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03-31-2017, 05:26 PM

#7591

dracir1

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Joined APC: Feb 2014

Position: Lineholder

Posts: 1,356

Here's a question:

Does anyone know (NC) if we are or will be asking for shares as part of our compensation package?

03-31-2017, 05:42 PM

#7592

Qotsaautopilot

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Joined APC: Oct 2010

Posts: 4,603

Quote:

Originally Posted by dracir1

Here's a question:

Does anyone know (NC) if we are or will be asking for shares as part of our compensation package?

You will go on strike before they offer up any of their own solid gold parachutes. Ask 400 spirit pilots about their shares. Hint: there are none

03-31-2017, 05:49 PM

#7593

PulledBreaker

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Joined APC: Apr 2016

Posts: 550

So fiscal year ending 2016, Frontier has $612,000,000 in cash and $1,341,000,000 in total assets.

You Fapa invest guys need to dig into the filing. It clearly states that the proceeds of the IPO will be used to fund the pilot phantom equity program. Unfortunately, they value your entire equity at only $40,000,000.

03-31-2017, 05:56 PM

#7594

Mugatu

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Joined APC: Mar 2016

Posts: 443

Quote:

Originally Posted by PulledBreaker

So fiscal year ending 2016, Frontier, has $612,000,000 in cash and $1,341,000,000 in total assets.

You Fapa invest guys need to dig into the filing. It clearly states that the proceeds of the IPO will be used to fund the pilot phantom equity program. Unfortunately, they value your entire equity at only $40,000,000.

That's interesting. Our equity stake is a percentage. If that's the case then it's very easy to value the company for this IPO. But...since they left certain numbers blank until later, which is normal, they used a low number for simplicity and convenience. The actual pricing of stock and valuation of the company doesn't come until the very end. And even that is a guesstimate causing huge ulcers for the underwriters.

03-31-2017, 05:58 PM

#7595

PulledBreaker

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Joined APC: Apr 2016

Posts: 550

Quote:

Originally Posted by Mugatu

That's interesting. Our equity stake is a percentage. If that's the case then it's very easy to value the company for this IPO.

Yes, but a percentage of what specifically?

03-31-2017, 06:03 PM

#7596

Mugatu

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Posts: 443

Quote:

Originally Posted by PulledBreaker

Yes, but a percentage of what specifically?

I edited my previous post explaining.

03-31-2017, 06:06 PM

#7597

Mugatu

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Joined APC: Mar 2016

Posts: 443

I don't think it's appropriate to specify FAPAInvest percentage, if that's what you're asking. Nor the structure of the payout to the pilots on APC

03-31-2017, 06:13 PM

#7598

PulledBreaker

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Joined APC: Apr 2016

Posts: 550

Quote:

Originally Posted by Mugatu

I don't think it's appropriate to specify FAPAInvest percentage, if that's what you're asking. Nor the structure of the payout to the pilots on APC

Specifics aren't really that important. From what I can tell, Frontier is going to try and settle the pilot equity claim this year before FRNT's market capitalization grows. Just like they did with the FAs.