VBA 0.00% 35.5¢ virgin blue holdings limited

...Credit Suisse analysis are not sure why VBA shares continue...

  1. 6,102 Posts.
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    ...Credit Suisse analysis are not sure why VBA shares continue to drop.

    The airline gave an honest update at its annual meeting on Friday warning of continue demand weakness.But really 31c a share?

    ..."While the outlook for the aviation sector remains challenging.We do see VBA well positioned with the strong local and short hall international-centred operations"A credit Suisse spokesman said.

    ..."We see the current share price as reflecting a expectation of collapse"

    ...That is an vastly unlikely scenario, the analysts believe,given VBA's cash position of $602 million and its ability to easily sell assets.
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    ...Time to buy some short term trading stock to offload into the next short term rally while keeping a substantial medium term position !!!



 
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Currently unlisted public company.

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