SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (74306)11/17/2023 6:42:22 PM
From: E_K_S   of 78744
 
Re: Airlines - Never made money owning them and they are cyclical, so need to time when you enter and exit the trade.

FWIW; my new 52wk low stocks are starting to run, so Paul your picks here have always done well. Not that I focus on 52wk lows, but I happen to build positions in companies that I like, are a good value and just so happen to eventually be at/near 52 wk low before they get to fair value.

Some I have mentioned here are PAHC, CNHI & INMD.

-----------------------------------------------------------------

I asked BARD about those capital investments for ALGT; here is what I got:

go to the 8K & 10K and tell me what the capital expenditures are made for Allegiant Travel Com (ALGT) in the last 18 months
Based on the 8K & 10K documents, Allegiant Travel Company (ALGT) has made the following capital expenditures in the last 18 months:

  • Aircraft purchases and inductions: $467 million
  • Pre-delivery deposits: $164 million
  • Other airline capital expenditures: $119 million
  • Total project spend excluding capitalized interest: $279 million
  • Total capital expenditures: $571 million
These expenditures have been made for a variety of purposes, including:

  • Fleet renewal: ALGT has been purchasing new aircraft to replace older, less fuel-efficient models. This will help the company to reduce its operating costs and improve its environmental performance.
  • Expansion: ALGT has been expanding its fleet and its network of destinations. This will allow the company to reach new customers and increase its revenue.
  • Maintenance: ALGT has been investing in its aircraft maintenance program to ensure that its fleet is safe and reliable.
These capital expenditures are expected to help ALGT to continue to grow and be successful in the years to come.

At least they are buying assets. However, they take capital to operate & maintain them w/ or w/o passengers.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext