I put in for 100. I am not surprised it hasn't closed. If they are able to get this thing built it should eventually become a nice little income producer. I am not convinced it will ever be built and so to me this offering is a bit speculative.
The [New Issues/IPO/Insider Buy] thread - ENB $44.7, PPL $42.85
- Last Updated:
- Mar 21st, 2024 11:37 am
Tags:
- SCORE+4
- cdgnfr
- Jr. Member
- Jan 13, 2008
- 110 posts
- 57 upvotes
- rnakra
- Sr. Member
- Feb 17, 2009
- 616 posts
- 31 upvotes
- Brockville
How did you put in for 100 I thought min was 300?
- cdgnfr
- Jr. Member
- Jan 13, 2008
- 110 posts
- 57 upvotes
Subject: Current Offerings Request
Company: Kinder Morgan Canada Limited
Category: Restricted Voting Share
Price/Unit: 22.00
Settlement Date: 2017-05-29
From Account: XXXXXXXXX
Quantity: 100 units
Transaction Cost: 2,200.00 CAD
This was the confirmation of my request at Virtual Brokers. They have a 100 unit minimum on anything over $1 per share.
- PunPryde
- Deal Addict
- Jul 28, 2009
- 1370 posts
- 381 upvotes
Kinder Morgan Canada is too risky with the minority govt in BC for me.
- jerryhung [OP]
- Deal Expert
- Sep 19, 2004
- 26763 posts
- 9333 upvotes
- where I belong
SNAP +8%, wow, quite a comeback
https://ca.investing.com/equities/snap- ... rical-data
https://ca.investing.com/equities/snap- ... rical-data
Date Price Open High Low Vol. Change %
May 15, 2017 20.64 19.55 20.74 19.50 37.13M 7.84%
May 12, 2017 19.14 18.44 19.48 18.16 68.97M 6.04%
May 11, 2017 18.05 17.96 18.90 17.59 131.86M -21.45%
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- UltrasViola
- Newbie
- Oct 25, 2009
- 84 posts
- 14 upvotes
- Montreal
toys anyone ?
Spin Master Corp.
Short Description: Secondary Offering of Common Shares via Bought Deal
Price: $40.75 CDN per share.
Settlement: On or about May 24, 2017.
Spin Master Corp.
Short Description: Secondary Offering of Common Shares via Bought Deal
Price: $40.75 CDN per share.
Settlement: On or about May 24, 2017.
- areyoukiddingme2k13
- Deal Addict
- Jan 14, 2013
- 2216 posts
- 2059 upvotes
- Toronto
Yikes. That's a terrible discount. Today's daily low went under the offering price.
- PunPryde
- Deal Addict
- Jul 28, 2009
- 1370 posts
- 381 upvotes
Pass on Spin Master. Would buy it if the discount was better.
- rnakra
- Sr. Member
- Feb 17, 2009
- 616 posts
- 31 upvotes
- Brockville
Kinder morgan is still open - I wonder if this is another one that gets cancelled
- deal_with_singh
- Deal Expert
- Feb 11, 2009
- 20056 posts
- 9837 upvotes
- Toronto
It's possible but Spin master for example was open for a full month, and didn't close till ipo day...IPOd at $18, shot up to $21 on opening day, and now look at it hah
Realtor (Investment Properties) - CPA, CA
- sumrandomguy
- Deal Addict
- Mar 12, 2005
- 2107 posts
- 411 upvotes
Just received an email for another offering of Hydro One shares at $22.60. Might request some to avg down from my initial $23.25 purchase last round
- jerryhung [OP]
- Deal Expert
- Sep 19, 2004
- 26763 posts
- 9333 upvotes
- where I belong
What brokerage is this?sumrandomguy wrote: ↑ Just received an email for another offering of Hydro One shares at $22.60. Might request some to avg down from my initial $23.25 purchase last round
Nothing from TD on my end
But wow... $22.6, they really couldn't find any buyer eh. What a joke
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- sumrandomguy
- Deal Addict
- Mar 12, 2005
- 2107 posts
- 411 upvotes
I received the email from Scotia iTrade. With so many shares outstanding, I'm sure the other brokerages will be sending emails shortly
- charliebrown
- Deal Fanatic
- Dec 21, 2005
- 5865 posts
- 1672 upvotes
- London, ON
- charliebrown
- Deal Fanatic
- Dec 21, 2005
- 5865 posts
- 1672 upvotes
- London, ON
Laurentian Bank using shares to fund a purchase
Subscription receipts @ 51.70
(Caisse buying $25 mil worth)
http://m.marketwired.com/press-release/ ... 217439.htm
Subscription receipts @ 51.70
(Caisse buying $25 mil worth)
http://m.marketwired.com/press-release/ ... 217439.htm
💡😃😂😄
- VonMatterhorn
- Newbie
- Feb 3, 2012
- 90 posts
- 8 upvotes
- MacLaren's
Anyone jumping on Medreleaf IPO? Approx. price/share: $9.50 - $10.50.
