Twitter was launched today on NYSE index for an initial price of $26, valuing the social network at $18 billion. According to Reuters, the IPO (the mechanism of introduction) was oversubscribed 30 x. The shares will trade at $48. Good deal for GS and JP Morgan which were the issuing banks. Good deal for a company that also has never won a penny! Its turnover has not exceeded ½ billion dollars this year and Twitter has already recorded a loss of 134 million! Nowever, to his credit, however, the acquisition of a startup specializing in mobile advertising: up to $300 million benefit. The entire benefits expected by Twitter this year. Finally, Twitter does much, much better than the Facebook s IPO who had lost $80 billion just after its IPO. But if the SEC, the financial police of NYSE has evaluated Twitter at $14 billion, the successful introduction oversubscribed allows JP Morgan and GS a gain of over 70 %! Excluding commissions... Dream! Dream! Dream! Everything is ok Madame la Marquise. Theres no cassandre in Wall Street or in the City who can imagine a scenario alla Facebook. Yet the Nasdaq weighed as much as global earth GDP before the blasting of the Internet bubble. Wait and see.
Posted on: Thu, 07 Nov 2013 20:09:59 +0000
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