RAK Rakon

[Snow Leopard]

quote:Originally posted by sniper

Unlike you, I do not believe in blue skies.

Go find a window and take a look outside.

[shasta]

Especially here in Wellington today!

An IPO fully subscribed is a great thing on a shrinking exchange, maybe sniper is feeling the fear?

For those wanting to stag Rakon the first day or so should do well.

Interesting small company & will keep an eye on it.

[sniper]

Plus SMS anyone?

[shasta]

You think Rakon might do a Plus SMS & have its share price multiple within 12 months?

I personally wouldnt touch PLS, but it did go up from 0.14 to 0.82 (now at 0.68) so hype or not, most people would still be in the money.

This would be the first IPO in a long time ASB Securities have not offered me an allocation.

[sniper]

quote:Originally posted by shasta

You think Rakon might do a Plus SMS & have its share price multiple within 12 months?

I personally wouldnt touch PLS, but it did go up from 0.14 to 0.82 (now at 0.68) so hype or not, most people would still be in the money.

This would be the first IPO in a long time ASB Securities have not offered me an allocation.

Hype sells. So sell the hype until reality bites.

Ask Lanenz about NZO and the hype there. He's still sore about holding NZO whilst Woodside goes higher and higher and higher. Only thing going higher and higher at NZO is management's salaries.

[shasta]

Nothing wrong with getting in early before the herd & letting the hype drive up the share price & making a quid from it is there?

BTW, am holding NZO & not complaining, but lets leave this to a more appropriate thread.

Rakon is IMO a stag play until the market see some real numbers chalked up & disclosed.

[lambton]

quote:Originally posted by shasta

Nothing wrong with getting in early before the herd & letting the hype drive up the share price & making a quid from it is there?

BTW, am holding NZO & not complaining, but lets leave this to a more appropriate thread.

Rakon is IMO a stag play until the market see some real numbers chalked up & disclosed.

Totally agree. Will stag my little allocation.

[lanenz]

quote:Originally posted by sniper

quote:Originally posted by shasta

You think Rakon might do a Plus SMS & have its share price multiple within 12 months?

I personally wouldnt touch PLS, but it did go up from 0.14 to 0.82 (now at 0.68) so hype or not, most people would still be in the money.

This would be the first IPO in a long time ASB Securities have not offered me an allocation.

Hype sells. So sell the hype until reality bites.

Ask Lanenz about NZO and the hype there. He's still sore about holding NZO whilst Woodside goes higher and higher and higher. Only thing going higher and higher at NZO is management's salaries.

Im very sore, with laughter.

[StainlessSteelRat]

quote:Originally posted by shasta

This would be the first IPO in a long time ASB Securities have not offered me an allocation.

Which tells you it's worth investing in. The brokers only shove their snouts in when it's a "cert". That's why they don't want any punters getting a sniff.

[Snow Leopard]

Rakon is a good company. They have good product and good management, remember that they have a strong position in their market and invest in making the most of it. They are evryhting one looks for in a growth share

However everything has it's price and reading this thread leads me to believe that this one will end up well overpriced once trading gets underway. It will take time for this to settle at a realistic price.

If you have not got a firm allocation then patience will be the key to gaining a stake in this one.