RE: Simply way way too cheap, hence the big share buy back, value at just 5x P/E, 1.5x EBITDA..9 Nov 2024 10:49
@mulitplyer7 - I've read many posts on here and also done one or two myself, this is one of the best I have read and very factual. I made the mistake of selling up in RR to early, although I had made 100% profit but then missed the big rise up, thankfully I got back in and at least I'm 30% up on holdings. Everything would suggest that once the big city boys pile in, this will most likely follow a similar trajectory to RR and reach new heights! One thing I wasn't sure on where are we with business class sales compared with 2019? A far leaner airline, the north atlantic routes doing well, more efficient aircraft, new business class suites increasing rollout, operations improving (excepted issues with 787 engines) I personally believe there will be a substantial rerate very soon, big bump up in SP and hopefully exceed previous highs. I'm here for the long term and I'm glad LTHs are finally being rewarded for their patience too! We just need the wars to resolve and all travel stocks will fly! GLA!!