RE: share price15 Aug 2017 11:41
Welcome to the LSE forum, Jasbir.
Even-longer-term investors (probably?) here can offer more than a purely speculative prediction about the company’s short-term future. Some of us have been doing so regularly for a couple of years or more! To little avail.
However, my personal view is that the share price has been languishing here at virtually its lowest-ever for several weeks so it can surely “only go up’?! More significantly, after a long period of pretty disastrous [mis-]management, this month marks the first year anniversary of the arrival of our new CEO, Nico Bezuidenhout, as you must know.
He had 10 years experience with a similar low-cost airline in Africa and, already, there are visible signs of his and his team’s plans coming to fruition, even if it is not yet reflected in the SP. Ruthless trimming and wiser organisation overall should begin to show results anytime soon and certainly before this year is out, IMHO.
I hope others will post their opinions as they may well differ from mine.