OK - I lied - I will nibble.... There is not any
Post# of 41413
(Total Views: 270)
Posted On: 08/14/2017 12:36:19 AM
OK - I lied - I will nibble.... There is not any real recent examples of how this applies to an "Airline" stock (Thank you $120 oil)... However we can draw parallels to other potential candidates.... Back in the day there was an airline - which still exists - name Mesa Airgroup, it was a regional airline. During it's growth phase in the 80's and 90's, the price itself was in the dollars... I think at its height it was like 8/share... (shares basis not withstanding) Overwhelming debt, oil prices and the Real estate crash in SE USA really hit the airline hard and it fell to .21 per share. If I recall - I believe it was the share agreement it had with another Major that really did it in...
(I just took a few minutes to research what I remember....See this link http://www.mesa-air.com/content.aspx?pageID=16464 )
Or just go to www.MesaAir.com
I do recall that before the Oil explosion, there were a few regionals that were in existence... Hawaian, Republic... I will defer to the more aged about the history of the Airline market - it s a great topic of discussion... The 80's 90's and early 00' have examples...and before you say it - this does not prove my P/E analysis scenario (One of many scenarios) but it does speak to the potential value of this company at some future point.
Lastly - The P/E analysis alone does not support my price expectations, there is also supply/demand of outstanding shares (which we have spoken about) Outrageous investor enthusiasm, which we know from the Marajuana spike 3 years ago, and this whole new method of trading online and use of forums like this that did not exist in the 80's and 90's and other anecdotal evidence that supports that SOME level of over valuation is expected along the way... regardless of the 2million pound weight you place on this company for the next couple of years - the traders of this generation have very short memories.... You and i have both seen numerous examples of price inflation due to traders based on nothing but hype and potential. So be careful how you apply the statement I made, it was not Baltia specific, and much as it was market psychological and value scenario based
(I just took a few minutes to research what I remember....See this link http://www.mesa-air.com/content.aspx?pageID=16464 )
Or just go to www.MesaAir.com
I do recall that before the Oil explosion, there were a few regionals that were in existence... Hawaian, Republic... I will defer to the more aged about the history of the Airline market - it s a great topic of discussion... The 80's 90's and early 00' have examples...and before you say it - this does not prove my P/E analysis scenario (One of many scenarios) but it does speak to the potential value of this company at some future point.
Lastly - The P/E analysis alone does not support my price expectations, there is also supply/demand of outstanding shares (which we have spoken about) Outrageous investor enthusiasm, which we know from the Marajuana spike 3 years ago, and this whole new method of trading online and use of forums like this that did not exist in the 80's and 90's and other anecdotal evidence that supports that SOME level of over valuation is expected along the way... regardless of the 2million pound weight you place on this company for the next couple of years - the traders of this generation have very short memories.... You and i have both seen numerous examples of price inflation due to traders based on nothing but hype and potential. So be careful how you apply the statement I made, it was not Baltia specific, and much as it was market psychological and value scenario based
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