The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
if not for Covid this could very well of passed £20 per share now and realistically will get back there. Certainly has the best outlook of the uk tour operators.
Customers with bookings between 12 June and 11 July can also choose to amend to another date for free.
Basically we are not flying this summer but want your cash to keep the lights on.. in another month they’ll push back until August then September it’s purely keep cash on account ploy as they are struggling! The bad PR they’ll get will cripple them. IMHO
£1.50 then bounce back to £1.70-1.80
https://www.google.co.uk/amp/s/www.bbc.co.uk/news/amp/world-us-canada-52518186 Going to get turbulent here will probably retest the lows and possibly lower
It will send shockwaves through the market.. I would not be surprised to see £1.50 here this week or next as reality kicks in that airlines are going to take years to recover if at all
TUI EZJ Ryanair WIZZ will not be taking people on holiday in June .. crews need to do sims and possibly line training ! We’ll need 2-3 weeks notice to be back on roster ! September realistically even then a reduced service likely.
Yes share issue to come here to raise funds for the purchase. However daily production will increase and oil prices although down now 12-24months Oil will be 40$ plus for sure or else the world will collapse.
Short term pain and yes this go down but will reward long term investors
I would imagine a new cheaper deal would be struck.. the purchase being delayed should help PMO as the buy price is related to oil price.
Win the court case the Short will close.. lose the case the Short will close!! P.s I’m not invested here I am watching and waiting
Up court case news due