I would say given how airlines have come off around the world, any buy in the 700s is wishful thinking this will be resolved quickly. I think it will be resolved but would expect a fall of about 20% from peak to trough to cope with the airlines halting flights to the mainland and to Hong Kong.
such a cessation in travel to those destinations should if the passenger numbers and growth rates are to be interpreted correctly, cause a fall of about 10-20% of earnings all IMHO all always Pls DYOR.
SYD Price at posting:
$8.31 Sentiment: Sell Disclosure: Not Held
