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

Advertisement

Anonymous

26 Sep 2019

REITs

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?

Discussion (11)

What are your thoughts?

Learn how to style your text

Cedric Jamie Soh

23 Sep 2019

Director at Seniorcare.com.sg

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... 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-... )

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!

View 3 replies

Kenneth Lou

23 Sep 2019

Co-founder at Seedly

Super excited for this, I think it will be largely oversubscribed... let's see..!
And Elijah answered this question really well

View 1 replies

Elijah Lee

22 Sep 2019

Senior Financial Services Manager at Phillip Securities (Jurong East)

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

However, whether you get an allocati...

Write your thoughts

Advertisement