Transat AT Inc T.TRZ

You Guys Have More Nerve Than Me!

[givemeabreak1]

Transat is essentially insolvent without renewed financing or AC takeover or someone takeover.  I play alot of penny stocks with my Bingo money and do not see the risk reward on this one.  If a stock has a good chance of creditor protection I want at least a 5 or 10 bagger and I just do not see that happening on this one for along time.   Hope I am wrong cause I like Air Transat!   Even more I hope I am wrong cause I want to see the damn pandemic end and get back to the Carribean!

[WizardFuture]

Yeah, the risk is not worth it now. But I hedged my Transat with Air Canada position when Air Canada was lower in the (high 10s and low 20s). My Air Canada position is 4X the transat one. If Air Canada gets Transat, Air Canada will make tons of money with it. If Air Canada doesn't get Transat, then Transat will have problem and Air Canada will be able to compete with it. But yes I am

[Curious777]

As far as I am concern, the risk is highly worthwhile. My understanding is that the fact that AC demonstrates little enthusiasm towards completing the transaction is purely strategic. By doing so, AC forces the EU-Regulator to take into account that, even though Transat is available, no other stakeholder comes-up with an offer... Such demonstration might lighten/limit the restrictions to

[givemeabreak1]

Curious I think the acquisition will go through but I would not say a crash landing cannot happen!  I have been through a couple lol!   I am not sure what makes you say the regulator is not in a position to block the transaction given it is unlikely to go through without approval.  Further you really do not know if another offer or offers are waiting in the wings until the EU

[Curious777]

T-Break, I agree on the fact that shareholders have no chance of survival in a crash landing... (And the Law of gravity is mighty cruel). As for chances of a refusal by the EU-commission, here's my thoughts: Could they take the chance of driving Trz out of business by a refusal in absence of a tangible  alternative offer is on the table... I presume that they don't want to

[givemeabreak1]

What if AC leaves the offer on the table but pulls the share option and does a cash only at $5 seems to me if I am AC that is what I would be thinking.  With a cash infusion from a gov bailout cash would not be an issue and it would be an even better deal for AC with their shares now higher...

[Curious777]

Such scenario is highly improbable. Even though AC has proven able of reaching high level of arrogance in the past, to me this is too far fetch... Personally, beyond being quite committed to this transaction (on both sides), I am fascinated by the ongoing business in the politico-economic context.  The way I see it, every stakeholder is walked walking on eggs... Even AC looks like an