IPOd

Küsimus selline, kas keegi saab praegu regulaarselt USA turu IPOsid n-ö eelmüügist?

Ja kui, siis, mis vahenditega ja kui suures koguses? E*Trade jagab vist mingit 100-200 aktsiat aktiivsematele klientidele, aga sellega kaasneb pikaajaline hoidmiskohustus.

Nii nagu mina olen aru saanud, saab IPO hinnaga aktsiad siis, kui oled IPO't organiseeriva finantsasutuse klient. ETrade on olnud üks aktiivsemaid internetifirmade IPO'de organiseerijaid. Iga vastav firma võib seada omad reeglid ja need võivad aktsiate puhul erineda. GOTO puhul pakkus GOTO varajastele reklaamipartneritele suhteliselt pisikese osa aktsiad (maksimaalselt vist 300) ja selleks tuli teha avaldus ja konto avada mingis muus maaklerifirmas (kahjuks ei mäleta peast praegu nime). Edasi lasin need aktsiad lihtsalt Dateki arvele kanda.
Ma arvan, et parimat infi saad, kui võtad ühendust soovitud firmaga ennem IPO't, kirjutad neile soosiva maili ja küsid, kuidas saaksid osaleda.

Veiko
Veiko: Mis Sinu e-mail on?
veiko@financials98.com ja veiko@hr-manager.com

Veiko

kes siis IPOsid said ja juba esimesel päeval mitme-mitmekordse kasuga realiseerisid...

Tabel tänasest WSJ, IPO veerus ei ole mitte aktsiate arv, vaid emissioonide arv. Aktsiate arv ulatus aga tuhandetesse

HOT OFFERINGS

Some executives that received shares of IPOs from Goldman Sachs.

NAME COMPANY IPOs
Margaret Whitman eBay 100
Jeffrey Skoll eBay 75
Pierre Omidyar eBay 40
Edward Lenk eToys 25
Stephen Green Global Crossing 75
Abbott Brown Global Crossing 10
Barry Porter Global Crossing 12
John Legere Global Crossing 9
Steve Valenzuela PlanetRX.com 100
Martin Peretz TheStreet.com 25
Jerry Yang Yahoo 100
Kuidas IPO-d LHV-s kaubeldavaks muutuvad. Ehk siis küsimus pigem selline, et kas IPO päeval saab tehingu teha kohe alguses või peab mingi aja ootama enne?

iPilot

LHV Traderis alates esimesest kauplemispäevast, LHV investeerimiskontol on vajalik maaklerile teada anda, et värskelt börsile tulnud aktsia LHV kauplemissüsteemis kaubeldavaks muudetaks: maaklerid@lhv.ee või 6800420

Tundub, et Princetoni ülikooli teadlastel on kohati igav ja nüüd on tuldud välja uurimusega IPOde edukuse ja firma nime vahelistest seostest. Nimelt leiti, et lihtsalt hääldatavate nimedega ettevõtete aktsiatel läheb esimestel kauplemispäevael (näiteks Google (GOOG)) märksa paremini kui keeruliste firmanimede (näiteks Vyyo (VYYO)) korral.

Sarnasesse valdkonda läheb ka varasem tähelepanek, et turud on päikesepaistelistel päevadel tugevamad kui vihmasaju korral.

Red Herring

On siis Tallinki nimi sedavõrd keerulisem kui Eesti Ehitus ? ;)

Rootsi teadlased on leidnud tugeva korrelatsiooni kurgede arvukuse ja laste sündivuse vahel - kusjuures tegu ei ole naljaga. Kunagi legendaarne TÜ matemaatika õppejõud Elmar Sakkov tõi selle näiteks kuidas matemaatiliste seoste otsimise juures võiks ka pead kasutada, sest ka omavahel mitte seost omavad nähtused võivad hämmastaval kombel korrelatsioonis olla.
to: Henno

Või nagu Hellat Rumvolti kunagine uurimus, mis tõestas, et päikese aktiivsuse kasvades (muutub rohkem inimesi idiootideks ja) põhjustavad rohkem raskeid liiklusõnnetusi.
Miks mitte, kõik asjad siin maailmas on omavahel seotud. Sündmust tingiva inimesele aru saadava iga teguri kohta on olemas 100 muud mõjutegurit, mille seost antud sündmusega normaalne inimene ei taju. Tükike tilli supis annab pisut teise maitse, millest supi sööja ei pruugi arugi saada:)
To: Suffiks
... ja ilmade soojenedes lüheneb naistel seelikupikkus :)
Väike jutuke 2006 aasta IPO-de võitjatest ja kaotajatest.


