Gamasutra Wrote:Seoul-based online game publisher Nexon is heading for an initial public offering on the Tokyo Stock Exchange next month, according to media reports. Japanese business newspaper Nikkei, as translated by TechCrunch, is reporting that the company is aiming to raise ¥100 billion ($1.3 billion) in total as part of the IPO. This would make Nexon's IPO the biggest that Japan has seen this year. Companies that will reportedly manage the offering include Nomura Securities, Morgan ...

BitchenCamero Wrote:Wow. I am going to try and get in on this (even though fidelity is funny about letting me buy IPOs). For as many flaws as Nexon has they have someone throwing money at them for thoose virtual goods. Also I imagine that thier facebook games are generating some decent profits.

Onion Knight Wrote:Saw the truncated title on the index "Report: Nexon To File $1.3B...", expected "lawsuit" to be the next word.

Onion Knight Wrote:Saw the truncated title on the index "Report: Nexon To File $1.3B...", expected "lawsuit" to be the next word.

Flonne Wrote:Although, question, would owning a portion of their stock give a person rights as a shareholder when it comes to their player account? As in, would they be forced to actually LISTEN to us? If that were the case...

Flonne Wrote:Although, question, would owning a portion of their stock give a person rights as a shareholder when it comes to their player account? As in, would they be forced to actually LISTEN to us? If that were the case...

SaptaZapta Wrote:I wish Nexon America would go public, then they'd have to stop with their gold bathtubs or w/e the hell they're doing with their profits instead of hiring people to improve the customer experience.

Quote:There are several benefits to being a public company, namely:

• Bolstering and diversifying equity base
  
• Enabling cheaper access to capital
  
• Exposure, prestige and public image
  
• Attracting and retaining better management and employees through liquid equity participation
  
• Facilitating acquisitions
  
• Creating multiple financing opportunities: equity, convertible debt, cheaper bank loans, etc.
  
• Increased liquidity for equity holder
  

XTOTHEL Wrote:How many of those apply to nexon? F3

SaptaZapta Wrote:Does owning stock in Ford give you any special rights regarding your car (assuming it is a Ford)?

You could come to shareholder meetings and vote your share. Suppose you bought $1K of those $1.3B, you'll have just about, let me see... approximately... no say whatsoever in what the company does.

Nexon being publicly traded does help us in that they have to be far more open about what they're doing and planning to do. Unfortunately, this is Nexon Korea. We know they do invest quite a bit back in the product(s). I wish Nexon America would go public, then they'd have to stop with their gold bathtubs or w/e the hell they're doing with their profits instead of hiring people to improve the customer experience.

Eos Wrote:Not really, no.
If you owned a significantly large portion, perhaps, or if you brought a class action suit forward as a stockholder claiming that their poor business practices were damaging the value of the stock and needed to be addressed, possibly.

Neither would be easy. If you had that kind of money and clout you could probably already have options.

XTOTHEL Wrote:Southperry should start buying shares!