Tag Archives: IPO

Malibu Boats gets some love from Motley Fool

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Following its successful IPO a few weeks ago, Loudon-based Malibu Boats is getting some love from a Motley Fool writer.
The maker of performance sports boats is in better shape than its competitors and positioned to take advantage of an improving market for power boats, Motley Fool writer Mark Lin says.
Here’s an excerpt from Lin’s Fool report:
“Malibu Boats is the outright market leader in performance sport boats and has seen its market share in the category increase from 23.9% to 32.9% over the past five years. Even more noteworthy is the fact that almost all of its major competitors lost market share during the period, suggesting that Malibu Boats hasn’t just ridden along on industry growth but has gained a real edge over competition.”
Competitors Mastercraft and Brunswick, maker of Sea Ray Boats, which have manufacturing plants in Vonore, Tenn., can’t like that assessment.
Malibu, which completed its IPO on Feb. 5, reported a gross profit of $11.7 million on sales of $43.9 million in the quarter ended Dec. 31.
Click here for the Motley Fool report.

Loudon boatmaker Malibu Boats sets IPO price

malibu boats

Malibu Boats, the Loudon, Tenn.-based maker of watersports towboats, is the latest area company to go public.
The boat maker has set its IPO price at $14 per share and is scheduled to start trading today on the Nasdaq market under the symbol MBUU.
The company is looking to raise more than $100 million.
With the economy gaining strength and consumer confidence improving, Malibu’s timing looks good.
After toughing out the Great Recession, Malibu has seen its earnings rise in recent years as it has rolled out a number of new products. Malibu’s wakeboarding Surf Gate technology received its second patent last September.
Raymond James and Wells Fargo Securities are acting as joint book-running managers for the offering. SunTrust Robinson Humphrey and BMO Capital Markets are acting as co-managers.
Click here for  more on Malibu from Seeking Alpha.
Click here for a Wall Street Journal Marketwatch report on Malibu.

Is buying Facebook stock a good idea?

f46296b17e1b890d0f0f6a70670043b3.jpgFacebook’s much-anticipated IPO is expected this Friday. Should you invest? Or is the smarter move to hang on to your money? 

Everybody has an opinion about investing in the social media goliath. Some experts say Facebook CEO Mark Zuckerberg is too young to run a major company — he turned 28 today. Others say Facebook is the biggest investment opportunity of all time.

Regardless of how you or your broker feel about the company, it will be one of the largest IPOs in history and it will make Zuckerberg and other Facebook executives even richer.

He’s a sample of what pundits from Wall Street to Silicon Valley are saying.

Yahoo Finance/ Breakout: The Right & Wrong Way to Buy Facebook

CNET: Everything you need to know about the Facebook IPO

PCmag: Facebook IPO Week: The Basics 

Forbes MoneyBuilder: Facebook IPO Approaching: Will You Buy Shares?

The Daily Ticker: Facebook IPO: Biggest Risks and Opportunities

CNBC: Quiz: What’s Your Facebook IQ

Photo: In this Feb. 5, 2007 file photo Facebook CEO Mark Zuckerberg smiles in his office in Palo Alto, Calif.

 

 

A closer look at Facebook IPO

Facebook’s planned IPO has generated lots of buzz, but is it really a wise investment?

Chris O’Brien with the San Jose Mercury News takes a close look at the risk factors the company lists in its SEC filings.

Some of it may surprise you.

Mercury News: Facebook has become a financial giant, but not an invincible one

And here’s another interesting take:

Reuters: A sobering look at Facebook