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2017 Initial Public Offerings That Have Returned 20% or More

There were 19 initial public offerings (IPOs) over the past 11 months of 2017, according to a recent report by Singapore Exchange Limited (SGX: S68). Out of which, 14 had a positive price change as compared to its IPO price while five were in the negative territory. The average price gain of the 19 stocks was 45%, and the median increase was 3.7%.

Let’s take a look at the top five performers, which have all given a capital appreciation of 20% or more (last done price as of 30 November 2017).

1. First on the list is Samurai 2K Aerosol Ltd (SGX: 1C3), which is an aerosol coating specialist. It debuted on 16 January 2017 at an offer price of S$0.20. With the last done price of S$1.14, it has given a whopping 470% return in the short span of 11 months. For the six months ended 30 September 2017, the firm posted a 101.6% year-on-year revenue growth and a 330.5% surge in net profit. To know more about its latest financial performance, you can head here.

2. Unusual Ltd (SGX: 1D1), whose share price had appreciated some 278% since its debut, is second on the list. Formed in 1997, Unusual started as a stage, sound and lighting equipment rental business. Since then, it has grown to become one of Asia’s leading firms in concert promotion and event production. Unusual’s major shareholder is mm2 Asia Ltd (SGX: 1B0).

3. Kimly Ltd (SGX: 1D0), the largest traditional coffee shop operator, takes the third spot. For the financial year ended 30 September 2017, revenue increased 12% year-on-year to S$192.1 million, but net profit fell 12% to S$21.4 million. At the last done price of S$0.355, it has risen 42% above its IPO price.

4. Next on the list is APAC Realty (SGX: CLN), which debuted less than three months ago. The company is a real estate services provider that has three primary business segments – real estate brokerage services; franchise agreements; and training, valuation and other ancillary services. Its last done price was 33% above its offer price of S$0.66.

5. Last but not the least, Sanli Environmental Ltd (SGX: 1E3) comes in at the fifth spot with a 20% price gain. With more than ten years of experience, Sanli is an environmental engineering firm involved in the water and waste management sector. It was listed in June 2017 at S$0.225. For the half-year ended 30 September 2017, its revenue tumbled 8.9% year-on-year to S$30.8 million while net profit plunged 70.5% to S$0.66 million.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. The Motley Fool Singapore has recommended shares of Singapore Exchange Limited. Motley Fool Singapore contributor Sudhan P owns shares in Singapore Exchange Limited.