ProperCharlie

Does anyone have experience of floating all or part of a company on the AIM?

Would be very interested to know how much work is involved, and what sort of value can be realised, and whether in general people think it's a good idea. Co. in question has been trading 5 years and currently turns over about 6m. Year on year growth is pretty good.

tia

Charlie

Fat Boy

Lots of work, but good values can be raised. However, how much is a bit like how long is a piece of string. Depends on what sector and its typical pe ratio (eg high tech/telcom is not very popular as it hasn't recovered yet from the bubble/3G issues), and the appetite from potential investors.

One of my friends has just attempted to float his medical / clinical writing business on AIM, but ended up going for a private placement instead as he couldn't agree a decent valuation through the broker despite the broker's never ending promises pre mandate.

Not a bad idea above issues aside. Profit,growth and prospects are of more interest than just turnover.

[Edited by Fat Boy - 7/30/2003 9:43:45 AM]

ProperCharlie

Cheers FB.

I suppose timing is key to getting a good return. So need to string together some high profit years to push up the value? The sector is industrial/infrastructure. Perhaps that will help us as we are not prone to the big ups and downs of the tech sector.