RE:RE:RE:Returns vs Rouge! I agree
whrn investing you look at the future ability to generate profits. AC has a long long long way to go before they return to prepandemic. With the economy in the crapper for the foreseeable future, jet fuel will only increase, shortage of staff things are not looking good.
givemeabreak1 wrote: Wynjoe
Both Rouge10 and Airlineinvestor posted share valuations exceeding $100 a share! Needless to say they do not post very often now as they are both embarassed! And while they did very detailed analysis neither quite understood basic concepts and how to properly read a financial statment so they many of their posts they use numbers out of context much like yourself!
If you read my past posts I always said AC is price with upside in. When it was over $30 I posted it will test $20. As it neared $20 I posted correctly additional losses every quarter will lower that number! If you take losses in the past 2 quarters that number could now test $15.
As I stated over and over people including AC keep mentioning 2019. This is not 2019. Retail bagholder like to reference the $50 share price at that time which for anyone who understands markets and how to read a financial statement the number is meaningless. AC has sold off assets, increased debt and taken massive losses since then. A more realist number for those that cannot actually read or understand financials can at miniumum add quarterly losses since 2019 the subtract them from 2019. Needless to say that is in the low 20's and that is not accounting for increased share count or debt!
At I said before at $20 it is fully valued with upside built in given book value is minus $12 and still going down..