Bullboard - Stock Discussion Forum Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's... see more

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TSX:AC - Post Discussion

Air Canada > Net loss of $649M

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Post by Returns2021 on Nov 02, 2021 6:54am

Net loss of $649M

Or $1.79 per share. Profitability is long gone. Share price should be well below $20.

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Comment by Stuffitnow on Nov 02, 2021 7:09am

It should be, but it won't. People love the stock, they see it half price right now and bet that it will double up in the next few years. Forget fundamentals, it's about fund the mentals.

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Comment by Abid123 on Nov 02, 2021 7:26am

How can you be so dumb? The losses are priced in your idiot. It is the expectation that is driving the stock. And the expectation is positive now and hence the stock will reflect that.

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Air Canada