Quote:
Originally Posted by Marty H
Revenue was up 12% which is a good indicator, they will with the grounding of five aircraft will find a way to claw back the $100M loss, the company is way way undervalued its beyond belief, still cant deny it will be a tough 12-18mths going forward.
|
Marty, there is no need to worry about finding 'a way to claw back the $100M loss'. As NickN has pointed out, most are one-off items/expenses and the losses on hedges and forex are only accounting loss (ie on paper).
Stripping out the two one-off items, and you would notice the underlying net profit is not too bad.