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Merryn Somerset Webb

πŸ‘€ Speaker
2536 total appearances
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Appearances Over Time

Podcast Appearances

Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

Welcome to Merrin Talks Your Money, the personal finance edition of Merrin Talks Money.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

In these bonus podcasts, we talk about the best strategies for making the most of your money.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

I'm Merrin Zumset-Webb, Bloomberg UK Money Editor-at-Large, and with me today is Anna MacDonald, Investment Strategy Director at Hargreaves Lansdowne.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

Welcome, Anna.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

Thank you very much for having me, Merrin.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

It's a pleasure.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

We haven't had you on for a while, but regular listeners will know that you have been frequently on and also have appeared at our Friends show.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

And anyone who's listened to those recordings will know that Anna is expert on almost everything.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

But today we're going to go, we're just going to talk about one small thing or rather one absolutely huge thing.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

I've asked you on how to talk about the SpaceX IPO and what it really means for ordinary investors who an awful lot of them have had a go at getting a piece of this largest IPO ever, right?

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

I mean, I've heard from

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

It's some of the retail platforms that they've seen multiples of the level of applications they have ever seen for an IPO before.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

Have you seen the same at Hargreaves Lantern?

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

And were most people going for Β£1,000, Β£20,000, Β£50,000?

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

What would it look like?

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

One of the things that is interesting to me is through which wrapper people have been buying SpaceX.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

So I saw from one of the platforms that the majority of people were buying inside their ices and inside their sips.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

It rather suggests that certainly if they're buying them inside their sips, they're not buying them to flip.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

Although possibly if you're buying them inside an icer, you might have thinking you can flip them very quickly and there's no capital gains to pay.

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Merryn Talks Money
The SpaceX IPO: Opportunity or Overvalued?

Where were you seeing people buying in ordinary accounts for long-term wrappers or everything?

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