8 things you need to know about Ferrari’s ipo
Posted on 13-10-2015 to 10:55 by sir_smokalot – 14 Comments”
After countless uitstelmomentjes going to Ferrari soon finally made it to the fair. These are the most important facts that you should know.
‘I own a Ferrari’ is a phrase that through the years with constant success as benenspreider has worked. People that a hat or a keychain bought were already set, but ‘I’m a Ferrari shareholder does ladies underwear bras may be faster to hit the ground than a cheap cap with a prancing horse on your crown. Soon every douchebag or a perfect gentleman this set, because the Initial Public Offering (IPO) is there to come. Ferrari goes to the (American) stock exchange.
1. Introductory price: 48-52 USD per share
The lanceerprijs will be around 50 Us dollars. There are a total of 17.2 million shares available to be asked, so if everyone is clean register means 800-900 million USD of revenue for the Serg. You can still beautiful 1 new Alpha to develop.
2. Overvalued, according to analysts
This introductory price is the share, according to analysts, the price. The price/earnings ratio is 30, which has 16 general and reasonable is seen. But yes, for a Ferrari you should be just thick pay.
3. Ticker Symbol ‘RACE’
Tesla, TSLA, Ford is just ‘F’, and Ferrari is RACING. Question is not how they come, but the undersigned must, at the sight of Ferrari’s ticker now always think of Rowan Atkinsons character created from the movie Rat Race.
4. Dutch NV
The vehicle behind the ipo is registered in the Netherlands. Not that there is even a drop of Dutch blood in the group, this holding Company is purely for financial reasons established. In addition, the Dutch law, existing shareholders stronger voting rights to be acquired.
5. It makes Enzo’s son in 1 blow billionaire
Piero Ferrari, the 70-year-old son of Enzo, owns a tenth of a Ferrari, and can become a ipo billionaire.
6. Rating: 9 billion euros
The total valuation of Ferrari will be approximately 9 billion euros, approximately the same as previously estimated. Only 9% of the shares going to the buying public. FCA now has 90% ownership, Piero Ferrari and the other 10%. After the IPO distributes the FCA 80% of Ferrari to its own shareholders, does Piero Ferrari 10% and the last 9% for the traders.
7. Quarter of all shares for Lapo and co.
The Agnelli clan (o.a. John and Lapo Elkann), united in the investment company Exor Spa, gets roughly a quarter (24%) of all the shares in the hands. Also acquire the Agnelli’s 30% of voting rights (see point 4).
8. Probably next week, first day of trading
An exact date is still not announced, but insiders gamble on a start of trading on the NYSE on October 21.