Spirit stock down 24% .... a buy out by
08-14-2019 | 03:57 PM
#92
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From: Captain
It’s all speculation at this point. I understand the lower the share price the more of a chance a takeover/buyout could happen, but you imply like you know this for certain - even going as far as saying $58 a share. Do you spend time on WS on your 4 days off or something?
This certainly isn’t the first time in my career my carrier was getting bought. Funny how it never seems to happen.
This certainly isn’t the first time in my career my carrier was getting bought. Funny how it never seems to happen.
All speculation
Even the 58 speculation
Today at 9am it was downgraded to 41 by a major analyst for the high side the next 12 months
58 was on the high side price predictions and that’s why I posted
Part time job? yes I do have besides flying
A job I have had before flying BTW
Lost my a—- sometimes and made money other times. Overall I am happy with my returns
Just a speculation on WS from colleagues that’s all
Have your merging committee ready and time will tell
BTW
Your carrier was formed in the 80s and became public 2010 I believe
Very new and the merging acquisitions stock swap is part of the business
08-14-2019 | 04:55 PM
#93
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From: 60’s Tech, Right
Total cow pile. If anyone is acquiring us through a stock buyout, it is NOT a U.S. airline. Berkshire, maybe. Indigo, maybe. Other venture capital firms, maybe.
No U.S. airline has the balance sheet & capital on hand that could afford a straight up stock buyout of us, even WITH our $1 billion+ in the bank. Doesn’t add up. Unless they’re not buying a majority share, just plurality. I admit, I haven’t run the numbers on that.
Interesting thing I just realized while looking into this; we have one of the highest book values (per share) of any U.S. airline....
No U.S. airline has the balance sheet & capital on hand that could afford a straight up stock buyout of us, even WITH our $1 billion+ in the bank. Doesn’t add up. Unless they’re not buying a majority share, just plurality. I admit, I haven’t run the numbers on that.
Interesting thing I just realized while looking into this; we have one of the highest book values (per share) of any U.S. airline....
Last edited by Tranquility; 08-14-2019 at 05:08 PM.
08-14-2019 | 05:44 PM
#94
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I love pilots who talk “stocks.”
It’s like being in the crew van from hell.
Takes a true narcissist for their cockpit superiority to flow over to day trading and market movers.
“Oh you bought XYZ at $20....wow....yet you can’t manage a buck for the van driver”
It’s like being in the crew van from hell.
Takes a true narcissist for their cockpit superiority to flow over to day trading and market movers.
“Oh you bought XYZ at $20....wow....yet you can’t manage a buck for the van driver”
08-14-2019 | 06:47 PM
#95
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Nailed it!!!!!!!!!!!!!!!!!
08-14-2019 | 06:51 PM
#96
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From: 60’s Tech, Right
08-14-2019 | 07:10 PM
#97
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I’m glad you got your BMW, that would have made Jyri mad.
Oh, I hope it isn’t a 3 series. Haha. That’s just an expensive Accord.
08-14-2019 | 07:18 PM
#98
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From: 60’s Tech, Right
I’m saying there is a difference from those who invest and those who tell everyone they invest, in what, and what they made/lost....yet most don’t discuss the losses
I’m glad you got your BMW, that would have made Jyri mad.
Oh, I hope it isn’t a 3 series. Haha. That’s just an expensive Accord.
I’m glad you got your BMW, that would have made Jyri mad.
Oh, I hope it isn’t a 3 series. Haha. That’s just an expensive Accord.
It was a 3er but has since been replaced. Only so much a probie can afford after all....
08-14-2019 | 07:23 PM
#99
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From: Captain
Total cow pile. If anyone is acquiring us through a stock buyout, it is NOT a U.S. airline. Berkshire, maybe. Indigo, maybe. Other venture capital firms, maybe.
No U.S. airline has the balance sheet & capital on hand that could afford a straight up stock buyout of us, even WITH our $1 billion+ in the bank. Doesn’t add up. Unless they’re not buying a majority share, just plurality. I admit, I haven’t run the numbers on that.
Interesting thing I just realized while looking into this; we have one of the highest book values (per share) of any U.S. airline....
No U.S. airline has the balance sheet & capital on hand that could afford a straight up stock buyout of us, even WITH our $1 billion+ in the bank. Doesn’t add up. Unless they’re not buying a majority share, just plurality. I admit, I haven’t run the numbers on that.
Interesting thing I just realized while looking into this; we have one of the highest book values (per share) of any U.S. airline....
SAVE market cap 2.5 billion
Not a lot for another player to make an offer with some premium on the stock that closed 37 dollars and change
Time will tell and nothing is impossible
Just saying and I hope it does not happen if that’s what you want.
BTW SAVE does not have a billion cash, don’t count the line of credit, that’s credit not their money
But money talks as they say and .......
08-14-2019 | 07:43 PM
#100
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From: 60’s Tech, Right
SAVE market cap 2.5 billion
Not a lot for another player to make an offer with some premium on the stock that closed 37 dollars and change
Time will tell and nothing is impossible
Just saying and I hope it does not happen if that’s what you want.
BTW SAVE does not have a billion cash, don’t count the line of credit, that’s credit not their money
But money talks as they say and .......
Not a lot for another player to make an offer with some premium on the stock that closed 37 dollars and change
Time will tell and nothing is impossible
Just saying and I hope it does not happen if that’s what you want.
BTW SAVE does not have a billion cash, don’t count the line of credit, that’s credit not their money
But money talks as they say and .......
As for the buyout; approximately 68 million shares divided by 2 is approximately 34 million shares times $58/share is just under $2 billion, but then we have $3.3+ billion in debt... Probably would have to buy more as I can’t see the institutional ownership shares. Which airline do you propose that’d want to pony up roughly $2 billion and take on $3+ billion in debt?
Last edited by Tranquility; 06-05-2020 at 01:21 PM.
