VBA 0.00% 35.5¢ virgin blue holdings limited

the whole market is pretty ordinary and the majority of stocks...

  1. 5,048 Posts.
    the whole market is pretty ordinary and the majority of stocks have taken a big hit but here are some thought on vba specifically.

    that balance sheet is pretty ugly and i would like to know how they intend to service their debt.

    at the rate they are going, their operating expenses have already surpassed their revenue and we still have all that capacity that vba are going to dump into the market from those plane orders that they can't get out of.

    so servicing that massive loan which makes up all their cash, copping a big loss on v-australia, increasing pressure in the domestic market and new zealand perhaps worse than they wish to declare isn't the type of scenario that you would want to put your hard earned into.

    i bet branson wouldn't invest his money in aviation at the moment so why should you.

    to be honest, vba are ugly!

    cheers
 
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Currently unlisted public company.

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