Do you really believe in TUI ?
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•@Cato_Bamboo in the long term? No, not really, but the dip was a good fit in chart terms. It constantly jumps up to just over 7 and then crashes again. This time I wanted to see if I could ride the cycle and get a few percent out of it.
Although I really do like traveling with my ship.
Although I really do like traveling with my ship.
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@Hotte1909 Well, today at least probably a direct hit.......
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@Cato_Bamboo Snapshot 😉 sure to fall again soon 😀
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•TUI always has cyclical fluctuations but does solid business. Pandemic, Ukraine war was not so nice for the share. The main investor (30%) was Russian and on sanctions lists.
Within 5 years, the company has survived the pandemic, repaid most of the loans (and pushed the state out again as an investor), pushed out the Russian investor with capital increases (when he couldn't buy) and share buybacks, digitized properly, bought hotels, massively expanded cruises and is currently investing massively in CO2-reduced tourism. It looks like the first dividends will be paid out again next year.
Anyone who has bought cheaply will be pleased.
As soon as the dividends are announced, the last short sellers will get out and the share will become attractive again for pension funds etc.
If a world war breaks out, I have other things to worry about than the play money invested here.
Within 5 years, the company has survived the pandemic, repaid most of the loans (and pushed the state out again as an investor), pushed out the Russian investor with capital increases (when he couldn't buy) and share buybacks, digitized properly, bought hotels, massively expanded cruises and is currently investing massively in CO2-reduced tourism. It looks like the first dividends will be paid out again next year.
Anyone who has bought cheaply will be pleased.
As soon as the dividends are announced, the last short sellers will get out and the share will become attractive again for pension funds etc.
If a world war breaks out, I have other things to worry about than the play money invested here.
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