Jet airways going down...

#1
Hi Everyone.! I am new to traderji..
have been observing your discussions..
great work (esp some comes up with analysis)..!
pls keep up the good work..
me too..will share which benefits everyone.
I would like to know why jetairways is suddenly falling..? I bought at 1039 today i saw it is going down..anyone can tell me why it is falling.?
cheers.
Ilyas
 
#3
yezdi said:
Hi Everyone.! I am new to traderji..
have been observing your discussions..
great work (esp some comes up with analysis)..!
pls keep up the good work..
me too..will share which benefits everyone.
I would like to know why jetairways is suddenly falling..? I bought at 1039 today i saw it is going down..anyone can tell me why it is falling.?
cheers.
Ilyas
Hi yezdi,

Jet airways has not been a market outperformer after its listing..

I will higlight a few fundamental points for u to understand the company better...
The quartely results have been dissapointing with
1:pAT declining from 1295 to 610
2:OPM% declining from 29.9 to 16.3

All these negetives are becauz
1:Raising cost of ATF
2:Bottom line also affected by Lease rental cost of the aircrafts
3:Loss of market share to LCC(Lower cost carriers)

Jet airways is trying to beat the competition by going in aquisition of Airsahara...these gives them the advantage of economics of scale..and a dominating 50% market shair...
The aquisition will also assist them in taking more fliers on international routes..and also give more access to the airports infrastructure..

The loophole remains that the Air sahara fleet is again leased and jet airways bottomline will get affected by the cost
Plus jet airways refused to make AS its LCC arm meaning that it still hasnt countered the threat from LCC such as deccan,spicejet etc..

It will take Jet airways sometime before they can start benifiting from this aquisition...
and at cmp of 979 and a p/e of 35 correction is on the cards

On the charts techincally a close below 970 ensures a long downtrend

Bottomline is that if ur a long term player u will find safer bets and if short term..it looks weak..

Cheers
ML
 
Last edited:
#4
Thank you satya and ML for your contribution to make me understood
the current situation of jet airways..

i have 10 lacs to invest...it could be short term..
can you advise
which is the best share to invest in...to make periodic gains
20% monthly.

slight indication would help.

have been investing in icici and sbi
can i continue to invest in it or any other good performers
to book profit booking at this percentage..

your advise is appreciated.
thank you.

regards
Ilyas
 

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