American Airlines Group Inc (AAL)

[Ralph Canine]

This is so totally undervalued and oversold!
Look at the market cap vs. enterprise value of the 4 major airlines. The discrepancy for AAL vs LUV, UAL and DAL is very very obvious.
AAL has 504 million shares outstanding.
They announced a $2 billion buyback which means that they will be potentially taking 45 million shares off the market bringing the total number of outstanding shares to around 460 million.
Buffet just announced a month ago that Burkeshire has 50 million of those shares and when you add up the top 10 institutions holding AAL it's about 220 million shares.
They have the newest fleet of the four major airlines which means more money saved on fuel efficiency maintenance and parts.
They are the only ones with positive PRASM guidance everyone else is flat to negative.
They have more cash, revenue and profits.
And yes they have the largest debt, but they're only paying 3% or less on that debt.
The fuel efficiency, lower maintenance cost, etc. of the newer planes they buy with that debt more that pays for itself.
The fundementals are there. Are we the only ones who see this?