AIR
Not going to be seen as a safe investment for a while yet for sure no one traveling Businesses will Zoom more Travelers won't want to travel if they run the chance of being Quarantined for 14 days each way i see then dropping to 90c
Intrinsic Value is $2.16 but that was based before Corona.
Candles Indicate Selling pressure has entered Return to previous Level Zone is still making Lower Highs
Financially they are sound as a NZ Dollar but Profit Margins only 3% not much Earnings have been dropping each year since 2016 really
Thats my Opinion but the Market often doesn't make sense keep an eye on all companies for the next runner Super Funds pick on 1 or 2 and run them up then often drop them just a as quick.
Intrinsic Value is $2.16 but that was based before Corona.
Candles Indicate Selling pressure has entered Return to previous Level Zone is still making Lower Highs
Financially they are sound as a NZ Dollar but Profit Margins only 3% not much Earnings have been dropping each year since 2016 really
Thats my Opinion but the Market often doesn't make sense keep an eye on all companies for the next runner Super Funds pick on 1 or 2 and run them up then often drop them just a as quick.
Note
Air Travel Stuffed Will air travel ever recover?
youtube.com/watch?v=Wo1fA1OVamo
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