Medibank IPO Pre-Registration open today

Discussion in 'Stocks & Derivatives' started by bloomst, Sep 28, 2014.

  1. bloomst

    bloomst Well-Known Member Silver Stacker

    Joined:
    Jul 16, 2012
    Messages:
    4,944
    Likes Received:
    46
    Trophy Points:
    48
    Location:
    Melbourne, Australia.
  2. BigSteve

    BigSteve New Member Silver Stacker

    Joined:
    Aug 25, 2012
    Messages:
    230
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Oz Land
    Why the anti-American sentiment? You must not be in the US and you must not provide a copy of the prospectus to anybody in the US!
     
  3. Caput Lupinum

    Caput Lupinum Active Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,785
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Silver Stackers forum
    I'd say it's more likely to do with America being anti-American. Probably has something to do with FACTA
     
  4. aussiesilver

    aussiesilver Well-Known Member Silver Stacker

    Joined:
    Aug 4, 2009
    Messages:
    1,455
    Likes Received:
    217
    Trophy Points:
    63
    Location:
    Victoria
    Should be a good IPO. Will be interesting to see what sort of issue price. I'm guessing $3.20
     
  5. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

    Joined:
    Oct 19, 2011
    Messages:
    4,026
    Likes Received:
    65
    Trophy Points:
    48
    Location:
    Land of Nineth Dragon
  6. Caput Lupinum

    Caput Lupinum Active Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,785
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Silver Stackers forum
    This will probably be one for the SMSF
     
  7. bloomst

    bloomst Well-Known Member Silver Stacker

    Joined:
    Jul 16, 2012
    Messages:
    4,944
    Likes Received:
    46
    Trophy Points:
    48
    Location:
    Melbourne, Australia.
    I haven't seen an IPO that open directly to overseas investors.
     
  8. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    8,756
    Likes Received:
    1,958
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    Americans need the permission of their government, so that govt can include and force those companies to submit to them, if the companies want to ask money from one of their slaves.

    Americans has been more and more isolated before their people come to realised it.
    No bank account can be open by American Citizens in many countries nowadays.
    No Alibaba :p too bad.

    etc :(
     
  9. House

    House Administrator Staff Member

    Joined:
    May 1, 2012
    Messages:
    9,708
    Likes Received:
    305
    Trophy Points:
    83
    Location:
    Stack City
    Ads on TV for it too
     
  10. bloomst

    bloomst Well-Known Member Silver Stacker

    Joined:
    Jul 16, 2012
    Messages:
    4,944
    Likes Received:
    46
    Trophy Points:
    48
    Location:
    Melbourne, Australia.
    Prospectus is up on the website, with indication of $1.55-$2 share price range, with retail investor is capped at $2/shares.

    minimum investment is $2000. offer open 28/10/14.
     
  11. Caput Lupinum

    Caput Lupinum Active Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,785
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Silver Stackers forum
    $2 a share is too champagne for my beer budget
     
  12. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

    Joined:
    Oct 19, 2011
    Messages:
    4,026
    Likes Received:
    65
    Trophy Points:
    48
    Location:
    Land of Nineth Dragon
    how the comparison to NIB (ASX code NHF) current trading close to $3 and few yers back Bupa/MBF merger (SP $2.40?)

    good to snap the medibank at $1.55-2?
     
  13. Caput Lupinum

    Caput Lupinum Active Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,785
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Silver Stackers forum
    If it comes in closer to the $2 mark I'll wait for the first decent pullback which will probably happen on the second day of trading
     
  14. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    19,640
    Likes Received:
    2,806
    Trophy Points:
    113
    Location:
    昆士蘭
    How do you work out an estimated price?
     
  15. Caput Lupinum

    Caput Lupinum Active Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,785
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Silver Stackers forum
    It's comes down mostly to the demand for the shares. Given the media coverage for the IPO and the size of the company demand will be high and most likely oversubscribed which will lead to a higher debut price. The timing of the IPO will play a role as well. It's not uncommon for an IPO to be delayed until better market conditions give it a higher price. Just guessing but I would think it would be closer to or even higher than $2 rather than the $1.55 mark which would give it a P/E ratio of about 21. Too high for my liking
     
  16. bull_bear

    bull_bear New Member Silver Stacker

    Joined:
    Jul 16, 2013
    Messages:
    904
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    I'm actually thinking it is still good value at $2 a share.
    In fact, I'd go as far as to say that I think that baring a big market drop between now and listing, there is a fair chance the insto's are going to price this above the $2 mark, (say $2.10) retail holders still pay $2.00.
    Then a stag profit on day 1 of around 30 cents for some lucky retail holders (Based on my brief read of the IPO numbers and some back of envelope calcs)

    I'm not a financial advisor.. yada yada..!

    Key factors used to estimate price: R.O.E. / NIB trading $ & ratios / earnings per share / my own fudge factors
     
  17. bloomst

    bloomst Well-Known Member Silver Stacker

    Joined:
    Jul 16, 2012
    Messages:
    4,944
    Likes Received:
    46
    Trophy Points:
    48
    Location:
    Melbourne, Australia.
    Its in the prospectus, stated the range will be $1.55-$2 max for retail investor (max $250,000)
     
  18. bull_bear

    bull_bear New Member Silver Stacker

    Joined:
    Jul 16, 2013
    Messages:
    904
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    anyone looked into this any further or heard a recommendation for or against from brokers/advisers etc?
     
  19. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    19,640
    Likes Received:
    2,806
    Trophy Points:
    113
    Location:
    昆士蘭
    I'll find an article I was reading the other day and post it.
     
  20. Caput Lupinum

    Caput Lupinum Active Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,785
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Silver Stackers forum
    I'm waiting until it floats. Not knowing the exact price is enough for me to give it a miss. I'm convinced it will float around the $2.00 mark
     

Share This Page