RE: Slip Sliding away18 Jan 2019 13:40
What you talking about Willis?
10bn mcap, fantastic. 1bn profits, super. Cash in back? NAV of aircraft owned?
Buyback needed to be done. Good move. You just take a narrow short sighted view of things. General consensus was that the Ryanair buyback was a great bit of business. Company is well buffered to ride out a bit of turmoil.
If you want to see how you fuck up buybacks, look at GE. 'nuff said.
Sage - 5% limit on buybacks. Low sp, less cash required to hit that 5%. Buy em all I say. Great for those with a view to investing longer than the time it takes to strain the spuds, so to speak.