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 > Financials

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Post by WeedTheNorth on Jul 23, 2021 4:35pm

Financials

Jan 1 2020 shareholder equity 4.4B, June 30 2021 =577 Million or down 87.4%. Jan 1 2020 shares outstanding versus June 30 2021 = up 35.6%.

So 35.6% more shares split 87.4% less equity and the price is only half. What it was Jan 2020. That's with January 1st valuations and expectations they will fly full planes everyday for many more years. Now it's 42.2% load factors and 8 mill a day in losses.

People cheering on here don't read financials, they wait for their confirmation bias to be fed to them https://www.aircanada.com/ca/en/aco/home/about/investor-relations.html

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Comment by givemeabreak1 on Jul 23, 2021 7:57pm

As I said before, Air Canada is fully valued for recovery! However, with each quarter that valuation diminishes. With todays financials another billion in losses out the door or about 3 bucks a share. Full valuation at $25 minus 3 now puts full valuation assuming recovery at $22. That said, because AC has pricing power as part of what is essentially a duopoly ...more

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