- duwangren
- Jr. Member
- Aug 17, 2016
- 173 posts
- 31 upvotes
anyone on this? I am kind of interested, but not sure if it is a good deal.charliebrown wrote: ↑ Laurentian Bank using shares to fund a purchase
Subscription receipts @ 51.70
(Caisse buying $25 mil worth)
http://m.marketwired.com/press-release/ ... 217439.htm
- MrMom
- Deal Guru
- Aug 17, 2008
- 10990 posts
- 13540 upvotes
Hydro One article from Globe.
Investment banks that underwrote Hydro One Ltd.'s $2.8-billion equity sale are taking a second stab at selling a large chunk of the shares after investors balked at the initial deal.
Last week, Ontario Premier Kathleen Wynne's Liberal government announced the bought-deal offering, selling 120 million shares at $23.25 apiece and reducing its stake in the Crown utility to 49.9 per cent.
Because of the deal terms, the province banked the cash as soon as it launched. However, weak investor demand for the issue left underwriters holding nearly half of the shares on offer.
On Thursday, investment banks led by Royal Bank of Canada and Canadian Imperial Bank of Commerce priced the remaining shares, amounting to 42 per cent of the total deal, at $22.60 each, according to people familiar with the situation.
Assuming the sale goes well, it would come as a big relief for non-bank dealers in the syndicate, many of which lack the scale to carry such a large liability of unsold shares. However, it spells smaller fees for all investment banks involved.
Tepid demand for the original sale, which closed on Wednesday, reflected investor fatigue with Hydro One after the utility's initial public offering in late 2015 and a subsequent share issue the following spring.
It also contrasted with recent billion-dollar deals that sold quickly in the oil patch. TransCanada Corp. and Cenovus Energy Inc. are among companies that have issued shares to fund major acquisitions.
Ms. Wynne's debt-saddled government has been paring its stake in the Crown utility to raise cash ahead of an election next year, with proceeds earmarked for transit and infrastructure. The sales have so far netted the province $9-billion.
Investment banks that underwrote Hydro One Ltd.'s $2.8-billion equity sale are taking a second stab at selling a large chunk of the shares after investors balked at the initial deal.
Last week, Ontario Premier Kathleen Wynne's Liberal government announced the bought-deal offering, selling 120 million shares at $23.25 apiece and reducing its stake in the Crown utility to 49.9 per cent.
Because of the deal terms, the province banked the cash as soon as it launched. However, weak investor demand for the issue left underwriters holding nearly half of the shares on offer.
On Thursday, investment banks led by Royal Bank of Canada and Canadian Imperial Bank of Commerce priced the remaining shares, amounting to 42 per cent of the total deal, at $22.60 each, according to people familiar with the situation.
Assuming the sale goes well, it would come as a big relief for non-bank dealers in the syndicate, many of which lack the scale to carry such a large liability of unsold shares. However, it spells smaller fees for all investment banks involved.
Tepid demand for the original sale, which closed on Wednesday, reflected investor fatigue with Hydro One after the utility's initial public offering in late 2015 and a subsequent share issue the following spring.
It also contrasted with recent billion-dollar deals that sold quickly in the oil patch. TransCanada Corp. and Cenovus Energy Inc. are among companies that have issued shares to fund major acquisitions.
Ms. Wynne's debt-saddled government has been paring its stake in the Crown utility to raise cash ahead of an election next year, with proceeds earmarked for transit and infrastructure. The sales have so far netted the province $9-billion.
Answer not a fool according to his folly, lest thou also be like unto him = Never argue with an idiot, they'll only bring you down to their level & beat you with experience
- deal_with_singh
- Deal Expert
- Feb 11, 2009
- 20056 posts
- 9837 upvotes
- Toronto
No such offer from tdVonMatterhorn wrote: ↑ Anyone jumping on Medreleaf IPO? Approx. price/share: $9.50 - $10.50.
Realtor (Investment Properties) - CPA, CA
- jerryhung [OP]
- Deal Expert
- Sep 19, 2004
- 26763 posts
- 9333 upvotes
- where I belong
Closed in TDcharliebrown wrote: ↑ Laurentian Bank using shares to fund a purchase
Subscription receipts @ 51.70
(Caisse buying $25 mil worth)
http://m.marketwired.com/press-release/ ... 217439.htm
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