New I.P.O. - BASIN WATER INC (BWTR)

Zantrax

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Basin Water prices IPO at $12/shr


Basin Water IPO draws interest
Size of deal is increased; pricing is stop range


Basin Water IPO draws interest
Size of deal is increased; pricing is stop range - 4:00pm 05/12/2006
NEW YORK (MarketWatch) -- Basin Water Inc. rose as much as 39% Friday as the maker of filtration systems wowed Wall Street with its efforts to capitalize on the demand for drinkable water in the arid western states.

Basin Water (BWTR 16.65, +4.65, +38.8%) opened at $15.70, well above its $12 IPO price. The stock changed hands at $16.55 in recent action on the Nasdaq.
In a sign of keen demand, Basin Water added a million shares to its IPO and offered its 6 million shares atop the $10-to-$12 range that had been targeted. Through underwriter Janney Montgomery Scott, the deal raised $72 million.
Earlier in the week, the company hiked its estimated price range from $8 to $10 a share as interest built up.
The Rancho Cucamonga, Calif., company, which sells systems for the treatment of contaminated groundwater, turned a profit of $563,000 on revenue of $12 million in 2005, compared with a loss of $556,000 on revenue of $4.3 million in the previous year.
As of Dec. 31, its revenue backlog was $77 million, an increase of 120%, from the year-ago period.
"We expect to achieve our goal of becoming the leading provider of groundwater treatment systems in the United States through the following strategies: target key groundwater contaminants; expand our business throughout the arid west; extend our geographic reach throughout the United States; and maintain and extend our technology position," the company said.

Mueller Water Products sets range

Meanwhile, Mueller Water Products was also trying to meet the IPO market's thirst, saying Friday that it plans to offer 23.5 million shares at $16 to $18 apiece in its upcoming initial public offering.

The IPO from the Tampa, Fla., manufacturer of water infrastructure and flow-control products will raise about $400 million with an underwriting team that includes Bank of America

Walter Industries (WLT : Walter Industries Inc .90, +1.56, +2.3%) controls about 97% of voting power of the company's shares, Mueller said in its IPO prospectus.
 
azz uno dei pochi titoli con un bel verdino ieri
e mi ritrovo il 3d in quindicesima pagina? :clap:

la prossima volta devo rendere piu' accattivante il titolo
scrivero' " un 2000% non glielo toglie nessuno"
:D :D :D :p :p

uuuuuuuuppppppp
 
superbaffone ha scritto:
per me poteva stare anche in 50tesima pagina :D

tanto tu leggi solo dalla 51 in poi, giusto per essere sempre aggiornato :p , ciao baffun
 
superbaffone ha scritto:
per me poteva stare anche in 50tesima pagina :D

proprio non vi piace questa IPO :D :D :p
nemmeno un commento :angry:
 
per zantrax il settore è buono ma non ho molte notizie sul titolo tu le hai (in italiano grazie )tu vedi margini di guadagno .io sono concentrato su altre ipo quali mastercard e vonage .gli americana consumano il 30% di acqua di acquedotto in piu' di noi perche' la purificano in casa con il brica (una brocca depuratrice)ciao
 
Zantrax ha scritto:
proprio non vi piace questa IPO :D :D :p
nemmeno un commento :angry:

il settore è certo muy interessate e viene indicato come uno dei più promettenti per il futuro
ciao
 
scozia ha scritto:
per zantrax il settore è buono ma non ho molte notizie sul titolo tu le hai (in italiano grazie )tu vedi margini di guadagno .io sono concentrato su altre ipo quali mastercard e vonage .gli americana consumano il 30% di acqua di acquedotto in piu' di noi perche' la purificano in casa con il brica (una brocca depuratrice)ciao

beh in italiano non credo si trovi molto :D

le news che ho le ho raccolte da yahoo
qualcosa dai competitors e sul web credo ci sia altro ancora
:)
 
Indietro