WiseTech Global IPO coming very soon

We talked about this since late 2014. This is the biggest Tech Firm under the Radar. Revenues of More than $100 mil + and massive Growth Runs on Board and in a Pole Position in Cargo and Transport Logistics Software. Totally Australian and will be valued at least a $1 Bil Plus. Getting our hands on this could be harder. Its not the likes of Xero etc as it has been highly profitable for many years. This will be the one to watch in 2016 in Tech Floats. Market melt downs etc doesn't effect its revenues. In the GFC it grew very well and ever since even more. Expanding rapidly and the best Software in its field no competition really is the word. Richard White is a legend and a proven tactician. This will be a winner for sure.
Wisetech Global looking to list
26/1/2016 Business Spectator

The $1 billion-plus technology powerhouse Wisetech Global is believed to be heading back to the public market, with sources suggesting that advisers are once again ramping up plans for a listing.The company has been positioning itself for a float for some time.However, attempts to list last year were dashed.
It is understood that the price investors were prepared to pay was below the expectations of founder Richard White.
Last year, the company’s aspirations were to raise about $250 million by Christmas, although that plan was later shelved.

It’s not clear whether it still wants to raise that amount.
At that time, Mr White, the founding chief executive, was hoping to maintain the majority of its holding in the high-margin, cash-generative business that is being advised by Credit Suisse and Morgan Stanley.Founded more than 20 years ago by Mr White, Wisetech generates its earnings through the sale of software services to third-party logistics providers, including global freight forwarding companies, through its leading supply chain execution platform CargoWise One.The revised float comes at a time when fund managers are pinning their hopes on better-value deals this year, linked to weaker sentiment for private equity divestments due to the Dick Smith collapse and more volatile conditions.
As one Australian fund manager said: “Everyone has sobered up a bit.’’“Initial public offerings need to be more firm-footed this year,” he said of the general sentiment of the market.

A similar company that has listing hopes this year is the $1.5bn-odd plumbing supplies business Reliance Worldwide.
Market analysts say that the company, which previously wanted to list at a valuation of about 22 to 24 times its earnings, may now be prepared to lock in a multiple in the mid to high teens as part of an adjustment to the current market reality.
Reliance recently finished its North American roadshow and will be touting the business to local investors in the coming days.
Plans are on track for the float to occur in April through advisers JPMorgan and Macquarie Capital.According to sources, the Melbourne-based Munz family will retain between 30 and 40 per cent of their holding, leading to a $1bn raising.