A compelling IPO the market hasn’t spotted for now

Livewire Exclusive

Livewire Markets

New listings have had a bad rap this year with some high-profile stumbles. But do a few bad headlines represent the entire market? Running the numbers across all IPOs in Australia in 2019 reveals a very different picture, with average year-to-date gains of 48% across the whole group.

We asked David Poppenbeek from K2 Asset Management for his thoughts on the market when we met up recently. He pointed out that while the flow of new names has been lower than expected, he thinks the pipeline is evolving and nominated one newly listed stock with a compelling thesis that is up 14% in its first month. David also updated us on his thoughts on JB Hi-Fi, which has been on a tear since K2 last talked about it with us.

Never miss an exclusive

Stay up to date with the latest Livewire content by hitting the 'follow' button below and you'll be notified every time we post a wire.

In addition to identifying undervalued stocks, K2 has the ability to actively manage equity market exposure and currency exposure as well as having the ability to short sell. To find out more, hit the contact button below or visit their website for more information.

2 topics

2 stocks mentioned

1 contributor mentioned

Livewire Exclusive
Livewire Markets

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.


Sign In or Join Free to comment