hisah wrote:Back in March 2012, IATA gave a gloomy outlook for the airline industry in 2012.
2 weeks ago they emphasised on that same outlook -
www.straitstimes.com/Bre...ory/STIStory_809672.htmlIf you invest in airline stocks for the short term and lose your money as the stocks bleed, well, you deserve the losses...
KQ would have been OK but for the super-dilutive Rights Issue.
Interesting but sad fact - the CEO has ZERO shares. So it doesn't matter if the price drops to zero.
Compare to my favorite firm. KK's CEO has a lot of Options [giving him the right to buy the shares] which means he wants minimal dilution & a high price for the shares.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett