Before you jump on board this IPO, you may want to think twice and read the three things Small Cap Asia doesn’t like about this company.
For this week, we have a stock which has seen a 60-percent jump in share price since the start of the year. On 3 Jan 2017, its price closed at S$0.38 and hit a high of S$0.60 as of 24 May 2017. Will it run some more?
Aoxin Q&M Dental Group (SGX:1D4) recently completed its Initial Public Offering (IPO) less than a month ago to join the SGX Catalist with proposed listing of 57 million new shares at $0.20 each entirely via private placement. It eventually opened at 23 cents per share, 3.0 cents higher than its IPO price. The latest price (11 May 8:50a) is 25.5 cents per share.
Another REITs exchange-traded fund will be listed on SGX mainboard on 29 March 2017. Its name is… NikkoAM-StraitsTrading Asia ex-Japan REIT ETF (SGX: CFA). Here's a quick guide to bring you through the important points you need to know before jumping in!