Capital Markets Day - 25th November13 Nov 2020 15:39
Things should build nicely into Capital Markets Day on 25th November as it closes in. A review of the company assets has been ongoing under the new Chief and that should come to fruition on the 25th with published details of how they intend to maximise the group assets. I'm expecting that to be well received and to propel us further forwards. (Suggest towards 40p)
We aren't even reflecting the $500 Million of $575 Million just received in Tullows bank account.
Just also an informed belief that there might be some news off the Astra Zenica - Oxford Uni Covid19 vaccine trial as early as next week which should hopefully again catapult both the oil price and the TLW share price.
Next week should hopefully also see an update from the AstraZenica / Oxford University vaccine as well and hopefully a further boost to all markets (It's extremely cheap to produce)
Plenty businesses out there right now that have temporarily dropped the shutters or the anchors and that in a few months time will be fully open for business again.
Valuations need to start catching up. Not personally bothered if its tomorrow, next week or in the next month or two as it has to come.
Further Reduction off CapeView Capital yesterday making that 2 days on the trot.
I'll be surprised if they are not close to completely gone after today's walk down. One that either they engineered or the market makers may have assisted them with to get the necessary stock. Just my thoughts.
You can see it in the graph for January abive and if CCL have any sense then just as the airlines do they will be starting to hedging their fuel costs at prevailing prices for the next few years.
The point being made is that to be on par with say Jet 2 which has recovered about 2/3 of its pre-Covid value CCL should imho be heading to roughly £20 in the interim
People had 4 days to buy prior to lockdown and were buying in bulk from what I saw so transaction values would have been up. I had birthdays and events in November so bought several cards all at the same time and there were elderly people buying lots of Christmas cards. Bit too early for me that. Probably thinking that lockdown would last a bit longer and oblivious to the good news that Pfizer just brought out a couple of days ago.
There is a big gap between the present share price and where things stood pre Coronavirus.
The roll out is Key workers first then it will be on an age basis starting with the over 80's and working down sequentially.
The target retirees and 50 to 65 age range should be reached by about January so there should be about a full years cruising available as of Spring next year and some wintersun Caribbean and Far Eastern cruises.
Don't forget that we could have 3 vaccines for rollout come December.