Skywest
05-10-2014 | 12:23 PM
#4951
Line Holder
Joined: Apr 2011
Posts: 1,576
Likes: 20
[QUOTE=John 3:16;1640417]Brother, we don't wear anything but helmets in fighters. I do have a cheapo pair of headsets, probably 30 years old, that I used in the very distant past when flying light aircraft. USAF heavy drivers might have headsets (I don't know if they're issued headsets or not), but we fighter folks just wear the helmet. Hard to attach NVGs and JHMCS to a headset
That made me laugh out loud. Literally.
05-10-2014 | 03:04 PM
#4954
Line Holder
Joined: Feb 2014
Posts: 71
Likes: 0
Brother, we don't wear anything but helmets in fighters. I do have a cheapo pair of headsets, probably 30 years old, that I used in the very distant past when flying light aircraft. USAF heavy drivers might have headsets (I don't know if they're issued headsets or not), but we fighter folks just wear the helmet. Hard to attach NVGs and JHMCS to a headset!
05-10-2014 | 10:12 PM
#4956
Line Holder
Joined: Nov 2012
Posts: 622
Likes: 1
From: It's hot out here.
05-11-2014 | 02:10 AM
#4957
On Reserve
Joined: Feb 2014
Posts: 18
Likes: 0
SkyWest, Inc.
1Q 2014 Revenue: $772,385,518.00 Net Income: -$22,887,193.00 Net Margin: -2.96%
SkyWest Airlines
1Q 2014 Revenue: $447,041,197.00 Net Income: -- Net Margin: .99%
Quick math tells me that .99% of $447,041,197.00 is a profit of $4,425,707.85
Further math tells me that -$22,887,197.00 - $4,425,707.85 means ExpressJet lost $27,312,905.
Good enough?
1Q 2014 Revenue: $772,385,518.00 Net Income: -$22,887,193.00 Net Margin: -2.96%
SkyWest Airlines
1Q 2014 Revenue: $447,041,197.00 Net Income: -- Net Margin: .99%
Quick math tells me that .99% of $447,041,197.00 is a profit of $4,425,707.85
Further math tells me that -$22,887,197.00 - $4,425,707.85 means ExpressJet lost $27,312,905.
Good enough?
On a related note, I was surprised that both SKYW and RJET were trading below their respective book values. Typically, a company stock trades much higher than the company book value. For instance WMT is trading at 3.34 times it's book value.
Here is a list of some majors and their price:book value ratios:
AAL 22.7
DAL 2.73
UAL 5.85
LUV 2.35
By contrast, here are the figures for SkyWest and Republic
SKYW 0.43
RJET 0.84
In other words, theoretically, SKYW could be liquidated for more than the cost of all it's shares for a tidy profit. That's the type of news that makes folks like Gordon Gekko drool.
05-11-2014 | 05:02 AM
#4958
Line Holder
Joined: Sep 2008
Posts: 1,906
Likes: 5
From: B767
I like it when math is involved.
On a related note, I was surprised that both SKYW and RJET were trading below their respective book values. Typically, a company stock trades much higher than the company book value. For instance WMT is trading at 3.34 times it's book value.
Here is a list of some majors and their price:book value ratios:
AAL 22.7
DAL 2.73
UAL 5.85
LUV 2.35
By contrast, here are the figures for SkyWest and Republic
SKYW 0.43
RJET 0.84
In other words, theoretically, SKYW could be liquidated for more than the cost of all it's shares for a tidy profit. That's the type of news that makes folks like Gordon Gekko drool.
On a related note, I was surprised that both SKYW and RJET were trading below their respective book values. Typically, a company stock trades much higher than the company book value. For instance WMT is trading at 3.34 times it's book value.
Here is a list of some majors and their price:book value ratios:
AAL 22.7
DAL 2.73
UAL 5.85
LUV 2.35
By contrast, here are the figures for SkyWest and Republic
SKYW 0.43
RJET 0.84
In other words, theoretically, SKYW could be liquidated for more than the cost of all it's shares for a tidy profit. That's the type of news that makes folks like Gordon Gekko drool.
05-11-2014 | 08:55 AM
#4959
Gets Weekends Off
Joined: Jul 2013
Posts: 611
Likes: 0
United is on the hook for all of the ERJs, and SkyWest makes money on the CRJ2s. How is SkyWest going to have a hard time liquidating the ERJs?
05-11-2014 | 10:04 AM
#4960
Gets Weekends Off
Joined: Jun 2013
Posts: 196
Likes: 0
Below book can also be considered a warning sign.
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