Description: Shares of women’s apparel retailer J.Jill (JILL)plunged 50% Thursday after the company warned that sales would flag. The company said stores open at least a year may fall between 3% and 5% in the third quarter, and earnings would miss forecasts. Source: CNNMoney.com – video report Date: Oct 13, 2017 Link: http://money.cnn.com/2017/10/12/investing/jjill-retail-sales-plunge/index.html Questions for discussion: What… Read more »
Posts Tagged: IPO
Description: LONDON — It turns out Angry Birds is a billion-dollar idea. Source: NYTimes.com Date: Sep 28, 2017 Link: https://www.nytimes.com/2017/09/28/business/dealbook/rovio-angry-birds-ipo.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business®ion=rank&module=package&version=highlights&contentPlacement=1&pgtype=sectionfront Questions for discussion: What is the basis for the valuation? Do you think it is fairly priced for investors?
Description: Company could raise about C$200 million in share sale. Move comes two years after Searchlight Capital investment Source: Bloomberg.com Date: Sep 13, 2017 Link: https://www.bloomberg.com/news/articles/2017-09-13/canadian-casualwear-retailer-roots-files-for-toronto-ipo Questions for discussion: Do you think the evaluation is fair? Why do you think the IPO is being considered by management at this time, given the problems facing other… Read more »
Description: Kinder Morgan Canada Ltd. is expected to raise C$1.75 billion ($1.3 billion) in its initial public offering after setting the price of its shares at C$17 each, below the previous range, according to terms of the deal. Source: Bloomberg.com Date: May 17, 2017 Link: https://www.bloomberg.com/news/articles/2017-05-24/kinder-morgan-canada-said-to-price-ipo-at-c-17-in-canadian-debut Questions for discussion: How should investors evaluate this IPO?… Read more »
Description: Dani Reiss had no intention of running a billion-dollar clothing empire when he joined his dad’s shop making winter parkas 20 years ago. He was an English literature graduate from the University of Toronto, looking for a few bucks to finance his travel plans. Source: Bloomberg.com – video report Date: March 17 , 2017… Read more »
Description: Traders are paying “extortionate fees” of 15% to 20% to borrow shares of Snap in order to short them, according to figures reported by Simon Colvin, a research analyst at IHS Markit. Source: BusinessInsider.com Date: Mar 10, 2017 Link: http://markets.businessinsider.com/news/stocks/how-much-traders-are-paying-to-short-snapchat-2017-3-1001820424-1001820424 Questions for Discussions: How are investors treating Snapchat? Do you agree with the valuations made on… Read more »
Description: We’re talking hundreds of millions of dollars. Source: Fortune.com – video report Date: Mar 03, 2017 Link: http://for.tn/2mmrdjD Questions for Discussions: Do you think the NBCUniversal investment is a good decision? How should investors regard this move?
Description: Michael Brush lists three reasons to like the parent of Snapchat Source: MarketWatch.com Date: Mar 03, 2017 Link: http://www.marketwatch.com/story/heres-why-snap-will-reward-investors-like-facebook-instead-of-failing-them-like-twitter-2017-03-02?siteid=nwtwk Questions for discussion: Summarize the arguments presented. Would you be a buyer today?
Description: It’s now valued at billions of dollars less. Source: Fortune.com – video report Date: Feb 17, 2017 Link: http://for.tn/2lPuMiB Questions for Discussions: Do you think Snap Inc.’s IPO price reduction makes sense? How do you think IPO investors will respond to the reduction?
Description: One of the more reliable paths to becoming a billionaire over the past 20 years has been to build a dominant technology company and then to take it public. Source: NYTimes.com Date: Feb 02, 2017 Link: https://www.nytimes.com/2017/02/02/business/dealbook/snapchat-ipo-billionaire.html?ref=business Questions for Discussions: What information stands out in the descriptions of who benefits from this IPO? According… Read more »