Salus IPO

[Hectorplains]

http://www.sharechat.co.nz/article/af9ef2fe/salus-may-be-first-nz-ipo-in-2018-raising-up-to-35m-ahead-of-dual-listing-to-repay-debt-and-grow.html

Nice to final see an IPO - looks okay too.

[Joshuatree]

Thanks Hec, looks int a good replacement for the one that got bought out , Airwork . Ive done well with AQZ and ok with PTB (both in Aus) in the aviation ind

"Brownie said he is constrained in talking about the plans ahead of IPO documents being lodged, expected to be in late May or early .

"He said Salus is a beneficiary of the tourism boom in New Zealand and increased demand for light aircraft and helicopters in the primary sector as operators tend to run their aircraft harder."What's booming at the moment is agriculture and tourism," he said. "They're not necessarily buying more choppers but flying more hours. That's what really underlies our business. You've got to have all your maintenance stuff certified by engineers."

[Lola]

http://www.sharechat.co.nz/article/af9ef2fe/salus-may-be-first-nz-ipo-in-2018-raising-up-to-35m-ahead-of-dual-listing-to-repay-debt-and-grow.html

Nice to final see an IPO - looks okay too.

Hope its better than....CBL is

[janner]

Hope its better than....CBL is

Worth a look.. A company that has dirty finger nails..

[Hectorplains]

Hope its better than....CBL is

Can you elaborate on where you see any comparison between the two? Beyond the numblingly obvious recent relativity of the IPO. Which could equally apply to SCL and SML.

[janner]

Can you elaborate on where you see any comparison between the two? Beyond the numblingly obvious recent relativity of the IPO. Which could equally apply to SCL and SML.

A sigh of relief I think from Lola .. That at last there maybe a real IPO in the offering..

[Lawstudent05]

Any indication of which Share company will be looking after the float in NZ?

Thanks in advance.

[Hectorplains]

Any indication of which Share company will be looking after the float in NZ?

Thanks in advance.

The joint lead managers for the IPO will probably to be Bancorp and Foster Stockbroking. Bancorp is also it's largest shareholder.