Would you invest in this??

[AshMayo]

I own a New Zealand based company with a turnover of $80,000,000 making a good returns.

The business covers installation, service and maintenance of capital equipment, with six distinct companies, five operating in NZ, one in Australia.All operate with corporate only customers in an essential industries, with significant barriers of entry and a couple of strong brand names.

I am thinking of floating but staying involved. As investors, would this type of investment interest you. Dividend or growth?

[belgarion]

Ash ...

Sorry, just not enough to go on. To paraphase: "I have a book. It is green. Would you like it?" ... My reponse would be ... "I have a piece of string. It is this long". That said, You've got me interested - please share. It could be a source of free advertising :)

(Okay. I could have been a b'stard and taken the piss. But maybe S.T. will turn into TradeMe for floats? Who knows. Not me. I've seen stranger things happen :))

[Paper Tiger]

Your post is a prospectus short of the necessary information on which to make a valid decision.
Decent business description?
Previous years accounts? etc.
Future expectations?

[Packersoldkidney]

If you rename the business so that it has the word 'uranium' in it, I think it could be a goer. Sign me up.

[AshMayo]

PT

You have to be kidding, I enjoy flying below the radar in NZ, and by the way the info you are after would fill a binder and not be able to be posted.

I guess I get approached regularly ( especially by Auistralian funds ) and rather than a trade sale just thinking an IPO might be the way to grow this into a 150mil company.

What I am trying to ascertain is whether a reliable earner is off interest or are traders just looking for the "trendy " new earners

AM

[CJ]

You mention turnover rather than profit so we cant even tell what market cap would be based on a P/E of say 10 (Not that profits are important - just look at 42 Below).

In reponse to your comments to PT, the reason a prospectus is need in respect of IPO is for this very reason. How can we access anything without the info.

[CJ]

Forgot to say, if the price is right and I beleive I can make a profit (balanced against risk) they off course I will invest.

[rmbbrave]

I'm interested in any company that has potential to make me money. I prefer companies that make things or do things that are easy to understand.

It is not easy to judge whether there is a market for trendy new things like bio-tech or internet companies so I tend to avoid them.

I'd like a 3-5% dividend and the potential for the size of the company and the share price to double in 5-7 years.

If you can offer that you have a good chance of a successful IPO whatever industry you're in.