Yes I've quoted your great details in reply to coutas answer re care beds %. i will put your full name there instead of tj.
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Yes I've quoted your great details in reply to coutas answer re care beds %. i will put your full name there instead of tj.
Confirm that and have my allocation.
Underlying PE of just 14.6 and Gross Yield of 5.8%?
Even better than ARV when they listed.
Extremely cheap I think.
As with all PE deals it is a little down the track when things wash out and you get a true picture of the business. I didn't want any have fun.
Not the usual PE 'quick flip' deal... Macquarie have owned it for 12 years or so (I think?), alongside management and others.
I hope things wash out down the track like they did with Arvida!
Share price would be about $1.06 in a couple years (+ dividends 2x higher than cash in the bank)
Just chatted to my broker and they got 20% of requested allocation... not sounding positive to get much :(
ASB Securities said they got 20% also. They are also intending to screw over anyone who applied for less than 15k and give them nothing in favour of their larger clients.. Sigh looks like i wont be getting anything. I knew i should have asked for more than what i wanted..sgh..
Yeah I'm with ASB and I applied for 20k so maybe I'll get a little? Everyone who applied should get something in reality but life isn't fair else Liverpool would win every year...
Did you mean ?
https://images-na.ssl-images-amazon....4,203,200_.jpg
Best Wishes
Paper Tiger
Applied for $20,000 got $4,543... I'm happy to get some
It does pay to have an account and a relationship with one or more of the big brokers who get to be lead managers in these sorts of offers. You have a much better chance of getting a decent amount this way rather than a pittance or none from brokers not involved. I have a trading account with ASB and an investment acc with craigs. That transparency also keeps the IRD happy.
So I suppose the $10,000 question is (seeing I missed out with ASB Securities) do you get in when they first list or wait a while and see what happens.....Hmm :confused:
I'm guessing demand was high at a certain price so listing price may not be spectacular given pricing at lower end of range.