Atlas
#62
#63
Line Holder
Joined APC: Dec 2018
Posts: 95
This just popped up on my cell. Guess Google has been watching my flight aware logins.
Don't know these folks, just passing along what the street is saying outside the flying side of things.
https://seekingalpha.com/article/426...percent-upside
Don't know these folks, just passing along what the street is saying outside the flying side of things.
https://seekingalpha.com/article/426...percent-upside
#64
Gets Weekends Off
Joined APC: Aug 2016
Posts: 492
Don't know these folks, just passing along what the street is saying outside the flying side of things.
https://seekingalpha.com/article/426...percent-upside
https://seekingalpha.com/article/426...percent-upside
Here's the quote:
"The summary is that a pilot shortage puts upward pressure on labor costs, exasperated [sic] by a unionized workforce."
Oy. He starts with the premise that "Atlas is valued like a company in serious trouble." He should have just added, "Which it is." And stopped there and saved us a bunch of reading.
I actually think it's overvalued given what I expect to see happen over the next few years.
Anyway, a good giggle. However, normally I would rather watch or listen to Sam Kinison bits to generate laughter than to read a financial article.
#65
Line Holder
Joined APC: Oct 2012
Posts: 43
This just popped up on my cell. Guess Google has been watching my flight aware logins.
Don't know these folks, just passing along what the street is saying outside the flying side of things.
https://seekingalpha.com/article/426...percent-upside
Don't know these folks, just passing along what the street is saying outside the flying side of things.
https://seekingalpha.com/article/426...percent-upside
"This price anomaly is quite hard to believe and requires an explanation. The elephant in the room: one of the company’s planes recently crashed. While a tragic accident, the wikipedia article doesn’t claim any fault on part of the company while a WSJ article points to pilot error. This is the company’s first crash after hundreds of thousands of flights. There was insurance. This event is likely just rare, bad luck."
That final statement seems a bit premature. We don't know yet.
#66
Gets Weekends Off
Joined APC: Nov 2017
Position: Wichita
Posts: 653
The following quote tells you everything you need to know about the quality of the analysis (and education of the author) in the article. Remember, basically anybody can publish anything on Seeking Alpha, and people publish this drek in order to pump or unpump the value of stocks they own or don't own.
Here's the quote:
"The summary is that a pilot shortage puts upward pressure on labor costs, exasperated [sic] by a unionized workforce."
Oy. He starts with the premise that "Atlas is valued like a company in serious trouble." He should have just added, "Which it is." And stopped there and saved us a bunch of reading.
I actually think it's overvalued given what I expect to see happen over the next few years.
Anyway, a good giggle. However, normally I would rather watch or listen to Sam Kinison bits to generate laughter than to read a financial article.
Here's the quote:
"The summary is that a pilot shortage puts upward pressure on labor costs, exasperated [sic] by a unionized workforce."
Oy. He starts with the premise that "Atlas is valued like a company in serious trouble." He should have just added, "Which it is." And stopped there and saved us a bunch of reading.
I actually think it's overvalued given what I expect to see happen over the next few years.
Anyway, a good giggle. However, normally I would rather watch or listen to Sam Kinison bits to generate laughter than to read a financial article.
But I’m curious what Will thinks will happen at AAWW to further decrease the stock...?
#67
Gets Weekends Off
Joined APC: Aug 2016
Posts: 492
Folks, this guy is usually 100% accurate in his assessments. He’s a lot more accurate in his “tea leave readings” than our exco members. That’s not a knock at anyone, but some people have the knowledge that some don’t.
But I’m curious what Will thinks will happen at AAWW to further decrease the stock...?
But I’m curious what Will thinks will happen at AAWW to further decrease the stock...?
Put another way, I think the article author considers the generic "pilot shortage" issue, which I think analysts generally don't find too concerning because airlines are continuing to put butts in seats. What the author does not do, in my view, is consider the pilot issues more-specific to Atlas -- i.e. will minimally-qualified people, particularly given the current training system and relaxing of OE requirements just to get people through the system, be able to accomplish safely the often-complex international missions that make up a component of Atlas's operations? If AMC thinks "no", then there is a very-significant potential issue out there beyond the scope of his analysis. Stuff like that.
So I think there is more potential downside than currently priced-in, and I think that the article author inappropriately pooh-poohs risks that are correctly affecting the stock price. I really meant to say that the author was wrong more than that I think there are thunderheads moving in that nobody has noticed.
My 2 cents anyway.
Last edited by wjcandee; 05-20-2019 at 06:12 PM.
#68
Line Holder
Joined APC: Dec 2018
Posts: 95
I've set back to see if our social media committee would reply, but it appears that the company has won the last appeal to our injunction on the appealed determination on the work stoppage injunction. Unanimous vote that we lost by the judges. Not surprising since many devoted union guys attending and exiled said it would go this way earlier on.
Won't say more on this until they come up with their story.
Won't say more on this until they come up with their story.
#69
On Reserve
Joined APC: Feb 2016
Posts: 22
#70
Line Holder
Joined APC: Dec 2018
Posts: 95
https://theloadstar.com/pilots-union...ules-us-court/
Reader's Digest version article. Noted the union will continue fighting it. At least our lawyers will be getting billable hours out of this. At least the company didn't get a damages award like other work actions have.
Reader's Digest version article. Noted the union will continue fighting it. At least our lawyers will be getting billable hours out of this. At least the company didn't get a damages award like other work actions have.
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