{"id":3422,"date":"2017-11-10T11:51:53","date_gmt":"2017-11-10T16:51:53","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3422"},"modified":"2017-11-10T11:51:53","modified_gmt":"2017-11-10T16:51:53","slug":"mpm-holdings-mpmh-preview","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/mpm-holdings-mpmh-preview\/","title":{"rendered":"MPM Holdings $MPMH Preview"},"content":{"rendered":"

\"MPMHoldingsLogo\"<\/a><\/p>\n

Company: MPM Holdings<\/strong>
\nSymbol: MPMH
\nDescription: Momentive is one of the world\u2019s largest producers of specialty silicones and silanes and a global leader in fused quartz and specialty ceramics products.
\nShares: 14.6 million
\nPrice Range: $23.00-$25.00
\nTrade Date: 11\/16
\nUnderwriter(s): J.P. Morgan, Goldman Sachs & Co.
\nCo-Manager(s): Citigroup, Credit Suisse, Deutsche Bank Securities, UBS Investment Bank, BMO Capital Markets, Wells Fargo Securities
\nTerms Added: 11-6-17
\nNote: Their common stock is currently quoted on the OTCQX Marketplace under the symbol MPMQ.<\/p>\n

Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n

Link to Retail Roadshow<\/a><\/strong><\/p>\n

Business<\/strong>: Momentive is based in Waterford, New York and has a long track record of creating innovative products and solutions designed to meet the complex requirements of our more than 4,000 customers in over 100 countries. Their\u00a0strategic network of 24 production sites and 12 R&D facilities supports their global leadership positions and facilitates their\u00a0ability to serve their blue-chip customer base across a diverse array of consumer, automotive and various industrial end-markets.\u00a0They have invested significantly to develop and enhance our innovative and differentiated specialty product portfolio to address the evolving demands of the markets we serve and to maintain alignment with global megatrends.<\/p>\n

Financials:\u00a0<\/strong>Their net predecessor and successor net sales were $2.36 billion, $2.40 billion, $2.47 billion, $2.29 billion and $2.23 billion and their net income (loss) was ($365 million), ($464 million), $1,625 million, ($83 million), and ($163 million) in 2012, 2013, 2014, 2015 and 2016, respectively.<\/p>\n

Net revenues, net loss and Segment EBITDA (a\u00a0non-GAAP\u00a0financial measure) for the nine months ended September\u00a030, 2017 were $1,732\u00a0million, $19\u00a0million, and $210\u00a0million, respectively, and for the year ended December\u00a031, 2016 were $2,233\u00a0million, $163\u00a0million, and $238\u00a0million, respectively. For the last twelve months ended September\u00a030, 2017, Momentive generated $2,276\u00a0million and $275\u00a0million of net revenue and Segment EBITDA, respectively, representing a Segment EBITDA margin of 12%.<\/p>\n

\"MPMHoldingsFinancials\"<\/a><\/p>\n

Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the bkost critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n

IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n

Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, we have our latest performance results with commentary from the month of May\u00a0by\u00a0<\/span>clicking here<\/span><\/a>.<\/span><\/p>\n

Indicate with confidence,\u00a0<\/b>SUBSCRIBE<\/b><\/a>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Company: MPM Holdings Symbol: MPMH Description: Momentive is one of the world\u2019s largest producers of specialty silicones and silanes and a global leader in fused quartz and specialty ceramics products. Shares: 14.6 million Price Range: $23.00-$25.00 Trade Date: 11\/16 Underwriter(s): J.P. Morgan, Goldman Sachs & Co. Co-Manager(s): Citigroup, Credit Suisse, Deutsche Bank Securities, UBS Investment[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[1],"tags":[],"class_list":["post-3422","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=3422"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3422\/revisions"}],"predecessor-version":[{"id":3425,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3422\/revisions\/3425"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}