Korean Boy Band IPO Jumps 91% – What’s Next?

Daily Profit Investing Research Stock Market
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boy bank IPO

It’s the latest sign of the huge IPO boom . . .

The world’s biggest boy band just launched a huge IPO with 91% gains.

Go here to discover my #1 upcoming IPO for 839% profits.

So, how exactly does a pop music band go public?

Big Hit Entertainment is the management company behind the biggest pop music sensation.

The band is named BTS. It was the first Korean band to top Billboard’s Hot 100 chart. And last year the band earned $170 million touring.

Big Hit Entertainment just went public in an IPO.

The company discovers music talent at an early age. And spends up to $100,000 on training and development of each potential star.

The pop band BTS is responsible for 90% of Big Hit Entertainment’s revenues.

The boy band IPO raised $840 million from investors. And the boy band IPO transaction valued the company at $4 billion.

The 91% jump in Big Hit Entertainment stock means the company is now valued at nearly $8 billion.

That’s a huge price tag for a music and entertainment company.

For comparison, Warner Music Group is worth $15 billion. And concert event company Live Nation Entertainment is valued at $12 billion.

Big Hit Entertainment turned a profit of $86 million last year. That means the company trades at approximately 93-times last year’s earnings.

The boy band IPO was oversubscribed by individuals and institutional investors. Individuals placed orders for 600-times the available number of shares. And institutional investors were even more interested – with demand for 1,100-times the available shares.

Each of the seven band members received 68,000 shares of stock in the boy band IPO. And after the opening day pop – those shares were worth $16 million.

This South Korean boy band IPO is the latest signal that investors are hungry for new growth stocks.

It also shows that it’s impossible to actually get IPO shares – BEFORE a stock opens for trading.

That’s why I’m so thrilled to share the billionaire’s Pre-IPO secret.

It’s being used by Amazon founder Jeff Bezos. Microsoft Chairman Bill Gates and Silicon Valley insiders including Peter Thiel, Reid Hoffman and Marcus Pincus.

Today you can use this same secret to secure Pre-IPO shares of the next 454% biotech winner . . .  and even shares of the next Tesla Motors for 839% gains.

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Yours in Wealth,

Ian Wyatt

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