IPOs!

[TokyoBoglehead]

Has anyone here successful won an IPO in Japan? Does anyone else here try for IPOs?

I've recently started trying with SBI and Matsui, but the odds seem so very low.

With SBI the larger your capital reserves the more times you can apply, but they offers challenge points and allows you to apply for multiple ipos with the same deposit pool, Matsui requires no reserves at all!

Capital reserves at SBI must be held in cash, I'm wonder if it's really worth keeping some cash sitting unsused just to roll those IPO dice...

[Gulliver]

Has anyone here successful won an IPO in Japan? Does anyone else here try for IPOs?

I've recently started trying with SBI and Matsui, but the odds seem so very low.

With SBI the larger your capital reserves the more times you can apply, but they offers challenge points and allows you to apply for multiple ipos with the same deposit pool, Matsui requires no reserves at all!

Capital reserves at SBI must be held in cash, I'm wonder if it's really worth keeping some cash sitting unsused just to roll those IPO dice...

Have you got your kawaii yuru kyara sorted out? If not, I don’t see much hope .

[TokyoBoglehead]

Has anyone here successful won an IPO in Japan? Does anyone else here try for IPOs?

I've recently started trying with SBI and Matsui, but the odds seem so very low.

With SBI the larger your capital reserves the more times you can apply, but they offers challenge points and allows you to apply for multiple ipos with the same deposit pool, Matsui requires no reserves at all!

Capital reserves at SBI must be held in cash, I'm wonder if it's really worth keeping some cash sitting unsused just to roll those IPO dice...

Have you got your kawaii yuru kyara sorted out? If not, I don’t see much hope .

With SBIs challenge point system I'll win eventually! I am stubborn now, just a few clicks a week.

If you park capital with SBI Neo Hybrid you can spin the wheel again for each 100 shares. So its not a bad strategy for a portion of h you cash savings.

I read about the old boys system at physical brokerages, its a bit of a laugh.

[Gulliver]

Has anyone here successful won an IPO in Japan? Does anyone else here try for IPOs?

I've recently started trying with SBI and Matsui, but the odds seem so very low.

With SBI the larger your capital reserves the more times you can apply, but they offers challenge points and allows you to apply for multiple ipos with the same deposit pool, Matsui requires no reserves at all!

Capital reserves at SBI must be held in cash, I'm wonder if it's really worth keeping some cash sitting unsused just to roll those IPO dice...

Have you got your kawaii yuru kyara sorted out? If not, I don’t see much hope .

With SBIs challenge point system I'll win eventually! I am stubborn now, just a few clicks a week.

If you park capital with SBI Neo Hybrid you can spin the wheel again for each 100 shares. So its not a bad strategy for a portion of h you cash savings.

I read about the old boys system at physical brokerages, its a bit of a laugh.

Sorry, so I we are on the same page, you’re:

#1 talking about an initial public offering?

#2 if so, are you talking about your own company’s IPO or are you investing in another company’s IPO?

It’s your IPO will be very interesting to know how it goes.

[TokyoBoglehead]

Have you got your kawaii yuru kyara sorted out? If not, I don’t see much hope .

With SBIs challenge point system I'll win eventually! I am stubborn now, just a few clicks a week.

If you park capital with SBI Neo Hybrid you can spin the wheel again for each 100 shares. So its not a bad strategy for a portion of h you cash savings.

I read about the old boys system at physical brokerages, its a bit of a laugh.

Sorry, so I we are on the same page, you’re:

#1 talking about an initial public offering?

#2 if so, are you talking about your own company’s IPO or are you investing in another company’s IPO?

It’s your IPO will be very interesting to know how it goes.

Initial public offerings of Japanese companies. All publicly accessible through brokers.

[Gulliver]

Initial public offerings of Japanese companies. All publicly accessible through brokers.

What are some examples of companies or sectors you’re looking at? If this question is too dox-y, I understand.

[TokyoBoglehead]

Initial public offerings of Japanese companies. All publicly accessible through brokers.

What are some examples of companies or sectors you’re looking at? If this question is too dox-y, I understand.

The strategy is dead simple, win the IPO lottery and sell on the listing day.

Anything with a small public float, decent lockup and agreeable PER and PBR.

It's a very successful strategy, which is why competition for IPO shares is fierce.

[Gulliver]

The strategy is dead simple, win the IPO lottery and sell on the listing day.

Anything with a small public float, decent lockup and agreeable PER and PBR.

It's a very successful strategy, which is why competition for IPO shares is fierce.

Are you picking and choosing on the issue price? Or the quality of the company? Or just applying for as many as you can in the hope you win?

[TokyoBoglehead]

The strategy is dead simple, win the IPO lottery and sell on the listing day.

Anything with a small public float, decent lockup and agreeable PER and PBR.

It's a very successful strategy, which is why competition for IPO shares is fierce.

Are you picking and choosing on the issue price? Or the quality of the company? Or just applying for as many as you can in the hope you win?

The factors above are the main qualifications. I just keep 30万, in my SBI hybrid account and apply for at least 100 shares of those companies that tick my boxes.

There's a lot of research out there to leverage as IPOs require lots of disclosure.

This is just a fun side project. I'll probably stop once I get a hit.

[TokyoBoglehead]

Which new did you pick and commit to?
Looking at all ipo over the last few years, seems like quite a mixed bag, some dropping 25% on the first day, median +6.6% and aver like +18%, but you can’t really spread the risk.

Play money thing, I’d say.

https://www.ipokiso.com/column/minor_market.html

SBI allows you to apply for IPOs with the same pool of funds kept in a Neo Hybrid account.

You are not obligated to buy an IPO if you win, and you get points for applying.

So it's a risk free strategy, apply for everything that's rates half decent, accrue points (to later be used for a platinum IPO) and if you win another lottery you can take another look and decide if you want those shares or not.

It may take years, but it's 20 seconds 1-2 times a week.