10/2001.23:18:23 |
| Author : |
Singachin, I could not agree with you more that the Lead manager's role is very important. I have been to quite a lot of IPO launches. Sad to say, when it comes to the Lead Manager's turn, most of the time they just recite the Issue Statistics.
Who does not know about the Issue Stats? Just need to turn to the correct page in the Prospectus and all the details are there. The Lead Manager should stand there and help sell the company. Tell the people what you like about the company. After all, you must have very good reasons as to why you signed the mandate to be the Lead Manager. Thats what a IPO launch is all about. For the company to tell everyone how good they are and why investors should buy their shares. Keppel TatLee does that. e2 capital does that. OCBC do it. UOB just recite the stats and does not even smile. How to be a salesman! If you are not even excited at the shares of the company which you are handling, how do you expect other investors to react. You have all the intimate knowledge of your client. I would like to see a time when all IPO launches could be taped and broadcast on the web. This could be the only time where investors could see the top management do their presentation and tell everyone why they should invest in the company. SGX must also exercise flexibility and let management and their advisers sell their story. Most companies would have spent around $1M or more to list their company. They must then be allowed to do their sales pitch. In a way, recoup the time spent and expenses. This should be viewed like any product launch. Let the audience decide whether they buy the story or not. I see nothing wrong in companies giving a peek into the future of their company. This is what investors are buying into. If we are not allowed to have a peek into the future prospects, why invest then. Investors want to know if profits will continue, what is the growth, etc. The rule on "no forecasts" should be relaxed. It is being too tightly interpreted and lawyers and bankers forced into such a "kiasu" stance. This is where Shareinvestor becomes a very important platform for the companies to do their sales job. Companies could put up a delayed web cast or a digitised tape showing the IPO launch. Already, presentation slides, company profile, financials, etc are being put up here for all to read. Why restrict the launch only to a hundred people or so. Bring it to the whole investing public. This will add to transparency and openess of management. If there's anything to go by, this is the same team, Keppel and e2 who brought us Lankom. Share price now is 47% above IPO price. Which is a lot when the bulk of the IPOs are below their issue price. Good luck to all. |
| (Post 23 of 506) 05/11/2001.00:56:43 |
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Hello all, I am back again - my second posting! first of all, would like to thank Adamsmith, Oldman and Singachin who have responded to my posting. But, got a question for Singachin, who or what are 'CA' and 'TB'?
Frankly speaking, whenever a merchant bank launch any IPO, I would think that the bank MUST have done its ground work (e.g. the prospects of the company and the industry, the pricing of listed comparable, the market sentiments etc etc etc) before they decide on the pricing. If it is some price that the market cannot absorb, why would the bank want to risk itself to become a shareholder (if not a substantial shareholder) of the company that it is listing? If that is something all of us can rely, we will apply for all the IPOs that are launched in the market. On that basis, let's do a study assuming that one has applied to all the IPOs launched this year and has been successfully allotted shares. So far, 15 IPOs (excluding Autron which was an introduction) were launched and traded this year. of which, DBS (which launched Asiatravel, Frontline, Innovalues & Hyflux) and OUB (which launched Oculus, United Food, Integra & ei-nets) did 4 each. Keppel (which launched Lankom & Tee), Vickers (which launched Pple Food & ECS) and OCBC (which launched Tung Lok & TTL) did 2 each. UOB only did one which is Santak. So, let's see what our returns (on the assumptions that we are successful on every IPO) will be based on (1) 1st day closing and (2) closing prices on 10 May 2001:- Managers Cost 1st day Return DBS 1.09 1.06 (2.75%) OUB 0.955 0,815 (14.66%) Keppel 0.705 0.755 7.09% Vickers 1.11 1.03 (7.21%) OCBC 0,445 0.425 (4.49%) UOB 0.23 0.175 (23.91%) interesting results aren't they? Only Keppel's IPOs give you a POSITIVE return!!! And apparently, UOB's issue could be still suffering from the aftermath of the eWOS and Hua Kok saga. OUB is close behind with a negative return of 14.66%. OUB is currently the record holder with the most number of IPOs that were undersubscribed this year. With that, frankly, a negative return of only 14.66% may not be that bad after all. But, these facts also tell another story, that is, (1) most of the merchant bankers may have read the market wrongly; and/or (2) may have over-priced the issues. Ok, now let's see the returns based on the closing prices on 10 May 2001:- Managers Cost 1st day Return 10/5/2001 Return DBS 1.09 1.06 (2.75%) 1.235 13.30% OUB 0.955 0,815 (14.66%) 0.68 (28.80%) Keppel 0.705 0.755 7.09% 0.825 17.02% Vickers 1.11 1.03 (7.21%) 0.90 (18.92%) OCBC 0,445 0.425 (4.49%) 0.315 (29.21%) UOB 0.23 0.175 (23.91%) 0.205 (10.87%) Wow! more interesting results!!!! If one have hung on to the IPOs launched by OUB, Vickers and OCBC, you will have MORE UNREALISED LOSSES!!! What is more interesting is that OCBC has become the one with the highest negative returns of 29.21%!!!! OUB is still following closely behind with a negative return of 28.80%!!! Wonder if they intend to dethrone OCBC and become the ...... 
