HEY, JetBlue pilots, Why are ALL the insiders Selling their stock!
#11
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Originally Posted by bluechunks
I'll take that wager and raise you a soda.
Actually, you may wish to review those financial statements more closely.
http://finance.yahoo.com/q/cf?s=JBLU
We had a negative ‘Total Cash Flow From Operating Activities’ for the 3rd quarter of this year as well as a negative ‘Change In Cash and Cash Equivalents.’
Our total ‘Change In Cash and Cash Equivalents’ is only positive on paper for the prior few quarters because we have BORROWED enormous sums of money each quarter. Hint: look at the ‘Net Borrowings’ row. We are spending far more than we earn; and while this is often true for any company during a growth period, it is also a challenge to sustain when the profits are diminishing.
Note that the only reason we squeaked out a net operating profit for the 3rd quarter (normally our best) is because we were able to lower our tax expense based upon a forecast of a 4th quarter loss.
http://finance.yahoo.com/q/is?s=JBLU
We have enormous challenges facing us and while I’m trying not to be a ‘Chicken Little” I have also been in this position before so I am also trying to be realistic.
Actually, you may wish to review those financial statements more closely.
http://finance.yahoo.com/q/cf?s=JBLU
We had a negative ‘Total Cash Flow From Operating Activities’ for the 3rd quarter of this year as well as a negative ‘Change In Cash and Cash Equivalents.’
Our total ‘Change In Cash and Cash Equivalents’ is only positive on paper for the prior few quarters because we have BORROWED enormous sums of money each quarter. Hint: look at the ‘Net Borrowings’ row. We are spending far more than we earn; and while this is often true for any company during a growth period, it is also a challenge to sustain when the profits are diminishing.
Note that the only reason we squeaked out a net operating profit for the 3rd quarter (normally our best) is because we were able to lower our tax expense based upon a forecast of a 4th quarter loss.
http://finance.yahoo.com/q/is?s=JBLU
We have enormous challenges facing us and while I’m trying not to be a ‘Chicken Little” I have also been in this position before so I am also trying to be realistic.
You are correct for the quarter, but for the year we are squarely in the black for cash flow from operations, over 146 million dollars.
As for the previous quarters, you are incorrect. Our cash outflow from investing activities was greater than our inflow from financing activities, and still we had a total positive cash flow, due to operating activities. Check out the following URL, and compare "net investing cash flow" to "net financing cash flow." It's cumulative, so quarter by quarter it varies, but for the year it is clear.
http://marketwatch.nytimes.com/custo...period=quarter
You can also access the actual SEC filings there, complete with the notes. Since you are obviously business savvy, you know that financial statements are mere snapshots representing only that instance, and by themselves do not mean a whole lot without a lot of other info. Our model is the not the SWA model, but one quarter, or even two, of basically 0 operating cash flow is no big deal. A bigger deal is what will our return be from all that money going out in investing and capital expenditures, which we got by financing?That, as they say, is the question.
#12
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Posts: n/a
Originally Posted by 777AA
AMR is UP 80% in the last 30 days as of 11/11!
The following charts do NOT look good, for JBLUE!
http://today.reuters.com/stocks/Charts.aspx?symbol=AMR
http://today.reuters.com/stocks/Charts.aspx?symbol=JBLU
The following charts do NOT look good, for JBLUE!
http://today.reuters.com/stocks/Charts.aspx?symbol=AMR
http://today.reuters.com/stocks/Charts.aspx?symbol=JBLU
#13
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Joined APC: Sep 2005
Position: right here
Posts: 95
Originally Posted by Meworry?
A bigger deal is what will our return be from all that money going out in investing and capital expenditures, which we got by financing?That, as they say, is the question.
And yes, you are correct about quarters 1 and 2.
I'll still wager that we end up with a net loss for FY 05 (profit sharing = zero) as well as cash flow negative for the year based upon the public guidance the company has provided for Q4. Caveat: as always, the wildcard remains fuel and that situation has improved slightly the past few days.
Last edited by bluechunks; 11-12-2005 at 03:28 PM.
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