4th QTR earnings projection....

Discussion in 'Central Transport/Vitran' started by ltlguy2013, Jan 6, 2013.

  1. ltlguy2013

    ltlguy2013 Member

    Messages:
    128
    Likes Received:
    6
    Trophy Points:
    18
    Report is a $18M-$22M loss...
    Enter your own feelings but, CK is only making it lose more and more....
     
  2. runawaytrain

    runawaytrain Wear their scorn with pride.

    Messages:
    6,476
    Likes Received:
    1,929
    Trophy Points:
    113
    Thats in the rumor mill...Lets just wait and see...No need to borrow trouble....It may not be that bad...But if it is that bad we are in deep trouble....The kind of trouble that will only get us out of the 2nd quarter...After that get ready to hit the unemployment line.
     
  3. had enough

    had enough pErSoN oF iNtErEsT

    Messages:
    2,357
    Likes Received:
    170
    Trophy Points:
    63
    estimated $5 mil loss in oct alone
     
  4. ltlguy2013

    ltlguy2013 Member

    Messages:
    128
    Likes Received:
    6
    Trophy Points:
    18
    Just saying, news coming from a lot of the regional people/sales/managers who just left.
    Takes a lot for someone with 10-20 years at one company to leave...

    Those are the numbers being talked about...
    I hate to see anyone suffer and have there future unknown. Just letting you all know what I've been told.
     
  5. runawaytrain

    runawaytrain Wear their scorn with pride.

    Messages:
    6,476
    Likes Received:
    1,929
    Trophy Points:
    113
    I've heard the same thing in Dallas....I'm just hoping its not that bad. It won't be long and we won't have to guess.
     
  6. wrenchmonkey

    wrenchmonkey Member

    Messages:
    155
    Likes Received:
    3
    Trophy Points:
    18
    If we lost 5 mil in october in the past november and december are slow monthes you lost your asses this year Iam guessing 40.0 million or more
     
  7. Dumb move

    Dumb move Member

    Messages:
    54
    Likes Received:
    0
    Trophy Points:
    6
    Realistically, 12-16 lost.
     
  8. Buckeyedriver7

    Buckeyedriver7 Member

    Messages:
    238
    Likes Received:
    22
    Trophy Points:
    18
    The real question here is what are the REAL loss numbers compared to what they report to the shareholders?
     
  9. gearraker

    gearraker Active Member

    Messages:
    783
    Likes Received:
    87
    Trophy Points:
    28
    It's illegal for your company to realse or leak those numbers till they put out there press release to the share holders...so I doubt that's a accurate statement
     
  10. Not_wanted

    Not_wanted Active Member

    Messages:
    1,504
    Likes Received:
    4
    Trophy Points:
    38
    The accountants and board of directors are the only ones that know right now, that is a matter of law put in by the SEC to help track insider trading
     
  11. runawaytrain

    runawaytrain Wear their scorn with pride.

    Messages:
    6,476
    Likes Received:
    1,929
    Trophy Points:
    113
    I dont see it being that large....But I could be wrong
     
  12. Not_wanted

    Not_wanted Active Member

    Messages:
    1,504
    Likes Received:
    4
    Trophy Points:
    38
  13. Not_wanted

    Not_wanted Active Member

    Messages:
    1,504
    Likes Received:
    4
    Trophy Points:
    38
    Someone explain this to me? Get a low interest credit by putting up your terminals as collateral to pay off higher interest revolving credit just so you can borrow on that higher credit again?

    Vitran Obtains Credit Facility Secured by U.S. Real Estate - Bloomberg

    "Proceeds from the real estate term facility will be used to repay
    existing debt which will allow for additional borrowing capacity under our
    existing revolving credit facility."
     
  14. Buckeyedriver7

    Buckeyedriver7 Member

    Messages:
    238
    Likes Received:
    22
    Trophy Points:
    18
    What I don't understand is who in the hell in their right mind would want our terminals for collateral. The majority of them need the wrecking ball.
     
    Last edited by a moderator: Jan 10, 2013
  15. had enough

    had enough pErSoN oF iNtErEsT

    Messages:
    2,357
    Likes Received:
    170
    Trophy Points:
    63
    that is probably a front. they're paying off loan from dec 2011 to free canada properties and the u.s. is on their own. just my opinion.
     
  16. Not_wanted

    Not_wanted Active Member

    Messages:
    1,504
    Likes Received:
    4
    Trophy Points:
    38
    just hope logistics made a profit to cover our loss
     
  17. gearsticker

    gearsticker Member

    Messages:
    43
    Likes Received:
    0
    Trophy Points:
    6
    good thing ur chasing greatness because you cant afford to flop much more maybe you should have the shops turn them trucks up ck maybe they could catch it then
     
  18. Not_wanted

    Not_wanted Active Member

    Messages:
    1,504
    Likes Received:
    4
    Trophy Points:
    38
    turn trucks up,,,,,,,,,,,, HA,,,,,,,,,, i will have you know i passed a SWIFT truck today when the driver was talking on the phone,,,,,,,,, after that he passed me back :hysterical:
     
  19. 12barjunkie

    12barjunkie Member

    Messages:
    127
    Likes Received:
    2
    Trophy Points:
    18

    [​IMG]
     
  20. 12barjunkie

    12barjunkie Member

    Messages:
    127
    Likes Received:
    2
    Trophy Points:
    18
    Ha Ha!! Chasing greatness:

    [​IMG]
     

Share This Page