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.