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Moving to Dubai with 3 children

Moving to Dubai with 3 children

Old Apr 2nd 2014, 4:35 pm
  #31  
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Default Re: Moving to Dubai with 3 children

Surprised that gems would be selling, they are opening 5 more schools in Dubai, this september
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Old Apr 2nd 2014, 7:33 pm
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Default Re: Moving to Dubai with 3 children

Originally Posted by winter
Surprised that gems would be selling, they are opening 5 more schools in Dubai, this september
I'm not sure they are selling as such.They have been raising a lot of money lately for further international expansion. Perhaps an IPO is on the cards..

Edit: a quick search shows that they have indeed been talking about an IPO for quite a few years and that they last year said that they will make a decision after the current funding round finishes. They wanted to raise $1B..That's a lot of green.

Last edited by norsk; Apr 2nd 2014 at 7:46 pm.
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Old Apr 3rd 2014, 6:11 am
  #33  
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Default Re: Moving to Dubai with 3 children

Ah, schools with a duty to shareholders before pupils. What ****** thought that one up.
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Old Apr 3rd 2014, 6:25 am
  #34  
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Default Re: Moving to Dubai with 3 children

Originally Posted by Eeyore
Ah, schools with a duty to shareholders before pupils. What ****** thought that one up.
every private school in the world?
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Old Apr 3rd 2014, 8:06 am
  #35  
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Default Re: Moving to Dubai with 3 children

Originally Posted by Millhouse
every private school in the world?
So all private schools have been floated, have they?
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Old Apr 3rd 2014, 8:22 am
  #36  
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Default Re: Moving to Dubai with 3 children

Originally Posted by Eeyore
So all private schools have been floated, have they?
I don't recall saying that. But, I'm pretty sure most would rather rather pay profits back to their shareholders (private or public) than not. Unless it's not for profit, or ran as a trust, of course.
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Old Apr 3rd 2014, 1:56 pm
  #37  
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Default Re: Moving to Dubai with 3 children

Originally Posted by norsk
I'm not sure they are selling as such.They have been raising a lot of money lately for further international expansion. Perhaps an IPO is on the cards..

Edit: a quick search shows that they have indeed been talking about an IPO for quite a few years and that they last year said that they will make a decision after the current funding round finishes. They wanted to raise $1B..That's a lot of green.
Not sure what an IPO is? They have opened lot's of clinics here in Dubai, surely their schools must be printing money, apart from the Indian ones, given the number of kids in each school, maybe they are
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Old Apr 3rd 2014, 2:09 pm
  #38  
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Default Re: Moving to Dubai with 3 children

Originally Posted by winter
Not sure what an IPO is? They have opened lot's of clinics here in Dubai, surely their schools must be printing money, apart from the Indian ones, given the number of kids in each school, maybe they are
IPO=Initial Public Offering...
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Old Apr 3rd 2014, 2:10 pm
  #39  
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Default Re: Moving to Dubai with 3 children

Originally Posted by norsk
I'm not sure they are selling as such.They have been raising a lot of money lately for further international expansion. Perhaps an IPO is on the cards..

Edit: a quick search shows that they have indeed been talking about an IPO for quite a few years and that they last year said that they will make a decision after the current funding round finishes. They wanted to raise $1B..That's a lot of green.
I now get what IPO is, why are the general public going to buy shares? Confused ::
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Old Apr 3rd 2014, 2:12 pm
  #40  
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Default Re: Moving to Dubai with 3 children

Originally Posted by winter
I now get what IPO is, why are the general public going to buy shares? Confused ::
Presumably because GEMS' profits are healthy.
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Old Apr 3rd 2014, 2:16 pm
  #41  
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Default Re: Moving to Dubai with 3 children

Originally Posted by OleJanx
Presumably because GEMS' profits are healthy.
Can I get this right, they are not selling outright, they are offering shares in the company?
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Old Apr 3rd 2014, 2:25 pm
  #42  
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Default Re: Moving to Dubai with 3 children

Originally Posted by winter
Can I get this right, they are not selling outright, they are offering shares in the company?
As Norsk wrote "Perhaps an IPO is on the cards." Nothing too clear at the moment, but say, selling 49% to raise some moolah whilst keeping a majority.
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