my question was how to start my own company and get it listed as ipo?
Monthly archive: September, 2008
Agloco is Hot! Don’t Miss Out
Prince asks:
What is AGLOCO?
AGLOCO is in its development stages which is why its important to get in on it now. In it’s short history it’s already created quite a buzz among bloggers and the affiliate marketing community. And that’s what AGLOCO is: a community of shareholders.
The Premise
Advertisers, search providers, and online retailers are paying billions to reach you while you surf. How much of that money are you getting? AGLOCO is positioning itself to get paid by companies to reach the member community through its toolbar software. 90% of the revenue generated will go back to the active community members. The bigger the community, the more money AGLOCO makes for its members.
How Much Can You Make?
Current estimates predict that if you only use the toolbar while you surf for 5 hours per month (the current monthly maximum which is “banked” towards share eligibility) you will receive between $5 - $15/month in cash disbursements. While not much, its more of an incentive than other toolbars offer. But the real payout is in the referrals to build the community. Estimates indicate that every referral that becomes an active community member will translate to a $30 share ownership in the company. The company hasn’t even released the toolbar yet (the beta is being tested, with the public release expected in March) and some members have already generated 10,000 referrals. Imagine if someone had given you $300K in Google stock when it was an IPO!
Why should I join now?
First, it costs nothing to Join and takes less than one minute.
Second, you can help build the AGLOCO community by recruiting new Members TODAY.
What is AGLOCO?
AGLOCO is in its development stages which is why its important to get in on it now. In it’s short history it’s already created quite a buzz among bloggers and the affiliate marketing community. And that’s what AGLOCO is: a community of shareholders.
The Premise
Advertisers, search providers, and online retailers are paying billions to reach you while you surf. How much of that money are you getting? AGLOCO is positioning itself to get paid by companies to reach the member community through its toolbar software. 90% of the revenue generated will go back to the active community members. The bigger the community, the more money AGLOCO makes for its members.
How Much Can You Make?
Current estimates predict that if you only use the toolbar while you surf for 5 hours per month (the current monthly maximum which is “banked” towards share eligibility) you will receive between $5 - $15/month in cash disbursements. While not much, its more of an incentive than other toolbars offer. But the real payout is in the referrals to build the community. Estimates indicate that every referral that becomes an active community member will translate to a $30 share ownership in the company. The company hasn’t even released the toolbar yet (the beta is being tested, with the public release expected in March) and some members have already generated 10,000 referrals. Imagine if someone had given you $300K in Google stock when it was an IPO!
Why should I join now?
First, it costs nothing to Join and takes less than one minute.
Second, you can help build the AGLOCO community by recruiting new Members TODAY.
How do I secure copyright in the Philippines for a book I wrote?
Albina asks:
I have just finished a book and I’m planning on self-publishing and reproducing it. However, it seems I’ve overlooked the issue of copyright. How exactly does one secure copyright to things like books here in the Philippines? Do I go to the IPO, or some government office? How long should the process take and how much will it cost?
I have just finished a book and I’m planning on self-publishing and reproducing it. However, it seems I’ve overlooked the issue of copyright. How exactly does one secure copyright to things like books here in the Philippines? Do I go to the IPO, or some government office? How long should the process take and how much will it cost?
Pre-ipo Investing: Expert Advice for the Professional Investor by Finance Guru, Len Mcdowall
Bobbie asks:
This article takes a look at the pros and cons of investing into what is called Pre-IPO capital.
What is Pre-IPO capital? Well it’s exactly that, capital that is raised prior to an IPO.
So to make things clear, an IPO, or initial public offering, refers to the time when a company is about to list on the stock exchange, and they have issued a prospectus in order to attract investors funds. The amounts sought vary greatly depending of the size of the company and the need for capital. So if you invest into an IPO, you get the prospectus via a broker or online, fill in the application form and post it in along with a cheque. About 3 to 4 weeks later the company lists and you get your shares which you can immediately sell if you want to.
You are usually limited by the maximum number of shares you can subscribe to. It may be $10,000 for example. There will also be a minimum subscription. This varies from float to float of course.
The other thing that is common with an IPO offering is that there is a defined time period in which you must respond. - usually about 3 weeks. This allows the company and their broker to coordinate the float with the exchange. It also creates urgency for the investor by giving you a deadline in which to make a decision by.
The basics on Pre-IPO…
Pre-IPO is much different to this, although it sounds similar. Pre-IPO is raised anywhere from 3 months to 18 months prior to the company listing onto the ASX. It is usually done without a prospectus and in most cases is done at a time when there is no stock-broker representing the company or underwriting the float.
