Central Transport | What, no talk of Q1/13 report

[Not_wanted]

vitran still says they will report Q1 on April 25........ here we go again............guesses?

 

[outwheeler]

18mil /again I hope it is less.....count down...:confused:

 

[runawaytrain]

10 million this quarter......The next quarter will tell if we are moving in the right direction.

 

[The Agitator]

With earlier questimates of 13 mil in the 1st two months, I would think we lost 15.5 mil.

 

[had enough]

14.5 mil for 1st qtr, i will quess the loss when the time comes for the 2nd qtr, if we need to. lol.

 

[Ballsout Ranger]

I would guess 17 million. with all the weather shut downs

 

[stunhsif]

I am going to guess 17.3 million but have heard that the loss could come in at just a bit over 20 million. Assuming we have 52 million cash ( 97 million from sale of logistics less payoff of 45 million in loans) this leaves us 35 million in cash if 1st Q loss is 17 million. If we continued to lose same amount over Q2 and Q3, we would be left with 1 million in cash come September. I am sticking with Canada doing a spinoff into a holding company for the USA come sometime mid summer. USA would be debt free and could then pawn once again assets such as property. How much could we borrow, God only knows. Our coworkers up in Canada had been and have been demanding this for several years now, cannot say I blame them.

 

[had enough]

wonder if they could do that to a point where all drivers start over at entry level pay, hire date and vacation?

 

[Buckeyedriver7]

20 Million my guess.

 

[Dumb move]

$16,428,791,64

 

[Jeepstr723]

$16,428,791,64

Nothing like being exact. LOL

 

[dcoty135]

I'm going to guess 13.2 million

 

[Not_wanted]

two more day,,,,,,,tick tock,,,,,,,,,tic tock

 

[Not_wanted]

tick tock tick tock,,,,,,1 more day

 

[had enough]

today is the day....V-DAY

 

[Not_wanted]

it was out at 403 EST,,,, terrible

 

[Jeepstr723]

OOOPs. It is a bit confusing. 1st paragraph say's: Vitran had a net loss of 17.6 million. 2nd paragraph says: 14.5

 

[kat569]

Net loss factors in all operations companywide. The lower # of 14.5M is for LTL ops only.

 

[Junk yard dog]

Looks like CF's numbers 2 quarters before they locked up the doors.When Vitran goes through the $54.6 million it has on hand,it's over! No one will let them borrow anymore $ .So hope for the best and prepare for the worst! Good Luck !!!