Air Canada T.AC

Is Air Canada overvalued???

[Wynjoe]

Maybe,maybe not..Example...Musk had agreed to buy twitter for $54.00 us. Price then dropped to $30. Plus..Musk backed out ..now trading at $40.plus,lol.Who's to say what anything is worth?Air travel is increasing, fact.Seat prices are increasing. Fuel prices are decreasing, fact. The future counts and not the past,I believe Air Canada is a major buy. Try buying a 747 for what Air Canada paid ,prices for everything is skyrocketing, this alone will drive s/p higher going forward.BUY!!!

[Annick2020]

Yes, 110% Overvalued! It's been overvalued for the longest time and it is slowly but surely falling to its fair share price. Fares haven't increased contrary to what you are saying. I check fares on a regular basis as I fly quite frequently. The international flights have increases slightly, but then again, there's competition to go with besides ac. Within Canada, smaller cheaper

[Wynjoe]

The value is the "potential" earnings. "Potential" customers. "Potential profits". If your a glass half empty kind of investor,I could RIP apart every stock you want to purchase in any market. Lol,be patient,airlines are at or very close to the lows...STRONG BUY!!!

[Wynjoe]

Remember this....Air Canada was a $60.00 stock before covid hit,now I'm not saying it's going to magically hit $60.00 anytime soon,but covid is past for all intents and purposes and air travel is coming back fast. I see a huge spike at some point and nobody knows when that will occur but to avail of a sudden increase you must be invested,hence buy Air Canada stock today!!!! Air Canada is

[givemeabreak1]

Wynjoe Problem of course is that AC hit all time highs in 2019!  A more realistic year might be 2016 where it was $8-$10 lol!  So why is 2019 relevant!  Pretty simple even if they were to hit eqiuvalent to 2019 all time high that number would be somewhere around $60 minus losses since 2019 which is $25 to $30 a share then account for increase share count and debt so anything around

[givemeabreak1]

I preface that with the idea it is only a mild recession as a couple of bad quarters and AC will be back into cash crunch territory!  Personal belief AC might do another financing in the next few months!

[Veecee1]

Cash crunch??, refinancing??, AC has stated that they will use all that FCF to deleverage and purchase aircraft , and after today's announcement, your theory just got shot down, 

[Returns2021]

you are a year too late to show up on the board with this assessment.  Yours truly did this when the share price was $27+