RE: Looking at the numbers from yesterday7 Dec 2023 13:05
As you know I've been very confident about TUI since I opened my first buy (albeit I was just a whisker too early on that one particular purchase!) - Keeping my fingers and toes crossed that all my top ups since then are really going to start making big gains! I believe I've done my homework and have read the market correctly on this. If I am right we're quickly going to see £7-£7.50 before this month ends, and possibly a little higher perhaps... breaking out a shy above the £8 mark as masses of backpay lands into the bank accounts of hundreds of thousands of workers here in the UK. Many will go and treat themselves by booking a holiday this xmas holiday (naturally many will also clear their bills down with this landing as a lump sum). I suppose what I'm saying here is inflation far from done yet, revenue growth is set to continue rolling in as reflected in TUI's report. EU of course a little different (less long term perm inflation built into their economy compared to UK) - they may soon be looking to amend their bank rate down a notch, to adjust and maintain the trajectory to hit their inflation target and prevent deflation taking root.
Great to read you also see TUI as top on your list!