RE: Updated chart: looking very good folks!8 Aug 2019 11:26
Thank you.
Please do remember that it is still a riskier share than many others nonetheless.
My main source of confidence (I know, I keep repeating myself...) is how Neset Kockar has staked his money and his name in this company, with the official backing of the Turkish government, and he has a much stronger track record than the BoD at running a travel / resorts business.
He also claims to be engaging with banks (which own the lions share of the debt !) and even Fosun itself! He is effectively trying to prove that the BoD is wrong in most of the claims that it made to justify that D4E deal as it currently is.
If it weren't for that, I would not have the same level of confidence in my chart.
Yesterday's Russian buyer is goods news on the surface, but without more info about her, we cannot confidently draw conclusion about her motivations and whether she is definitely a mate of Neset.