Weber going public with $1B IPO

[MoparProud]

I'm stoked. I just got into the stock market this year and at minimum I can keep my eye in this and learn from it. Best case scenario I make a few bucks and get to vote on what direction the company goes.


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No offense intended, but I'm not sure you understand how the stock market works. You, as a small fish in a very big ocean, get zero votes.


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[avega2792]

I'm stoked. I just got into the stock market this year and at minimum I can keep my eye in this and learn from it. Best case scenario I make a few bucks and get to vote on what direction the company goes.


Sent from my iPhone using Weber Kettle Club

No offense intended, but I'm not sure you understand how the stock market works. You, as a small fish in a very big ocean, get zero votes.


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Then explain to me why I get to vote on issues as a shareholder from other companies I've invested in?


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[JEBIV]

I'm stoked. I just got into the stock market this year and at minimum I can keep my eye in this and learn from it. Best case scenario I make a few bucks and get to vote on what direction the company goes.


Sent from my iPhone using Weber Kettle Club

No offense intended, but I'm not sure you understand how the stock market works. You, as a small fish in a very big ocean, get zero votes.


Sent from my iPhone using Weber Kettle Club

Then explain to me why I get to vote on issues as a shareholder from other companies I've invested in?


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pretty sure they will be voting shares !!

[pbe gummi bear]

This ABSOLUTELY does not mean things go to shit, or product declines in quality. It's already owned by the worst kind of ownership, so really it can only go up.


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I disagree here. Quality can still go down significantly for short term profitability. To be honest, I'm not super optimistic about it from an enthusiasts perspective. It also seems like Weber would be a target for acquisition for a home appliance/electronics company like a Whirlpool/BSH/LG looking to expand/diversify hard goods manufacturing capabilities or quickly get into the outdoor cooking products market.

[pbe gummi bear]

Does anyone (with more stocks experience than me) know how we can watch for this to open so we can buy in from the beginning? It would be great if anyone has insight on how we can buy this and could post a how-to for us less informed!

@saxart you may also be interested in reading the Weber S-1 SEC filing which gives information on the operations of the business, financials, and product strategy.  https://sec.report/Document/0001193125-21-212480/

[saxart]

you may also be interested in reading the Weber S-1 SEC filing which gives information on the operations of the business, financials, and product strategy.  https://sec.report/Document/0001193125-21-212480/

Thanks Gummi!!!!

[pbe gummi bear]

Here's a decent article on the handful of BBQ related IPO's this season. https://www.google.com/amp/s/www.forbes.com/sites/pamdanziger/2021/07/20/in-battle-for-the-barbecue-weber-traeger-bbqguys-and-solo-stove-plan-ipos/amp/

[BigEasy]

Treager opened Wednesday and I bought in at $22.00.

When I talked to my broker I asked him about Weber. After he talked to his trader and made the deal he called me back to confirm. He told me that the trader thought Weber would hit the market sometime the week of 8/2.

We shall see?

[pbe gummi bear]

Treager opened Wednesday and I bought in at $22.00.

When I talked to my broker I asked him about Weber. After he talked to his trader and made the deal he called me back to confirm. He told me that the trader thought Weber would hit the market sometime the week of 8/2.

We shall see?

Cool to see it up 20-25% one week in.

This article was pretty interesting for those looking for a more detailed financials perspective. https://www.marketwatch.com/story/grill-companies-weber-and-traeger-are-going-public-during-summer-outdoor-cooking-season-data-shows-one-has-the-financial-edge-11627581970?mod=mw_quote_news

[michaelmilitello]

Weber prices below expectations as grill maker downsizes its IPO

https://www.foxbusiness.com/markets/weber-prices-below-expectations-as-grill-maker-downsizes-its-ipo

The stock closed at $16.49 on its first day of trading.


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[Raindog]

I'm in. First order of business is getting rid of the tacos. When do we vote? 

[Dave in KC]

I threw in a little pocket change yesterday.
What the hell .... dance with the one that brung ya.