the stock is up less than 3% from this date in 2014 , when you consider the kind of figures it has returned and the relatively low PE , it has performed more like a value stock than a growth one
i suspect the threat of ryanair eating its lunch is what keeps a lid on it , the price targets of over £20 have proven to be pretty outlandish , anytime it even past £19 , it stayed there only a matter of days and was down 15% within six weeks on each occasion
its more likely to see £13 than £20 in the next six months
This company haven't performed badly at all. 18 months a ago it was trading around 1290, even at today's closing price which has more to do with current news events than the companies balance sheet, it is still almost 25% up
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