Friend   Blog Post  Kimly IPO - Balloting Results

This is the balloting results of my previous write up here on the company.
Balloting Results

I applied for 101 lots but didn't manage to get any allocation at all.

Turns out that balloting ratio was pretty decently spread out. 2 out 25 chances means a 8% chances of getting allocated. That's better chance than the previously hot IPO like Singapore O&G and SPH Reit.

For everyone's information, Katrina (another recent F&B IPO) surged 82% on debut day so I'd expect Kimly to debut strongly the same at about 40 cents to 42 cents on the first day. I don't think I'll be giving a chase on this one. The meats are mostly gone at such hefty valuation.

Congrats to the people who were allocated. My poor run on IPO continues...




Read the full post on foreverfinancialfreedom

sgx:1d0

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