HRMT19020 Managing Change: Mastermyn Pty Ltd IPO Listing Report

Verified

Added on  2023/06/08

|11
|2446
|364
Report
AI Summary
This report examines Mastermyn Pty Limited's initial public offering (IPO) for listing on the Australian Stock Exchange (ASX). It highlights the company's history, the importance of the IPO, and factors influencing its outlook. The report discusses strategies for profiting from shares, the selection of a broker, and the various stages involved in buying and selling shares. It also identifies key financial stocks in the ASX and provides examples of successful investments. Furthermore, the report addresses the risks associated with shares and the market, offering recommendations for improving the company's organizational culture and ensuring success during the listing process. The underwriting company for the IPO is Wilson HTM Corporate Finance Limited, and the offering should include a general public offer, an employee offer (ESOP), an institutional offer, and a broker firm offer. The report emphasizes the importance of individual assessment and open communication in shaping the organization's culture. It concludes with recommendations for navigating the market and ensuring a successful IPO listing.
Document Page
Running head: MANAGEMENT
Management
Name:
Institution:
Date:
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
MANAGEMENT
Executive Summary
Mastermine company wishes to list its shares for the first time in the Australian Stock
Exchange(ASX)inorder to get more capital. When selecting a broker pay attention to such
criteria: personal trading turnover for the specified period, rating, cost and list of services,
providing forecasts and analysts to the client, all tools necessary for work, maximizing the
ways of input / output of funds from the account, providing advice, training events etc. The
underwriting company in the IPO listing is Wilson HTM Corporate Finance Limited and
should comprise general public offer, employees offer (ESOP), institutional offer and broker
firm offer. As each person makes an assessment individually, people have the opportunity to
think deeply about their vision of the organization's culture, to readily listen to the opinions
of others and to ultimately obtain the maximum amount of information necessary for building
the profile of a common culture.
Table of Contents
Document Page
MANAGEMENT
Executive Summary.................................................................................................................2
1.0 Introduction........................................................................................................................2
2.0 Importance of Mastermyn Pty Limited Listing its IPO and the stages........................3
3.0 Factors to improve Mastermyn Pty Outlook in its listing..............................................4
3.0 Trading Financial stocks in ASX and Examples.............................................................4
4.0 IPO for Mastermyn Pty Ltd..............................................................................................5
5.0 Risks associated with shares and market.........................................................................6
6.0 Conclusion...........................................................................................................................6
7.0 Recommendations..............................................................................................................6
8.0 References...........................................................................................................................7
Document Page
MANAGEMENT
1.0 Introduction
Mastermyn Pty Limited listed in 2010. For 22 years, it has been a successful mining company
that lodged a prospectus with Australian security Investment commission (ASIC) to give the
Initial Public Offer (IPO) for the listing in the Australian Stock Exchange(ASX). 40 million
shares were offered being offered for $ 1.00 per share and this represented and average of 55
% of the issued capital to be taken by the company. The underwriting company in the IPO
listing is Wilson HTM Corporate Finance Limited and should comprise general public offer,
employees offer (ESOP), institutional offer and broker firm offer. The question of whether it
is worth buying stocks, today is almost no one's actual. Many examples of successful
investments that ensure a stable and high passive income have demonstrated that investing in
this type of asset is profitable (Ajmi, Hammoudeh, Nguyen, & Sarafrazi, 2014)To get good
dividends or make money on speculation, you need to choose the right companies for
investment, collect and analyze information, keep abreast of market developments and follow
the dynamics of prices.