Those IPOs managed by DBS have seen a strong come back. Investors who have faith in the IPOs launched by DBS will now be rewarded with a return of 13.30%. But, what is interesting is that Keppel continued its lead, rewarding investors with a return of 17.02%!!!! Considering that Keppel is relatively new to the IPO market, these statistics do look real interesting!!! Wonder if the recent uptrends of the shares of the Keppel Group of companies have spilled over to the shares that the bank managed???? Any body wants to help me with answer?
So, now there are 2 new IPOs in the market. 1 by UOB and 1 by Keppel. Guess the above facts tell a story. Which one are you buying? My decision is clear. Good luck to all! |
| (Post 24 of 506) 05/11/2001.09:24:21 |
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KLKK,
TB = KTB, CA = CF or Corporate Finance. Typos resulted as a I used the Spell Check facility! I don't think KTB and Kepcorp's recent rally are related. Kepcorp is everything a company shouldn't be. KTB on the other hand has some attractive sections. Mind you, the bulk of KTB is still a GLC. The CF section is quite good but a little small and lack the placement powers necessary for an excellent job. Otherwise, they are alright. The CF sections of most of the other banks are downright anti-business, esp. DBS. DBS people for some reason feel that they are God's gift to the stockmarket. My thinking is that they should be merged with the Ministry of Environment. The reason being that I experienced the same compatible level of resistance, bureaucracy and disinterest by both parties. The only difference is that at least the MOE can keep our streets fairly clean. Only about a year ago, the banks were flooded with IPO aspirants. Business was roaring and that resulted in complacency and a sharp rise in fees. Some of these bankers think that it is their personal charisma that brought this about. Let me assure those that the phenomenon is nothing more than that of supply shortage as a result of some archaic regulations. Having said that, it is important for any IPO aspirant to be cognizant of who is managing their IPO. If lead managers are good, it is not the credit of the bank's system. The people that actually manage count. Banks, as far as I know, do not have a system to automatically ensure that their IPO managers are of good quality. It is very much the luck of the draw when replacement time comes. These people move about quite frequently pursuing ever higher salaries resulting from spiralling fees. KLKK, you may want to do a study on the returns based on specific managers or teams, if the data is available. Even anecdotal could be interesting. This would be enlightening. I still believe that it is the people with the astuteness and superior judgment that count and not the name of the Bank. |
| (Post 25 of 506) 05/11/2001.11:24:20 |
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The success of the IPO also depends on the quality of the company that goes public. I am inclined to think that because of DBS' history and the nature of its clientele base, it also has a better crop of IPO aspirants. |
| (Post 26 of 506) 05/14/2001.12:05:44 |
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Attracted to all these talk abt lead manager being impt to the trading price of the IPO.... look at Lankom now.
Now taking a closer look at this IPO. Any comments from the floor? |
| (Post 27 of 506) 05/14/2001.22:48:48 |
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Dimpy, my clients want shares becuase they hear got grey price leh. But canot get much. market now likes electrnics penny stocks and unidex is only 20 cts. |
| (Post 28 of 506) 05/15/2001.12:18:15 |
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Hi Dennisd,
We have just removed your posting as it is a reproduction from a source protected by copyrights. Thanks very much for your understanding. |
| (Post 29 of 506) 05/16/2001.07:27:29 |
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IPO Closing Alert!
