Costamare IPO: Review Analysis & Details of Costamare Shipping IPO

Another IPO is set to hit the primary stock markets pretty soon. The IPO belongs to Costamare Shipping Company, which is a shipping company owned by Konstantakopoulos family of Greece and it has now come out with the Initial Public Offering or IPO.
In this article, we will look at the Review, Analysis and Details of the Costamare Shipping IPO and try to do the Review and analysis of Costamare Shipping IPO.

Costamare Shipping IPO: Review Analysis & Details

Some basic details first about the Costamare IPO, which are available as of now:

- The size of Costamare IPO is expected to be between around 245 million USD to 260 million USD.

What is the issue size of the Costamare IPO?
Around between 245 million USD to 260 million USD is the size of the IPO.
What is the price band of Costamare IPO?
It is reported that the recommended price band for Costamare IPO is $15 to $17 per share. Final price to be decided through 100% book building process.

How many shares will be sold in the Costamare IPO?
The total no. of shares to be sold through this IPO is 13.3 million shares.

What is the trading symbol & exchange for the Costamare IPO
No info about that

What are the IPO dates for Costamare IPO
The IPO dates have not yet been finalised

Any ratings given to Costamare IPO?
No information about that.

What are the analysts recommendations and business results for Costamare IPO?
Costamare is run and owned by a Greek business family. This company has 41 ships in its fleet. However, this no. is smaller to what it used to have.
It was having 53 ships in 2008, got hit by the global slowdown and had to cut the fleet size to 41.
Its major business is to lease out ships to big shipping companies for e.g. A.P. Moller-Maersk.
The money collected through this IPO will be used for corporate expenses and increasing the fleet size by buying more ships.
Although 13.3 million shares are offered on sale, the family owning this company is not selling its 46.5 million shares, so they will remain the majority holder. The underwriters of the issues - Morgan Stanley and BofA Merrill Lynch - are given the option to buy 2 million additional shares in case the demand rises.

The company is expecting to pay 25 cent of quarterly dividend post the IPO, which is a good sign, but might indicate that the price of the IPO will be relatively higher to account for this 25 cent payback in the form of dividend

Coal India IPO: Expect 30% Returns on listing Day: Market Experts

Yesterday, we had given the details and review about the much awaited Coal India IPO in our article Coal India IPO: Review Analysis & Details. Today, we continue on the same topic covering the details about expected returns from the Coal India IPO as per the variou market voices.
In general, the market mood is expecting the returns on Coal India IPO to be around 30% that too on the upper side of the price band on the listing day
Many experts and analysts believe that the offered price band of Coal India IPO which is set at 225 to 245 Rs. per share is lower. Actual valuation might take it to Rs. 265 to Rs. 330 levels and that is what the various market analysts are expecting to be the traded price on the day of listing for Coal India IPO.
majority of the brokerage houses in India and abroad are recommending that investors should subscribe to the Coal India IPO at the higher price band of Rs. 245 and can expect to see a listing price anywhere from Rs. 265 to Rs. 330. This might look a bit wide range, but that is what the various market opinions are. However, all of them are claiming that this will surely be a premium listing.
So short term IPO traders who want to make a quick buck in the market can expect some profits on the listing days.

For the long term investors also, the situation is expeted to be good.
India is a fast growing market and Coal India holds the monopoly in Indian coal market. Analysts believe that more technological advances will help Coal India to get more profits in long term, so it is recommended even for a long term hold.

There are many good points about this Coal India IPO
- This is the first IPO in India which has received 5 out of 5 ratings from all three rating agencies - CARE, ICRA and other

- This is the first IPO in India which will have the listed company direct entry into Nifty 50 and Sensex 30 indices

- This is the first IPO for which there will be a direct entry into the derivatives (futures & options) segment
Investors should take the call as per their risk appetite. These are expert opinions which are subject to market risks

Coal India IPO: Review Analysis & Details

Another IPO is set to hit the primary stock markets pretty soon. The IPO belongs to Coal India Limited Company, which is a thermal power generation company promoted by the government of India and it has now come out with the Initial Public Offering or IPO.
In this article, we will look at the Review, Analysis and Details of the Coal India IPO and try to do the Review and analysis of Coal India IPO.

Coal India IPO: Review Analysis & Details

Some basic details first about the Coal India IPO, which are available as of now:

- The size of Coal India IPO is expected to be between Rs 140,000 crore and Rs 153,000 crore.

