Xiaomi’s IPO will make anti-PAPpyists frus

Xiaomi is laying the groundwork for its planned float in the second half of this yr as it appoints banks for a planned US$100bn IPO.

This will make our anti-PAPyists who are PRC lovers bang their balls really hard

It wasn’t that long ago when anti-PAPpyists (nutty and sane) were KPKBing that both our SWFs lost billions after investing in Xiaomei: [ LINK ]

Bear in mind that the above piece was not written by a cybernut but by someone who while sane didn’t have a clue about investing.

Xiaomi, which was valued at more than US$45bn in its last funding round three years ago, went through a difficult period last year that burnt through its cash. But it appears to have turned a corner in the middle of last year.

(FT a few days ago)

FT went on that the co made a:

significant recovery from January last year, when a humbled Mr Lei wrote in a memo posted on his WeChat account and on Facebook:

“A few years ago, we rushed too fast, achieving a miracle in the history of modern business growth, but we also overspent a portion of our growth. We must slow down and earnestly learn from our mistakes. Prevention is better than having to fix things later.”

 

 

.

Cynical Investor

Cynical Investor blogs at Thoughts of a Cynical Investor.

 

 

 

Sponsored Content

11 Responses to “Xiaomi’s IPO will make anti-PAPpyists frus”

  • Monopoly NTUC:

    its just pure luck… nothing to do with performance of temasek…

    GD Star Rating
    loading...
  • MarBowling:

    XiaoMei XiaoMei, Good Luck to you. Chia Yu.

    From: Tah Chek(Big Sister)..

    GD Star Rating
    loading...
  • Bapak:

    There is even a bigger lesson to learn here – https://sg.yahoo.com/news/huawei-founder-top-executives-pay-469-000-fine-085114074–finance.html.

    Hello, PAP, KOM, AMKTC, CIPB,all there whiter-than-whites….are you there?

    GD Star Rating
    loading...
  • Another Piece Of Cock:

    Make money first then come here and kaopay.
    Don’t make a big fuss and steal glory over other people’s company ipo.
    When is Singapore Inc going to have our own IPO and Swiss standard of living?

    GD Star Rating
    loading...
  • oxygen:

    SHALLOW PANDERING WITH MINIMAL ACCOUNTING NUMBERS – any investment that went through a baptism fire and “recovered” after huge injection of cash – isn’t worth much at all.

    THE REASON IS VERY SIMPLE – the DILUTION of equity of PRE-EXISTING shareholdings (with or without further participation in Xiaomi re-capitalisation) – means that the early investors lost their pants. Those who participated in Xiaomi re-capitalisation are NOT STUPID LOT who will pay any amount anywhere near to the expensive price per share the early investors 3 years ago.

    Three years ago, Xiaomi is worth US$45 billion – it might have 1 billion shares in issue. Early pioneers could be paying $45 per share. After recapitalisation (assuming the early investors having got burnt and not putting any more money into bad investment), Xiaomi could have 3 billion shares.

    So 1 share is now with $33.33 assuming the IPO is valued at $100 billion.

    The early investors who paid $45 per share now can EXIT at a SMALLER LOSS of about $12 per share!

    Nothing to crow about.

    THIS ARTICLE WITHOUT THE ACCOUNTING NUMBER IS TALKING CAWKED AGAIN.

    GD Star Rating
    loading...
  • Cybernut Investor:

    This alone is not enough to cover the billions of losses made by TH.

    TH purchased a small stake, so the gain is not significant.

    Also, we do not know whether TH & GIC quietly dispose off their stakes, which we frequently saw that TH buy high sell low, and once they sold it, the price rebound.

    Lastly, tech stocks can fluctuates a lot, and it can drop below US$45bn again.

    And CI is making a false claim that “anti-PAPyists” are “PRC lovers”. PRC did not set up a political party here, so it’s impossible for anti-PAPyists to have any links with PRC. In fact, PAP is the one who loves PRC.

    PAP gave PR and grassroots leadership to the PRC con man Yang Yin.

    https://www.theonlinecitizen.com/2014/09/09/yang-yin-resigns-from-grassroots-police-report-filed-by-sccci-against-him/

    GD Star Rating
    loading...
  • Haigen Daiz:

    Behavioral Finance indicates that irrationality and human behavioral patterns has significant influence over the market. Such irrational exuberance has propelled many individual “growth” stocks (Amazon, Netflix, Tesla) to frothy price levels. Efficient Market Hypothesis means that market returns follow a normal distribution. This means that standard deviations are symmetric around the average. Given that most studies indicate monkeys throwing darts at a list of stocks has about the likelihood of picking winners as do highly paid “advisers”, “managers” and other touts, replacing those people might save money. On the other hand, it would be even cheaper to train a bunch of monkeys the likes of CI to play darts.

    oxygen:
    SHALLOW PANDERING WITH MINIMAL ACCOUNTING NUMBERS – any investment that went through a baptism fire and “recovered” after huge injection of cash – isn’t worth much at all.