Scouting the Latest IPOs
By S.J. Caplan
October 2, 2006

Just like opening day at the ballpark, investing in new IPOs holds the potential for shining promise and crushing disappointment. If you simply can't bear to just cheer on your favorites from the sidelines, at least be careful about investing in this league. Many new issues swing for the fences during their first trading days, only to slump once marketing hype gives way to mundane earnings reports.

Don't commit an error by stocking your entire portfolio with rookies. Allocate just a small percentage of your risk capital to IPOs. Scout your potential phenoms carefully, and be choosy about composing your own rotisserie league. Investing with an eye for a season extending long beyond opening day will reward you with quality players capable of staying in the game. With that in mind, we offer our Foolish scouting report of the latest IPOs.

Last week's games
Several games were played last week. The players are ranked below, according to their returns from their offering price to the close of their first trading day.

Winner: Mindray Medical International

Ticker: (NYSE: MR)
Industry: Chinese medical-device maker
Deal terms: 20 million ADSs, $13.50 per share
Lead managers: Goldman Sachs and UBS
Filed: Sept. 6
Opening day: Sept. 26, opened at $16, closed at $17.55; 30% gain
Bleacher banter: Priced above its expected range of $10-$12; strong demand
Runner-up: Bare Escentuals

Ticker: (Nasdaq: BARE)
Industry: Cosmetics manufacturer
Deal terms: 16 million shares, $22 per share
Lead managers: Goldman Sachs and CIBC World Markets
Filed: June 30
Opening day: Sept. 29, opened at $28, closed at $27.15; 23.4% gain
Bleacher banter: Priced above its expected range of $15-$17; strong demand
Omni Financial Services

Ticker: (Nasdaq: OFSI)
Industry: Bank holding company
Deal terms: 3.35 million shares, $9.50 per share
Lead managers: Sandler O'Neill and Keefe, Bruyette & Woods
Filed: June 14
Opening day: Sept. 29, opened at $10, closed at $10.49; 10.4% gain
Bleacher banter: Priced below its expected range of $10-$12; the number of shares was increased by 350,000
Shutterfly

Ticker: (Nasdaq: SFLY)
Industry: Online photo service provider
Deal terms: 5.8 million shares, $15 per share
Lead managers: JPMorgan, Piper Jaffray, and Jefferies
Filed: June 29
Opening day: Sept. 29, opened at $15.50, closed at $15.55; 3.7% gain
Bleacher banter: Priced at the high end of its expected range
CBRE Realty Finance

Ticker: (NYSE: CBF)
Industry: Commercial REIT
Deal terms: 9.6 million shares, $14.50 per share
Lead managers: Credit Suisse, Deutsche Bank, Citigroup, Wachovia, and JMP Securities
Filed: March 3
Opening day: Sept. 28, opened at $14.50, closed at $15; 3.4% gain
Bleacher banter: Priced below its expected range of $15-$17; of the total shares sold, insiders offered 1.1 million shares, 400,000 less than anticipated
ICF International

Ticker: (Nasdaq: ICFI)
Industry: Government consultant
Deal terms: 4.67 million shares, $12 per share
Lead managers: UBS, Stifel Nicolaus, William Blair, and Jefferies
Filed: May 11
Opening day: Sept. 28, opened at $12, closed at $12.25; 2.1% gain
Bleacher banter: Priced below its expected range of $14-$16
Loser: EV Energy Partners

Ticker: (Nasdaq: EVEP)
Industry: Oil and gas developer
Deal terms: 3.9 million units, $20 per unit
Lead managers: A.G. Edwards, Raymond James, Wachovia, and Oppenheimer
Filed: May 15
Opening day: Sept. 27, opened at $20.10, closed at $19.79; 1.1% loss
Bleacher banter: Priced at midpoint of its expected range
On deck
Several major IPOs are slated for the coming week, including the following:

