I can't help but think that SUL are going to be the beneficiaries of post Covid-19 in a big way:
1) International travel = not happening until sometime in 2021
2) Many people unemployed and therefore won't be able to afford expensive holidays in Australia = flying interstate
3) People have been cooped up for sometime and will want to get out once restrictions and especially interstate restrictions are lifted. Many won't want to fly anyway.
So once we take into account all the above factors, driving and camping holidays this summer appears to be the future. Given that SUL have exposure in both auto (Supercheap) and camping (BCF and Macpac) I don't see any down side. At $7 a share I'm buying Monday morning.
Darren
I can't help but think that SUL are going to be the...
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Last
$14.52 |
Change
-0.110(0.75%) |
Mkt cap ! $3.279B | |||
| Open | High | Low | Value | Volume |
| $14.30 | $14.57 | $14.28 | $7.912M | 546.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1468 | $14.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.52 | 2101 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SUL (ASX) Chart |