IPO
Jim Cramer was right when he was furious about the LinkedIn Corp’s IPO yesterday. He was absolutely right that the IPO was “outrageously overvalued and preposterous” and that it’s the most ridiculous IPO since TheGlobe.com. Seriously, who can blame him when he accused the underwriters of playing the same game everyone played back in the […]
... written on May 20 2011Facebook is the world’s largest social network, with over 500 million users. Founder Mark Zuckerberg launched “Thefacebook” (thefacebook.com) on Feb 2004 before rename it as just “Facebook” after secured the domain facebook.com in 2005 for $200,000. Facebook actually started as Facemash, a simple site that placed two photos next to each other and ask users […]
... written on Jan 08 2011Petronas Chemicals Group Berhad’s IPO (initial public offering) which is set to raise as much as US$4 billion has launched its prospectus today, offering RM5.05 a share to retail investors. At the same time, the company, the petrochemical arm of Malaysia’s state oil and gas company Petronas, announced its net income for the four months […]
... written on Nov 01 2010Petronas Chemicals IPO (initial public offering) which is set to raise as much as US$4 billion, exceeding even Maxis Berhad’s (KLSE: MAXIS, stock-code 6012) IPO last year valued at US$3.3 billion, will be offered to retail investors at RM5.05 a share while institutions will need to pay RM5.20 a share. This will make Petronas Chemicals […]
... written on Oct 13 2010
