Medibank IPO Pre-Registration open today

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

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  1. bloomst

    bloomst Well-Known Member Silver Stacker

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    bloomst, Sep 28, 2014
    #1
  2. BigSteve

    BigSteve New Member Silver Stacker

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    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!
     
    BigSteve, Sep 28, 2014
    #2
  3. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    I'd say it's more likely to do with America being anti-American. Probably has something to do with FACTA
     
    Caput Lupinum, Sep 28, 2014
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  4. aussiesilver

    aussiesilver Well-Known Member Silver Stacker

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    Should be a good IPO. Will be interesting to see what sort of issue price. I'm guessing $3.20
     
    aussiesilver, Sep 28, 2014
    #4
  5. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    Buy :)
     
    Lunardragon, Sep 28, 2014
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  6. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    This will probably be one for the SMSF
     
    Caput Lupinum, Sep 28, 2014
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  7. bloomst

    bloomst Well-Known Member Silver Stacker

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    I haven't seen an IPO that open directly to overseas investors.
     
    bloomst, Sep 30, 2014
    #7
  8. alor

    alor Well-Known Member Silver Stacker

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    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 :(
     
    alor, Sep 30, 2014
    #8
  9. House

    House Well-Known Member Silver Stacker

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    Ads on TV for it too
     
    House, Sep 30, 2014
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  10. bloomst

    bloomst Well-Known Member Silver Stacker

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    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.
     
    bloomst, Oct 21, 2014
    #10
  11. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    $2 a share is too champagne for my beer budget
     
    Caput Lupinum, Oct 21, 2014
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  12. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    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?
     
    Lunardragon, Oct 21, 2014
    #12
  13. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    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
     
    Caput Lupinum, Oct 21, 2014
    #13
  14. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    How do you work out an estimated price?
     
    mmm....shiney!, Oct 21, 2014
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  15. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    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
     
    Caput Lupinum, Oct 21, 2014
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  16. bull_bear

    bull_bear New Member Silver Stacker

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    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
     
    bull_bear, Oct 21, 2014
    #16
  17. bloomst

    bloomst Well-Known Member Silver Stacker

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    Its in the prospectus, stated the range will be $1.55-$2 max for retail investor (max $250,000)
     
    bloomst, Oct 25, 2014
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  18. bull_bear

    bull_bear New Member Silver Stacker

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    anyone looked into this any further or heard a recommendation for or against from brokers/advisers etc?
     
    bull_bear, Oct 29, 2014
    #18
  19. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    I'll find an article I was reading the other day and post it.
     
    mmm....shiney!, Oct 29, 2014
    #19
  20. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    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
     
    Caput Lupinum, Oct 29, 2014
    #20
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