Potentially, however, I think it will move more sideways, share seems to over react to anything. What is surprising is China released news about 20 minutes ago about a potential out break and the share price did not budge at all. I was not expecting that. For me, that is a positive.
I think all the charts and text book theories can be thrown out the window with this at the moment, its just gut and being well informed with relevant news stories.
the Netherlands. :-)
There is not much change for us, we stay on the small unknown beaches, have more BBQs. Kids love it.
I think the government will probably bow to pressure.
However, when US markets open I think Tui will go down 1%.
I don’t live in the UK, so there is no need for a quarantine. I live in NL (no CGT :-) )
But I usually spend my whole summer in Spain, I don’t see any issues at the moment.
I actually have to admit tourists are being treated better than ever!
https://www.bbc.com/news/world-asia-india-53576653
What if more people than expected have already had it and have natural antibodies to it? This could resolve quickly. Fact is no one really knows..
I live in mainland Europe, my travel insurance does cover COVID 19. However, if I took out travel insurance from the UK, it does not. It is really weird. All mainland Europe apart from the UK seems to be covered in this scenaro. So Mainland Europe is going on holiday.
UK seems stuck, like an Island.
Seems yesterday was a bit to much panic. Spain are really protesting at the governments decision, if stories back track on islands today and how to pressure, this could fly later this afternoon.
toured have back tracked on decisions in the past.
https://www.msn.com/en-gb/news/uknews/spain-seeks-removal-of-uk-covid-19-restrictions-for-canaries-and-balearics/ar-BB17elC5?li=AAJsPCA
This would make sure the share would rise if it happened.
https://www.bbc.com/news/world-europe-53551863
If Spain can get the islands signed off, this could bounce.
https://uk.news.yahoo.com/tui-wants-more-nuanced-quarantine-084424273.html
really worth a watch, this is a very different reaction to Thomas Cook burying thier heads int he sand.
https://www.asktraders.com/analysis/tui-share-price-falls-14-after-uk-orders-quarantine-on-spain-travel/
Last paragraph worth reading about support, if broken, down to 220.