Trade Me releases 257 page prospectus for float to raise NZ$363.5 mln at NZ$2.70/shr. Your thoughts on the detail? By Bernard Hickey Fairfax Media has released the 257 page prospectus for its float of Trade Me on the New Zealand stock market to the Companies Office this afternoon. It shows New Zealand's biggest online retailer forecasting 12% revenue growth next year, 10% profit growth and a 5.1% cash dividend. Fairfax Media is selling 134.6 million shares at NZ$2.70 a share to raise NZ$363.5 million, including the sale of up to 7.6% of the company to Trade Me and Fairfax staff, Fairfax shareholders and very active Trade Me members.
Of the 30% of Trade Me up for sale in the float, more than half the shares will go to retail investors through New Zealand brokers. The prospectus also details issue expenses of NZ$11.8 million to be paid to brokers, including fees of 2.5% to the underwriter UBS, and up to 1.5% to brokers, co-lead managers and co managers (Craigs Investment Partners, Goldman Sachs, First NZ Capital, Forsyth Barr, Direct Broking and ASB Securities) These members include: 'Financial flexibility' eBay Franchise Opportunities, I Sold It on eBay. eBay Training Course - $129.99 - Online eBay Marketing Training. ExpertRating Online eBay Marketing Course (leading to ExpertRating eBay Marketing Skills Certification) ExpertRating is one of the world's only ISO 9001:2008 Certified companies (from TUV America) offering an Online eBay Marketing Course (leading to ExpertRating eBay Marketing Skills Certification).
ExpertRating is a trusted name in online testing and certification with over 200,000 certified professionals in over 60 countries in more than 200 skill areas. ExpertRating offers its testing services to the world's best companies such as Convergys Corp, UPS, GAP, Sony, Coke, Citrix, Deltek Corp, IKEA Systems and Ericsson to name a few. See where ExpertRating Certified Professionals are working. It is very safe to buy from ExpertRating. ExpertRating Solutions has been reviewed by TRUSTe for compliance of their strict program requirements ensuring that your information is always safe. What are eBay drop-of stores: eBay drop-off store directory. S October 2011 Trend Briefing covering the consumer trend "RECOMMERCE"
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Read this Trend Briefing in: Français 中文 Nederlands Türkçe Español Português Deutsch 한국어 October 2011 | Savvy consumers have never had more opportunities to make the most of their past and future possessions. Looking at the myriad ways in which the consumer arena has moved beyond the ‘old’ model of consumption (brands produce, consumers buy), has been a regular feature in past Trend Briefings from GENERATION C(ASH) and C(ONTENT), to SELLSUMERS and OWNER-LESS.
Now, here’s yet another twist on consumers making the most of their assets and possessions: RECOMMERCE | It’s never been easier for consumers to unlock the value in past purchases*. Indeed, RECOMMERCE is now increasingly affecting even consumers’ initial purchase decisions. Check out three drivers behind the RECOMMERCE phenomenon: NEXTISM: Consumers will forever crave the new and exciting experiences promised by the ‘next’ . * Consumers have always resold large, durable goods like cars and houses. S 12 Consumer Trends for 2012. For smart consumers, 'trading in' is the new buying in 2012.
It’s never been easier for consumers to unlock the value in past purchases. Consumers have always resold large, durable goods like cars and houses; but in 2012, almost anything is ripe for resale, from electronics to clothes, and even experiences. Novel brand buy-backs, exchange schemes, online platforms and mobile marketplaces offer smart and convenient options for consumers keen to ‘trade in to trade up’, alleviate financial strains (double dips, anyone?) , and/or quell environmental and ethical concerns. Three drivers behind the RECOMMERCE phenomenon: NEXTISM: Consumers will forever crave new and exciting experiences promised by the ‘next’.
A few examples: Decathlon, the French sports apparel and equipment store, launched Trocathlon for a week in October 2011. Already featured in ECO-CYCOLOGY, Patagonia's Common Threads Initiative is also an excellent example of RECOMMERCE.