The last 12 months hasn?t been a bad year for the Singapore stock market as the Straits Times Index (SGX: ^STI) has grown by 7.6% in price from 3 Jan 2014 to 2 Jan 2015. Meanwhile, the local IPO (initial public offering) scene has been vibrant as well, as there were a total of 28 listings in 2014.
The table below ranks all the 2014-IPOs based on their listing date. Let?s see how they?ve performed.
Intuitively, a share which has been listed for longer would have had more time to chalk up gains, but as seen from the table above,…
The last 12 months hasn’t been a bad year for the Singapore stock market as the Straits Times Index (SGX: ^STI) has grown by 7.6% in price from 3 Jan 2014 to 2 Jan 2015. Meanwhile, the local IPO (initial public offering) scene has been vibrant as well, as there were a total of 28 listings in 2014.
The table below ranks all the 2014-IPOs based on their listing date. Let’s see how they’ve performed.
|Share||Listing date||Listing price (S$)||Price: 2 Jan 2015 (S$)||% Change|
|Keppel DC REIT||12 Dec 2014||0.93||0.975||4.8%|
|iFAST||11 Dec 2014||0.95||1.115||17.4%|
|Huationg Global||9 Dec 2014||0.20||0.205||2.50%|
|MM2 Asia||9 Dec 2014||0.25||0.20||-20.0%|
|UG Healthcare||8 Dec 2014||0.215||0.24||11.6%|
|Zico Holdings||11 Nov 2014||0.30||0.48||60.0%|
|MS Holdings||7 Nov 2014||0.25||0.38||52.0%|
|Serrano||28 Oct 2014||0.23||0.21||-8.7%|
|ISEC||28 Oct 2014||0.28||0.395||41.1%|
|Versalink||24 Sep 2014||0.30||0.205||-31.7%|
|Japfa||15 Aug 2014||0.80||0.635||-20.6%|
|IREIT Global||13 Aug 2014||0.90||0.90||2.3%|
|EMAS Offshore||10 Aug 2014||1.21||0.55||-54.5%|
|Accordia Golf Trust||1 Aug 2014||0.97||0.755||-22.2%|
|Terratech||30 July 2014||0.23||0.095||-58.7%|
|Alliance Mineral||25 July 2014||0.23||0.23||0.0%|
|Spackman||22 July 2014||0.26||0.235||-9.6%|
|First Sponsor||22 July 2014||1.50||1.25||-16.7%|
|Frasers H-Trust||14 July 2014||0.88||0.88||0.0%|
|Starburst||10 July 2014||0.31||0.63||103.2%|
|IPS Securex||30 June 2014||0.35||0.70||100.0%|
|SMJ International||30 June 2014||0.28||0.172||-38.6%|
|QT Vascular||29 Apr 2014||0.28||0.315||12.5%|
|POSH||25 Apr 2014||1.15||0.555||-51.7%|
|Talkmed||30 Jan 2014||0.20||0.975||387.5%|
|OUE Commercial REIT||27 Jan 2014||0.80||0.81||1.3%|
|KimHeng Offshore||22 Jan 2014||0.25||0.168||-32.8%|
|Eurosports Global||17 Jan 2014||0.28||0.23||-17.9%|
Intuitively, a share which has been listed for longer would have had more time to chalk up gains, but as seen from the table above, there isn’t any real connection between a new share’s returns and the length of time it has been listed for. A good example would be the pair of iFAST Corporation Ltd (SGX: AIY) and Eurosports Global Ltd (SGX: 5G1). The former’s listed only in December 2014 but has since racked up a 17.4% gain; in contrast, the latter had been listed all the way back in January but has seen its shares decline by more than 17%
REITs and other trusts with unique businesses
Singapore’s stock market has been a popular place for real estate investment trusts (REITs) and business trusts. Of the five REITs/trusts listed here in 2014, there were some with interesting and unique assets.
For instance, Keppel DC REIT (SGX: AJBU) is the first listed REIT in Asia with a focus on owning data centres. Then there’s also Accordia Golf Trust (SGX: ADQU) and IREIT Global (SGX: UD1U); the former owns golf courses in Japan while the latter’s portfolio of four commercial properties are all located in Germany.
The exercise above is to just have a quick look at the shares in Singapore which got listed in 2014. Jump in here to find out more about the best and worst IPO-performers to see if there’s any lessons investors can draw from their experience.
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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor James Yeo doesn’t own shares in any companies mentioned.