Ip Share Discussion Threads

[anley] 13/2/2014 15:20

Well done him as he milked the City of its cash and just look at who has bought in from the so called good money managers of the City!!

[broadwood] 13/2/2014 15:14

Hydrus - Barclays Stockbrokers. I still don't know how many 'oversubscribed' shares I got, if any.

IP Group has raised one hundred million pounds following a placing, open offer and subscription for 60.6m shares.

The group said demand for the shares had been "significantly" above its initial proposal, and consequently increased the amount raised from the originally planned £75m.

Chief Executive Officer Alan Aubrey said: "We are delighted to announce the successful completion of the capital raise and that, as a result of significant excess demand from existing and new institutional investors, the board has used its discretion to increase the size of the issue to £100m.

"This will enable us to accelerate growth by increasing our overall rate of capital deployment into both our existing portfolio and into new early stage opportunities, in the UK and internationally, as well as to broaden our access to world class IP."

[praipus] 13/2/2014 14:23

Bit like buying a good football player before he's played any matches for you. It's similar with intellectual property IP, gold rushes, oil and gas rights, famous works of art etc ect...human nature:-)

So you either short it, ignore it or go long.

If you go long how can you minimise the risk of blowing up or wipe out?

[hydrus] 13/2/2014 14:10

Yeah it's nuts. Of course not to say actual experience can't be successful but I wonder what management would deem as success? It's a very small company and although clearly has potential can management envisaging making profits of circa £1m plus in very short term? With a £60m market cap even with a very high PE of say 60 you might think that's reasonable for a very high potential company. But that situation seems light years away yet here and yet that's what the mcap is!!!

[malhashemi] 13/2/2014 13:30

If this is the craziness that is currently out there, then IP Group should milk this for all that it can. It should put forward at least one or two of its incubated businesses for IPO before summer and cash in on this mania. If they pull this off, then good luck to them. There is no shame in taking advantage of this mania.This mania will not last. Look through the history of the markets.. Any window of time that saw IPOs rising by 300% or more was followed by a correction ( hence my reference to the lastminute.com IPO ). With all due respect to anyone who maybe have bought Actual Experience in the market today at 200p or above, what on earth do you think the share price will do next when you paid 4 times the IPO price ? Double again by next week to 400p? And what exactly would cause it to that. So much "good news" is already in the price when it goes up fourfold in one day there is no room for positive upside left...

[hydrus] 13/2/2014 13:04

16 employees, £445k t/o, loss making, market cap £60m!!!! I would have had a punt at the offer price with a market cap of £15m but does seem nuts right now. Who knows though

[hydrus] 13/2/2014 12:46

Broad wood do you mind me asking who your broker is ? I couldn't get any shares maybe I need to switch broker. Share price is on lse website FYI

[malhashemi] 13/2/2014 12:46

Actual Experience 400% rise (it's 203p as I write this, having listed at 54.5p) is one of two things :- the advisors grossly undervalued the company when they set the value of the company. It's actually a screw up when IPO goes up that much, since the company lost out on raising the same amount of money but for selling fewer shares- it's a stark sign of a market that has become irrational, and this typically precedes a serious market correctionAnyone here remembers lastminute.com (or .bomb) at the peak if the internet bubble?I had thought I can get in first thing this morning at around 65p. I called two separate brokers who were struggling to even find an accurate price for this (an LSE / AIM mess up). One broker quoted me initially 0.75p ! Anyhow one called me back around 9:30 to say price was 110p, double IPO price. I passed.. It then doubled again. crazy.

[broadwood] 13/2/2014 12:09

Glad I oversubscribed. But still havn't been told how many I got.

[anley] 13/2/2014 12:06

The Share Center mentioned that there was a potential 25%+ uplift from around 180p so that would make a new high of 225p.........not bad.

[pka3] 13/2/2014 11:15

Hydrus - You could,nt possibly post the link as to where you saw the share price for Actual Experience could you ? Thanks

[hydrus] 13/2/2014 10:39

Actual experience has quadrupled from issue price this morning. Looks crazy to me so expecting it to come back down quite a lot.

[mirabeau] 13/2/2014 07:39

Interesting float today called Actual Experience PLC.

This is what Mark Reilly, head of physical sciences at IP Group, said:

"We see a lot of exciting new inventions at IP Group - several every week – but Actual Experience has one of the most profound and broadly applicable products I have seen. Its value is ubiquitous. There are very few individuals or businesses of any size in the modern world that could not yield great benefit from the Actual Experience product."

-

[philo124] 12/2/2014 15:17

Bought 3500 yesterday.

[praipus] 12/2/2014 15:08

Wow great post thanks bamboo2

[bamboo2] 12/2/2014 08:30

Some interesting material here,

[anley] 10/2/2014 15:18

There is to much interest from the big City funds for this to go "pop".

When the Fusion deal was being done just think of all those people sitting around the desk writing the offer and placing document......somewhere there would have been the finance director and his book keepers knowing full well what the profits would be otherwise the underwriters would have been frightened off the deal.

That is how the City works - fear and greed - but by the way - they would have said - let the small shareholder have a few and that is what has happened.

Still I like the IPO business and I have taken mine up + more under the excess deal.

All this takes is one or two of the IPO portfolio to take off and the shares will be well past 250/300p........but not for a while!

[p1nkfish] 09/2/2014 14:49

Be amazed if it doesn't go below the offer price.

[skinwalker] 09/2/2014 12:29

Well I've taken up the open offer of 4 odd shares for every 100. Gives me about another 500. Marginal decision though. 165p is about a 6% discount, and I wouldn't be surprised to see IP group shares at, or below that, again.
IP group will buy out Fusion IP, and this should be positive in the long-term.

[anley] 05/2/2014 14:07

Henderson still at it...........using the CFD route.

[broadwood] 03/2/2014 14:31

pka _ not sure what you're saying. Folks can always oversubscribe if they want to - I have. No guarantee you'll get what you request though if the issue is popular.

[pka3] 03/2/2014 14:06

Can anyone explain the following RNS ?

IP Group Plc has recently announced details of an Open Offer.

The terms of the Open Offer allow Shareholders to buy 4.0377 new Shares for every 100 existing Shares held at the close of business on 22nd January 2014 at a cost of 165p. Shareholders may also apply for any number of Shares in excess of their basic entitlement also at a cost of 165p each.

It seems to imply that you can apply to buy as many shares as you like at
165p. What's the reasoning behind this?

[anley] 03/2/2014 10:45

and again in a thin market............they have also been short of a company called MONI and it beggers belief that a huge fund manager should be playing about like this........but no doubt they have their reasons.

[anley] 31/1/2014 12:07

Henderson's have reduced their SHORT CFD position hence a small rise in the share price.

[anley] 24/1/2014 10:51

Well I can come back in at 165p under the placing and hold the shares for a longish time so as to let IP portfolio mature.

That is how I see it...........