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stockGURU

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Facebook files for IPO, valued at between 75 billion and 100 billion dollars

Shayndi Raice
From: The Wall Street Journal
February 02, 20129:07AM

FACEBOOK filed for an initial public offering (IPO) that could value the company at between $US75 billion ($72 billion) to $US100 billion, putting the eight-year-old social network on track to be one of the biggest Web stock market debuts of all time, even as it tries to keep up with sky-high expectations.

In a securities filing, the Menlo Park, California company said it is seeking to raise $US5 billion. That figure is a placeholder and will likely change. Facebook hopes to raise as much as $US10 billion when it goes public in the spring, said people familiar with the matter.

The company revealed it has been growing fast, but the figures were less than some had expected. Facebook said it produced $US3.71 billion in revenue in 2011, up from $US1.97 billion a year earlier. Outside estimates had pegged Facebook's revenue for 2011 at $US4.27 billion.
Click to expand...

More: http://www.theaustralian.com.au/bus...-ipo-raising-5bn/story-fnc36pky-1226260303704

Any thoughts about this high profile IPO?
 
Re: Facebook IPO

It's a trendier bender that's for sure.
Will bring in a bus load of 'new paper' into the markets!!
All the old crocodiles are already loading their bases!!
Remember AMP?
Was on the front of every news paper, every bloody news bulletin in small town AUS.
"Big Australian Icon floats today" "New blue chip we're all so exited!!"
Guess what happened.
The greatest bloody stag you ever saw.
Never recovered after that.
I thinks it's going to start with a PE about 4 or 5 times as high as Google.
It will still do well for those who could get it before it goes, but I would be careful about buying it on the day!!
Who knows Zuckerberg may make it onto the front of VOGUE after all.
"Oh look at that, Greece just defaulted"
 
Re: Facebook IPO

20 times revenue? WTF :) that is extra-ordinary, out of this world, dot.com bubble
sort of price ...

you list me a business on the planet that can command that price?
not even god can do it and Facebook isn't god

Google+ will start eating into its user based.

To give a comparison how crazy this is if you applied the same metric to Apple which has similar earning margin... in 2008 Apple would worth $740B and Today 2160B
what is Apple now? 428B.

I use to compared yahoo to coke

Today I compared Facebook to McDonald's Corporation (similar market cap) let see who out last who
When can I short this stock :)
 
Re: Facebook IPO

This is a good article about recent float performances.

While first day jumps in IPOs make for great TV and everyone is anxiously awaiting their allocation to the 'greatest IPO of all time' this week, we thought it might be useful to look at some of the larger and more recent tech IPOs to get some perspective on how close to the moon we will get when Facebook is released. Looking at eight of the larger and more media-promoted IPOs of the last year or two (GRPN, ZNGA, LNKD, P, YOKU, DANG, AWAY, and FFN) we find, aside from the potential for an average 50% pop from the lucky allocation / untradable IPO price, the man in the street that bought the IPO in the market on Day 1 now faces an average loss of 54% with incredibly only 1 of the 8 names (ZNGA) still holding on to gains (+11%) having managed to rally 15% in the last week.
Click to expand...

http://www.zerohedge.com/news/facebook-ipo-because-time-its-different

There are a lot of things need to go right for Facebook to remain relevant in say 8-10 years time. But there are plenty of things that could go wrong very quickly... privacy / security breach, or just the mere fact that you can only monetise something so much before the users are pi$$ed off.

Very difficult to justify the price imo.
 
Re: Facebook IPO

Facebook is retarded, hopefully the EU being at the forefront of civilization begins clamping down on the privacy problems with it, and it's stock becomes the target of massive amounts of short selling, and the sp will crash...
 
Re: Facebook IPO

I wouldn't say bang on the 18th but in all likelihood it will be before the end of the month.

Anyone remember MySpace?:D
 
Re: Facebook IPO

McLovin said:
I wouldn't say bang on the 18th but in all likelihood it will be before the end of the month.

Anyone remember MySpace?:D
Click to expand...

I bet Rupert does, but would rather forget....:D

CanOz
 
Re: Facebook IPO

According to some press the roadshow was disappointing to investors as it added no new information or party tricks.
Buffets not on board either, even though he engaged with the underhanded hard sell from Zucker for 3 hours!
Buff said Zuck's a smart guy but was not buying at this point.
If I was Zuck I'd be wanting to take a bit off in the opening bounce.
Although that would send the the wrong signal.
It's still going to be the most, chatted, texted and talked about float since the universe began and could well keep things positive for a bit longer confirming technical strength.
 
Re: Facebook IPO

bahaha.......pssst, wanna buy a watch?

Market Pulse Archives

May 14, 2012, 9:20 p.m. EDT
Facebook ups IPO price range: WSJ

By Sarah Turner

:karaoke:

SYDNEY (MarketWatch) -- Facebook Inc. [s fb] has raised the price range of its initial public offering to between $34 and $38 a share, The Wall Street Journal reported late Monday, citing a person familiar with the matter. The price range was initially set at $28 to $35 a share, valuing the firm at $77 billion to $96 billion, according to the report.
Click to expand...

http://www.marketwatch.com/story/facebook-ups-ipo-price-range-wsj-2012-05-14
 
Re: Facebook IPO

Yeah i just heard that on the Bloomy too, had a chuckle! I wonder how many poor mom and pops will get sucked into that one?

A rough time for an IPO, why on earth they didn't do it back after Christmas i'll never know.

CanOz
 
Re: Facebook IPO

CanOz said:
Yeah i just heard that on the Bloomy too, had a chuckle! I wonder how many poor mom and pops will get sucked into that one?

A rough time for an IPO, why on earth they didn't do it back after Christmas i'll never know.

CanOz
Click to expand...

0 cause not even instos can get any stock :(

On a slightly related question, has anyone ever deliberately clicked on a facebook ad? I know I havent!
 
Re: Facebook IPO

notting said:
Buffets not on board either, even though he engaged with the underhanded hard sell from Zucker for 3 hours!
Buff said Zuck's a smart guy but was not buying at this point.
Click to expand...

the markets still have more upside.......would that have been the ultimate in topping signals......probably.......but who cares.......hehe
 
Re: Facebook IPO

i think FB is a top advertising space.....that's all......that's it, a basic marketing tool

and when the wombles become tired of it like they have with myspace it's going to be worth a lot less hyperbole than it is now......some think the stock release is a major historical event......maybe they thought the same about AOL/time warner.....;)

http://www.forbes.com/sites/tomwats...more-important-than-all-other-tech-ipos-ever/
 
Re: Facebook IPO

Zuckerberg puts it: “We’re going public for our employees and our investors. We made a commitment to them when we gave them equity that we’d work hard to make it worth a lot and make it liquid, and this IPO is fulfilling our commitment.”
Click to expand...

That is a great point.
It also kind of reads, we know this is bull**** but we have to do it.

When it hits a value of 200Billion I'd be selling because it's probably worth 1.
 
Re: Facebook IPO

notting said:
That is a great point.
It also kind of reads, we know this is bull**** but we have to do it.

When it hits a value of 200Billion I'd be selling because it's probably worth 1.
Click to expand...

The thing with guys like Zuckerberg is that they're more about building "cool" things. They're generally not overly interested in the money. Unfortunately, cool does not always go hand in hand with profitable.
 

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