Comment / Dirt cheap target: ATSG – bring the popcorn

ID 27391765 © Damedeeso | Dreamstime.com

One hammering after another – it’s been a terrible year for ATSG while its rival’s shareholders at Atlas Air (AAWW) are still rubbing their hands with glee thanks to the massive returns they pocketed in the wake of the record AAWW cash sale to Apollo and friends at the very top of the market.

Down -38% over the period, offering a rather appalling 0% yield from dividends, ATSG is nonetheless the classic case of a great company whose stock story has ...