RE: Death by a thousand tiny cuts12 Jan 2021 11:50
Jhonny, do you think you know something traders and institutional investors dont?
As a rule of thumb, companies are valued based on a 10 year outlook.
If the lockdown's extend deep into 2021 that would be a negative, but on a 10 year outlook, its a drop in the ocean.
What do you think will happen when the 100 million strong holiday starved middleclass of Germany and the UK will be able to go back traveling, with the saved up lockdown cash? And how many alternatives to TUI are there in the package holiday business? TUI is well placed, very well placed.