Air Canada T.AC

Value Investing!

[givemeabreak1]

So Air Canada book value is worth all of minus $5.  How cool is that you are the largest of what is essentially a duopoly and you still can't figure out how to turn a profit.   Better yet you have a value of less than Zero, Nada, Zilch.  

They have 2 big problems they do not seem to understand how to control cost result one of the lowest margin airlines in NA.  Second their only means they seem to understand to compete is to put the competition out of business.  So low for continued low margins for some time to come!

Consensus is $10 a share.  Returns $5 and my prediction of year low of $15 on the horizon lol.

[BiEric]

Canada has most of the expensive fees to operate in Canada, landing fees, Nav Canada fees, gas paid in US$ with a shitty exchange rate, having to operate in all 4 seasons, expensive to operate an airline in the winter ! Using more fuel, de-icing, don't forget the huge country we have and such a small number of the population ! To make money the airline would need to charge more but you idiots