Let’s take a look at the upcoming IPO’s to see if we can find anything worthwhile.
Before we start, a quick discussion about IPO strategy in general.
Getting on IPO’s early is a truly awful process. You get a random time window of a couple of hours where they may release and if you really want to get them for the IPO price you have to sit there constantly refreshing your page the whole time.
It’s frustrating. And then when it does happen, you will be beaten to it by bots and possibly by other people who were just that bit quicker. If you are 20-30 seconds late? Probably too late.
So, personally, I just don’t bother with all that. On the upside, if you do pull it off, you can get a bargain.
However, it’s a snake pit. Most people have no idea whether the IPOs are any good or not and are simply trying to flip them. So if you do miss the initial rise do not chase into it unless you are certain there is something worth buying and the price is still right (AND you can stomach a drop to flippers).
Personally, unless I think there is a real gem I let the price settle for a day and then have a look at it then.
And one final thing. Most IPOs are long shots these days. If they are established players they are generally on the Index already.
Even a “good” one is probably a long way from breaking through and the risk of them failing is usually high even for the best ones.
You either need to be flipping them or have iron patience. They are high risk trades and that is why you have to be getting them at rock bottom prices.
That said, let’s see if we can find any talent!
Friday 8th Feb IPOs
Click here for the list.
It’s late at time of writing and I am keen to push this article out so people hopefully catch it before the morning. Therefore, I am going to pick the best of the bunch and leave out the rest.
As IPO’s go, this is a good start. 19 year old Swedish attacking midfielder for Atalanta. I have plenty of Atalanta U19 data on him, and he has at least made his substitute debut for the first team in January. He did pretty well.
The stats are encouraging. He has a favourable playing position, some goal threat and consistently good distribution numbers. I’d be happy to get him at IPO price of £1 or close to it.
Spain youth international, Manchester City. Centre back. Has played 3 senior games in the Carabao Cup. His passing stands out which we need for fashionable high baseline centre backs who play the ball out. And at City you would expect him to be trained in the right mould. Again, pretty good.
Big starting price and I think that is because he plays for Lyon. He has made a debut for them in the French Cup in January and he did ok. Too deep though, not enough threat. Decent passing but not exceptional. Not awful but I’m not excited especially as one of the highest priced on the list.
Name reminds me of Haribo, which is a plus. Decent playing position at left attacking midfield, some threat and good passing stats for his level in League One.
If you can find any evidence of a move to a bigger club, maybe. But I don’t see it.