RE&S Balloting results – Public Offer 37.8x over-subscribed

Looking for a trusted Stock Remisier?
Augustine works closely with a small group of clients - providing regular market updates, Bazi & astrology wealth insights, and clear guidance to invest with confidence.

📩 Check out my profile here today!

RE&S Balloting results

The RE&S IPO balloting results are out and the public tranche (excluding all the interested transactions and reserved shares) is overwhelmingly oversubscribed at 37.8 times! So, it's pretty safe to assume that it will debut with a bang! Some of my friends/readers asked me whether i have balloted. Yes, i did but didn't manage to get any.. unlike my lucky wife (She is now a proud Ichiban Shareholder & ERA - LOL). Anyway, for those lucky fellas looking at what price to sell or those who want to take a punt: $0.22 = 13.75x P/E ratio $0.30 = 18.75x P/E ratio $0.40 = 25x P/E ratio $0.50 = 31.25x P/E ratio Btw, if we look at the recent F&B Kimly IPO (http://www.businesstimes.com.sg/companies-markets/kimly-enjoys-120-ipo-pop), it debuts at $0.55, 27.4 times its pro forma EPS. In short, it's not far-fetched to assume that RE&S can go above $0.40 when the clock strikes 9am on 22/11/2017. Good Luck and Happy Investing!

We’ve released our 3 HOT growth stock picks which could skyrocket >100% by the end of 2017. History has shown that getting in early on a good idea can often pay big bucks – so don't miss out on this moment. Simply click here to receive your copy of our brand-new FREE report, “3 stocks poised for explosive growth”. Do Like us on Facebook too as we share the latest investing articles and stock ideas for you!

About the author James Yeo

Check Out Our Latest Articles

Will the US Stock Market Crash in 2026?

Many analysts and bloggers have posted an optimistic picture of both the US and Singapore stock market. In this article, I will be on the side of the contrarian and explain why the stock market could crash between 10% to 20% this year. Key Risk Factors That Could Trigger a Crash in 2026 1. Elevated

Read More

4 Cash-Rich Small Cap Stocks Offering Passive Income

In today’s falling interest environment, investors are hunting for income that generate money for you while you sleep. But while the spotlight often shines on big-name blue chips and REITs, a quiet group of cash-rich small-cap companies has been steadily rewarding shareholders — without the hype, without the volatility drama. Small-cap stocks are shares of

Read More

DBS Group – A Bazi Analysis

Many investors would have known about DBS Group Investors would have make decent gains as the share price has been rising for the past few years. In fact, investors would have gain a total return of 131.93% excluding dividends received if he purchased the share 5 years ago! Many investors would already know about the

Read More

Apple Stock Analysis: Using Fundamentals and Bazi

This is an in depth analysis on Apple stock both using Fundamental and Bazi analysis. Apple remains a cash-generative, platform-centric technology leader with a resilient earnings mix. In fiscal Q4 2025 Apple posted revenue of $102.5 billion and non-GAAP EPS of $1.85, driven by a strong iPhone cycle and record Services revenue. That result reinforced

Read More