sharetrader
Page 2 of 25 FirstFirst 12345612 ... LastLast
Results 16 to 30 of 373
  1. #16
    Guru
    Join Date
    Feb 2010
    Posts
    3,833

    Default

    This is an interesting thing I saw in the weekend paper. Of the 14 IPOs listed on the NZX in 2014-2015--only 4 were in the black (??) one was GNE and I think there was at least another high profile listing in the black.
    So smaller start ups didnt fare to well as a whole.

    That high interest loan usually translates to higher risk....so its a punt (funding research)
    Last edited by skid; 08-12-2015 at 04:41 PM.

  2. #17
    Advanced Member
    Join Date
    May 2015
    Posts
    2,317

    Default

    Quote Originally Posted by skid View Post
    This is an interesting thing I saw in the weekend paper. Of the 14 IPOs listed on the NZX in 2014-2015--only 4 were in the black (??) one was GNE and I think there was at least another high profile listing in the black.
    So smaller start ups didnt fare to well as a whole.

    That high interest loan usually translates to higher risk....so its a punt (funding research)
    I think it was because many of them were technology companies... but yes I also found that article interesting

  3. #18
    6 pointer GoldenStag's Avatar
    Join Date
    Apr 2014
    Posts
    106

    Default

    Written by Brian Gaynor, director of Milford Asset Management which has some ownership of AFT

  4. #19
    Guru
    Join Date
    Feb 2010
    Posts
    3,833

    Default

    Quote Originally Posted by GoldenStag View Post
    Written by Brian Gaynor, director of Milford Asset Management which has some ownership of AFT
    The gist was that there were not enough IPOs coming along for the NZX (the success rate was obvious though-which Im sure he would not want to connect the dots if he is involved with the newest offering)---Seems like a good bloke who started it and a good company at present--but whether its suitable for a share listing to fund research is another matter---At least with PEB they had Otago uni to do the research and simply bought the end result (something that share holders often overlook who seem to equate the good product with the management instead of Otagos scientists)---(2 part system 1-scientists come up with the technology---2 management buys and is in charge of promoting and selling it)

  5. #20
    Guru
    Join Date
    Feb 2010
    Posts
    3,833

    Default

    Quote Originally Posted by GoldenStag View Post
    Written by Brian Gaynor, director of Milford Asset Management which has some ownership of AFT
    The gist was that there were not enough IPOs coming along for the NZX (the success rate was obvious though-which Im sure he would not want to connect the dots if he is involved with the newest offering)---Seems like a good bloke who started it and a good company at present--but whether its suitable for a share listing to fund research is another matter---At least with PEB they had Otago uni to do the research and simply bought the end result (something that share holders often overlook who seem to equate the good product with the management instead of Otagos scientists)---(2 part system 1-scientists come up with the technology---2 management buys and is in charge of promoting and selling it)

  6. #21
    Senior Member
    Join Date
    Nov 2012
    Location
    Auckland
    Posts
    1,360

    Default

    I heard advertising on Radio Hauraki for the AFT public offer . Apart from the energy floats, this is quite unprecedented.

    The best floats are the ones you can't get in to.

    A clear warning sign for me.
    Last edited by noodles; 12-12-2015 at 08:59 AM.
    No advice here. Just banter. DYOR

  7. #22
    Member
    Join Date
    Jul 2004
    Location
    , , .
    Posts
    444

    Default

    I have been scaled back a fair bit. I think they will be successful.

  8. #23
    6 pointer GoldenStag's Avatar
    Join Date
    Apr 2014
    Posts
    106

    Default

    Quote Originally Posted by horus1 View Post
    I have been scaled back a fair bit. I think they will be successful.
    Allotment date isn't until the 21st and broker firm wasn't closed when you posted. How do you know the scaling?
    Stagalicious

  9. #24
    Advanced Member
    Join Date
    May 2015
    Posts
    2,317

    Default

    Quote Originally Posted by noodles View Post
    I heard advertising on Radio Hauraki for the AFT public offer . Apart from the energy floats, this is quite unprecedented.

    The best floats are the ones you can't get in to.

    A clear warning sign for me.
    I'm not sure why they were advertising, because there is no public offer for a start, only broker and priority offer... (I know one of the big brokers basically got given almost no allocation).

    On a separate note, on NBR I did see an article titled "the Dick Smith of pharmaceuticals" with AFT tagged in it... I hope it wasn't implying AFT, but as I don't have paid access I couldn't read further... http://www.nbr.co.nz/subscribe/182287
    Anyone care to enlighten us?

  10. #25
    6 pointer GoldenStag's Avatar
    Join Date
    Apr 2014
    Posts
    106

    Default

    AFT got a waiver for having less than 25% of its register held by the public. Looks like Joe Public didn't bite and it is mainly instos. Not sure if this is necessarily a bad thing though as I've seen this before and it is an NZ problem. I assume the NZX ignores anything related to the ASX register which may have greater public support.

    https://www.nzx.com/companies/AFT/announcements/275546
    Stagalicious

  11. #26
    6 pointer GoldenStag's Avatar
    Join Date
    Apr 2014
    Posts
    106

    Default

    What time does AFT list today on the NZX and the ASX? The listing notices never have the time which frustrates me.
    Stagalicious

  12. #27
    Advanced Member
    Join Date
    May 2015
    Posts
    2,317

    Default

    Off to a good start... up around 11%, not many sellers (not surprisingly)

  13. #28
    Advanced Member
    Join Date
    May 2015
    Posts
    2,317

    Default

    http://www.sharechat.co.nz/article/a...6-mln-ipo.html

    Interesting article... Up almost 11% for the day, I got my full allocation, anyone know when they list on the ASX? I notice there is a checky bid on the ASX for $2.90 and a much larger one for $1. Meanwhile on the NZX Buy orders outweigh sell orders almost 3:1

    Early days I know, but initial reaction is always something to be watched (I think at least).

  14. #29
    Advanced Member
    Join Date
    May 2015
    Posts
    2,317

    Default

    Good to see share price holding well above IPO price, interesting was the results announcement to the market for the six month reporting period to September 30 2015 as I thought this has already been released, but was still marked as price sensitive (maybe NZX did it just in case...)

    Good to see two important 'boxes ticked' for a growth company:
    - Gross Profit increased 17% (with sales increasing more than costs of goods sold)
    - Cash (receipts) From Customers increased 18.5% (with receipts increasing more than payments to suppliers and employees)

    Let the good news continue

  15. #30
    Reincarnated Panthera Snow Leopard's Avatar
    Join Date
    Jul 2004
    Location
    Locked Down & Out
    Posts
    605

    Thumbs down I see no ships

    Quote Originally Posted by trader_jackson View Post
    ...Good to see two important 'boxes ticked' for a growth company:
    - Gross Profit increased 17% (with sales increasing more than costs of goods sold)
    - Cash (receipts) From Customers increased 18.5% (with receipts increasing more than payments to suppliers and employees)

    Let the good news continue
    What about all those 'boxes with red crosses' ?

    Best Wishes
    Paper Tiger
    om mani peme hum

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •