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Bullboard - Stock Discussion Forum Air Canada T.AC

Alternate Symbol(s):  ACDVF

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

TSX:AC - Post Discussion

Air Canada > The problem with this board
View:
Post by Tempo1 on Jan 20, 2024 10:19am

The problem with this board

It is like watching Fox news for US politics; there's only pumping and bashing. No discussions.
Some writing ( for the last 4 years now) that AC is the best stock proposition in the market and others in reaction writing that it is the worst. 
The pent-up demand impact is behind, it has delivered a high at 26$ for the Air Canada stock. We are back in normal waters.

The reality is that Air Canada is no longer the bargain in recovery that it was in the years 2021-2019. It is now a mature title with its own strengths facing challenges like all the others. 

2023 have to be seen as a peak with a 4 B$ EBITDA. But even if the EBITDA is at 3,5 B$ it could drive a good support to the SP.   
That being said, at 18$ the risk/reward is attractive and a 26/27$ value at the summer is realistic with the buffer that a drop under 17$ is unlikely.
Comment by Tempo1 on Jan 20, 2024 11:02am
Correction  ....The reality is that Air Canada is no longer the bargain in recovery that it was in the years 2012-2019. It is now a mature title with its own strengths facing challenges like all the others. .... Sorry
Comment by Veecee1 on Jan 20, 2024 11:57am
Actually, the real problem are the ones that think they can predict SP 6 months from now based on their opinion and past performance. You come across as an expert on SP , but basically your just echoing how the stock has performed in past 3 years , and based on that you predict the same for future years . But you are critical of others who form their own opinions. 
Comment by Tempo1 on Jan 20, 2024 12:56pm
.....but basically your just echoing how the stock has performed in past 3 years and based on that you predict the same for future years  .... Ironically, I used the last 3 years only to explain that the Ac stock has little chances to go under 17$.  The 26$ expectation is based on the current position not the last 3 years.  No, I am not an expert on SP, but I can see ...more  
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