yep as I said I added yesterday this time to hold and not to trade comforting with Tosca feeling confident....im sure more and more flights will be added in as we move on but that doesn't mean we cant see lows again but this is still very cheap on what ever metrics you use we just need a vaccine and a change in sentiment ...I am sure they will come hand in hand GLA
Be careful can see a huge drop coming soon below 2 ...then I reckon you have less than a week to get out before suspension pure gamble but under 2 maybe worth the risk...
With a M/C now of under 200m this seems very cheap I understand the problems but time will solve most of them Southend Airport was worth 4 x the M/C before Covid this is now a buy for me.....and will be adding probably today gla...
lots of banks interested in Wirecard assets reporting on cnbc still a huge gamble but the rewards could be very high im still siding with bankruptcy .... we shall see....
I was a little fortunate cancelling my share allocation plus a few more I wanted when the SP dropped below 40p and im sure quite a few others did the same...I am however still up beat about the future of STOB the Southend airport has always been the key for me and thats why I am holding my original purchase it is certainly going to take time but thats what investing is about.....what I am more concerned about at the moment is a take over with the M/C so low ...
I still can not get my head around our valuation we have a M/C of circa 170m we had profit after tax of circa $70m and we have a P/E of 3.3......and very little debt to speak of....now I am not saying we should be valued as a tech company but it seems to me we are being valued as a very poor mining company which we all know BMN are not......our assets are as good as you can get (in our sector) I know the V price is low however there must be something I am missing because if you look at any other company with similar financials let alone our future prospects you definitely would not see an SP of a paltry 14p....
Couldnt agree more with the comments below....I had been waiting for some time for an entry point and although I never managed to get in at the bottom I am very happy with my entry level of circa 3900 I thought xmas and my birthday had come at once and only wished I had bought more (as we all do after the event) these will be a long term hold unless something fundamentally changes.....a fantastically well run company with a very reasonable sustainable dividend and if we do return to march lows I will be filling my Santa sack.....