Ok. But you are assuming a recovery (60%). Debt has increased, and FLT has cut staff and branches by over 50%. Even they don't foresee opening up of international routes before Q1 2021, and at best a 50% earn rate in 2021. I doubt you will even see EPS about about $0.50-60 in 2021, $0.75 at best. All a guessing game though, and we are all making assumptions. There are also a lot of problems with the mechanics of FLT - - remuneration practices for one - which are yet to be sorted out. 2020 is purely about survival, 2021 about stability. And all this is based on the assumption that there is no second wave (of Covid-19), which is a huge assumption at this point in time.
Hope you are right, and hope that I am wrong.
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$21.95 |
Change
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Mkt cap ! $4.851B | |||
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 191 | $21.86 |
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|---|---|---|
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