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Old 23rd February 2009, 09:30 PM
Ricky T Ricky T is offline
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Join Date: Mar 2008
Location: SYD and (sometimes) MEL
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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.
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