GTK - Gentrack

[Snow Leopard]

Good to see something 'tech' listing that actually makes a profit and intends to pay a small dividend.

So the aim appears to be to pay off the debt, give a few current shareholders the opportunity to sell down their stake and then go for world domination.

I think that $2.50 a share (and a forward P/E of 18) is dreaming, and nearer the $2 mark would be the right price - but who knows what the book building will come up with.

Best Wishes
Paper Tiger

[nextbigthing]

Is mild interesting an Indonesian dish? I think you got ordering breakfast mixed up with your post PT

[Snow Leopard]

Is mild interesting an Indonesian dish? I think you got ordering breakfast mixed up with your post PT

For mild interesting (breakfast) please read:
nasi putih, terong, telur, sambul dan yang ini [white rice, eggplant, egg, sambal and this (some green vegetable dish I did not know the name of)]

For mild interesting (title) please read:
"maybe interested"



Best Wishes
Paper Tiger

[iceman]

ANZ securities (formerly Direct Broking) have offered me some. Might be an idea to give them a call.

For those interested, all the info on this IPO is available on the ANZ Securities website. Left hand side under " Investment Opportunities"

[GoldenStag]

I think that $2.50 a share (and a forward P/E of 18) is dreaming, and nearer the $2 mark would be the right price - but who knows what the book building will come up with.

Best Wishes
Paper Tiger

Agree. The P/E numbers seem a little high to me without a solid growth plan. Otherwise just buy TEL, MEL etc and get somewhat guaranteed dividends with less risk.

Frustrating being on the retail side and only knowing the price after I've put in the firm.

Who is going for this one?

And a silly noob question - I can't tell from the prospectus if Australians can take part in the IPO or have to buy in the secondary market. Does anyone know?

[vorno]

So, with the deadline looping for 10am tomorrow are there any latecomers planning to go for it?


By stag do you mean buy & sell quickly for the likely initial gain?

[newtrader]

Can someone explain what the 10am deadline is for exactly? Firm interest?

And how is this different from the general offer?

[vorno]

Can someone explain what the 10am deadline is for exactly? Firm interest?

And how is this different from the general offer?

It was the deadline from my broker for registering interest really.

"Please advise us by email no later than 10am Wednesday 4^th June 2014 if you would like to register your firm interest. Once you have registered your interest we will contact you by phone to confirm this and the application process.

The Offer opens on Monday 9^th June 2014, we will contact you by email around this time providing the Investment Statement with application form. ASB Securities will allocate on a first in first served basis and applications may be subject to scaling.

The time frame for the Offer is tight, therefore if you do wish to register please let us know at your soonest convenience. Should you wish to discuss the offer further, please don’t hesitate to call us on 0800 272 732, option 2."

[macduffy]

Can someone explain what the 10am deadline is for exactly? Firm interest?

And how is this different from the general offer?

I don't think there is any "general offer". The issue will be tendered for by brokers who will presumably base their numbers on demand from clients - among other factors.

[vorno]

I don't think there is any "general offer".

Correct it would seem: "Please contact your financial advisor or a NZX firm to apply for shares or get advice"