QAN 0.43% $7.00 qantas airways limited

Go woke go broke, page-44

  1. 420 Posts.
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    on the other side...just to be balanced...keep in mind QAN 'valuation' vs Global Airlines is already very 'low'....on consensus numbers ( subject to d'grade i guess)....QAN EV/EBITDA next year prices at about 2.8 times....global avg ~ 4.6 times. thats skewed by china airlines being way up there at 15 times is...but even excl China names....the us guys ( delat etc) are 5 times, Japan/Cathay 4.7-5 times....only AIr France...on that simple EV/ebitda multiple is as lows as QAN.

    So....what IFF....there is a change in foreign ownership ( 49% cap at moment)...could that mean the BIG BIG global funds buy the cheaper QAN?
    i have no idea....but thats the risk on shorts maybe?
 
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