PPRuNe Forums - View Single Post - Merged: Virgin Blue Share Price - how low can it go and for how long?
Old 2nd Mar 2009, 16:37
  #462 (permalink)  
tsalta
 
Join Date: Oct 2008
Location: Sydney
Posts: 76
Likes: 0
Received 0 Likes on 0 Posts
abc1, Please tell me you are not serious?

Dude, stop grasping at straws.

Revenue in isolation does not matter.

Revenue minus outgoings, well that is another story.

Revenue can keep going up until the cows come home, however if outgoings keep rising at a faster rate then, well, that can only go on for so long.

Is there anyone else out there saying that VB did not have an underlying profit of 60 million, that their cash position is precarious, that their annual and half yearly reports are declining in the clarity of information provided?

errrr, no. Strewth, maybe the opinions I'm writing are...mine? What a novel concept.

I have an emotional bias for VB to survive, however, I don't belive it will. Just because I argue that fact does not indicate anything. What I really want is for someone to prove me wrong. That would make me extremely happy, however all that comes back is vitriol like the statement below.

Are there any REAL (not tsalta) aviation accountants here that know these issues in any depth ?
I would love to debate the specifics, truly I would, if anyone would care to.

tsalta
tsalta is offline