Mexico-based ultra-low-cost airline Controladora Vuela Compañia de Aviación, S.A.B. or Volaris (VLRS) listed its American Depositary Shares (ADSs) on the NYSE on September 18, 2013. The company priced the IPO at $12.00 per ADS for a total of about 26 million shares. Each ADS represents 10 ordinary shares. Here is a brief overview of Volaris: The company …
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In January 2012, I wrote a short article on MTR Corporation, the leading railway operator in Hong Kong. Compared to the subway systems in places like London, New York and Washington DC, MTR seems to the best. The Tube in London is clean but expensive. The DC subway system is clean but stupidly complex with its …
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Small investors will wait a year to join in Lloyds’ privatisation after Treasury announces £3.2bn sale of shares to the City (This is Money) The FTSE stocks you can depend on for dividend growth (Trustnet) Germany’s ‘accidental empire’ (Social Europe Journal) Euro crisis could return this fall (Deutsche Welle) Who’ll benefit from China? (The Asset) Irish recovery underway, …
Continue reading ‘Knowledge is Power: California, Accidental Empire, Irish Recovery Edition’ »
Here is an interesting infographic on the daily life of an aircraft: Click to enlarge Source: Egencia.com
Lima,Peru-based Grana y Montero is the latest Peruvian company that started trading on the NYSE on July 24th, 2013 under the ticker GRAM. This holding company operates in four business segments: Engineering & Constructions, Infrastructure, Real Estate and Services. The company’s successful IPO raised about $413 million by selling about 19.5 million ADS (American Depository Shares) …
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