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Ash4781

Zoopla To Float

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Zoopla intend to float. I had thought Daily Mail group owner more than the approx 50%. On Bbc reported numbers Op profit of £16.2mn on £ 38mn of revenues.

I wonder what the cash required is for?

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Zoopla intend to float. I had thought Daily Mail group owner more than the approx 50%. On Bbc reported numbers Op profit of £16.2mn on £ 38mn of revenues.

There is talk of a valuation of £1bn, so even if that op profit translated to much the same net profit, it would be over 61x. Low yields meaning you'd be hoping for big capital growth - anything sound familiar here?

Bears may enjoy this article http://www.independent.co.uk/news/business/news/zoopla-heads-listings-rush-but-worries-emerge-over-market-conditions-9418073.html

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