What drives Air Canada's stock price?
Feb 18, 2016, 9:17 am
#181
Join Date: Jul 2005
Location: Ontario, CAN
Posts: 5,813
But Mr. Rovinescu had strong words when asked by analysts on a conference call about the airline’s decision to stop issuing monthly traffic figures and whether it considered offering more disclosure every month instead of less.
“To be very blunt, we’re not running this company for the benefit of short-term investors from a day-to-day basis or from a month-to-month basis,” said Mr. Rovinescu.
Until such time, of course, that there are again month to month increases in monthly traffic figures.
But I do stand corrected. Apparently executives can have a profound impact on share prices, at least in the downward direction.
Surely Calin will adopt the same long-term view on staffing decisions he expects from his investors. Sure
Feb 18, 2016, 1:03 pm
#182
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AC should be in better position once the Liberals act on their pledge to remove the final restraints on AC which requires its HQ to be in Quebec, though this won't be a popular move in that province which is already reeling from the Bombardier layoffs, though that bumped that company's stock by 20%+ yesterday and another 10%+ today.
Oct 3, 2016, 5:35 pm
#184
Join Date: Mar 2007
Posts: 4,784
Another +6.42% day today
Range 10.65 - 11.28
52 week 6.81 - 12.29
5 Day +17%
1 Month +24%
Finally we're catching up with WJA YTD (both around +11%)
https://www.google.ca/finance?q=TSE%3AAC
Range 10.65 - 11.28
52 week 6.81 - 12.29
5 Day +17%
1 Month +24%
Finally we're catching up with WJA YTD (both around +11%)
https://www.google.ca/finance?q=TSE%3AAC
Oct 3, 2016, 5:38 pm
#185
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Get them calls while they are hot
But wow, nice run since last week, Was it due to that Barrons hype piece and that 17 PT?
But wow, nice run since last week, Was it due to that Barrons hype piece and that 17 PT?
Oct 6, 2016, 2:54 pm
#187
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http://business.financialpost.com/in...debt-reduction
RBC Capital Markets believes it’s time for the Air Canada bears to go into hibernation.
The bank named Air Canada a top pick and raised its target price to $18 from $14, calling it “by far the most interesting investment opportunity in our coverage universe.”
RBC Capital Markets believes it’s time for the Air Canada bears to go into hibernation.
The bank named Air Canada a top pick and raised its target price to $18 from $14, calling it “by far the most interesting investment opportunity in our coverage universe.”
Oct 6, 2016, 3:07 pm
#188
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http://business.financialpost.com/in...debt-reduction
RBC Capital Markets believes it’s time for the Air Canada bears to go into hibernation.
The bank named Air Canada a top pick and raised its target price to $18 from $14, calling it “by far the most interesting investment opportunity in our coverage universe.”
RBC Capital Markets believes it’s time for the Air Canada bears to go into hibernation.
The bank named Air Canada a top pick and raised its target price to $18 from $14, calling it “by far the most interesting investment opportunity in our coverage universe.”
Oct 7, 2016, 11:51 am
#191
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with all due respect, as a former investment banker, 'buy' recommendation from people who sell securities is mostly BS.
Oct 13, 2016, 11:23 am
#192
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http://www.theglobeandmail.com/globe...ticle32336739/
(Sorry, Globe Subscribers only).
"Investors may have been unprepared for Air Canada’s recent liftoff. In 11 trading days since late September, it’s up by more than a third, hitting a new 52-week high of $12.70 late last week. The company has only provided an innocuous, but positive, announcement on debt restructuring during this time.
As it turns out, a fair amount of the gain may be coming because big investors, particularly in the United States, are warming to the Air Canada thesis."
(Sorry, Globe Subscribers only).
"Investors may have been unprepared for Air Canada’s recent liftoff. In 11 trading days since late September, it’s up by more than a third, hitting a new 52-week high of $12.70 late last week. The company has only provided an innocuous, but positive, announcement on debt restructuring during this time.
As it turns out, a fair amount of the gain may be coming because big investors, particularly in the United States, are warming to the Air Canada thesis."
Oct 13, 2016, 8:02 pm
#193
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http://www.theglobeandmail.com/globe...ticle32336739/
(Sorry, Globe Subscribers only).
"Investors may have been unprepared for Air Canada’s recent liftoff. In 11 trading days since late September, it’s up by more than a third, hitting a new 52-week high of $12.70 late last week. The company has only provided an innocuous, but positive, announcement on debt restructuring during this time.
As it turns out, a fair amount of the gain may be coming because big investors, particularly in the United States, are warming to the Air Canada thesis."
(Sorry, Globe Subscribers only).
"Investors may have been unprepared for Air Canada’s recent liftoff. In 11 trading days since late September, it’s up by more than a third, hitting a new 52-week high of $12.70 late last week. The company has only provided an innocuous, but positive, announcement on debt restructuring during this time.
As it turns out, a fair amount of the gain may be coming because big investors, particularly in the United States, are warming to the Air Canada thesis."
I think AC's best years for investors are behind them...cannot see the stock rising into the $20s any time soon, though I won't complain if the shares do take off again.
Oct 13, 2016, 8:14 pm
#194
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Read this today too. It implied AC stock was undervalued compared to the US big three: UA, AA and DL. All of these airlines trade in the U$30++ range and have been up recently, and IIRC both AA and DL are paying quarterly dividends. AC has never paid a dividend (figure those who bought <$2 a share have received plenty of rreturns) and it isn't slated to, which may be detrimental to a wider acceptance in the US.
I think AC's best years for investors are behind them...cannot see the stock rising into the $20s any time soon, though I won't complain if the shares do take off again.
I think AC's best years for investors are behind them...cannot see the stock rising into the $20s any time soon, though I won't complain if the shares do take off again.
AAL: 3.77
DAL: 6.51
UAL: 5.72
TSE:AC: 6.07
Either AA is undervalued, or DL and AC are overvalued.
I suppose the third option is that DL/AC are expected to suddenly start making a crapload more money. But that seems less likely.
Oct 13, 2016, 9:17 pm
#195
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