There are some very naive punters reading the weather and not the climate. (Read short term/long term).
On the aviation side MQG has airports inc. Sydney-how many pax/aircraft will transit Sydney in the next 1-2-3-4 quarters and beyond? Have a look at the cashflows from recent quarters. It is all gone! Aircraft leasing (Singapore Airlines has the begging dish out for $10 Billion). A lease on ONE wide body jet is many millions USD per month. MQG holds many in the inventory. Defaults on these leases will cost TENS OF MILLIONS PER MONTH.
No business entity can get blood out of a stone. It will take a number of reporting periods for the carnage to filter through to the ASX reports.
We are not going to wake up one sunny Monday in a few months time with full employment and everyone singing kumbaya . It will take in all probability years for the world to recover from this once in a lifetime event.
Cash is king as long it is not kept in a future insolvent bank.
- Forums
- ASX - By Stock
- MQG
- MQG $150
MQG $150, page-322
-
-
- There are more pages in this discussion • 263 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MQG (ASX) to my watchlist
|
|||||
Last
$203.40 |
Change
0.520(0.26%) |
Mkt cap ! $77.70B |
Open | High | Low | Value | Volume |
$204.18 | $204.49 | $202.50 | $105.9M | 520.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 827 | $203.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$203.43 | 109 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 250 | 203.000 |
1 | 50 | 202.470 |
1 | 100 | 202.200 |
1 | 9 | 202.100 |
5 | 237 | 202.000 |
Price($) | Vol. | No. |
---|---|---|
203.500 | 1100 | 2 |
203.850 | 152 | 1 |
204.000 | 2108 | 7 |
204.200 | 123 | 1 |
204.300 | 123 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
MQG (ASX) Chart |