Friday, April 6, 2012

OPUS will stock market debut april 10 2012

OPUS will stock market debut april 10 2012, OPUS shares prices prediction, OPUS Group will list on the Australian Securities Exchange next week as it presses ahead with plans to develop its government communications and outdoor advertising businesses.

The diversified Asia-Pacific-based group, which publishes top-secret government documents including the federal budget, recently completed a merger with MPG Printing Ltd, formerly McPherson's Printing Group. OPUS will make its stock market debut at 1100 AEST on Tuesday, with its 53.7 million shares to start trading at $1.48.

OPUS chief executive Cliff Brigstocke said investors liked the company's story and its exposure to Asia.

'The reason that we're going to market next week is because we have demerged McPherson's with MPG entity and it really follows five years of pretty hard work,' Mr Brigstocke told AAP.

'The time is right to take the business to market and continue the journey of growth.'

OPUS has three divisions, including outdoor media, government communications and publishing.

It provides logistics services, content management and hosting and is involved with secure e-commerce platforms as well as traditional print for publishers and government departments.

The company, which has offices in Singapore, New Zealand and Australia, produces and distributes publications and electronic forms of scientific, medical, technical and scholarly journals, loose leaf manuals and education texts.

Mr Brigstocke said OPUS's outdoor media division, which provides billboards and shopping centre advertising, was experiencing strong growth and it was now second to the internet in the media sector.

Outdoor media had escaped the fragmentation seen in the greater media sector as private equity groups bought into some outdoor media players.

Within the government communications sector OPUS had seen the most growth in business services.

'We've brought to bear a lot of options for government so they're outsourcing a lot to us and that includes call centre logistics, warehousing for them, but the fastest growth has been content and multichannel delivery,' Mr Brigstocke said.

This includes hosting web content for federal government departments and conducting security transactions.

Mr Brigstocke said the role of physical publishing and internet publishing was complementary.

'The beauty for us is our DNA is around lower (print) runs and speed and that's how we've positioned the group.'

OPUS also believes its synergy strategies will boost group earnings by 20 per cent. 'Most investors are willing to watch and see us deliver,' he said.

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