Chorus Aviation Inc T.CHR

Traditionally

[maplak]

nothing done. No dividend. Just bla,bla bla.

At the end of the third quarter, Chorus improved its Leverage Ratio to 3.0 from 3.3 at December 31, 2023, while generating Free Cash Flow of $32.4 million," said Mr. Copp. "Further, after announcing the agreement to sell Chorus' RAL business, we took several steps during the third quarter towards the completion of the transaction, including the satisfaction of all regulatory conditions. The transaction is expected to close by the end of this year."

"Post-closing, the transaction positions us well to accelerate value for our shareholders and provide the financial flexibility to deliver on our core strengths in aviation services," commented Mr. Copp. "On a pro forma basis, we expect to see significant improvements in our financial measures, including Leverage and Free Cash Flow after debt repayments."
Tomorow back to $2.85 and to continue waiting.... Hopefully Santa will get us some numbers from Falko sale.

[flamingogold]

It's written right there in black in white... "These improvements will enable us to implement a return of capital program for our shareholders" One can sell and risk buying back higher or just wait another quarter or two and possibly enjoy further capital appreciation.

[maplak]

I know but they are saying the same thing over and over again. I thought they will finally rebalance their books with Falko sale and give us more firm financial statement .