Gree and Paperboy stocks trade much above IPO prices

Gree (TSE:3632) and Paperboy (JASDAQ:3633) went public on December 17th and 19th respectively as we reported before. Gree’s IPO price is 3,300yen ($33) per share. On 17th, Gree stock opened with 5,000yen ($50), and closed with 4,800yen ($48). Its market capitalization, 107 billion yen ($1B), is larger than Mixi (TSE:2121). Gree issued 1.2 million new… Continue reading Gree and Paperboy stocks trade much above IPO prices

So-net M3 – a community site for doctors

So-net M3 (TSE:2413) is a very profitable and unique company which is providing a community site ‘m3.com’ exclusively for medical doctors. Doctors are restricted by confidentiality, so they cannot use typical community sites to share information about their professional life or skills. M3 provides them with a bulletin board service. M3 has 390,000 registered medical… Continue reading So-net M3 – a community site for doctors