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Alaska Air Group, Inc. Message Board

  • jasm5 jasm5 Feb 16, 2012 10:28 AM Flag

    2 for 1 split is bulish

    We should see it back in $60 after 2 for 1 split which would almost double the value of present shares. Great company and I love them.
    Go Alaska Air Lines.

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    • Granted, the value of the stock doesn't change due to a split. But the psychological affects of the stock split do allow it to move more on a percentage basis. It's the old pennies matter syndrome. The split will also put the stock in a price per share bracket similar to other airline companies: UAL - 21, DAL 10, AF.PA - 4.70, RJET - 5.36, LCC - 7.89, LUV - 9.1. Unfortunately when things go bad, they can go worse. A few of these took pretty big percentage hits today with the news that oil prices are on the rise. If they aren't replenishing their fleets with more fuel efficient aircraft, and cutting back routes in order to drive prices up, they will won't be able to recoup the costs very easily. I'd rate the industry as a whole as a sell right now. But if you want to hold on to one of them, ALK is one of the fundamentally stronger ones. Their stock buy back is also interesting from a valuation standpoint. It may make them easier to acquire in a take over bid.

    • unfortunately a split is a fundamental nonevent; you get 2 fives for your ten...still = 10 bucks,...but it can be a tech push seeing that the shares are cheaper and avail at a lower price to retail people...
      pe is decent, poorer outlook on in at this level...

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