Originally Posted by
1A_Please
REX's investor presentation is amazingly amateurish It looks like it was put together by someone who was using PowerPoint for the first time.
Their performance is disastrous. YoY, they increased from 7 to 9 737s (a 28% increase) but only managed to increase RPT revenues by 6% which has led to the $25M loss in RPT services as highlighted by Mick. In addition, their cheap as chips lease deals they got their first 737s are now all expiring and they are being forced to pay market rates, which, for a small tenuous operation like REX, will be more than lessors will agree to with the bigger more secure operators.
Is Nifty been allowed near the 1998 version of MS PowerPoint again? You'd think after his 4,680 page SAAB engineering course he'd be have alright MS Office skills. Maybe someone at the detention centre.