One-2-One debut gets an all round thumbs up

The price of the company's shares at the opening of the session amounted to zl.26.90 as compared to the issue price of zl.10. The price then fell but it totaled zl.15.50 at the close of trade which means investors earned 55% on the shares. According to independent analyst Rafal Salwa, One-2-One is the best company floated on the bourse by IDM brokerage company. "Such a successful debut was the result of the high reduction on the primary market and the indications for a successful development of the company," he said. One-2-One managed to raise zl.11.7 million from the issue and plans to spend zl.9 million on establishing a group of companies in the region. "We are planning two or three transactions within 18 months,"declared One-2-One's president Tomasz Dlugiewicz. At least one of the transactions is to take place in Q4 and it will concern a company from the same sector, probably from the Czech Republic. In 2006 the net profit of the One-2-One group is to increase to zl.1.5 million from almost zl.560,000 in 2005. (Puls Biznesu, p. 11) E.B.