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HOT - HotCopper Holdings

Discussion in 'Stocks 0-H' started by Banners, Feb 9, 2016.

  1. Banners

    Banners

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    HotCopper has planned to list on the ASX this year.

    What are your thoughts on that?
     
  2. Tyler Durden

    Tyler Durden

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    Re: HOT - HotCopper to list on the ASX

    lolll are they serious??
     
  3. Gringotts Bank

    Gringotts Bank

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    Re: HOT - HotCopper to list on the ASX

    All revenue would be via ads, wouldn't it? The average HC users seem unaware that you can block every single one of those revenue-raising ads, or even rearrange entire layouts of websites with something like Greasemonkey.
     
  4. System

    System Administrator

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  5. notting

    notting

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    Re: HOT - HotCopper to list on the ASX

    If only we could short it from the float.
    It will go like a sinker tossed in a pool.
    No one wants to offer up sure things.
     
  6. skc

    skc Goldmember

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    Re: HOT - HotCopper to list on the ASX

    As mentioned on the bottom of that AFR article, Hotcopper was actually listed back in the 1999 shortly before the dot com bust.

    Incidentally, it was actually the first share I've ever purchased via IPO. I didn't know anything about the markets at the time, but any new floats remotely related to the internet just kept going up. So I bought a $2k parcel using one of my first paycheques.

    It did pretty good to start, and it was taken over by a company called Bourse Data, something like 3 months after listing. I think it was the quickest takeover since a float at the time. The takeover was script based and it was worth ~2x the float price. I held onto my Bourse Data stocks (again, no idea what they really do or what their financials were), until it was taken over by St George bank (this time with cash) at a substantially lower price.

    It will be interesting to see how this company works in the listed space.

    You can discuss Hotcopper on Hotcopper... how will that affect the crowd behaviour? Will moderators censor negative posts? Will the float be available to members? Will the sales pitch simply be "Choo Choo Choo"? Will there be a $2 party pre-organised? So many questions...
     
  7. notting

    notting

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    Re: HOT - HotCopper to list on the ASX

    They have a huge pool of half wits who will buy buy buy and lose lose lose.
    That's my take.
     
  8. systematic

    systematic

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    Re: HOT - HotCopper to list on the ASX

    I just wouldn't have thought a forum would be a float-able(?) business? Obviously I'm way off.
    Hey Joe...maybe you'll get some buyout offers down the road!
     
  9. notting

    notting

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    Re: HOT - HotCopper to list on the ASX

    Anything is floatable if it obeys the float rules and has enough suckers wanting to buy it.
     
  10. Gringotts Bank

    Gringotts Bank

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    Re: HOT - HotCopper to list on the ASX

    Yes and yes. Goblin has landed the head marketing job, so expect annual reports to have a fruity flavour.

    This thing is going to the moon. Back the truck up. I'm holding for the long term. Get on board the HC train.
     
  11. Smurf1976

    Smurf1976

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    Re: HOT - HotCopper to list on the ASX

    Perhaps Joe should start a rumor about floating ASF.

    Then we just start a thread on HC to discuss the possible ASF float, pointing out advantages of ASF over other forums, saying that it has a better quality of posts and so on.

    Then Joe decides that with all the extra members of ASF generated by this act of publicity on a rival forum that he's not going to float it after all and will instead retire with the profits.

    :p:
     
  12. galumay

    galumay learner

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    Re: HOT - HotCopper to list on the ASX

    I have been trying to think of something to post about HOT listing on the ASX, but, honestly, I got nothing!
     
