Captain's outlook23 Mar 2023 12:51
Ahoy there! As your captain, I want to update you on our share prices. For the past four years, our short-term destination has been a bit of a rollercoaster, bouncing between the low 30s and some spikes up to 140s. This was due to issues with the Trent 1000 engine and the pandemic causing flight groundings. However, I have some exciting news to share about our long-haul share prices. We have taken off and are now flying high above the resistance at 140, and we're seeing some positive changes in the market. The charts are showing visible signs of an overall trend change in favour of higher prices after four years of a weekly downtrend. There are several reasons for this shift. Firstly, we have fresh management with a clear flight path for the company. Secondly, our flying hours are back above 2019 levels. Thirdly, inflation and interest rate hikes are expected to soften or stall by mid-year. Fourthly, we're en-route back to Investment grade status. And lastly, we've had a technical breakout above 140 and are heading towards 250. So, sit back, relax, and enjoy the flight towards higher share prices!