Privatization of the Française des Jeux, manipulative advertising?

[Christophe]

Beautiful TV ad campaign for the privatization of the FDJ and for those who have not yet seen it:

It's really a beautiful clip, which must have cost a few million ... except that (hey yes ...) the basic humanist message, the redistribution of wealth is automatically canceled (at least in part) by privatization ... The dividends (profits) will be transferred to these new shareholders and no longer to the needy !! With this privatization, we openly laugh at the basic principle defended in the film!

There is no denying that some advertisers are good!

But what does the CSA do?

I would rather not talk about stock market speculation!

More info on the operation:

[Christophe]

I had to place this one:

68740017_652419408611269_6619274756166254592_o.jpg (103.24 KIO) Viewed 4649 times

[Ahmed]

As for Eurotunnel, you really had to be stupid to invest in a hole ...

[GuyGadebois]

Buying La Française des jeux shares is like putting your balls at El Chapo. Games like cocaine are hard drugs. Unclean.

[moinsdewatt]

Well there are 500 French people who succumbed to it.

"Considerable success" for the IPO of the FDJ, the State collects 1,8 billion euros

PUBLISHED ON 20/11/2019 PARIS (Reuters)

The listing of the Française des Jeux (FDJ), the largest privatization undertaken in France for more than a decade, should bring in the State around 1,8 billion euros, announced the Minister of Economy Wednesday, the day before the first day for scoring the national lottery.

Faced with the influx of demand, which totaled more than 11 billion euros, the price of the FDJ's stock market was set at 19,90 euros, at the maximum of the range envisaged. For individuals, who benefit from a 2% discount, the price is 19,50 euros.

"This operation of privatization of the Française des Jeux is a considerable success", declared Bruno Le Maire during a press conference in Bercy, evoking a result beyond the "hopes" of the government.

More than 500.000 individuals participated in the subscription, which led the government to increase the share allocated to them from 33,33% to 40%.

Demand from institutional investors represented more than 10 billion euros.

"The State, the historical shareholders and the French will hold more than 60% of the capital of the Française des Jeux", underlined Bruno Le Maire who also welcomed the positive impact of the operation for the image of the place of Paris.

The IPO, which is the most significant that the Paris market has known since that of Amundi in 2015, will make it possible to add a public fund intended to finance innovation to the tune of 1,8 billion euros.

By integrating the amount of a 380 million euro balance that the FDJ will have to pay to the State in return for the extension of its monopoly, the State should in total pocket more than two billion euros.

FDJ stocks will begin trading for the first time on Thursday.

https://www.usinenouvelle.com/article/- ... os.N905799

[Forhorse]

Do not dream, when a privatization or an IPO is offered to individuals is that the investment is bad. If the return prospects are good, it's the big banking groups and the like who keep the stocks and you do not hear about them ...

[moinsdewatt]

Do not dream, when a privatization or an IPO is offered to individuals is that the investment is bad. If the return prospects are good, it's the big banking groups and the like who keep the stocks and you do not hear about them ...

Well, they had about half of it for acquisition.

[GuyGadebois]

Beautiful TV ad campaign for the privatization of the FDJ and for those who have not yet seen it:

When I was little (I was not tall), lottery tickets were called "Broken mouths" and "Broken wings".

https://www.gueules-cassees.asso.fr/les ... _r_23.html

[Christophe]

Are you that old Guy?

Well I see that nobody answers the idea of ​​this subject, namely manipulative / false advertising ...

I must conclude that such ad manipulation does not shock anyone?

[GuyGadebois]

Are you that old Guy?
Well I see that nobody responds to manipulative / false advertising ...

(1961 one of the best vintages of the century for Pinard) ... I don't think less of it.