Napier Port IPO

[RTM]

I believe most employees bought shares,that will probably have an boost to the bottom line now they have skin in the game.

Does anyone know what the ticker will be for these shares ?
I think they list tomorrow. Can't recall seeing it anywhere.
Thanks
RTM

[Frostyb0y]

It is a footnote in the prospectus. It will be NPH (for Napier Port Holdings).

[RTM]

Thanks !
I did read some of the foot notes...obviously not all.

RTM

[Sgt Pepper]

Thanks !
I did read some of the foot notes...obviously not all.

RTM

Port Otago the next listing me thinks.

[ratkin]

In terms of investing what is the advantage of diving into Napier shares tomorrow ?
They seem very exposed to logs into China, seems to make up more than half their trade. They do not look particularly cheap and the isolation of the port makes it difficult to diversify much.

why not just wait for the correction, or buy into an existing port instead? Or is it just the case of a shiny new toy? that will be snapped up at any old price.

[Ggcc]

In terms of investing what is the advantage of diving into Napier shares tomorrow ?
They seem very exposed to logs into China, seems to make up more than half their trade. They do not look particularly cheap and the isolation of the port makes it difficult to diversify much.

why not just wait for the correction, or buy into an existing port instead? Or is it just the case of a shiny new toy? that will be snapped up at any old price.

I would wait until the honeymoon period finishes. Or unless lower than $2.60. I agree too many uncertainties as well. I have been told by someone that the logs are stagnant until prices rise. That come up from hearsay and not from actual port sources

[pierre]

Just for fun (or a self-purchased chocolate fish) have a punt at Tuesday's closing price for NPH.
My guess is $2.79.

[Balance]

Just for fun (or a self-purchased chocolate fish) have a punt at Tuesday's closing price for NPH.
My guess is $2.79.

The word is - $2.90 with heaps of institutional buying.

[ratkin]

Just for fun (or a self-purchased chocolate fish) have a punt at Tuesday's closing price for NPH.
My guess is $2.79.

Will guess 3.10

[kiora]

Trucks are lining up still & logs are rolling in.$3.15