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Spirit of NKS, Part II

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Old 07-18-2016 | 10:32 AM
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Originally Posted by Green Giant
There was an article that outlined the influx of money into our stock by large investors. The way I read that article based on assumptions that were previously trues; investors of that kind of caliber want to make a profit. So if there is a rumor of a possible acquisition of a company by another company then they buy large amounts of stock from the company that may be taken over. Why? Well because the company buying the other company will then have to pay a premium on the stock, thus the investors will make a profit. To me they wouldn't be investing in that kind of cash if we were buying another company or making a large order of airplanes. For the investors the later would be too much of a gamble for them with that kind of cash.

These investors are going off credible rumors. So if the rumor is deemed false at a later point, then the investors will pull their money thus our stock will hit a "bubble" and fall. It could also happen that discussions behind closed doors go no where and then the investors pull their money as well.

For me I'm going to watch our stock price and see what it does and I am very interested in what this meeting is all about. I personally think based on nothing, that another round of consolidation is about to happen in our industry. In the end I think what ever happens to Spirit will be positive for the employees.
Legacy carrier? Jet Blue?
Old 07-18-2016 | 10:57 AM
  #7432  
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Originally Posted by gonyon
Was a joke. Otherwise could you imagine the delays as we have to wait in line at the airport giftshop to get slightly less overpriced water?


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The ease that people believe that this is true says a lot.
Old 07-18-2016 | 11:20 AM
  #7433  
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Originally Posted by 3inthegreen
Legacy carrier? Jet Blue?
Could be anyone. I would like a legacy but you just never know. As I said, consolidation discussions go on all the time in every industry. Sometimes it goes through and sometimes the discussions fail. It will be interesting to see if these large investors stay in or if they get out. To me that will tell me what I need to know.
Old 07-18-2016 | 01:35 PM
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Originally Posted by skipro101
The ease that people believe that this is true says a lot.


I'd imagine mgmt looks at these forums and laughs their azzez off at how gossipy and paranoid we all are.


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Old 07-18-2016 | 01:46 PM
  #7435  
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SAVE down 6% after hours.

Earnings on the "low end" of guidance.

04:45 PM EDT, 07/18/2016 (MT Newswires) -- Shares of Spirit Airlines (SAVE) were slumping after hours Monday after the low-fare airline company said it expects Q2 total revenue per available seat mile at the low end of a previously provided guidance range.

The company also estimates Q2 operating margin of 22%, in line with its prior guidance, and estimates a "modest" quarter-to-quarter sequential decline in non-ticket revenue per passenger flight segment, ending Q2 with $51.32 in non-ticket revenue per PFS.

Spirit Airlines also forecasts Q2 adjusted cost per available seat mile excluding fuel to have decreased 8% year-over-year, compared to a prior guidance for a decrease of 5%. The company said the better-than-expected unit cost performance was mostly driven by the timing of maintenance events.
Old 07-18-2016 | 02:31 PM
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Costs decreased by 8%. That's huge IMO considering that's everything besides fuel. They can easily afford an industry LEADING contract and then some. Enough of this "standard" talk already.
Old 07-18-2016 | 07:01 PM
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Originally Posted by Qotsaautopilot
Costs decreased by 8%. That's huge IMO considering that's everything besides fuel. They can easily afford an industry LEADING contract and then some. Enough of this "standard" talk already.
Yep.

Filler
Old 07-19-2016 | 05:46 AM
  #7438  
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Originally Posted by gringo
SAVE down 6% after hours.

Earnings on the "low end" of guidance.

04:45 PM EDT, 07/18/2016 (MT Newswires) -- Shares of Spirit Airlines (SAVE) were slumping after hours Monday after the low-fare airline company said it expects Q2 total revenue per available seat mile at the low end of a previously provided guidance range.

The company also estimates Q2 operating margin of 22%, in line with its prior guidance, and estimates a "modest" quarter-to-quarter sequential decline in non-ticket revenue per passenger flight segment, ending Q2 with $51.32 in non-ticket revenue per PFS.

Spirit Airlines also forecasts Q2 adjusted cost per available seat mile excluding fuel to have decreased 8% year-over-year, compared to a prior guidance for a decrease of 5%. The company said the better-than-expected unit cost performance was mostly driven by the timing of maintenance events.
CNBC did a piece on SAVE this morning:

https://www.youtube.com/watch?v=5ltG_783pdI
Old 07-19-2016 | 08:10 AM
  #7439  
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Originally Posted by Plane Ramrod
CNBC did a piece on SAVE this morning:

https://www.youtube.com/watch?v=5ltG_783pdI
Old 07-19-2016 | 10:37 AM
  #7440  
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Originally Posted by Plane Ramrod
CNBC did a piece on SAVE this morning:

https://www.youtube.com/watch?v=5ltG_783pdI
I'll worry when the rats start jumping ship!
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