In my opinion, this is a very expensive IPO. I do not want to pay $18 for shares currently worth just over £3 (see my comments in the Readers' section).
I feel NXP is a company trying to get investors to pay off their debts and give back a less than proportionate share of the company to the investors. Why would any investor want to pay 6 times the worth of an investment.
Furthermore, NXP's Operational costs are really high and it can't seem to earn any money. This is why they are divesting a number of operations in an effort to trim costs (but these cuts will reduce revenues as well).
Nevertheless, I would not want to gamble on whether they would get it right because at the current IPO price of $18, I would only expect to make 2.2% on my investment if they could somehow earn $100 million in the next financial year. But the thing is - they are losing money right now and I doubt if that will change soon.
There was a huge effort by NXP fellows to improve and get a better picture at the end of the H1 in order to show bigger value of co. to possible buyers, i doubted indeed they would offer 1B$ share despite wanted to decrease debts with such rumors, and exact realities at the end. ~700K$ is something ok but value between $18 and $21 each is some kind of humble one, however there is the KKR & dept reality in the middle.
No matter what happened so far spin-offs, shrinking etc. NXP is still big still strong company. Especially thanks to 2010 boom which helped them to pursue bigger market share at MMS and Automotive chips where they made wise desicions when everybody tended to squeeze capacities. As like freescale as like infineon as like fairchild they had, having bad times but future is gestate for unification/ or dispossession
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.