UNIDUX's IPO subscription closing tomorrow! Subscription price: $0.20 Closing on 17 May 2001 / Wednesday / 12:00pm Our principal business is that of trading and distribution of electronic components. As a trader and distributor of electronic components, we do not keep stocks other than for the purpose of meeting the needs of our customers. The electronic components we trade in or distribute may be classified into 2 categories namely, passive components and active components. Useful Links 1. Prospectus Summary / Dowload full prospectus 2. Company background 3. Strengths of Unidux |
| (Post 30 of 506) 05/16/2001.17:41:23 |
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Lucky man! our Greenspan comes to save the world with his 'SUPER-CUT' OF 0.5%. I think the this UNIDUX can cheong on first day base on my checking with market people. they say a lot of people whacking the GREY MARKET BIG TIME!!!Ho say liao. Here we CHEONG on Monday!!! Mkt is ok should do well. penny stocks forever!! |
| (Post 31 of 506) 05/18/2001.10:07:29 |
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PRESS RELEASE
Unidux Electronics receives overwhelming response to IPO ~IPO 26.86 times subscribed Singapore – 17 May 2001 – Unidux Electronics Limited (“Unidux”), engaged in trading and distribution of electronic components in the Asian region, today announced that as at the close of the application list at 12.00 noon on 17 May 2001, there were 1,187 valid applications for the 900,000 offer shares available to the public for subscription. In total, these applicants applied for approximately 26.864 million offer shares. Based on the enlarged number of 1,000,000 shares (comprising 900,000 offer shares available to the public for subscription and 100,000 placement shares in respect of rejected applications), the offer to the public is approximately 26.86 times subscribed. Keppel TatLee Bank Limited is the lead manager and e2-Capital Pte Ltd is the co-manager for this initial public offering of shares in Unidux. “We are overwhelmed by the subscription rate of 26.86 times amidst the current market sentiment and are pleased to note that this is the highest subscription rate of all the IPOs launched this year. We are very encouraged by the vote of confidence and support by the investing public in our business and growth prospects. We will strive to grow the business by establishing a strong regional presence through expansion into new territories, coupled with widening our customer base and product range,” said Mr Tan Yew Teong, Managing Director of Unidux Electronics Limited. The total issue of 19.2 million shares, which comprises about 16.11 per cent of the Group’s enlarged share capital and was opened for public application on 10 May 2001 at 20 cents per share, will raise net proceeds of approximately $2.82 million for the Group. Unidux is primarily involved in the trading and distribution of electronic components in the Asian region. It has operations and warehousing facilities in Hong Kong, Indonesia, Malaysia, Singapore, and a representative office in Suzhou, China. The Group represents over 200 suppliers and supplies more than 60 product groups of electronic components. Its business segments are referral business, procurement services business, general trading and distribution of electronic components, online trading and provision of IT services. |
| (Post 32 of 506) 05/19/2001.14:48:00 |
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do not trust others or listen to someone else even now what I say is also rumours. That it is going to be shorties on Monday So who is correct. |
| (Post 33 of 506) 05/19/2001.14:56:07 |
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I am. This stock will soar.
1.It's oversubscribed by 26.87 times, the highest for an IPO this year. 2.Its absolute value is cheap, at 20 cents. 3.Dow was up 52 points on Friday. 4.It's a fundamentally good company, with good revenues and profits. All signs point to possible upside of at least 5 to 10 cents on Monday. |
| (Post 34 of 506) 05/19/2001.15:03:27 |
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OK even if is going to soar it won"t reach to 5cents or even to 10 cents |
| (Post 35 of 506) 05/19/2001.15:33:26 |
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1 simple reason why UNIDUX will be played.
Although I dun like being a rumour spreader or a lemming in the crowd, I have accidently came to know that Unidux will be pushed up like LAMKOM. They are the same operator from a local broking house. Powerful indeed if we have notice that how LAMKOM ran up since its debut.