  13. peter2

    peter2

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    Re: HOT - HotCopper to list on the ASX

    The private equity firm handling the HC float will consolidate all the stock forums into one massive Aust wide forum by giving equity to all the stake holders. The PE firm will market and advertise the heck out of the public float in all forms of social media. The demand for the small number of tightly held shares will be enormous. They'll IPO at a huge premium. All equity holders are prevented from selling for six months. ASFers will short the heck out of them through CFD providers. ASFers will get sick of the average HC posts and join another small forum startup formed by Little Joe. Our Joe sits on a huge equity stake that is losing value daily (even though the ASX is in a strong bullish rally). Joe signed a non-compete clause with a two year period. He jumps on board the QE2 for a six month round the world holiday waiting to sell his HC equity and resume his business interests with his second cousin Little Joe.
     
  14. VSntchr

    VSntchr

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    Re: HOT - HotCopper to list on the ASX

    Perfect!
     
  15. Tyler Durden

    Tyler Durden

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    Re: HOT - HotCopper to list on the ASX

    LOL!

    They already censor a lot, apparently the freedom of speech doesn't apply there.
     
  16. MrBurns

    MrBurns

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    Re: HOT - HotCopper to list on the ASX

    No sorry, whats the expected return ?

    Forget it :rolleyes:
     
  17. Joe Blow

    Joe Blow Administrator Staff Member

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    Re: HOT - HotCopper to list on the ASX

    More: https://au.news.yahoo.com/thewest/wa/a/31364637/hotcopper-re-floats/
     
  18. Shiner219

    Shiner219

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    Cant remember my password...so just made a new account. Might have dropped off since moving overseas?

    You'd have to be nuts to invest in HC as a financial investment.
    Its only a matter of time before they get a lawsuit against them.

    They do so much, that it would only take one irritated member/user to complain about....and they are in deep trouble.

    They blatantly flaunt the Privacy Act....that's one example.
    They publicize that a member has been suspended. (Might have been deserved, might not), but you cannot make public, any consequential action taken against an individual, what that action is/was, and then make it public. Imagine if your teleco provider disconnected you...then put a voice message on your line saying, this number is disconnect because the bill wasn't paid...LOL.

    I've noticed to, they not only moderate posts, they moderate and remove posts, which leaves you wondering what they are doing and why...removing records date/times.

    I've had a running commentary. You cant talk about it online, you are directed to support...you go to support, and you get banned for pointing out the failings...LOL - Yes, ask me.

    The inconstancies of moderation (who gets what)...is so whimsical...I've seen some beauties, report, nothing happens...then a small misdirected post gets the sledge-hammer.

    Its quite sad they've taken a backward step...and are not more open...such as like some big major brands and the way they manage Facebook etc....they cant remove post, no matter how bad or brand damaging, until their legal has reviewed it.

    Far better options here.

    I personally doubt they are a forum, as much as they are an organized syndicate of rappers with cooperative financial agenda (but that's only my opinion)...much the same as others here.

    Some posters used to provide some good info, but those posters were few and far between.

    So Yep, I agree with other posts here.
     
  19. Lomu

    Lomu

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    Agree with all of the above.

    I'm a member of HC, have been for a year or two. There was a thread about their upcoming IPO, and I mentioned that I didn't actually see any ads on the HC site as I had an Ad-blocker installed. Next morning, I wake up to a message from a moderator that I'd received a six-month ban from the site, simply for mentioning the fact that I'm using an Ad blocker!

    Any thoughts I may have had about investing in the IPO were immediately shot to pieces. I find the moderation policies on that site to be somewhere beyond disgraceful. There are serial trolls on threads who don't hold any stock; have no intention of ever holding the stock- and they spend all day bagging out the posters who have invested in it. And what do the moderators do? Absolutely nothing. The trolls have free rein to start flame wars, be abusive and threatening towards other posters with the full knowledge that the mods simply will not intervene.
     
  20. Porper

    Porper Ralph Nelson Elliott

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    It's only ever been about the number of posts on that site. More posts=more revenue. I haven't been on for years but for every one poster that new what they were doing, there were a 1000 that posted absolute drivel. It's in the moderators interest to allow the trolls to continue to keep the post rate up. Should be closed down...but will never happen.
     
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