    THE REASON IS VERY SIMPLE – the DILUTION of equity of PRE-EXISTING shareholdings (with or without further participation in Xiaomi re-capitalisation) – means that the early investors lost their pants. Those who participated in Xiaomi re-capitalisation are NOT STUPID LOT who will pay any amount anywhere near to the expensive price per share the early investors 3 years ago.

    Three years ago, Xiaomi is worth US$45 billion – it might have 1 billion shares in issue. Early pioneers could be paying $45 per share. After recapitalisation (assuming the early investors having got burnt and not putting any more money into bad investment), Xiaomi could have 3 billion shares.

    So 1 share is now with $33.33 assuming the IPO is valued at $100 billion.

    The early investors who paid $45 per share now can EXIT at a SMALLER LOSS of about $12 per share!

    Nothing to crow about.

    THIS ARTICLE WITHOUT THE ACCOUNTING NUMBER IS TALKING CAWKED AGAIN.

    GD Star Rating
    loading...
  • C'est la vie:

    *****
    Hands up, if you agree with statements from “Monopoly NTUC” and “Cybernut Investor”.

    Me, myself and I, for one or three !!!

    One swallow does not a summer make, flies to mind and besides, it’s so so PAP like of CI, to brag, shout, sing, dance and go into hysterics over a “gain” in the financial markets and yet, totally muted like a CHC mouse when it comes to colossal and humongous losses, and not for the first time too !!!

    Proper financial reporting and analysis of the SG kind !!!

    And the bit about antiPAP’s loving PRC’s ……. please lah. Just check the population register and note the PRC’s welcomed in in the hundreds of thousands, to the point where SG is been overruned by them, and made honorary lifetime members with a SG/PAP citizenship/membership to boot with jobs and Citizen TOP-up subsidies ……. by none other than the PAP Govt itself !!!
    ***
    *****

    GD Star Rating
    loading...
  • XiaoMi will grow:

    Like other Chinese enterprises, the growth stories have just begun. China economy not only will surpass US but few times the size. China’s investments in developing countries all over the world will bear fruits too.
    With the one of hardest working and intelligent people on earth and the most resilient civilisation on earth, it’s for China to lose the opportunity otherwise the resurgence is just a norm.

    GD Star Rating
    loading...
  • rukidding:

    Reminds me of sssooooooo many Sinkies driving big branded cars….but are HDB owners …..and still paying huge sums of instalment …..just for showing off,….or to out it bluntly…..”create an illusion of wealth” or “cheat or bluff” the naive.

    As for tumasick,…its playing ti kum, ti kum using OPM$$$$….to be specific…( our lockup CiPf retirement $$$ )

    GD Star Rating
    loading...
  • Tsunami coming this Feb!:

    There’re two terms to describe these HDB “sinkies”.
    SIA SUAY or SIA LAN

    rukidding:
    Reminds me of sssooooooo many Sinkies driving big branded cars….but are HDB owners …..and still paying huge sums of instalment …..just for showing off,….or to out it bluntly…..”create an illusion of wealth” or “cheat or bluff” the naive.

    As for tumasick,…its playing ti kum, ti kum using OPM$$$$….to be specific…( our lockup CiPf retirement $$$ )

    GD Star Rating
    loading...

Leave a Reply

 characters available


Loading...
Member Services
Members LoginSelf-ClassifiedsSelf-Support
Sponsored Advertisement
Search On TR Emeritus
Sponsored Advertisement
Most Recent Comments
  • rukidding: Looks like many “Upright” leaders in their expertise areas are “getting shamelessly...
  • rukidding: Good, good, good…P.a.p…..is “digging” their our grave…they can win...
  • rukidding: Here we go again….. P.a.p……”Pian ” “Gong”...
  • Bernard Tan: The ONLY recourse is for Worker’s Party to file a CRIMINAL and/or CIVIL suit against the MP for...
  • nihon: how much reserves do we have? the surplus is $9.6 b, pls give a breakdown. why is the finance milister so bad...
  • Consult a Shrink!: Before erections, they will announce no increase no increase no increase! 2 years into their...
  • $10chaitowkwei said it all: https://youtu.be/Wl9S8DlrPZg The above showed that Rotten idiot $10 chaitowkwei said it...
  • Consult a Shrink!: What is the use of advancing economic literacy when you can’t practice it? Better to close...
  • nihon: is the imf figures reliable? over 10 years, we have almost us$500 b of reserves, show me the money.
  • I'm halimah also Jiak Liao Bee: PAPIGS spends over $400M a year to lavishly and generously fund those foreign Trash...
  • Consult a Shrink!: So are the miniSTIRs now entitled to a pay increment since they did not have one for the last 5...
  • Masok Korchiat: Truth Please: What is the truth ? So $22.5 Million missing or not ? If yes,where is it ? If...
Announcement
Advertisement
Advertisement
Support TR Emeritus
Support TR Emeritus:
Other Amount:
Advertisement
Visitors Statistic
Latest Statistic