Air Canada T.AC

Returns changes lyrics to his favorite song...

[JackWabbit]

From you won't see $20 in your lifetime to it won't hold $20 in your lifetime. Lmao. I have always been long on AC. With 51, 370 shares averaging in at $17.10 I sleep well at night. What will he be singing when it hits $30? JW

[Returns2021]

LOL, what a loser - he held on from $30 all the way down to below $20.  Great investor there , LMFAO.  

[JackWabbit]

....and then averaged down with $800,000 at $16 and change.. That's 51370 shares at $17.10. $513.70 for every penny that AC moves. You do the math loser. Lmao

[givemeabreak1]

Jack your numbers make no sense. If you average down $800,000 at $16 that would be a buy of 50,000 shares which means according to your numbers you only owned 1370 shares lol. People that own like $20,000 worth of shares do not have the funds to buy $800,k worth of shares to average down wink wink knod knod

[givemeabreak1]

If you were discount the massive loss on the currency side they actually made a good profit. Unfortunately you cannot discount currency. What surprises me is that they did not have a currency hedge in place

[lb1temporary]

Look at the cash flow statement, the change loss is a non cash event. I suppose that this loss was caused by the large US$ debt. The strenght of the US$ and the statements in CAD$ caused this adjustment. But that debt have not to be reimbursed soon, so the impact is only on paper. More, this US dollar strenght is caused by the global insecurity with the Ukraine situation and the increase of rate

[givemeabreak1]

1b1  The glass is not always half full!  While I liked the quarter generally there were things that were not all the impressive and still worrisome. 1.  You seem to make alot about the cash flow but while they had reasonable cash flow number their net cash flow was actually lower than the 3rd quarter last year.  Further the free cash flow number was a negative again worse than

[lb1temporary]

No, I only responded to your fear about the change loss. I don't made an analysis of the results as a whole.

[lb1temporary]

Givemeabreak1, Sorry if I responds by pieces. Cash flow is negative !!  So there's no problem, they reimbursed 573 M$ of debt and buy for 333 M$ os Capex in the quarter, all paid cash. More, they had 1,7 B$ more advance ticket sales in the short term liabilities than last year. . All are good news and that helps to understand the numbers.  Net debt has risen about 1 B$ this year !!

[yureja55]

This post has been removed in accordance with Community Policy

[Returns2021]

Of course you did clown.  I also bought 6 million shares at $16, LMFAO.  What a loser.  Let me tell you the real truth about your investment in AC.  You bought 5 shares at $26, that is all you can afford