business

Japan Post Bank IPO price set at 1,450 yen per share

5 Comments
By Taiga Uranaka

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Selling a public entity back to the tax payers responsible for creating it-rather like an ore ore scam....

5 ( +6 / -1 )

kurisupisu: Selling a public entity back to the tax payers responsible for creating it-rather like an ore ore scam....

It does kind of feel like a bully stealing your lunch and then selling it back it you, but as long as they take the proceeds from the IPO sale and reduce our taxes an equal amount, I'm happy. I'm certain that's exactly what will happen too! #pigsflyoutmya$$

2 ( +3 / -1 )

kurisupisu & Dan - hear hear....

2 ( +3 / -1 )

What is the minimum number of shares you can buy? That is a killer in the Tokyo Stock Market.

-1 ( +0 / -1 )

If government can pay off even a fraction of its 1,040 trillion yen of debt by flogging off these sub-standard companies to those willing to risk their money on them, I for one am happy.

I question if a lot of the people wanting to subscribe to these IPOs realise the risks, but it's their money & their business.

Who knows, as a result the post service might become more efficient, and the insurance arm might start offering products that aren't a total rip-off.

If the shareholders make some money as a result, it'll be good for them, and good for the rest of us who stand a better chance of seeing improved services and products in future.

“I have a friend who wants to sell NTT shares but cannot to this day.”

This person should have accepted that not every investment or speculation is going to end up a profitable one, before buying into it. It's part of the deal.

1 ( +1 / -0 )

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