How do I subscribe to Lendlease REITs IPO that's coming up on 25 September? - Seedly
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Asked by Anonymous

Asked on 21 Sep 2019

How do I subscribe to Lendlease REITs IPO that's coming up on 25 September?

Any strategy of ensuring a higher success rate of subscribing?

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Apply through your ATM/internet banking, as others have said.

However, whether you get an allocation or not is really down to luck. Unless the allocation strategy follows some past IPOs like FLT where everyone who subscribed got at least some allocation if not, it would probably be a pure ballot.

(Disclaimer, I have not analyzed this one in detail, nor read the prospectus)

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Question Poster

23 Sep 2019

Thank you very much. This helps a lot.
Cedric Jamie Soh
Cedric Jamie Soh, Director at Seniorcare.com.sg
Level 8. Wizard
Updated on 23 Sep 2019

Maximising your chance and allocation of popular stocks on IPO

A) For those IPO that are hugely popular and going to be oversubscribed, there is a strategy of maximising the chances of getting more stocks.

1) Don't just apply for the number of shares you want, everyone will get under-allocated (if selected at all).

Apply more than you want, because if you are selected, you will get a lower number anyway (this strategy will backfire if the IPO is not popular, but I guess you would have done your due diligence)

2) Apply for 100,000 shares. If you have limited capital, go for 50,000

This photo will probably explain why.

These are what I learnt from

https://singapore-ipos.blogspot.com/2007/07/how-to-increase-your-probability-of-get.html I have been using these strategies in the past when the Singapore stock market was alive and bursting with excitement. Nowadays I have sold almost everything I have in SGX, including those gems I got from IPO.

B) For those who still don't know how to apply for an IPO.

1) Get CDP account (Seedly has a good article on CDP application https://blog.seedly.sg/step-step-guide-opening-stock-trading-brokerage-cdp-account-singapore/ )

2) when IPO date is opened on 25 Sept 9 am, go to ATM or use your internet banking (go find Securities Application or something similar) of any local banks OCBC, UOB or DBS /POSB.

You can apply online or via ATM, the application fee is only $2.

Have great luck IPO-ing!

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Cedric Jamie Soh
Cedric Jamie Soh

23 Sep 2019

Yeah. after a few IPO, u will realise that most popular IPO u only get very small percentage of what you applied.... maybe 10%? of course you must be sure that its really popular.. thats why I usually apply only on the last day of the IPO application hahahaa!
Max Trimble
Max Trimble

26 Sep 2019

When will we know the 'results' of how many % we will get?
Kenneth Lou
Kenneth Lou, Co-founder at Seedly
Level 9. God of Wisdom
Answered on 23 Sep 2019

Super excited for this, I think it will be largely oversubscribed... let's see..!

And Elijah answered this question really well

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Question Poster

23 Sep 2019

Same here.. i wonder anyone has a good strategy to increase the chances of getting the allocations.
Ai Chung
Ai Chung
Level 4. Prodigy
Answered on 22 Sep 2019

You need to make sure you have CDP account first.

You can apply for the IPO through ATM/Interbanking.

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Question Poster

22 Sep 2019

This is so helpful šŸ‘
KA
Khairudin Ali
Level 3. Wonderkid
Answered on 21 Sep 2019

Me too... still figuring out where to apply but one thing I know is that the application is opened on 25th Sept at 9 pm...

Please update and share...

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