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Flotation of Moneysupermarket.com
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Nows the point I can say I told you so
But seriously its a fairly competitive industry and investor confidence has been low in i-stock since the bubble burst so anyone expecting to make gains on the initial mad dash will be fairly disappointed. Now everyones buying up property the next big bubble... you cant lose on property.0 -
does anyone know the allocations of the float ?0
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I've just been reading an email from www.thisismoney.com & one of today's top stories is titled ''Moneysupermarkets £840m Flotation Flop''. The shares have dived from 170p to 157p.0
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it recovered slightly in the end, which is quite an achivement considering that the FTSE lost 3.15%. It could have been worse.0
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looks like the citys sellin short0
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FTSE Down 200. Happy DaysHad £80,000 in Savings - All GONE!!! BYE BYE:A Single, 27, Aspie, Gooner :A0
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Looks like the KKR grab on Boots was the high-water-mark for debt-based shenanigans. No-one wants to touch 'toxic waste' structured debt, LBOs and a business with an income stream based on banner adverts.
Hope peeps got out in time! Everything is an bursting asset bubble now...of course there will be bargains at the bottom. If there's a bottom, now we're past peak oil, "the bottom" is living off the land, with horses pulling the plow.
Let's listen to some hot jazz, and party like it's 1929!0 -
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