WEB 0.22% $9.21 webjet limited

Coronavirus, page-235

  1. pdi
    237 Posts.
    lightbulb Created with Sketch. 29
    I would like to say that I enjoyed reading your answer, but I would be lying. There are much aggression and emotions. It does not help you if you want to invest. I don't care whether my previous post makes me sound stupid or not as long as my strategy is successful, and so far, I can't complain.

    Your question about the toilet paper... well, I won't be lowering myself to that level to answer it.

    I should be more precise in my posts, however reading with understanding might help you in the future, plus maybe try some relaxation techniques.

    I never said buying this stock is gambling. What I said buying at this level is gambling. It is likely it will go down to levels no one expected a few months ago, wheter its going to recover, who knows. It depends on how long the current situation lasts. Whether it followed by a financial crisis/recession and how long Webjet can survive. There are many value companies they will last, and people can top up at a discounted price, and there are some that the future will be uncertain, and Webjet belongs to that group. This is what I call gambling: overpriced current price and uncertain future.


    Gambling is not always 50-50.

    In a few months, they will be 100s companies at reduced prices, safer to invest than the Webjet.Take that into account as well. So the demand for Web stock does not necessarily need to be high.

    If it comes to traveling in the future, I made this statement about the medium effect of Covid-19 possible recession. (see sentence two and four in my previous post) I should have been more precise, so people driven by emotion can read them with understanding.

    I worry that the demand for holidays and traveling might not be that hight if the recession/crisis hits us due to the virus. Can Web survive that? Or other companies like google step into their territories, who knows. It is pure speculation.

    Yes, it did cross my mind, in fact, a few times the risk of contracting H1N1 in 2009/2010, not necessarily SARS. It was the time my colleague died in the same hospital we both worked. She was young and healthy.

    Sars was never a problem for the economy. Easy to contain around 8000 infected 10% died ( 800 if the math isn't your strong point). The transmission appeared to happen in the second week of illness; therefore it was so easy to isolate.

    N1H1 was a different beast, more infectious; however, we already had a vaccination against the flu, which was shortly modified with a reasonably good response. N1H1 still appears cyclical, but its a part of seasonal flu vaccination, and we have some immunity as well.

    Now I believe if N1H1 happened a bit earlier would have a more significant effect on the stock; however, when the pandemic was declared by WHO in June 2009, the stock market was right at the bottom after the financial crisis in the US. It almost couldn't go lower.

    I am not a short seller, never was, I do not intend to be. I am purely trying to analyze the market and contribute in some way to the forum. Maybe this post will make some young investors think and calculate the risk. My advice is to wait; there is nothing positive in the travel business now. It will be a better moment to buy, and maybe Webjet will make you rich.

    I wish Webjet all the best and hope they will do good because they deserve it, but the above view is my current analysis of what is happening.


    And the last thing nicarena IGNORANCE is much worst than a bit of panic.


    Obviously, I am not a financial advisor, so DYOR
 
watchlist Created with Sketch. Add WEB (ASX) to my watchlist
(20min delay)
Last
$9.21
Change
-0.020(0.22%)
Mkt cap ! $3.602B
Open High Low Value Volume
$9.30 $9.34 $9.20 $8.675M 939.3K

Buyers (Bids)

No. Vol. Price($)
1 9900 $9.21
 

Sellers (Offers)

Price($) Vol. No.
$9.25 806 2
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
WEB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.