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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » MINIMUM PUBLIC FLOAT

MINIMUM PUBLIC FLOAT

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1MINIMUM PUBLIC FLOAT  Empty MINIMUM PUBLIC FLOAT Fri Dec 26, 2014 9:19 pm

Bolinger

Bolinger
Manager - Equity Analytics
Manager - Equity Analytics
Friends, The deadline for minimum public float is on 31st DEC.

With this regulation SEC try to ensure minimum 10 % of listed company holdings to be with public.

What are the shares will have direct impact on this rule ???

UDPL is a possible candidate for this...
what else....

Pls share your thoughts ....

2MINIMUM PUBLIC FLOAT  Empty Re: MINIMUM PUBLIC FLOAT Fri Dec 26, 2014 9:27 pm

piras

piras
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Can someone explain more about Minimum public float and impact?

3MINIMUM PUBLIC FLOAT  Empty Re: MINIMUM PUBLIC FLOAT Fri Dec 26, 2014 9:52 pm

Bolinger

Bolinger
Manager - Equity Analytics
Manager - Equity Analytics
Piras, My understanding is :

During listing , IPO some companies do not put 100 % of the owenership to market. Ex company may keep 80 % of share capital among the inital owners and issue the balance 20 % to market where public like us can buy....

They may be doing this to safeguard possible take over in market. Also the IPO money they are going to collect from market may well less than the initial capital invested by key owners.

we can see this is in major share holder distribution details.

SEC is trying to ensure at least 10 % ownership is among public for listed companies... This may be to create good corporate governance...etc

with this mandatory compliance rule,companies who do not meet min 10 % public ownership, they have to dilute their ownership at least max to 90 % and sell out the balance to public share holders.

I think they will try to sell high rather than at low price to maximuse thir gain...

Hence share price can go up for these kind of shares....


4MINIMUM PUBLIC FLOAT  Empty Re: MINIMUM PUBLIC FLOAT Sat Dec 27, 2014 8:01 am

piras

piras
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Bolinger wrote:Piras, My understanding is  :

During listing , IPO some companies do not put 100 % of the owenership to market. Ex company may keep 80 % of share capital among the inital owners and issue the balance 20 % to market where public like us can buy....

They may be doing this to safeguard possible take over in market. Also the IPO money they are going to collect from market may well less than the initial capital invested by key owners.

we can see this is in major share holder distribution details.

SEC is trying to ensure at least 10 % ownership is among public for listed companies... This may be to create good corporate governance...etc

with this mandatory compliance rule,companies who do not meet min 10 % public ownership, they have to dilute their ownership at least max to 90 % and sell out the balance to public share holders.

I think they will try to sell high rather than at low price to maximuse thir gain...

Hence share price can go up for these kind of shares....



Well. Good explanation. Can someone list companies which are coming under SEC issue?

5MINIMUM PUBLIC FLOAT  Empty Re: MINIMUM PUBLIC FLOAT Sat Dec 27, 2014 11:55 pm

Bolinger

Bolinger
Manager - Equity Analytics
Manager - Equity Analytics
UDPL is directly in the radar.Already it started some movements....
Also there is a finance company belongs to AMW in the market.very illiquid share.

what else ?

6MINIMUM PUBLIC FLOAT  Empty Re: MINIMUM PUBLIC FLOAT Sun Dec 28, 2014 1:08 pm

xmart

xmart
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
KAPI has public float 9.22% but after the right percentage will automatically will be higher than 10%. it is a good way to increase public float.
they have shown exceptionally well performance from engineering section, but they are having a bad time with power generation.
cash flow from operation activities is positive. current figures are all set for a good run, beside recent big run.

but the problem is, can they maintain their operation income, mainly the engineering in that exceptional level. with this construction boom they will harvest the best out of it. we can decide it after few quarter results.

7MINIMUM PUBLIC FLOAT  Empty Re: MINIMUM PUBLIC FLOAT Tue Dec 30, 2014 9:37 am

Sarabulathwita

Sarabulathwita
Vice President - Equity Analytics
Vice President - Equity Analytics
@Bolinger wrote:Piras, My understanding is  :

During listing , IPO some companies do not put 100 % of the owenership to market. Ex company may keep 80 % of share capital among the inital owners and issue the balance 20 % to market where public like us can buy....

They may be doing this to safeguard possible take over in market. Also the IPO money they are going to collect from market may well less than the initial capital invested by key owners.

we can see this is in major share holder distribution details.

SEC is trying to ensure at least 10 % ownership is among public for listed companies... This may be to create good corporate governance...etc

with this mandatory compliance rule,companies who do not meet min 10 % public ownership, they have to dilute their ownership at least max to 90 % and sell out the balance to public share holders.

I think they will try to sell high rather than at low price to maximuse thir gain...

Hence share price can go up for these kind of shares....




Bolla, appreciate your time and effort. Good one

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