biggest cost with tui operating costs is the fspo, but that was structured with a high end start up and then charter rates reduce over time. 10 more years of profit is still a lot more than many companies would dream of.
look at the buy depth for ppp and you will see a lot more brave ones - braver than me by volume, wanting to buy as cheap as they can.
ppp have lots of spare cash, even after the drill, so maybe they will also surprise us with a second dividend
PPP Price at posting:
16.5¢ Sentiment: LT Buy Disclosure: Held
