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Airbnb IPO (ABNB)

  • Last Updated:
  • Dec 11th, 2020 6:48 pm
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[OP]
Sr. Member
Jan 25, 2015
724 posts
379 upvotes
Toronto, ON

Airbnb IPO (ABNB)

So is anyone planning to buy the IPO???

Expected to trade in the range of $44 to $50 USD which is roughly a market evaluation of 30 billion with expected revenue of 3.3 billion which is pretty steep. Might start with a small position then add more IF the dust settles. $40 and under would be nice but with how hot IPOs have been nowadays that may be tough to get.
44 replies
Deal Addict
Mar 20, 2017
1325 posts
1111 upvotes
Happening on Wednesday, December 9th, gonna be interesting.
Fair to say all other events in real estate last months are peanuts compared to this one.
Deal Addict
Mar 2, 2017
1396 posts
2547 upvotes
Toronto
AirBnb is here to stay, I hate being the peasant retail investor that tries to get scraps post IPO, but I am pretty tempted to buy in after the initial sell off.
Realtor, Investor, CPA
Deal Guru
Feb 22, 2011
10134 posts
12542 upvotes
Toronto
Government is taxing it now, they basically legitimized it as a business in Canada. It's not going anywhere.
Deal Addict
Mar 20, 2017
1325 posts
1111 upvotes
mazerbeaner wrote: Government is taxing it now, they basically legitimized it as a business in Canada. It's not going anywhere.
AirBnb is much bigger than just relation with Canadian government.
It is a global company. Even complete ban in Canada doesn't matter much on a global scale.
Deal Guru
Feb 22, 2011
10134 posts
12542 upvotes
Toronto
GalvToronto wrote: AirBnb is much bigger than just relation with Canadian government.
It is a global company. Even complete ban in Canada doesn't matter much on a global scale.
Yea but this is a Canadian real estate forum so conversation would generally be about Canada and real estate.
Deal Guru
User avatar
Jun 1, 2006
12171 posts
15323 upvotes
https://www.barrons.com/articles/marvel ... 1607033713

Airbnb on Monday increased the price range for its highly anticipated initial public offering, just days before shares of the home-sharing platform are scheduled to begin trading.

The higher price range indicates strong demand for the IPO. Airbnb now plans to sell 51,551,723 class A shares at $56 to $60 a share, according to a revised prospectus. This compares with the 51,914,894 shares at $44 to $50 each that Airbnb filed to offer last week. At the top of the expected range, the San Francisco-based company could raise as much as $3.09 billion.
Have a nice day!


Deal Addict
Dec 4, 2011
1608 posts
1063 upvotes
Montreal
Would love to own it but this thing is going to open 80-90

Going to try to get it on the inevitable dip but may be hard on this one. May dip my toes in at the start and build from there
Deal Addict
User avatar
May 19, 2005
3990 posts
941 upvotes
Markham
I’ll buy when insiders cash out at 40-ish.
Some people just don't get that online forum posts shouldn't always be taken seriously.
Deal Fanatic
Apr 25, 2006
6437 posts
1343 upvotes
The best part of their business model is that they use OTHER people's assets (homes) to generate the income. Low risk revenue stream, unlimited upside, big brand name and popular company.

I am sure their YOY revenue has only gone up besides the covid period and can be considered a growth company.

Sure it's expensive even when it opens. Eventually, its going to be higher than IPO price eventually - may be month, years, or just mere weeks away.

Airbnb is disrupting a very mature hotel industry with, you guessed it, technology! Technology everyone has access to via apps and phones which are unreplaceable.

Edit: https://www.businessofapps.com/data/airbnb-statistics/

I just hope they don't trade like Uber or Lyft. They have very similar biz models.

They also have some debt: https://www.reuters.com/article/us-airb ... SKCN21W37H
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius
Deal Addict
Dec 4, 2011
1608 posts
1063 upvotes
Montreal
gogoblender wrote: Is this on sale for Canadians tomorrow?
Just like any other stock that you can buy on the NASDAQ every day of the year. Except you will have to pay to play if you want to buy tomorrow. Buyer beware unless you know what you are doing buying an IPO on the first day.
Deal Addict
User avatar
Oct 7, 2012
1565 posts
352 upvotes
Montreal
I tried to buy beyond meat on first day but questrade wouldnt let me
next day I got bid successfully in the morning
Deal Addict
Dec 4, 2011
1608 posts
1063 upvotes
Montreal
It works the same in Canada and the US, the IPO price for ABNB will be set later today and everyone can buy shares tomorrow the 10th. Just like everyone can buy DoorDash today. There is no separate date for Canadians, how would that even work?
Deal Addict
Dec 4, 2011
1608 posts
1063 upvotes
Montreal
Yeah I am going to sit this one out kids, will go in at some point but if DASH is any indication it is going to be sky high tomorrow! Good luck out there!
Jr. Member
User avatar
Apr 12, 2019
123 posts
97 upvotes
They just set their lovely price at $ 68, it will be impossible to enter at $68 first thing tomorrow morning, if you lucky maybe at $ 100! Price offering is tonight between 7:30 to 12

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