What drives Air Canada's stock price?
Aug 11, 2014, 5:23 pm
#61
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Let's just say in this regard, AC's team has transformed the airline into a relatively stable operation with a credible face in the Market. As I posted the other day, I don't see the stock rising above $10 for any sustained period of time and it is more likely to be "normal' in the $8-$9 range...which ironically is where the stock was when the original company's stock was first issued back in the 1980s and where it languished until the CP/AC/ONEX take-over battle of 1999/2000. (Yes, these are actual constant dollars, not adjusted for anything.)
Nov 27, 2014, 10:38 am
#62
Join Date: Jul 2005
Location: Ontario, CAN
Posts: 5,813
Anyway, in this case, you did something really stupid.
You were told you were doing something stupid, but you mocked.
You were given advice, but you ignored it and you mocked.
You posted another stupid idea, piling stupid on top of stupid. You got something trying to explain in depth what you're doing wrong, something helpful, but you don't have the processing power between your ears to digest it.
So you just continue on your stupid way, thinking that you somehow have the ability to predict coin flips.
You don't.
At least here you admit that you're gambling. You just gamble on Air Canada so with the hopes that if you get it right you can come here and crow about it. Instead, here you are, looking stupid and eating crow. Except you keep firing your guns as you go down in flames. LOL.
Anyway keep it up.
You were told you were doing something stupid, but you mocked.
You were given advice, but you ignored it and you mocked.
You posted another stupid idea, piling stupid on top of stupid. You got something trying to explain in depth what you're doing wrong, something helpful, but you don't have the processing power between your ears to digest it.
So you just continue on your stupid way, thinking that you somehow have the ability to predict coin flips.
You don't.
At least here you admit that you're gambling. You just gamble on Air Canada so with the hopes that if you get it right you can come here and crow about it. Instead, here you are, looking stupid and eating crow. Except you keep firing your guns as you go down in flames. LOL.
Anyway keep it up.
Looks like gambling and stupid decisions can be very lucrative some times ... Any other sideline advice of yours I can fade to realize 15% return in 4 months?
Nov 27, 2014, 11:44 am
#63
Join Date: Dec 2003
Location: Toronto, Ontario, Canada
Posts: 3,393
$11.18 right now, and if the Saudis want to carry on this price war into 2016, as some are forecasting, it's headed to $16 or higher.
Dec 2, 2014, 11:24 am
#64
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Air Canada, WestJet among airlines upgraded by Bank of America
http://www.bnn.ca/News/2014/12/1/Air...il-prices.aspx
North American airline earnings will climb 73 percent to $19 billion in 2015 from $11 billion this year, bolstered by lower jet fuel costs, a Bank of America Merrill Lynch analyst forecast.
Glenn Engel raised earnings estimates today for nine U.S. carriers along with Air Canada (AC.TO 1.4%) and WestJet (WJA.TO 2.15%) as a result of the decline in prices for oil, which is refined into jet fuel. Airlines also will benefit as lower energy costs give consumers more discretionary income they may spend on travel, he said.
North American airline earnings will climb 73 percent to $19 billion in 2015 from $11 billion this year, bolstered by lower jet fuel costs, a Bank of America Merrill Lynch analyst forecast.
Glenn Engel raised earnings estimates today for nine U.S. carriers along with Air Canada (AC.TO 1.4%) and WestJet (WJA.TO 2.15%) as a result of the decline in prices for oil, which is refined into jet fuel. Airlines also will benefit as lower energy costs give consumers more discretionary income they may spend on travel, he said.
Dec 2, 2014, 6:45 pm
#65
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I wonder if WestJet and to a lesser extent AC will be affected by lower oil prices in a negative way? Lots of people make their living from oil in the west and if the price drops too far there will be a slowdown in the western province's economy and a lot less discretionary income to be spent on travel.
Dec 2, 2014, 11:14 pm
#66
Join Date: Apr 2002
Location: YXE
Posts: 3,050
I wonder if WestJet and to a lesser extent AC will be affected by lower oil prices in a negative way? Lots of people make their living from oil in the west and if the price drops too far there will be a slowdown in the western province's economy and a lot less discretionary income to be spent on travel.
The good news for FT'ers is that a falling RE market with the associated wealth redistribution arising from such, and the lower energy cost environment may very well end up reversing the trend of decreased reliance on J. The 1990s RE bubble collapse ended up giving way to quite a vibrant business environment and wealth concentration, and that is very positive for those who dream of higher quality and more available offerings "up front". The few business travellers that exist today are notoriously stingy, with most not paying for J, but as the business environment improves, invariably J demand should increase.
Last edited by pitz; Dec 2, 2014 at 11:19 pm
Dec 8, 2014, 9:33 pm
#68
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Jan 29, 2015, 11:52 am
#69
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Air Canada stock ‘unjustifiably cheap’ amid weak oil: Cormark
http://business.financialpost.com/20..._lsa=0400-efb5
Air Canada, already coming off a rally that has sent the stock up more than tenfold from its lows in 2012, is setting the stage for a “multi-year ramp in its earnings,” says Cormark Securities analyst David Newman.
Air Canada, already coming off a rally that has sent the stock up more than tenfold from its lows in 2012, is setting the stage for a “multi-year ramp in its earnings,” says Cormark Securities analyst David Newman.
Jan 29, 2015, 3:20 pm
#70
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well we dont have to wait to long to get real financial results. Perhaps some information on AC fuel Hedge might be included.
WestJet will report its fourth-quarter results on Feb. 3 and Air Canada will report on Feb. 11.
WestJet will report its fourth-quarter results on Feb. 3 and Air Canada will report on Feb. 11.
Jan 29, 2015, 4:47 pm
#71
Join Date: Aug 2010
Posts: 3,130
http://business.financialpost.com/20..._lsa=0400-efb5
Air Canada, already coming off a rally that has sent the stock up more than tenfold from its lows in 2012, is setting the stage for a “multi-year ramp in its earnings,” says Cormark Securities analyst David Newman.
Air Canada, already coming off a rally that has sent the stock up more than tenfold from its lows in 2012, is setting the stage for a “multi-year ramp in its earnings,” says Cormark Securities analyst David Newman.
Mr. Cherniavsky also pointed out that the rate cut caused the Canadian dollar to further weaken, which will lead to higher airline operating costs and lower demand for travel abroad.
“But demand is just one side of the yield equation,” the analyst told clients. “The other is supply, which remains an equally concerning issue in Canada.”
“But demand is just one side of the yield equation,” the analyst told clients. “The other is supply, which remains an equally concerning issue in Canada.”
Take your pick.
Jan 29, 2015, 4:51 pm
#72
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Air Canada Stock Could Double in a Year
Jan 29, 2015, 7:41 pm
#73
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