Showing posts with label IPO. Show all posts
Showing posts with label IPO. Show all posts

Thursday, September 1, 2011

Manchester United IPO

Here' s a piece of an article related to Manchester United's IPO to listed on SGX.

Credits to Dali for the article.

Manchester United To List In Singapore

Do I mind that MU is going to list on SGX? Not particularly because seriously, Malaysia was NEVER under the radar for consideration. That is just the plain truth. It was always going to be between HK and Singapore. Imagine the consternation among fans from the UK to hear of this listing.

Will you make money from this IPO, probably if you got in at IPO level as the frenzied trading on listing would provide enough room to get out. Will the company make real money in the long term term? Not likely. In the end, the shares are likely to stay in the hands of staunch supporters, and scheming rich billionaires slicing some stake in the hope that MU's controlling shareholders will someday sell or just pass on.

Monday, June 13, 2011

News: Facebook IPO?

(Reuters) - Facebook is preparing to file for an initial public offering as early as October or November that could value the popular social networking site at more than $100 billion, financial news channel CNBC reported on Monday.

Goldman Sachs is leading the chase to manage the lucrative offering, which could come in the first quarter of 2012, CNBC said.



With more than 500 million users, Facebook is the world's most popular Internet social network and one of the most hotly-anticipated initial public offerings on Wall Street.