View Single Post
Old 01-15-2019 | 11:44 AM
  #324  
symbian simian's Avatar
symbian simian
Line holder
 
Joined: Nov 2013
Posts: 4,179
Likes: 258
From: Aircraft & Seat: old & hard
Default

Originally Posted by FNGFO
You don’t understand what is meant by niche. SWA has a very loyal customer base. It’s not because of the areas they serve. It’s the product they bring. B6 seems to be working to find what it will hang it’s hat on in the future.

I suspected there was some kind of one time payment that was made, but didn’t know what and said as much. Still, they have about the same cash reserves as NK and their stock is worth 1/3-1/4 as much.

They’re not about to fall to pieces or anything, but the answer you’d get by asking them what they want to be when they grow up would be helter skelter at the moment. Or, more succinctly, as the original poster suggested, rudderless.
That is the least meaningful comparison, we could split our stock in four and it suddenly would be worth less than JB's.

I think much more meaningful is JB's market-cap compared to ours:
5.25B vs 4B, and we are half their size.
Reply