Upcoming IPOs this week

Each week I like to look at the upcoming IPOs which are happening on the ASX. It gives me a chance to see if there are any future stars being listed and perhaps get in early on that success story.

Every single share that currently trades on the ASX was a newly-listed share at one point, they should not be avoided just because they are new.

Here are the latest shares to be listing according to the ASX:

JYG Australia Ltd (ASX: JYG)

Its proposed listing date is 20 February 2018.

Its principal activities are professional services (accounting, legal and financial) which focuses on Asian inbound capital.

Its website says that JYG’s initial subsidiary started operating in 1988. Its corporate advisory firm, TST Capital, specialises in advising Asian corporations and significant investors to undertake investments and/or expand business operations in Australia.

The business is hoping to raise $3,400,000 at $0.20 per share.

Simble Solutions Limited (ASX: SIS)

Its proposed listing date is 22 February 2018.

Its principal activity is ‘Software as a Service company focused on business and resource management’.

Its website says that it delivers energy, mobility and business agility software solutions underpinned by the Internet of Things. Essentially, it looks to find ‘energy saving opportunities’ to ‘improve productivity, reduce operational costs and enhance engagement with employees, customers and suppliers.’

The business is hoping to raise $7,500,000 at $0.20 per share.

Foolish takeaway

Both businesses sound interesting and could be worth further exploration. However, for me they sound like they don’t yet exhibit the ‘economic moat’ quality of a business that I usually look for in my shares. But they could both produce excellent returns nonetheless.

I’d much rather buy shares of these top stocks which do have economic moats.

Top 3 ASX Blue Chips To Buy In 2018

For many, blue chip stocks mean stability, profitability and regular dividends, often fully franked..

But knowing which blue chips to buy, and when, can be fraught with danger.

The Motley Fool’s in-house analyst team has poured over thousands of hours worth of proprietary research to bring you the names of "The Motley Fool’s Top 3 Blue Chip Stocks for 2018."

Each one pays a fully franked dividend. Each one has not only grown its profits, but has also grown its dividend. One increased it by a whopping 33%, while another trades on a grossed up (fully franked) dividend yield of almost 7%.

The names of these Top 3 ASX Blue Chips are included in this specially prepared free report. But you will have to hurry. Depending on demand – and how quickly the share prices of these companies moves – we may be forced to remove this report.

Click here to claim your free report.

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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