New issue fever's been hitting the market!
30/10/2013
I'm happy with my Royal Mail shares, shame I could only get the £750 worth but not complaining at 50% plus on that. My thanks to the business genius that is Vince Cable.
It's not just Royal Mail that's been floated there are loadsa floats around.
Now among current and upcoming floats there's going to be the good, the bad and the downright ugly.
Here are my top 5 of what I think might be good floats. Of course they could turn out ugly.
1. Arrow Global
This one has just listed on the market in the low 200s - it's a debt collector, yes the equivalent of the big guys who come round your house to take your TV if you lost all your money spreadbetting. (Told you not to punt oil companies)
Very fast-moving profits for this one 55% rise in revenues to end June this year and looks very good value. I'm already in at 221ish.
2. Applied Graphene Materials
Probably floating in November, Graphene's a new type of material expected to revolutionise medicine and manufacturing with light but strong and conductive properties.
They reckon interest in Graphene is growing but up till now it hasn't grown as it's been hampered because it's been hard to produce it efficiently and to scale.
The company reckons the listing will raise £10m to develop it to the scale needed.
So, it could be the next big thing. Or it all might fizzle out. One of those ones where it might be worth having a nibble but realise risks are there.
3. Merlin Entertainments
It operates all those vile theme parks that us poor parents get dragged to visit. Full of families eating well over-priced crap. But that is good news for us canny investors!
They operate parks like Legoland , Chessington Sealife and the Eye.
They've had a good year with revenues up over 11% and plan to build more tedious parks all over the world so that more parents can spend a fortune entertaining our spoiled children.
Watch out though - the shares could be a roller coaster ride. See what I did there?
4. Just Retirement
Afraid we all get to just retire in the end, well except us obsessed traders. I'll be on my death bed... don't take my laptop away just one last trade before I go...
This one provides annuities and equity release lifetime mortgages. Yes it is all horrible and I don't want to dwell on it, quite depressing but it is probably going to be a good investment. Till death do you part when the government will step in and tax any profit you made on it. The bastards.
5. Kromek
This one has just listed. It develops high performance materials and products for radiation detection.
Plenty of markets for this including detecting explosive materials for airports and identifying cancerous materials. I rather like it as markets look good, about 59p to buy as I write but hoping to get it a little cheaper than that.
I'm hoping all these should have plenty of upside though not instant like Royal Mail.
One float coming up next year is one I am going to stay clear of isPoundland.
Come on. It can never put its prices up, what sort of investment is that?
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