The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
75% of first half 2020 seats have now been booked as per company statement , how much of 2.3 billion is factored in to prebooked flights if any as I am assuming H2 with have same level of prebooking so what is exactly their cash position any answers guys please .I guessing they have a cash burn of about 180m per month with out refunds .
always nailing the small guy . I think keep your short cant see any positives with this for a while was thinking of buying lower might consider a short now with todays jump maybe buy some May dated put options as cant see these guys in the air anytime soon .
I will buy easyjet as a longterm hold in time but right now its pure gambling this could see a 3 handle pretty quick no planes in the air means no money whats their cash burn per day now .Will they have to do a rights issue who knows plus what will flying be like in shorterm next 6 months who knows to many unknowns , would rather buy this when everything clears up and miss the first 20% rise than going through stress of it dropping everyweek to gods knows how low and destroying the equity holders like the banks did in last downturn wont be problem for company boards .
impossible to know up or down what we do know is they wont be making any money any time soon as for up or down flip a coin but odds point down because of this horrible Covid 19 great company in normal times not normal times
Covid-19 Corporate Financing Facility market will like it I guess but no planes in the sky means no money so whats the point taking on more future debt they still have to pay back .Better off doing a rights issue
Wm. Morrison Supermarkets PLC (MRW.LN) said Thursday that it was expanding its collaboration with Amazon.com Inc. AMZN, to include more cities in the U.K.
The two companies currently provide a same-day online delivery service to four U.K. cities.
Wm. Morrison said it will become a retailer of Amazon's Prime Now website and app, selling directly to customers.
Amazon.com Inc. is expanding its alliance with U.K. retailer Wm Morrison Supermarkets Plc to offer groceries in more cities across the country, putting more pressure on supermarkets to expand online.
The companies plan to introduce Prime Now same-day delivery service to cities including Glasgow, Scotland, and Liverpool, England, this year, Morrison said Thursday. Morrison shares rose as much as 2.9% in London, the most since January.