Right now for companies there was the best time to access the stock exchange and primary placement of shares (IPO), since an unprecedented excess money was formed in the world. About this in an interview with RBC told the head of the Herman Gref.
According to him, lately, “everything is for sale, and sold with some insane multipliers,” because investors are ready to buy any assets. Gref noticed that if he had a company, he would have used this chance.
At the same time, the banker called on investors to be careful, because this time is very suitable for bad companies. In his opinion, the “big bubble” was already inflated on the market, and it remains only to wait when it burst.
At the same time, the head of the Sberrium believes that the Russian market does not threaten the fall, because he does not overheat, with the exception of some companies. As for the American, first of all, the serious correction expects technological companies that have risen in price and beat all capitalization records.
In the same interview, Gref proposed to change the budgetary rule, within which excessive revenues from the sale of oil and gas fall into the National Welfare Fund (FNB). In his opinion, the only logical reform could increase the frequency of fund transfers – more than once a year, and once a quarter.
Earlier it was reported that the founders of the Russian network of stores FIX Price – Sergey Lomakin and Artem Khachatryan – became dollar billionaires after the company’s release on the IPO. When placed on the London Stock Exchange, investors rated a company of 8.3 billion dollars.