Tuesday, February 15, 2005
6 questions to ask before buying Jet's IPO
Everyone is talking about it.
In the midst of higher oil prices and intense competition eating into net profits, Jet Airways is the first airline company to hit the market with an initial public offering on February 18.
Here are six questions to ask before you bite the bullet:
As an investor look carefully at these six issues before jumping on the Jet IPO bandwagon.
If you want to get into the IPO and exit quickly, go for it.
Investors can hope to make 15% to 20% on listing. Or, if you do believe in Jet's strong fundamentals, solid business plan, ability to take on competition, consider it for the long term.