2Yr·

Good Q3 figures, good outlook and the possibility of introducing a dividend from 2025. In addition, the takeover of another airline (the decision on Winderoe is to follow on 17.11.) is still on the table.

The near insolvency was used as a catalyst for a new and seemingly positive future.

PS: the current "correction" is probably due to the uncertainty in Iceland and the possible volcanic eruption. There may be an opportunity (if interested) to enter or add to the portfolio.

02.11

Norwegian Air Shuttle

Bought x2150 at €0.699

€1,502.42

30 Comments

Enrique@Dividenden_Monteur

2Yr

I see this in a similar way to @Kohlmeyse I prefer to realize the losses first, even if I want to re-enter the position. Especially when trading derivatives, this equity-lowering game costs returns and, in my opinion, distorts results. It looks nice when I close the position with +-0, but you also tie up capital that can work better elsewhere, especially in such an extreme example with -72%.

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Robert@Iwant_money_423

2Yr

@Der_Dividenden_Monteur but the capital should then work elsewhere and not at NAS. And this is not about derivatives...are there any NAS derivatives at all? 😅

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Robert@Iwant_money_423

2Yr

I gambled with NAS between 0.80€ and 1.10€. But the price slide to this level is reason enough for me not to get back in. A dead horse doesn't win a race.

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N@Khlmysee

2Yr

@Iwant_money_423 Except that it's not a dead horse. Current figures already show that.

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Mac M.@Kronos_

2Yr

@Iwant_money_423 only have to come to €2 or so and you have a good Gewinn☝️

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Robert@Iwant_money_423

2Yr

@Kronos_...are only over 150% 😅

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Mac M.@Kronos_

2Yr

@Iwant_money_423 feasible in the long term🤣🤣

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user03@user03

2Yr

They were once at 1000 euros?!?!?!!

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Tim951995@Tim951995

2Yr

An Arline that was on the verge of insolvency...I don't think you can invest your money in a riskier way 😃

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Homer@Simpson

2Yr

How do you become a millionaire? By investing in airlines as a billionaire 😂

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N@Khlmysee

2Yr

@Simpson 😉

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N@Khlmysee

2Yr

@Simpson It's working so far. 😉

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N@Khlmysee

2Yr

Additional positive news: https://www.aviacionline.com/2023/11/norwegian-air-shuttle-announces-40-new-routes-for-summer-2024/?utm_content=cmp-true

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M S.@Manu85

2Yr

For that the price was once over 1000€. Does it look like quite a crash landing?

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Deleted User

2Yr

Comment was deleted

N@Khlmysee

2Yr

@Bullrider I would realize the loss and then possibly use the current time to re-enter or invest elsewhere. Then you can offset the loss against profits. I don't think it's right to wait forever for the turnaround. Your "tied-up loss" deprives you of the opportunity to make sensible use of future profits.

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Staatsmann@Staatsmann

2Yr

@Bullrider If you expect a turnaround, you can simply buy more and lower the buy price.

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N@Khlmysee

2Yr

@Staatsmannthen he still cannot use the loss positively. I think my approach makes much more sense.

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Robert@Iwant_money_423

2Yr

@Kohlmeyse the right strategy for spilotheques...😂

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N@Khlmysee

2Yr

@Iwant_money_423 Nope, I only have an idea of the subject matter. Apparently you don't. Have you ever heard of loss offsetting pots? It's a good way to show off your ignorance. 👍🏻

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Robert@Iwant_money_423

2Yr

@Kohlmeyse 🤔 Maybe I did. But if you're so sure that the turnaround is coming, then @Staatsmann is right and you can simply reduce its equity and take the resulting profits. It's a zero-sum game. Have you ever heard of that?

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N@Khlmysee

2Yr

@Iwant_money_423 How high does the investment have to be to make up for -72%? 😉 How long do you want to wait for the corresponding upward movement? Time is not on your side with these "add and reduce equity" games. In the short term, you will miss out on profits (if you have other investments that are performing well). Actually totally plausible. At least that's what you might think.

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Robert@Iwant_money_423

2Yr

@Kohlmeyse You are making a mistake in your thinking. He can do it exactly the same way, exit at the same time as he would have exited with a profit and then has exactly the same amount in the loss offset pot as in your variant. Difference: no trading fees and co.

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N@Khlmysee

2Yr

@Iwant_money_423 No, I have not. The loss is realized faster than the (possible) gain. In turn, he can use this loss to realize the profit on other securities and reduce the charges. My goodness... Trading fees in the age of NeoBrokers...@Der_Dividenden_Monteur Help 😫

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Robert@Iwant_money_423

2Yr

@Kohlmeyse achso...and that you ask how high an investment has to be (in absolute terms) to compensate for a percentage...that already reveals something of your "clue" 😉 So don't act cocky and then get lost in your own words. That's not good for anyone.

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