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The [New Issues/IPO] thread - BNS $76.15

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  • Jul 13th, 2018 8:56 am
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Deal Addict
Mar 27, 2003
1063 posts
193 upvotes
Vancouver
jerryhung wrote:
May 17th, 2016 7:44 pm
MOST new/secondary issues will bring the prices to the lower price, or even lower as expected
Just like recent H's secondary, $23.65 ... market price went to $23.2x next day I think .... but it's back to near $24 now, so not too bad (I got 100% allocation on that, ouch)
Skip a lot of new offerings for these reasons alone. A lot of times you can buy the shares for around the same price in the open market. If it's something I intend to flip, I'm ok with paying a slightly higher price since offerings take time to close and I can get the number of shares I want.

Hydro One was one of those perfect storm situations. As soon as it hit below the offering price, I just started accumulating shares. It's a good long term hold.
Deal Addict
Jul 28, 2009
1331 posts
272 upvotes
rapashoo wrote:
May 18th, 2016 3:55 pm
5/18
Canadian Energy Services & Techonlogy Corp. - CEU $3.00 CAD
3.5% Discount
1% Dividend Yield
Pass
Sr. Member
Sep 22, 2005
539 posts
57 upvotes
BC
AQN is a quick turnaround with 3% profit.
Deal Addict
Jul 28, 2009
1331 posts
272 upvotes
AQN looking great, i'm going to hold onto it in my TFSA.
[OP]
Deal Expert
User avatar
Sep 19, 2004
21536 posts
3736 upvotes
Waterloo
5/24
GEI, $15.45 (vs ~$16 today, so about 3-4% discount). GEI is halted now


Short Description: Treasury Offering of Common Shares via Bought Deal
Price: $15.45 CDN per share.
Settlement: On or about June 2, 2016.

BRIEF-Gibsons Energy announces $200 mln equity financing and $100 mln debenture offering | Reuters
http://www.reuters.com/article/idUSASC08R3P

4:09pm - already closed in TDDI, that's SUPER FAST
Which Credit Cards to sign up? >> Jerry's List of Credit Cards with $200+ Welcome bonus/Aeroplan & AMEX Churning FAQ
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Deal Addict
Mar 22, 2010
1738 posts
266 upvotes
jerryhung wrote:
May 24th, 2016 3:46 pm
5/24
GEI, $15.45 (vs ~$16 today, so about 3-4% discount). GEI is halted now


Short Description: Treasury Offering of Common Shares via Bought Deal
Price: $15.45 CDN per share.
Settlement: On or about June 2, 2016.

BRIEF-Gibsons Energy announces $200 mln equity financing and $100 mln debenture offering | Reuters
http://www.reuters.com/article/idUSASC08R3P
doesn't even come up in my RBC DI...
Deal Addict
Mar 27, 2003
1063 posts
193 upvotes
Vancouver
^ Best of luck.

8%+ Dividend :lol:
Member
User avatar
Feb 23, 2004
371 posts
18 upvotes
It says Status: Trading Halted on this security. Does that mean I cannot buy it until June 2, 2016.?
Sr. Member
Sep 22, 2005
539 posts
57 upvotes
BC
you click trading/ new issues/ but it's already closed, no longer available to buy
redflagdealboy1 wrote:
May 24th, 2016 7:46 pm
It says Status: Trading Halted on this security. Does that mean I cannot buy it until June 2, 2016.?
Sr. Member
Sep 22, 2005
539 posts
57 upvotes
BC
only 5 cents above offering price, 76% fill rate. You are lucky you missed it!
redflagdealboy1 wrote:
May 24th, 2016 8:13 pm
DAmn! i missed it again then.

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