Roblox & AirBnb & Affirm IPOs in December

šŸ’¬ Trading 212 chat
21

T212 are good, however @intunderflow please note that the price at which retail investors, such as us, will be able to invest is likely to be much higher than the IPO price. That is because that price is usually only for institutioal investors. Retail investors access the stock later (buying it from the initial buyers - usually institutional investors) which means that it could be significantly higher.
And brokers such as T212 cannot do anything about this, it is just how IPOs work.

That happened for example with Snowflakeā€™s IPO.
Does anyone know the exact numbers?

22

The banks have been really bad at pricing the recent IPOs, couple that and crazy valuations you get a snowflake

23

Sorry to bother you 1 week later, but I dont wanna make a new post . Do you know with who I need to talk so that they add this : Drone delivery Canada stocks - Stocks & ETFs requests - Trading 212 Community ?

Thank you.

24

Something to bare in mind for anyone looking at air bnb is this potential $1B tax bill thatā€™s being discussed.

25

If youā€™re lazy and donā€™t want to do your own DD, or you pride yourself on your DD and want to supplement it, check out Chit Chat Money podcast on Spotify. They do weekly deep dives and todayā€™s episode is on Roblox.

26

Thanks Joey. Iā€™ll give it a listen.

To digress slightly, Iā€™m going to try and look into Affirm soon as well.

27

One here for air bnb also.

28

https://link.medium.com/TDrujI16Jbb Air BnB

29

I am very curious why do people want to buy AirBnB? Itā€™s this the next Uber? High IPO then the price will go down when people realise it is not a profitable company, has a lot of debt and not enough cash flow?

30

I didnā€™t know that. Good knowledge. Thanks for sharing!
Nothing much we can do about it but knowledge is king (or goes the saying cash is king).
Haha

Does anyone know what date it will be available and will T212 add straight away on the ISA side?

Thanks

31

@Kayman77 The dates for those IPOā€™s are not announced yet.

32

Can you please add ROBLOX

Roblox

$RBLX

NYSE

33

Airbnb is scheduled to price its initial public offering on Dec. 9 and trade Dec. 10, three people familiar with the situation said. The start-up is expected to trade on the Nasdaq Stock Market under the ticker ABNB.

34

Is it going to be available for trading @ipo or are we going to have to wait for months until we can buy?

35

Trading212 are good at getting big IPOs on the day (a few hours after they become public), or at the latest a day after.

36

I would like this at ipo and not 3 months later when itā€™s too expensive to get in

37

Looks like air bnb is seeking at $35B
Valuation at between 45-50 a share.

Iā€™m wondering what that means when it gets to us retail investors :man_shrugging:t2:

I would guess somewhere at $50B?

38

$40 would already be high for Airbnb IMO, is there any reason to value it so high with current situation? It is far from over with most places under lockdown or heavy travel restrictions.

Roblox on the other hand is a play, if anyone thought SNAP was great I have even higher hopes with this new IPO.

39

In all honesty there isnā€™t any reason at all, the stock market is a bit detached from reality at present.

When does roblox go live?

40

I agree with that observation on the market, but it ends catching up. Airlines have not recovered fully either, despite a few sprouts on vaccine announcements.

I havenā€™t found any published dates for the RBLX IPO.

My guess is: as early as Friday, December 11th based on some pre-registration deadlines for the IPO participation, and as late as week 51 for the rest of the market. I am also assuming they would like to avoid overlap with other big IPOs to capture the maximum attention.

Second edit:
Best guess RBLX live on Dec 14th (week 51)