One mover next week I like to say is NERA-TELECOM. Its chart is showing a turn up, its friday showing was worth a look. It could be fund buying likely. |
| (Post 36 of 506) 05/19/2001.15:45:10 |
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Market is very hot over this stock man!!! some big blocks done at much above IPO price. Steam man ho sei liao!! dow jones up; nasdaq ok. should do well!!! |
| (Post 37 of 506) 05/19/2001.16:54:22 |
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STEAM LIAO !
sure 30cts one !! lucky me, can buy new condo liao ! |
| (Post 38 of 506) 05/19/2001.22:35:54 |
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let's see I hear some of the brokers house will short we will see.
We will also see who is the winner on Monday |
| (Post 39 of 506) 05/20/2001.13:18:08 |
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Blackie, remember that Keppel is the underwriter. Nasdaq is also up. |
| (Post 40 of 506) 05/20/2001.15:37:15 |
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Congrats to all lucky chaps out there. didnt get any. personally, I think the shares will trade between S$0.23 to S$0.25. Both Unidux and Enzer public tranche is so small, when compare, Unidux's subscribption rate is so much better. If Enzer can hit a intra-day high of $0.41 or 13.89%, i dont see why Unidux cannot be higher.
30cts???? unlikely, unless some stockbroking houses wants to 'play' this stock. if they really want to, most probably they will want to 'clear' all the small investors first, i.e. may short the stock under its IPO price. But, again, it is only $0.20, how far can the share price goes???? But, definitely, if the stockists want to push the stock up, they will definitely prefer to 'clear' all these small investors. And I believe this will take a few days, at least. Remember stocks like Hyflux and Lankom, how did they perform on their first few days of trading???? Both went below their IPO prices and where are they now??? Both are trading around 50% premium to their IPO prices. So, if you really want to buy, I think you should 'sit and watch' first. If you have already a shareholder, you may want to sell first and collect it back later at a lower price, if you really like this stock or believe that this stock will create another surprise or simply cos it was managed by Keppel. No matter which view you take, I believe Keppel's position with all its IPOs launched and listed this year with a first premium will stay on. Happy trading. |
| (Post 41 of 506) 05/21/2001.08:43:08 |
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Unidux May Rise On Debut
Source : Dow Jones 21/05/2001 08:16 [Dow Jones] SINGAPORE NEW LISTING: Unidux (5AN) may rise when it starts trading today after Enzer Corp's (545) successful IPO debut Friday. Unidux highly recommended by several broking houses on strong parentage, affordable issue price of 20 Singapore cents and small free float of 19.2 million shares. Dealer also notes 27X subscription rate for retail tranche also bodes well for stock, given day traders' interest in recent listings while hardly any selling pressure as big shareholders' hold tight to holdings.(EYG) |
| (Post 42 of 506) 05/21/2001.08:51:34 |
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Ya Ya.....agree it will fly.....but where is the limit???? i biuying up this counter till 0.23 f got the chance...so guy let chase this counter...u won regret... |
| (Post 43 of 506) 05/21/2001.09:16:52 |
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It a good price to enter now........will close 0.30 today.......u can chooose not to believe also...trade at your own risk |
| (Post 44 of 506) 05/21/2001.09:21:10 |
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dun know how true is your tips. but would prefer TPV, proven already |
| (Post 45 of 506) 05/21/2001.09:41:04 |
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Unidux got so many sellers!
If they are shortist, will have to cover at end of day. Unless they let SGX buy-in or they borrow scripts. Borrow from who? |
| (Post 46 of 506) 05/21/2001.09:44:37 |
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they will borrow from me....i will sell them at 0.25 cent hehehe....so tot of catching those shortist...... |
| (Post 47 of 506) 05/21/2001.09:44:45 |
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Keep on watching. Don't go in yet. Be patient. |
| (Post 48 of 506) 05/21/2001.09:50:34 |
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YA....... Be patient.....those big boy just wake up still having their breakfast...will see movement around 11am....let wait and watch |
| (Post 49 of 506) 05/21/2001.09:56:08 |
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Zero_one,
What's the best price to go in? |
| (Post 50 of 506) 05/21/2001.10:09:59 |
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Wanazman,
Best price? As low as you can get! Haha! |
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