RE:CAPEX will take all PROFITSYou should have covered today. Your manic posting isn't convincing anyone.
Rob8043 wrote: Assuming it can generate healthy profits amidst backdrop of slowing demand and revenues, all profits for the next 5 years go to fund CAPEX. Remember when Rogue told you that AC has completed its aircraft purchases unlike US airliners?? LOL.
I encourage people to read MD&A and check out capital commitments noted on page 32.
This is one of the reasons why investors have been heading for the exits. Massive capital commitments in an environment that is likely to see huge declines in FCF on slowing demand, inflationary cost pressures and declines in airfare.
This stock is a STRONG SELL that will see 2009 lows.
Take your money and invest in healthy stocks!!!