Financial Guy Posted March 29, 2003 Share Posted March 29, 2003 Heard some interesting things from two investment analysts today on the airline industry in Canada. One analyst from Raymond James (can't recall the name) has a price target for AC's shares at zero - doesn't happen very often. And, not too much of a surprise. Another analyst had an interesting point. He said that WJ shares currently have more risk than reward. He says if AC restructures, they will emerge as a much lower cost airline, so WJ will get major competition from an already up and running (now) discount Canadian airline - with twice as many a/c, etc. Not to mention a recognizable name, Aeroplan, etc., etc. Seems WJ's future isn't as rosy if AC undergoes the inevitable CCAA process. Unfortunately, the downside is that salaries will be much, much lower at AC when the dust settles. Food for thought. Try not to shoot the messenger. Link to comment Share on other sites More sharing options...
Flapsforty Posted March 29, 2003 Share Posted March 29, 2003 Here's another interesting thought. Sixty minutes did a study several years ago where they had a respected Brokarage House, a Bank, and a chimpanzee pick 20 stocks. They monitored, for a year, how the stocks did. The chimp turned out to be the finacial wizard. Beat out the next highest educated investor by 33%. Cheers. Link to comment Share on other sites More sharing options...
Flapsforty Posted March 29, 2003 Share Posted March 29, 2003 Well thanks for the tip. I'll go have a look see. Cheers. Link to comment Share on other sites More sharing options...
Fester Posted March 29, 2003 Share Posted March 29, 2003 Any analyist who truly believes AC will somehow metamorphose into a low-cost carrier obviously knows very little about what he is analysing. Link to comment Share on other sites More sharing options...
aBusDriver Posted March 29, 2003 Share Posted March 29, 2003 Were could I get one of those monkeys??? Link to comment Share on other sites More sharing options...
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