Business Finance Policy: FINA 380-01 Dr. William Brent February 3rd 2009 JetBlue Airways: IPO Valuation Table of Content I. Statement of Problem II. Alternative Solutions III. Analysis of the Alternatives IV. Final Recommendation V. Appendix I. STATEMENT OF THE PROBLEM David Neeleman‚ CEO of JetBlue Airways and his management team have realized that JetBlue is still making profit despite the many challenges facing the airline industry after the September
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Initial Public Offering is the first sale of stock by a private company to the public. The private company as an issuer entrusts an underwriter firm or a group of firms who help the issuer going public. IPOs are such a big deal because any investors who hold stock at initial offering price would make a significant capital gain when the company goes public. Numerous cases of new issues have proved that investors rise in value. Mr. Schwartz (1999) listed some advantages of going public in his article
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Chapter I Introduction 1.1 Background Initial public offering (IPO) refers to the first sale of company’s securities so as to collect funds from the general public. Securities are brought in the primary market to develop the liquid market of the company. Capital is the most important factor for the development and success of an organization. Capital plays an essential role at every stage of the business. Seed money invested at the start of the business plays the vital role. For a newly established
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basic idea of Initial Public Offering (IPO). In this report we try to find out‚ what are steps a company has to go through for IPO‚ according to the Security Exchange Commission (public issue rules 2006). At beginning of this report we give a little idea about IPO‚ then we descried why company go for IPO‚ after then we go through the IPO process step by step‚ and finally we draw a flowchart of IPO process with time allocation. Generally companies go for IPO to raise capital and other reasons are
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Case: United Parcel Service’s IPO Please answer the following questions. Limit your responses to four pages total. These should provide a good foundation for our next class discussion of the case. 1. How is UPS performing? Back up your assessment with your financial ratio analysis. What factors in your opinion are driving this performance? UPS has grown from modest beginnings to an organization that ships for that 15 million packages a day with over 6.1 million customer in more than 200 counties
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memorandum to: from: subject: West TELESERVICE IPO date: May 15‚ 2014 After a careful analysis of the teleservice industry and the players in the space‚ we chose the following companies as comparable to West Teleservice: SITEL Corporation‚ APAC Teleservices and Precision Response Corporation. West Teleservice is an integrated teleservice provider whose business model is based on recurring large volume application with focus on state of art technology‚ quality of service‚ long term
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CONCERN FOR PEOPLE AND CONCERN FOR WORK IN MANAGEMENT One of the most recent challenges of a typical manager in many establishments is the trouble of determining how much of attention should be given to production and the need of workers. A manager who concentrates on the various flimsy excuses of his workers is not likely to be a productive manager. Likewise a manager whose attention and focus is mainly on the work to be done‚ would also be a bad leader even though he attains a productive result
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‘international concern’ test from Koowarta v Bjelke – Petersen[1] been effectively rejected following the decision of XYZ v Commonwealth[2]? What practical role‚ if any‚ could the test play in future cases? By Paul McKay (87/100 – High Distinction) Abstract During the 1980’s some High Court judges suggested that the external affairs power[3] includes a power to legislate on matters of ‘international concern’. This paper will trace the development of the ‘international concern’ doctrine
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1 Executive Summary This report discusses whether and how JetBlue should list its shares on public from several angles. Two principal incentives prove that the IPO process could be inevitable‚ even without an optimal offering price‚ and valuation models including multiples comparison and income analysis imply the firm may be underpriced. Given the situation and all assumptions‚ an increment in either offering size or price is suggested. 2 SWOT and Background JetBlue started by following Southwest’s
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The global Concern By Shadi Badawood The global warming phenomenon is one of the most controversial global issues in globalization era‚ and it has changed the world’s agenda‚ it has made scientists and many others to predict‚ undertake research and explore facts which might be inconvenient. Marlo Lewis‚ a Senior Fellow at the Competitive Enterprise Institute‚ wrote a critique of “An Inconvenient Truth”‚ which states that Al Gore‚ former vice president of the United States of America‚ has exaggerated
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