Spirit Mulls Adding Smaller Jets
01-15-2019, 12:42 PM
#331
Gets Weekends Off
Joined APC: Dec 2014
Posts: 679
Originally Posted by Super EZ E
Pist did you notice the stock price today? $17.17? Not good. Clearly wall street see an issue with JB. $17 a share qualifies as no rudder.
Last edited by 3inthegreen; 01-15-2019 at 01:01 PM.
01-15-2019, 12:43 PM
#332
Gets Weekends Off
Joined APC: Dec 2014
Posts: 679
Originally Posted by FNGFO
Actually it’s a very apt comparison because it’s an indicator of Wall Street’s confidence in the company, and its fairly low with them.
01-15-2019, 01:06 PM
#333
Gets Weekends Off
Joined APC: Dec 2014
Posts: 679
Originally Posted by nkbux
To Wall Street we look much better...rudderless or not... we are a VERY healthy company from a financial standpoint and have a corporate balance sheet to envy... spirit CANNOT operate like AA or even JetBlue...I’m glad those guys got a contract after us that had higher rates and work rules etc... just sets us up for a victory in 2020...but make no mistake... we’re in a better position for fruition in the future and we know what that looks like... and not to beat a dead horse BUT... if you wanna compare W2’s by all means do so... I’ll keep my low premiums and move on... with that said... they’ll move far ahead of us if the profit sharing checks are legit which they should be... that’s an absolute MUST on the next round
Delta Long Term Debt to Asset Ratio: 17%
American Long Term Debt to Asset Ratio: 42%
Spirit Long Term Debt to Asset Ratio: 37%
Delta Cash to Debt Ratio: 20%
American Cash to Debt Ratio: 20%
Spirit Cash to Debt Ratio: 18%
Spirit has alot of debt man, and if we get a new order that debt will only go up.
01-15-2019, 05:24 PM
#334
Gets Weekends Off
Joined APC: Mar 2014
Posts: 3,094
Originally Posted by Super EZ E
I don't know where the guy gets his AA left seat flow but my TWA buddies that are 98 hires upgraded last month to A320. That was the first time they could hold left seat. They are very junior LGA Res Capts. Don't forget the 10 years they spent on the street!!!
01-15-2019, 05:46 PM
#335
Gets Weekends Off
Joined APC: Jan 2018
Posts: 1,788
Originally Posted by JulesWinfield
Do you know what stock splitting is? It sounds like you don't.
01-15-2019, 05:49 PM
#336
Gets Weekends Off
Joined APC: Jan 2018
Posts: 1,788
Originally Posted by TrojanCMH
This isn’t true at all. I don’t know if we are confused and arguing different things but stock price means nothing. It’s the direction it’s going and the market cap. If Spirit puts out 100 stocks and they are worth $1 and JetBlue puts out 10 stocks worth $10 then the stocks are worth the same and they go up and down from there as the company performs or underperforms. Apple stock is at $150 and google is $1000. Does that mean google is worth 7 times as much as apple in your mind?
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
Tons of things go into stock values, but it’s also a very basic indicator, imperfect as it is,in market confidence in the performance and prospects of a company.
01-15-2019, 05:52 PM
#337
Gets Weekends Off
Joined APC: Jan 2018
Posts: 1,788
Originally Posted by 3inthegreen
Then wall streets confidence is THROUGH THE ROOF with Allegiant!! $119.44 a share!!! Wow!!!
A look at B6’s stock versus traditional airlines shows pretty weak performance.
01-15-2019, 05:55 PM
#338
Gets Weekends Off
Joined APC: Oct 2010
Posts: 4,603
Originally Posted by nkbux
To Wall Street we look much better...rudderless or not... we are a VERY healthy company from a financial standpoint and have a corporate balance sheet to envy... spirit CANNOT operate like AA or even JetBlue...I’m glad those guys got a contract after us that had higher rates and work rules etc... just sets us up for a victory in 2020...but make no mistake... we’re in a better position for fruition in the future and we know what that looks like... and not to beat a dead horse BUT... if you wanna compare W2’s by all means do so... I’ll keep my low premiums and move on... with that said... they’ll move far ahead of us if the profit sharing checks are legit which they should be... that’s an absolute MUST on the next round
01-15-2019, 06:09 PM
#339
Gets Weekends Off
Joined APC: Jan 2009
Posts: 1,269
Originally Posted by FNGFO
At no point did I argue the value of the company via stock price. Something two other posters also score points with using terrible comparisons.
Tons of things go into stock values, but it’s also a very basic indicator, imperfect as it is,in market confidence in the performance and prospects of a company.
Tons of things go into stock values, but it’s also a very basic indicator, imperfect as it is,in market confidence in the performance and prospects of a company.
As long as you don’t think that the actual price of a stock is indicative of the value of a company then we agree. Your previous post just led me to believe that you thought that the higher the stock price meant the more successful/valuable company. If that were the case Allegiant would be the most successful airline in the US. All I was saying is that stock price has nothing to do with that. Stock price is arbitrary... Has to do with how many stocks were issued when they went public and whether they’ve been split or not.
Sent from my iPhone using Tapatalk
01-15-2019, 06:16 PM
#340
Gets Weekends Off
Joined APC: Jul 2015
Posts: 353
Originally Posted by Qotsaautopilot
What happens in 2020? Last I checked we are subsidizing spirit for another 4 years, 1 month, and 2 weeks- minimum. More like 7 years.
I meant to type 2022... but sadly your absolutley right in that regard!
For the record... I’m well aware that stock price is not solely indicative of a companies value...and honestly I was completely clueless as to our debt to asset ratio being so much higher than Deltas... not unaware that we had incurred debt...maybe some old mad dogs will clean up the balance sheet
Thread
Thread Starter
Forum
Replies
Last Post
