Solid Annual Results12 Dec 2024 20:27
Very solid results & wisely TUI board saved a little for later, like dividends & share buy backs, at least until as Mike highlights, the German Gov debts are repaid. TUI is also a very big ship & its share price can not bounce around like some of its smaller competitors.
Of note:
Wizz - up 10 % today,4-5 month high, recently slowed by engine issues.
Easy - kissing 52 wk highs, easyholidays growing massively.
AIG - another fresh post-covid high & 200+% above its recent lows.
OTB - up ~ 40% since very recent results.
I posted on Nov 21- the following, so far correct for the 5-10% down on results, I hope the best of the latter follows.
"Expect TUI to quickly loose 5-10% on 12 Dec results, like most other shares, sell all news, then re-gaining 10-20-30% days later, like many other good shares".
GLA, donalb
ps- also wondering if some consolidation deals may be in the air ???