At the pre-IPO level, there is no guarantee that the company will make it to the actual IPO, what the share price will be, or even which broker will do it. Also, because it may take up to 2 years before the company floats, your money is pretty much tied up until then.
As you can see, there is higher risk involved. To reflect this, pre-IPOs are usually offered at a considerable discount to the anticipated IPO price. For example, if company X believed that they will list for $1, they may offer shares in a pre-IPO capital raising at $0.25. Should they end up listing for $1, they you make 4 times on your money at the IPO.
Most investors have not even heard of pre-IPO investment opportunities. This is because they are only usually marketed to wholesale investors, high net worth individuals, professional investors and investment funds. So to gain exposure to one, you sort of need to know the right people. Even high net worth individuals do not often get exposed to pre-IPO opportunities simply because they are not connected to the company or the broker/advisor managing the offer.
Most opportunities are restricted to “wholesale” investors however limited opportunities are sometimes available to some “retail” investors.
Key strategies for reducing investor risk in Pre-IPO opportunities…
There is no safe way to invest into pre-IPO opportunities. Simply because there are many factors that may prevent the company from reaching the stock market. So the key is to invest into companies that are fairly close to listing. Some of the indicators for this are:
• Estimated listing timetable stated in Information Memorandum document (ideally within 12 months)
• Board of directors in place
• CEO in place
• Key management and staff in place
• Lead broker in place (or at least short listed)
• Legal team in place (for IPO)
• Accountant in place (for IPO)
• Advisor in place (for IPO)
• Financial projections completed
• Profitable
• Market opportunity clearly defined
• Share capital structure in place
• Value entry level established
It’s not necessary to have all the above criteria ticked, but the more the better as each criteria lessens the risk for you, the investor.
How do you know the company is going to list? The short answer is you don’t. Even some IPO’s have been pulled at the last minute. The bottom line is investing into Pre-IPO is risky, so be sure to only invest what you can afford to lose. And only invest a maximum of say 10% of your investment portfolio.
However when they work, the returns can be quite staggering. I know of a recent float where the pre-IPO investors bought in at $0.10 per share, less than 4 months before the IPO. The company floated at $0.20 and within 6 months, the shares rose to over $0.60. That’s 6 times your money within a year. However bear in mind that this was relatively speculative, and the pre-IPO investors could just have easily been left holding the stock for a couple of years.
In terms of Due Diligence, it’s wise to spend about 20 minutes on the phone to the CEO or better still, meet with them. Get them to answer any questions you have about the company and its ability to deliver on its promises. If you are investing $100,000 or more, it’s time well spent. If you were to spend a similar amount on a car, I’m sure you would take it around the block a couple of times, so make sure you do some homework when looking at a pre-IPO investment.
So how do you gain access to pre-IPO opportunities? Speak to your broker or get to know an advisory firm who specialises in pre-IPO capital raisings. From time to time, you will also see them advertised in the Financial Review (www.afr.com.au). It’s free to enquire and even if you don’t invest, it’s good to get a feel for this type of investment prior to writing a cheque.
© Len McDowall, Integral Capital Group
www.integralcapital.com
This article takes a look at the pros and cons of investing into what is called Pre-IPO capital.
What is Pre-IPO capital? Well it’s exactly that, capital that is raised prior to an IPO.
So to make things clear, an IPO, or initial public offering, refers to the time when a company is about to list on the stock exchange, and they have issued a prospectus in order to attract investors funds. The amounts sought vary greatly depending of the size of the company and the need for capital. So if you invest into an IPO, you get the prospectus via a broker or online, fill in the application form and post it in along with a cheque. About 3 to 4 weeks later the company lists and you get your shares which you can immediately sell if you want to.
You are usually limited by the maximum number of shares you can subscribe to. It may be $10,000 for example. There will also be a minimum subscription. This varies from float to float of course.
The other thing that is common with an IPO offering is that there is a defined time period in which you must respond. - usually about 3 weeks. This allows the company and their broker to coordinate the float with the exchange. It also creates urgency for the investor by giving you a deadline in which to make a decision by.
The basics on Pre-IPO…
Pre-IPO is much different to this, although it sounds similar. Pre-IPO is raised anywhere from 3 months to 18 months prior to the company listing onto the ASX. It is usually done without a prospectus and in most cases is done at a time when there is no stock-broker representing the company or underwriting the float.
At the pre-IPO level, there is no guarantee that the company will make it to the actual IPO, what the share price will be, or even which broker will do it. Also, because it may take up to 2 years before the company floats, your money is pretty much tied up until then.
