sharetrader
Page 1 of 95 123451151 ... LastLast
Results 1 to 10 of 941
  1. #1
    ? steve fleming's Avatar
    Join Date
    Nov 2004
    Posts
    1,703

    Default Intueri Education IPO

    http://stocknessmonster.com/news-ite...E=ASX&N=669657

    http://www.nbr.co.nz/article/200m-ed...-paper-pointer

    "A $200 million education listing may be in the pipeline.
    In today’s National Business Review print edition, chief reporter Duncan Bridgeman reveals a roll up of New Zealand education providers could culminate in a sizeable equity raising and possible NZX-listing.
    The entity will potentially be spun out of ASX-listed Arowana International – and Massey University chancellor Chris Kelly is being lined up for a key role."

    Those who happened to read the NBR article on Friday , was there anything interesting to come out of it? (timing? structure? broker?)

    thanks
    Share prices follow earnings....buy EPS growth!!



  2. #2
    Member
    Join Date
    Mar 2010
    Posts
    263

    Default

    Hi Steve,

    Found the release info interesting reading, and will follow this. Surprised no one else has picked up on it. The prospect of a roll up of providers in this field would most certainly weed out some of the smaller, less able/satisfactory providers, and would at least offer more confidence to potential end users as what is envisaged will need to have very high standards across the board.

    On the surface, the lineup of post merger management/advisory members looks impressive. The growing desire of international students to be coached here is positive, and will hopefully continue for many years.

  3. #3
    ? steve fleming's Avatar
    Join Date
    Nov 2004
    Posts
    1,703

    Default

    - Revenue up 10% and EBIT up 23% versus 1H FY2013
    - Primary focus has been on driving operational excellence (including rollout of Rockefeller Habits operating methodology)
    - This has been across all facets of the group including sales, marketing, procurement, finance, administration & academic
    - Results have been pleasing thus far in a short 6 month operational window, but full impact of initiatives not fully realised yet
    - International enrolments +33% versus 1H FY2013''

    So some nicely trending numbers

    Agree, govt policy will always be a risk - but it would be a brave government that cuts funding to Quantum with its focus on 'second chance' education and upskilling of Maori and Pacfic Islanders

    NZ government aims to double value of international education by 2025
    Share prices follow earnings....buy EPS growth!!



  4. #4
    ? steve fleming's Avatar
    Join Date
    Nov 2004
    Posts
    1,703

    Default

    The other big growth driver is the opportunities in online education:

    "In New Zealand, the online education industry is less developed than in Australia. Overlaying an online education component for Intueri’s existing courses (including QEG’s courses) will enable Intueri to more economically take advantage of opportunities to expand its student intake capacity and deliver courses at a lower unit cost per student. This in turn will allow Intueri to invest some of these savings in enhancing the student education experience with potential to thereby further drive increases in course and qualification completion rates. There is also the opportunity to roll out the online courses that OCA already has in Australia to the New Zealand market."
    Share prices follow earnings....buy EPS growth!!



  5. #5
    ? steve fleming's Avatar
    Join Date
    Nov 2004
    Posts
    1,703

    Default

    http://intuerishares.co.nz

    scheduled to list on 23 May
    Share prices follow earnings....buy EPS growth!!



  6. #6
    Advanced Member Entrep's Avatar
    Join Date
    Mar 2008
    Posts
    1,859

    Default

    I only trade online using Commsec and ASB Securities, I don't think ASB are involved in this IPO.

    I might want around $10K of shares in this though. Will that be possible? Which broker would be easiest to use? Never been in an IPO to be honest.

  7. #7
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,222

    Default

    Quote Originally Posted by Entrep View Post
    I only trade online using Commsec and ASB Securities, I don't think ASB are involved in this IPO.

    I might want around $10K of shares in this though. Will that be possible? Which broker would be easiest to use? Never been in an IPO to be honest.
    Most times lead broker will give other brokers an allocation.
    I would register your interest with both Commsec and ASB.

  8. #8
    Senior Member
    Join Date
    May 2004
    Posts
    1,023

    Default

    Where is the priority for existing AWN shareholders?? Many of us invested in AWN for exposure to Intueri. Now it's been sold with AWN only maintaining a minority interest. And they can't even offer existing shareholders an allocation

  9. #9
    Senior Member
    Join Date
    Sep 2012
    Location
    Auckland
    Posts
    1,206

    Default

    Looked closer at this over the last few days - seems good with plenty of growth and a nice bonus 4-5% div

  10. #10
    Member
    Join Date
    May 2013
    Posts
    91

    Default

    Interesting company. There's much to like about spin-offs, they tend to appreciate in value in markets like the USA.

Tags for this Thread

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
  •