Bullboard - Stock Discussion Forum Air Canada T.AC

Alternate Symbol(s): ACDVF

Industrials Airlines

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

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TSX:AC - Post Discussion

Air Canada > Crazy cheap valuation - started new position

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Post by Nordico on Feb 16, 2024 2:25pm

Crazy cheap valuation - started new position

Just started new position (after being out since 2020) @ 17.87. Even with increased costs in 2024 AC is profitable by well over $1 Billion annually now, and will be book value positive within 2 years. The current trailing PE (adjusted) is 4x, lol. No brainer.

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Comment by alive9well on Feb 16, 2024 2:27pm

Welcome back Nordico. Best to communicate on Stocktwits. This board is mostly for these broke guys trolling nothing 100x per day

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Comment by Nordico on Feb 16, 2024 2:45pm

Yeah this Rob guy is particularly unhinged. Some shorts get too greedy to know when to cover.

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Comment by TradeForex on Feb 17, 2024 4:47pm

There's nothing to cover when an individual has no position.

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Comment by Nordico on Feb 16, 2024 2:57pm

Correction - meant to say it will be *retained earnings positive within 2 years (it's been book value positive since Q3 2023).

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Comment by YupnDump on Feb 16, 2024 3:10pm

have U looked into how many haboltsve the troubled Boeing 737 plances with missing bolts... Some potential flyers would be afraid on taking a flight on one of those planes.

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Air Canada