Snakk

[CJ]

Derek Handley is to list Snakk on the NZAX: http://www.nbr.co.nz/article/ex-hype...tart-dw-132030

[noodles]

Or it could be the first sign of euphoria in the markets, if Snakk takes off like a rocket thanks to people who don't know how to value shares chasing "the next big thing".

Like fonterra and moa? Both great stags. Bring it on!
i dream of a time when every ipo is a success.

[Stranger_Danger]

I don't, IPO's are a mugs game. Sparky is right - there are early signs of the mugs returning to the markets.

[noodles]

I don't, IPO's are a mugs game. Sparky is right - there are early signs of the mugs returning to the markets.

So are you saying that raising capital via equity markets is a bad thing?

Nz needs more listings. It is fantastic that companies can now use the nzx to raise capital. I don't know if you had noticed, but the nz market has been dying slow death.

I agree, there are mugs returning to the markets. But it is not just in ipos. I have been trading on nzx for 13 years. Never before have i seen such an expensive market.

Even when profits have underwheled, the market does not punish. Think skellerup, michael hill.

More than ever, it is a time to take quick profits and not be too exposed to the markets. Perhaps we could encourage brokers to allow shorting?

[toast2success]

hmm interesting they are willing to take the $$ from here but state no staff will be employed here , or was it no sales staff , either or , I found that quite an interesting comment to be made openly.

[Balance]

I don't, IPO's are a mugs game. Sparky is right - there are early signs of the mugs returning to the markets.

All the warning signs were there.

[GRIFFIN]

Noodles i notice your comment that you have never seen such an expensive market,well you should have been around in the 1980s that was an expensive market totally over inflated. For example i bought a hand full of Robert Jones Inv shares in around 1982 before the bull run which cost me around $1500 and with a few share splits and bonus issues along the way i sold them for 75k and i can remember they went up $1 on just one days trading, that was just one stock a lot others were just as hyped but then we all know what happened in October 1987. I also have shares in Snakk.

[winner69]

You have shares in Snakk? I didn't think they were listed. I didn't realise they had a private placement either? The Companies Office suggests there are 51 shareholders at present.

http://www.business.govt.nz/companie.../shareholdings

You sneaky thing sparks .. I see your company Sparkbox Investments owns some share in Snakk as well

[macduffy]

Speaking of possible new NZX listings, here's Brian Gaynor's article on IPO prospects for 2013.

Some cautionary reminders from the 1980's included!

http://www.nzherald.co.nz/business/n...ectid=10860095

[RTM]

For you Snkkers

eMarketer: Mobile ads growing 75% in 2014; Google/Facebook to dominate • 7:15 PM
•After growing 105% last year (soundly above a prior forecast of 79%) eMarketer sees global mobile ad sales rising 75% in 2014 to $31.45B.
•Google (GOOG) is expected to account for 46.8% of all that spending; that figure is slightly below 2013's 49.3%.
•An ongoing challenge for Google: Web browsing accounts for only ~20% of smartphone usage, making Google's search ad hegemony less valuable on mobile than on PCs. Helping to offset: Google's AdMob unit remains a top mobile display ad player, and the company is making efforts to integrate mobile app content within search results.
•eMarketer recently predicted mobile search would account for 26.7% of Google's 2014 U.S. ad revenue, up from 19.4% in 2013.
•Facebook (FB), which saw its mobile ad sales rise 4x Y/Y in Q4 and make up 53% of its ad revenue, is expected to have a 21.7% mobile ad share, up from 17.5% in 2013.
•Twitter's (TWTR - 75% of Q4 ad sales from mobile) shares is expected to rise to 2.6% from 2.4%. Pandora's (P - 72% of Q4 ad revenue from mobile) is seen falling to 1.7% from 2.1%, and Millennial Media's (MM - just expanded by merging with rival Jumptap) to 0.7% from 0.8%.