Still waiting for an entry point24 Jun 2020 12:02
I've been dithering, glad I did. Personally, and I appreciate this statement is in my interests, I think it has a little further to fall. I think the market is reacting (overreacting?) to what's happening in Germany and other countries. A second wave seems inevitable, it just depends how serious and the implications for overseas travel. Long term, though, I think TUI will survive, the fundamentals are sound - it should be able to take a bigger market share with others going bust, so it is a medium to long term hold once I'm in. I think it may fall a little further, but not much, before climbing back above 400.