As you can see, there is higher risk involved. To reflect this, pre-IPOs are usually offered at a considerable discount to the anticipated IPO price. For example, if company X believed that they will list for $1, they may offer shares in a pre-IPO capital raising at $0.25. Should they end up listing for $1, they you make 4 times on your money at the IPO.
Most investors have not even heard of pre-IPO investment opportunities. This is because they are only usually marketed to wholesale investors, high net worth individuals, professional investors and investment funds. So to gain exposure to one, you sort of need to know the right people. Even high net worth individuals do not often get exposed to pre-IPO opportunities simply because they are not connected to the company or the broker/advisor managing the offer.
Most opportunities are restricted to “wholesale” investors however limited opportunities are sometimes available to some “retail” investors.
Key strategies for reducing investor risk in Pre-IPO opportunities…
There is no safe way to invest into pre-IPO opportunities. Simply because there are many factors that may prevent the company from reaching the stock market. So the key is to invest into companies that are fairly close to listing. Some of the indicators for this are:
• Estimated listing timetable stated in Information Memorandum document (ideally within 12 months)
• Board of directors in place
• CEO in place
• Key management and staff in place
• Lead broker in place (or at least short listed)
• Legal team in place (for IPO)
• Accountant in place (for IPO)
• Advisor in place (for IPO)
• Financial projections completed
• Profitable
• Market opportunity clearly defined
• Share capital structure in place
• Value entry level established
It’s not necessary to have all the above criteria ticked, but the more the better as each criteria lessens the risk for you, the investor.
How do you know the company is going to list? The short answer is you don’t. Even some IPO’s have been pulled at the last minute. The bottom line is investing into Pre-IPO is risky, so be sure to only invest what you can afford to lose. And only invest a maximum of say 10% of your investment portfolio.
However when they work, the returns can be quite staggering. I know of a recent float where the pre-IPO investors bought in at $0.10 per share, less than 4 months before the IPO. The company floated at $0.20 and within 6 months, the shares rose to over $0.60. That’s 6 times your money within a year. However bear in mind that this was relatively speculative, and the pre-IPO investors could just have easily been left holding the stock for a couple of years.
In terms of Due Diligence, it’s wise to spend about 20 minutes on the phone to the CEO or better still, meet with them. Get them to answer any questions you have about the company and its ability to deliver on its promises. If you are investing $100,000 or more, it’s time well spent. If you were to spend a similar amount on a car, I’m sure you would take it around the block a couple of times, so make sure you do some homework when looking at a pre-IPO investment.
So how do you gain access to pre-IPO opportunities? Speak to your broker or get to know an advisory firm who specialises in pre-IPO capital raisings. From time to time, you will also see them advertised in the Financial Review (www.afr.com.au). It’s free to enquire and even if you don’t invest, it’s good to get a feel for this type of investment prior to writing a cheque.
© Len McDowall, Integral Capital Group
www.integralcapital.com
For buy the Reliance IPO through icicidirect.com which OPTION Institutional”CLICK RETAIL OR NON-?
Bong asks:
I want to buy Reliance IPo around RS. 100000 through ICICI Ditect.com.I know for Retail investors have the option for paying only 25% means RS 115 per share at the time of applying. Now I want to know , suppose when login to icicidirect.com and click on IPO section. The two option button displayed like “Retail” and “Non-Institutional”.
Suppose I click on “Retail” then how much how much price should be entered for buying 225 shares?
If I m right total amount for buying 225 shares, I will have to pay 225 * 115 =25875 and rest of amount when shares are allocated.
Please clarify my point.
I am right or wrong
I want to buy Reliance IPo around RS. 100000 through ICICI Ditect.com.I know for Retail investors have the option for paying only 25% means RS 115 per share at the time of applying. Now I want to know , suppose when login to icicidirect.com and click on IPO section. The two option button displayed like “Retail” and “Non-Institutional”.
Suppose I click on “Retail” then how much how much price should be entered for buying 225 shares?
If I m right total amount for buying 225 shares, I will have to pay 225 * 115 =25875 and rest of amount when shares are allocated.
Please clarify my point.
I am right or wrong
Initial Public Offering (IPO)?
Elva asks:
I’m in a basic accounting class, and I have read the chapter and my notes but I don’t understand what I’m supposed to do.
I’m in a basic accounting class, and I have read the chapter and my notes but I don’t understand what I’m supposed to do.
a. Knight Corporoation issued 17,912,000, $0.375 par common shares in itis public offer (IPO) on June 15,2004.
At what price did Knight Corporation issue the shares in its IPO?
I tried preparing a journal entry with the Common Stock being 6,717,000 (17,912,000*$0.375), but I don’t know how that would help me figure out the price at which the shares were issued.
Knight Corporation is not a real company, just a made up example for this problem.
