GEO Monitor Lite (FREE) – The Leader in Global IPO Research
We are pleased to announce the launch of a new GEO Monitor Lite service. Qualifying institutional users now have free access to the Lite version of the GEO Monitor Calendar, the most comprehensive global IPO tracker available in the market. GEO Monitor Lite provides users with key deal information on all global IPO’s with proceeds >$50mn. Users can filter IPO’s by country, sector and size and will also have an option to receive an updated calendar by email every week.
The full GEO Monitor service is still available for upgrade
Global Equity Offerings (GEO) Monitor tracks global IPO activity. GEO Monitor™ is the only comprehensive source of homogeneous, detailed research on global IPO’s and provides you with eight key deliverables:
- Weekly IPO Calendar: identifies the companies that have announced the intention to go public, scheduled date of pricing and the date they expect to begin trading in the public market.
- Newsflash service: provides daily up-to-date news flow on all companies in the IPO calendar, as well as identifying any new announcements or withdrawals.
- Preliminary IPO research reports with subscription recommendations.
- Financial Models, allowing you to flex our assumptions.
- All translated materials (if not originally in English language), including the IPO Prospectus.
- Access to the analyst.
- Calendar and reports available "pull" (on website) or "push" (by email), based on personal alert preferences.
- Our performance track record is available on the website.
The Reports can be purchased individually or by subscription. Contact us to arrange a trial, free of charge.
for more information and never miss another IPO opportunity again.
Weekly Highlight
Gujarat Pipavav Port Limited (GPPL) was formed in August 1992 to develop and maintain the port of Pipavav, located in western India.We expect the company to continue increasing the utilization of its available capacity and benefit from the improving Indian economy, leading to strong growth in revenues over the coming years. As more than 70% of the company's operating costs are fixed in nature, the company's earnings and profitability will improve significantly with rising economies of scale. Partial repayment of debt from the offer proceeds and renegotiation of existing debt at lower interest rates will further boost the company's bottom-line performance and cash flow generation. Moreover, the IPO has been priced close to the cost at which the existing owners acquired the controlling stake.
GEO Monitor Performance.
The GEO Monitor SUBSCRIBE model portfolio has outperformed the benchmark for all 1, 5, 10 and 30 days investment strategies, for 141 IPOs since Nov'07, as shown below:
| Results across 141 IPOs analyzed | 1 day | 5 days | 10 days | 1 month |
| Average return of SUBSCRIBE recommendations | 13.7% (83 IPOs) |
11.5% (82 IPOs) |
15.5% (81 IPOs) |
15.9% (79 IPOs) |
| Sharpe ratio of SUBSCRIBE recommendations | 2.03 | 1.71 | 1.42 | 1.05 |
| Average return of AVOID recommendations | (0.5%) (58 IPOs) |
(0.6%) (57 IPOs) |
(0.4%) (54 IPOs) |
(3.3%) (50 IPOs) |
| Average return of ALL researched IPOs – Benchmark Universe | 7.8% (141 IPOs) |
7.0% (139 IPOs) |
9.4% (135 IPOs) |
8.6% (129 IPOs) |
| Sharpe ratio of ALL researched IPOs | 1.46 | 1.23 | 1.02 | 0.64 |
| Alpha generated (SUBSCRIBE model portfolio vs. benchmark) | 6.0% | 4.5% | 6.1% | 7.2% |
Results are equally compelling based on the monthly returns generated since Nov'07:
| Monthly Results (32 months) | 1 day | 5 days | 10 days | 1 month |
| Average monthly return of SUBSCRIBE recommendations | 46.9% | 39.3% | 53.0% | 54.2% |
| Annualized Sharpe ratio of SUBSCRIBE recommendations | 2.04 | 1.93 | 2.03 | 2.37 |
| Average monthly return of ALL researched IPOs – Benchmark | 43.8% | 39.2% | 50.8% | 44.5% |
| Annualized Sharpe ratio of ALL researched IPOs | 1.98 | 2.08 | 1.93 | 2.24 |
| Alpha monthly (SUBSCRIBE model portfolio vs. Benchmark) | 3.1% | 0.1% | 2.2% | 9.7% |
These returns are based on real recommendations. IIR is a research provider and not a fund, and without actual investment certain assumptions have been made in our performance calculations. We believe these assumptions are reasonable – please look at the attached analysis and methodology. You are also welcome to discuss these results with our performance analyst.
You can download the full performance spreadsheet here.
Click here to see the methodology and disclaimer for this model portfolio.
