SYD 0.00% $8.72 sydney airport

Ann: SYD completes institutional component of Entitlement Offer, page-7

  1. 315 Posts.
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    UK can have travel...to countries in similar post coronavirus situations. We haven't even started to begin (in NSW at least, maybe not VIC) and short of a vaccine, we'll have to go through the bitter journey (why not schedule it for this summer, gives us 3mths to get fit, eat right, like avoid carbs, get some sun and/or take Vit D). But we won't, we'll fight it for another year, the rest of the world will open up to each other, us and NZ will be exluded, with occasional state shutdowns. SYD will be underutilised for a good 2 to 3 years. And don't they face competition from Badgerys Ck airport 2 to 3 years after that? And are not their profit mostly a function of a central banker's rate setting keyboard strokes? Let's see where SYD share price is at std 7% to 8% corporate tax rates with 75% of the business they were getting last year. I'm writing just like a smug former SYD holder who bought most of the holding at $0.92 and sold out most above $7. Don't worry, my loss makers would make you pity me overall. But back on topic, with real low interest rates, Badgerys deferred (likely?) and a recovery to >80% traffic, yeah, sure, current prices look a complete steal compared to metrics of Netflix shares.
 
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Currently unlisted public company.

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