BreitBurn Energy Partners

Proposed ticker: Nasdaq: BBEP
Industry: Oil and gas partnership
Proposed deal terms: Six million units, $19-$21 per unit
Lead managers: RBC Capital Markets and Citigroup
Filed: May 12
Danaos Corporation

Proposed ticker: NYSE: DAC
Industry: Greek shipping company
Proposed deal terms: 10.3 million shares, $20-$22 per share
Lead managers: Merrill Lynch and Citigroup
Filed: Sept. 19
ImaRX Therapeutics

Proposed ticker: Nasdaq: IMRX
Industry: Biopharmaceutical
Proposed deal terms: Five million shares, $10-$12 per share
Lead managers: CIBC World Markets, Jefferies, and First Albany Capital
Filed: May 19
Note: Held over from prior week
Light Sciences Oncology

Proposed ticker: Nasdaq: LSON
Industry: Cancer treatment developer
Proposed deal terms: 5.25 million shares, $14-$16 per share
Lead managers: Cowen & Company and Wachovia
Filed: April 24
Rosetta Genomics

Proposed ticker: Nasdaq: ROSG
Industry: Israeli genomic therapeutics developer
Proposed deal terms: Three million shares, $11-$13 per share
Lead manager: CE Unterberg Towbin
Filed: Sept. 1
Games of the week
It may be more fun to stay on the sidelines this week and root for the Dow to continue its rise. If you're drawn to the IPO market, take a look at Breitburn Energy, another entry into the crowded new-issue energy arena, which has not been performing well lately. The California-based company holds producing and non-producing oil reserves in the Los Angeles basin and Wyoming, and plans to pay a quarterly cash dividend of $0.41 per unit.

Perhaps you've always fancied yourself a Greek shipping magnate. If so, maybe you'd like to take a cruise with Danaos, an international owner of container ships. The Athens-based company, founded in 1972, has a record of growth and profitability and intends to pay dividends of $0.44 per share.

Warming up in the bullpen
eHealth, an online health-insurance provider, announced deal terms of five million shares, offered at $10-$12 per share. The lead managers are Morgan Stanley, Merrill Lynch, Thomas Weisel, and JMP Securities.

UltraPetrol Bahamas, a marine transportation company, announced deal terms of 12.5 million shares, offered at $13-$15 per share. The lead managers are UBS Investment Bank and Bear Stearns.

Sent down to the minors
Aside from ImaRx Therapeutics pushing its offering from last week to this week, no companies postponed their offerings.

Minor-league developments
Get ready, get set ... not yet! The latest filings announced during the last two weeks include:

AeroVironment

Proposed ticker: Nasdaq: AVAV
Industry: Unmanned aircraft systems provider
Proposed deal terms: Not yet determined
Lead managers: Goldman Sachs, Friedman Billings, Raymond James, and Stifel Nicolaus
Filed: Sept. 28
Altra Holdings

Proposed ticker: Nasdaq: AIMC
Industry: Mechanical parts manufacturer
Proposed deal terms: Not yet determined
Lead managers: Merrill Lynch, Wachovia, and Jefferies
Filed: Sept. 29
Animal Health International

Proposed ticker: Nasdaq: AHII
Industry: Animal-health product distributor
Proposed deal terms: Not yet determined
Lead managers: JPMorgan, William Blair, Piper Jaffray, and Robert Baird
Filed: Sept. 28
CVR Energy

Proposed ticker: Not yet determined
Industry: Fuel refiner and fertilizer producer
Proposed deal terms: Not yet determined
Lead managers: Not yet determined
Filed: Sept. 26
Mellanox Technologies

Proposed ticker: Nasdaq: MLNX
Industry: Israeli semiconductor firm
Proposed deal terms: Not yet determined
Lead managers: Credit Suisse, JPMorgan, Thomas Weisel, and Jefferies
Filed: Sept. 28
Switch & Data

Proposed ticker: Nasdaq: SDXC
Industry: Interconnections service provider
Proposed deal terms: Not yet determined
Lead managers: Deutsche Bank and Jefferies
Filed: Sept. 27
Disabled list
Jazz Semiconductor announced the withdrawal of its offering last week following the company's acquisition by Acquicor Technology (AMEX: AQR).

