Valdis Siksnis, chairman of the board of INDEXO, is a guest in the latest episode of the Investors Club podcast. The main topic of the podcast is, of course, the capital raising round. Accordingly, we discussed how INDEXO has gone so far and what are the future plans.
In the first part of the episode, we discussed how INDEXO has fared since going public, both from the point of view of financial results and evaluating the share price.
In the continuation of the conversation, the readiness of INDEXO for the launch of the bank, the licensing process, public sentiments and openness to a new bank, as well as the offer of the bank’s range of services over time, were discussed.
In the third part of the conversation, we talked about why the price of 12 euros per share was set, about the distribution of shares among investor applications, about valuation and dilution.
The most important stops:
01:10 Kaspar’s additional disclaimer
02:20 How has INDEXO fared since entering the stock exchange?
04:10 How active are private investors?
07:30 How does Valdis assess the share price dynamics since the IPO?
10:15 Kaspar’s comment on the dynamics of the INDEXO share price
11:40 Do pension business indicators match the previously set goals?
14:50 Sales team size, costs and pension business profits
19:25 What is the readiness for launching the bank?
22:00 What does the licensing process look like now and how significant is the share buyback risk?
25:50 is a very favorable moment for starting INDEXO bank
27:35 On support for mortgage borrowers decided by politicians
29:50 What services will INDEXO start providing immediately after the bank’s launch?
34:00 How did you arrive at the price of 12 euros per share?
36:25 Is the price fair to previous investors?
37:15 Are there plans to attract additional capital in the coming years?
39:55 Kaspar’s valuation calculation, Valda’s comment on it
44:20 Distribution of shares – who will have priority?
48:50 About dilution and how many shares you need to buy to keep your share
50:00 Valda’s closing words and invitation
2023-12-11 15:15:28
#step #establishment #INDEXO #bank #Valdis #Siksnis #Investor #Club #podcast
