The Weekly Nibble: Are you Ready for Singapore’s Blockbuster IPO?
Here are some of the interesting articles that have appeared in the Motley Fool Singapore’s website over the past week. Let’s take a look at them.
NetLink NBN Trust is slated to be the biggest initial public offering (IPO) in Singapore since 2011. The trust is the owner of the passive infrastructure – fibre cables, ducts and manholes – that supports Singapore’s fibre network. It is expected to have a market capitalisation of between $3.09 billion and $3.59 billion upon listing on July 19.
In the article, my Foolish colleague, Chin Hui Leong, explores one of the three growth factors for the trust and what it means for potential investors.
(Hint: Phasing out of old technology might provide a tailwind for NetLink NBN Trust)
David Kuo says one his resolutions for the second half of this year is to “be different”. What it means is not to follow the latest fad but to be a contrarian and do things differently from the crowd. Check out what other resolutions he has made and what you can learn from them.
3. Lessons from Stock Market Crashes
The Straits Times Index (SGX: ^STI), or STI, saw nine yearly declines of more than 20% from 1993 to 2014 and they happened at random. Translating that to odds, there is a 43% chance for the STI to decline 20% or more every year. This shows that market crashes do happen from time to time but it’s not something to fret about, as noted by Chin in his article here.
Still on the topic of market crashes, Jeremy Chia took a look at two of those nine market crashes in-depth and drew out the lessons learnt.