The first IPO alert of 2018. Today, we take a look at Nine Energy Service.
So let’s run through the prospectus–
Losing money. A combination of firms- booo-
Proceeds used to pay credit facility- Nooo-
Return on invested capital- interesting-
Risk factors- So many-
Basically, better hope that the oil/ natural gas cycle is good-
The good, the main sponsor, SCF Partners has experience on launching oil field related firms 😀
Losing money everywhere- revenue is volatile-
Prospectus quite long-
I would not invest something that I have little knowledge of-
Remember risk comes from not knowing what you are doing-
Hope everyone has a blessed 2018!