Short Term Trading Week Starting: 12 Dec, page-471

First 471 Last

Share
Profile

Follow
Painkiller

798 Posts.

77

06/01/17

10:43

Post #: 21716348
Share

Originally posted by Painkiller ↑

STTCOMP BUB, FA Long

Bubs Australia - New RTO / backdoor listing via Hillcrest (ASX: HLS)
Expected to list next week - 23/12 (not yet showing on ASX website but hearing all on track)

Listing SP: 10c
MC: $24 mill
Cash: $5.15 mill
EV: $18.5 mill

Bubs Australia is an established infant food products company that currently sells out of health food stores and major
supermarkets including Coles. Bubs recently launched Bubs Advanced Plus Goat Milk Infant Formula.

Although milk stocks appear to be going sour this could be one that re-lights the fire. Despite financials of Bubs being non too impressive , this is a play that is based around the key backers. Take a look at the top 5 shareholders:
View attachment 375314

1. Next Step Global is Nancy Liu also known as Chinese internet sensation "sister Milk Tea" and wife of Richard Liu - Chinas 9th richest man and head of JD.com - chinese giant ecommerce platform
2. Ellerston Capital - Ashok Jacob - Packers ex right hand man and biggest insto behind Blackmores
3. Carr Family - Bubs CEO
4. Infant Food Business - Co-Founder of Bubs Anthony Gualdi who previously established Shakespeares pies
5. WF Investment - Wattle Hill Fund. Wattles main man is Albert Tse, husband of Kevin Rudds' daughter Jessica. Jessica has close ties with Jack Ma , owner of internet mammoth Alibaba - Jessica is local ambassador for Alibaba.

Placement was many times oversubscribed with most investors only receiving 5-10% of their requested allocation (see ipo thread) and word on the street is that there are more Chinese investors ready to buy on market upon listing.

Expect this one to fly when it lists next week.
disclosure: I'm locked and loaded

more info here:
http://www.theaustralian.com.au/business/companies/manufacturer-of-bubs-organic-wins-chinese-backing-for-backdoor-listing/news-story/e03cff9ec7e36e4477f8cc64459d0532

Expand

anyone know who i need to speak to to collect my chuppa chup ?
Upvote

0 Great analysis

Reply

Top Stories

BRX

Belararox delineates another porphyry in Argentina at Tambo South

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

EMD

Emyria's Empax Centre chosen for mental health clinical trial

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

STX

Strike Energy secures $153 million for Perth Basin gas projects

FHE

Frontier Energy achieves key milestone for Waroona energy project

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25