- This is the first IPO in India which has received 5 out of 5 ratings from all three rating agencies - CARE, ICRA and other

- This is the first IPO in India which will have the listed company direct entry into Nifty 50 and Sensex 30 indices

- This is the first IPO for which there will be a direct entry into the derivatives (futures & options) segment

What is the issue size of the Coal India IPO?
Around between Rs 140,000 crore and Rs 153,000 crore is the size of the IPO. In USD it will be around $32-34 billion

What is the price band of Coal India IPO?
The price band details are precisely not available at the moment - However, it is known that the recommended price band for Coal India IPO is Rs. 220 to Rs. 240 per share. Final price to be decided through 100% book building process.

How many shares will be sold in the Coal India IPO?
The total no. of shares to be sold through this IPO is 632 million shares.

What is the trading symbol & exchange for the Coal India IPO
No info about that

What are the IPO dates for Coal India IPO
The IPO for Coal India will open on dates 18 October and will close on 21 October 2010.

Any ratings given to Coal India IPO?
No information about that.

What are the analysts recommendations for Coal India IPO?
Coal India is owned by the government of India which is planning to raise around 15,000 Crore Rs. through this IPO of Coal India. It has 63 billion tonnes of coal which makes Coal India the world’s largest reserves of coal.
After Reliance Power IPO, this IPO is expected to be the largest.
The power needs for the country are increasing day by day. Hence Power companies are expected to benefit. Infrastructure developments are on the rise with a stable government at the center. However, one needs to look at the valuations of the company and how well it is placed with regard to the competitors. Being a government controlled Navratna company, this is found to be having strong fundamentals.
The government is also expected to offer the shares of coal india limited at 5% discount to retail investors, hence they will benefit.
Majority of the market experts and analysts say that this IPO should be subscribed to, and it is even being cited that due to this IPO there might be a fall in the market. The reason is that this is much awaited IPO and investors will take out money by selling their existing shares in the market to apply for this IPO. Hence this IPO should be definitely subscribed to.
However, one must not go only with the recommendations. Remember Reliance Power IPO and what happened to it on the day of listing? (See Reliance Power IPO: What went wrong?. Market experts are pretty hopeful about this IPO and the returns - See news: Expect 30% Returns on listing Day: Market Experts. Investors should take their own call on this IPO as per their own risk appetite

Gold ATM: Withdraw Gold Bars & Coins From Gold ATM in USA (Gold To Go Machines)

Come November and US gold investors will have more convenience of buying Gold - right from an ATM or Automatic Teller Machines. The demand for Gold is increasing as an investment category, and the falling US Dollar is forcing the investors to park their hard earned money. Gold offers a good alternative to such investors as it has been a traditional and historic way to invest money. How will a Gold ATM work?
A gold ATM will work in exactly the same way as a normal bank ATM works. You swipe/insert your card, select the type/form of gold you want to buy, the moeny is deducted from your card and the gold is dispensed to you by the ATM machine (like you get cash from a normal bank ATM)
What form of Gold can be bought from Gold ATMs?
You can buy gold bars as well as coins from Gold ATM. It is said that there will be around 10 different gold products available through gold ATM.

When will the Gold ATM be available to public in USA?
Common people can buy gold from ATM from November 2010 onwards. The plan is to first installl the gold ATM's at the casinos in Las Vegas as well as in Florida. And then it will be installed in a phase wise manner all across the USA.

How much Gold can the Gold ATM hold at a time?
A typical gold ATM can hold gold worth USD 3 million.

how will the gold prices be determined at Gold ATM?
The gold prices are claimed to be updated in real time. Every 10 minutes the prices will be updated, hence the investors can expect to see a lot of price variation while buying gold.

Is there any way to trade at Gold ATM due to price movements?
As of now, it doesnt appear to be the case. The Gold ATM can only dispense gold, hence you have the option of only buying the gold. Selling back is not possible. But you never know, in near future you might as well see these gold ATM's becoming trading spots. However, this being only the initial phase, it will be a long time to go.

What Precautions should one take at Gold ATM?
Gold being a precious commodity will need some precautions.
Obviously, you will not find Gold ATM's in every corner of the street as you find Bank ATM's. There will be a limited availability in secure areas. However, you must make sure that while and after buying Gold, you need to take care of the Gold that is dispensed by the machine. Be cautious after the gold is withdrawn from the Gold ATM.