IPO advice request

[Turd in the sandbox]

Hello WestJetters!

I was hoping to get some sage advice from some people who have been where I am today. I am a Canadian working overseas for a LowCost carrier in the Middle East. Our company, which has been around since 2003, is about to issue an I.P.O. after 3 consecutive years of profitability. We currently have 8 aircraft with a target fleet of 35 in the next few years. They are offering to allow us to purchase shares for .33 CAD through a Co-Founder Special Purchase Vehicle Company. My question is....would you recommend buying into this sort of plan that has a restriction of not being able to sell for a period of 2 years? What are the pitfalls and risks of this type of offering?

Any advice would be greatly appreciated, on this thread or by p.m.

Cheers!

[WS739]

A lot of former pilots and staff didnt invest when Westjet offered its employees something like .50 per share.

With an adjusted for split stock price of $54 i think you should. Totally different everything though. I would do some research!!

Who is it??

[WS739]

Whoops

[Four1oh]

It's all about risk. If you're willing to risk your money, why not. Only you can decide if the company will be around in 2 years or not, and, on top of it, with a better share price.

[W5]

delete

[Realitychex]

Hello WestJetters!

I was hoping to get some sage advice from some people who have been where I am today. I am a Canadian working overseas for a LowCost carrier in the Middle East. Our company, which has been around since 2003, is about to issue an I.P.O. after 3 consecutive years of profitability. We currently have 8 aircraft with a target fleet of 35 in the next few years. They are offering to allow us to purchase shares for .33 CAD through a Co-Founder Special Purchase Vehicle Company. My question is....would you recommend buying into this sort of plan that has a restriction of not being able to sell for a period of 2 years? What are the pitfalls and risks of this type of offering?

Any advice would be greatly appreciated, on this thread or by p.m.

Cheers!

Has the company been completely transparent in its reporting of precisely what's been going on, or is it all conjecture.

I can think of numerous startups who claimed to be profitable, or worse, employees of airlines who translated big loads into big profits, which was not the case.

If it is privately held, it's tuff to get the honest truth. As a middle eastern based company, will that result in investors shying away from it?

At the end of the day, early WJ'rs were buying stock at the effective price of about $2-$4. Adjusted fo5 splits, it's around $60 today, 7 years later.

[Turd in the sandbox]

Thanks for the info......I think I'll take a chance.

Cheers!




http://www.airarabia.com/Air%20Arabia%2 ... ublic.html