fatchubs Posted February 11, 2013 Share Posted February 11, 2013 Any feedback on the IPO of PBB? 2 Quote Link to comment
erika123 Posted February 12, 2013 Share Posted February 12, 2013 Any feedback on the IPO of PBB? The demand is definitely there. Its 4X oversubscribed. Its valued relatively cheaper. Everyone is so optimistic about this IPO for the year of the snake. It would most likely see an upside on the first trading day, and can easily reach 40+. Did I buy? No, I didn't. I'm just not interested in its business model. A thrift bank catering to small and medium enterprises. Quote Link to comment
fatchubs Posted February 13, 2013 Share Posted February 13, 2013 The demand is definitely there. Its 4X oversubscribed. Its valued relatively cheaper. Everyone is so optimistic about this IPO for the year of the snake. It would most likely see an upside on the first trading day, and can easily reach 40+. Did I buy? No, I didn't. I'm just not interested in its business model. A thrift bank catering to small and medium enterprises. They intend to offer the shares at a max pricing of around 41 which would make the stock fairly valued with minimal upside. At 31.50 this should be if I'm not mistaken around 1.4x price to book ... EW is doing close to 2 P/B which means 40 should be attainable if the market will price it that way. 1 Quote Link to comment
erika123 Posted February 14, 2013 Share Posted February 14, 2013 They intend to offer the shares at a max pricing of around 41 which would make the stock fairly valued with minimal upside. At 31.50 this should be if I'm not mistaken around 1.4x price to book ... EW is doing close to 2 P/B which means 40 should be attainable if the market will price it that way. You are correct. technically, you are right. But if you remember, east west bank was offered at around 1.2x price to book during its IPO. They also chose to offer it at a big discount, expecting the market to price it correctly by the time it goes to market. But it took some time before the price went up. And PBB is definitely way smaller than East West Bank. So im not entirely sure how the market would react to this. The only light I see in this IPO is that it is offered at a bullish market. If for that reason alone, I think this IPO may fly on the first few days. Quote Link to comment
fatchubs Posted February 14, 2013 Share Posted February 14, 2013 (edited) You are correct. technically, you are right. But if you remember, east west bank was offered at around 1.2x price to book during its IPO. They also chose to offer it at a big discount, expecting the market to price it correctly by the time it goes to market. But it took some time before the price went up. And PBB is definitely way smaller than East West Bank. So im not entirely sure how the market would react to this. The only light I see in this IPO is that it is offered at a bullish market. If for that reason alone, I think this IPO may fly on the first few days. hopefully it does ... any OTC deals you've heard of on PBB? Edited February 14, 2013 by fatchubs 1 Quote Link to comment
erika123 Posted February 14, 2013 Share Posted February 14, 2013 hopefully it does ... any OTC deals you've heard of on PBB? Yup, meron nga daw. 33-34 . Good luck sa PBB mo ha. Quote Link to comment
fatchubs Posted February 17, 2013 Share Posted February 17, 2013 1360858019[/url]' post='8537314']Yup, meron nga daw. 33-34 . Good luck sa PBB mo ha. Thanks ... 1 Quote Link to comment
vincent85 Posted February 23, 2013 Share Posted February 23, 2013 hello everyone.. Am interested in investing in stocks, any recommendations / advice please share... Quote Link to comment
vincent85 Posted February 23, 2013 Share Posted February 23, 2013 Hello everyone! Am interested in investing stocks, any recommendations / advice? please share... thanks Quote Link to comment
donjulio1942 Posted February 24, 2013 Share Posted February 24, 2013 "it is time to get out of the market when you start getting market tips from shoe-shine boys." Joe Kennedy, before the Crash. Quote Link to comment
mightymarts Posted February 25, 2013 Share Posted February 25, 2013 hello everyone.. Am interested in investing in stocks, any recommendations / advice please share... I can show you a guide that i have. Give me your email and i will send you some samples. Quote Link to comment
erika123 Posted February 26, 2013 Share Posted February 26, 2013 When do you sell? When a market that's probably fairly valued at 6,000 passes 6,500. That's when! How did you determine that the market is fairly valued at 6,000? Quote Link to comment
satnight Posted February 26, 2013 Share Posted February 26, 2013 Hello...anybody here who wants to sell BPI stocks at a bargain price? Am looking for some. TIA and sorry in advance if this post is in the wrong thread. Tnx Quote Link to comment
donjulio1942 Posted February 27, 2013 Share Posted February 27, 2013 Bloom will probably bloom more. A big bank is buying in. --------- "moderate your greed" Quote Link to comment
jmartinph Posted February 28, 2013 Share Posted February 28, 2013 ms @erika123 - i love your blog! please post move "investment" contents:) Quote Link to comment
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