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Hawaiian airlines got a bit 300% higher than the current share price which shows you how undervalued some of the this small companies are.
I know its a different fish however it just shows you what happens when thinks are taken to extremes.
This business is improving and at some point someone will look at this as well unless the share price goes up a lot in a short period.
I hold a lot like you here for the long term.
I am also trading this between 56 and 63…went long at 56 and short at 63….it worked twice so far.
Not a huge amount however it makes the waiting a bit more easier.
Pedro you sound a bit desperate….for this to hit 2£ they will need to get 3bil offer for the whole company which I don’t see happening.
I know I need to hold this for a few years now and I accept that.
Just my opinion.
What I don't get is how Systematica increased their short position at this price....maybe just a hedge against a long position???
Can people please stop saying big rise imminent, most of you who come with statements like this do not know anything about this company and the only way this gets a big increase is if an offer for the whole company is made.
I managed to add twice around 56p and I have another buy order at 48p and one at 77p as I do not know which will get hit first.
its painful now and maybe for some time however I think the risk reward is worth it IMO and it looks I will have to hold for a long time
I do not think your view is a de-ramp and everyone has to do what they do best.
I am not much of a trader and invest with a long term view and IMO I do not think this will go anywhere anytime soon and I hope I am wrong.
All I can do is add when I can and time my buys as well as I can and with that in view I just think I might be able to buy more under 60p.
Again, I hope I am wrong
They sell a small part of the business and they could get as much money as the total enterprise value of the rest of the company plus 350 mil in cash.
I do not get it….I know is not sold yet however they might be off by a few hundreds and still…..bonkers.
It is what is this ….I will slowly buy more and wait.
It makes you question how far thinks go sometimes as a lot if us thought 120 was a cheap price hence a lot of us bought at that price and in a matter of days a lot of people think 120p is not that bad.
It just feels like somehow it was all made to take out all the PIs all this is just speculation of course but it makes you wonder.
You have to think that if they over 1bn for NA buss only they will not take any debt probably however if someone offers 1bn for the while business they are taking a lit of debt as well that’s why I think somewhere between 800mil and 1.1bn its not out of the question.
HopelessValue is the closest one in my opinion when it comes to a potential value and we have to take in account the 350mil on the balance sheet.
If they pay out all the debt they will have around 80 mil going straight to the bottom line as that was the interest payment and should compensate for the loss from NA buss sale.
For some reason they are not disclosing everything like the 88 mil spent on the new business they bought in Spain and I am just thinking they will not use the proceeds to pay off the debt and instead maybe try to go for a new business maybe Train across the Chanel. I just think why do they wanna pay off debt that has just been refinanced long term at 4.8%.
For some reason they like having debt on the balance sheet.
My opinion only however they seem a bit secretive and it feels like there is something else brewing.