bosley
- 05 Mar 2004 11:55
looking for advice on how to subscribe in ipo's? whats the best way ? how do you do it? what do i need to do? things like that......
and, as a small investor , am i allowed?
Paddington Bear
- 07 Mar 2004 10:13
- 5 of 8
FTreader - that is not quiet true. The dotcom & many IT compnies that were floated, basically should never have been.
There are quite alot of companies being lined up that would appeal to the public with good profitable track records ie. Halfords & Ikea - many have been on the backburner due to the bear market.
The largest IPO in 3 years is priced tomorrow - Belgacomm - also open to the public, albeit probablt only to belgians? followed by Eircomm.
Much of the problem with IPO's & the public had to do with costs & admin - much of this would be cut out if done electronically. So i believe their still is a market for the public without being ripped off, but we will have to see how it develops.
BTW - William Hill was the last biggish one open to the public about 18 months ago & is up around 70%.
bosley
- 08 Mar 2004 09:39
- 6 of 8
thanks for the advice fellas. i too got fingers burnt during the last gold rush, but i feel now is a good time to be looking at ipo's as some potentially good companies are looking to float . so far i have found out that its institutions that are getting the pick of the bunch and i just wondered if that was indeed the case or if anyone knew something different.
maxim
- 08 Mar 2004 12:33
- 7 of 8
Torex Retail IPO last tuesday issue price 40p broker/underwriter Evolution. Opened up early 50's at 8.02 am on the first day of trading went to 65p mid price currently where it lies with a 5p spread bid/offer. As far as I can see any trades of decent sizes have been cross trades so who knows whats gone/going on??? All I know is the share price has stopped moving and there is hardly any volume......Should be a good medium/long term bet though.......once the cross trades stop!!!
38
- 09 Mar 2004 11:07
- 8 of 8
It isn't all doom and gloom. Drop me a mail if you want to discuss.