2.0 Importance of Mastermyn Pty Limited Listing its IPO and the stages
The main ways to profit from the shares can be identified three: 1) Profit from the
appreciation - buying cheap, selling expensive 2) From the slide - borrowing from the broker
shares, sell expensive, wait for a drop in prices and buy cheap, returning the debt to the
broker and the difference leaving on account 3) Dividends - payments to holders of shares
based on the results of the profit earned by the company Thinking about how to buy shares of
companies, it is worth considering the main stages. First you need to choose a broker and
register with it (Gomulya & Kotha, 2018). He will act as an intermediary and will provide an
opportunity to enter the market, help you navigate in prices, provide summaries and provide
the simplest algorithm for buying / selling. When selecting a broker pay attention to such
criteria: personal trading turnover for the specified period, rating, cost and list of services,
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
MANAGEMENT
providing forecasts and analysts to the client, all tools necessary for work, maximizing the
ways of input / output of funds from the account, providing advice, training events etc (Ismail
& Saleh, 2017). Then everything depends on the trader - his knowledge and intuition, the
ability to search and process information in order to understand well what is going on in the
market and what stocks are now profitable to buy, and which ones are better to sell urgently,
what is the level of profitability. Where it is better to invest to make profit Shares are
purchased through a broker - using a trading terminal where all assets and current values are
indicated. Thus, it is possible to become the owner of securities from any exchange of the
world - Australia. Thinking about what stocks to buy, you can go two ways: pay attention to
securities included in the ASX index or try to determine on their own what can bring good
earnings at the moment and the prospect. Over the past years, foreign investors have left the
Australian stock market, so the value of the stock falls dramatically - some even 2-3 times.
3.0 Factors to improve Mastermyn Pty Outlook in its listing
Many factors contributed to this, but in the future, the situation is expected to improve, and
the cost of the strongest companies will increase. Therefore, when deciding which stocks are
better to buy in 2016-2017, experts advise, first of all, pay attention to serious companies.
Their activities bring good dividends, regardless of the situation in the market and in the
country. It is also possible to buy up shares of promising companies, which have fallen very
much in value and, according to all forecasts, will grow. They will help to invest correctly,
timely orient themselves and understand which securities of which companies it is profitable
to buy in 2016-2017, various ratings published on the websites, profitability tables. They are
formed on the basis of a set of indicators, so they provide fairly reliable information and data
for analysis. Purchase of securities: promising companies To understand which stocks are
Document Page
MANAGEMENT
profitable to buy in 2016-2017, first you should select a group such as "blue chips". Large
banks, serious production, mobile operators are stable and resistant to any crises. And the
price of assets is gradually increasing, in accordance with the development of companies and
capacity building, the number of customers, capital.
3.0 Trading Financial stocks in ASX and Examples
Before you start trading stocks, you need to get acquainted with the leaders of different
sectors of the economy. Among the Australian giants can be identified: - works in the field of
telephone communications and Internet technologies, is the largest supplier in the segment,
has a state status, reliable and stable Aeroflot - the largest air carrier, stability and minimum
risks, the shares can be bought at the Australian Stock Exchange On the other hand, many
experts note the problems in the Australian market, therefore, considering whether shares
should be bought in 2016-2017, you need not only cheat five responses, but also to consult
with experts (Hamao, et al, 2010). In this case, it is important to diversify the risks by
acquiring the securities of various companies and including foreign assets in the portfolio.
Anyone who in time will notice the transition from an ordinary cafe to a serious business with
the sale of a franchise around the world and buy their securities, has every chance of
becoming a millionaire. In the claims of stability and lack of risk not to invest exclusively in
strong corporations - it is necessary to analyze the dynamics of growth and expansion (Kasa,
2012).. Pay attention to the "uninteresting" companies that are in demand - so, a new
supermarket chain can quickly burn out and go at a loss, but companies in the production of
chemicals, extraction of resources, etc. can surprise growth (Li, Chang, Miller, Balcilar &
Gupta, 2015).
Document Page
MANAGEMENT
4.0 IPO for Mastermyn Pty Ltd
Such enterprises are not stunned by advertising campaigns and a fivefold increase in profits,
but they rarely work at a loss and develop steadily for IPO (Li, et al2015). Actions of insiders
- employees of companies, stock exchanges. If it is possible to monitor what the employees
of stock exchanges and investment funds are buying, you can copy their actions. It is worth
remembering that the sale of their shares rarely speaks about the difficulties in the work of
the company, but the purchase always signals about future growth. When choosing an asset
for investment, you can focus on such sources of information: P / S indicators (the ratio of
price and sales, shows the ratio of the company's stock capitalization to its profit), EBITDA
(pre-tax profit, dividends, depreciation coverage), P / E (the ratio of the value of shares to
profit, a low value indicates the undervaluation of the company, high - about the excitement).
Therefore, if the expert says "buy shares of small companies and avoid the giants", do not
follow his advice. In each case, it is necessary to analyze everything individually and analyze
a specific enterprise / firm / brand and the ways of their development.