Current champions
Meet our current 2006 champs. Among companies that went public this calendar year, these firms' percentage returns from their offer prices to last week's closing price rank them as the top five players:

Company
Return
Description
IPO Date

Chipotle Mexican Grill (NYSE: CMG)
+125.8%
Mexican restaurant operator
1/25/06

Riverbed Technology (Nasdaq: RVBD)
+100%
Tech
9/21/06

Omrix Biopharmaceuticals (Nasdaq: OMRI)
+88.3%
Medical products
4/21/06

MasterCard (NYSE: MA)
+80.4%
Credit card provider
5/25/06

Techwell (Nasdaq: TWLL)
+66.4%
Semiconductors
6/21/06



Current benchwarmers
Now meet our current 2006 benchwarmers -- that's nicer to say than "losers," isn't it? Among companies that went public this calendar year, these firms' percentage returns from their offer prices to last week's closing price rank them as the bottom five players:

Company
Return
Description
IPO Date

Vonage Holdings (NYSE: VG)
(59.5%)
Telecom
5/24/06

Cardica (CRDC)
(58%)
Medical device maker
6/15/06

Traffic.com (Nasdaq: TRFC)
(57.9%)
Traffic information provider
1/25/06

SGX Pharmaceuticals (SGXP)
(57%)
Biotech
2/1/06

Aventine Renewable Energy (AVR)
(50.3%)
Ethanol supplier
6/29/06



Groupies & fan clubs
If you don't want to declare your loyalties for specific players, but still want to enjoy the action, consider subscribing to an IPO-focused mutual fund or exchange-traded fund. Of course, do your scouting homework here, too, and make sure you read their prospectuses before buying season tickets.

Last week, the First Trust IPOX 100 (AMEX: FPX), an ETF, posted a 1.6% increase, clearly beating the IPO Plus Aftermarket (Fund: IPOSX), a mutual fund, which inched up only 0.3%. In the broader market, the Nasdaq gained 1.8% and the Russell 2000 rose 1%.
Leidsin selle analüüsifirma (PBN) huvitava ülevaate "IPO PIONEERS 2". PBN's new report provides key data and analysis on all 18 Russian listings in 2006, as well as on 11 additional CIS IPOs from Kazakhstan, Ukraine and Georgia. IPO Pioneers 2 on järg 2005 aastal avaldatud ülevaatele "Russia’s IPO Pioneers: A Review of 23 Initial Public Offerings." Profiles of Russian listings since 1996 and key data on the size and success of the offerings. Hea ülevaatlik lugemine. Mõlemat analüüsi saab alla tirida firma veebilehe uudiste sektsioonist.
CIS maade IPO-ülevaade samalt firmalt IPO PIONEERS 3.

PBN’s third annual survey of the IPO market reviews 33 companies from CIS countries to list in 2007. Complete with listing data and offering trends for each of the Russian, Ukrainian and Kazakh companies, it analyzes the development and outlook for the CIS IPO.
Selle aasta IPO-dest

Aprillile lisaks uusi tulemas. SolarWind DigitalGlobe
SolarWinds Inc kõlab nime poolest kui alternatiivenergeetikakompanii, kuid on tegelikult network management software provider (mõeldud on siis andmesidevõrke).
Njah, endale tundus DigitalGlobe (NYSE: DGI) huvitavam.

DigitalGlobe's main clients include U.S. and foreign defense and intelligence agencies, and commercial customers, such as internet portals, and oil and gas exploration companies.
The company said its products are used in applications such as Google Maps and Microsoft's Virtual Earth.
DigitalGlobe gathers images daily through its two satellites and maintains them in its library. It plans to launch a third satellite in the autumn, which it expects to nearly double its image collection capabilities.

Kauplemist alustab 14.05.09. Samast kausist sööb näit. ka Nasdaqil listitud GeoEye (GEOY).










Nii GeoEye kui DigitalGlobe, mõlemad Google huviorbiidis kui ülesostukandidaadid.
DigitalGlobe (DGI) siis täna alustamas. IPO hind tuli $19, üle esialgse hinnavahemiku $16-$18.

Konkurent GEOY oli siin viimastel päevadel ka suurelt liikumas, teisipäeval CC käigus teatud satelliidifotode osas. Sai selloffi tugevalt, aga taastus osaliselt, kuna tehniline viga puudutab väikese turuosaga fotode tegemist ning parandatav. Veel eilegi analüütikute poolt kaitsmist ning aktsia liikus turu üldise suuna vastu.