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.
Gold/Mining/Energy : Transat A.T. (TRZ/TSE)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10PreviousNext  
To: Marc Fortier who wrote (87)10/10/1998 11:57:00 AM
From: Marc Fortier   of 88
 
Well, I don't know if there is anybody still following this company, but let's say that at current valuation the stock is awfully cheap. Last time I checked there were about $3 per share in net cash. Even though the next months look tough for the travel industry, Transat is still making profits, with total revenues up sharply. Cash flow was still largely positive. I don't know what's the situation with Look and this may be a concern... Besides that, I think that TRZ could be labeled a true value play right now. I would not be surprised if management announced a large share buyback in the not so far future. This could take some time however. This one is definitely for very patient investors, I must admit...

Regards,

Marc
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10PreviousNext