QAN 0.80% $7.42 qantas airways limited

LOL "inflation is so high that record high fuel costs are the...

  1. 738 Posts.
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    LOL "inflation is so high that record high fuel costs are the least of Qantas's worries"... do you even listen to yourself?

    Hospitals are taking care of record high covid patients (and this is only growing), recession is on the cards globally, geopolitical tensions are rising everywhere, inflation is out of control, interest rates are only going up while debt is at record levels for households, corporates and even sovereings but, yes, let's invest in a company not far off of its record high enterprise valuation despite its negative book value (LOL) and a business model that loses money. #investingwisely

    Oh, and a reminder that Qantas has to go up around 25% to break even to where you started spruiking this disastrous investment on this forum. ROFLMAO
    Last edited by tony75: 27/06/22
 
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