SABR: Yahoo -> Finance -> Conversation

 4 hours ago

Two years ago, I placed an order 1000 share of MRO at price $4.5, now it is $28. I cut loss around $180 dollars. Right now, I set up helper for SABR 7000 shares at cost 7.1, it is 2000 shares of MRO. Two years one lesson on MRO. Stay in the market, and work on long term.

2 days ago

It is hard for me to learn to be a long term investor. I failed on BORR, GTE.TO, GTE, MRO, CVE, OVV. I formed habit to trade on short term, but I could not realize BORR 300% return from June 2021 to June 202, OVV 20 baggers, GTE 20,000 share on $80 Canada cents -> $1.8. Now I am working on my first investment training, SABR, 6700 shares, cut loss 10,000 first, and then got back $7.10, had over $5000 gains around $7.90, and now went back with $5000 dollar loss. What is secret to a long term investor? Just ignore market up and down. I need to preserve cash for bear market, and continue to work on SABR research.

Guidelines

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  yesterday

  Simple advice….set a long term price target and be disciplined not to sell until you reach it. For me, I am holding many shares of Sabre until it hits $14.90 and will not sell a single share until then. It may take a year or even 2 years, but that’s ok with me.

• 8 days ago

  SABR went down over 3.43%, and I like to review technology strength:
  
  Senior Director Software Engineering
  
  Aug 2015 - Present · 6 yrs 10 mos
  Southlake, Texas, United States
  • Managing development of USD 12M+ R&D budget for multiple product lines in the Airline IT portfolio used by 100+ airlines generating USD 60M+ in revenues. Primary responsibilities include:
  - managing and providing leadership to 100+ team members across three global development centers with 8 direct reports (software engineering managers, technical product managers, software architect)
  - closely collaborating with product management and cross-functional teams (UI/UX, PMO, Operations Research -OR)
  - executing product roadmap (investment budget) and customer change requests (CRs)
  - improving SCRUM team productivity using tools, processes and metrics
  - ensuring quality and stability with release management best practices and extensive monitoring
  - driving cost efficiencies and speed to market by automating CI/CD pipeline
  - defining and executing technology transformation in partnership with Google. This involves migrating complex monolithic applications to GCP, Cloud SQL, containerization/GKE, REST API and Microservices architecture with a web front end
  
  Those 100+ team member and three development centers are so important for SABRE business. One more quarter, two more quarters, business will continue to improve since pandemic should have gone ...

  

  Guidelines

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    6 days ago

    Money and manpower help but won't solve SABR's technology problem. That needs the right leaders. My sense is SABR's tech operations is dated to IBM era, with numerous modern pieces of patched on top, here and there. Whomever can fix it should be hired to fix IRS's tech shop, which is even more dated.
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  12 days ago

  Plan to invest another 2 - 3 years, if recession does happen, interest goes up.
  
  This high debt level entails additional interest costs which ranged from $80M to $100M annually, compared to 2019. The company has paid $156M of interest payment in 2019, and this is increased to $235M during 2020.
  
  Thus the recovery of operating cash flow will be offset by this interest payment from 2021 to 2024. Prior to the pandemic, the company generated an operating cash flow of $735M excluding the interest payments of $156M. I expect that the company will generate an operating cash flow before interest payment of $10M to $200M in 2021. This level of operating cash flow is not enough to cover annual interest costs of $230M. From 2022 to 2023, the company will begin to record the positive operating cash flow, but more than half of those values will be used for paying the interests. Of course, this means that equity investors cannot expect the dividends for at least 2-3 years.
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  12 days ago

  SABRE debt management plan:
  Over the next 2-3 years of recovery, the company will not lower its debt level significantly because it needs to keep its cash reserve until its operating cash flow recovery is strong enough. According to my forecast (see the last table at the end of the post), the company cannot generate meaningful cash flow that can pay off the debt of $500M - $600M until the year 2023. This is also evident in the company's own debt repayment schedule in the table below. According to this schedule, the major repayment will start from 2023 with $645M, followed by $1.9B in 2024.
• 

  12 days ago

  From a day trader to a good thinker, learn one thing a day about SABRE business:
  
  During the initial pandemic shock to the travel industry, the company’s revenue declined by -67% YoY during 2020. The company started to burn cash by recording a negative operating cash flow of -$773M during 2020.
  
  To manage this unprecedented crisis, the company raised its capital by $1.5B. ($1.1B from loan, $375M from equity and $69M from the leaseback of their own building.) Also, the company has made its business model lean, via restructuring and reducing its global workforce by 20%. The company could increase the operating margin by migrating over from a legacy server to a cloud infrastructure. The company now expects to have $175M to $200M in annual savings from 2021 onwards, based on their last quarterly review.
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  13 days ago

  I did some research about SABRE. There are total around 800 employees in Texas headquarters, 300 in India, 300 in Europe countries; And SABRE is also cutting budget and in 2021 SABRE cut office space, two -> one building office. I googled https://www.dallasnews.com/business/real-estate/2021/01/11/sabres-southlake-headquarters-campus-sells/
  
  One senior manager left SABRE to join AMAZON as a manager, one senior architect joined Amazon Vancouver. Anyway, the company tech leadership is no problem.
  
  Everything is normal about SABRE. I chose good tech company, which can survive, grow through pandemic, with vaccine.
  
  Also since I Hold so many shares, it is hard to resist tempation to do day trade. I chose no to day trade. I did my case study about Nov. 2021 oil stocks, 5000 dollars GTE, I chose OXY, MRO, CVE, APA, and RIG to track growth together, diversification is definitely good idea. OXY over 100% gain, GTE over 100% gain, RIG only 10% gain, MRO 80%, APA 58%
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  19 days ago

  why is this trash not moving with the index anymore?
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  20 days ago

  Glad to see SABR up 5%, compared to NCLH 13%, AAL 7%. I still learned to hold those positions of SABR. I have 6700 shares, average cost: 7.08. I cut loss over $11,000 dollars a few weeks ago. Learn to stay in the market, do not time the market.

  

  Guidelines

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    19 days ago

    Agree..good advice. It may take a year or two, however I think those who are patient will recognize over 100% ROI. This is my largest position currently and the one I am least worried about.