Canadian Personal Finance Blog

Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View
June 20th, 2007

LuLuLemon IPO?

I keep reading about this, yet I do not read much more about it (you know not much is going on when one of my posts is on the first page of the Blog Search for Lu Lu Lemon). I read an article this morning saying that it was coming soon, but then again, I have been reading that for a while (since May 1st). Oh well, I am just curious to see if this is a BIG thing or a small thing. A good outline of the IPO for LuLu Lemon . The initial share price is going to be between $10 and $12 (US I assume), and 18 million shares will be available, so when do we see it “come out of the box”?

Great minds think alike and thanks to my Tax Freedom Day posting yesterday, I now see that Canadian Capitalist is on the bandwagon. He points out that we are highly taxed, which is very true (IMHO), but in the words of Tony Soprano, “What are you gonna do ’bout it?”.

I got an invitation from my local MPP to meet Jim Flaherty (current Federal Minister of Finance), but since it would cost me $250 to do it, I think I am going to pass on that opportunity. Jim, if you could comp me some tickets, I’ll drop by and we can discuss Flat Taxes and Household Income Taxes as well, it’ll be worth your while! Why are you pushing a provincial Tory Jim?

Mortgage rates dropped a little, but only for short term ones and only in very specific areas. I doubt this means the banks think the interest rates from the Bank of Canada aren’t going up, just that it might not be going up as much as they guessed previously

Related Stories:

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Initial Public Offerings Explained
IPO for Pzena Investment Management
Stock Lingo, IPO Lock-up
Read more on Initial Public Offering (IPO) at Wikinvest

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2 Responses to “LuLuLemon IPO?”

  1. Canadian Capitalist Says:
    June 20th, 2007 at 1:05 pm

    What bandwagon are you talking about? This is the third Tax Freedom day I’m blogging about :)

  2. Big Cajun Man Says:
    June 20th, 2007 at 1:15 pm

    He, he, he, indeed, just making sure you were still reading :-)

    I was more impressed to see other folks had figured this out too!

    –C8j

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