minimum set of forecast data in the issue prospectus may include revenue, net profit or loss, net profit per share, and indonesia telegram data return on equity. Issuers can provide all figures in the range of values, the width of which can be set by the regulator, Abasheeva added.
horizon is important. The Central Bank is aware of cases when an issuer in advertising brochures indicated potential growth of 40%, 100% – but it is unclear on what time horizon. Therefore, the Bank of Russia proposes to make the forecast horizon mandatory for at least one year, but issuers can choose a longer period.
The same time, responsibility
for forecasts does not go away, Abasheeva emphasizes. “If you include knowingly false information in the prospectus, deliberately mislead investors, then you must be aware of your responsibility for this,” she explained.
Analytical reports from professionals
According to Ekaterina Abasheeva, this point has caused some concerns among market participants. The main argument against an independent assessment was that there are currently not enough what type of content can be effective for my audience? analysts on the market who can cover the IPO market, she says. However, from the ao lists regulator’s point of view, this is a question of chicken and egg: if there is demand for analytical reports, there will be analysts.