Eight IPOs are scheduled for the week of February 4. The full IPO calendar is available here.
Boise Cascade, L.L.C., (BCC): Wood products manufacturer/distributor. 80% of BCC's sales are from building products distribution, a cyclical and a low margin business. BCC is starting to generate earnings and cash, and there appears to be considerable potential margin leverage as the housing market picks up.
AutoGenomics (AGMX): Molecular diagnostics system. AMGX provides genetic tests primarily for research only purposes. 91% of revenue for the nine months ended September 2012 was from consumables. A major customer purchased consumables from a competitor in the December 2012 quarter, and negatively impacted sales.
ExOne Company (XONE): XONE is a global provider of 3D printing machines and printed products to industrial customers.
The business primarily consists of manufacturing and selling 3D printing machines and printing products to specifications for customers using XONE's in-house 3D printing machines.
National Commercial Bank Jamaica Ltd.(NCJ). Not an IPO. Shares already trade on the Trinidad and Tobago Stock Exchange
Health Insurance Innovations (HIIQ): Web-based health insurance. HIIQ is an online insurance broker/distributor focused on Short Term Medical (or STM) plans. HIIQ believes that ObamaCare's implementation in 2014 is going to increase demand for STMs up considerably.
QGOG Constellation S.A. (QGOG): Deep water drilling. QGOG is a pure play in ultra deep water drilling services, offshore from Brazil. QGOG has had one primary client since 1981: Petroleo Brasileiro SA.
ZAIS Financial (ZFC): Mortgage REIT. ZFC currently primarily invests in, finances and manages non-Agency RMBS and Agency RMBS.
New Source Energy Partners L.P. (NSLP): Oil/gas LP. NSLP expects to pay a 10.5% return at the price range mid-point, but the reserve to production ratio is only 12.3 years.