5.0 Risks associated with shares and market
Experts predict that the domestic market will most suffer companies that are focused on
domestic consumption, and will be attractive enterprises with high profitability and able to
change the mood of the market.. Also not afraid of the risks of shares of the Australian stock
exchange, the situation with indicators of telecommunication and financial spectra will not
practically change. The most cautious is to invest in media, retail. It is recommended to
increase investments in companies that are oriented to the domestic market.
6.0 Conclusion
Schedule the company's leading specialists in the field of perspective views on organizational
culture in general. Make sure that people who are able to implement change initiatives and
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
MANAGEMENT
who are really needed to ensure success in this direction are involved in the work during the
listing of the company. They have to individually evaluate using the OCAI tool (Mohamed &
Saadouni, 2018). Take care that, in answering the questions of the questionnaire, each one
should give a rating evaluation of the same organizational structure. That is, make the clarity
that precludes the possibility of evaluating by some people, say, a certain unit, and others -
the rating of the firm as a whole. It is important to exclude ambiguity regarding the unity of
purpose of the work for all respondents.
7.0 Recommendations
Do not ignore the ratings of any person, regardless of the extent to which they are similar to
those of all other participants. It is especially important to know the reasons that lead this or
that person to his rating of the organization's culture. Discussion and consensus building
usually represents the most fruitful part of the work that is being done, because in the end an
understanding is created, channels for communication are opened, and the opportunity to
evaluate the other participants' points of view is appreciated.
Document Page
MANAGEMENT
8.0 References
Ajmi, A. N., Hammoudeh, S., Nguyen, D. K., & Sarafrazi, S. (2014). How strong are the
causal relationships between Islamic stock markets and conventional financial
systems? Evidence from linear and nonlinear tests. Journal of International Financial
Markets, Institutions and Money, 28, 213-227.
Gomulya, D. M., & Kotha, S. B. (2018, July). Surviving after IPO: A Longitudinal Study of
the Effect of Alliance Timing on Post-IPO Delisting. In Academy of Management
Proceedings(Vol. 2018, No. 1, p. 12386). Briarcliff Manor, NY 10510: Academy of
Management.
Hamao, Y., Masulis, R. W., & Ng, V. (1990). Correlations in price changes and volatility
across international stock markets. The review of financial studies, 3(2), 281-307.
Ismail, A. H., & Saleh, N. M. (2017). Corporate Governance and Earnings Management:
Incentives in Malaysian IPO Companies. Terengganu International Finance and
Economics Journal (TIFEJ), 2(2), 40-47.
Kasa, K. (2012). Common stochastic trends in international stock markets. Journal of
monetary Economics, 29(1), 95-124.
Koutmos, G., & Booth, G. G. (2015). Asymmetric volatility transmission in international
stock markets. Journal of international Money and Finance, 14(6), 747-762.
Li, X. L., Chang, T., Miller, S. M., Balcilar, M., & Gupta, R. (2015). The co-movement and
causality between the US housing and stock markets in the time and frequency
domains. International Review of Economics & Finance, 38, 220-233.
Mohamed, A., & Saadouni, B. (2018). Incentive Fees: Do they bond underwriters and IPO
issuers?.
Document Page
MANAGEMENT
Links
https://scholar.google.com/scholar?as_ylo=2014&q=IPO+listing&hl=en&as_sdt=0,5
https://scholar.google.com/scholar?
as_ylo=2014&q=IPO+listing&hl=en&as_sdt=0,5#d=gs_cit&p=&u=%2Fscholar
%3Fq%3Dinfo%3Ai5W85TXqwrgJ%3Ascholar.google.com%
https://scholar.google.com/scholar?
as_ylo=2014&q=IPO+listing&hl=en&as_sdt=0,5#d=gs_cit&p=&u=%2Fscholar
%3Fq%3Dinfo%3A_5UHz2IpVrQJ%3Ascholar.google.com%
https://scholar.google.com/scholar?
hl=en&as_sdt=0%2C5&as_ylo=2014&q=IPO+for+Mastermyn+Pty+Ltd&btnG
https://scholar.google.com/scholar?
hl=en&as_sdt=0%2C5&as_ylo=2014&q=trading+in+the+ASX&btnG=
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
MANAGEMENT
chevron_up_icon
1 out of 11
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]