| Today |
| 03:32 AM |
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7 Days Group Goes Public at a Very Reasonable Valuation
 Bill Simpson submits: Bill Simpson wrote an analysis of 7 Days Group Holding (SVN) to TradingIPOs subscribers on November 15. The ADSs priced at $11, the top of the estimated range of $9 to $11, in the chain's initial public offering on Friday, November 20. 7 Days raised $111.1 million in the IPO. The text of Mr. Simpson's original writeup follows: Complete Story » |
Seeking Alpha
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| Yesterday |
| 01:24 PM |
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7 Days Inn Takes on Home Inns
7 Days Inn, a major economy hotel chain in China, will boost the number of its hotes to 1,800 from 320 within five years to overtake Home Inns & Hotels Management Inc (NASDAQ: ... more |
China Perspective - ...
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| 12:28 PM |
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SVN - Debt Paid
SVN - 7 Days Group Holding plans on offering 10 million ADS at a range of $9-$11. If the over-allotment is exercised the total deal size will be 11.6 million ADS. JP Morgan and Citi are leading the deal, Oppenheimer is co-managing. Post-ipo SVN will has an ADS equivalent of 50.6 million shares for a market cap of $506 million on a pricing of $10. Ipo proceeds will be utilized toi repay debt and for general corporate purposes. [More...] |
home: iStockAnalyst....
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| Wednesday, November 25, 2009 |
| 12:01 PM |
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Cloud Peak Energy Latest IPO To Hit Market (CLD, RTP)
Cloud Peak Energy didn't have such a spectacular splash in the market, but this and other IPOs are evidence of a return to normalcy in the markets.
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Investopedia
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| Monday, November 23, 2009 |
| 10:14 AM |
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New Chinese ADRs Trading in the U.S.: China Real Estate Information and 7 Days Group
David Hunkar submits: More Chinese companies are listing their stocks in the US markets in order to attract US investors. One of the new Chinese companies that was listed on the NASDAQ last month was China Real Estate Information (CRIC) and this past week, 7 Days Group Holdings started trading in the NYSE. In this post, lets take a quick look at these new ADRs. 1. China Real Estate Information (CRIC) Complete Story »
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Seeking Alpha
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| Sunday, November 22, 2009 |
| 07:17 AM |
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7 Days Group Priced Too High
7 Days Group (SVN), the third largest economic hotel chain in China, hit the IPO market this week. The stock was priced at $11, the higher end of the suggested pricing range, and closed at $12.50 in its first day's trading. J. P. Morgen, Citi and Oppenheimer were the underwriters.
My analysis shows that it is not a good buy when compared to its peer, Home Inns (HMIN), the largest economic hotel chain in China. Complete Story » |
Seeking Alpha
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| Saturday, November 21, 2009 |
| 06:45 AM |
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Rio's Cloud Peak Down in Debut
By Clare Baldwin and Phil WahbaNEW YORK ( Reuters UK) - Investors bet on growth in the IPOs of a Chinese hotel chain and an online education company on Friday, but were less enthusiastic about a spin-off of mining giant Rio Tinto.Rio Tinto's U.S. coal-mining spin-off, Cloud Peak Energy Inc CLD... |
News items | BNET
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| Friday, November 20, 2009 |
| 09:01 PM |
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What investors need to know as IPO market reheats
The market for initial public offerings is thawing, but retail investors shouldn't expect to find access to this notoriously exclusive market any easier -- though a few back doors are open for those who know where to look.
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MarketWatch
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| 06:00 PM |
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Second-Busiest IPO Week This Year Shows Mixed Performance
This week was the second-busiest IPO week of 2009 with network security specialist Fortinet ( FTNT) making its debut on Wednesday, followed by four additional companies that began trading today. Fortinet led the group with a first day pop of 33%, climbing even higher in the aftermarket to a total return of 35.8%. The companies that traded today were Archipelago Learning ( ARCL), 7 Days Group ( SVN), Global Defense Technologies ( GTEC), and Cloud Peak Energy ( CLD), spanning a wide range of industries from education to energy. Archipelago Learning, an online education company, and 7 Days Group, the third largest economy hotel in China, posted respective first day gains of 13.8% and 13.6%. Attractive margins seemed to appeal to investors in the case of Archipelago's offering, while an aggressive growth strategy and China's expanding economy were the main drivers for 7 Days. |
Seeking Alpha
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| 03:58 PM |
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Top 10 News Items 11/16-11/20: Dell Blows It Again, Geither Gets Roasted on Capitol Hill, Again, IPO's A-Plenty
Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=5130733 for the full story.
