Only because it has had one about every six months for not very good reasons last August , boyear and end of June Market could hold up if SP earnings outlook looks good, should know after this weeks reports. USMI looking good, don't think you could say that about Canada and especially Australia
I am expecting the 2q to be solid like the 1q but 3 and 4 q could be treacherous as market due for another one of its panic attacks in which case Gnw will get crushed like did in boyear and with Brexit unless 2q report has some .great news which is unlikely. There has been NO news since 1q report so swimming in the dark going into 8-2
Good option vs selling to Arch/ Essex assuming will receive big divies after the sale from Canada as majority owner. No hurry to do this but iMo it is Gnw ace in hole if push comes to shove and have to pay down debt. I am assuming their are no regulatory barriers that would prevent the sale.
Stock rose during ccall when 3q margin guide of 12-14% given which surprised me as last year was 17.7 and guide would have been about 15% if down same percent as 2q was down yoy...guess market was expecting even lower margin guide
Atlantic numbers and guide will be weak, question will be how weak . Won't matter if prasm and margin guides are good and increase divy
Yup, can't add...how about that 4.05 for 2017. Only way will be that low is if big fuel spike or recession...are airline annals the worst , looks that way