Maxus-MIFA9 Supersonic August 14, 2012 Share August 14, 2012 (edited) ESPN report : Man Utd share value 'could plunge' August 13, 2012 Manchester United shares are worth less than a quarter of the amount the Glazers had hoped to raise, according a leading business company. PrivCo, an independent financial analyst, said United's stock price could plummet further - and gave the shares a value that would mean the club is worth less now than when the Glazers bought it in 2005. The Glazers floated 10% of shares in the club on the New York Stock Exchange on Friday, looking for a maximum price of $20 a share. United's current share price is $14, but millions of shares have been bought by the seven banks underwriting the IPO, and PrivCo calculated their true value is just $4.97 each - giving United a value of around $800 million rather than the $3.3 billion the American family had wanted. The Glazers paid just under Edited August 14, 2012 by Picnic06 ↡ Advertisement Link to post Share on other sites More sharing options...
Joseph22 Turbocharged August 14, 2012 Share August 14, 2012 ESPN report : Man Utd share value 'could plunge' August 13, 2012 Manchester United shares are worth less than a quarter of the amount the Glazers had hoped to raise, according a leading business company. PrivCo, an independent financial analyst, said United's stock price could plummet further - and gave the shares a value that would mean the club is worth less now than when the Glazers bought it in 2005. The Glazers floated 10% of shares in the club on the New York Stock Exchange on Friday, looking for a maximum price of $20 a share. United's current share price is $14, but millions of shares have been bought by the seven banks underwriting the IPO, and PrivCo calculated their true value is just $4.97 each - giving United a value of around $800 million rather than the $3.3 billion the American family had wanted. The Glazers paid just under Link to post Share on other sites More sharing options...
Maxus-MIFA9 Supersonic August 14, 2012 Author Share August 14, 2012 maybe because of their government stupid policy. last time work for a Ang mo company. material must died died buy from their US supplier. the most stupid thing is, the US supplier buy stock from Europe and china then send to us. Same goes with the American brands jeans. Produce in Thailand or China, ship back to US and re-export ... Link to post Share on other sites More sharing options...
Maxus-MIFA9 Supersonic August 14, 2012 Author Share August 14, 2012 Whoever bought at US$14/- is now as it plummet to US$4.97 ... Link to post Share on other sites More sharing options...
Joseph22 Turbocharged August 14, 2012 Share August 14, 2012 Whoever bought at US$14/- is now as it plummet to US$4.97 ... Haiz... sad case of soccer. Link to post Share on other sites More sharing options...
Tonyhawk 1st Gear August 14, 2012 Share August 14, 2012 screwed by americans. leverage buy out, list, and profit. capitalism at its finest. Link to post Share on other sites More sharing options...
Old-driver 5th Gear August 14, 2012 Share August 14, 2012 Whoever bought at US$14/- is now as it plummet to US$4.97 ... No lah, it is trading at 14.15 now. US$4.97 is the valuation and the current price is being well, supported by the under-writers FB even worse... launched at US$38 and now US$20 Link to post Share on other sites More sharing options...
Little_prince Supersonic August 14, 2012 Share August 14, 2012 No lah, it is trading at 14.15 now. US$4.97 is the valuation and the current price is being well, supported by the under-writers FB even worse... launched at US$38 and now US$20 Underwriter will only support up to a certain level... Fall in price is an eventuality ... The A&B shares nonsense is bullsheet... The fact that sgx rejected it means got big underlying issues and it should send alarm bells ringing Link to post Share on other sites More sharing options...
WolfT Neutral Newbie August 14, 2012 Share August 14, 2012 Whoever bought at US$14/- is now as it plummet to US$4.97 ... Still at $14... underwriter have to support at this price, have not drop to 4.97 YET! Link to post Share on other sites More sharing options...
Jamie1982 Neutral Newbie August 14, 2012 Share August 14, 2012 after many years i become sceptical about these so call banks and analysts remember M L who sold toxic products, collaborated with Paulson behind everybody, ML was shorting the product hence subprime crash i have been observing on many occasion big banks recommend sell but i notice on the terminal - they are accumulating then they tell the public to buy they were quietly selling secretly - black trade so believe in yourelf and read with a pinch of salt Link to post Share on other sites More sharing options...
RadX Moderator August 14, 2012 Share August 14, 2012 and by thickness of all skins, you still come back here.....never learn do you. Even tho you are unwelcomed by all accounts Link to post Share on other sites More sharing options...
Old-driver 5th Gear August 14, 2012 Share August 14, 2012 and by thickness of all skins, you still come back here.....never learn do you. Even tho you are unwelcomed by all accounts SCB?? Link to post Share on other sites More sharing options...
RadX Moderator August 14, 2012 Share August 14, 2012 SCB?? who else...the damn gayfark got nothing to do and thus only has a life online......pattern sure chut soon. Well, life will be short. Link to post Share on other sites More sharing options...
Jamie1982 Neutral Newbie August 14, 2012 Share August 14, 2012 the secret for good quality thick skin is to apply the right cream to the right area ... oh oh the secret is out Link to post Share on other sites More sharing options...
Jamie1982 Neutral Newbie August 14, 2012 Share August 14, 2012 who else...the damn gayfark got nothing to do and thus only has a life online......pattern sure chut soon. Well, life will be short. look at Elton John, Micheal and who else let me enlighten you damn - how can be - can surf in internet cannot be damn right - already repented as adviced by founding father the world is getting smaller and more connected - so online now no big deal leh pattern - it is call unique life is short, tell those guys and gals on Thursday Link to post Share on other sites More sharing options...
Mazdaowner Moderator August 14, 2012 Share August 14, 2012 who else...the damn gayfark got nothing to do and thus only has a life online......pattern sure chut soon. Well, life will be short. Wilson is liddat one lah. Link to post Share on other sites More sharing options...
Celicar Turbocharged August 14, 2012 Share August 14, 2012 Serve them right. It could be different if they had listed them at SGX. With the number of ManU fans in Asia, it could easily got what they want but they pull out last minutes and listes it at NYX .... Soccer is not North America top sport and why they list it there Maybe is not that they dun wan to list, but cannot list on terms that they want. Link to post Share on other sites More sharing options...
RadX Moderator August 14, 2012 Share August 14, 2012 Wilson is liddat one lah. knn....u dun tok liddat..i use Wilson BALLS n racket hor <_< ↡ Advertisement Link to post Share on other sites More sharing options...
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