HLO valuation thread, page-2

Nice report thanks Access. I own some and have been continuing to top up. I am nearly -13% underwater, which looks depressing when you see it. But I have been buying because like you I see some value here. I hope we don't have to wait till 2026 though
My personal opinion is that HLO is getting hurt by higher interest rates and a looming recession. It's hard to splash the cash on travel when you're struggling to buy your groceries. From that perspective 2026 may well be right. Again, I hope not. I do think it is going to get worse before it gets better though; if we do end up with a recession people will be cutting back their discretionary spending quite significantly. But if we take a long term view on things though this could be a good buying opportunity.