Same but I haven’t got 35k to gamble unfortunately. I’ve stuck £2k @ 53p. I won’t lose any sleep if it collapses but it could contribute a few grand a year to the pension if things turn out better than I currently expect.
There will still be mugs claiming this is due to the split lol. Don’t know I great deal about evraz, are they worth much without the Russian mines? I know they do bit in US and EU. Is there a safe entry point on evraz- Russia and become rich if someone does assassinate Putin
I think it’s a 50:50. If war breaks out these shares are as good as worthless for the foreseeable. If war is avoided they will inevitably reach 6-700ish in a matter of months with a chunky divi. But your basically in casino at this point imo. If it hits sub 200 this week I’m all in!
Putin wouldn’t saying anything else though. If western intelligence is correct and he’s looking at a false flag to instigate it then it’s clear he can’t be seen as the aggressor. This may go some way in holding the sp tomorrow. Gl
Got 120 today as it did seem a decent price. Door dash is down 8% atm. Tomorrow might not be much fun
What a silly comment
It’s brilliant news. With EasyJet back it secures Southends long term future and I’m hoping the SP stays low for a while yet. I can continue to invest with a lot more confidence while grabbing a bargain.
Thank you for the replies. I'm not really somebody who deep dives into the finances as I'm not going to pretend to understand it all!! This is by far my riskiest trade but I just see it as a short term dead cert. Having used all the *London Airports it is by far the best, and actually I cant think of any easier experience anywhere in Europe . With no disrespect to Ryanair's business model they do not derive their customer satisfaction from the customers experience, it is solely on the fact you got to *London from Bucharest for a tenner, so I actually started investing when they pulled out. For other airlines the experience into *London will be something they will possibly charge a premium for. My plan is to hold/possibly top up more until the new year and hope for an announcement on routes . If an announcement isn't made by March I'll sell and take my loss, even if its a few lousy Wizz Air flights I'll exit the position. But I just cant see why (covid aside) an Easy or similar wouldn't come in. I can see both sides playing chicken as Southend is in a financial mess but ultimately will an Airline want to miss this opportunity, it was profitable for Easyjet. And If that happens then id expect to exit at around 30p (my average is 15.5p) unless my expectations are exceeded and holding is the better option.
I've invested in Esken recently as it's an Airport I know and if it wasn't for Covid I believe it would be flourishing, So I feel like I'm currently getting in at cost - its all there ready to be a success . However I'm not an experienced investor, but when you say they will need future funding, what was the £125m from Caryle for? £20M for the airport. I assume the cost of mothballing, potentially over 18 months. The remaining £100M is surely for these legacy debts? No? Thank you for your help
Wizz won't return until spring at the earliest. A