Chorus Aviation Inc T.CHR

B of D - same old same old

[4CommonSense]

The BoD needs to fire the senior management group i.e. CEO COO CFO and get some new blood into this org. The market clearly is ignoring the compamy (retail and day trders are the only ones doing anytrading)  because of the terrible decisions re: loans and diluition over the last year. 

The company is going nowhere and the reliance on the limited past sucess  is tiresome and pathetic and indicated a company that is without any real growth plan for the future. 

The mindless post about the price going to $6/S  are  simply wishful thinking and useless attempts tp pump the stock - it hasn't and, its not going anywhere price wise without some major managent changes .  

Having a dividend back in place would probably result in a slight improvement in the stock price -- but doesn't address the underlying management problem. 

The Chair and new BoD are too weak and gutless to do what needs to be done. 

The BEST option for the company and the shareholders is to find a buyer for this plane wreck.

[Crispix14]

I understand you're bearish CHR in its current form, but can you elaborate on what it is that you strongly dislike that management is doing (or not doing)? My take is you don't like the recent dilution, but they had a maturing line against aircraft (on the CAC side) that needed to be paid. Debt payment is not the worst thing, and it's just the reality of not having enough $ with the

[Crispix14]

No one gonna answer? 

[Tommy123]

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[4CommonSense]

Its an airline?---dang!  I think you are missing the point. The 'smart money' is ignoring this stock for a reason and it doesn't have to do with the number of people who will be travelling since it is obvious air travel will increase significantly as Covid becomes less of an issue.  Despite many analyists jumping on board there is no volume - it's all retail and day

[Takafuji]

>The BoD needs to fire the senior management group i.e. CEO COO >CFO and get some new blood into this org. The market clearly is >ignoring the compamy (retail and day trders are the only ones doing anytrading)  because of the terrible decisions re: loans and diluition over the last year.  This isn't going to happen, CEO got a ton of shares, and i'm fairly certain

[4CommonSense]

Yur right!~ -- replacing senior management won't happen but that doesn't mean it doesn't need to happen. The more I read about this company the more depressing the financail situation appears to be. The federal government did little to help small airlines like this one.     The only real hope for investors is a take-over --  probably by someone with deep pockets

[Tommy123]

This post has been removed in accordance with Community Policy