SkyWest Ground Handling

[Dubya]

SKYW is in a dangerous spot right now. Their cash value is so great somebody may be tempted to move in and choppy choppy. Just an observation.

W

 

[Bako Cap]

If someone still had money or credit to buy airlines in this economy.

 

[flyboyzz1]

Pretty sure there is much more to it than choppy choppy W

 

[Dubya]

Pretty sure there is much more to it than choppy choppy W

I was referring to someone buying SKYW up and chopping it up for it's cash value....which is much more than the $8.?? it's at now. I'm guessing more like 12 -14 per. Like I said, just an observation of one possibility.

W

 

[Andy Neill]

I was referring to someone buying SKYW up and chopping it up for it's cash value....which is much more than the $8.?? it's at now. I'm guessing more like 12 -14 per. Like I said, just an observation of one possibility.

W

Book value on SKYW is $22.63. $12.32 of that is cash.

 

[Dubya]

Book value on SKYW is $22.63.

Woah. I was WAAAY off. Thanks Andy.

W

 

[Dubya]

Book value on SKYW is $22.63. $12.32 of that is cash.

Ahhh. That must of been the number I heard.

W

 

[rickair7777]

SKYW is in a dangerous spot right now. Their cash value is so great somebody may be tempted to move in and choppy choppy. Just an observation.

W

True, but Jerry would probably just outbid them.

 

[Jon Rivoli]

Book value on SKYW is $22.63. $12.32 of that is cash.

With over $700 million in the bank it looks like a good time for a buyback.

 

[urflyingme?!]

I'm sure Jerry can make 700 million go away real fast....

 

[Speedtape]

Book value on SKYW is $22.63. $12.32 of that is cash.

Note: Stock swaps instead of cash purchases are another option and it does not require cash!

 

[Willy21]

True, but Jerry would probably just outbid them.

There is a price that Jerry will sell at. When that number is put on the table he will ride into the sunset.

 

[Speedtape]

There is a price that Jerry will sell at. When that number is put on the table he will ride into the sunset.

He may have no choice. John and George certainly didn't!

 

[PBRstreetgang]

SKYW is in a dangerous spot right now. Their cash value is so great somebody may be tempted to move in and choppy choppy. Just an observation.

W

Yeah,
Buy it and get all that nifty ground equipment. SKYW leases the planes, and all the contracts have poison pill provisions, hostile takeover invalidates all the contracts, per the contracts.
Ding fries are done!
PBR

 

[Dubya]

Yeah,
Buy it and get all that nifty ground equipment. SKYW leases the planes, and all the contracts have poison pill provisions, hostile takeover invalidates all the contracts, per the contracts.
Ding fries are done!
PBR

Sorry I touched a nerve.

"Impairment of Long-Lived and Intangible Assets

As of December 31, 2007, we had approximately $2.7 billion of property and equipment and related assets. Additionally, as of December 31, 2007, we had approximately $28.5 million in intangible assets."

Math isn't your strong suit. I understand.
The mop bucket is in the closet.


W