hisah wrote:@Aguy - Are u factoring cheap dollar (cbk manipulation), high fuel & expensive loans, restive employees? If euroland goes poof, what will that do to passenger numbers in 2012-2013... Add rights in the cocktail and a tot is enough to get you high.
the odds are against them. And their declining margins show this. But a correction to a p.e of around 5 would be in order if rights is cancelled. I've noted VVS, has kept mum over this thread, break the silence bana.
The investor's chief problem - and even his worst enemy - is likely to be himself