Collections of Views, Opinions, and Analysis on Indonesian Capital Market by Market Movers, Experts and Forecasters.

Tuesday, April 14, 2009

Goldman Sachs is preparing to do Secondary Offering, Does it mean market peak?

Goldman Sachs is one of the strongest investment banks (albeit forced into becoming FDIC-insured bank) that has merged out from the financial crisis relatively better than its peers. The last time it went public. It was in height of the market. Their timing to put their Initial Public Offering was impeccably accurate.

Will the history repeat itself? Will this secondary offering mark intermediate high of the market?

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