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StreetInsider
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| 01:16 PM |
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Rio's Cloud Peak IPO Edges Down, 3 Other IPOs Up
By Clare Baldwin and Phil WahbaNEW YORK ( Reuters) - Investors bet on growth on Friday, bumping up shares in two newly listed companies with strong trajectories while remaining neutral or down on two others whose prospects are murkier.Mining giant Rio Tinto's spin-off Cloud Peak Energy Inc CLD edged down in... |
Reuters articles | B...
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| 01:16 PM |
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Rio's Cloud Peak IPO Edges Down, 3 Other IPOs Up
By Clare Baldwin and Phil WahbaNEW YORK ( Reuters) - Investors bet on growth on Friday, bumping up shares in two newly listed companies with strong trajectories while remaining neutral or down on two others whose prospects are murkier.Mining giant Rio Tinto's spin-off Cloud Peak Energy Inc CLD edged down in... |
News items | BNET
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| 01:04 PM |
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IPO: Busiest Day in Two Months
Archipelago Learning ( ARCL), Cloud Peak Energy ( CLD), Global Defense Technologies ( GTEC), and 7 Days Group ( SVN) are all expected to begin trading Friday, marking the busiest day in IPOs since September 23 of this year, when five companies made their debuts. Cloud Peak Energy (CLD), a Rio Tinto carve-out of the US's third largest coal producer, and Global Defense Technologies (GTEC), a provider of IT services to US defense agencies, have both announced prices below their respective ranges. Cloud Peak raised $459 million by offering 30.6 million shares at $15, below the proposed range of $16-$18. In a smaller deal, Global Defense raised $60 million by offering 4.6 million shares at $13, below the proposed range of $14-$16. 7 Days Group (SVN), the only ADS offering on today's docket, priced $10.1 million shares at the top of the $9-$11 range at $11, raising $111 million. 7 Days is the third largest and fastest growing economy hotel chain in China. Archipelago Learning (ARCL) also priced near the top of its range of $15-$17, offering 6.3 million shares at $16.50 and raising $103 million. The company provides a subscription-based online education platform for students K-12. These four IPOs hope to continue the recent trend set by Fortinet (FTNT) and rue21 (RUE), the two most recent companies to go public before today. Fortinet, a global IT leader in the unified threat management space, and rue21, a discount fashion retailer that targets teenagers, have posted impressive first day pops of 33.0% and 27.9%, respectively. Compared with an average first day return of 4.9% for the nine companies that have debuted in the last 30 days, Fortinet and rue21 have demonstrated strong performance, ranking among the top ten on our list of best performing first day IPO returns year-to-date. |
Seeking Alpha
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| 09:52 AM |
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Chinese Economy Hotel Chain 7 Days Group (SVN) IPO Surges
Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=5129503 for the full story.
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StreetInsider
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| 09:45 AM |
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7 Days Group (SVN) IPO Surges
Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=5129489 for the full story.
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StreetInsider
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| 08:46 AM |
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7 Days Group Holdings Limited Announces Pricing of Initial Public Offering of its American Depositary Shares
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PR Newswire
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| 07:26 AM |
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7 Days Group Holdings (SVN) IPO Price at $11, Top End of Range
Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=5129058 for the full story.
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StreetInsider
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| Thursday, November 19, 2009 |
| 10:15 PM |
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Mixed Day For IPOs as Rio Unit Disappoints
By Clare Baldwin and Phil WahbaNEW YORK ( Reuters) - Investors proved to be selective as four U.S.-listed initial public offerings priced either below or at their expected ranges on Thursday evening.The largest IPO came from Cloud Peak Energy Inc CLD, the U.S. coal mining unit of Anglo-Australian miner Rio Tinto... |
Reuters articles | B...
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| 10:15 PM |
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Mixed Day For IPOs as Rio Unit Disappoints
By Clare Baldwin and Phil WahbaNEW YORK ( Reuters) - Investors proved to be selective as four U.S.-listed initial public offerings priced either below or at their expected ranges on Thursday evening.The largest IPO came from Cloud Peak Energy Inc CLD, the U.S. coal mining unit of Anglo-Australian miner Rio Tinto... |
News items | BNET
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| 08:11 PM |
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7 Days Group 10.1M share IPO priced at $11.00
See the rest of the story here.
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