Surely a buy @ this price??!!5 Mar 2024 10:40
So what am I missing.
20bn turnover
1 bn profit
3 bn debt
2.65bn market cap
(Some of the figures might be mixed between euros and pounds)
I know it’s going to be delisted and moved solely to Germany.
That’s the reason the valuation is so low?
Then surely it’s a no brainier to buy at this price and sit tight till the summer?
Rates are coming down, people’s appetite for travel has returned.
I can see easily 40% upside from here.