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Thread: Serko

  1. #41
    Legend Balance's Avatar
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    Serko can become profitable anytime they decide they want to. Meanwhile, they are focus on growth like Sky TV was in its earlier years.

  2. #42
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    Serkos US competitor, and an indication of the market size:

    http://fortune.com/2014/06/04/travel...po-in-the-u-s/

  3. #43
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    Default Interest in the IPO

    Quote Originally Posted by Harvey Specter View Post
    Serkos US competitor, and an indication of the market size:

    http://fortune.com/2014/06/04/travel...po-in-the-u-s/
    I live in Australia and just wanted to know if this IPO is creating a lot of excitement in NZ ie possibly a stag profit

  4. #44
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    Quote Originally Posted by oldmate View Post
    I live in Australia and just wanted to know if this IPO is creating a lot of excitement in NZ ie possibly a stag profit
    I haven't been walking down many streets but apparently:

    "Word on the street is that demand for the Serko offer, which opened on Wednesday, has been strong."
    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11268760 In the second story.

  5. #45
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    Quote Originally Posted by Harvey Specter View Post
    I haven't been walking down many streets but apparently:

    "Word on the street is that demand for the Serko offer, which opened on Wednesday, has been strong."
    http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11268760 In the second story.
    I just went outside to see what I could hear but I'm on a Quay.

  6. #46
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    Quote Originally Posted by oldmate View Post
    I live in Australia and just wanted to know if this IPO is creating a lot of excitement in NZ ie possibly a stag profit
    Retail scaling back by 75%.

  7. #47
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    Quote Originally Posted by belgarion View Post
    Did anyone at Serko check the facts in their prospectus? I found a glaring inaccuracy in the form of a significant overstatement of the achievements of one person in the company.
    ...starting to sound like Moa

  8. #48
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    Quote Originally Posted by Balance View Post
    Retail scaling back by 75%.
    How do you know this? The offer has not closed.
    No advice here. Just banter. DYOR

  9. #49
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    Quote Originally Posted by noodles View Post
    How do you know this? The offer has not closed.
    not closed, it has only just opened. I assume that is his best guess.

  10. #50
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    Quote Originally Posted by belgarion View Post
    Did anyone at Serko check the facts in their prospectus? I found a glaring inaccuracy in the form of a significant overstatement of the achievements of one person in the company.
    LOL, Belg mate, instead of flying kites, report the alleged discrepancy to the FMA, who I would point out, will already have performed extensive DD on all the facts outlined in the prospectus.

  11. #51
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    Gentrack heavy scaling means this is where some of my funds are being invested in... any news of Serko being scaled?

  12. #52
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    Quote Originally Posted by sharp View Post
    Gentrack heavy scaling means this is where some of my funds are being invested in... any news of Serko being scaled?
    I'm picking this one will also be brutally scaled like Gentrack and don't forget its a smaller offer.

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    Quote Originally Posted by sharp View Post
    Gentrack heavy scaling means this is where some of my funds are being invested in... any news of Serko being scaled?
    I can only imagine, as they are only offering 20 million odd worth i think we be lucky to get more then a few percent of what we apply for, my money went out last night though.

  14. #54
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    Quote Originally Posted by Harvey Specter View Post
    not closed, it has only just opened. I assume that is his best guess.
    Not best guess - fact.

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    Quote Originally Posted by Balance View Post
    Not best guess - fact.
    I'll call you on that. Scaling could well be worse if Gentrack is anything to go by!

  16. #56
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    Strange the debit from my account was titled 'Hunter Downs Serko limited' ?

  17. #57
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    Applied for $11,000 worth, so will probably get $2,500 worth

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    Just got this e-mail and sent my application off. For lot less than I wanted though. DYOR!

    Dear xxxxxxx

    Further to the email earlier this week, Serko is receiving strong demand from investors. If you wish to subscribe for shares in the Serko IPO, we encourage you to action your application ASAP. The retail pool is likely to be closed early and possibly at very short notice.

    You can apply online at www.serkoshareoffer.co.nz

    Kind regards.

  19. #59
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    Just a quick question I couldn't answer straight away to my friend. What if one only applies for the minimum and it's heavily scaled back does it mean that the application might not be successful?

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    Quote Originally Posted by silu View Post
    Just a quick question I couldn't answer straight away to my friend. What if one only applies for the minimum and it's heavily scaled back does it mean that the application might not be successful?
    I think they have full discretion. You could still get scaled below the minimum application, provided it is a marketable parcel which is normally about $500 (there is a set minimum of shares per price band per NZX rules). Or they could give none or they could give all.

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