didnt they have large one off expenses of some kind last year, setting up a new branch to their business? sorry i dont know the stock that well, perhaps sabre could answer that question??
they also have fuel costs that were 100% to 200% higher than current levels. in the recent term vba traded well north of $1 (even with fuel costs soaring), now some fundamentals such as fuel are becoming much more favourable i cant see why you wouldnt see this as an opportunity?
even if they match last years full year result of $95 mill they are on a P/E of around 4!
didnt they have large one off expenses of some kind last year,...
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