Chorus Aviation Inc T.CHR

@ the Bell: TSX powers through to close week higher

[Jonathon Brown]

Canada’s main stock index inched up on Friday. The only drag on the TSX was a drop in the energy sector while mining led gains. read article.

[SleepingGiant64]

Looks like Chorus bought back about $1.2 million in shares in April, just filed today. They're taking down 75K shares some days, which is a good chunk of the total volumes, which are often only

[Hich1205]

No news, silent management + no news on the annual assembly date means management have something to annouce ..... or to hide. If no good news is presented on may 7th for the 1st quarter results, we

[Jonathon Brown]

While energy gains propel the TSX, industrials get attention from the EV market and investors navigate another week of mining sector activity. read article.

[ouainouain]

I think that companies that generate next to no earnings are not high on the list of buyout possibilities. The share price is low for a reason: very low plane leasing profits in a high interest

[ouainouain]

At 3.5 leverage ratio plus 35M in preferred dividends yearly to Brookfield, there is no money left to do anything but reduce debt. This company was making 20% margin leasing planes in 2018, 19. Forget

[SIGG1]

They need to reinstate a dividend.  For shareholders, this is the only thing that matters. 

[ouainouain]

"Profit" may be up but earnings are from down in 2023 compared to 2022. For shareholders, only earnings matter. The rest is PR. 

[60PlusWhoCares]

Chorus Aviation Inc's average recommendation is "Moderate Buy" based on 9.00 analysts according to Zacks. From those 9 analysts, 5 have buy ratings and 4 analysts gave hold ratings.

[60PlusWhoCares]

BMO Capital Markets decreased their target price on shares of Chorus Aviation from C$4.15 to C$3.00 in a research report on Monday, March 4th. CIBC lowered their price objective on shares of Chorus

[batrous]

Maybe a bit more short interest. Not really sure.

[SIGG1]

?

[60PlusWhoCares]

Canadian airline company Chorus Aviation’s 2023 profit more than doubled year on year to C$106 million as all three segments of the company posted gains.   For the full year, revenue at Nova

[60PlusWhoCares]

As we are getting closer to earnings share price will appreciate more $3+ expected 

[MDawg65]

there is an appeal  to sell  $ 6 beause that is nearly triple curren mkt price,  no one else is offering to pay anywhere near $ 6 in over several years company should be buying back

[Hich1205]

At this point of time, what really counts is the long term strategy. It seems like the only strategy they have right now is to sale assets and reduce debt, but that's not a business strategy, that

[60PlusWhoCares]

Debt reduction is more important at this point than a dividend for sure